Greenidge Generation Holdings (GREE) Interest Expenses (2020 - 2024)
Greenidge Generation Holdings (GREE) posted quarterly Interest Expenses of $1.8 million for Q1 2024, down 49.62% YoY from $3.6 million in Q2 2023, and down 39.5% sequentially from $3.0 million in Q4 2023.
Greenidge Generation Holdings (GREE) Interest Expenses (2020 - 2024) Analysis & Trends
Greenidge Generation Holdings has disclosed Interest Expenses across 5 years of filings, most recently posting $1.8 million for Q1 2024.
- In Q1 2024, Interest Expenses fell 49.62% year-over-year to $1.8 million; the TTM figure through Dec 2024 stood at $1.8 million (down 85.83% YoY), while the FY2023 annual figure was $12.7 million, down 41.2% from the prior year.
- Interest Expenses declined to $1.8 million in Q1 2024, from $3.0 million in the prior quarter.
- Over the last five years, Interest Expenses for GREE reached as high as $6.9 million in Q2 2022 and fell as low as $60000.0 in Q4 2020.
- The 5-year median for Interest Expenses is $3.0 million (2023), against an average of $3.0 million.
- Annual changes were most pronounced in 2021 — Interest Expenses jumped 3715.0% — and 2023, when it plunged 54.9%.
- 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 slumped by 49.64% to $3.0 million in 2023, then tumbled by 39.5% to $1.8 million in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered $1.8 million, $3.0 million, and $3.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 12.57 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 17.08 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 818.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 100.29 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 624,000.00 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 14.84 Mn |
| 10 | Greenidge Generation Holdings | 26.96 Mn | 19.91 Mn | 7.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |