Greenidge Payout Ratio vs Dividend Yield Analysis

GREE Stock  USD 2.41  0.18  8.07%   
Greenidge Generation financial indicator trend analysis is much more than just examining Greenidge Generation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenidge Generation is a good investment. Please check the relationship between Greenidge Generation Payout Ratio and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenidge Generation Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Payout Ratio vs Dividend Yield

Payout Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenidge Generation Payout Ratio account and Dividend Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Greenidge Generation's Payout Ratio and Dividend Yield is -0.8. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Greenidge Generation Holdings, assuming nothing else is changed. The correlation between historical values of Greenidge Generation's Payout Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Greenidge Generation Holdings are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Payout Ratio i.e., Greenidge Generation's Payout Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Payout Ratio

Payout Ratio is the proportion of Greenidge Generation Holdings earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Greenidge Generation dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Greenidge Generation is paying out more in dividends than it makes in net income.

Dividend Yield

Dividend Yield is Greenidge Generation Holdings dividend as a percentage of Greenidge Generation stock price. Greenidge Generation dividend yield is a measure of Greenidge Generation stock productivity, which can be interpreted as interest rate earned on an Greenidge Generation investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Greenidge Generation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenidge Generation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Greenidge Generation Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At present, Greenidge Generation's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M21.6M12.7M8.6M
Depreciation And Amortization12.2M51.8M13.6M18.6M

Greenidge Generation fundamental ratios Correlations

0.670.550.570.640.60.550.99-0.540.31-0.180.630.951.00.930.920.690.910.290.45-0.07-0.590.610.80.820.64
0.670.950.96-0.140.850.870.73-0.760.9-0.790.980.450.70.430.340.960.370.880.710.39-0.910.950.870.930.91
0.550.950.86-0.260.940.940.6-0.870.89-0.90.860.350.580.360.240.970.250.870.880.61-0.960.980.710.920.96
0.570.960.86-0.20.680.730.65-0.680.93-0.710.990.30.620.270.20.840.220.930.580.2-0.780.830.890.820.76
0.64-0.14-0.26-0.2-0.12-0.20.580.11-0.510.6-0.140.790.610.770.86-0.080.82-0.51-0.18-0.560.18-0.180.210.11-0.11
0.60.850.940.68-0.120.920.62-0.790.73-0.820.720.480.610.50.380.960.370.680.870.73-0.940.970.610.90.98
0.550.870.940.73-0.20.920.56-0.870.73-0.90.760.430.550.470.330.940.370.70.860.66-0.990.950.540.920.95
0.990.730.60.650.580.620.56-0.570.4-0.230.70.91.00.870.860.720.850.390.48-0.08-0.610.650.870.840.66
-0.54-0.76-0.87-0.680.11-0.79-0.87-0.57-0.650.76-0.65-0.36-0.56-0.43-0.31-0.8-0.31-0.67-0.96-0.450.84-0.81-0.53-0.85-0.79
0.310.90.890.93-0.510.730.730.4-0.65-0.850.90.030.360.01-0.080.81-0.070.990.640.47-0.770.840.720.710.77
-0.18-0.79-0.9-0.710.6-0.82-0.9-0.230.76-0.85-0.7-0.01-0.21-0.050.1-0.830.06-0.82-0.79-0.780.89-0.88-0.39-0.71-0.84
0.630.980.860.99-0.140.720.760.7-0.650.9-0.70.390.670.350.290.880.320.890.560.23-0.810.860.910.860.81
0.950.450.350.30.790.480.430.9-0.360.03-0.010.390.920.990.990.540.99-0.010.3-0.09-0.460.450.580.670.51
1.00.70.580.620.610.610.551.0-0.560.36-0.210.670.920.90.890.710.870.350.47-0.08-0.60.630.840.830.65
0.930.430.360.270.770.50.470.87-0.430.01-0.050.350.990.90.990.540.98-0.030.38-0.04-0.490.450.530.690.53
0.920.340.240.20.860.380.330.86-0.31-0.080.10.290.990.890.990.430.99-0.110.24-0.18-0.350.340.520.590.41
0.690.960.970.84-0.080.960.940.72-0.80.81-0.830.880.540.710.540.430.450.770.80.56-0.970.990.760.970.99
0.910.370.250.220.820.370.370.85-0.31-0.070.060.320.990.870.980.990.45-0.10.22-0.17-0.390.350.50.610.42
0.290.880.870.93-0.510.680.70.39-0.670.99-0.820.89-0.010.35-0.03-0.110.77-0.10.630.41-0.740.80.720.690.72
0.450.710.880.58-0.180.870.860.48-0.960.64-0.790.560.30.470.380.240.80.220.630.65-0.840.830.430.80.83
-0.070.390.610.2-0.560.730.66-0.08-0.450.47-0.780.23-0.09-0.08-0.04-0.180.56-0.170.410.65-0.640.63-0.040.390.66
-0.59-0.91-0.96-0.780.18-0.94-0.99-0.610.84-0.770.89-0.81-0.46-0.6-0.49-0.35-0.97-0.39-0.74-0.84-0.64-0.98-0.62-0.94-0.97
0.610.950.980.83-0.180.970.950.65-0.810.84-0.880.860.450.630.450.340.990.350.80.830.63-0.980.710.940.99
0.80.870.710.890.210.610.540.87-0.530.72-0.390.910.580.840.530.520.760.50.720.43-0.04-0.620.710.80.67
0.820.930.920.820.110.90.920.84-0.850.71-0.710.860.670.830.690.590.970.610.690.80.39-0.940.940.80.94
0.640.910.960.76-0.110.980.950.66-0.790.77-0.840.810.510.650.530.410.990.420.720.830.66-0.970.990.670.94
Click cells to compare fundamentals

Greenidge Generation Account Relationship Matchups

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenidge Generation Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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.