Gold Flora Corp
Gold Flora Corporation engages in the cultivation, manufacturing, distribution, and retailing of cannabis products in the United States. The company operates in three segments: Retail, Wholesale, and Management. Gold Flora Corporation was founded in 2016 and is based in Costa Mesa, California.
Gold Flora Corp (GRAMW) - Net Assets
Latest net assets as of September 2024: $-63.42 Million USD
Based on the latest financial reports, Gold Flora Corp (GRAMW) has net assets worth $-63.42 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($209.69 Million) and total liabilities ($273.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-63.42 Million |
| % of Total Assets | -30.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Gold Flora Corp - Net Assets Trend (2022–2023)
This chart illustrates how Gold Flora Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gold Flora Corp (2022–2023)
The table below shows the annual net assets of Gold Flora Corp from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-7.25 Million | +69.26% |
| 2022-12-31 | $-23.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gold Flora Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4344500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $103.45 Million | % |
| Total Equity | $-7.38 Million | 100.00% |
Gold Flora Corp Competitors by Market Cap
The table below lists competitors of Gold Flora Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STATOIL - Dusseldorf Stock Exchang
DU:DNQ
|
$287.56K |
|
Oakridge International Ltd
AU:OAK
|
$287.56K |
|
TREND MICRO (TMI.SG)
STU:TMI
|
$287.61K |
|
PREMIA FINANCE O.N.
F:81U
|
$288.00K |
|
RICHTER GEDEON CHE
BUD:RICHT
|
$287.05K |
|
StockRate Invest - Globale Aktier Udloddende
CO:SRIGAU
|
$286.41K |
|
IONQ INC. CL.A DL-,0001
F:0YB0
|
$286.32K |
|
BHILW
PINK:BHILW
|
$286.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gold Flora Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -23,753,000 to -7,382,000, a change of 16,371,000.
- Net loss of 42,620,000 reduced equity.
- New share issuances of 664,000 increased equity.
- Other factors increased equity by 58,327,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-42.62 Million | -577.35% |
| Share Issuances | $664.00K | +8.99% |
| Other Changes | $58.33 Million | +790.12% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Gold Flora Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $-0.08 | $0.00 | x |
| 2023-12-31 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gold Flora Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.85%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | -32.48% | 0.41x | 0.00x | $-18.95 Million |
| 2023 | 0.00% | -46.85% | 0.40x | 0.00x | $-41.88 Million |
Industry Comparison
This section compares Gold Flora Corp's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $2,736,297,202,585
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gold Flora Corp (GRAMW) | $-63.42 Million | 0.00% | N/A | $287.49K |
| American Cannabis Company Inc (AMMJ) | $2.00 Million | -35.50% | 0.52x | $92.90K |
| British American Tobacco p.l.c. (BTI) | $75.71 Billion | 8.80% | 1.03x | $123.65 Billion |
| 1606 Corp. (CBDW) | $-595.05K | 0.00% | 0.00x | $850.32K |
| Charlie's Holdings Inc. (CHUC) | $-1.78 Million | 0.00% | 0.00x | $6.72 Million |
| Cartel Blue Inc (CRTL) | $877.30K | -2.10% | 0.04x | $194.76 |
| Eco-Growth Strategies Inc (ECGS) | $-8.24 Million | 0.00% | 0.00x | $1.13K |
| PT Gudang Garam Tbk (GDNGY) | $24.55 Trillion | 20.20% | 0.59x | $1.07 Billion |
| Globrands Ltd (GLBGF) | $55.62 Million | 130.79% | 3.84x | $53.17 Million |
| Greenlane Holdings Inc (GNLN) | $-11.06 Million | 0.00% | 0.00x | $946.10K |