GREENLANE Story

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GNLN -- USA Stock  

USD 5.48  0.27  4.70%

The upcoming quarterly report is expected on the 13th of November 2020. The stock is still going through an active upward rally. While some millenniums are indifferent towards healthcare space, it makes sense to outline GREENLANE HOLDINGS INC as a unique investment alternative. Here we also measure the ability of GREENLANE HOLDINGS to meet its long-term debt obligations, such as interest payments on debt, the final principal payment on the debt, and any other fixed obligations like lease payments.
Published over three months ago
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Will GREENLANE HOLDINGS (NASDAQ:GNLN) debt increase in November 2020?
The company currently holds 12.34 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest GREENLANE HOLDINGS is not taking enough advantage from borrowing. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. GREENLANE HOLDINGS has an asset utilization ratio of 113.31 percent. This suggests that the company is making $1.13 for each dollar of assets. An increasing asset utilization means that GREENLANE HOLDINGS INC is more efficient with each dollar of assets it utilizes for everyday operations.
GREENLANE HOLDINGS financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of GREENLANE HOLDINGS, including all of GREENLANE HOLDINGS's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of GREENLANE HOLDINGS assets, the company is considered highly leveraged. Understanding the composition and structure of overall GREENLANE HOLDINGS debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

Understanding GREENLANE Total Debt

GREENLANE HOLDINGS INC liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. GREENLANE HOLDINGS INC has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on GREENLANE HOLDINGS balance sheet include debt obligations and money owed to different GREENLANE HOLDINGS vendors, workers, and loan providers. Below is the chart of GREENLANE main long-term debt accounts currently reported on its balance sheet.
You can use GREENLANE HOLDINGS INC financial leverage analysis tool to get a better grip on understanding its financial position

How important is GREENLANE HOLDINGS's Liquidity

GREENLANE HOLDINGS financial leverage refers to using borrowed capital as a funding source to finance GREENLANE HOLDINGS INC ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. GREENLANE HOLDINGS financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between GREENLANE HOLDINGS's total debt and its cash.

Conversion by Jacoby Co Inc of 650000 shares of GREENLANE HOLDINGS

Legal trades by GREENLANE HOLDINGS insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
GREENLANE insider trading alert for conversion of common units by Jacoby Co Inc, the corporate stakeholder, on 8th of January 2021. This event was filed by Greenlane Holdings Inc with SEC on 2021-01-08. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking it down a bit more

The latest GREENLANE HOLDINGS price slide may raise some interest from institutional investors. The stock closed today at a share price of 2.67 on slow start in trading volume. The company directors and management were unable to exploit market volatilities in September. However, diversifying your overall positions with GREENLANE HOLDINGS INC can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 30 days investing horizon is currently 5.1. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the GREENLANE HOLDINGS INC partners.

Asset Breakdown

32.8 M
Assets Non Current
Goodwill
98.2 M
Current Assets
Total Assets130.96 Million
Current Assets98.21 Million
Assets Non Current32.75 Million
Goodwill15.82 Million

Our perspective of the latest GREENLANE HOLDINGS rise

Latest information ratio is at -0.13. GREENLANE HOLDINGS INC exhibits very low volatility with skewness of 0.69 and kurtosis of 1.15. However, we advise investors to further study GREENLANE HOLDINGS INC technical indicators to make sure all market info is available and is reliable.

Our Final Takeaway

Whereas many of the other players in the pharmaceutical retailers industry are either recovering or due for a correction, GREENLANE HOLDINGS may not be performing as strong as the other in terms of long-term growth potentials. The inconsistency in the assessment between current GREENLANE valuation and our trade advice on GREENLANE HOLDINGS is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to GREENLANE HOLDINGS.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of GREENLANE HOLDINGS INC. Please refer to our Terms of Use for any information regarding our disclosure principles.

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