Greenidge Generation Holdings (GREEL) Interest Coverage Ratio (2020 - 2024)
Greenidge Generation Holdings (GREEL) reported Interest Coverage Ratio of 0.96 for Q1 2024, up 39.68% year-over-year from 0.68 in Q2 2023, and down 151.44% on a QoQ basis from 1.86 in Q4 2023.
Greenidge Generation Holdings (GREEL) has 5 years of Interest Coverage Ratio data on file, last reported at 0.96 in Q1 2024.
- Quarterly Interest Coverage Ratio rose 39.68% year-over-year to 0.96 in Q1 2024, while the trailing twelve-month figure through Dec 2024 was 6.36 (down 378.21% YoY) and the FY2023 annual result came in at 1.33, up 87.68% from the prior year.
- Interest Coverage Ratio eased to 0.96 in Q1 2024 per GREEL's latest filing, from 1.86 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 26.42 in Q2 2021 and bottomed at 21.84 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 1.59 (2023), against an average of 0.13.
- The widest annual swing landed in 2021, when Interest Coverage Ratio soared 285.72%; it then slumped 544.2% in 2023.
- Tracing GREEL's Interest Coverage Ratio over 5 years: stood at 8.82 in 2020, then soared by 285.72% to 16.37 in 2021, then plunged by 233.4% to 21.84 in 2022, then surged by 108.51% to 1.86 in 2023, then slumped by 151.44% to 0.96 in 2024.
- Per Business Quant, the three latest GREEL Interest Coverage Ratio figures stand at 0.96 (Q1 2024), 1.86 (Q4 2023), and 3.33 (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.56 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 1.38 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.90 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 2.23 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 5.83 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -15.74 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 460.34 |
| 10 | Greenidge Generation Holdings | - | - | 7.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -0.96 |
| Dec 31, 2023 | 1.84 |
| Sep 30, 2023 | -3.33 |
| Jun 30, 2023 | -2.14 |
| Mar 31, 2023 | -1.59 |
| Dec 31, 2022 | -21.94 |
| Sep 30, 2022 | -3.43 |
| Jun 30, 2022 | -12.55 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 10.22 |
| Sep 30, 2021 | -11.76 |
| Jun 30, 2021 | 26.16 |
| Mar 31, 2021 | 11.36 |
| Dec 31, 2020 | -16.03 |
| Jun 30, 2020 | -0.84 |