Greenlane Renewables Shares Outstanding vs. Return On Asset
| GRN Stock | CAD 0.1 0.01 13.64% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.2487 |
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For Greenlane Renewables profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenlane Renewables to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenlane Renewables utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenlane Renewables's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenlane Renewables over time as well as its relative position and ranking within its peers.
Greenlane |
Greenlane Renewables Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greenlane Renewables's current stock value. Our valuation model uses many indicators to compare Greenlane Renewables value to that of its competitors to determine the firm's financial worth. Greenlane Renewables is one of the top stocks in shares outstanding category among its peers. It also is one of the top stocks in return on asset category among its peers . As of the 17th of December 2024, Return On Assets is likely to grow to -0.52. Comparative valuation analysis is a catch-all model that can be used if you cannot value Greenlane Renewables by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Greenlane Renewables' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Greenlane Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Greenlane Renewables |
| = | 154.25 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Greenlane Renewables |
| = | -0.063 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Greenlane Return On Asset Comparison
Greenlane Renewables is currently under evaluation in return on asset category among its peers.
Greenlane Renewables Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greenlane Renewables, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenlane Renewables will eventually generate negative long term returns. The profitability progress is the general direction of Greenlane Renewables' change in net profit over the period of time. It can combine multiple indicators of Greenlane Renewables, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -153 K | -145.3 K | |
| Net Interest Income | 701 K | 736 K | |
| Operating Income | -13.2 M | -12.5 M | |
| Net Loss | -13.6 M | -12.9 M | |
| Income Before Tax | -28.5 M | -27.1 M | |
| Total Other Income Expense Net | -15.3 M | -14.5 M | |
| Net Loss | -5 M | -5.2 M | |
| Net Loss | -29.6 M | -28.1 M | |
| Income Tax Expense | 1.1 M | 1.2 M | |
| Interest Income | 791 K | 961.6 K | |
| Change To Netincome | -909 K | -863.5 K | |
| Net Loss | (0.19) | (0.18) | |
| Income Quality | 0.30 | 0.29 | |
| Net Income Per E B T | 1.04 | 0.79 |
Greenlane Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greenlane Renewables. 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 Renewables 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 Renewables' important profitability drivers and their relationship over time.
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Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 39 constituents at this time.
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Other Information on Investing in Greenlane Stock
To fully project Greenlane Renewables' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greenlane Renewables 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 Renewables' income statement, its balance sheet, and the statement of cash flows.