Greenlane Historical Balance Sheet

GNLN Stock

USD 1.83 0.06 3.17%

Trend analysis of Greenlane Holdings balance sheet accounts such as Total Current Liabilities of 36.7 M or Total Stockholder Equity of 56.2 M provides information on Greenlane Holdings' total assets, liabilities, and equity, which is the actual value of Greenlane Holdings to its prevalent stockholders. By breaking down trends over time using Greenlane Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Greenlane Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Greenlane Holdings is a good buy for the upcoming year.

Greenlane Holdings Inventory

38.08 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.

About Greenlane Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Greenlane Holdings at a specified time, usually calculated after every quarter, six months, or one year. Greenlane Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Greenlane Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Greenlane currently owns. An asset can also be divided into two categories, current and non-current.

Greenlane Holdings Balance Sheet Chart

At this time, Greenlane Holdings' Intangible Assets are very stable compared to the past year. As of the 28th of November 2024, Property Plant Equipment is likely to grow to about 36.2 M, while Total Assets are likely to drop about 134.4 M.

Total Assets Other Current Liab Total Current Liabilities Accounts Payable Long Term Investments Non Current Liabilities Other

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Total Assets

Total assets refers to the total amount of Greenlane Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Greenlane Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Greenlane Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Greenlane Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Greenlane Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Greenlane Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Greenlane Holdings balance sheet that represents investments Greenlane Holdings intends to hold for over a year. Greenlane Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most accounts from Greenlane Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Greenlane Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.At this time, Greenlane Holdings' Intangible Assets are very stable compared to the past year. As of the 28th of November 2024, Property Plant Equipment is likely to grow to about 36.2 M, while Total Assets are likely to drop about 134.4 M.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	19.7M	11.9M	8.5M	9.6M
Total Assets	285.8M	146.1M	168.0M	134.4M

Other Current Liab Total Assets

Greenlane Holdings balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Long Term Debt Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.98	0.96	0.87	0.7	-0.61	0.81	0.51	0.34	0.51	0.95	0.66	0.28	0.99	0.88	0.77	0.84	-0.86	0.8	0.95	0.87	0.86	-0.54	0.88	0.69	0.99
Other Current Liab	0.98		0.97	0.81	0.64	-0.59	0.87	0.53	0.4	0.53	0.97	0.64	0.35	0.98	0.82	0.74	0.87	-0.88	0.73	0.95	0.82	0.82	-0.61	0.86	0.73	0.98
Total Current Liabilities	0.96	0.97		0.82	0.65	-0.58	0.92	0.41	0.43	0.41	0.96	0.62	0.38	0.96	0.91	0.74	0.9	-0.85	0.78	0.91	0.84	0.83	-0.61	0.84	0.75	0.96
Total Stockholder Equity	0.87	0.81	0.82		0.85	-0.69	0.6	0.1	0.09	0.1	0.75	0.62	-0.01	0.81	0.83	0.86	0.61	-0.58	0.92	0.68	0.96	0.95	-0.22	0.79	0.47	0.79
Net Tangible Assets	0.7	0.64	0.65	0.85		-0.91	0.48	0.01	-0.01	0.01	0.55	0.21	-0.09	0.67	0.71	0.97	0.44	-0.55	0.86	0.57	0.73	0.92	-0.12	0.86	0.32	0.64
Retained Earnings	-0.61	-0.59	-0.58	-0.69	-0.91		-0.51	-0.03	-0.24	-0.03	-0.49	0.08	-0.15	-0.63	-0.58	-0.95	-0.5	0.66	-0.67	-0.55	-0.51	-0.8	0.34	-0.88	-0.45	-0.58
Accounts Payable	0.81	0.87	0.92	0.6	0.48	-0.51		0.36	0.62	0.36	0.9	0.42	0.59	0.87	0.74	0.61	0.94	-0.84	0.59	0.82	0.61	0.67	-0.76	0.76	0.83	0.84
Cash	0.51	0.53	0.41	0.1	0.01	-0.03	0.36		0.12	1.0	0.49	0.27	0.14	0.55	0.35	0.07	0.36	-0.6	-0.01	0.72	0.12	0.06	-0.38	0.35	0.24	0.57
Long Term Debt	0.34	0.4	0.43	0.09	-0.01	-0.24	0.62	0.12		0.12	0.53	0.06	0.99	0.44	0.17	0.21	0.77	-0.64	0.16	0.4	0.12	0.23	-0.95	0.42	0.91	0.44
Cash And Short Term Investments	0.51	0.53	0.41	0.1	0.01	-0.03	0.36	1.0	0.12		0.49	0.27	0.14	0.55	0.35	0.07	0.36	-0.6	-0.01	0.72	0.12	0.06	-0.38	0.35	0.24	0.57
Net Receivables	0.95	0.97	0.96	0.75	0.55	-0.49	0.9	0.49	0.53	0.49		0.68	0.49	0.97	0.78	0.66	0.93	-0.87	0.73	0.92	0.8	0.78	-0.7	0.81	0.82	0.97
Good Will	0.66	0.64	0.62	0.62	0.21	0.08	0.42	0.27	0.06	0.27	0.68		0.05	0.57	0.53	0.21	0.49	-0.29	0.58	0.51	0.8	0.5	-0.15	0.26	0.36	0.62
Long Term Debt Total	0.28	0.35	0.38	-0.01	-0.09	-0.15	0.59	0.14	0.99	0.14	0.49	0.05		0.38	0.11	0.13	0.73	-0.6	0.1	0.36	0.05	0.15	-0.94	0.35	0.88	0.39
Inventory	0.99	0.98	0.96	0.81	0.67	-0.63	0.87	0.55	0.44	0.55	0.97	0.57	0.38		0.85	0.76	0.88	-0.92	0.75	0.97	0.79	0.82	-0.64	0.9	0.75	0.99
Other Current Assets	0.88	0.82	0.91	0.83	0.71	-0.58	0.74	0.35	0.17	0.35	0.78	0.53	0.11	0.85		0.73	0.71	-0.72	0.79	0.81	0.82	0.8	-0.36	0.78	0.51	0.85
Other Stockholder Equity	0.77	0.74	0.74	0.86	0.97	-0.95	0.61	0.07	0.21	0.07	0.66	0.21	0.13	0.76	0.73		0.6	-0.69	0.86	0.66	0.74	0.94	-0.33	0.94	0.51	0.73
Total Liab	0.84	0.87	0.9	0.61	0.44	-0.5	0.94	0.36	0.77	0.36	0.93	0.49	0.73	0.88	0.71	0.6		-0.9	0.62	0.83	0.65	0.68	-0.88	0.78	0.95	0.88
Long Term Investments	-0.86	-0.88	-0.85	-0.58	-0.55	0.66	-0.84	-0.6	-0.64	-0.6	-0.87	-0.29	-0.6	-0.92	-0.72	-0.69	-0.9		-0.55	-0.93	-0.54	-0.66	0.83	-0.89	-0.83	-0.91
Short Long Term Debt	0.8	0.73	0.78	0.92	0.86	-0.67	0.59	-0.01	0.16	-0.01	0.73	0.58	0.1	0.75	0.79	0.86	0.62	-0.55		0.61	0.92	0.97	-0.24	0.79	0.51	0.75
Total Current Assets	0.95	0.95	0.91	0.68	0.57	-0.55	0.82	0.72	0.4	0.72	0.92	0.51	0.36	0.97	0.81	0.66	0.83	-0.93	0.61		0.67	0.7	-0.64	0.85	0.68	0.97
Short Term Debt	0.87	0.82	0.84	0.96	0.73	-0.51	0.61	0.12	0.12	0.12	0.8	0.8	0.05	0.79	0.82	0.74	0.65	-0.54	0.92	0.67		0.91	-0.24	0.7	0.5	0.8
Intangible Assets	0.86	0.82	0.83	0.95	0.92	-0.8	0.67	0.06	0.23	0.06	0.78	0.5	0.15	0.82	0.8	0.94	0.68	-0.66	0.97	0.7	0.91		-0.34	0.89	0.57	0.81
Common Stock	-0.54	-0.61	-0.61	-0.22	-0.12	0.34	-0.76	-0.38	-0.95	-0.38	-0.7	-0.15	-0.94	-0.64	-0.36	-0.33	-0.88	0.83	-0.24	-0.64	-0.24	-0.34		-0.58	-0.94	-0.64
Property Plant Equipment	0.88	0.86	0.84	0.79	0.86	-0.88	0.76	0.35	0.42	0.35	0.81	0.26	0.35	0.9	0.78	0.94	0.78	-0.89	0.79	0.85	0.7	0.89	-0.58		0.69	0.88
Short Long Term Debt Total	0.69	0.73	0.75	0.47	0.32	-0.45	0.83	0.24	0.91	0.24	0.82	0.36	0.88	0.75	0.51	0.51	0.95	-0.83	0.51	0.68	0.5	0.57	-0.94	0.69		0.75
Property Plant And Equipment Net	0.99	0.98	0.96	0.79	0.64	-0.58	0.84	0.57	0.44	0.57	0.97	0.62	0.39	0.99	0.85	0.73	0.88	-0.91	0.75	0.97	0.8	0.81	-0.64	0.88	0.75

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Greenlane Holdings Account Relationship Matchups

Greenlane Holdings balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	153.5M	122.7M	285.8M	146.1M	168.0M	134.4M
Other Current Liab	10.4M	9.3M	19.7M	11.9M	8.5M	9.6M
Total Current Liabilities	26.3M	41.9M	71.0M	35.7M	41.0M	36.7M
Total Stockholder Equity	22.5M	15.1M	174.5M	95.4M	109.7M	56.2M
Net Tangible Assets	(20.2M)	4.1M	5.8M	48.0M	55.2M	57.9M
Retained Earnings	(9.6M)	(24.8M)	(55.5M)	(171.4M)	(154.2M)	(146.5M)
Accounts Payable	11.3M	18.4M	23.0M	15.0M	17.2M	16.9M
Cash	47.8M	30.4M	12.9M	6.5M	7.4M	7.1M
Long Term Debt	8.0M	7.8M	10.6M	13.0M	15.0M	14.2M
Cash And Short Term Investments	47.8M	30.4M	12.9M	6.5M	7.4M	7.1M
Net Receivables	8.1M	6.3M	14.7M	6.5M	7.4M	7.6M
Good Will	3.2M	5.4M	12.0M	3.3M	41.9M	0.0
Inventory	43.4M	36.1M	67.0M	40.6M	46.7M	38.1M
Other Current Assets	4.9M	24.8M	32.9M	11.1M	24.4M	14.1M
Other Stockholder Equity	32.0M	39.7M	229.7M	266.5M	263.9M	277.1M
Total Liab	38.9M	53.4M	89.5M	50.7M	58.3M	55.1M
Short Long Term Debt	178K	182K	11.6M	3.2M	7.3M	7.6M
Total Current Assets	115.3M	96.1M	124.7M	76.7M	88.2M	79.7M
Short Term Debt	1.4M	1.3M	14.9M	4.8M	5.6M	3.9M
Intangible Assets	6.3M	5.9M	84.7M	49.3M	56.7M	59.5M
Common Stock	109K	142K	854K	152K	136.8K	130.0K
Property Plant Equipment	11.6M	17.9M	15.3M	30.0M	34.5M	36.2M
Short Long Term Debt Total	13.4M	11.9M	31.7M	19.8M	22.8M	23.0M
Property Plant And Equipment Net	17.9M	15.3M	30.0M	14.5M	16.7M	16.4M
Current Deferred Revenue	3.2M	2.7M	7.9M	4.0M	4.6M	4.0M
Net Debt	(34.3M)	(18.5M)	18.8M	13.3M	15.3M	16.1M
Non Current Assets Total	38.2M	26.6M	161.1M	69.4M	79.8M	61.6M
Non Currrent Assets Other	2.1M	2.0M	4.5M	5.6M	6.4M	6.7M
Other Assets	167K	2.1M	5.1M	122K	140.3K	133.3K
Common Stock Shares Outstanding	50.7K	5.4K	17.5K	7.5M	68.5K	65.0K
Liabilities And Stockholders Equity	153.5M	122.7M	285.8M	146.1M	168.0M	151.1M
Non Current Liabilities Total	12.7M	11.5M	18.5M	15.0M	13.5M	15.1M
Capital Lease Obligations	5.2M	3.9M	9.5M	3.6M	1.9M	1.8M
Net Invested Capital	30.6M	23.1M	196.8M	111.6M	18.4M	17.5M
Property Plant And Equipment Gross	17.9M	12.2M	30.0M	14.5M	11.0M	15.4M
Accumulated Other Comprehensive Income	(72K)	29K	324K	55K	63.3K	66.4K
Net Working Capital	88.7M	54.2M	53.8M	41.0M	3.7M	3.5M

Pair Trading with Greenlane Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greenlane Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greenlane Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Greenlane Stock

0.91	LB	LandBridge Company	Pair Corr
0.9	VSCO	Victorias Secret	Pair Corr
0.88	WRBY	Warby Parker Downward Rally	Pair Corr
0.69	WEYS	Weyco Group	Pair Corr
0.68	ABG	Asbury Automotive	Pair Corr

The ability to find closely correlated positions to Greenlane Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greenlane Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greenlane Holdings to buy it.

The correlation of Greenlane Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greenlane Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Greenlane Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Greenlane Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenlane Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenlane Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenlane Holdings Stock:

How To Invest In Greenlane

Details

Is Greenlane Stock a good investment?

Details

What is Greenlane Holdings' Net Worth?

Details

Largest Distributors Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(117.59)

Revenue Per Share

61.566

Quarterly Revenue Growth

(0.86)

Return On Assets

(0.23)

Return On Equity

(1.42)

The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Greenlane Historical Balance Sheet

Greenlane Holdings Inventory

38.08 Million

About Greenlane Balance Sheet Analysis

Greenlane Holdings Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Long Term Investments

Greenlane Holdings balance sheet Correlations

Greenlane Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Greenlane Holdings balance sheet Accounts

Pair Trading with Greenlane Holdings

Moving against Greenlane Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Long Term Debt Total	+ 0.99	Long Term Debt
Property Plant And Equipment Net	+ 0.99	Inventory
Other Current Liab	+ 0.98	Total Assets

Common Stock	- 0.95	Long Term Debt
Other Stockholder Equity	- 0.95	Retained Earnings
Short Long Term Debt Total	- 0.94	Common Stock
Common Stock	- 0.94	Long Term Debt Total
Total Current Assets	- 0.93	Long Term Investments
Long Term Investments	- 0.92	Inventory