Greenlane Operating Income vs Net Income Analysis

GNLN Stock

USD 0.70 0.10 16.67%

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 Operating Income and its Net Income 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.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Holdings Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Greenlane Holdings' Operating Income and Net Income is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income 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' Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Greenlane Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Greenlane Holdings' Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Greenlane Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Greenlane Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Greenlane Holdings financial statement analysis. It represents the amount of money remaining after all of Greenlane Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 16th of April 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 Profit	27.7M	25.0M	28.7M	27.9M
Total Revenue	166.1M	137.1M	157.6M	150.9M

Gross Profit Total Revenue

Greenlane Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Long Term Debt Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.95	0.96	0.87	0.7	-0.61	0.81	0.51	0.34	0.51	0.95	0.66	0.28	0.99	0.87	0.75	0.84	-0.86	0.8	0.95	0.87	0.86	-0.54	0.88	0.69	0.99
Other Current Liab	0.95		0.98	0.77	0.63	-0.56	0.87	0.54	0.33	0.54	0.92	0.58	0.29	0.95	0.9	0.67	0.84	-0.86	0.7	0.94	0.78	0.77	-0.56	0.83	0.65	0.96
Total Current Liabilities	0.96	0.98		0.82	0.65	-0.58	0.92	0.41	0.43	0.41	0.96	0.62	0.38	0.96	0.86	0.71	0.9	-0.85	0.77	0.91	0.84	0.83	-0.61	0.84	0.75	0.96
Total Stockholder Equity	0.87	0.77	0.82		0.85	-0.69	0.6	0.1	0.09	0.1	0.75	0.62	-0.01	0.81	0.82	0.83	0.61	-0.58	0.93	0.68	0.96	0.95	-0.22	0.79	0.47	0.79
Net Tangible Assets	0.7	0.63	0.65	0.85		-0.91	0.48	0.01	-0.01	0.01	0.55	0.21	-0.09	0.67	0.79	0.97	0.44	-0.55	0.68	0.57	0.73	0.92	-0.12	0.86	0.32	0.64
Retained Earnings	-0.61	-0.56	-0.58	-0.69	-0.91		-0.51	-0.03	-0.24	-0.03	-0.49	0.08	-0.15	-0.63	-0.79	-0.96	-0.5	0.66	-0.44	-0.55	-0.51	-0.8	0.34	-0.88	-0.45	-0.58
Accounts Payable	0.81	0.87	0.92	0.6	0.48	-0.51		0.36	0.62	0.36	0.9	0.42	0.59	0.87	0.72	0.6	0.94	-0.84	0.54	0.82	0.61	0.67	-0.76	0.76	0.83	0.84
Cash	0.51	0.54	0.41	0.1	0.01	-0.03	0.36		0.12	1.0	0.49	0.27	0.14	0.55	0.39	0.06	0.36	-0.6	0.01	0.72	0.12	0.06	-0.38	0.35	0.24	0.57
Long Term Debt	0.34	0.33	0.43	0.09	-0.01	-0.24	0.62	0.12		0.12	0.53	0.06	0.99	0.44	0.22	0.22	0.77	-0.64	0.1	0.4	0.12	0.23	-0.95	0.42	0.91	0.44
Cash And Short Term Investments	0.51	0.54	0.41	0.1	0.01	-0.03	0.36	1.0	0.12		0.49	0.27	0.14	0.55	0.39	0.06	0.36	-0.6	0.01	0.72	0.12	0.06	-0.38	0.35	0.24	0.57
Net Receivables	0.95	0.92	0.96	0.75	0.55	-0.49	0.9	0.49	0.53	0.49		0.68	0.49	0.97	0.74	0.63	0.93	-0.87	0.74	0.92	0.8	0.78	-0.7	0.81	0.82	0.97
Good Will	0.66	0.58	0.62	0.62	0.21	0.08	0.42	0.27	0.06	0.27	0.68		0.05	0.57	0.31	0.17	0.49	-0.29	0.82	0.51	0.8	0.5	-0.15	0.26	0.36	0.62
Long Term Debt Total	0.28	0.29	0.38	-0.01	-0.09	-0.15	0.59	0.14	0.99	0.14	0.49	0.05		0.38	0.14	0.14	0.73	-0.6	0.02	0.36	0.05	0.15	-0.94	0.35	0.88	0.39
Inventory	0.99	0.95	0.96	0.81	0.67	-0.63	0.87	0.55	0.44	0.55	0.97	0.57	0.38		0.87	0.74	0.88	-0.92	0.71	0.97	0.79	0.82	-0.64	0.9	0.75	0.99
Other Current Assets	0.87	0.9	0.86	0.82	0.79	-0.79	0.72	0.39	0.22	0.39	0.74	0.31	0.14	0.87		0.83	0.7	-0.82	0.64	0.84	0.73	0.81	-0.43	0.89	0.53	0.85
Other Stockholder Equity	0.75	0.67	0.71	0.83	0.97	-0.96	0.6	0.06	0.22	0.06	0.63	0.17	0.14	0.74	0.83		0.58	-0.69	0.64	0.65	0.7	0.93	-0.33	0.94	0.5	0.71
Total Liab	0.84	0.84	0.9	0.61	0.44	-0.5	0.94	0.36	0.77	0.36	0.93	0.49	0.73	0.88	0.7	0.58		-0.9	0.59	0.83	0.65	0.68	-0.88	0.78	0.95	0.88
Long Term Investments	-0.86	-0.86	-0.85	-0.58	-0.55	0.66	-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	-0.66	0.83	-0.89	-0.83	-0.91
Short Long Term Debt	0.8	0.7	0.77	0.93	0.68	-0.44	0.54	0.01	0.1	0.01	0.74	0.82	0.02	0.71	0.64	0.64	0.59	-0.44		0.57	0.99	0.87	-0.18	0.61	0.46	0.73
Total Current Assets	0.95	0.94	0.91	0.68	0.57	-0.55	0.82	0.72	0.4	0.72	0.92	0.51	0.36	0.97	0.84	0.65	0.83	-0.93	0.57		0.67	0.7	-0.64	0.85	0.68	0.97
Short Term Debt	0.87	0.78	0.84	0.96	0.73	-0.51	0.61	0.12	0.12	0.12	0.8	0.8	0.05	0.79	0.73	0.7	0.65	-0.54	0.99	0.67		0.91	-0.24	0.7	0.5	0.8
Intangible Assets	0.86	0.77	0.83	0.95	0.92	-0.8	0.67	0.06	0.23	0.06	0.78	0.5	0.15	0.82	0.81	0.93	0.68	-0.66	0.87	0.7	0.91		-0.34	0.89	0.57	0.81
Common Stock	-0.54	-0.56	-0.61	-0.22	-0.12	0.34	-0.76	-0.38	-0.95	-0.38	-0.7	-0.15	-0.94	-0.64	-0.43	-0.33	-0.88	0.83	-0.18	-0.64	-0.24	-0.34		-0.58	-0.94	-0.64
Property Plant Equipment	0.88	0.83	0.84	0.79	0.86	-0.88	0.76	0.35	0.42	0.35	0.81	0.26	0.35	0.9	0.89	0.94	0.78	-0.89	0.61	0.85	0.7	0.89	-0.58		0.69	0.88
Short Long Term Debt Total	0.69	0.65	0.75	0.47	0.32	-0.45	0.83	0.24	0.91	0.24	0.82	0.36	0.88	0.75	0.53	0.5	0.95	-0.83	0.46	0.68	0.5	0.57	-0.94	0.69		0.75
Property Plant And Equipment Net	0.99	0.96	0.96	0.79	0.64	-0.58	0.84	0.57	0.44	0.57	0.97	0.62	0.39	0.99	0.85	0.71	0.88	-0.91	0.73	0.97	0.8	0.81	-0.64	0.88	0.75

Click cells to compare fundamentals

Greenlane Holdings Account Relationship Matchups

Greenlane Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	153.5M	122.7M	285.8M	146.1M	168.0M	134.4M
Other Current Liab	10.4M	19.4M	25.1M	11.9M	13.7M	12.2M
Total Current Liabilities	26.3M	41.9M	71.0M	35.7M	41.0M	36.7M
Total Stockholder Equity	22.5M	15.1M	174.5M	95.4M	109.7M	56.2M
Net Tangible Assets	(20.2M)	4.1M	5.8M	48.0M	55.2M	57.9M
Retained Earnings	(9.6M)	(24.8M)	(55.5M)	(171.4M)	(154.2M)	(146.5M)
Accounts Payable	11.3M	18.4M	23.0M	15.0M	17.2M	16.9M
Cash	47.8M	30.4M	12.9M	6.5M	7.4M	7.1M
Long Term Debt	8.0M	7.8M	10.6M	13.0M	15.0M	14.2M
Cash And Short Term Investments	47.8M	30.4M	12.9M	6.5M	7.4M	7.1M
Net Receivables	8.1M	6.3M	14.7M	6.5M	7.4M	7.6M
Good Will	3.2M	5.4M	12.0M	3.3M	41.9M	0.0
Inventory	43.4M	36.1M	67.0M	40.6M	46.7M	38.1M
Other Current Assets	4.9M	10.9M	11.7M	11.1M	12.8M	7.4M
Other Stockholder Equity	32.0M	39.7M	228.9M	266.5M	306.5M	321.8M
Total Liab	38.9M	53.4M	89.5M	50.7M	58.3M	55.1M
Short Long Term Debt	178K	182K	11.6M	3.2M	3.7M	2.5M
Total Current Assets	115.3M	96.1M	124.7M	76.7M	88.2M	79.7M
Short Term Debt	1.4M	1.3M	14.9M	4.8M	5.6M	3.9M
Intangible Assets	6.3M	5.9M	84.7M	49.3M	56.7M	59.5M
Common Stock	109K	142K	854K	152K	136.8K	130.0K
Property Plant Equipment	11.6M	17.9M	15.3M	30.0M	34.5M	36.2M
Short Long Term Debt Total	13.4M	11.9M	31.7M	19.8M	22.8M	23.0M
Property Plant And Equipment Net	17.9M	15.3M	30.0M	14.5M	16.7M	16.4M
Current Deferred Revenue	3.2M	2.7M	7.9M	4.0M	4.6M	4.0M
Net Debt	(34.3M)	(18.5M)	18.8M	13.3M	15.3M	16.1M
Non Current Assets Total	38.2M	26.6M	161.1M	69.4M	79.8M	61.6M
Non Currrent Assets Other	2.1M	2.0M	4.5M	5.6M	6.4M	6.7M
Other Assets	167K	2.1M	5.1M	122K	140.3K	133.3K
Common Stock Shares Outstanding	50.7K	59.7K	193K	7.5M	753.1K	1.4M
Liabilities And Stockholders Equity	153.5M	122.7M	285.8M	146.1M	168.0M	151.1M
Non Current Liabilities Total	12.7M	11.5M	18.5M	15.0M	13.5M	15.1M
Capital Lease Obligations	5.2M	3.9M	9.5M	3.6M	4.1M	4.2M
Net Invested Capital	30.6M	23.1M	196.8M	111.6M	128.3M	75.1M
Property Plant And Equipment Gross	17.9M	12.2M	30.0M	14.5M	16.7M	15.9M
Accumulated Other Comprehensive Income	(72K)	29K	324K	55K	63.3K	66.4K
Net Working Capital	88.7M	54.2M	53.8M	41.0M	47.2M	49.2M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Greenlane Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Greenlane Holdings' short interest history, or implied volatility extrapolated from Greenlane Holdings options trading.

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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:

How To Invest In Greenlane

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Is Greenlane Stock a good investment?

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What is Greenlane Holdings' Net Worth?

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.

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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.

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Greenlane Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

Greenlane Holdings fundamental ratios Correlations

Greenlane Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Greenlane Holdings fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Greenlane Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Long Term Debt Total	+ 0.99	Long Term Debt
Property Plant And Equipment Net	+ 0.99	Inventory
Short Term Debt	+ 0.99	Short Long Term Debt

Other Stockholder Equity	- 0.96	Retained Earnings
Common Stock	- 0.95	Long Term Debt
Short Long Term Debt Total	- 0.94	Common Stock
Common Stock	- 0.94	Long Term Debt Total
Total Current Assets	- 0.93	Long Term Investments
Long Term Investments	- 0.92	Inventory