Greenlane Asset Turnover vs Total Assets Analysis

GNLN Stock

USD 1.19 0.02 1.65%

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 Asset Turnover and its Total Assets 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 closely tied 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.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlane Holdings Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Greenlane Holdings' Asset Turnover and Total Assets is -0.85. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets 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' Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Greenlane Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Greenlane Holdings' Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of Greenlane Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Greenlane Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 closely tied 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.Tax Provision is expected to grow at the current pace this year, while Selling General Administrative is likely to drop about 23 M.

	2021	2022	2024	2025 (projected)
Total Operating Expenses	80.4M	81.4M	24.2M	23.0M
Cost Of Revenue	138.4M	112.1M	67.2M	117.5M

Total Operating Expenses Cost Of 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		0.99	0.89	0.87	0.44	-0.2	0.73	0.55	0.27	0.55	0.95	0.74	0.21	0.94	0.83	0.51	0.78	-0.71	0.54	0.95	0.73	0.64	-0.47	0.62	0.65	0.99
Other Current Liab	0.99		0.91	0.82	0.41	-0.21	0.8	0.55	0.34	0.55	0.96	0.7	0.29	0.94	0.79	0.5	0.83	-0.74	0.49	0.95	0.69	0.62	-0.54	0.63	0.7	0.98
Total Current Liabilities	0.89	0.91		0.76	0.59	-0.44	0.92	0.38	0.42	0.38	0.87	0.63	0.37	0.96	0.89	0.67	0.9	-0.83	0.71	0.85	0.8	0.79	-0.61	0.78	0.73	0.9
Total Stockholder Equity	0.87	0.82	0.76		0.62	-0.3	0.53	0.14	0.03	0.14	0.75	0.69	-0.07	0.76	0.79	0.63	0.56	-0.46	0.68	0.67	0.83	0.76	-0.16	0.57	0.42	0.79
Net Tangible Assets	0.44	0.41	0.59	0.62		-0.9	0.42	-0.12	0.02	-0.12	0.23	0.15	-0.08	0.57	0.62	0.97	0.34	-0.58	0.89	0.33	0.78	0.93	-0.16	0.87	0.19	0.38
Retained Earnings	-0.2	-0.21	-0.44	-0.3	-0.9		-0.39	0.16	-0.26	0.16	-0.04	0.18	-0.16	-0.43	-0.41	-0.93	-0.32	0.65	-0.76	-0.18	-0.55	-0.79	0.35	-0.88	-0.25	-0.2
Accounts Payable	0.73	0.8	0.92	0.53	0.42	-0.39		0.33	0.62	0.33	0.8	0.44	0.59	0.86	0.72	0.54	0.93	-0.81	0.53	0.75	0.58	0.62	-0.76	0.7	0.81	0.77
Cash	0.55	0.55	0.38	0.14	-0.12	0.16	0.33		0.08	1.0	0.54	0.31	0.11	0.53	0.32	-0.06	0.35	-0.48	-0.13	0.76	0.03	-0.05	-0.32	0.2	0.24	0.61
Long Term Debt	0.27	0.34	0.42	0.03	0.02	-0.26	0.62	0.08		0.08	0.44	0.05	0.98	0.42	0.15	0.23	0.75	-0.64	0.19	0.34	0.16	0.24	-0.95	0.42	0.9	0.38
Cash And Short Term Investments	0.55	0.55	0.38	0.14	-0.12	0.16	0.33	1.0	0.08		0.54	0.31	0.11	0.53	0.32	-0.06	0.35	-0.48	-0.13	0.76	0.03	-0.05	-0.32	0.2	0.24	0.61
Net Receivables	0.95	0.96	0.87	0.75	0.23	-0.04	0.8	0.54	0.44	0.54		0.77	0.41	0.89	0.71	0.34	0.86	-0.67	0.41	0.91	0.62	0.51	-0.59	0.49	0.77	0.96
Good Will	0.74	0.7	0.63	0.69	0.15	0.18	0.44	0.31	0.05	0.31	0.77		0.04	0.6	0.53	0.14	0.51	-0.24	0.44	0.59	0.69	0.44	-0.13	0.2	0.4	0.71
Long Term Debt Total	0.21	0.29	0.37	-0.07	-0.08	-0.16	0.59	0.11	0.98	0.11	0.41	0.04		0.37	0.09	0.12	0.73	-0.58	0.11	0.3	0.06	0.15	-0.93	0.34	0.87	0.33
Inventory	0.94	0.94	0.96	0.76	0.57	-0.43	0.86	0.53	0.42	0.53	0.89	0.6	0.37		0.83	0.66	0.88	-0.87	0.65	0.93	0.73	0.75	-0.63	0.8	0.73	0.95
Other Current Assets	0.83	0.79	0.89	0.79	0.62	-0.41	0.72	0.32	0.15	0.32	0.71	0.53	0.09	0.83		0.65	0.69	-0.68	0.7	0.76	0.74	0.73	-0.35	0.69	0.48	0.81
Other Stockholder Equity	0.51	0.5	0.67	0.63	0.97	-0.93	0.54	-0.06	0.23	-0.06	0.34	0.14	0.12	0.66	0.65		0.5	-0.72	0.89	0.42	0.77	0.94	-0.36	0.94	0.38	0.48
Total Liab	0.78	0.83	0.9	0.56	0.34	-0.32	0.93	0.35	0.75	0.35	0.86	0.51	0.73	0.88	0.69	0.5		-0.84	0.52	0.78	0.58	0.6	-0.86	0.68	0.95	0.84
Long Term Investments	-0.71	-0.74	-0.83	-0.46	-0.58	0.65	-0.81	-0.48	-0.64	-0.48	-0.67	-0.24	-0.58	-0.87	-0.68	-0.72	-0.84		-0.59	-0.79	-0.58	-0.69	0.83	-0.9	-0.76	-0.78
Short Long Term Debt	0.54	0.49	0.71	0.68	0.89	-0.76	0.53	-0.13	0.19	-0.13	0.41	0.44	0.11	0.65	0.7	0.89	0.52	-0.59		0.38	0.91	0.96	-0.28	0.83	0.39	0.5
Total Current Assets	0.95	0.95	0.85	0.67	0.33	-0.18	0.75	0.76	0.34	0.76	0.91	0.59	0.3	0.93	0.76	0.42	0.78	-0.79	0.38		0.56	0.5	-0.58	0.61	0.65	0.97
Short Term Debt	0.73	0.69	0.8	0.83	0.78	-0.55	0.58	0.03	0.16	0.03	0.62	0.69	0.06	0.73	0.74	0.77	0.58	-0.58	0.91	0.56		0.93	-0.27	0.75	0.44	0.69
Intangible Assets	0.64	0.62	0.79	0.76	0.93	-0.79	0.62	-0.05	0.24	-0.05	0.51	0.44	0.15	0.75	0.73	0.94	0.6	-0.69	0.96	0.5	0.93		-0.36	0.9	0.47	0.61
Common Stock	-0.47	-0.54	-0.61	-0.16	-0.16	0.35	-0.76	-0.32	-0.95	-0.32	-0.59	-0.13	-0.93	-0.63	-0.35	-0.36	-0.86	0.83	-0.28	-0.58	-0.27	-0.36		-0.59	-0.93	-0.58
Property Plant Equipment	0.62	0.63	0.78	0.57	0.87	-0.88	0.7	0.2	0.42	0.2	0.49	0.2	0.34	0.8	0.69	0.94	0.68	-0.9	0.83	0.61	0.75	0.9	-0.59		0.57	0.64
Short Long Term Debt Total	0.65	0.7	0.73	0.42	0.19	-0.25	0.81	0.24	0.9	0.24	0.77	0.4	0.87	0.73	0.48	0.38	0.95	-0.76	0.39	0.65	0.44	0.47	-0.93	0.57		0.72
Property Plant And Equipment Net	0.99	0.98	0.9	0.79	0.38	-0.2	0.77	0.61	0.38	0.61	0.96	0.71	0.33	0.95	0.81	0.48	0.84	-0.78	0.5	0.97	0.69	0.61	-0.58	0.64	0.72

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Greenlane Holdings Account Relationship Matchups

Greenlane Holdings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	153.5M	122.7M	285.8M	146.1M	38.1M	36.2M
Other Current Liab	9.3M	19.7M	11.9M	8.5M	2.4M	2.3M
Total Current Liabilities	26.3M	41.9M	71.0M	35.7M	26.1M	35.8M
Total Stockholder Equity	22.5M	15.1M	174.5M	95.4M	11.1M	10.6M
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)	(257.3M)	(244.4M)
Accounts Payable	11.3M	18.4M	23.0M	15.0M	12.1M	16.5M
Cash	47.8M	30.4M	12.9M	6.5M	463K	439.9K
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	463K	439.9K
Net Receivables	8.1M	6.3M	14.7M	6.5M	1.7M	1.6M
Inventory	43.4M	36.1M	67.0M	40.6M	20.5M	36.4M
Other Current Assets	24.8M	32.9M	11.1M	24.4M	7.0M	13.4M
Other Stockholder Equity	39.7M	229.7M	266.5M	263.9M	268.1M	281.5M
Total Liab	38.9M	53.4M	89.5M	50.7M	27.1M	52.3M
Short Long Term Debt	182K	11.6M	3.2M	7.3M	8.4M	8.8M
Total Current Assets	115.3M	96.1M	124.7M	76.7M	29.8M	28.3M
Short Term Debt	1.4M	1.3M	14.9M	4.8M	8.2M	4.4M
Intangible Assets	6.3M	5.9M	84.7M	49.3M	56.7M	59.5M
Common Stock	109K	142K	854K	152K	36K	34.2K
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	9.2M	15.5M
Property Plant And Equipment Net	17.9M	15.3M	30.0M	14.5M	4.4M	4.2M
Current Deferred Revenue	3.2M	2.7M	7.9M	4.0M	2.8M	3.9M
Net Debt	(34.3M)	(18.5M)	18.8M	13.3M	8.7M	5.7M
Non Current Assets Total	38.2M	26.6M	161.1M	69.4M	8.3M	7.9M
Non Currrent Assets Other	2.1M	2.0M	4.5M	5.6M	3.9M	3.3M
Other Assets	167K	2.1M	5.1M	122K	140.3K	133.3K
Common Stock Shares Outstanding	5.4K	17.5K	7.5M	68.5K	363.0K	344.8K
Liabilities And Stockholders Equity	153.5M	122.7M	285.8M	146.1M	38.1M	36.2M
Non Current Liabilities Total	12.7M	11.5M	18.5M	15.0M	1.0M	960.5K
Capital Lease Obligations	3.9M	9.5M	3.6M	1.9M	2.2M	3.9M
Net Invested Capital	23.1M	196.8M	111.6M	18.4M	21.2M	20.1M
Property Plant And Equipment Gross	12.2M	30.0M	14.5M	11.0M	12.6M	15.4M
Accumulated Other Comprehensive Income	(72K)	29K	324K	55K	245K	257.3K
Net Working Capital	54.2M	53.8M	41.0M	3.7M	3.3M	3.1M

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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Largest Distributors Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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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 closely tied 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Distributors space 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

(117.59)

Revenue Per Share

22.227

Quarterly Revenue Growth

(0.66)

Return On Assets

(0.17)

Return On Equity

(1.08)

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 Asset Turnover vs Total Assets Analysis

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

Correlation Coefficient

Asset Turnover

Total Assets

Greenlane Holdings fundamental ratios Correlations

Greenlane Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Greenlane Holdings fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Current Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Other Current Liab
Long Term Debt Total	+ 0.98	Long Term Debt
Other Stockholder Equity	+ 0.97	Net Tangible Assets

Common Stock	- 0.95	Long Term Debt
Short Long Term Debt Total	- 0.93	Common Stock
Common Stock	- 0.93	Long Term Debt Total
Other Stockholder Equity	- 0.93	Retained Earnings
Property Plant Equipment	- 0.9	Long Term Investments
Retained Earnings	- 0.9	Net Tangible Assets