Greenlane Property Plant Equipment vs Accounts Payable 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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Holdings Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greenlane Holdings' Property Plant Equipment and Accounts Payable is 0.7. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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' Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Greenlane Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Greenlane Holdings' Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

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.
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 Expenses80.4M81.4M24.2M23.0M
Cost Of Revenue138.4M112.1M67.2M117.5M

Greenlane Holdings fundamental ratios Correlations

0.990.890.870.44-0.20.730.550.270.550.950.740.210.940.830.510.78-0.710.540.950.730.64-0.470.620.650.99
0.990.910.820.41-0.210.80.550.340.550.960.70.290.940.790.50.83-0.740.490.950.690.62-0.540.630.70.98
0.890.910.760.59-0.440.920.380.420.380.870.630.370.960.890.670.9-0.830.710.850.80.79-0.610.780.730.9
0.870.820.760.62-0.30.530.140.030.140.750.69-0.070.760.790.630.56-0.460.680.670.830.76-0.160.570.420.79
0.440.410.590.62-0.90.42-0.120.02-0.120.230.15-0.080.570.620.970.34-0.580.890.330.780.93-0.160.870.190.38
-0.2-0.21-0.44-0.3-0.9-0.390.16-0.260.16-0.040.18-0.16-0.43-0.41-0.93-0.320.65-0.76-0.18-0.55-0.790.35-0.88-0.25-0.2
0.730.80.920.530.42-0.390.330.620.330.80.440.590.860.720.540.93-0.810.530.750.580.62-0.760.70.810.77
0.550.550.380.14-0.120.160.330.081.00.540.310.110.530.32-0.060.35-0.48-0.130.760.03-0.05-0.320.20.240.61
0.270.340.420.030.02-0.260.620.080.080.440.050.980.420.150.230.75-0.640.190.340.160.24-0.950.420.90.38
0.550.550.380.14-0.120.160.331.00.080.540.310.110.530.32-0.060.35-0.48-0.130.760.03-0.05-0.320.20.240.61
0.950.960.870.750.23-0.040.80.540.440.540.770.410.890.710.340.86-0.670.410.910.620.51-0.590.490.770.96
0.740.70.630.690.150.180.440.310.050.310.770.040.60.530.140.51-0.240.440.590.690.44-0.130.20.40.71
0.210.290.37-0.07-0.08-0.160.590.110.980.110.410.040.370.090.120.73-0.580.110.30.060.15-0.930.340.870.33
0.940.940.960.760.57-0.430.860.530.420.530.890.60.370.830.660.88-0.870.650.930.730.75-0.630.80.730.95
0.830.790.890.790.62-0.410.720.320.150.320.710.530.090.830.650.69-0.680.70.760.740.73-0.350.690.480.81
0.510.50.670.630.97-0.930.54-0.060.23-0.060.340.140.120.660.650.5-0.720.890.420.770.94-0.360.940.380.48
0.780.830.90.560.34-0.320.930.350.750.350.860.510.730.880.690.5-0.840.520.780.580.6-0.860.680.950.84
-0.71-0.74-0.83-0.46-0.580.65-0.81-0.48-0.64-0.48-0.67-0.24-0.58-0.87-0.68-0.72-0.84-0.59-0.79-0.58-0.690.83-0.9-0.76-0.78
0.540.490.710.680.89-0.760.53-0.130.19-0.130.410.440.110.650.70.890.52-0.590.380.910.96-0.280.830.390.5
0.950.950.850.670.33-0.180.750.760.340.760.910.590.30.930.760.420.78-0.790.380.560.5-0.580.610.650.97
0.730.690.80.830.78-0.550.580.030.160.030.620.690.060.730.740.770.58-0.580.910.560.93-0.270.750.440.69
0.640.620.790.760.93-0.790.62-0.050.24-0.050.510.440.150.750.730.940.6-0.690.960.50.93-0.360.90.470.61
-0.47-0.54-0.61-0.16-0.160.35-0.76-0.32-0.95-0.32-0.59-0.13-0.93-0.63-0.35-0.36-0.860.83-0.28-0.58-0.27-0.36-0.59-0.93-0.58
0.620.630.780.570.87-0.880.70.20.420.20.490.20.340.80.690.940.68-0.90.830.610.750.9-0.590.570.64
0.650.70.730.420.19-0.250.810.240.90.240.770.40.870.730.480.380.95-0.760.390.650.440.47-0.930.570.72
0.990.980.90.790.38-0.20.770.610.380.610.960.710.330.950.810.480.84-0.780.50.970.690.61-0.580.640.72
Click cells to compare fundamentals

Greenlane Holdings Account Relationship Matchups

Greenlane Holdings fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets153.5M122.7M285.8M146.1M38.1M36.2M
Other Current Liab9.3M19.7M11.9M8.5M2.4M2.3M
Total Current Liabilities26.3M41.9M71.0M35.7M26.1M35.8M
Total Stockholder Equity22.5M15.1M174.5M95.4M11.1M10.6M
Net Tangible Assets(20.2M)4.1M5.8M48.0M55.2M57.9M
Retained Earnings(9.6M)(24.8M)(55.5M)(171.4M)(257.3M)(244.4M)
Accounts Payable11.3M18.4M23.0M15.0M12.1M16.5M
Cash47.8M30.4M12.9M6.5M463K439.9K
Long Term Debt8.0M7.8M10.6M13.0M15.0M14.2M
Cash And Short Term Investments47.8M30.4M12.9M6.5M463K439.9K
Net Receivables8.1M6.3M14.7M6.5M1.7M1.6M
Inventory43.4M36.1M67.0M40.6M20.5M36.4M
Other Current Assets24.8M32.9M11.1M24.4M7.0M13.4M
Other Stockholder Equity39.7M229.7M266.5M263.9M268.1M281.5M
Total Liab38.9M53.4M89.5M50.7M27.1M52.3M
Short Long Term Debt182K11.6M3.2M7.3M8.4M8.8M
Total Current Assets115.3M96.1M124.7M76.7M29.8M28.3M
Short Term Debt1.4M1.3M14.9M4.8M8.2M4.4M
Intangible Assets6.3M5.9M84.7M49.3M56.7M59.5M
Common Stock109K142K854K152K36K34.2K
Property Plant Equipment11.6M17.9M15.3M30.0M34.5M36.2M
Short Long Term Debt Total13.4M11.9M31.7M19.8M9.2M15.5M
Property Plant And Equipment Net17.9M15.3M30.0M14.5M4.4M4.2M
Current Deferred Revenue3.2M2.7M7.9M4.0M2.8M3.9M
Net Debt(34.3M)(18.5M)18.8M13.3M8.7M5.7M
Non Current Assets Total38.2M26.6M161.1M69.4M8.3M7.9M
Non Currrent Assets Other2.1M2.0M4.5M5.6M3.9M3.3M
Other Assets167K2.1M5.1M122K140.3K133.3K
Common Stock Shares Outstanding5.4K17.5K7.5M68.5K363.0K344.8K
Liabilities And Stockholders Equity153.5M122.7M285.8M146.1M38.1M36.2M
Non Current Liabilities Total12.7M11.5M18.5M15.0M1.0M960.5K
Capital Lease Obligations3.9M9.5M3.6M1.9M2.2M3.9M
Net Invested Capital23.1M196.8M111.6M18.4M21.2M20.1M
Property Plant And Equipment Gross12.2M30.0M14.5M11.0M12.6M15.4M
Accumulated Other Comprehensive Income(72K)29K324K55K245K257.3K
Net Working Capital54.2M53.8M41.0M3.7M3.3M3.1M
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:
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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
22.227
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.17)
Return On Equity
(1.08)
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.