Glass House Brands Inc. balance sheet

At the end of fiscal 2025, Glass House Brands Inc. had total assets of $319m, total liabilities of $144m and shareholders' equity of $73.9m. It held $23.4m in cash against $69.0m of debt: net debt of $45.6m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Glass House Brands Inc.: balance sheet, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	5	54	14	33	37	23
Receivables	5	2	5	4	5	4
Inventory	7	7	11	9	14	26
Total current assets	18	69	39	49	66	68
Goodwill	5	5	38	0	0	—
Total assets	70	288	351	304	311	319
Accounts payable	3	4	6	6	9	14
Total current liabilities	20	55	54	87	66	38
Short-term debt	1	0	0	8	8	0
Long-term debt	15	45	63	57	51	69
Total debt	23	50	66	72	66	69
Total liabilities	43	106	129	159	146	144
Shareholders' equity	26	182	169	90	116	74
Non-controlling interests and other (assets − liabilities − equity)	—	—	52	55	48	101
Net debt (negative = net cash)	19	−4	52	39	29	46

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Glass House Brands Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Glass House Brands Inc.