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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRNW.F's short term assets (CA$37.2M) exceed its short term liabilities (CA$25.5M).
Long Term Liabilities: GRNW.F's short term assets (CA$37.2M) exceed its long term liabilities (CA$2.4M).
Debt to Equity History and Analysis
Debt Level: GRNW.F is debt free.
Reducing Debt: GRNW.F 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: GRNW.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GRNW.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.2% each year