Greenlight Capital Re (GLRE) Convertible Debt (2018 - 2025)
Greenlight Capital Re (GLRE) posted quarterly Convertible Debt of $4.7 million for Q4 2025, down 92.22% year-over-year from $60.7 million in Q4 2024, and down 86.4% quarter-over-quarter from $34.7 million in Q3 2025.
Greenlight Capital Re (GLRE) Convertible Debt (2018 - 2025) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Convertible Debt for 8 consecutive years, with $4.7 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Convertible Debt fell 92.22% year-over-year to $4.7 million; the TTM figure through Dec 2025 stood at $4.7 million (down 92.22% YoY), while the FY2025 annual figure was $4.7 million, down 92.22% from the prior year.
- Convertible Debt retreated to $4.7 million in Q4 2025 per GLRE's latest filing, from $34.7 million in the prior quarter.
- Across five years, Convertible Debt topped out at $100.9 million in Q2 2022 and bottomed at $4.7 million in Q4 2025.
- Historically, Convertible Debt has averaged $72.5 million across 5 years, with a median of $72.9 million in 2023.
- Annual changes were most pronounced in 2024 — Convertible Debt rose 16.17% — and 2025, when it tumbled 92.22%.
- Greenlight Capital Re's Convertible Debt stood at $98.1 million in 2021, then declined by 17.87% to $80.5 million in 2022, then declined by 9.01% to $73.3 million in 2023, then fell by 17.1% to $60.7 million in 2024, then tumbled by 92.22% to $4.7 million in 2025.
- Business Quant data shows GLRE's Convertible Debt at $4.7 million in Q4 2025, $34.7 million in Q3 2025, and $58.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.72 Mn |
| Sep 30, 2025 | 34.75 Mn |
| Jun 30, 2025 | 58.89 Mn |
| Mar 31, 2025 | 59.83 Mn |
| Dec 31, 2024 | 60.75 Mn |
| Sep 30, 2024 | 62.58 Mn |
| Jun 30, 2024 | 61.60 Mn |
| Mar 31, 2024 | 72.47 Mn |
| Dec 31, 2023 | 73.28 Mn |
| Sep 30, 2023 | 74.88 Mn |
| Jun 30, 2023 | 63.13 Mn |
| Mar 31, 2023 | 62.38 Mn |
| Dec 31, 2022 | 80.53 Mn |
| Sep 30, 2022 | 93.45 Mn |
| Jun 30, 2022 | 100.91 Mn |
| Mar 31, 2022 | 99.75 Mn |
| Dec 31, 2021 | 98.06 Mn |
| Sep 30, 2021 | 96.48 Mn |
| Jun 30, 2021 | 96.90 Mn |
| Mar 31, 2021 | 95.34 Mn |