Greenlane Net Tangible Assets vs Net Invested Capital Analysis
GNLN Stock | USD 1.19 0.02 1.65% |
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 Net Tangible Assets and its Net Invested Capital 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.
Net Tangible Assets vs Net Invested Capital
Net Tangible Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Holdings Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Greenlane Holdings' Net Tangible Assets and Net Invested Capital is 0.46. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital 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' Net Tangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Greenlane Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Greenlane Holdings' Net Tangible Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 23 M.
2021 | 2022 | 2024 | 2025 (projected) | Total Operating Expenses | 80.4M | 81.4M | 24.2M | 23.0M | Cost Of Revenue | 138.4M | 112.1M | 67.2M | 117.5M |
Greenlane Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Greenlane Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenlane Holdings fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 153.5M | 122.7M | 285.8M | 146.1M | 38.1M | 36.2M | |
Other Current Liab | 9.3M | 19.7M | 11.9M | 8.5M | 2.4M | 2.3M | |
Total Current Liabilities | 26.3M | 41.9M | 71.0M | 35.7M | 26.1M | 35.8M | |
Total Stockholder Equity | 22.5M | 15.1M | 174.5M | 95.4M | 11.1M | 10.6M | |
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) | (257.3M) | (244.4M) | |
Accounts Payable | 11.3M | 18.4M | 23.0M | 15.0M | 12.1M | 16.5M | |
Cash | 47.8M | 30.4M | 12.9M | 6.5M | 463K | 439.9K | |
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 | 463K | 439.9K | |
Net Receivables | 8.1M | 6.3M | 14.7M | 6.5M | 1.7M | 1.6M | |
Inventory | 43.4M | 36.1M | 67.0M | 40.6M | 20.5M | 36.4M | |
Other Current Assets | 24.8M | 32.9M | 11.1M | 24.4M | 7.0M | 13.4M | |
Other Stockholder Equity | 39.7M | 229.7M | 266.5M | 263.9M | 268.1M | 281.5M | |
Total Liab | 38.9M | 53.4M | 89.5M | 50.7M | 27.1M | 52.3M | |
Short Long Term Debt | 182K | 11.6M | 3.2M | 7.3M | 8.4M | 8.8M | |
Total Current Assets | 115.3M | 96.1M | 124.7M | 76.7M | 29.8M | 28.3M | |
Short Term Debt | 1.4M | 1.3M | 14.9M | 4.8M | 8.2M | 4.4M | |
Intangible Assets | 6.3M | 5.9M | 84.7M | 49.3M | 56.7M | 59.5M | |
Common Stock | 109K | 142K | 854K | 152K | 36K | 34.2K | |
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 | 9.2M | 15.5M | |
Property Plant And Equipment Net | 17.9M | 15.3M | 30.0M | 14.5M | 4.4M | 4.2M | |
Current Deferred Revenue | 3.2M | 2.7M | 7.9M | 4.0M | 2.8M | 3.9M | |
Net Debt | (34.3M) | (18.5M) | 18.8M | 13.3M | 8.7M | 5.7M | |
Non Current Assets Total | 38.2M | 26.6M | 161.1M | 69.4M | 8.3M | 7.9M | |
Non Currrent Assets Other | 2.1M | 2.0M | 4.5M | 5.6M | 3.9M | 3.3M | |
Other Assets | 167K | 2.1M | 5.1M | 122K | 140.3K | 133.3K | |
Common Stock Shares Outstanding | 5.4K | 17.5K | 7.5M | 68.5K | 363.0K | 344.8K | |
Liabilities And Stockholders Equity | 153.5M | 122.7M | 285.8M | 146.1M | 38.1M | 36.2M | |
Non Current Liabilities Total | 12.7M | 11.5M | 18.5M | 15.0M | 1.0M | 960.5K | |
Capital Lease Obligations | 3.9M | 9.5M | 3.6M | 1.9M | 2.2M | 3.9M | |
Net Invested Capital | 23.1M | 196.8M | 111.6M | 18.4M | 21.2M | 20.1M | |
Property Plant And Equipment Gross | 12.2M | 30.0M | 14.5M | 11.0M | 12.6M | 15.4M | |
Accumulated Other Comprehensive Income | (72K) | 29K | 324K | 55K | 245K | 257.3K | |
Net Working Capital | 54.2M | 53.8M | 41.0M | 3.7M | 3.3M | 3.1M |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 | Quarterly Revenue Growth (0.66) | Return On Assets | Return On Equity |
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.