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 - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 541 % +352%
Debt-to-equity 13.8 % -34.5%
Return On Equity -8.4 % +67.1%
Return On Assets -7.38 % +65.1%
Operating Margin -29.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 348M shares +36.6%
Common Stock, Shares, Outstanding 348M shares +36.6%
Entity Public Float 124M USD +118%
Common Stock, Value, Issued 356K USD +37.5%
Weighted Average Number of Shares Outstanding, Basic 333M shares +32.1%
Weighted Average Number of Shares Outstanding, Diluted 333M shares +32.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 152M USD -20.5%
Cost of Revenue 57.5M USD +15.8%
General and Administrative Expense 87.6M USD +119%
Operating Income (Loss) -45.6M USD +46.4%
Nonoperating Income (Expense) 59K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -45.3M USD +47.7%
Income Tax Expense (Benefit) 6.27M USD -247%
Net Income (Loss) Attributable to Parent -51.6M USD +41.4%
Earnings Per Share, Basic -0.14 USD/shares +60%
Earnings Per Share, Diluted -0.14 USD/shares +60%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 25.3M USD +658%
Accounts Receivable, after Allowance for Credit Loss, Current 281K USD
Assets, Current 152M USD +179%
Property, Plant and Equipment, Net 239M USD -10.7%
Operating Lease, Right-of-Use Asset 10.6M USD +140%
Intangible Assets, Net (Excluding Goodwill) 25.7M USD
Other Assets, Noncurrent 210K USD
Assets 775M USD +86.2%
Accounts Payable, Current 10.7M USD +436%
Employee-related Liabilities, Current 4.65M USD
Accrued Liabilities, Current 40.8M USD +64.3%
Liabilities, Current 59.1M USD +51.9%
Deferred Income Tax Liabilities, Net 6.56M USD +411%
Operating Lease, Liability, Noncurrent 9.66M USD +165%
Liabilities 103M USD +40.2%
Retained Earnings (Accumulated Deficit) -199M USD -34.2%
Stockholders' Equity Attributable to Parent 672M USD +95.6%
Liabilities and Equity 775M USD +86.2%

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 356M shares +37%
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 39.7M USD +1089%
Deferred Tax Assets, Valuation Allowance 8.52M USD -30%
Deferred Tax Assets, Gross 39.9M USD +39.2%
Operating Lease, Liability 11.1M USD +134%
Depreciation 70.8M USD +88.7%
Payments to Acquire Property, Plant, and Equipment 7.9M USD -56%
Lessee, Operating Lease, Liability, to be Paid 14.3M USD +146%
Property, Plant and Equipment, Gross 334M USD +12.5%
Operating Lease, Liability, Current 1.48M USD +32.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.11M USD +33.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.81M USD +141%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure -27.5%
Deferred Income Tax Expense (Benefit) 5.28M USD -237%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.12M USD +202%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.11M USD +33.6%
Deferred Tax Assets, Operating Loss Carryforwards 27.1M USD +164%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 990K USD +122%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.09M USD +217%
Operating Lease, Payments 1.79M USD +21.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 668K 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%