Greenlane Renewables Balance Sheet Health
Financial Health criteria checks 4/6
Greenlane Renewables has a total shareholder equity of CA$24.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$59.6M and CA$35.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.22m |
| Equity | CA$24.23m |
| Total liabilities | CA$35.36m |
| Total assets | CA$59.59m |
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) 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 20The Greenlane Renewables (CVE:GRN) Share Price Has Soared 419%, Delighting Many Shareholders
Nov 24Financial Position Analysis
Short Term Liabilities: GRN's short term assets (CA$46.6M) exceed its short term liabilities (CA$32.6M).
Long Term Liabilities: GRN's short term assets (CA$46.6M) exceed its long term liabilities (CA$2.8M).
Debt to Equity History and Analysis
Debt Level: GRN is debt free.
Reducing Debt: GRN had no debt 5 years ago.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GRN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.