Greenlane Deferred Long Term Liab vs Other Liab Analysis
GRN Stock | CAD 0.10 0.01 5.26% |
Greenlane Renewables financial indicator trend analysis is much more than just examining Greenlane Renewables latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenlane Renewables is a good investment. Please check the relationship between Greenlane Renewables Deferred Long Term Liab and its Other Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Renewables. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Deferred Long Term Liab vs Other Liab
Deferred Long Term Liab vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Renewables Deferred Long Term Liab account and Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Greenlane Renewables' Deferred Long Term Liab and Other Liab is -0.69. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of Greenlane Renewables, assuming nothing else is changed. The correlation between historical values of Greenlane Renewables' Deferred Long Term Liab and Other Liab 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 Renewables are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Deferred Long Term Liab i.e., Greenlane Renewables' Deferred Long Term Liab and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Other Liab
Most indicators from Greenlane Renewables' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenlane Renewables 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 Renewables. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Greenlane Renewables' Tax Provision is very stable compared to the past year. As of the 18th of January 2025, Selling General Administrative is likely to grow to about 26.8 M, while Sales General And Administrative To Revenue is likely to drop 0.40.
Greenlane Renewables fundamental ratios Correlations
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Greenlane Renewables Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenlane Renewables fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 43.2M | 78.8M | 83.4M | 54.4M | 62.5M | 52.6M | |
Other Current Liab | 8.2M | 19.6M | 20.5M | 17.8M | 20.5M | 12.8M | |
Total Current Liabilities | 16.7M | 21.9M | 25.8M | 24.7M | 28.4M | 17.7M | |
Total Stockholder Equity | 25.9M | 56.5M | 53.5M | 25.3M | 29.1M | 31.0M | |
Net Tangible Assets | (11.7M) | 7.6M | 39.6M | 27.1M | 31.1M | 32.7M | |
Net Debt | (9.8M) | (31.0M) | (20.1M) | (11.4M) | (10.3M) | (10.8M) | |
Retained Earnings | (7.7M) | (10.2M) | (15.7M) | (45.3M) | (40.7M) | (38.7M) | |
Accounts Payable | 670K | 633K | 3.9M | 3.0M | 3.5M | 3.6M | |
Cash | 16.4M | 31.5M | 21.4M | 13.4M | 15.4M | 15.7M | |
Non Current Assets Total | 19.0M | 17.7M | 30.4M | 13.0M | 14.9M | 18.4M | |
Cash And Short Term Investments | 16.4M | 31.5M | 21.4M | 13.4M | 15.4M | 15.7M | |
Net Receivables | 6.1M | 27.2M | 27.6M | 24.2M | 27.9M | 16.3M | |
Common Stock Shares Outstanding | 92.8M | 143.9M | 150.9M | 153.1M | 176.0M | 105.9M | |
Long Term Debt Total | 11.6M | 461K | 217K | 967K | 870.3K | 826.8K | |
Liabilities And Stockholders Equity | 43.2M | 78.8M | 83.4M | 54.4M | 62.5M | 52.6M | |
Non Current Liabilities Total | 567K | 367K | 4.1M | 4.4M | 3.9M | 2.8M | |
Capital Surpluse | 1.5M | 1.5M | 2.4M | 4.3M | 4.9M | 5.2M | |
Other Current Assets | 1.1M | 1.7M | 1.3M | 1.7M | 1.9M | 1.2M | |
Other Stockholder Equity | 1.5M | 2.4M | 4.3M | 4.9M | 5.6M | 5.9M | |
Total Liab | 17.3M | 22.3M | 29.9M | 29.1M | 33.4M | 21.5M | |
Net Invested Capital | 18.7M | 31.8M | 56.5M | 53.5M | 61.5M | 35.4M | |
Total Current Assets | 24.1M | 61.1M | 53.0M | 41.4M | 47.6M | 34.2M | |
Accumulated Other Comprehensive Income | 111K | 179K | (378K) | (153K) | (137.7K) | (130.8K) | |
Capital Stock | 11.3M | 31.9M | 64.1M | 65.3M | 75.0M | 38.1M | |
Net Working Capital | (938K) | 7.4M | 39.1M | 27.2M | 31.3M | 16.1M | |
Short Term Debt | 6.2M | 242K | 268K | 232K | 208.8K | 198.4K | |
Common Stock | 31.9M | 64.1M | 65.3M | 65.8M | 75.7M | 43.8M | |
Short Long Term Debt Total | 6.6M | 459K | 1.2M | 2.0M | 1.8M | 1.7M | |
Property Plant And Equipment Net | 821K | 688K | 1.7M | 2.4M | 2.7M | 1.4M | |
Current Deferred Revenue | 1.7M | 1.5M | 1.1M | 3.6M | 4.2M | 2.2M | |
Inventory | 1.6M | 785K | 1.1M | 2.1M | 2.4M | 1.3M | |
Intangible Assets | 7.8M | 6.5M | 8.3M | 2.8M | 2.5M | 2.4M |
Other Information on Investing in Greenlane Stock
Balance Sheet is a snapshot of the financial position of Greenlane Renewables at a specified time, usually calculated after every quarter, six months, or one year. Greenlane Renewables Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Greenlane Renewables 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.