Greenlane Holdings (GNLN) Debt Ratio (2018 - 2024)

Greenlane Holdings' (GNLN) quarterly Debt Ratio came in at 0.03 in Q1 2024, down 61.3% year-on-year from 0.07 in Q2 2023, and up 8.64% quarter-over-quarter from 0.03 in Q4 2023.

Greenlane Holdings (GNLN) Debt Ratio (2018 - 2024) Analysis & Trends

Greenlane Holdings has disclosed Debt Ratio across 7 years of filings, most recently posting 0.03 for Q1 2024.

  • Debt Ratio for Q1 2024 came in at 0.03, down 61.3% year-over-year; the trailing twelve-month figure through Mar 2024 was 0.03 (down 61.3% YoY), and the FY2023 annual result was 0.03, down 85.08% from the prior year.
  • Debt Ratio came in at 0.03 for Q1 2024 at Greenlane Holdings, up from 0.03 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.18 in Q4 2022 to a low of 0.0 in Q2 2022.
  • The 5-year median for Debt Ratio is 0.06 (2020), against an average of 0.06.
  • Across the five-year window, Debt Ratio slumped 94.51% in 2022 and surged 773.51% in 2023, its largest moves.
  • Greenlane Holdings' Debt Ratio stood at 0.06 in 2020, then slumped by 41.97% to 0.04 in 2021, then jumped by 374.07% to 0.18 in 2022, then slumped by 85.08% to 0.03 in 2023, then increased by 8.64% to 0.03 in 2024.
  • The last three Debt Ratio figures came in at 0.03 (Q1 2024), 0.03 (Q4 2023), and 0.04 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 0.72
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 0.71
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 0.00
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.38
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 0.22
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 0.01
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 0.01
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.07
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2024 0.03
Dec 31, 2023 0.03
Jun 30, 2023 0.04
Mar 31, 2023 0.07
Dec 31, 2022 0.18
Sep 30, 2022 0.13
Jun 30, 2022 0.00
Mar 31, 2022 0.03
Dec 31, 2021 0.04
Sep 30, 2021 0.03
Jun 30, 2021 0.09
Mar 31, 2021 0.09
Dec 31, 2020 0.06
Sep 30, 2020 0.06
Jun 30, 2020 0.06
Mar 31, 2020 0.06
Dec 31, 2019 0.05
Sep 30, 2019 0.05
Jun 30, 2019 0.04
Mar 31, 2019 0.09