Greenidge Generation Holdings Inc (GREE) - Net Assets
Based on the latest financial reports, Greenidge Generation Holdings Inc (GREE) has net assets worth $-49.41 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.57 Million) and total liabilities ($99.97 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Greenidge Generation Holdings Inc (GREE) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-49.41 Million |
| % of Total Assets | -97.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | -225.69% |
| 10-Year Change | N/A |
| Growth Volatility | 148.34 |
Greenidge Generation Holdings Inc - Net Assets Trend (2015–2024)
This chart illustrates how Greenidge Generation Holdings Inc's net assets have evolved over time, based on quarterly financial data. Also explore GREE total asset value for the complete picture of this company's asset base.
Annual Net Assets for Greenidge Generation Holdings Inc (2015–2024)
The table below shows the annual net assets of Greenidge Generation Holdings Inc from 2015 to 2024. For live valuation and market cap data, see Greenidge Generation Holdings Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-55.75 Million | -9.27% |
| 2023-12-31 | $-51.02 Million | -8.45% |
| 2022-12-31 | $-47.05 Million | -122.15% |
| 2021-12-31 | $212.42 Million | +378.86% |
| 2020-12-31 | $44.36 Million | +33.75% |
| 2019-12-31 | $33.17 Million | -30.75% |
| 2018-12-31 | $47.90 Million | -15.17% |
| 2017-12-31 | $56.46 Million | -1.48% |
| 2016-12-31 | $57.31 Million | -19.68% |
| 2015-12-31 | $71.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greenidge Generation Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 20322300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Other Comprehensive Income | $-348.00K | % |
| Other Components | $334.33 Million | % |
| Total Equity | $-55.75 Million | 100.00% |
Greenidge Generation Holdings Inc Competitors by Market Cap
The table below lists competitors of Greenidge Generation Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KDA Group Inc
V:KDA
|
$16.18 Million |
|
LEXINGTO GOLD NEW DL-003
F:XX40
|
$16.19 Million |
|
Observe Medical Asa
OL:OBSRV
|
$16.19 Million |
|
QMINES LTD
F:81V
|
$16.19 Million |
|
Praxis Home Retail Limited
NSE:PRAXIS
|
$16.16 Million |
|
ADTIGER CORP.LTD.DL-0005
F:55U
|
$16.15 Million |
|
High-Tek Harness Enterprise Co Ltd
TWO:3202
|
$16.14 Million |
|
Omni-Lite Industries Canada Inc.
V:OML
|
$16.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenidge Generation Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -51,024,000 to -55,754,000, a change of -4,730,000.
- Net loss of 19,785,000 reduced equity.
- New share issuances of 11,239,000 increased equity.
- Other comprehensive income decreased equity by 3,000.
- Other factors increased equity by 3,819,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.79 Million | -35.49% |
| Share Issuances | $11.24 Million | +20.16% |
| Other Comprehensive Income | $-3.00K | -0.01% |
| Other Changes | $3.82 Million | +6.85% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Greenidge Generation Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $18.60 | $1.25 | x |
| 2016-12-31 | $14.94 | $1.25 | x |
| 2017-12-31 | $14.72 | $1.25 | x |
| 2018-12-31 | $12.49 | $1.25 | x |
| 2019-12-31 | $8.65 | $1.25 | x |
| 2020-12-31 | $13.31 | $1.25 | x |
| 2021-12-31 | $57.98 | $1.25 | x |
| 2022-12-31 | $-11.10 | $1.25 | x |
| 2023-12-31 | $-7.66 | $1.25 | x |
| 2024-12-31 | $-5.31 | $1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenidge Generation Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.23%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -37.90% | -34.97% | 0.95x | 1.14x | $-34.18 Million |
| 2016 | -27.84% | -25.88% | 0.92x | 1.17x | $-21.69 Million |
| 2017 | -2.70% | -2.54% | 0.93x | 1.14x | $-7.17 Million |
| 2018 | -19.00% | -13.08% | 1.08x | 1.35x | $-13.89 Million |
| 2019 | -25.55% | -190.92% | 0.12x | 1.15x | $-11.79 Million |
| 2020 | -7.42% | -16.36% | 0.31x | 1.46x | $-7.73 Million |
| 2021 | -20.94% | -45.70% | 0.29x | 1.61x | $-65.72 Million |
| 2022 | 0.00% | -299.78% | 0.55x | 0.00x | $-265.04 Million |
| 2023 | 0.00% | -41.92% | 0.99x | 0.00x | $-24.41 Million |
| 2024 | 0.00% | -33.23% | 0.92x | 0.00x | $-14.21 Million |
Industry Comparison
This section compares Greenidge Generation Holdings Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $-508,701,727
- Average return on equity (ROE) among peers: -28.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenidge Generation Holdings Inc (GREE) | $-49.41 Million | -37.90% | N/A | $16.18 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $395.54 Million |
| Abits Group Inc. (ABTS) | $10.38 Million | -8.98% | 0.10x | $4.02 Million |
| Sphere 3D Corp (ANY) | $1.24 Million | -345.24% | 5.78x | $4.44 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-6.80 Billion | 0.00% | 0.00x | $34.90 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $43.47 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $592.51 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.05 Billion |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
| Bluemount Holdings Limited Class B Ordinary Shares (BMHL) | $18.73 Million | 4.67% | 4.46x | $49.89 Million |
About Greenidge Generation Holdings Inc
Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers. As of March 6, 2025, the company had 119MW of active self-mining, hosting and pow… Read more