Greenlight Capital Re (GLRE) Interest Expenses (2018 - 2024)

Greenlight Capital Re (GLRE) reported Interest Expenses of $1.3 million for Q1 2024, down 6.58% year-over-year from $1.4 million in Q2 2023, and down 15.68% quarter-over-quarter from $1.6 million in Q4 2023.

Greenlight Capital Re (GLRE) Interest Expenses (2018 - 2024) Analysis & Trends

Greenlight Capital Re (GLRE) has 7 years of Interest Expenses data on file, last reported at $1.3 million in Q1 2024.

  • Interest Expenses for Q1 2024 came in at $1.3 million, down 6.58% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.3 million (down 80.86% YoY), and the FY2023 annual result was $7.0 million, up 257.38% from the prior year.
  • Interest Expenses eased to $1.3 million in Q1 2024 per GLRE's latest filing, from $1.6 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $2.4 million in Q3 2023 and troughed at $181000.0 in Q4 2021.
  • A 5-year average of $1.2 million and a median of $1.5 million in 2021 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2021 and 2023: Interest Expenses slumped 88.53% in 2021, then surged 457.81% in 2023.
  • A 5-year view of Interest Expenses shows it stood at $1.6 million in 2020, then tumbled by 88.53% to $181000.0 in 2021, then jumped by 314.92% to $751000.0 in 2022, then soared by 110.65% to $1.6 million in 2023, then decreased by 15.68% to $1.3 million in 2024.
  • Business Quant data shows GLRE's Interest Expenses at $1.3 million in Q1 2024, $1.6 million in Q4 2023, and $2.4 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Reinsurance Group Of America 13.65 Bn 4.66 Bn -26.00 Mn 99.00 Mn
2 Everest 13.51 Bn -33.73 Bn 2.75 Bn 36.00 Mn
3 Renaissancere Holdings 12.72 Bn 14.32 Bn 1.21 Bn 31.79 Mn
4 Hamilton Insurance 3.17 Bn 2.36 Bn - 4.80 Mn
5 SiriusPoint 2.73 Bn 1.85 Bn 567.70 Mn 16.80 Mn
6 Greenlight Capital Re 540.25 Mn 465.17 Mn 62.99 Mn -
7 Kestrel 91.87 Mn 65.07 Mn 7.94 Mn -
8 Oxbridge Re Holdings 7.74 Mn 6.93 Mn - -
9 Reinsurance Group Of America - - -26.00 Mn 99.00 Mn
10 Oxbridge Re Holdings - - - -

Historic Data

Download Data
DateValue
Mar 31, 2024 1.33 Mn
Mar 31, 2024 1.33 Mn
Dec 31, 2023 1.58 Mn
Dec 31, 2023 1.58 Mn
Sep 30, 2023 2.38 Mn
Sep 30, 2023 2.38 Mn
Jun 30, 2023 1.58 Mn
Jun 30, 2023 1.58 Mn
Mar 31, 2023 1.43 Mn
Mar 31, 2023 1.43 Mn
Dec 31, 2022 751,000.00
Dec 31, 2022 751,000.00
Sep 30, 2022 464,000.00
Sep 30, 2022 464,000.00
Jun 30, 2022 479,000.00
Jun 30, 2022 479,000.00
Mar 31, 2022 256,000.00
Mar 31, 2022 256,000.00
Dec 31, 2021 181,000.00
Dec 31, 2021 181,000.00