Cipher Mining Inc. financial data

Symbol
CIFR, CIFRW on Nasdaq
Industry
Finance Services
Location
1 Vanderbilt Avenue, Floor 54, New York, NY
Fiscal year end
December 31
Former names
GOOD WORKS ACQUISITION CORP. (to 8/25/2021)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 549 % +269%
Debt-to-equity 14.6 % -14.5%
Return On Equity 3.12 %
Return On Assets 2.72 %
Operating Margin 16.8 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 329M shares +31.1%
Common Stock, Shares, Outstanding 329M shares +31.2%
Entity Public Float 124M USD +118%
Common Stock, Value, Issued 336K USD +32.3%
Weighted Average Number of Shares Outstanding, Basic 314M shares +26.2%
Weighted Average Number of Shares Outstanding, Diluted 314M shares +26.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 159M USD +17.9%
Cost of Revenue 55.4M USD -10%
General and Administrative Expense 85.5M USD +68%
Operating Income (Loss) 26.7M USD -33.8%
Nonoperating Income (Expense) 59K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 25.6M USD -17.3%
Income Tax Expense (Benefit) 8.97M USD -14.1%
Net Income (Loss) Attributable to Parent 16.6M USD -15.9%
Earnings Per Share, Basic 0.05 USD/shares 0%
Earnings Per Share, Diluted 0.05 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 123M USD +6939%
Accounts Receivable, after Allowance for Credit Loss, Current 281K USD
Assets, Current 309M USD +631%
Property, Plant and Equipment, Net 239M USD -10.7%
Operating Lease, Right-of-Use Asset 9.93M USD +114%
Intangible Assets, Net (Excluding Goodwill) 8.5M USD
Other Assets, Noncurrent 203K USD
Assets 776M USD +86.1%
Accounts Payable, Current 10.7M USD +436%
Accrued Liabilities, Current 17.9M USD -21.5%
Liabilities, Current 36.4M USD -5.82%
Deferred Income Tax Liabilities, Net 10.6M USD +322%
Operating Lease, Liability, Noncurrent 9.18M USD +133%
Liabilities 84.8M USD +15.4%
Retained Earnings (Accumulated Deficit) -112M USD +14.1%
Stockholders' Equity Attributable to Parent 691M USD +100%
Liabilities and Equity 776M USD +86.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -26.6M USD -163%
Net Cash Provided by (Used in) Financing Activities 60.2M USD
Net Cash Provided by (Used in) Investing Activities -31M USD -1282%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 336M shares +31.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.57M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 123M USD +6939%
Deferred Tax Assets, Valuation Allowance 8.52M USD -30%
Deferred Tax Assets, Gross 39.9M USD +39.2%
Operating Lease, Liability 10.4M USD +108%
Depreciation 58.5M USD +61.1%
Payments to Acquire Property, Plant, and Equipment 7.9M USD -56%
Lessee, Operating Lease, Liability, to be Paid 13.6M USD +120%
Property, Plant and Equipment, Gross 334M USD +12.5%
Operating Lease, Liability, Current 1.26M USD +16.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.84M USD +16.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.56M USD +125%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure -9.17%
Deferred Income Tax Expense (Benefit) 8.1M USD -67%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.15M USD +170%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.87M USD +18.3%
Deferred Tax Assets, Operating Loss Carryforwards 27.1M USD +164%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 874K USD +981%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.9M USD +188%
Operating Lease, Payments 1.7M USD +10.6%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 200K USD
Share-based Payment Arrangement, Expense 10.5M USD
Interest Expense 1.89M USD -23.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%