Greenlane Renewables Balance Sheet Health
Financial Health criteria checks 6/6
Greenlane Renewables has a total shareholder equity of CA$22.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$50.1M and CA$28.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$15.37m |
| Equity | CA$22.16m |
| Total liabilities | CA$27.97m |
| Total assets | CA$50.13m |
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 20Would Greenlane Renewables (CVE:GRN) Be Better Off With Less Debt?
Dec 20Recent updates
Greenlane 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 11Calculating The Fair Value Of Greenlane Renewables Inc. (CVE:GRN)
Jan 15Would Greenlane Renewables (CVE:GRN) Be Better Off With Less Debt?
Dec 20Financial Position Analysis
Short Term Liabilities: GRN's short term assets (CA$37.2M) exceed its short term liabilities (CA$25.5M).
Long Term Liabilities: GRN's short term assets (CA$37.2M) exceed its long term liabilities (CA$2.4M).
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 126.5%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GRN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GRN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:42 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
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. |