This page shows Greenlite Ventures Inc (GRNL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Greenlite Ventures Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Greenlite Ventures Inc generates $0.21 in operating cash flow (-$41K OCF vs -$200K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Greenlite Ventures Inc generated $0 in revenue in fiscal year 2012.
Greenlite Ventures Inc reported -$200K in net income in fiscal year 2012. This represents a decrease of 189.3% from the prior year.
Greenlite Ventures Inc earned $-0.01 per diluted share (EPS) in fiscal year 2012. This represents an increase of 0.0% from the prior year.
Greenlite Ventures Inc held $11K in cash against $0 in long-term debt as of fiscal year 2012.
Greenlite Ventures Inc had 98M shares outstanding in fiscal year 2012. This represents an increase of 304.1% from the prior year.
Greenlite Ventures Inc invested $0 in research and development in fiscal year 2012.
GRNL Income Statement
| Metric | Q3'12 | Q2'12 | Q1'12 | Q3'11 | Q2'11 | Q1'11 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | N/A | N/A | $2K0.0% | $2K0.0% | $2K0.0% | $2K0.0% | $2K-41.6% | $4K |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$16K+70.0% | -$55K+64.9% | -$155K-690.2% | -$20K+44.4% | -$35K-128.3% | -$15K-14.7% | -$13K+37.0% | -$21K |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
GRNL Balance Sheet
| Metric | Q3'12 | Q2'12 | Q1'12 | Q3'11 | Q2'11 | Q1'11 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $56K+44.3% | $39K-22.8% | $50K+11.7% | $45K-14.1% | $53K-9.0% | $58K | N/A | N/A |
| Current Assets | $20K+2557.9% | $734-93.2% | $11K+6134.3% | $172-95.5% | $4K-27.2% | $5K | N/A | N/A |
| Cash & Equivalents | $20K+2557.9% | $734-85.3% | $5K+2806.4% | $172-95.5% | $4K-27.2% | $5K-64.8% | $15K+175.0% | $5K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $281K+13.6% | $247K+20.8% | $205K+173.7% | $75K+19.6% | $63K-73.1% | $232K | N/A | N/A |
| Current Liabilities | $281K+13.6% | $247K+20.8% | $205K+173.7% | $75K+19.6% | $63K-73.1% | $232K | N/A | N/A |
| Long-Term Debt | $0 | $0 | N/A | $0 | $0 | $0 | N/A | N/A |
| Total Equity | -$225K-7.9% | -$208K-35.1% | -$154K-420.8% | -$30K-197.2% | -$10K+94.3% | -$175K | N/A | N/A |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GRNL Cash Flow Statement
| Metric | Q3'12 | Q2'12 | Q1'12 | Q3'11 | Q2'11 | Q1'11 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1K+80.4% | -$6K+68.2% | -$20K-127.8% | -$9K+45.7% | -$16K-468.2% | -$3K+73.4% | -$11K+41.8% | -$18K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | $0 | N/A | N/A | $0 | N/A | N/A |
| Financing Cash Flow | $20K+900.0% | $2K-85.2% | $14K+170.0% | $5K-65.5% | $14K | $0-100.0% | $20K+9.1% | $18K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GRNL Financial Ratios
| Metric | Q3'12 | Q2'12 | Q1'12 | Q3'11 | Q2'11 | Q1'11 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -29.1%+110.8pp | -139.8%+167.6pp | -307.5%-264.0pp | -43.5%+23.7pp | -67.2%-40.4pp | -26.8% | N/A | N/A |
| Current Ratio | 0.07+0.1 | 0.00-0.0 | 0.05+0.1 | 0.00-0.1 | 0.06+0.0 | 0.02 | N/A | N/A |
| Debt-to-Equity | 0.000.0 | 0.00+1.3 | -1.33-1.3 | 0.000.0 | 0.00+1.3 | -1.33 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.75), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Greenlite Ventures Inc's annual revenue?
Greenlite Ventures Inc (GRNL) reported $0 in total revenue for fiscal year 2012. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Greenlite Ventures Inc profitable?
No, Greenlite Ventures Inc (GRNL) reported a net income of -$200K in fiscal year 2012.
What is Greenlite Ventures Inc's earnings per share (EPS)?
Greenlite Ventures Inc (GRNL) reported diluted earnings per share of $-0.01 for fiscal year 2012. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Greenlite Ventures Inc have?
As of fiscal year 2012, Greenlite Ventures Inc (GRNL) had $11K in cash and equivalents against $0 in long-term debt.
What is Greenlite Ventures Inc's operating cash flow?
Greenlite Ventures Inc (GRNL) generated -$41K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.
What are Greenlite Ventures Inc's total assets?
Greenlite Ventures Inc (GRNL) had $165K in total assets as of fiscal year 2012, including both current and long-term assets.
How many shares does Greenlite Ventures Inc have outstanding?
Greenlite Ventures Inc (GRNL) had 98M shares outstanding as of fiscal year 2012.
What is Greenlite Ventures Inc's current ratio?
Greenlite Ventures Inc (GRNL) had a current ratio of 0.75 as of fiscal year 2012, which is below 1.0, which may suggest potential liquidity concerns.
What is Greenlite Ventures Inc's debt-to-equity ratio?
Greenlite Ventures Inc (GRNL) had a debt-to-equity ratio of 0.00 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Greenlite Ventures Inc's return on assets (ROA)?
Greenlite Ventures Inc (GRNL) had a return on assets of -121.2% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.
What is Greenlite Ventures Inc's cash runway?
Based on fiscal year 2012 data, Greenlite Ventures Inc (GRNL) had $11K in cash against an annual operating cash burn of $41K. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Greenlite Ventures Inc's Piotroski F-Score?
Greenlite Ventures Inc (GRNL) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Greenlite Ventures Inc's earnings high quality?
Greenlite Ventures Inc (GRNL) has an earnings quality ratio of 0.21x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.