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| Date | Value |
|---|---|
| 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 |