Flora Growth Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Flora Growth Corp.'s balance sheet done over the years? Its assets were worth $23,626,000 last year, which is less than in the previous period. 73% of Flora Growth Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $17,222,000, which means an decrease by -30% compared compared to last year.
Debt to Assets
| 2019 | 1172875 | 2.47M | 211.29% |
|---|---|---|---|
| 2020 | 19452000 | 3.20M | 16.46% |
| 2021 | 85479000 | 8.53M | 9.99% |
| 2022 | 80987000 | 24.57M | 30.34% |
| 2023 | 23626000 | 17.22M | 72.89% |
FLGC Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 4.35M | 9.53M | 37.61M | 15.52M | 139.89K |
Short term investments | 0 | -729.27K | 0 | 0 | 0 |
Net receivables | 7.10M | 10.55M | 5.59M | 1.22M | 111.48K |
Inventory | 8.50M | 10.08M | 3.03M | 540K | 0 |
Other current assets | 1.40M | 978K | 37K | 347K | 210.19K |
Total current assets | 21.36M | 31.15M | 47.94M | 17.63M | 461.57K |
Non-current assets: | |||||
Property, Plant and Equipment | 1.23M | 7.34M | 4.97M | 729K | 144.34K |
Goodwill | 0 | 23.37M | 20.05M | 431K | 0 |
Intangible assets | 946K | 18.09M | 9.73M | 658K | 566.95K |
Long term investments | 0 | 730K | 2.67M | 0 | 0 |
Other non-current assets | 80K | 287K | 97K | -1.81M | 0 |
Total non-current assets | 2.26M | 49.83M | 37.53M | 1.81M | 711.29K |
Total assets | 23.62M | 80.98M | 85.47M | 19.45M | 1.17M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | -328K |
Short term debt | 3.52M | 2.27M | 430K | 329K | 1.08M |
Total current liabilities | 16.28M | 17.44M | 6.11M | 2.74M | 2.23M |
| Non-current liabilities: | |||||
Long term debt | 942K | 1.86M | 908K | 320K | 245.80K |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 3.54M | 1.51M | -69K | 0 |
Total non-current liabilities | 942K | 7.12M | 2.41M | 459K | 245.80K |
Total liabilities | 17.22M | 24.57M | 8.53M | 3.20M | 2.47M |
| Data source | Data source | Data source |