GRIID Infrastructure Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q2 2024.

Location
Cincinnati, OH
Fiscal year end
31 December
Latest financial report
14 Aug 2024

Quick Takeaways

  • GRIID Infrastructure Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q2 2024.
  • Headline metric: Return On Equity -30%.

What Changed

  • Return On Equity YoY change: <span class="text-red-600">-121%</span>.
  • Most recent SEC facts end date: 14 Aug 2024.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2024-08-14) highlights Return On Equity -30.0%, Return On Assets 63.5%, and Operating Margin -333.8%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

21.7/100

Weak Confidence medium

Return On Equity

-30%

Metric score 0.0/100

Return On Assets

64%

Metric score 100.0/100

Financial Health

Current Ratio
0.04x
Debt to Equity
-1.74x

Strengths

Return On Assets

Watchpoints

Return On Equity, Operating Margin, and Current Ratio

Key metrics snapshot

Return On Equity

-30%

YoY: -121%

Industry median: -7.7% (n=122)

View history

Return On Assets

64%

YoY: -210%

Industry median: -10% (n=122)

View history

Operating Margin

-334%

YoY: -36%

Industry median: -110% (n=58)

View history

Current Ratio

0.04x

YoY: +154%

Industry median: 1.28x (n=84)

View history

Debt-to-equity

-1.74x

YoY: +204%

Industry median: 0.33x (n=76)

View history

Revenues YoY

-0.9%

YoY:

Industry median: 9.9% (n=72)

View history

Profitability

Metric Latest value YoY change
Return On Equity -30% -121%
Return On Assets 64% -210%
Operating Margin -334% -36%

Financial Health

Metric Latest value YoY change
Current Ratio 0.04x +154%
Debt-to-equity -1.74x +204%

Growth

Metric Latest value YoY change
Revenues YoY -0.91%
Net Income (Loss) Attributable to Parent $21,618,000

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 71,875,399 +708%
Common Stock, Shares, Outstanding 71,875,428 +942%
Common Stock, Value, Issued $7,000 +914%
Weighted Average Number of Shares Outstanding, Basic 70,941,844 +31%
Weighted Average Number of Shares Outstanding, Diluted 70,941,844 +31%

Additional Metrics

Metric Latest value YoY change
General and Administrative Expense $1,054,000 +44%
Costs and Expenses $10,787,000 +28%
Operating Income (Loss) $15,725,000 +36%
Nonoperating Income (Expense) $48,448,000
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $32,723,000
Income Tax Expense (Benefit) $11,105,000
Earnings Per Share, Basic 0
Earnings Per Share, Diluted 0
Cash and Cash Equivalents, at Carrying Value $274,000 -56%
Assets, Current $2,610,000 +2195%
Property, Plant and Equipment, Net $31,923,000
Operating Lease, Right-of-Use Asset $2,141,000
Assets $41,595,000 +57%
Accounts Payable, Current $11,940,000
Employee-related Liabilities, Current $1,632,000
Accrued Liabilities, Current $10,026,000
Liabilities, Current $70,524,000 +803%
Deferred Income Tax Liabilities, Net $2,267,000
Operating Lease, Liability, Noncurrent $2,006,000 -9.7%
Liabilities $75,509,000 +397%
Retained Earnings (Accumulated Deficit) $89,175,000 -486%
Stockholders' Equity Attributable to Parent $33,914,000 +69%
Liabilities and Equity $41,595,000 +57%
Common Stock, Shares Authorized 100,000,000 0%
Common Stock, Shares, Issued 71,875,428 +942%
Common Stock, Par or Stated Value Per Share 0 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $597,000 -37%
Operating Lease, Liability $2,222,000 -9.3%
Depreciation $943,000 -39%
Lessee, Operating Lease, Liability, to be Paid $2,980,000 -12%
Property, Plant and Equipment, Gross $49,106,000
Operating Lease, Liability, Current $216,000 -5.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two $367,000 0%
Lessee, Operating Lease, Liability, to be Paid, Year One $371,000 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $758,000 -20%
Lessee, Operating Lease, Liability, to be Paid, Year Three $412,000 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $412,000 0%
Operating Lease, Payments $99,000 -7.5%
Interest Expense $34,194,000 -2.6%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY