GRAM (Gold Flora) Equity-to-Asset: -0.30 (As of Sep. 2024)

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What is Gold Flora Equity-to-Asset?

Gold Flora GRAM -90.00% Equity-to-Asset is -0.30 as of Sep. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gold Flora's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-63.3 Mil. Gold Flora's Total Assets for the quarter that ended in Sep. 2024 was $209.7 Mil. Therefore, Gold Flora's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was -0.30.

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

GRAM's Equity-to-Asset is not ranked *
in the Tobacco Products industry.
Industry Median: 0.46
* Ranked among companies with meaningful Equity-to-Asset only.

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Gold Flora Equity-to-Asset Related Terms


Gold Flora Equity-to-Asset Historical Data

* Premium members only.

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

Gold Flora Annual Data
Trend Dec22 Dec23
Equity-to-Asset
-0.15 -0.03

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.12 -0.03 -0.09 -0.21 -0.30

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

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

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

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



Gold Flora Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-7.382/226.366
=-0.03

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

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-63.315/209.695
=-0.30

* 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 Equity-to-Asset →
What does a Equity-to-Asset of -0.30 mean?
Gold Flora (GRAM) has a Equity-to-Asset of -0.30 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gold Flora and its competitors.
Is Gold Flora's Equity-to-Asset too high?
Gold Flora's current Equity-to-Asset is -0.30.
How does Gold Flora's Equity-to-Asset compare to PM and MO?
Gold Flora's Equity-to-Asset of -0.30 can be compared against companies in the Tobacco Products industry. The industry median Equity-to-Asset is 0.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Tobacco Products company?
The median Equity-to-Asset among Tobacco Products companies is 0.46, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gold Flora and its competitors. For the Tobacco Products industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Flora's current Equity-to-Asset is -0.30. 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 Equity-to-Asset of -0.30. The current Equity-to-Asset is -0.30. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Gold Flora (GRAM), the current Equity-to-Asset is -0.30 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.