Flora Growth Balance Sheet Health
Financial Health criteria checks 5/6
Flora Growth has a total shareholder equity of $5.2M and total debt of $2.2M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are $29.3M and $24.1M respectively.
Key information
43.1%
Debt to equity ratio
US$2.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.21m |
| Equity | US$5.19m |
| Total liabilities | US$24.10m |
| Total assets | US$29.28m |
Recent financial health updates
Recent updates
Flora Growth Corp. (NASDAQ:FLGC) Might Not Be As Mispriced As It Looks After Plunging 25%
Jan 30
Flora Growth Corp.'s (NASDAQ:FLGC) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 01Health Check: How Prudently Does Flora Growth (NASDAQ:FLGC) Use Debt?
Nov 20The Market Lifts Flora Growth Corp. (NASDAQ:FLGC) Shares 26% But It Can Do More
Sep 18Newsflash: Flora Growth Corp. (NASDAQ:FLGC) Analysts Have Been Trimming Their Revenue Forecasts
Aug 16Slammed 27% Flora Growth Corp. (NASDAQ:FLGC) Screens Well Here But There Might Be A Catch
May 22Flora Growth Corp.'s (NASDAQ:FLGC) Shares Leap 143% Yet They're Still Not Telling The Full Story
Apr 04Investors Don't See Light At End Of Flora Growth Corp.'s (NASDAQ:FLGC) Tunnel And Push Stock Down 51%
Feb 17The Market Lifts Flora Growth Corp. (NASDAQ:FLGC) Shares 41% But It Can Do More
Dec 22Investors Give Flora Growth Corp. (NASDAQ:FLGC) Shares A 28% Hiding
Apr 17News Flash: Analysts Just Made A Meaningful Upgrade To Their Flora Growth Corp. (NASDAQ:FLGC) Forecasts
Dec 08Flora Growth gains on deal to acquire No Cap Hemp assets
Sep 07Financial Position Analysis
Short Term Liabilities: FLGC's short term assets ($21.3M) exceed its short term liabilities ($20.9M).
Long Term Liabilities: FLGC's short term assets ($21.3M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: FLGC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FLGC's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FLGC has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FLGC is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 04:56 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Flora Growth Corp. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rommel Dionisio | Aegis Capital Corporation |
| Aaron Grey | Alliance Global Partners |
| Pablo Zuanic | Cantor Fitzgerald & Co. |