Greenlane Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Greenlane Holdings has a total shareholder equity of $182.4M and total debt of $12.9M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $264.6M and $82.2M respectively.
Key information
7.1%
Debt to equity ratio
US$12.93m
Debt
Interest coverage ratio | n/a |
Cash | US$9.13m |
Equity | US$182.40m |
Total liabilities | US$82.17m |
Total assets | US$264.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G67's short term assets ($113.8M) exceed its short term liabilities ($69.0M).
Long Term Liabilities: G67's short term assets ($113.8M) exceed its long term liabilities ($13.2M).
Debt to Equity History and Analysis
Debt Level: G67's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: G67's debt to equity ratio has reduced from 22.7% to 7.1% over the past 5 years.
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: G67 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: G67 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.3% each year