Greenlane Deferred Long Term Liab vs Capital Surpluse Analysis

GNLN Stock

USD 1.83 0.06 3.17%

Greenlane Holdings financial indicator trend analysis is much more than just examining Greenlane Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenlane Holdings is a good investment. Please check the relationship between Greenlane Holdings Deferred Long Term Liab and its Capital Surpluse accounts. 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.

Deferred Long Term Liab vs Capital Surpluse

Deferred Long Term Liab vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Holdings Deferred Long Term Liab account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Greenlane Holdings' Deferred Long Term Liab and Capital Surpluse is -0.37. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Greenlane Holdings, assuming nothing else is changed. The correlation between historical values of Greenlane Holdings' Deferred Long Term Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Greenlane Holdings are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Deferred Long Term Liab i.e., Greenlane Holdings' Deferred Long Term Liab and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Capital Surpluse

Most indicators from Greenlane Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.Tax Provision is expected to grow at the current pace this year, while Selling General Administrative is likely to drop about 55.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	27.7M	25.0M	28.7M	27.9M
Total Revenue	166.1M	137.1M	157.6M	150.9M

Gross Profit Total Revenue

Greenlane Holdings fundamental ratios 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

Click cells to compare fundamentals

Greenlane Holdings Account Relationship Matchups

Greenlane Holdings fundamental ratios 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

View

Largest Consumer Discretionary Distribution & Retail Companies

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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.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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.

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Greenlane Deferred Long Term Liab vs Capital Surpluse Analysis

Deferred Long Term Liab vs Capital Surpluse

Deferred Long Term Liab vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Deferred Long Term Liab

Capital Surpluse

Greenlane Holdings fundamental ratios Correlations

Greenlane Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Greenlane Holdings fundamental ratios 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