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| 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 |