Greenlane Renewables Stock Current Asset

Understanding the fundamental principles of building solid financial models for Greenlane Renewables is extremely important. It helps to project a fair market value of Greenlane Stock properly, considering its historical fundamentals such as Current Asset. Since Greenlane Renewables' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Greenlane Renewables' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Greenlane Renewables' interrelated accounts and indicators.

Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.

In accordance with the recently published financial statements, Greenlane Renewables has a Current Asset of 0.0. This is 100.0% lower than that of the Machinery sector and 100.0% lower than that of the Industrials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

We derive many important indicators used in calculating different scores of Greenlane Renewables from analyzing Greenlane Renewables' financial statements. These drivers represent accounts that assess Greenlane Renewables' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Greenlane Renewables' important valuation drivers and their relationship over time.

The Macroaxis Fundamental Analysis modules help investors analyze Greenlane Renewables's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenlane Renewables using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenlane Renewables based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Greenlane Renewables financial ratios help investors to determine whether Greenlane Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenlane with respect to the benefits of owning Greenlane Renewables security.