FLGC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FLGC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Flora Growth's Net Cash per Share for the quarter that ended in Mar. 2024 was $-1.89.
The historical rank and industry rank for Flora Growth's Net Cash per Share or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Cash Ratio of Flora Growth was 12.26. The lowest was 3.98. And the median was 8.12.
The historical data trend for Flora Growth's Net Cash per Share 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.
Flora Growth Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Net Cash per Share | - | 5.92 | 8.94 | -2.25 | -1.44 |
Flora Growth Quarterly Data | ||||||||||||||||
Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Net Cash per Share | Get a 7-Day Free Trial | -2.59 | -2.59 | -1.52 | -1.44 | -1.89 |
For the Drug Manufacturers - Specialty & Generic subindustry, Flora Growth's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
For the Drug Manufacturers industry and Healthcare sector, Flora Growth's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Flora Growth's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Flora Growth's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as
Net Cash per Share (A: Dec. 2023 ) | |||||||
= | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (4.35 | - | 17.222 | - | 0) | / | 8.935 |
= | -1.44 |
Flora Growth's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as
Net Cash per Share (Q: Mar. 2024 ) | = | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (4.156 | - | 21.136 | - | 0) | / | 8.981 |
= | -1.89 |
* 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.
Flora Growth (NAS:FLGC) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Thank you for viewing the detailed overview of Flora Growth's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Solomon | director | C/O FLORA GROWTH CORP., 365 BAY STREET; SUITE 800, TORONTO Z4 M5H 2V1 |
Kevin Taylor | director | C/O COOL HOLDINGS, INC., 2001 NW 84TH AVENUE, MIAMI FL 33122 |
Hussein Rakine | director, officer: Chief Executive Officer | 5258 SW 183RD AVENUE, MIRAMAR FL 33029 |
Clifford Starke | director, officer: President | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Edward Woo | director | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
John Timothy Leslie | director | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Marc Mastronardi | director | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Jason Warnock | officer: CCO | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Annabella Manalo Morgan | director | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Jessie Casner | officer: CMO | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Dany Vaiman | officer: Sr. VP Finance | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Elshad Garayev | officer: CFO | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Beverley Richardson | director | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Roa Juan Carlos Gomez | director | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
Luis Merchan | director, officer: CEO & Chairman of the Board | C/O FLORA GROWTH CORP., 3405 SW 26TH TERRACE, SUITE C-1, FORT LAUDERDALE FL 33312 |
From GuruFocus
By Business Wire Business Wire • 02-21-2023
By Business Wire Business Wire • 01-26-2023
By Business Wire Business Wire • 10-25-2022
By Business Wire Business Wire • 01-30-2023
By Business Wire Business Wire • 01-05-2023
By Business Wire Business Wire • 11-21-2022
By Business Wire Business Wire • 06-16-2022
By Business Wire Business Wire • 01-06-2023
By Business Wire Business Wire • 05-16-2022
By Business Wire Business Wire • 03-21-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.