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) - Total Assets
Latest total assets as of September 2024: $209.69 Million USD
Based on the latest financial reports, Gold Flora Corp (GRAMW) holds total assets worth $209.69 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Gold Flora Corp - Total Assets Trend (2022–2023)
This chart illustrates how Gold Flora Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gold Flora Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Gold Flora Corp's total assets of $209.69 Million consist of 23.4% current assets and 76.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.0% |
| Accounts Receivable | $1.77 Million | 0.8% |
| Inventory | $18.37 Million | 8.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $46.10 Million | 20.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2023)
This chart illustrates how Gold Flora Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gold Flora Corp's current assets represent 23.4% of total assets in 2023, an increase from 12.2% in 2022.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2023, up from 3.2% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, a decrease from 29.0% in 2022.
- Asset Diversification: The largest asset category is intangible assets at 20.4% of total assets.
Gold Flora Corp Competitors by Total Assets
Key competitors of Gold Flora Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cartel Blue Inc
PINK:CRTL
|
USA | $1.72 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
Malaysia | RM1.26 Billion |
|
MERAVEST CAP.
DU:AEE1
|
Germany | €70.12 Million |
|
American Cannabis Company Inc
PINK:AMMJ
|
USA | $2.12 Million |
|
British American Tobacco p.l.c.
NYSE:BTI
|
USA | $109.29 Billion |
|
1606 Corp.
PINK:CBDW
|
USA | $14.60K |
|
Charlie's Holdings Inc.
OTCQB:CHUC
|
USA | $10.56 Million |
|
Eco-Growth Strategies Inc
PINK:ECGS
|
USA | $1.23 Million |
Gold Flora Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Gold Flora Corp generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gold Flora Corp is currently not profitable relative to its asset base.
Gold Flora Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.42 | 0.73 | 0.37 |
| Quick Ratio | 0.25 | 0.54 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-64.21 Million | $ -21.45 Million | $ -33.51 Million |
Gold Flora Corp - Advanced Valuation Insights
This section examines the relationship between Gold Flora Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 39.8% |
| Total Assets | $226.37 Million |
| Market Capitalization | $287.49K USD |
Valuation Analysis
Below Book Valuation: The market values Gold Flora Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gold Flora Corp's assets grew by 39.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gold Flora Corp (2022–2023)
The table below shows the annual total assets of Gold Flora Corp from 2022 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $226.37 Million | +39.80% |
| 2022-12-31 | $161.93 Million | -- |