Greenlane Holdings (GNLN) Debt Ratio (2018 - 2024)
Greenlane Holdings (GNLN) posted Debt Ratio of 0.11 for Q4 2024, up 18.12% sequentially from 0.09 in Q3 2024, and up 312.45% YoY from 0.03 in Q1 2024.
Greenlane Holdings (GNLN) Debt Ratio (2018 - 2024) Analysis & Trends
Greenlane Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.11 in Q4 2024.
- Quarterly Debt Ratio rose 312.45% year-over-year to 0.11 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.11 (up 312.45% YoY) and the FY2024 annual result came in at 0.11, up 312.45% from the prior year.
- Debt Ratio improved to 0.11 in Q4 2024 per GNLN's latest filing, from 0.09 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.18 in Q4 2022 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio slumped 94.51% in 2022, then jumped 773.51% in 2023.
- Over 5 years, Debt Ratio stood at 0.06 in 2020, then slumped by 41.97% to 0.04 in 2021, then soared by 374.07% to 0.18 in 2022, then slumped by 85.08% to 0.03 in 2023, then soared by 312.45% to 0.11 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.11, 0.09, and 0.03 for Q4 2024, Q3 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.59 Bn | 287.59 Bn | 7.66 Bn | 0.67 |
| 2 | British American Tobacco p.l.c | 121.78 Bn | 118.09 Bn | - | 0.32 |
| 3 | Altria | 110.56 Bn | 108.20 Bn | 3.82 Bn | 0.79 |
| 4 | RLX Technology | 2.21 Bn | 1.47 Bn | 52.74 Mn | 0.01 |
| 5 | Turning Point Brands | 1.69 Bn | 1.42 Bn | 93.70 Mn | 0.34 |
| 6 | Universal | 1.12 Bn | 846.42 Mn | 83.09 Mn | 0.39 |
| 7 | Ispire Technology | 85.42 Mn | 66.19 Mn | 1.99 Mn | 0.01 |
| 8 | Rythm | 50.41 Mn | 8.50 Mn | 18.54 Mn | 2.78 |
| 9 | Greenlane Holdings | 13.11 Mn | -11.39 Mn | 32,000.00 | - |
| 10 | VPR Brands | 8.26 Mn | 5.92 Mn | 161,075.00 | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |