Growth Metrics

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

Greenidge Generation Holdings (GREEL) reported Interest Expenses of $1.8 million for Q1 2024, down 49.62% year-over-year from $3.6 million in Q2 2023, and down 39.5% on a QoQ basis from $3.0 million in Q4 2023.

Greenidge Generation Holdings (GREEL) has 5 years of Interest Expenses data on file, last reported at $1.8 million in Q1 2024.

  • Quarterly Interest Expenses fell 49.62% year-over-year to $1.8 million in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $1.8 million (down 85.83% YoY) and the FY2023 annual result came in at $12.7 million, down 41.2% from the prior year.
  • Interest Expenses eased to $1.8 million in Q1 2024 per GREEL's latest filing, from $3.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $6.9 million in Q2 2022 and bottomed at $60000.0 in Q4 2020.
  • The 5-year median for Interest Expenses is $3.0 million (2023), against an average of $3.0 million.
  • The widest annual swing landed in 2021, when Interest Expenses surged 3715.0%; it then plunged 54.9% in 2023.
  • Tracing GREEL's Interest Expenses over 5 years: stood at $60000.0 in 2020, then surged by 3715.0% to $2.3 million in 2021, then soared 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.
  • Per Business Quant, the three latest GREEL Interest Expenses figures stand at $1.8 million (Q1 2024), $3.0 million (Q4 2023), and $3.0 million (Q3 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 12.57 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 17.08 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 818.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn -
5 Interactive Brokers 39.54 Bn 50.13 Bn - 1.04 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 100.29 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 14.84 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 624,000.00
10 Greenidge Generation Holdings - - 7.83 Mn -

Historic Data

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DateValue
Mar 31, 2024 1.80 Mn
Mar 31, 2024 1.80 Mn
Dec 31, 2023 3.00 Mn
Dec 31, 2023 3.00 Mn
Sep 30, 2023 3.04 Mn
Sep 30, 2023 3.04 Mn
Jun 30, 2023 3.10 Mn
Jun 30, 2023 3.10 Mn
Mar 31, 2023 3.57 Mn
Mar 31, 2023 3.57 Mn
Dec 31, 2022 5.88 Mn
Dec 31, 2022 5.88 Mn
Sep 30, 2022 5.43 Mn
Sep 30, 2022 5.43 Mn
Jun 30, 2022 6.91 Mn
Jun 30, 2022 6.91 Mn
Mar 31, 2022 3.40 Mn
Mar 31, 2022 3.40 Mn
Dec 31, 2021 3.67 Mn
Dec 31, 2021 3.67 Mn
Sep 30, 2021 1.01 Mn
Sep 30, 2021 1.01 Mn
Jun 30, 2021 202,000.00
Jun 30, 2021 202,000.00
Mar 31, 2021 166,000.00
Mar 31, 2021 166,000.00
Dec 31, 2020 33,000.00
Dec 31, 2020 33,000.00
Jun 30, 2020 273,000.00
Jun 30, 2020 273,000.00