Greenlight Capital Re (GLRE) Interest Expenses (2018 - 2024)
Greenlight Capital Re (GLRE) recorded Interest Expenses of $1.33 million in Q1 2024, down 6.6% from $1.43 million a year earlier and down 15.7% from the prior quarter.
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Analysis
Greenlight Capital Re (GLRE) Interest Expenses (2018 - 2024) Analysis & Trends
On a TTM basis, Greenlight Capital Re's Interest Expenses came in at $6.88 million as of Mar 31, 2024, up 120.2% year-over-year; for FY2023, it was $6.97 million, up 257.4% from FY2022.
- Annual Interest Expenses has a five-year compound annual growth rate of 22.7% (FY2018 to FY2023).
- Across earlier years, Interest Expenses came in at $1.95 million in FY2022 (+84.8%), $1.06 million in FY2021 (-83.2%), $6.28 million in FY2020 (+0.3%) and $6.26 million in FY2019 (+150.0%).
- The Q1 2024 figure is the lowest quarterly Interest Expenses since Q4 2022.
- On a year-over-year basis, Interest Expenses rose in four of the last seven quarters, with growth averaging 152.1%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 457.8% in Q1 2023, against a decline of 83.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.58 million (Q4 2023), $2.38 million (Q3 2023) and $1.58 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 1.34 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 200.00 Mn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 88.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 250.00 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 113.00 Mn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | -280.50 Mn |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 3.07 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 179.00 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 168.00 Mn |
| 10 | Greenlight Capital Re | 476.78 Mn | -244.55 Mn | 49.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.33 Mn |
| Dec 31, 2023 | 1.58 Mn |
| Sep 30, 2023 | 2.38 Mn |
| Jun 30, 2023 | 1.58 Mn |
| Mar 31, 2023 | 1.43 Mn |
| Dec 31, 2022 | 751,000.00 |
| Sep 30, 2022 | 464,000.00 |
| Jun 30, 2022 | 479,000.00 |
| Mar 31, 2022 | 256,000.00 |
| Dec 31, 2021 | -3.63 Mn |
| Sep 30, 2021 | 1.58 Mn |
| Jun 30, 2021 | 1.56 Mn |
| Mar 31, 2021 | 1.54 Mn |
| Dec 31, 2020 | 1.58 Mn |
| Sep 30, 2020 | 1.58 Mn |
| Jun 30, 2020 | 1.56 Mn |
| Mar 31, 2020 | 1.56 Mn |
| Dec 31, 2019 | 1.58 Mn |
| Sep 30, 2019 | 1.58 Mn |
| Jun 30, 2019 | 1.56 Mn |
API Access
Greenlight Capital Re Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=GLRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "GLRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=GLRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();