Greenidge Generation Financials

GREE Stock  USD 0.85  0.03  3.14%   
Based on the analysis of Greenidge Generation's profitability, liquidity, and operating efficiency, Greenidge Generation Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, Greenidge Generation's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 248.5 M, whereas Other Current Liabilities is forecasted to decline to about 11.9 M. Key indicators impacting Greenidge Generation's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.271.34
Notably Down
Slightly volatile
The financial analysis of Greenidge Generation is a critical element in measuring its lifeblood. Investors should not minimize Greenidge Generation's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(27.89 Million)

  
Understanding current and past Greenidge Generation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Greenidge Generation's financial statements are interrelated, with each one affecting the others. For example, an increase in Greenidge Generation's assets may result in an increase in income on the income statement.
Please note, the presentation of Greenidge Generation's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Greenidge Generation's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Greenidge Generation's management manipulating its earnings.

Greenidge Generation Stock Summary

Greenidge Generation competes with Cipher Mining, Terawulf, Iris Energy, Argo Blockchain, and Bitfarms. Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company was founded in 1937 and is based in Fairfield, Connecticut. Greenidge Generations operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 467 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS39531G1004
CUSIP39531G100 39531G308
LocationConnecticut; U.S.A
Business Address135 Rennell Drive,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitegreenidge.com
Phone315 536 2359
CurrencyUSD - US Dollar

Greenidge Generation Key Financial Ratios

Greenidge Generation Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets65.4M341.3M163.8M71.2M81.9M153.7M
Other Current Liab2.8M12.4M22.0M17.5M20.1M11.9M
Net Debt3.2M13.2M137.1M55.4M63.7M46.2M
Retained Earnings(24.9M)(69.4M)(340.5M)(370.0M)(333.0M)(316.3M)
Accounts Payable1.7M5.7M9.6M3.5M4.0M5.0M
Cash5.1M82.6M15.2M13.3M15.3M28.1M
Long Term Debt1.4M75.3M84.6M68.7M79.0M52.3M
Net Receivables390K237K3.5M1.2M1.4M1.2M
Inventory155K9.1M12.7M1.01.151.09
Other Current Assets2.3M17.3M14.3M9.9M11.4M9.8M
Total Liab21.0M128.8M210.8M122.2M140.5M111.3M
Net Invested Capital52.6M94.8M105.3M17.7M15.9M15.1M
Total Current Assets14.5M100.6M33.1M24.4M28.1M42.2M
Capital Stock69.3M4K5K1K900.0855.0
Net Working Capital2.1M58.9M(65.7M)3.5M3.1M1.6M
Common Stock69.3M4K5K1K900.0855.0

Greenidge Generation Key Income Statement Accounts

202020212022202320242025 (projected)
Net Interest Income(664K)(3.7M)(21.6M)(15.6M)(14.0M)(13.3M)
Interest Expense664K3.7M21.6M12.7M14.6M8.6M
Total Revenue20.1M107.3M90.0M70.4M80.9M64.3M
Gross Profit7.5M73.5M30.1M19.4M22.3M28.6M
Operating Income(2.7M)33.9M(58.6M)(16.9M)(15.2M)(16.0M)
Ebit(3.0M)33.2M(233.2M)(16.4M)(14.7M)(15.5M)
Ebitda1.9M45.4M(181.3M)(2.8M)(2.5M)(2.6M)
Cost Of Revenue12.6M33.8M59.8M51.0M58.7M35.7M
Income Before Tax(3.3M)(44.1M)(254.7M)(29.0M)(26.1M)(27.4M)
Net Income(3.8M)(44.5M)(269.7M)(29.5M)(26.6M)(27.9M)
Income Tax Expense546K408K15.0M69.8M80.3M84.3M

Greenidge Generation Key Cash Accounts

202020212022202320242025 (projected)
Investments(10.6M)(136.5M)(121.4M)(9.6M)(8.7M)(9.1M)
Change In Cash(6.7M)77.5M(67.4M)(1.9M)(1.7M)(1.6M)
Free Cash Flow(4.0M)(123.5M)(147.4M)(25.2M)(22.7M)(23.8M)
Depreciation4.6M8.9M35.1M13.6M15.6M14.0M
Other Non Cash Items249K72.5M197.3M(42K)(48.3K)(45.9K)
Capital Expenditures4.6M163.6M133.0M13.0M15.0M14.2M
Net Income(3.3M)(44.5M)(269.7M)(29.0M)(26.1M)(27.4M)
End Period Cash Flow5.1M82.6M15.2M13.3M15.3M28.1M

Greenidge Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Greenidge Generation's current stock value. Our valuation model uses many indicators to compare Greenidge Generation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Greenidge Generation competition to find correlations between indicators driving Greenidge Generation's intrinsic value. More Info.
Greenidge Generation Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Greenidge Generation's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Greenidge Generation by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Greenidge Generation Systematic Risk

Greenidge Generation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Greenidge Generation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Greenidge Generation correlated with the market. If Beta is less than 0 Greenidge Generation generally moves in the opposite direction as compared to the market. If Greenidge Generation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Greenidge Generation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Greenidge Generation is generally in the same direction as the market. If Beta > 1 Greenidge Generation moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Greenidge Generation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Greenidge Generation's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Greenidge Generation growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0197

At present, Greenidge Generation's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Greenidge Generation March 26, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Greenidge Generation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Greenidge Generation Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Greenidge Generation Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Greenidge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Greenidge Generation's daily price indicators and compare them against related drivers.

Complementary Tools for Greenidge Stock analysis

When running Greenidge Generation's price analysis, check to measure Greenidge Generation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greenidge Generation is operating at the current time. Most of Greenidge Generation's value examination focuses on studying past and present price action to predict the probability of Greenidge Generation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenidge Generation's price. Additionally, you may evaluate how the addition of Greenidge Generation to your portfolios can decrease your overall portfolio volatility.
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