Greenlane Holdings (Greenlane Holdings) Interest Expense : $-6.00 Mil (TTM As of Sep. 2023)

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What is Greenlane Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenlane Holdings's interest expense for the three months ended in Sep. 2023 was $ -3.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-6.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Greenlane Holdings's Operating Income for the three months ended in Sep. 2023 was $ -6.89 Mil. Greenlane Holdings's Interest Expense for the three months ended in Sep. 2023 was $ -3.42 Mil. Greenlane Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Greenlane Holdings Interest Expense Historical Data

The historical data trend for Greenlane Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Greenlane Holdings Interest Expense Chart

Greenlane Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-3.19

-0.98

-0.44

-0.57

-2.45

Greenlane Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.93	-0.85	-0.82	-0.92	-3.42

Greenlane Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.00 Mil.

Greenlane Holdings (NAS:GNLN) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Greenlane Holdings's Interest Expense for the three months ended in Sep. 2023 was $-3.42 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-6.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $1.24 Mil.

Greenlane Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Greenlane Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Greenlane Holdings (Greenlane Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Greenlane Holdings Inc (NAS:GNLN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1095 Broken Sound Parkway, Suite 100, Boca Raton, FL, USA, 33487

Website

https://www.gnln.com

Greenlane Holdings Inc is a distributor of vaporization products and consumption accessories in the United States. It offers a selection of stock-keeping units including vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers and customized lines of premium specialty packaging. The company markets and sells its products in both the business to business and business to consumer sectors of the marketplace. Its geographical segment includes the United States; Canada and Europe. It derives a majority of revenue from the United States.

Executives

Gina Collins	director	C/O GREENLANE HOLDINGS, INC., 1401 WARNER AVE., SUITE A, TUSTIN CA 92780
Craig A. Snyder	officer: Chief Commercial Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Jeffrey J Uttz	director	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Lana Reeve	officer: See remarks.	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 100, BOCA RATON FL 33487
Adam Schoenfeld	director, 10 percent owner, officer: Chief Strategy Officer	1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Darsh Dahya	officer: Chief Accounting Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Renah Persofsky	director	55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3
Mote William E. Jr	officer: Chief Financal Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Aaron Locascio	director, 10 percent owner, officer: Chief Executive Officer	1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Nicholas Kovacevich	director, officer: Chief Executive Officer	2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De	officer: Chief Operating Officer	C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Dallas Imbimbo	director	1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Donald H Hunter	director	C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Michael Cellucci	officer: See remarks.	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
William J. Bine	officer: Chief Operating Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487