Greenlane Holdings Price To Sales vs. Price To Book

GNLN Stock  USD 1.75  0.03  1.74%   
Based on Greenlane Holdings' profitability indicators, Greenlane Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Greenlane Holdings' ability to earn profits and add value for shareholders.

Greenlane Holdings Price To Sales Ratio

0.0301

At this time, Greenlane Holdings' Days Sales Outstanding is very stable compared to the past year. As of the 5th of December 2024, Days Of Sales Outstanding is likely to grow to 13.13, while Price To Sales Ratio is likely to drop 0.03. At this time, Greenlane Holdings' Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 5th of December 2024, Interest Income is likely to grow to about 15.7 M, though Operating Income is likely to grow to (48.2 M).
For Greenlane Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenlane Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenlane Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenlane Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenlane Holdings over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(119.64)
Revenue Per Share
61.566
Quarterly Revenue Growth
(0.86)
Return On Assets
(0.23)
Return On Equity
(1.42)
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Greenlane Holdings Price To Book vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Greenlane Holdings's current stock value. Our valuation model uses many indicators to compare Greenlane Holdings value to that of its competitors to determine the firm's financial worth.
Greenlane Holdings is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in price to book category among its peers fabricating about  3.05  of Price To Book per Price To Sales. At this time, Greenlane Holdings' Price To Sales Ratio is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Greenlane Holdings' earnings, one of the primary drivers of an investment's value.

Greenlane Price To Book vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Greenlane Holdings

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.08 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Greenlane Holdings

P/B

 = 

MV Per Share

BV Per Share

 = 
0.24 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Greenlane Price To Book Comparison

Greenlane Holdings is currently under evaluation in price to book category among its peers.

Greenlane Holdings Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Greenlane Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenlane Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Greenlane Holdings' change in net profit over the period of time. It can combine multiple indicators of Greenlane Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income63.2 K66.4 K
Interest Income15 M15.7 M
Operating Income-50.7 M-48.2 M
Net Loss-32.3 M-33.9 M
Income Before Tax-113.3 M-107.6 M
Total Other Income Expense Net1.9 MM
Net Loss-27.5 M-26.1 M
Net Loss-113.3 M-107.6 M
Income Tax Expense-11.7 K-11.1 K
Net Interest Income-5.5 M-5.2 M
Change To Netincome-16.1 M-15.3 M
Net Loss(88.64)(93.07)
Income Quality 0.06  0.05 
Net Income Per E B T 1.00  0.66 

Greenlane Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Greenlane Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Greenlane Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Greenlane Holdings' important profitability drivers and their relationship over time.

Use Greenlane Holdings in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greenlane Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greenlane Holdings will appreciate offsetting losses from the drop in the long position's value.

Greenlane Holdings Pair Trading

Greenlane Holdings Pair Trading Analysis

The ability to find closely correlated positions to Greenlane Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greenlane Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greenlane Holdings to buy it.
The correlation of Greenlane Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greenlane Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greenlane Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Greenlane Holdings position

In addition to having Greenlane Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Greenlane Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenlane Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenlane Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenlane Holdings Stock:
Check out Risk vs Return Analysis.
To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
To fully project Greenlane Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greenlane Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Greenlane Holdings' income statement, its balance sheet, and the statement of cash flows.
Potential Greenlane Holdings investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Greenlane Holdings investors may work on each financial statement separately, they are all related. The changes in Greenlane Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Greenlane Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.