Greenlane Holdings (GNLN) Debt to Equity (2018 - 2024)
Greenlane Holdings (GNLN) posted Debt to Equity of $0.15 for Q1 2024, up 66.82% sequentially from $0.09 in Q4 2023, and down 16.02% YoY from $0.18 in Q2 2023.
Greenlane Holdings (GNLN) Debt to Equity (2018 - 2024) Analysis & Trends
Greenlane Holdings (GNLN) has 7 years of Debt to Equity data on file, last reported at $0.15 in Q1 2024.
- Quarterly Debt to Equity fell 16.02% year-over-year to $0.15 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $0.15 (down 16.02% YoY) and the FY2023 annual result came in at $0.09, down 77.52% from the prior year.
- Debt to Equity rose to $0.15 in Q1 2024 per GNLN's latest filing, from $0.09 in the prior quarter.
- The five-year high for Debt to Equity was $0.4 in Q4 2022, with the low at $0.01 in Q2 2022.
- Average Debt to Equity over 5 years is $0.13, with a median of $0.11 recorded in 2020.
- Year-over-year, Debt to Equity plunged 95.42% in 2022 and surged 1597.37% in 2023.
- Greenlane Holdings' Debt to Equity stood at $0.11 in 2020, then plunged by 52.31% to $0.05 in 2021, then soared by 649.13% to $0.4 in 2022, then sank by 77.52% to $0.09 in 2023, then surged by 66.82% to $0.15 in 2024.
- Business Quant data shows GNLN's Debt to Equity at $0.15 in Q1 2024, $0.09 in Q4 2023, and $0.12 in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | -7.78 |
| 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 | 0.76 |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 0.42 |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -0.07 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 0.24 |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 0.10 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 0.10 |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.09 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.04 |
| Jun 30, 2021 | 0.15 |
| Mar 31, 2021 | 0.15 |
| Dec 31, 2020 | 0.11 |
| Sep 30, 2020 | 0.10 |
| Jun 30, 2020 | 0.08 |
| Mar 31, 2020 | 0.08 |
| Dec 31, 2019 | 0.07 |
| Sep 30, 2019 | 0.07 |
| Jun 30, 2019 | 0.06 |
| Mar 31, 2019 | -0.29 |