Greenidge Historical Income Statement

GREE Stock  USD 2.16  0.04  1.89%   
Historical analysis of Greenidge Generation income statement accounts such as Selling General Administrative of 23.6 M or Total Revenue of 64.3 M can show how well Greenidge Generation Holdings performed in making a profits. Evaluating Greenidge Generation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Greenidge Generation's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Greenidge Generation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Greenidge Generation is a good buy for the upcoming year.
  
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.

About Greenidge Income Statement Analysis

Greenidge Generation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Greenidge Generation shareholders. The income statement also shows Greenidge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Greenidge Generation Income Statement Chart

At present, Greenidge Generation's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 688.8 K, whereas Interest Expense is forecasted to decline to about 8.6 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Greenidge Generation's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 688.8 K, whereas Interest Expense is forecasted to decline to about 8.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M21.6M12.7M8.6M
Depreciation And Amortization12.2M51.8M16.0M19.1M

Greenidge Generation income statement Correlations

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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.