GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Greenidge Generation Holdings Inc. (NAS:GREE) » Definitions » Profitability Rank

Greenidge Generation Holdings (Greenidge Generation Holdings) Profitability Rank : 2 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Greenidge Generation Holdings Profitability Rank?

Greenidge Generation Holdings has the Profitability Rank of 2. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Greenidge Generation Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -13.33%. As of today, Greenidge Generation Holdings's Piotroski F-Score is 4.


Competitive Comparison of Greenidge Generation Holdings's Profitability Rank

For the Capital Markets subindustry, Greenidge Generation Holdings's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greenidge Generation Holdings's Profitability Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Greenidge Generation Holdings's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Greenidge Generation Holdings's Profitability Rank falls into.



Greenidge Generation Holdings Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Greenidge Generation Holdings has the Profitability Rank of 2. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Greenidge Generation Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-2.618 / 19.642
=-13.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Greenidge Generation Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Greenidge Generation Holdings Profitability Rank Related Terms

Thank you for viewing the detailed overview of Greenidge Generation Holdings's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenidge Generation Holdings (Greenidge Generation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
135 Rennell Drive, 3rd Floor, Fairfield, CT, USA, 06890
Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center and power generation company. The Company owns and operates facilities at two locations: the Town of Torrey, New York and Spartanburg, South Carolina. The Company's cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners) owned or leased by the Company. The Company also owns and operates a 106MW power facility that is connected to the New York Independent System Operator (NYISO) power grid.
Executives
Jordan Kovler director 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 05890
Christian Mulvihill officer: Chief Financial Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Michael P Neuscheler director C/O I3 MOBILE INC, 181 HARBOR DRIVE, STAMFORD CT 06902
Daniel Rothaupt director GREENIDGE GENERATION HOLDINGS INC., 590 PLANT ROAD, DRESDEN NY 14441
Atlas Capital Gp Lp director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Resources Gp Llc director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky director, 10 percent owner
Timothy J Fazio director, 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Robert Loughran officer: Accounting Officer C/O AVON PRODUCTS, INC., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Scott J. Mackenzie officer: Chief Strategy Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
David Carl Anderson director, officer: Chief Executive Officer (CEO) 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Terence A. Burke officer: General Counsel 590 PLANT ROAD, DRESDEN NY 14441
C Clark Webb 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225

Greenidge Generation Holdings (Greenidge Generation Holdings) Headlines

From GuruFocus