Greenidge Generation Holdings Inc.

NasdaqGS:GREE Stock Report

Market Cap: US$33.1m

Greenidge Generation Holdings Balance Sheet Health

Financial Health criteria checks 0/6

Greenidge Generation Holdings has a total shareholder equity of $-46.9M and total debt of $69.0M, which brings its debt-to-equity ratio to -147.2%. Its total assets and total liabilities are $74.6M and $121.4M respectively.

Key information

-147.2%

Debt to equity ratio

US$68.97m

Debt

Interest coverage ration/a
CashUS$14.34m
Equity-US$46.86m
Total liabilitiesUS$121.43m
Total assetsUS$74.57m

Recent financial health updates

Recent updates

Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 17
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be

Oct 12
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be

Greenidge Generation dips 2.3% on CEO transition and prelim Q3 numbers

Oct 07

Greenidge Generation mines 301 bitcoins in August

Sep 12

Greenidge Grows Bitcoin Miner Count As Price Brakes Profits

Jul 18

Greenidge Generation mines 230 bitcoins in June, a M/M jump of 18%

Jul 11

These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts

Jun 27
These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts

Greenidge Generation: Capacity Increases In The Growing Cryptocurrency Market

Apr 05

Greenidge Generation: A Grossly Undervalued Bitcoin Mining Company

Dec 07

Financial Position Analysis

Short Term Liabilities: GREE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GREE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GREE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GREE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GREE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GREE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.2% each year


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