Glass House Brands (GLAS) Goodwill (2020 - 2023)
Glass House Brands' (GLAS) quarterly Goodwill came in at $23.0 million in Q3 2023, up 33.31% quarter-over-quarter from $17.2 million in Q2 2023.
Analysis
Glass House Brands (GLAS) Goodwill (2020 - 2023) Analysis & Trends
Glass House Brands (GLAS) has reported Goodwill for 4 consecutive years, with $23.0 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Goodwill changed N/A year-over-year to $23.0 million in Q3 2023; TTM through Sep 2023 was $23.0 million, a N/A change from a year earlier, with the FY2022 full-year figure at $37.8 million, up 1619.07% from the prior year.
- Goodwill was $23.0 million for Q3 2023 at Glass House Brands, up from $17.2 million in the prior quarter.
- Over five years, Goodwill peaked at $37.8 million in Q4 2022 and troughed at $2.2 million in Q4 2021.
- A 4-year average of $13.0 million and a median of $9.5 million in 2022 frame the typical range for Goodwill.
- Across the five-year window, Goodwill plunged 54.35% in 2021 and jumped 1619.07% in 2022, its largest moves.
- Over 4 years, Goodwill stood at $4.8 million in 2020, then tumbled by 54.35% to $2.2 million in 2021, then jumped by 1619.07% to $37.8 million in 2022, then sank by 39.24% to $23.0 million in 2023.
- The last three Goodwill figures came in at $23.0 million (Q3 2023), $17.2 million (Q2 2023), and $23.7 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 22.97 Mn |
| Jun 30, 2023 | 17.23 Mn |
| Mar 31, 2023 | 23.65 Mn |
| Dec 31, 2022 | 37.80 Mn |
| Sep 6, 2022 | 9.55 Mn |
| Jun 30, 2022 | 10.44 Mn |
| Mar 31, 2022 | 4.92 Mn |
| Dec 31, 2021 | 2.20 Mn |
| Sep 30, 2021 | 4.92 Mn |
| Mar 31, 2021 | 4.92 Mn |
| Dec 31, 2020 | 4.82 Mn |