GRAM (Gold Flora) Debt-to-Equity: -2.59 (As of Sep. 2024)

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What is Gold Flora Debt-to-Equity?

Gold Flora GRAM -90.00% Debt-to-Equity is -2.59 as of Sep. 2024.

Gold Flora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $30.7 Mil. Gold Flora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $133.3 Mil. Gold Flora's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-63.3 Mil. Gold Flora's debt to equity for the quarter that ended in Sep. 2024 was -2.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

GRAM's Debt-to-Equity is not ranked *
in the Tobacco Products industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Gold Flora Debt-to-Equity Related Terms

Gold Flora Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gold Flora's Debt-to-Equity 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 Debt-to-Equity Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Debt-to-Equity
-6.47 -22.38

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 4.89 -22.38 -7.74 -3.57 -2.59

GRAM vs PM, MO, TPB: Debt-to-Equity Comparison

For the Tobacco subindustry, Gold Flora's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Tobacco Products Industry

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

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


Gold Flora Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(24.504 + 140.674) / -7.382
=-22.38

Gold Flora's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(30.662 + 133.29) / -63.315
=-2.59

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -2.59 mean?
Gold Flora (GRAM) has a Debt-to-Equity of -2.59 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gold Flora and its competitors.
Is Gold Flora's Debt-to-Equity too high?
Gold Flora's current Debt-to-Equity is -2.59.
How does Gold Flora's Debt-to-Equity compare to PM and MO?
Gold Flora's Debt-to-Equity of -2.59 can be compared against companies in the Tobacco Products industry. The industry median Debt-to-Equity is 0.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Tobacco Products company?
The median Debt-to-Equity among Tobacco Products companies is 0.37, based on 35 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gold Flora and its competitors. For the Tobacco Products industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Flora's current Debt-to-Equity is -2.59. 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 Debt-to-Equity of -2.59. The current Debt-to-Equity is -2.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Gold Flora (GRAM), the current Debt-to-Equity is -2.59 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.