Gold Flora (Gold Flora) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Gold Flora Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Gold Flora's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Gold Flora couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Gold Flora's Cash-to-Debt or its related term are showing as below:

GRAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.14
Current: 0.14

During the past 2 years, Gold Flora's highest Cash to Debt Ratio was 0.14. The lowest was 0.03. And the median was 0.09.

GRAM's Cash-to-Debt is ranked worse than
68.63% of 51 companies
in the Tobacco Products industry
Industry Median: 0.49 vs GRAM: 0.14

Gold Flora Cash-to-Debt Historical Data

The historical data trend for Gold Flora's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Gold Flora Cash-to-Debt Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

0.03

0.14

Gold Flora Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Cash-to-Debt	N/A	0.03	0.19	0.14

Competitive Comparison of Gold Flora's Cash-to-Debt

For the Tobacco subindustry, Gold Flora's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gold Flora's Cash-to-Debt Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Gold Flora's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gold Flora's Cash-to-Debt falls into.

Gold Flora Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Gold Flora's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	22.538	/	(24.504	+	140.674)
	=	0.14

Gold Flora's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	22.538	/	(24.504	+	140.674)
	=	0.14

Gold Flora (OTCPK:GRAM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Gold Flora Cash-to-Debt Related Terms

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Gold Flora (Gold Flora) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Gold Flora Corp (OTCPK:GRAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GRAM:Canada

Address

3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626

Website

https://www.goldflora.com

Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

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