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Glass House Brands (Glass House Brands) Debt-to-Revenue : 0.61 (As of Mar. 2024)


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What is Glass House Brands Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Glass House Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $9.4 Mil. Glass House Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $63.9 Mil. Glass House Brands's annualized Revenue for the quarter that ended in Mar. 2024 was $120.4 Mil. Glass House Brands's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.


Glass House Brands Debt-to-Revenue Historical Data

The historical data trend for Glass House Brands's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Glass House Brands Debt-to-Revenue Chart

Glass House Brands Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
0.46 0.76 0.87 0.47

Glass House Brands Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.43 0.39 0.48 0.61

Competitive Comparison of Glass House Brands's Debt-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glass House Brands's Debt-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Glass House Brands's Debt-to-Revenue falls into.



Glass House Brands Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Glass House Brands's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.39 + 65.736) / 160.836
=0.47

Glass House Brands's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.373 + 63.918) / 120.404
=0.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Glass House Brands Debt-to-Revenue Related Terms

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Glass House Brands (Glass House Brands) Business Description

Traded in Other Exchanges
Address
3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is a vertically integrated cannabis and hemp company with a focus on the California market. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness.