GRAM (Gold Flora) Total Assets: $209.7 Mil (As of Sep. 2024)


What is Gold Flora Total Assets?

Gold Flora GRAM -90.00% Total Assets is $209.7 Mil as of Sep. 2024.

Gold Flora's Total Assets for the quarter that ended in Sep. 2024 was $209.7 Mil.

Total Assets is connected with ROA %. Gold Flora's annualized ROA % for the quarter that ended in Sep. 2024 was -36.03%. Total Assets is also linked to Revenue through Asset Turnover. Gold Flora's Asset Turnover for the quarter that ended in Sep. 2024 was 0.16.

Gold Flora  (OTCPK:GRAM) Total Assets Explanation

Total Assets is connected with ROA %.

Gold Flora's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-75.324/( (208.402+209.695)/ 2 )
=-75.324/209.0485
=-36.03 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Gold Flora's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=32.621/( (208.402+209.695)/ 2 )
=32.621/209.0485
=0.16

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Gold Flora Total Assets Related Terms

Gold Flora Total Assets Historical Data

* Premium members only.

The historical data trend for Gold Flora's Total Assets 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 Total Assets Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Total Assets
161.93 226.37

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only 277.13 226.37 220.61 208.40 209.70

Gold Flora Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Gold Flora's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-7.248+233.614
=226.4

Gold Flora's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-63.424+273.119
=209.7

* 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 Total Assets →
What does a Total Assets of $209.7 Mil mean?
Gold Flora (GRAM) has a Total Assets of $209.7 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Gold Flora and its competitors.
Is Gold Flora's Total Assets too high?
Gold Flora's current Total Assets is $209.7 Mil.
How does Gold Flora's Total Assets compare to PM and MO?
Gold Flora's Total Assets of $209.7 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 Total Assets for a Tobacco Products company?
A good Total Assets depends on the Tobacco Products industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Gold Flora and its competitors. Gold Flora's current Total Assets is $209.7 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 Total Assets of $209.7 Mil. The current Total Assets is $209.7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Gold Flora (GRAM), the current Total Assets is $209.7 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.