Greenidge Generation Holdings Stock Current Asset
| GREE Stock | USD 1.90 0.01 0.53% |
Greenidge Generation Holdings fundamentals help investors to digest information that contributes to Greenidge Generation's financial success or failures. It also enables traders to predict the movement of Greenidge Stock. The fundamental analysis module provides a way to measure Greenidge Generation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greenidge Generation stock.
The current year's Total Current Assets is expected to grow to about 42.2 M, whereas Non Current Assets Total are forecasted to decline to about 44.4 M. Greenidge | Current Asset |
Greenidge Generation Holdings Company Current Asset Analysis
Greenidge Generation's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Greenidge Current Asset Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Greenidge Generation current asset as a starting point in their analysis.
Greenidge Generation Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Greenidge Total Assets
Total Assets |
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In accordance with the recently published financial statements, Greenidge Generation Holdings has a Current Asset of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Greenidge Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenidge Generation's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Greenidge Generation could also be used in its relative valuation, which is a method of valuing Greenidge Generation by comparing valuation metrics of similar companies.Greenidge Generation is currently under evaluation in current asset category among its peers.
Greenidge Generation Current Valuation Drivers
We derive many important indicators used in calculating different scores of Greenidge Generation from analyzing Greenidge Generation's financial statements. These drivers represent accounts that assess Greenidge Generation's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Greenidge Generation's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 448.5M | 455.9M | 202.0M | 354.3M | 407.5M | 458.4M | |
| Enterprise Value | 430.4M | 430.7M | 203.0M | 357.5M | 411.1M | 443.1M |
Greenidge Fundamentals
| Return On Equity | -13.71 | ||||
| Return On Asset | -0.0935 | ||||
| Profit Margin | (0.29) % | ||||
| Operating Margin | (0.28) % | ||||
| Current Valuation | 83.58 M | ||||
| Shares Outstanding | 7.94 M | ||||
| Shares Owned By Insiders | 1.43 % | ||||
| Shares Owned By Institutions | 6.28 % | ||||
| Number Of Shares Shorted | 1.29 M | ||||
| Price To Earning | 226.64 X | ||||
| Price To Book | 0.24 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 70.39 M | ||||
| Gross Profit | 73.46 M | ||||
| EBITDA | (2.78 M) | ||||
| Net Income | (29.04 M) | ||||
| Cash And Equivalents | 66.38 M | ||||
| Cash Per Share | 1.58 X | ||||
| Total Debt | 68.71 M | ||||
| Debt To Equity | 1.59 % | ||||
| Current Ratio | 0.87 X | ||||
| Book Value Per Share | (5.59) X | ||||
| Cash Flow From Operations | (12.15 M) | ||||
| Short Ratio | 2.97 X | ||||
| Earnings Per Share | (2.17) X | ||||
| Target Price | 4.0 | ||||
| Number Of Employees | 40 | ||||
| Beta | 3.2 | ||||
| Market Capitalization | 28.6 M | ||||
| Total Asset | 71.18 M | ||||
| Retained Earnings | (369.97 M) | ||||
| Working Capital | 3.46 M | ||||
| Net Asset | 71.18 M |
About Greenidge Generation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenidge Generation Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenidge Generation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenidge Generation Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Greenidge Generation Piotroski F Score and Greenidge Generation Altman Z Score analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Asset Management & Custody Banks 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.
Earnings Share (2.17) | Revenue Per Share 8.49 | Quarterly Revenue Growth (0.11) | Return On Assets (0.09) | Return On Equity (13.71) |
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.