Growth Metrics

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% on a QoQ basis from $1.6 million in Q4 2023.

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

  • Quarterly Interest Expenses fell 6.58% year-over-year to $1.3 million in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $1.3 million (down 80.86% YoY) and the FY2023 annual result came in at $7.0 million, up 257.38% from the prior year.
  • Interest Expenses declined to $1.3 million in Q1 2024 per GLRE's latest filing, from $1.6 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $2.4 million in Q3 2023 and bottomed at $181000.0 in Q4 2021.
  • The 5-year median for Interest Expenses is $1.5 million (2021), against an average of $1.2 million.
  • The widest annual swing landed in 2021, when Interest Expenses plunged 88.53%; it then soared 457.81% in 2023.
  • Tracing GLRE's Interest Expenses over 5 years: stood at $1.6 million in 2020, then sank by 88.53% to $181000.0 in 2021, then surged by 314.92% to $751000.0 in 2022, then jumped by 110.65% to $1.6 million in 2023, then fell by 15.68% to $1.3 million in 2024.
  • Per Business Quant, the three latest GLRE Interest Expenses figures stand at $1.3 million (Q1 2024), $1.6 million (Q4 2023), and $2.4 million (Q3 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Everest 14.15 Bn -33.10 Bn 2.75 Bn 36.00 Mn
2 Reinsurance Group Of America 13.91 Bn 4.92 Bn -26.00 Mn 99.00 Mn
3 Renaissancere Holdings 12.54 Bn 14.14 Bn 1.21 Bn 31.79 Mn
4 Hamilton Insurance 3.14 Bn 2.33 Bn - 4.80 Mn
5 SiriusPoint 2.72 Bn 1.83 Bn 567.70 Mn 16.80 Mn
6 Greenlight Capital Re 577.91 Mn 502.82 Mn 62.99 Mn -
7 Oxbridge Re Holdings 8.03 Mn 7.22 Mn - -

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
Sep 30, 2021 205,000.00
Sep 30, 2021 205,000.00
Jun 30, 2021 1.56 Mn
Jun 30, 2021 1.56 Mn
Mar 31, 2021 1.54 Mn
Mar 31, 2021 1.54 Mn
Dec 31, 2020 1.58 Mn
Dec 31, 2020 1.58 Mn
Sep 30, 2020 1.58 Mn
Sep 30, 2020 1.58 Mn
Jun 30, 2020 1.56 Mn
Jun 30, 2020 1.56 Mn
Mar 31, 2020 1.56 Mn
Mar 31, 2020 1.56 Mn
Dec 31, 2019 1.58 Mn
Dec 31, 2019 1.58 Mn
Sep 30, 2019 1.58 Mn
Sep 30, 2019 1.58 Mn
Jun 30, 2019 1.56 Mn
Jun 30, 2019 1.56 Mn
Mar 31, 2019 1.54 Mn
Mar 31, 2019 1.54 Mn
Dec 31, 2018 1.58 Mn
Dec 31, 2018 1.58 Mn
Sep 30, 2018 927,000.00
Sep 30, 2018 927,000.00