Greenlight Historical Income Statement
| GLRE Stock | USD 14.93 0.10 0.67% |
Historical analysis of Greenlight Capital income statement accounts such as Gross Profit of 655.5 M or Other Operating Expenses of 37 M can show how well Greenlight Capital Re performed in making a profits. Evaluating Greenlight Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Greenlight Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Greenlight Capital latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Greenlight Capital is a good buy for the upcoming year.
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About Greenlight Income Statement Analysis
Greenlight Capital Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Greenlight Capital shareholders. The income statement also shows Greenlight investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Greenlight Capital Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Greenlight Capital generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Greenlight Capital Re minus its cost of goods sold. It is profit before Greenlight Capital operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Greenlight Capital. It is also known as Greenlight Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Greenlight Capital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Greenlight Capital Re is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Greenlight Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Greenlight Capital current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Greenlight Capital's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 647.1 M, whereas Other Operating Expenses is forecasted to decline to about 37 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 571.3M | 414.6M | 624.3M | 655.5M | Total Revenue | 571.3M | 414.6M | 624.3M | 408.3M |
Greenlight Capital income statement Correlations
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Greenlight Capital Account Relationship Matchups
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Greenlight Capital income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 6.3M | 6.3M | 17.9M | 10.9M | 8.0M | 8.4M | |
| Total Revenue | 492.1M | 479.7M | 571.3M | 414.6M | 624.3M | 408.3M | |
| Gross Profit | 492.1M | 479.7M | 571.3M | 414.6M | 624.3M | 655.5M | |
| Other Operating Expenses | 495.6M | 475.4M | 550.0M | 459.1M | 38.9M | 37.0M | |
| Operating Income | (5.8M) | 1.1M | 22.2M | 73.3M | 616.3M | 647.1M | |
| Ebit | (5.8M) | 5.3M | 39.2M | 73.3M | 174.3M | 183.0M | |
| Ebitda | (3.5M) | 5.3M | 39.3M | 73.3M | 86.8M | 91.2M | |
| Total Operating Expenses | (497.9M) | (478.5M) | (549.1M) | 11.1B | 38.9M | 37.0M | |
| Net Income | (4.0M) | 3.9M | 17.6M | 25.3M | 86.8M | 91.2M | |
| Income Tax Expense | 483K | 424K | 3.7M | (816K) | 100K | 105K | |
| Depreciation And Amortization | 2.4M | 21K | 16K | 79K | (87.4M) | (83.1M) | |
| Cost Of Revenue | 625.8M | (22.4M) | 505.6M | 624.0M | 717.6M | 753.5M | |
| Income Before Tax | (3.5M) | 4.3M | 21.3M | 24.5M | 86.9M | 91.3M | |
| Total Other Income Expense Net | 2.3M | 9.6M | (18.0M) | (476.2M) | (529.4M) | (502.9M) | |
| Net Income Applicable To Common Shares | (4.0M) | 3.9M | 17.6M | 25.3M | 22.8M | 23.9M | |
| Selling General Administrative | 29.8M | 26.4M | 16.5M | 17.8M | 23.7M | 20.2M | |
| Net Income From Continuing Ops | (4.0M) | 3.9M | 17.6M | 25.3M | 104.0M | 109.2M | |
| Tax Provision | 483K | 424K | 3.7M | (816K) | 118K | 112.1K | |
| Interest Income | 11.3M | 3.5M | 1.7M | 4.5M | 28.6M | 30.0M | |
| Net Interest Income | (6.3M) | (6.3M) | (17.9M) | (10.9M) | (4.8M) | (5.0M) |
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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 Greenlight Capital is a strong investment it is important to analyze Greenlight Capital'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 Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Reinsurance 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 Greenlight Capital. If investors know Greenlight 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 Greenlight Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.59 | Earnings Share 2.53 | Revenue Per Share 20.548 | Quarterly Revenue Growth 0.079 | Return On Assets 0.033 |
The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital'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 Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital'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 Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital'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.