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GLASF (Glass House Brands) 1-Year ROIIC % : 27.35% (As of Sep. 2024)


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What is Glass House Brands 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Glass House Brands's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 27.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Glass House Brands's 1-Year ROIIC % or its related term are showing as below:

GLASF's 1-Year ROIIC % is ranked better than
69.8% of 1010 companies
in the Drug Manufacturers industry
Industry Median: 1.6 vs GLASF: 27.35

Glass House Brands 1-Year ROIIC % Historical Data

The historical data trend for Glass House Brands's 1-Year ROIIC % 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.

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Glass House Brands 1-Year ROIIC % Chart

Glass House Brands Annual Data
Trend Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- -13.87 -17.47 -161.30

Glass House Brands Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -976.77 -161.30 -1,367.48 -57.69 27.35

Competitive Comparison of Glass House Brands's 1-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Glass House Brands's 1-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Glass House Brands's 1-Year ROIIC % falls into.



Glass House Brands 1-Year ROIIC % Calculation

Glass House Brands's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -13.272 (Sep. 2024) - -6.4234 (Sep. 2023) )/( 287.496 (Sep. 2024) - 312.536 (Sep. 2023) )
=-6.8486/-25.04
=27.35%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Glass House Brands  (OTCPK:GLASF) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Glass House Brands 1-Year ROIIC % Related Terms

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Glass House Brands Business Description

Traded in Other Exchanges
Address
3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of California. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness. It cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and consumer packaged goods to third-party retail stores. It also owns and operates retail cannabis stores in the state of California. it has three reportable segments retail, wholesale biomass, and cannabis-related consumer packaged goods. It generates the majority of its revenue from wholesale biomass.