Greenlane Other Liab vs Total Stockholder Equity 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 Other Liab and its Total Stockholder Equity 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.

Other Liab vs Total Stockholder Equity

Other Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Renewables Other Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greenlane Renewables' Other Liab and Total Stockholder Equity is 0.6. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Stockholder Equity 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' Other Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Greenlane Renewables are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Liab i.e., Greenlane Renewables' Other Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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

0.980.970.980.87-0.84-0.710.810.950.720.950.960.960.880.950.850.94-0.350.970.980.960.930.96-0.960.710.54
0.980.990.930.92-0.83-0.80.840.910.790.910.990.990.920.970.890.95-0.380.990.991.00.971.0-0.980.780.68
0.970.990.90.87-0.77-0.830.860.890.810.890.961.00.930.990.910.98-0.40.990.960.990.920.99-0.960.790.71
0.980.930.90.88-0.92-0.580.710.980.620.980.920.90.790.880.750.85-0.30.920.970.90.910.91-0.940.60.39
0.870.920.870.88-0.9-0.770.750.890.760.890.930.90.850.870.840.78-0.520.880.940.90.950.91-0.970.760.58
-0.84-0.83-0.77-0.92-0.90.46-0.51-0.94-0.47-0.94-0.83-0.8-0.62-0.76-0.59-0.640.19-0.79-0.9-0.81-0.9-0.810.87-0.46-0.28
-0.71-0.8-0.83-0.58-0.770.46-0.88-0.58-0.93-0.58-0.79-0.83-0.93-0.83-0.95-0.830.66-0.8-0.73-0.81-0.73-0.830.82-0.92-0.87
0.810.840.860.710.75-0.51-0.880.630.980.630.840.840.970.790.960.88-0.620.820.780.830.720.84-0.840.970.82
0.950.910.890.980.89-0.94-0.580.630.551.00.890.90.750.890.720.82-0.30.910.960.890.920.89-0.930.540.34
0.720.790.810.620.76-0.47-0.930.980.550.550.80.80.950.750.960.81-0.690.770.720.790.690.81-0.811.00.87
0.950.910.890.980.89-0.94-0.580.631.00.550.890.90.750.890.720.82-0.30.910.960.890.920.89-0.930.540.34
0.960.990.960.920.93-0.83-0.790.840.890.80.890.980.90.950.880.93-0.370.980.980.990.980.99-0.970.790.7
0.960.991.00.90.9-0.8-0.830.840.90.80.90.980.920.990.910.96-0.40.990.971.00.951.0-0.970.790.72
0.880.920.930.790.85-0.62-0.930.970.750.950.750.90.920.91.00.94-0.650.910.870.90.820.92-0.920.940.78
0.950.970.990.880.87-0.76-0.830.790.890.750.890.950.990.90.890.96-0.410.990.950.980.920.98-0.950.740.68
0.850.890.910.750.84-0.59-0.950.960.720.960.720.880.911.00.890.92-0.680.890.840.890.80.9-0.910.950.8
0.940.950.980.850.78-0.64-0.830.880.820.810.820.930.960.940.960.92-0.410.970.910.950.860.95-0.910.790.72
-0.35-0.38-0.4-0.3-0.520.190.66-0.62-0.3-0.69-0.3-0.37-0.4-0.65-0.41-0.68-0.41-0.36-0.35-0.35-0.31-0.390.49-0.69-0.42
0.970.990.990.920.88-0.79-0.80.820.910.770.910.980.990.910.990.890.97-0.360.980.990.950.99-0.960.750.68
0.980.990.960.970.94-0.9-0.730.780.960.720.960.980.970.870.950.840.91-0.350.980.980.980.98-0.980.710.57
0.961.00.990.90.9-0.81-0.810.830.890.790.890.991.00.90.980.890.95-0.350.990.980.961.0-0.970.780.72
0.930.970.920.910.95-0.9-0.730.720.920.690.920.980.950.820.920.80.86-0.310.950.980.960.96-0.950.680.61
0.961.00.990.910.91-0.81-0.830.840.890.810.890.991.00.920.980.90.95-0.390.990.981.00.96-0.970.790.72
-0.96-0.98-0.96-0.94-0.970.870.82-0.84-0.93-0.81-0.93-0.97-0.97-0.92-0.95-0.91-0.910.49-0.96-0.98-0.97-0.95-0.97-0.8-0.63
0.710.780.790.60.76-0.46-0.920.970.541.00.540.790.790.940.740.950.79-0.690.750.710.780.680.79-0.80.87
0.540.680.710.390.58-0.28-0.870.820.340.870.340.70.720.780.680.80.72-0.420.680.570.720.610.72-0.630.87
Click cells to compare fundamentals

Greenlane Renewables Account Relationship Matchups

Greenlane Renewables fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets43.2M78.8M83.4M54.4M62.5M52.6M
Other Current Liab8.2M19.6M20.5M17.8M20.5M12.8M
Total Current Liabilities16.7M21.9M25.8M24.7M28.4M17.7M
Total Stockholder Equity25.9M56.5M53.5M25.3M29.1M31.0M
Net Tangible Assets(11.7M)7.6M39.6M27.1M31.1M32.7M
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 Payable670K633K3.9M3.0M3.5M3.6M
Cash16.4M31.5M21.4M13.4M15.4M15.7M
Non Current Assets Total19.0M17.7M30.4M13.0M14.9M18.4M
Cash And Short Term Investments16.4M31.5M21.4M13.4M15.4M15.7M
Net Receivables6.1M27.2M27.6M24.2M27.9M16.3M
Common Stock Shares Outstanding92.8M143.9M150.9M153.1M176.0M105.9M
Long Term Debt Total11.6M461K217K967K870.3K826.8K
Liabilities And Stockholders Equity43.2M78.8M83.4M54.4M62.5M52.6M
Non Current Liabilities Total567K367K4.1M4.4M3.9M2.8M
Capital Surpluse1.5M1.5M2.4M4.3M4.9M5.2M
Other Current Assets1.1M1.7M1.3M1.7M1.9M1.2M
Other Stockholder Equity1.5M2.4M4.3M4.9M5.6M5.9M
Total Liab17.3M22.3M29.9M29.1M33.4M21.5M
Net Invested Capital18.7M31.8M56.5M53.5M61.5M35.4M
Total Current Assets24.1M61.1M53.0M41.4M47.6M34.2M
Accumulated Other Comprehensive Income111K179K(378K)(153K)(137.7K)(130.8K)
Capital Stock11.3M31.9M64.1M65.3M75.0M38.1M
Net Working Capital(938K)7.4M39.1M27.2M31.3M16.1M
Short Term Debt6.2M242K268K232K208.8K198.4K
Common Stock31.9M64.1M65.3M65.8M75.7M43.8M
Short Long Term Debt Total6.6M459K1.2M2.0M1.8M1.7M
Property Plant And Equipment Net821K688K1.7M2.4M2.7M1.4M
Current Deferred Revenue1.7M1.5M1.1M3.6M4.2M2.2M
Inventory1.6M785K1.1M2.1M2.4M1.3M
Intangible Assets7.8M6.5M8.3M2.8M2.5M2.4M

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.