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

Greenlane Holdings (GNLN) posted Debt Ratio of 0.03 for Q1 2024, up 8.64% sequentially from 0.03 in Q4 2023, and down 61.3% YoY from 0.07 in Q2 2023.

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

Greenlane Holdings (GNLN) has 7 years of Debt Ratio data on file, last reported at 0.03 in Q1 2024.

  • Quarterly Debt Ratio fell 61.3% year-over-year to 0.03 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.03 (down 61.3% YoY) and the FY2023 annual result came in at 0.03, down 85.08% from the prior year.
  • Debt Ratio improved to 0.03 in Q1 2024 per GNLN's latest filing, from 0.03 in the prior quarter.
  • The five-year high for Debt Ratio was 0.18 in Q4 2022, with the low at 0.0 in Q2 2022.
  • Average Debt Ratio over 5 years is 0.06, with a median of 0.06 recorded in 2020.
  • Year-over-year, Debt Ratio plunged 94.51% in 2022 and soared 773.51% in 2023.
  • Greenlane Holdings' Debt Ratio stood at 0.06 in 2020, then tumbled by 41.97% to 0.04 in 2021, then jumped by 374.07% to 0.18 in 2022, then tumbled by 85.08% to 0.03 in 2023, then advanced by 8.64% to 0.03 in 2024.
  • Business Quant data shows GNLN's Debt Ratio at 0.03 in Q1 2024, 0.03 in Q4 2023, and 0.04 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn 0.71
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 0.01
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 0.38
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 0.22
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn 0.01
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 0.07
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 0.04
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 0.06
10 22nd Century 128,296.63 -9.42 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