Greenidge Generation Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Greenidge Generation Holdings has a total shareholder equity of $-58.0M and total debt of $69.5M, which brings its debt-to-equity ratio to -119.8%. Its total assets and total liabilities are $59.9M and $117.9M respectively.
Key information
-119.8%
Debt to equity ratio
US$69.54m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.57m |
| Equity | -US$58.05m |
| Total liabilities | US$117.93m |
| Total assets | US$59.88m |
Recent financial health updates
Recent updates
Greenidge Generation Holdings Inc.'s (NASDAQ:GREE) Low P/S No Reason For Excitement
Dec 21
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 17Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be
Oct 12Greenidge Generation dips 2.3% on CEO transition and prelim Q3 numbers
Oct 07Greenidge Generation mines 301 bitcoins in August
Sep 12Greenidge Grows Bitcoin Miner Count As Price Brakes Profits
Jul 18Greenidge Generation mines 230 bitcoins in June, a M/M jump of 18%
Jul 11These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts
Jun 27Greenidge Generation: Capacity Increases In The Growing Cryptocurrency Market
Apr 05Greenidge Generation: A Grossly Undervalued Bitcoin Mining Company
Dec 07Financial 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 1.4% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:42 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greenidge Generation Holdings Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lucas Pipes | B. Riley Securities, Inc. |
| Suthan Sukumar | Stifel Canada |