Greenlane Renewables Balance Sheet Health
Financial Health criteria checks 6/6
Greenlane Renewables has a total shareholder equity of CA$24.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$48.1M and CA$23.5M respectively. Greenlane Renewables's EBIT is CA$643.0K making its interest coverage ratio -1.9. It has cash and short-term investments of CA$16.6M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -1.9x |
| Cash | CA$16.61m |
| Equity | CA$24.63m |
| Total liabilities | CA$23.50m |
| Total assets | CA$48.12m |
Recent financial health updates
We're Not Very Worried About Greenlane Renewables' (TSE:GRN) Cash Burn Rate
Sep 28
We're Interested To See How Greenlane Renewables (TSE:GRN) Uses Its Cash Hoard To Grow
Jul 20Recent updates
Greenlane Renewables Inc. (TSE:GRN) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Apr 24Greenlane Renewables Inc. (TSE:GRN) Soars 71% But It's A Story Of Risk Vs Reward
Nov 13Benign Growth For Greenlane Renewables Inc. (TSE:GRN) Underpins Stock's 28% Plummet
Sep 24Greenlane Renewables Inc. (TSE:GRN) Doing What It Can To Lift Shares
Mar 28We're Not Very Worried About Greenlane Renewables' (TSE:GRN) Cash Burn Rate
Sep 28Potential Upside For Greenlane Renewables Inc. (TSE:GRN) Not Without Risk
Jul 05Is Greenlane Renewables Inc. (TSE:GRN) Trading At A 31% Discount?
Oct 28Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 32% Below Their Intrinsic Value Estimate
May 15We're Interested To See How Greenlane Renewables (TSE:GRN) Uses Its Cash Hoard To Grow
Jul 20Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 22% Below Their Intrinsic Value Estimate
May 11Financial Position Analysis
Short Term Liabilities: GRN's short term assets (CA$34.7M) exceed its short term liabilities (CA$21.0M).
Long Term Liabilities: GRN's short term assets (CA$34.7M) exceed its long term liabilities (CA$2.5M).
Debt to Equity History and Analysis
Debt Level: GRN is debt free.
Reducing Debt: GRN has no debt compared to 5 years ago when its debt to equity ratio was 47.8%.
Debt Coverage: GRN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/09 15:48 |
| End of Day Share Price | 2025/09/09 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Greenlane Renewables Inc. is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ahmad Shaath | Beacon Securities Limited |
| Yuri Lynk | Canaccord Genuity |
| Nicholas Boychuk | Cormark Securities Inc. |