Flora Growth Financials

FLGC Stock  USD 1.74  0.17  10.83%   
Based on the key indicators obtained from Flora Growth's historical financial statements, Flora Growth Corp is not in a good financial situation at this time. It has a very high odds of going through financial crisis in January. 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. Key indicators impacting Flora Growth's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.251.3123
Sufficiently Down
Slightly volatile
The financial analysis of Flora Growth is a critical element in measuring its lifeblood. Investors should not minimize Flora Growth's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(54.18 Million)

  
Understanding current and past Flora Growth Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Flora Growth's financial statements are interrelated, with each one affecting the others. For example, an increase in Flora Growth's assets may result in an increase in income on the income statement.
Please note, the presentation of Flora Growth's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Flora Growth's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Flora Growth's management manipulating its earnings.

Flora Growth Stock Summary

Flora Growth competes with Clever Leaves, Painreform, INC Research, Petros Pharmaceuticals, and Sunshine Biopharma. Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada. FLORA GROWTH operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 277 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA3397641026
CUSIP339764102 339764201
LocationFlorida; U.S.A
Business Address3406 SW 26th
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.floragrowth.com
Phone954 842 4989
CurrencyUSD - US Dollar

Flora Growth Key Financial Ratios

Flora Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Flora Growth's current stock value. Our valuation model uses many indicators to compare Flora Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Flora Growth competition to find correlations between indicators driving Flora Growth's intrinsic value. More Info.
Flora Growth Corp is rated below average in return on equity category among its peers. It is rated # 5 in return on asset category among its peers . At present, Flora Growth's Return On Equity is projected to drop based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Flora Growth's earnings, one of the primary drivers of an investment's value.

Flora Growth Corp Systematic Risk

Flora Growth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Flora Growth volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Flora Growth Corp correlated with the market. If Beta is less than 0 Flora Growth generally moves in the opposite direction as compared to the market. If Flora Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Flora Growth Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Flora Growth is generally in the same direction as the market. If Beta > 1 Flora Growth moves generally in the same direction as, but more than the movement of the benchmark.

Flora Growth Thematic Clasifications

Flora Growth Corp is part of several thematic ideas from Drugs to Health Management. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Flora Growth Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Flora Growth's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Flora Growth growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.003922

At present, Flora Growth's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Flora Growth December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Flora Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Flora Growth Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Flora Growth Corp based on widely used predictive technical indicators. In general, we focus on analyzing Flora Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Flora Growth's daily price indicators and compare them against related drivers.

Complementary Tools for Flora Stock analysis

When running Flora Growth's price analysis, check to measure Flora Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
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