Greenidge Income Quality from 2010 to 2024

GREEL Stock  USD 10.40  0.05  0.48%   
Greenidge Generation Income Quality yearly trend continues to be quite stable with very little volatility. Income Quality may rise above 0.46 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.41857502
Current Value
0.46
Quarterly Volatility
0.77387176
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Greenidge Generation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenidge Generation's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0754 or Days Sales Outstanding of 5.99. Greenidge financial statements analysis is a perfect complement when working with Greenidge Generation Valuation or Volatility modules.
  
Check out the analysis of Greenidge Generation Correlation against competitors.

Latest Greenidge Generation's Income Quality Growth Pattern

Below is the plot of the Income Quality of Greenidge Generation Holdings over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Greenidge Generation's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenidge Generation's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Greenidge Income Quality Regression Statistics

Arithmetic Mean0.35
Coefficient Of Variation220.68
Mean Deviation0.45
Median0.20
Standard Deviation0.77
Sample Variance0.60
Range3.6553
R-Value(0.06)
Mean Square Error0.64
R-Squared0
Significance0.84
Slope(0.01)
Total Sum of Squares8.38

Greenidge Income Quality History

2024 0.46
2023 0.42
2022 0.0537
2021 -0.9
2020 -0.17
2019 0.81
2018 -0.0875

About Greenidge Generation Financial Statements

Greenidge Generation investors utilize fundamental indicators, such as Income Quality, to predict how Greenidge Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Quality 0.42  0.46 

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When determining whether Greenidge Generation is a strong investment it is important to analyze Greenidge Generation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenidge Generation's future performance. For an informed investment choice regarding Greenidge Stock, refer to the following important reports:
Check out the analysis of Greenidge Generation Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenidge Generation. If investors know Greenidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenidge Generation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Greenidge Generation is measured differently than its book value, which is the value of Greenidge that is recorded on the company's balance sheet. Investors also form their own opinion of Greenidge Generation's value that differs from its market value or its book value, called intrinsic value, which is Greenidge Generation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenidge Generation's market value can be influenced by many factors that don't directly affect Greenidge Generation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenidge Generation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenidge Generation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenidge Generation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.