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

Greenlane Holdings (GNLN) reported Debt Ratio of 0.11 for Q4 2024, up 312.45% on a YoY basis from 0.03 in Q1 2024, and up 18.12% sequentially from 0.09 in Q3 2024.

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

Greenlane Holdings (GNLN) has 7 years of Debt Ratio data on file, last reported at 0.11 in Q4 2024.

  • For the quarter ending Q4 2024, Debt Ratio rose 312.45% year-over-year to 0.11; the trailing twelve-month figure through Dec 2024 stood at 0.11 (up 312.45% YoY), and the FY2024 full-year result was 0.11, up 312.45% from the prior year.
  • Debt Ratio improved to 0.11 in Q4 2024, from 0.09 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.
  • A 5-year average of 0.07 and a median of 0.06 in 2020 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio plunged 94.51% in 2022 and surged 773.51% in 2023, its largest moves.
  • Tracing GNLN's Debt Ratio over 5 years: stood at 0.06 in 2020, then tumbled by 41.97% to 0.04 in 2021, then soared by 374.07% to 0.18 in 2022, then tumbled by 85.08% to 0.03 in 2023, then soared by 312.45% to 0.11 in 2024.
  • Business Quant data shows GNLN's Debt Ratio at 0.11 in Q4 2024, 0.09 in Q3 2024, and 0.03 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 0.72
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - 0.29
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 0.73
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 0.01
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 0.38
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn 0.33
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 0.01
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 2.78
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 0.04
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.11
Sep 30, 2024 0.09
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