Greenlane Holdings (GNLN) Debt to Equity (2018 - 2024)

Greenlane Holdings' (GNLN) quarterly Debt to Equity came in at $0.15 in Q1 2024, down 16.02% year-on-year from $0.18 in Q2 2023, and up 66.82% quarter-over-quarter from $0.09 in Q4 2023.

Greenlane Holdings (GNLN) Debt to Equity (2018 - 2024) Analysis & Trends

Greenlane Holdings has disclosed Debt to Equity across 7 years of filings, most recently posting $0.15 for Q1 2024.

  • Debt to Equity for Q1 2024 came in at $0.15, down 16.02% year-over-year; the trailing twelve-month figure through Mar 2024 was $0.15 (down 16.02% YoY), and the FY2023 annual result was $0.09, down 77.52% from the prior year.
  • Debt to Equity came in at $0.15 for Q1 2024 at Greenlane Holdings, up from $0.09 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.4 in Q4 2022 to a low of $0.01 in Q2 2022.
  • The 5-year median for Debt to Equity is $0.11 (2020), against an average of $0.13.
  • Across the five-year window, Debt to Equity slumped 95.42% in 2022 and jumped 1597.37% in 2023, its largest moves.
  • Greenlane Holdings' Debt to Equity stood at $0.11 in 2020, then tumbled by 52.31% to $0.05 in 2021, then soared by 649.13% to $0.4 in 2022, then plunged by 77.52% to $0.09 in 2023, then surged by 66.82% to $0.15 in 2024.
  • The last three Debt to Equity figures came in at $0.15 (Q1 2024), $0.09 (Q4 2023), and $0.12 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -6.78
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn -7.78
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 0.01
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.76
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 0.42
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 -0.07
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.24
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
DateValue
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