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Greenlane Holdings Debt-to-Equity

: 0.67 (As of Mar. 2020)
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Greenlane Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $1.5 Mil. Greenlane Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $11.6 Mil. Greenlane Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2020 was $19.5 Mil. Greenlane Holdings's debt to equity for the quarter that ended in Mar. 2020 was 0.67.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

NAS:GNLN' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.39   Med: 0.35   Max: 0.67
Current: 0.67

-4.39
0.67

During the past 3 years, the highest Debt-to-Equity Ratio of Greenlane Holdings was 0.67. The lowest was -4.39. And the median was 0.35.

NAS:GNLN's Debt-to-Equity is ranked lower than
60% of the 478 Companies
in the Healthcare Providers & Services industry.

( Industry Median: 0.41 vs. NAS:GNLN: 0.67 )

Greenlane Holdings Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Greenlane Holdings Annual Data
Dec17 Dec18 Dec19
Debt-to-Equity 0.08 -4.39 0.60

Greenlane Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.57 0.35 0.44 0.60 0.67

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Greenlane Holdings Debt-to-Equity Distribution

* The bar in red indicates where Greenlane Holdings's Debt-to-Equity falls into.



Greenlane Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greenlane Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Greenlane Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Greenlane Holdings  (NAS:GNLN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Greenlane Holdings Debt-to-Equity Related Terms


Greenlane Holdings Debt-to-Equity Headlines

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