Asset Breakdown
32.8 M
Assets Non Current
Goodwill
98.2 M
Current Assets
| Total Assets | 130.96 Million | |
| Current Assets | 98.21 Million | |
| Assets Non Current | 32.75 Million | |
| Goodwill | 15.82 Million |
Will GREENLANE HOLDINGS (NASDAQ:GNLN) debt increase in November 2020?
 | By Rifka Kats | Macroaxis Story |
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.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Michael Smolkin
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.
Watch out for price decline
Please consider monitoring Greenlane Holdings on a daily basis if you are holding a position in it. Greenlane Holdings is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Greenlane Holdings stock to be traded above the $1 level to remain listed. If Greenlane Holdings stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Understanding Greenlane Total Debt
Greenlane Holdings liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Greenlane Holdings 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 financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Greenlane Holdings's Liquidity
Greenlane Holdings financial leverage refers to using borrowed capital as a funding source to finance Greenlane Holdings 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. Financial leverage can amplify the potential profits to Greenlane Holdings' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Greenlane Holdings' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Greenlane Holdings's total debt and its cash.
An Additional Perspective On Greenlane Holdings
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
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 Rifka Kats do not own shares of Greenlane Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.