📊 TSNDF Key Takeaways
Is TerrAscend Corp. (TSNDF) a Good Investment?
TerrAscend demonstrates operational profitability with strong 52.3% gross margins and positive 16.1% operating income, but is severely unprofitable at the net level due to substantial debt burden and likely interest/financing charges. With 2.28x debt-to-equity leverage, declining revenue (-2.8% YoY), and tight 1.5x interest coverage, the company faces material financial stress that outweighs modest positive FCF generation.
Why Buy TerrAscend Corp. Stock? TSNDF Key Strengths
- Strong gross margin of 52.3% indicates efficient production operations
- Positive operating cash flow of 21.5M and free cash flow of 12.9M show underlying business generates cash
- Acceptable current ratio of 1.38x provides near-term liquidity buffer
TSNDF Stock Risks: TerrAscend Corp. Investment Risks
- Deeply negative net income of -81.3M despite positive revenue signals unsustainable debt/financing burden
- High leverage with 2.28x debt-to-equity and 225.5M long-term debt creates refinancing and solvency risk
- Revenue declining 2.8% YoY combined with negative profitability indicates deteriorating business fundamentals
- Quick ratio of 0.95x and tight 1.5x interest coverage suggest limited financial flexibility
Key Metrics to Watch
- Net income trend and path to profitability
- Revenue growth stabilization or recovery
- Debt reduction progress and debt service coverage ratio
- Operating cash flow sustainability
TerrAscend Corp. (TSNDF) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 5.0% FCF margin may limit capital allocation flexibility.
TSNDF Profit Margin, ROE & Profitability Analysis
TSNDF vs Market Sector: How TerrAscend Corp. Compares
How TerrAscend Corp. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is TerrAscend Corp. Stock Overvalued? TSNDF Valuation Analysis 2026
Based on fundamental analysis, TerrAscend Corp. shows some fundamental concerns relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
TerrAscend Corp. Balance Sheet: TSNDF Debt, Cash & Liquidity
TSNDF Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: TerrAscend Corp.'s revenue has shown modest growth of 8% over the 5-year period. The most recent EPS of $-0.34 indicates the company is currently unprofitable.
TSNDF Revenue Growth, EPS Growth & YoY Performance
TSNDF Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $65.1M | -$6.2M | $-0.08 |
| Q2 2025 | $65.0M | -$6.2M | $-0.03 |
| Q1 2025 | $71.0M | -$12.3M | $-0.05 |
| Q3 2024 | $74.2M | -$6.2M | $-0.04 |
| Q2 2024 | $72.1M | -$6.2M | $-0.03 |
| Q1 2024 | $69.4M | -$14.9M | $-0.06 |
| Q3 2023 | $66.2M | -$8.7M | $-0.04 |
| Q2 2023 | $64.0M | -$1.8M | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
TerrAscend Corp. Dividends, Buybacks & Capital Allocation
TSNDF SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for TerrAscend Corp. (CIK: 0001778129)
📋 Recent SEC Filings
❓ Frequently Asked Questions about TSNDF
What is the AI rating for TSNDF?
TerrAscend Corp. (TSNDF) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TSNDF's key strengths?
Claude: Strong gross margin of 52.3% indicates efficient production operations. Positive operating cash flow of 21.5M and free cash flow of 12.9M show underlying business generates cash.
What are the risks of investing in TSNDF?
Claude: Deeply negative net income of -81.3M despite positive revenue signals unsustainable debt/financing burden. High leverage with 2.28x debt-to-equity and 225.5M long-term debt creates refinancing and solvency risk.
What is TSNDF's revenue and growth?
TerrAscend Corp. reported revenue of $260.6M.
Does TSNDF pay dividends?
TerrAscend Corp. does not currently pay dividends.
Where can I find TSNDF SEC filings?
Official SEC filings for TerrAscend Corp. (CIK: 0001778129) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is TSNDF's EPS?
TerrAscend Corp. has a diluted EPS of $-0.29.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is TSNDF a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, TerrAscend Corp. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is TSNDF stock overvalued or undervalued?
Valuation metrics for TSNDF: ROE of -82.1% (sector avg: 15%), net margin of -31.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy TSNDF stock in 2026?
Our dual AI analysis gives TerrAscend Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is TSNDF's free cash flow?
TerrAscend Corp.'s operating cash flow is $21.5M, with capital expenditures of $8.6M. FCF margin is 5.0%.
How does TSNDF compare to other Market stocks?
Vs Default sector averages: Net margin -31.2% (avg: 12%), ROE -82.1% (avg: 15%), current ratio 1.38 (avg: 1.8).
Is TerrAscend Corp. carrying too much debt?
TSNDF has a debt-to-equity ratio of 2.28x, which is above the Market sector average of 0.7x. However, the current ratio of 1.38 suggests adequate short-term liquidity.