Glass House Brands Inc

Company Profile

Glass House Brands Inc had its IPO on under the ticker symbol GLASF.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Glass House Brands Inc has a staff strength of 0 employees.

Stock update

Shares of Glass House Brands Inc opened at $3.69 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.69 - $3.9, and closed at $3.74.

This is a +0.81% increase from the previous day's closing price.

A total volume of 118,900 shares were traded at the close of the day’s session.

In the last one week, shares of Glass House Brands Inc have increased by +2.47%.

Glass House Brands Inc's Key Ratios

Glass House Brands Inc has a market cap of $214.12 million, indicating a price to book ratio of 1.0731 and a price to sales ratio of 2.2801.

In the last 12-months Glass House Brands Inc’s revenue was $105.94 million with a gross profit of $21.54 million and an EBITDA of $-26932206. The EBITDA ratio measures Glass House Brands Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Glass House Brands Inc’s operating margin was -38.19% while its return on assets stood at -8.53% with a return of equity of -31.89%.

In Q1, Glass House Brands Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 107.7%.

Glass House Brands Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.07 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Glass House Brands Inc’s profitability.

Glass House Brands Inc stock is trading at a EV to sales ratio of 3.1607 and a EV to EBITDA ratio of -12.8517. Its price to sales ratio in the trailing 12-months stood at 2.2801.

Glass House Brands Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$319.58 million

Total Liabilities

$63.09 million

Operating Cash Flow

$0

Capital Expenditure

$1.09 million

Dividend Payout Ratio

0%

Glass House Brands Inc ended 2024 with $319.58 million in total assets and $0 in total liabilities. Its intangible assets were valued at $319.58 million while shareholder equity stood at $128.15 million.

Glass House Brands Inc ended 2024 with $0 in deferred long-term liabilities, $63.09 million in other current liabilities, in common stock, $-135094269.00 in retained earnings and $17.23 million in goodwill. Its cash balance stood at $13.37 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $62.89 million.

Glass House Brands Inc’s total current assets stands at $40.66 million while long-term investments were $1.98 million and short-term investments were $0. Its net receivables were $3.68 million compared to accounts payable of $10.10 million and inventory worth $14.68 million.

In 2024, Glass House Brands Inc's operating cash flow was $0 while its capital expenditure stood at $1.09 million.

Comparatively, Glass House Brands Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.74

52-Week High

$4.51

52-Week Low

$1.78

Analyst Target Price

$

Glass House Brands Inc stock is currently trading at $3.74 per share. It touched a 52-week high of $4.51 and a 52-week low of $4.51. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $3.54 and 200-day moving average was $3.1 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 3582.9% of the company’s stock are held by insiders while 378.5% are held by institutions.