Glass House Brands (GLAS) Divestments (2020 - 2022)
Glass House Brands (GLAS) posted quarterly Divestments of $4.9 million for Q4 2022, up 10859.28% year-over-year from N/an in Q4 2021, and up 389.61% quarter-over-quarter from $991000.0 in Q3 2022.
Glass House Brands (GLAS) Divestments (2020 - 2022) Analysis & Trends
Glass House Brands (GLAS) has reported Divestments for 3 consecutive years, with $4.9 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Divestments rose 10859.28% year-over-year to $4.9 million; the TTM figure through Dec 2022 stood at $30.2 million (down 68.64% YoY), while the FY2022 annual figure was $3.0 million, up 780.88% from the prior year.
- Divestments climbed to $4.9 million in Q4 2022 per GLAS's latest filing, from $991000.0 in the prior quarter.
- Across five years, Divestments topped out at $95.5 million in Q3 2021 and bottomed at $340.0 in Q3 2020.
- Historically, Divestments has averaged $10.6 million across 3 years, with a median of $374069.0 in 2020.
- Annual changes were most pronounced in 2021 — Divestments surged 28097547.06% — and 2022, when it slumped 98.96%.
- Glass House Brands' Divestments stood at $208138.0 in 2020, then sank by 78.73% to $44273.0 in 2021, then soared by 10859.28% to $4.9 million in 2022.
- Business Quant data shows GLAS's Divestments at $4.9 million in Q4 2022, $991000.0 in Q3 2022, and $11.3 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | 4.00 Mn |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | 65.64 Mn |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | - |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | - |
| 10 | Glass House Brands | 837.25 Mn | 818.69 Mn | 15.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 4.85 Mn |
| Sep 30, 2022 | 991,000.00 |
| Jun 30, 2022 | 11.34 Mn |
| Mar 31, 2022 | 12.98 Mn |
| Dec 31, 2021 | 44,273.00 |
| Sep 30, 2021 | 95.53 Mn |
| Jun 30, 2021 | 540,000.00 |
| Mar 31, 2021 | 66,000.00 |
| Dec 31, 2020 | 208,138.00 |
| Sep 30, 2020 | 340.00 |
| Jun 30, 2020 | 65,660.00 |
| Mar 31, 2020 | 66,000.00 |