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% quarter-over-quarter from 1.86 in Q4 2023.

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

Greenidge Generation Holdings (GREEL) has 5 years of Interest Coverage Ratio data on file, last reported at 0.96 in Q1 2024.

  • Interest Coverage Ratio for Q1 2024 came in at 0.96, up 39.68% year-over-year; the trailing twelve-month figure through Dec 2024 was 6.36 (down 378.21% YoY), and the FY2023 annual result was 1.33, up 87.68% from the prior year.
  • Interest Coverage Ratio slipped to 0.96 in Q1 2024 per GREEL's latest filing, from 1.86 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 26.42 in Q2 2021 and troughed at 21.84 in Q4 2022.
  • A 5-year average of 0.13 and a median of 1.59 in 2023 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2021 and 2023: Interest Coverage Ratio surged 285.72% in 2021, then plunged 544.2% in 2023.
  • 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 slumped by 233.4% to 21.84 in 2022, then jumped by 108.51% to 1.86 in 2023, then plunged by 151.44% to 0.96 in 2024.
  • Business Quant data shows GREEL's Interest Coverage Ratio at 0.96 in Q1 2024, 1.86 in Q4 2023, and 3.33 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.56
3 Goldman Sachs 333.85 Bn -603.70 Bn - 1.38
4 Schwab Charles 160.31 Bn 115.33 Bn - 4.90
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn -
6 Interactive Brokers 42.79 Bn 53.38 Bn - 2.23
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 5.83
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 460.34
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -15.74
10 Greenidge Generation Holdings - - 7.83 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -0.96
Dec 31, 2023 1.86
Sep 30, 2023 -3.33
Jun 30, 2023 -2.13
Mar 31, 2023 -1.59
Dec 31, 2022 -21.84
Sep 30, 2022 -3.45
Jun 30, 2022 -12.57
Mar 31, 2022 0.36
Dec 31, 2021 16.37
Jun 30, 2021 26.42
Mar 31, 2021 11.36
Dec 31, 2020 -8.82