Glass House Brands (GLAS) Beginning Cash Balance (2018 - 2024)

Glass House Brands (GLAS) has reported Beginning Cash Balance for 7 consecutive years, with $32.5 million the latest figure, recorded in Q1 2024.

• On a quarterly basis, Beginning Cash Balance rose 129.95% year-over-year to $32.5 million in Q1 2024; TTM through Mar 2024 was $32.5 million, a 129.95% increase from a year earlier, with the FY2023 full-year figure at $37.9 million, down 29.91% from the prior year.
• Beginning Cash Balance was $32.5 million for Q1 2024 at Glass House Brands, down from $37.9 million in the prior quarter.
• Over five years, Beginning Cash Balance peaked at $54.1 million in Q1 2022 and troughed at $2.6 million in Q1 2020.
• A 5-year average of $17.8 million and a median of $9.3 million in 2021 frame the typical range for Beginning Cash Balance.
• Across the five-year window, Beginning Cash Balance slumped 80.89% in 2020 and surged 1092.15% in 2022, its largest moves.
• Over 5 years, Beginning Cash Balance stood at $2.6 million in 2020, then surged by 72.32% to $4.5 million in 2021, then jumped by 1092.15% to $54.1 million in 2022, then fell by 29.91% to $37.9 million in 2023, then retreated by 14.17% to $32.5 million in 2024.
• The last three Beginning Cash Balance figures came in at $32.5 million (Q1 2024), $37.9 million (Q4 2023), and $22.7 million (Q3 2023), per Business Quant data.