BackCanopy Growth Overview
Canopy Growth Corporation

Canopy Growth Debt to Equity

Canopy Growth (CGC) has a debt-to-equity ratio of 0.35, above the Healthcare sector average of 0.26.

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Debt to Equity

0.35

Debt to Equity

0.35

Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.

Debt to Equity (Comparison Companies)

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Debt to Equity History

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Debt to Equity Comparison

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Canopy Growth (CGC) FAQ

Canopy Growth's debt-to-equity ratio stands at 0.35. That is above the Healthcare sector average of 0.26. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Canopy Growth sits higher the Healthcare benchmark (0.26) with a debt-to-equity ratio of 0.35. That is roughly 32.0% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

Whether 0.35 is attractive depends on Canopy Growth's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.

The history chart shows how Canopy Growth's debt-to-equity ratio evolved across reporting periods, while the comparison chart places CGC next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Healthcare, debt-to-equity ratio is commonly used to spot outliers. Canopy Growth's reading of 0.35 (sector avg 0.26) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.