Greenlane Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Greenlane Holdings has a total shareholder equity of $6.0M and total debt of $4.9M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are $32.9M and $27.0M respectively.
Key information
82.4%
Debt to equity ratio
US$4.91m
Debt
| Interest coverage ratio | n/a |
| Cash | US$169.00k |
| Equity | US$5.95m |
| Total liabilities | US$26.98m |
| Total assets | US$32.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G670's short term assets ($25.4M) do not cover its short term liabilities ($26.4M).
Long Term Liabilities: G670's short term assets ($25.4M) exceed its long term liabilities ($554.0K).
Debt to Equity History and Analysis
Debt Level: G670's net debt to equity ratio (79.5%) is considered high.
Reducing Debt: G670's debt to equity ratio has increased from 6.3% to 82.4% 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: G670 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: G670 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.