Greenidge Generation Holdings Inc (GREE) — Tangible Net Worth Ratio

Latest as of September 2022: 96.8%

Greenidge Generation Holdings Inc (GREE) has a Tangible Net Worth Ratio of 96.8% as of September 2022. This metric is calculated by deducting intangible assets ($2.84 Million) from net assets ($89.56 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Greenidge Generation Holdings Inc (GREE) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.8%
Tangible equity / total equity

Net Assets (Equity)

$89.56 Million
USD

Intangible Assets

$2.84 Million
Goodwill, patents, brand value

Total Assets

$307.35 Million
USD

Greenidge Generation Holdings Inc Tangible Net Worth Ratio (2015–2021)

This chart shows how Greenidge Generation Holdings Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2015 to 2021. As of September 2022, the ratio stands at 96.8%, reflecting net assets of $89.56 Million with intangible assets of $2.84 Million USD. For live market cap and overall valuation, see GREE market cap.

Annual Tangible Net Worth Ratio for Greenidge Generation Holdings Inc (2015–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Greenidge Generation Holdings Inc from 2015 to 2021, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore GREE capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2021 98.3% $212.42 Million $3.54 Million $341.27 Million ▼ -1.7 pp
2020 100.0% $44.36 Million $0.00 $64.57 Million ▲ +0.8 pp
2019 99.2% $33.17 Million $250.00K $38.04 Million ▼ -0.8 pp
2018 100.0% $47.90 Million $0.00 $64.60 Million ▲ +0.0 pp
2017 100.0% $56.46 Million $0.00 $64.35 Million ▲ +0.0 pp
2016 100.0% $57.31 Million $0.00 $67.23 Million ▲ +1.8 pp
2015 98.2% $71.35 Million $1.29 Million $81.49 Million
pp = percentage points