Greenlane Holdings Inc (GNLN) - Net Assets
Based on the latest financial reports, Greenlane Holdings Inc (GNLN) has net assets worth $11.01 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.64 Million) and total liabilities ($6.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Greenlane Holdings Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.01 Million |
| % of Total Assets | 62.44% |
| Annual Growth Rate | -2.11% |
| 5-Year Change | -90.93% |
| 10-Year Change | N/A |
| Growth Volatility | 112.21 |
Greenlane Holdings Inc - Net Assets Trend (2016–2024)
This chart illustrates how Greenlane Holdings Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see GNLN market cap overview.
Annual Net Assets for Greenlane Holdings Inc (2016–2024)
The table below shows the annual net assets of Greenlane Holdings Inc from 2016 to 2024. Also explore net asset growth rate of Greenlane Holdings Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.28 Million | -83.89% |
| 2023-12-31 | $38.99 Million | -59.11% |
| 2022-12-31 | $95.36 Million | -51.44% |
| 2021-12-31 | $196.36 Million | +183.53% |
| 2020-12-31 | $69.26 Million | -39.55% |
| 2019-12-31 | $114.56 Million | +1135.92% |
| 2018-12-31 | $-11.06 Million | -217.70% |
| 2017-12-31 | $9.40 Million | +26.14% |
| 2016-12-31 | $7.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greenlane Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 22173.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.00K | 0.33% |
| Other Comprehensive Income | $265.00K | 4.12% |
| Other Components | $281.07 Million | 4370.61% |
| Total Equity | $6.43 Million | 100.00% |
Greenlane Holdings Inc Competitors by Market Cap
The table below lists competitors of Greenlane Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bt Brands Inc
NASDAQ:BTBD
|
$7.02 Million |
|
Tokyo Lifestyle Co., Ltd.
NASDAQ:TKLF
|
$7.02 Million |
|
Compagnie des Eaux de Royan
PA:MLEDR
|
$7.02 Million |
|
Gaming Factory S.A.
WAR:GIF
|
$7.03 Million |
|
iQSTEL Inc.
NASDAQ:IQST
|
$7.01 Million |
|
GENSOL ENGINEERING ORD (BSE)
NSE:GENSOL
|
$7.00 Million |
|
Pioneer Embroideries Limited
NSE:PIONEEREMB
|
$7.00 Million |
|
Raize Servicos de Gestao SA
LS:MLRZE
|
$7.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenlane Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,973,000 to 6,431,000, a change of -32,542,000 (-83.5%).
- Net loss of 17,640,000 reduced equity.
- New share issuances of 5,640,000 increased equity.
- Other comprehensive income increased equity by 210,000.
- Other factors decreased equity by 20,752,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.64 Million | -274.3% |
| Share Issuances | $5.64 Million | +87.7% |
| Other Comprehensive Income | $210.00K | +3.27% |
| Other Changes | $-20.75 Million | -322.69% |
| Total Change | $- | -83.50% |
Book Value vs Market Value Analysis
This analysis compares Greenlane Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $1176720.22 | $2.78 | x |
| 2017-12-31 | $1484333.81 | $2.78 | x |
| 2018-12-31 | $-1747077.41 | $2.78 | x |
| 2019-12-31 | $3656585.37 | $2.78 | x |
| 2020-12-31 | $2080801.10 | $2.78 | x |
| 2021-12-31 | $7461650.28 | $2.78 | x |
| 2022-12-31 | $12.66 | $2.78 | x |
| 2023-12-31 | $426961.00 | $2.78 | x |
| 2024-12-31 | $3982.04 | $2.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenlane Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -274.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -132.88%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 4.45x
- Recent ROE (-274.30%) is below the historical average (-117.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.17% | 0.13% | 4.17x | 2.15x | $-657.88K |
| 2017 | 24.39% | 2.60% | 2.98x | 3.15x | $1.35 Million |
| 2018 | 0.00% | -3.29% | 2.29x | 0.00x | $-4.78 Million |
| 2019 | -128.14% | -15.58% | 1.21x | 6.83x | $-31.06 Million |
| 2020 | -96.36% | -10.50% | 1.13x | 8.14x | $-16.02 Million |
| 2021 | -17.52% | -18.42% | 0.58x | 1.64x | $-48.04 Million |
| 2022 | -131.98% | -91.81% | 0.94x | 1.53x | $-135.39 Million |
| 2023 | -434.94% | -123.65% | 1.53x | 2.30x | $-173.41 Million |
| 2024 | -274.30% | -132.88% | 0.46x | 4.45x | $-18.28 Million |
Industry Comparison
This section compares Greenlane Holdings Inc's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $3,408,898,392
- Average return on equity (ROE) among peers: 62.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenlane Holdings Inc (GNLN) | $11.01 Million | 1.17% | 0.60x | $7.01 Million |
| Air Global PLC Ordinary Shares (AIIR) | $152.28 Million | 22.41% | 3.31x | $1.15 Billion |
| Hempacco Co., Inc. (HPCO) | $-779.33K | 0.00% | 0.00x | $1.18K |
| Ispire Technology Inc. Common Stock (ISPR) | $11.77 Million | -15.93% | 7.56x | $74.62 Million |
| Kaival Brands Innovations Group Inc (KAVL) | $-44.89K | 0.00% | 0.00x | $243.64K |
| Altria Group (MO) | $15.30 Billion | 50.15% | 3.01x | $114.13 Billion |
| Philip Morris International Inc (PM) | $1.76 Billion | 487.29% | 19.13x | $295.47 Billion |
| RLX Technology Inc (RLX) | $13.52 Billion | 14.98% | 0.21x | $1.58 Billion |
| RYTHM, Inc. (RYM) | $-6.45 Million | 0.00% | 0.00x | $44.86 Million |
| Turning Point Brands Inc (TPB) | $-63.43 Million | 0.00% | 0.00x | $1.36 Billion |
About Greenlane Holdings Inc
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, Europe, and Latin America. The company offers vaporizers, pipes, rolling papers and packaging, grinders, other inhalation devices, storage solutions, and apparel lines. It offers its products under the Groove, Eyce, DaVinci, Higher Standa… Read more