Greenlane Renewables Financials

GRN Stock  CAD 0.10  0.01  5.26%   
We strongly advise to harness Greenlane Renewables fundamental analysis to find out if markets are presently mispricing the company. Simply put you can make use of it to find out if Greenlane Renewables is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate thirty-four available reported financial drivers for Greenlane Renewables, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Greenlane Renewables to be traded at C$0.125 in 90 days. Key indicators impacting Greenlane Renewables' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.250.26
Sufficiently Down
Slightly volatile
Current Ratio2.681.6757
Way Up
Slightly volatile
  
Understanding current and past Greenlane Renewables Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Greenlane Renewables' financial statements are interrelated, with each one affecting the others. For example, an increase in Greenlane Renewables' assets may result in an increase in income on the income statement.

Greenlane Renewables Stock Summary

Greenlane Renewables competes with Converge Technology, and WELL Health. Greenlane Renewables Inc. designs, develops, sells, and services a range of biogas upgrading systems worldwide. Greenlane Renewables Inc. was founded in 1986 and is headquartered in Burnaby, Canada. GREENLANE RENEWABLES operates under Pollution Treatment Controls classification in Canada and is traded on Toronto Stock Exchange. It employs 120 people.
Foreign Associate
  USA
Specialization
Industrials, Specialty Industrial Machinery
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA3953321096
Business Address3605 Gilmore Way,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.greenlanerenewables.com
Phone604 259 0343
CurrencyCAD - Canadian Dollar
You should never invest in Greenlane Renewables without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Greenlane Stock, because this is throwing your money away. Analyzing the key information contained in Greenlane Renewables' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Greenlane Renewables Key Financial Ratios

Greenlane Renewables' financial ratios allow both analysts and investors to convert raw data from Greenlane Renewables' financial statements into concise, actionable information that can be used to evaluate the performance of Greenlane Renewables over time and compare it to other companies across industries.

Greenlane Renewables Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets26.6M43.2M78.8M83.4M54.4M52.6M
Other Current Liab3.9M8.2M19.6M20.5M17.8M12.8M
Net Tangible Assets(11.7M)7.6M39.6M27.1M31.1M32.7M
Net Debt9.5M(9.8M)(31.0M)(20.1M)(11.4M)(12.0M)
Retained Earnings(5.2M)(7.7M)(10.2M)(15.7M)(45.3M)(43.0M)
Accounts Payable978K670K633K3.9M3.0M1.7M
Cash2.3M16.4M31.5M21.4M13.4M15.7M
Net Receivables3.8M6.1M27.2M27.6M24.2M16.3M
Long Term Debt Total11.6M461K217K967K870.3K826.8K
Capital Surpluse1.5M1.5M2.4M4.3M4.9M5.2M
Other Current Assets576K1.1M1.7M1.3M1.7M1.2M
Total Liab18.9M17.3M22.3M29.9M29.1M21.5M
Net Invested Capital18.7M31.8M56.5M53.5M61.5M35.4M
Total Current Assets6.2M24.1M61.1M53.0M41.4M34.2M
Capital Stock11.3M31.9M64.1M65.3M75.0M38.1M
Net Working Capital(938K)7.4M39.1M27.2M31.3M16.1M
Short Term Debt186K6.2M242K268K232K220.4K
Common Stock11.3M31.9M64.1M65.3M65.8M43.8M

Greenlane Renewables Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision(275K)(78K)(76K)16K481K505.1K
Net Interest Income(446K)(495K)75K250K701K736.1K
Interest Expense446K495K87K109K84K162.8K
Total Revenue9.1M22.5M55.4M71.2M57.8M39.6M
Gross Profit3.3M6.4M12.9M14.9M12.0M9.1M
Operating Income(2.7M)(3.6M)(2.2M)(7.9M)(13.2M)(12.5M)
Ebit(5.0M)(3.6M)(1.8M)(7.0M)(13.2M)(12.5M)
Ebitda(4.1M)(2.1M)(233K)(4.7M)(10.8M)(10.3M)
Cost Of Revenue5.9M16.1M42.5M56.3M45.8M30.5M
Income Before Tax(5.3M)(2.5M)(2.5M)(5.5M)(28.5M)(27.1M)
Net Income(5.1M)(2.5M)(2.5M)(5.5M)(29.6M)(28.1M)
Income Tax Expense(275K)(78K)(76K)16K1.1M1.2M

Greenlane Renewables Key Cash Accounts

201920202021202220232024 (projected)
Investments(2.3M)(53K)(217K)(9.9M)319K335.0K
Change In Cash1.7M14.2M15.0M(10.1M)(9.7M)(9.2M)
Free Cash Flow(2.9M)(2.1M)(10.7M)(475K)(9.3M)(8.8M)
Other Non Cash Items1.8M(1.1M)16K(2.3M)21.7M22.7M
Net Income(5.1M)(2.5M)(2.5M)(5.5M)(29.6M)(28.1M)
End Period Cash Flow2.3M16.4M31.5M21.4M13.4M15.7M
Change To Netincome2.1M(809K)1.0M(1.0M)(909K)(863.6K)

Greenlane Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Greenlane Renewables's current stock value. Our valuation model uses many indicators to compare Greenlane Renewables value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Greenlane Renewables competition to find correlations between indicators driving Greenlane Renewables's intrinsic value. More Info.
Greenlane Renewables is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, Greenlane Renewables' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Greenlane Renewables by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Greenlane Renewables' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Greenlane Renewables Systematic Risk

Greenlane Renewables' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Greenlane Renewables volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Greenlane Renewables correlated with the market. If Beta is less than 0 Greenlane Renewables generally moves in the opposite direction as compared to the market. If Greenlane Renewables Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Greenlane Renewables is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Greenlane Renewables is generally in the same direction as the market. If Beta > 1 Greenlane Renewables moves generally in the same direction as, but more than the movement of the benchmark.

Greenlane Renewables Total Assets Over Time

Today, most investors in Greenlane Renewables Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Greenlane Renewables' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Greenlane Renewables growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.00152)

At this time, Greenlane Renewables' Price Earnings To Growth Ratio is very stable compared to the past year.

Greenlane Renewables November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Greenlane Renewables help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Greenlane Renewables. We use our internally-developed statistical techniques to arrive at the intrinsic value of Greenlane Renewables based on widely used predictive technical indicators. In general, we focus on analyzing Greenlane Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Greenlane Renewables's daily price indicators and compare them against related drivers.

Other Information on Investing in Greenlane Stock

Greenlane Renewables financial ratios help investors to determine whether Greenlane Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenlane with respect to the benefits of owning Greenlane Renewables security.