Greenidge Generation Holdings (GREE) Interest Expenses (2020 - 2024)

Greenidge Generation Holdings (GREE) reported Interest Expenses of $1.8 million for Q1 2024, down 49.62% year-over-year from $3.6 million in Q2 2023, and down 39.5% quarter-over-quarter from $3.0 million in Q4 2023.

Greenidge Generation Holdings (GREE) Interest Expenses (2020 - 2024) Analysis & Trends

Greenidge Generation Holdings (GREE) has 5 years of Interest Expenses data on file, last reported at $1.8 million in Q1 2024.

  • Interest Expenses for Q1 2024 came in at $1.8 million, down 49.62% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.8 million (down 85.83% YoY), and the FY2023 annual result was $12.7 million, down 41.2% from the prior year.
  • Interest Expenses slipped to $1.8 million in Q1 2024 per GREE's latest filing, from $3.0 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $6.9 million in Q2 2022 and troughed at $60000.0 in Q4 2020.
  • A 5-year average of $3.0 million and a median of $3.0 million in 2023 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2021 and 2023: Interest Expenses jumped 3715.0% in 2021, then slumped 54.9% in 2023.
  • A 5-year view of Interest Expenses shows it stood at $60000.0 in 2020, then jumped by 3715.0% to $2.3 million in 2021, then surged by 158.1% to $5.9 million in 2022, then plunged by 49.64% to $3.0 million in 2023, then sank by 39.5% to $1.8 million in 2024.
  • Business Quant data shows GREE's Interest Expenses at $1.8 million in Q1 2024, $3.0 million in Q4 2023, and $3.0 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 12.57 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 17.08 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 818.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn -
6 Interactive Brokers 38.91 Bn 49.50 Bn - 1.04 Bn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 100.29 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 624,000.00
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn -
10 Greenidge Generation Holdings 23.29 Mn 16.24 Mn 7.83 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 1.80 Mn
Mar 31, 2024 1.80 Mn
Dec 31, 2023 2.98 Mn
Dec 31, 2023 2.98 Mn
Sep 30, 2023 3.04 Mn
Sep 30, 2023 3.04 Mn
Jun 30, 2023 3.11 Mn
Jun 30, 2023 3.11 Mn
Mar 31, 2023 3.57 Mn
Mar 31, 2023 3.57 Mn
Dec 31, 2022 5.91 Mn
Dec 31, 2022 5.91 Mn
Sep 30, 2022 5.40 Mn
Sep 30, 2022 5.40 Mn
Jun 30, 2022 6.90 Mn
Jun 30, 2022 6.90 Mn
Mar 31, 2022 3.40 Mn
Mar 31, 2022 3.40 Mn
Dec 31, 2021 2.29 Mn
Dec 31, 2021 2.29 Mn