Argo Blockchain (ARBK) Non-Current Debt (2021 - 2024)
Argo Blockchain's (ARBK) quarterly Non-Current Debt came in at $1.2 million in Q3 2024, down 91.12% year-over-year from $13.7 million in Q4 2023, and down 78.95% quarter-over-quarter from $5.8 million in Q2 2024.
Analysis
Argo Blockchain (ARBK) Non-Current Debt (2021 - 2024) Analysis & Trends
Argo Blockchain has disclosed Non-Current Debt across 4 years of filings, most recently posting $1.2 million for Q3 2024.
- In Q3 2024, Non-Current Debt fell 91.12% year-over-year to $1.2 million; the TTM figure through Sep 2024 stood at $1.2 million (down 91.12% YoY), while the FY2024 annual figure was $5.8 million, down 59.81% from the prior year.
- Non-Current Debt came in at $1.2 million for Q3 2024 at Argo Blockchain, down from $5.8 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $56.3 million in Q2 2022 to a low of $800000.0 in Q1 2024.
- Average Non-Current Debt over 4 years is $16.4 million, with a median of $13.7 million recorded in 2023.
- Year-over-year, Non-Current Debt soared 451.48% in 2022 and sank 96.78% in 2024.
- Over 4 years, Non-Current Debt stood at $4.6 million in 2021, then soared by 451.48% to $25.2 million in 2022, then slumped by 60.22% to $10.0 million in 2023, then slumped by 87.84% to $1.2 million in 2024.
- Per Business Quant data, the three most recent Non-Current Debt figures were $1.2 million in Q3 2024, $5.8 million in Q2 2024, and $800000.0 in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 7.59 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 7.40 Bn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 588.41 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 1.93 Bn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 1.81 Bn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 1.18 Bn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 1.03 Bn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 9.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 5.79 Mn |
| Mar 31, 2024 | 800,000.00 |
| Dec 31, 2023 | 10.03 Mn |
| Sep 30, 2023 | 13.74 Mn |
| Jun 30, 2023 | 14.41 Mn |
| Mar 31, 2023 | 24.85 Mn |
| Dec 31, 2022 | 25.21 Mn |
| Jun 30, 2022 | 56.31 Mn |
| Mar 31, 2022 | 23.19 Mn |
| Dec 31, 2021 | 4.57 Mn |