Glass House Brands (GLAS) Long-Term Deferred Tax (2020 - 2023)
Glass House Brands' (GLAS) quarterly Long-Term Deferred Tax came in at $1.8 million in Q3 2023, up 16.51% quarter-over-quarter from $1.6 million in Q2 2023.
Analysis
Glass House Brands (GLAS) Long-Term Deferred Tax (2020 - 2023) Analysis & Trends
Glass House Brands (GLAS) has reported Long-Term Deferred Tax for 4 consecutive years, with $1.8 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Long-Term Deferred Tax changed N/A year-over-year to $1.8 million in Q3 2023; TTM through Sep 2023 was $1.8 million, a N/A change from a year earlier, with the FY2022 full-year figure at $1.5 million, up 821.99% from the prior year.
- Long-Term Deferred Tax was $1.8 million for Q3 2023 at Glass House Brands, up from $1.6 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $1.8 million in Q3 2023 and troughed at -$209466.0 in Q3 2021.
- A 4-year average of $835808.6 and a median of $739500.0 in 2022 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax tumbled 135.0% in 2021 and jumped 821.99% in 2022, its largest moves.
- Over 4 years, Long-Term Deferred Tax stood at $598435.0 in 2020, then plunged by 135.0% to -$209466.0 in 2021, then jumped by 821.99% to $1.5 million in 2022, then rose by 20.87% to $1.8 million in 2023.
- The last three Long-Term Deferred Tax figures came in at $1.8 million (Q3 2023), $1.6 million (Q2 2023), and $1.4 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.83 Mn |
| Jun 30, 2023 | 1.57 Mn |
| Mar 31, 2023 | 1.44 Mn |
| Dec 31, 2022 | 1.51 Mn |
| Jun 30, 2022 | 773,000.00 |
| Mar 31, 2022 | 706,000.00 |
| Dec 31, 2021 | -209,466.00 |
| Sep 30, 2021 | -209,466.00 |
| Mar 31, 2021 | 354,251.00 |
| Dec 31, 2020 | 598,435.00 |