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| 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 |