Greenlane Renewables Stock Gross Profit
| GRN Stock | CAD 0.1 0.01 13.64% |
Greenlane Renewables fundamentals help investors to digest information that contributes to Greenlane Renewables' financial success or failures. It also enables traders to predict the movement of Greenlane Stock. The fundamental analysis module provides a way to measure Greenlane Renewables' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greenlane Renewables stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 12 M | 9.1 M | |
| Gross Profit Margin | 0.25 | 0.30 |
Greenlane | Gross Profit |
Greenlane Renewables Company Gross Profit Analysis
Greenlane Renewables' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Greenlane Renewables Gross Profit | 16.81 M |
Most of Greenlane Renewables' fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Greenlane Renewables is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Greenlane Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Greenlane Renewables is extremely important. It helps to project a fair market value of Greenlane Stock properly, considering its historical fundamentals such as Gross Profit. Since Greenlane Renewables' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Greenlane Renewables' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Greenlane Renewables' interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Greenlane Renewables reported 16.81 M of gross profit. This is 99.58% lower than that of the Machinery sector and 75.69% lower than that of the Industrials industry. The gross profit for all Canada stocks is 99.94% higher than that of the company.
Greenlane Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenlane Renewables' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Greenlane Renewables could also be used in its relative valuation, which is a method of valuing Greenlane Renewables by comparing valuation metrics of similar companies.Greenlane Renewables is currently under evaluation in gross profit category among its peers.
Greenlane Fundamentals
| Return On Equity | -0.66 | ||||
| Return On Asset | -0.063 | ||||
| Profit Margin | (0.35) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 3.76 M | ||||
| Shares Outstanding | 154.25 M | ||||
| Shares Owned By Insiders | 8.80 % | ||||
| Shares Owned By Institutions | 2.91 % | ||||
| Number Of Shares Shorted | 19.68 K | ||||
| Price To Book | 0.77 X | ||||
| Price To Sales | 0.27 X | ||||
| Revenue | 57.82 M | ||||
| Gross Profit | 16.81 M | ||||
| EBITDA | (10.81 M) | ||||
| Net Income | (29.58 M) | ||||
| Cash And Equivalents | 21.38 M | ||||
| Cash Per Share | 0.15 X | ||||
| Total Debt | 1.95 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.20 X | ||||
| Book Value Per Share | 0.14 X | ||||
| Cash Flow From Operations | (9.09 M) | ||||
| Short Ratio | 0.07 X | ||||
| Earnings Per Share | (0.13) X | ||||
| Price To Earnings To Growth | (441.67) X | ||||
| Target Price | 0.2 | ||||
| Number Of Employees | 141 | ||||
| Beta | 2.5 | ||||
| Market Capitalization | 16.97 M | ||||
| Total Asset | 54.35 M | ||||
| Retained Earnings | (45.25 M) | ||||
| Working Capital | 27.24 M | ||||
| Net Asset | 54.35 M |
About Greenlane Renewables Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenlane Renewables's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenlane Renewables using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenlane Renewables based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in Greenlane Stock
Greenlane Renewables financial ratios help investors to determine whether Greenlane Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenlane with respect to the benefits of owning Greenlane Renewables security.