Greenidge Generation Holdings Stock Current Ratio
| GREE Stock | USD 1.91 0.18 10.40% |
Greenidge Generation Holdings fundamentals help investors to digest information that contributes to Greenidge Generation's financial success or failures. It also enables traders to predict the movement of Greenidge Stock. The fundamental analysis module provides a way to measure Greenidge Generation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greenidge Generation stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.34 | 1.27 |
Greenidge | Current Ratio |
Greenidge Generation Holdings Company Current Ratio Analysis
Greenidge Generation's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Greenidge Generation Current Ratio | 0.87 X |
Most of Greenidge Generation's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Greenidge Generation Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Greenidge Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Greenidge Generation is extremely important. It helps to project a fair market value of Greenidge Stock properly, considering its historical fundamentals such as Current Ratio. Since Greenidge Generation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Greenidge Generation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Greenidge Generation's interrelated accounts and indicators.
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Greenidge Current Ratio Historical Pattern
Today, most investors in Greenidge Generation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Greenidge Generation's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Greenidge Generation current ratio as a starting point in their analysis.
Greenidge Generation Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Greenidge Generation Holdings has a Current Ratio of 0.87 times. This is 78.52% lower than that of the Capital Markets sector and 74.26% lower than that of the Financials industry. The current ratio for all United States stocks is 59.72% higher than that of the company.
Greenidge Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenidge Generation's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Greenidge Generation could also be used in its relative valuation, which is a method of valuing Greenidge Generation by comparing valuation metrics of similar companies.Greenidge Generation is currently under evaluation in current ratio category among its peers.
Greenidge Fundamentals
| Return On Equity | -13.71 | ||||
| Return On Asset | -0.0935 | ||||
| Profit Margin | (0.29) % | ||||
| Operating Margin | (0.28) % | ||||
| Current Valuation | 83.81 M | ||||
| Shares Outstanding | 7.94 M | ||||
| Shares Owned By Insiders | 1.43 % | ||||
| Shares Owned By Institutions | 6.28 % | ||||
| Number Of Shares Shorted | 797.9 K | ||||
| Price To Earning | 226.64 X | ||||
| Price To Book | 0.24 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 70.39 M | ||||
| Gross Profit | 73.46 M | ||||
| EBITDA | (2.78 M) | ||||
| Net Income | (29.04 M) | ||||
| Cash And Equivalents | 66.38 M | ||||
| Cash Per Share | 1.58 X | ||||
| Total Debt | 68.71 M | ||||
| Debt To Equity | 1.59 % | ||||
| Current Ratio | 0.87 X | ||||
| Book Value Per Share | (5.59) X | ||||
| Cash Flow From Operations | (12.15 M) | ||||
| Short Ratio | 2.97 X | ||||
| Earnings Per Share | (2.17) X | ||||
| Target Price | 4.0 | ||||
| Number Of Employees | 40 | ||||
| Beta | 3.2 | ||||
| Market Capitalization | 28.6 M | ||||
| Total Asset | 71.18 M | ||||
| Retained Earnings | (369.97 M) | ||||
| Working Capital | 3.46 M | ||||
| Net Asset | 71.18 M |
About Greenidge Generation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenidge Generation Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenidge Generation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenidge Generation Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Greenidge Generation Piotroski F Score and Greenidge Generation Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 | Quarterly Revenue Growth (0.11) | Return On Assets | Return On Equity |
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.