Greenidge Generation Holdings (GREEL) Interest Coverage Ratio (2020 - 2024)

Greenidge Generation Holdings has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 0.96 for Q1 2024.

• In Q1 2024, Interest Coverage Ratio rose 39.68% year-over-year to 0.96; the TTM figure through Dec 2024 stood at 6.36 (down 378.21% YoY), while the FY2023 annual figure was 1.33, up 87.68% from the prior year.
• Interest Coverage Ratio declined to 0.96 in Q1 2024, from 1.86 in the prior quarter.
• Over the last five years, Interest Coverage Ratio for GREEL reached as high as 26.42 in Q2 2021 and fell as low as 21.84 in Q4 2022.
• The 5-year median for Interest Coverage Ratio is 1.59 (2023), against an average of 0.13.
• Annual changes were most pronounced in 2021 — Interest Coverage Ratio surged 285.72% — and 2023, when it slumped 544.2%.
• A 5-year view of Interest Coverage Ratio shows it stood at 8.82 in 2020, then surged by 285.72% to 16.37 in 2021, then plunged by 233.4% to 21.84 in 2022, then jumped by 108.51% to 1.86 in 2023, then slumped by 151.44% to 0.96 in 2024.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.96, 1.86, and 3.33 for Q1 2024, Q4 2023, and Q3 2023 respectively.