Greenidge Cash Ratio from 2010 to 2024

GREE Stock  USD 2.41  0.18  8.07%   
Greenidge Generation's Cash Ratio is decreasing over the years with slightly volatile fluctuation. Cash Ratio is expected to dwindle to 0.60. During the period from 2010 to 2024 Greenidge Generation Cash Ratio annual values regression line had geometric mean of  1.47 and mean square error of  0.27. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.6345998
Current Value
0.6
Quarterly Volatility
1.06714409
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Greenidge Generation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenidge Generation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.6 M, Interest Expense of 8.6 M or Selling General Administrative of 23.6 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0754 or Days Sales Outstanding of 5.99. Greenidge financial statements analysis is a perfect complement when working with Greenidge Generation Valuation or Volatility modules.
  
Check out the analysis of Greenidge Generation Correlation against competitors.

Latest Greenidge Generation's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Greenidge Generation Holdings over the last few years. It is Greenidge Generation's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenidge Generation's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Greenidge Cash Ratio Regression Statistics

Arithmetic Mean1.93
Geometric Mean1.47
Coefficient Of Variation55.35
Mean Deviation0.91
Median1.98
Standard Deviation1.07
Sample Variance1.14
Range2.7963
R-Value(0.88)
Mean Square Error0.27
R-Squared0.78
Significance0.000012
Slope(0.21)
Total Sum of Squares15.94

Greenidge Cash Ratio History

2024 0.6
2023 0.63
2022 0.15
2021 1.98
2020 0.41
2019 1.47
2018 1.58

About Greenidge Generation Financial Statements

Greenidge Generation stakeholders use historical fundamental indicators, such as Greenidge Generation's Cash Ratio, to determine how well the company is positioned to perform in the future. Although Greenidge Generation investors may analyze each financial statement separately, they are all interrelated. For example, changes in Greenidge Generation's assets and liabilities are reflected in the revenues and expenses on Greenidge Generation's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Greenidge Generation Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.63  0.60 

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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 the analysis of Greenidge Generation Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.