GRAM (Gold Flora) Accumulated Depreciation: $-20.4 Mil (As of Sep. 2024)

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What is Gold Flora Accumulated Depreciation?

Gold Flora GRAM -90.00% Accumulated Depreciation is $-20.4 Mil as of Sep. 2024.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Gold Flora's quarterly accumulated depreciation increased from Mar. 2024 ($-16.6 Mil) to Jun. 2024 ($-18.5 Mil) and increased from Jun. 2024 ($-18.5 Mil) to Sep. 2024 ($-20.4 Mil).

Gold Flora's annual accumulated depreciation declined from . 20 ($0.0 Mil) to Dec. 2022 ($-8.9 Mil) but then increased from Dec. 2022 ($-8.9 Mil) to Dec. 2023 ($-14.7 Mil).

Gold Flora Accumulated Depreciation Related Terms

Gold Flora Accumulated Depreciation Historical Data

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The historical data trend for Gold Flora's Accumulated Depreciation 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.

Gold Flora Accumulated Depreciation Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Accumulated Depreciation
-8.94 -14.68

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only -12.81 -14.68 -16.62 -18.53 -20.37

Gold Flora Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-20.4 Mil mean?
Gold Flora (GRAM) has a Accumulated Depreciation of $-20.4 Mil as of Sep. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Gold Flora and its competitors.
Is Gold Flora's Accumulated Depreciation too high?
Gold Flora's current Accumulated Depreciation is $-20.4 Mil.
How does Gold Flora's Accumulated Depreciation compare to PM and MO?
Gold Flora's Accumulated Depreciation of $-20.4 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Tobacco Products company?
A good Accumulated Depreciation depends on the Tobacco Products industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Gold Flora and its competitors. Gold Flora's current Accumulated Depreciation is $-20.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Flora stock overvalued right now?
Gold Flora (GRAM) has a current Accumulated Depreciation of $-20.4 Mil. The current Accumulated Depreciation is $-20.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Gold Flora (GRAM), the current Accumulated Depreciation is $-20.4 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gold Flora Business Description

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