Flora Historical Balance Sheet
| FLGC Stock | USD 1.51 0.08 5.59% |
Trend analysis of Flora Growth Corp balance sheet accounts such as Other Current Liabilities of 4.5 M or Total Current Liabilities of 9.9 M provides information on Flora Growth's total assets, liabilities, and equity, which is the actual value of Flora Growth Corp to its prevalent stockholders. By breaking down trends over time using Flora Growth balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Flora Growth Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Flora Growth Corp is a good buy for the upcoming year.
Flora Growth Inventory |
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About Flora Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Flora Growth Corp at a specified time, usually calculated after every quarter, six months, or one year. Flora Growth Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Flora Growth and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Flora currently owns. An asset can also be divided into two categories, current and non-current.
Flora Growth Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Flora Growth assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Flora Growth Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Flora Growth balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Flora Growth Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash
Cash refers to the most liquid asset of Flora Growth Corp, which is listed under current asset account on Flora Growth Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Flora Growth customers. The amounts must be unrestricted with restricted cash listed in a different Flora Growth account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from Flora Growth's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Flora Growth Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Flora Growth's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 84 K, whereas Short and Long Term Debt Total is forecasted to decline to about 2.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.3M | 4.1M | 3.7M | 2.4M | Total Assets | 85.5M | 81.0M | 23.6M | 46.4M |
Flora Growth balance sheet Correlations
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Flora Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Flora Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flora Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flora Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flora Growth Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flora Growth. If investors know Flora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.35) | Revenue Per Share 7.41 | Quarterly Revenue Growth (0.27) | Return On Assets (0.17) | Return On Equity (1.35) |
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flora Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.