Glass House Brands (GLAS) Goodwill (2020 - 2023)
Glass House Brands (GLAS) posted quarterly Goodwill of $23.0 million for Q3 2023, up 7.36% year-over-year from $21.4 million in Q3 2022, and up 33.31% quarter-over-quarter from $17.2 million in Q2 2023.
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.
- In Q3 2023, Goodwill rose 7.36% year-over-year to $23.0 million; the TTM figure through Sep 2023 stood at $23.0 million (up 7.36% YoY), while the FY2022 annual figure was $37.8 million, up 668.44% from the prior year.
- Goodwill grew to $23.0 million in Q3 2023 per GLAS's latest filing, from $17.2 million in the prior quarter.
- Across five years, Goodwill topped out at $37.8 million in Q4 2022 and bottomed at $4.8 million in Q4 2020.
- Historically, Goodwill has averaged $14.4 million across 4 years, with a median of $10.4 million in 2022.
- On a YoY basis, Goodwill climbed as much as 668.44% in 2022 and fell as far as 0.0% in 2022.
- Glass House Brands' Goodwill stood at $4.8 million in 2020, then climbed by 2.14% to $4.9 million in 2021, then jumped by 668.44% to $37.8 million in 2022, then sank by 39.24% to $23.0 million in 2023.
- Business Quant data shows GLAS's Goodwill at $23.0 million in Q3 2023, $17.2 million in Q2 2023, and $23.7 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - |
| 10 | Glass House Brands | 828.45 Mn | 809.90 Mn | 15.77 Mn |
Historic Data
Download 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 30, 2022 | 21.39 Mn |
| Jun 30, 2022 | 10.44 Mn |
| Mar 31, 2022 | 4.92 Mn |
| Dec 31, 2021 | 4.92 Mn |
| Sep 30, 2021 | 4.92 Mn |
| Mar 31, 2021 | 4.92 Mn |
| Dec 31, 2020 | 4.82 Mn |