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| Date | Value |
|---|---|
| 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 |