Glass House Brands Inc. (GLASF)

Glass House Brands Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	32.06	29.52	11.14	51.07	4.54	2.63
Cash & Short-Term Investments	32.06	29.52	11.14	51.07	4.54	2.63
Cash Growth	-8.12%	164.95%	-78.18%	1026.00%	72.32%	-
Accounts Receivable	7.89	3.98	4.79	2.89	5.14	1.25
Receivables	9.2	3.98	6.04	2.89	6.05	4.86
Inventory	16.77	8.84	10.95	6.6	6.87	1.4
Prepaid Expenses	6.3	3.87	7.76	5.56	1.02	0.38
Restricted Cash	3	3	3	3	-	-
Total Current Assets	67.33	49.22	38.89	69.12	18.47	9.27
Property, Plant & Equipment	223.81	226.55	227.56	198.88	29.72	27.05
Long-Term Investments	2.3	2.33	4.25	7.2	10.7	10.95
Goodwill	-	-	37.8	4.92	4.82	2.72
Other Intangible Assets	14.38	21.21	35.92	5.63	5.28	1.58
Long-Term Deferred Tax Assets	-	-	1.51	-	-	-
Other Long-Term Assets	4.91	4.47	4.69	2.34	0.55	0.35
Total Assets	312.73	303.77	350.63	288.08	69.54	51.92
Accounts Payable	7.1	5.54	6.01	4.78	2.58	2.38
Accrued Expenses	25.66	21.39	15.96	5.44	3.99	2.96
Current Portion of Long-Term Debt	7.55	7.55	0.04	0.04	0.6	4
Current Portion of Leases	2.38	1.84	1.14	0.27	0.33	0.25
Current Income Taxes Payable	4.39	7.88	7.6	5.04	4.74	0.86
Other Current Liabilities	35.14	43.16	23.25	41.19	7.37	-
Total Current Liabilities	82.22	87.36	54	56.75	19.6	10.46
Long-Term Debt	52.2	56.51	62.62	44.82	19.07	0.65
Long-Term Leases	8.39	9.22	10.07	2.87	2.32	1.58
Long-Term Deferred Tax Liabilities	-	-	-	1.33	1.42	0.09
Other Long-Term Liabilities	20.19	5.44	2.8	1.45	0.85	0.54
Total Liabilities	163	158.54	129.49	107.21	43.27	13.32
Common Stock	-	-	-	-	-	35.05
Additional Paid-In Capital	302.55	280.7	261.53	241.9	42.93	-
Retained Earnings	-202.52	-190.93	-92.67	-60.83	-16.66	-
Total Common Equity	100.03	89.76	168.86	181.07	26.27	35.05
Minority Interest	49.7	55.48	52.27	-0.2	-	3.55
Shareholders' Equity	149.73	145.24	221.13	180.87	26.27	38.6
Total Liabilities & Equity	312.73	303.77	350.63	288.08	69.54	51.92
Total Debt	70.52	75.13	73.88	47.99	22.32	6.47
Net Cash (Debt)	-38.46	-45.6	-62.73	3.08	-17.78	-3.84
Net Cash Per Share	-0.52	-0.63	-0.98	0.08	-0.84	-
Filing Date Shares Outstanding	76.29	71.08	69.43	56.82	238.2	-
Total Common Shares Outstanding	76.27	70.94	68.22	56.82	238.2	-
Working Capital	-14.89	-38.14	-15.11	12.37	-1.14	-1.19
Book Value Per Share	1.31	1.27	2.48	3.19	0.11	-
Tangible Book Value	85.65	68.55	95.14	170.52	16.18	30.75
Tangible Book Value Per Share	1.12	0.97	1.39	3.00	0.07	-
Land	70.89	70.89	70.89	70.78	8.97	8.97
Buildings	154	143.21	140.04	108.02	11.21	11.21
Machinery	11.91	10.33	8.52	6.03	4.55	3.08
Construction In Progress	4.95	10.17	6.45	11.87	0.32	-
Leasehold Improvements	15.24	14.68	10.93	8.41	7.48	4.82

Source: S&P Capital IQ. Standard template. Financial Sources.