GRAM (Gold Flora) LT-Debt-to-Total-Asset: 0.64 (As of Sep. 2024)


What is Gold Flora LT-Debt-to-Total-Asset?

Gold Flora GRAM -90.00% LT-Debt-to-Total-Asset is 0.64 as of Sep. 2024.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Gold Flora's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.64.

Gold Flora's long-term debt to total assets ratio increased from Sep. 2023 (0.53) to Sep. 2024 (0.64). It may suggest that Gold Flora is progressively becoming more dependent on debt to grow their business.

Gold Flora  (OTCPK:GRAM) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Gold Flora LT-Debt-to-Total-Asset Related Terms

Gold Flora LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Gold Flora's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Gold Flora Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.76 0.62

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.53 0.62 0.63 0.66 0.64

Gold Flora LT-Debt-to-Total-Asset Calculation

Gold Flora's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=140.674/226.366
=0.62

Gold Flora's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=133.29/209.695
=0.64

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.64 mean?
Gold Flora (GRAM) has a LT-Debt-to-Total-Asset of 0.64 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Gold Flora and its competitors.
Is Gold Flora's LT-Debt-to-Total-Asset too high?
Gold Flora's current LT-Debt-to-Total-Asset is 0.64.
How does Gold Flora's LT-Debt-to-Total-Asset compare to PM and MO?
Gold Flora's LT-Debt-to-Total-Asset of 0.64 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 LT-Debt-to-Total-Asset for a Tobacco Products company?
A good LT-Debt-to-Total-Asset depends on the Tobacco Products industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Gold Flora and its competitors. Gold Flora's current LT-Debt-to-Total-Asset is 0.64. 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 LT-Debt-to-Total-Asset of 0.64. The current LT-Debt-to-Total-Asset is 0.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Gold Flora (GRAM), the current LT-Debt-to-Total-Asset is 0.64 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.