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

Greenidge Generation Holdings (GREEL) 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 (GREEL) 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 GREEL 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 - - 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