Greenlane Holdings (GNLN) Debt to Equity (2018 - 2023)

Greenlane Holdings (GNLN) posted Debt to Equity of $0.09 for FY2023, down 77.52% year-over-year from $0.4 in FY2022.

Greenlane Holdings (GNLN) Debt to Equity (2018 - 2023) Analysis & Trends

Greenlane Holdings (GNLN) has 6 years of Debt to Equity data on file, last reported at $0.09 in FY2023.

  • 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 fell to $0.09 in FY2023 per GNLN's latest filing, from $0.4 in the prior year.
  • The five-year high for Debt to Equity was $0.4 in FY2022, with the low at $0.05 in FY2021.
  • Average Debt to Equity over 5 years is $0.15, with a median of $0.09 recorded in 2023.
  • Year-over-year, Debt to Equity soared 649.13% in 2022 and tumbled 77.52% in 2023.
  • Greenlane Holdings' Debt to Equity stood at $0.07 in 2019, then surged by 61.41% to $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.
  • Business Quant data shows GNLN's Debt to Equity at $0.09 in FY2023, $0.4 in FY2022, and $0.05 in FY2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Yr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn -
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn -
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn -
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 -
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn -
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 -
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn -
10 22nd Century 128,296.63 -9.42 Mn -636,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.09
Dec 31, 2022 0.40
Dec 31, 2021 0.05
Dec 31, 2020 0.11
Dec 31, 2019 0.07
Dec 31, 2018 -0.74