GRAM (Gold Flora) Construction In Progress: $0.5 Mil (As of Sep. 2024)


What is Gold Flora Construction In Progress?

Gold Flora GRAM -90.00% Construction In Progress is $0.5 Mil as of Sep. 2024.

Gold Flora's quarterly construction in progress increased from Mar. 2024 ($0.1 Mil) to Jun. 2024 ($0.2 Mil) and increased from Jun. 2024 ($0.2 Mil) to Sep. 2024 ($0.5 Mil).

Gold Flora's annual construction in progress increased from . 20 ($0.0 Mil) to Dec. 2022 ($11.5 Mil) but then declined from Dec. 2022 ($11.5 Mil) to Dec. 2023 ($0.1 Mil).

Gold Flora Construction In Progress Historical Data

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The historical data trend for Gold Flora's Construction In Progress 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 Construction In Progress Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Construction In Progress
11.53 0.11

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Construction In Progress Get a 7-Day Free Trial Premium Member Only 1.88 0.11 0.11 0.24 0.49

Gold Flora Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0.5 Mil mean?
Gold Flora (GRAM) has a Construction In Progress of $0.5 Mil as of Sep. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on Gold Flora and its competitors.
Is Gold Flora's Construction In Progress too high?
Gold Flora's current Construction In Progress is $0.5 Mil.
How does Gold Flora's Construction In Progress compare to PM and MO?
Gold Flora's Construction In Progress of $0.5 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 Construction In Progress for a Tobacco Products company?
A good Construction In Progress depends on the Tobacco Products industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Gold Flora and its competitors. Gold Flora's current Construction In Progress is $0.5 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 Construction In Progress of $0.5 Mil. The current Construction In Progress is $0.5 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Gold Flora (GRAM), the current Construction In Progress is $0.5 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.