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
Download Data| Date | Value |
|---|---|
| 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 |