Gold Flora (Gold Flora) Total Current Assets : $52.86 Mil (As of Dec. 2023)

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What is Gold Flora Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gold Flora's total current assets for the quarter that ended in Dec. 2023 was $52.86 Mil.

Gold Flora Total Current Assets Historical Data

The historical data trend for Gold Flora's Total Current Assets 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.

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Gold Flora Total Current Assets Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

Total Current Assets

19.67

52.86

Gold Flora Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Total Current Assets	-	19.67	58.61	52.86

Gold Flora Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Gold Flora's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.538	+	2.232	+	18.372	+	9.721
	=	52.86

Gold Flora's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.538	+	2.232	+	18.372	+	9.721
	=	52.86

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Gold Flora (OTCPK:GRAM) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Gold Flora's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.538	-	233.614	+	0.75 * 1.773	+	0.5 * 18.372
=	-200.56

Gold Flora Total Current Assets 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 » Total Current Assets

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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