Glass House Brands Inc. (GLASF)

Glass House Brands Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	33.92	29.52	11.14	51.07	4.54
Cash & Short-Term Investments	33.92	29.52	11.14	51.07	4.54
Cash Growth	14.90%	164.94%	-78.18%	1026.00%	72.32%
Accounts Receivable	5.22	3.98	4.79	2.46	5.14
Other Receivables	1.93	-	-	-	-
Receivables	7.15	3.98	6.04	2.46	6.05
Inventory	14.25	8.84	10.95	6.53	6.87
Prepaid Expenses	7.78	3.87	7.76	5.56	1.02
Restricted Cash	3	3	3	3	-
Total Current Assets	66.1	49.22	38.89	68.62	18.47
Property, Plant & Equipment	222.99	226.55	227.56	198.88	29.72
Long-Term Investments	2.34	2.33	4.25	7.2	10.7
Goodwill	-	-	37.8	4.92	4.82
Other Intangible Assets	14.2	21.21	35.92	5.63	5.28
Long-Term Deferred Tax Assets	-	-	1.51	-	-
Other Long-Term Assets	4.87	4.47	4.69	2.34	0.55
Total Assets	310.5	303.78	350.63	287.58	69.54
Accounts Payable	8.69	5.54	6.01	4.34	2.58
Accrued Expenses	22.44	21.39	15.96	5.59	3.99
Current Portion of Long-Term Debt	7.64	7.55	0.04	0.04	0.6
Current Portion of Leases	2.45	1.84	1.14	0.27	0.33
Current Income Taxes Payable	2.41	7.88	7.6	3.81	4.74
Other Current Liabilities	22.84	43.16	23.25	41.19	7.37
Total Current Liabilities	66.48	87.36	54	55.24	19.6
Long-Term Debt	50.55	56.51	62.62	44.82	19.07
Long-Term Leases	8.55	9.22	10.07	2.87	2.32
Long-Term Deferred Tax Liabilities	-	-	-	1.28	1.42
Other Long-Term Liabilities	20.87	5.44	2.8	1.45	0.85
Total Liabilities	146.45	158.54	129.49	105.65	43.27
Additional Paid-In Capital	306.65	280.7	261.53	241.9	42.93
Retained Earnings	-190.42	-190.94	-92.67	-59.76	-16.66
Total Common Equity	116.24	89.76	168.86	182.13	26.27
Minority Interest	47.82	55.48	52.27	-0.2	-
Shareholders' Equity	164.06	145.24	221.13	181.94	26.27
Total Liabilities & Equity	310.5	303.78	350.63	287.58	69.54
Total Debt	69.2	75.13	73.88	47.99	22.32
Net Cash (Debt)	-35.28	-45.6	-62.73	3.08	-17.78
Net Cash Per Share	-0.47	-0.63	-0.98	0.08	-0.84
Filing Date Shares Outstanding	77.3	71.08	69.43	56.82	238.2
Total Common Shares Outstanding	76.91	70.94	68.22	56.82	238.2
Working Capital	-0.38	-38.14	-15.11	13.38	-1.14
Book Value Per Share	1.51	1.27	2.48	3.21	0.11
Tangible Book Value	102.04	68.55	95.14	171.59	16.18
Tangible Book Value Per Share	1.33	0.97	1.39	3.02	0.07
Land	70.89	70.89	70.89	70.78	8.97
Buildings	154.04	143.21	140.04	108.02	11.21
Machinery	12.58	10.33	8.52	6.03	4.55
Construction In Progress	6.46	10.17	6.45	11.87	0.32
Leasehold Improvements	15.57	14.68	10.93	8.41	7.48

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.