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| 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 |