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Greenlane HoldingsGNLN +2.12%29 Return-on-Tangible-Asset is -112.00% as of Mar. 2026. GuruFocus rates GNLN with a GF Score™ of 29/100. The stock has 5 warning signs investors should review. Among 48 Tobacco Products companies, Greenlane Holdings ranks worse than 93.75% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Greenlane Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $-73.44 Mil. Greenlane Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $65.57 Mil. Therefore, Greenlane Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -112.00%.
The historical rank and industry rank for Greenlane Holdings's Return-on-Tangible-Asset or its related term are showing as below:
GNLN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -228.83 Med: -28.27 Max: 9.22
Current: -228.83
During the past 9 years, Greenlane Holdings's highest Return-on-Tangible-Asset was 9.22%. The lowest was -228.83%. And the median was -28.27%.
GNLN's Return-on-Tangible-Asset is ranked worse than 93.75% of 48
companies
in the Tobacco Products industry
Industry Median: 9.615
vs GNLN: -228.83
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Greenlane Holdings Return-on-Tangible-Asset Related Terms
Greenlane Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Greenlane Holdings's Return-on-Tangible-Asset 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.
GNLN vs XXII, KAVL, CBDW: Return-on-Tangible-Asset Comparison
For the Tobacco subindustry, Greenlane Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
Greenlane Holdings Return-on-Tangible-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Greenlane Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Greenlane Holdings's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -112.00% mean?
Greenlane Holdings (GNLN) has a Return-on-Tangible-Asset of -112.00% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Greenlane Holdings and its competitors. According to the industry distribution chart, Greenlane Holdings ranks #45 out of 48 companies in the Tobacco Products industry, placing it in the top 93.7%.
Is Greenlane Holdings' Return-on-Tangible-Asset too high?
Greenlane Holdings' current Return-on-Tangible-Asset is -112.00%. Based on the distribution chart, Greenlane Holdings ranks #45 out of 48 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Greenlane Holdings has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Greenlane Holdings' Return-on-Tangible-Asset compare to XXII and KAVL?
According to the Tobacco Products industry distribution chart, Greenlane Holdings ranks #45 out of 48 companies for Return-on-Tangible-Asset. This places Greenlane Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 9.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Tobacco Products company?
The median Return-on-Tangible-Asset among Tobacco Products companies is 9.62, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Greenlane Holdings and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Asset is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlane Holdings's current Return-on-Tangible-Asset is -112.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlane Holdings stock overvalued right now?
Greenlane Holdings (GNLN) has a current Return-on-Tangible-Asset of -112.00%. The current Return-on-Tangible-Asset is -112.00%. Greenlane Holdings' overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Greenlane Holdings (GNLN), the current Return-on-Tangible-Asset is -112.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Greenlane Holdings Inc is a platform for the development and distribution of premium cannabis accessories, vape devices, and lifestyle products. It provides a wide array of consumer ancillary products and industrial ancillary products to thousands of cannabis producers, processors, brands, and retailers (Cannabis Operators). It serves specialty retailers, smoke shops, head shops, convenience stores, and consumers. Geographically, it operates in United States, Canada, and Europe. It derives majority revenue from the United States. Its two operating segments are: Wholesale and Distribution, which includes legacy e-commerce and drop-ship operations; and Digital Assets, which includes digital asset treasury activities including acquisition, staking and validator participation related to BERA.
29GF Score
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