Greenlane Net Debt vs Good Will Analysis

GNLN Stock  USD 0.62  0.01  1.64%   
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 Net Debt and its Good Will 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 tightly coupled 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.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Holdings Net Debt account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Greenlane Holdings' Net Debt and Good Will is 0.11. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will 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' Net Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Greenlane Holdings are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., Greenlane Holdings' Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 tightly coupled 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.As of the 5th of May 2024, Issuance Of Capital Stock is likely to grow to about 27.3 M, though Tax Provision is likely to grow to (11.1 K).
 2021 2022 2023 2024 (projected)
Gross Profit27.7M25.0M28.7M27.9M
Total Revenue166.1M137.1M157.6M150.9M

Greenlane Holdings fundamental ratios Correlations

0.950.960.870.7-0.610.810.510.340.510.950.660.280.990.870.750.84-0.860.80.950.870.86-0.540.880.690.99
0.950.980.770.63-0.560.870.540.330.540.920.580.290.950.90.670.84-0.860.70.940.780.77-0.560.830.650.96
0.960.980.820.65-0.580.920.410.430.410.960.620.380.960.860.710.9-0.850.770.910.840.83-0.610.840.750.96
0.870.770.820.85-0.690.60.10.090.10.750.62-0.010.810.820.830.61-0.580.930.680.960.95-0.220.790.470.79
0.70.630.650.85-0.910.480.01-0.010.010.550.21-0.090.670.790.970.44-0.550.680.570.730.92-0.120.860.320.64
-0.61-0.56-0.58-0.69-0.91-0.51-0.03-0.24-0.03-0.490.08-0.15-0.63-0.79-0.96-0.50.66-0.44-0.55-0.51-0.80.34-0.88-0.45-0.58
0.810.870.920.60.48-0.510.360.620.360.90.420.590.870.720.60.94-0.840.540.820.610.67-0.760.760.830.84
0.510.540.410.10.01-0.030.360.121.00.490.270.140.550.390.060.36-0.60.010.720.120.06-0.380.350.240.57
0.340.330.430.09-0.01-0.240.620.120.120.530.060.990.440.220.220.77-0.640.10.40.120.23-0.950.420.910.44
0.510.540.410.10.01-0.030.361.00.120.490.270.140.550.390.060.36-0.60.010.720.120.06-0.380.350.240.57
0.950.920.960.750.55-0.490.90.490.530.490.680.490.970.740.630.93-0.870.740.920.80.78-0.70.810.820.97
0.660.580.620.620.210.080.420.270.060.270.680.050.570.310.170.49-0.290.820.510.80.5-0.150.260.360.62
0.280.290.38-0.01-0.09-0.150.590.140.990.140.490.050.380.140.140.73-0.60.020.360.050.15-0.940.350.880.39
0.990.950.960.810.67-0.630.870.550.440.550.970.570.380.870.740.88-0.920.710.970.790.82-0.640.90.750.99
0.870.90.860.820.79-0.790.720.390.220.390.740.310.140.870.830.7-0.820.640.840.730.81-0.430.890.530.85
0.750.670.710.830.97-0.960.60.060.220.060.630.170.140.740.830.58-0.690.640.650.70.93-0.330.940.50.71
0.840.840.90.610.44-0.50.940.360.770.360.930.490.730.880.70.58-0.90.590.830.650.68-0.880.780.950.88
-0.86-0.86-0.85-0.58-0.550.66-0.84-0.6-0.64-0.6-0.87-0.29-0.6-0.92-0.82-0.69-0.9-0.44-0.93-0.54-0.660.83-0.89-0.83-0.91
0.80.70.770.930.68-0.440.540.010.10.010.740.820.020.710.640.640.59-0.440.570.990.87-0.180.610.460.73
0.950.940.910.680.57-0.550.820.720.40.720.920.510.360.970.840.650.83-0.930.570.670.7-0.640.850.680.97
0.870.780.840.960.73-0.510.610.120.120.120.80.80.050.790.730.70.65-0.540.990.670.91-0.240.70.50.8
0.860.770.830.950.92-0.80.670.060.230.060.780.50.150.820.810.930.68-0.660.870.70.91-0.340.890.570.81
-0.54-0.56-0.61-0.22-0.120.34-0.76-0.38-0.95-0.38-0.7-0.15-0.94-0.64-0.43-0.33-0.880.83-0.18-0.64-0.24-0.34-0.58-0.94-0.64
0.880.830.840.790.86-0.880.760.350.420.350.810.260.350.90.890.940.78-0.890.610.850.70.89-0.580.690.88
0.690.650.750.470.32-0.450.830.240.910.240.820.360.880.750.530.50.95-0.830.460.680.50.57-0.940.690.75
0.990.960.960.790.64-0.580.840.570.440.570.970.620.390.990.850.710.88-0.910.730.970.80.81-0.640.880.75
Click cells to compare fundamentals

Greenlane Holdings Account Relationship Matchups

Greenlane Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets153.5M122.7M285.8M146.1M168.0M134.4M
Other Current Liab10.4M19.4M25.1M11.9M13.7M12.2M
Total Current Liabilities26.3M41.9M71.0M35.7M41.0M36.7M
Total Stockholder Equity22.5M15.1M174.5M95.4M109.7M56.2M
Net Tangible Assets(20.2M)4.1M5.8M48.0M55.2M57.9M
Retained Earnings(9.6M)(24.8M)(55.5M)(171.4M)(154.2M)(146.5M)
Accounts Payable11.3M18.4M23.0M15.0M17.2M16.9M
Cash47.8M30.4M12.9M6.5M7.4M7.1M
Long Term Debt8.0M7.8M10.6M13.0M15.0M14.2M
Cash And Short Term Investments47.8M30.4M12.9M6.5M7.4M7.1M
Net Receivables8.1M6.3M14.7M6.5M7.4M7.6M
Good Will3.2M5.4M12.0M3.3M41.9M0.0
Inventory43.4M36.1M67.0M40.6M46.7M38.1M
Other Current Assets4.9M10.9M11.7M11.1M12.8M7.4M
Other Stockholder Equity32.0M39.7M228.9M266.5M306.5M321.8M
Total Liab38.9M53.4M89.5M50.7M58.3M55.1M
Short Long Term Debt178K182K11.6M3.2M3.7M2.5M
Total Current Assets115.3M96.1M124.7M76.7M88.2M79.7M
Short Term Debt1.4M1.3M14.9M4.8M5.6M3.9M
Intangible Assets6.3M5.9M84.7M49.3M56.7M59.5M
Common Stock109K142K854K152K136.8K130.0K
Property Plant Equipment11.6M17.9M15.3M30.0M34.5M36.2M
Short Long Term Debt Total13.4M11.9M31.7M19.8M22.8M23.0M
Property Plant And Equipment Net17.9M15.3M30.0M14.5M16.7M16.4M
Current Deferred Revenue3.2M2.7M7.9M4.0M4.6M4.0M
Net Debt(34.3M)(18.5M)18.8M13.3M15.3M16.1M
Non Current Assets Total38.2M26.6M161.1M69.4M79.8M61.6M
Non Currrent Assets Other2.1M2.0M4.5M5.6M6.4M6.7M
Other Assets167K2.1M5.1M122K140.3K133.3K
Common Stock Shares Outstanding50.7K59.7K193K7.5M753.1K1.4M
Liabilities And Stockholders Equity153.5M122.7M285.8M146.1M168.0M151.1M
Non Current Liabilities Total12.7M11.5M18.5M15.0M13.5M15.1M
Capital Lease Obligations5.2M3.9M9.5M3.6M4.1M4.2M
Net Invested Capital30.6M23.1M196.8M111.6M128.3M75.1M
Property Plant And Equipment Gross17.9M12.2M30.0M14.5M16.7M15.9M
Accumulated Other Comprehensive Income(72K)29K324K55K63.3K66.4K
Net Working Capital88.7M54.2M53.8M41.0M47.2M49.2M

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 Architect
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 tightly coupled 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Greenlane Stock analysis

When running Greenlane Holdings' price analysis, check to measure Greenlane Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greenlane Holdings is operating at the current time. Most of Greenlane Holdings' value examination focuses on studying past and present price action to predict the probability of Greenlane Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlane Holdings' price. Additionally, you may evaluate how the addition of Greenlane Holdings to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Transaction History
View history of all your transactions and understand their impact on performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is Greenlane Holdings' industry 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
114.04
Revenue Per Share
30.753
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.17)
Return On Equity
(0.68)
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.