Cipher Digital (CIFR) Interest Coverage Ratio (2021 - 2026)
Cipher Digital (CIFR) posted Interest Coverage Ratio of 1.18 for Q2 2026, up 39.23% on a QoQ basis from 1.94 in Q1 2026, and up 97.04% year-over-year from 0.6 in Q2 2025.
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Cipher Digital (CIFR) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Cipher Digital has reported Interest Coverage Ratio for 5 years, with the latest figure at 1.18 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 97.04% year-over-year to 1.18 in Q2 2026; TTM through Jun 2026 was 3.31, a 94.02% increase from a year earlier, with the FY2025 full-year figure at 11.53, up 54.93% from the prior year.
- Interest Coverage Ratio was 1.18 for Q2 2026 at Cipher Digital, up from 1.94 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 116.96 in Q1 2024, with the low at 264.14 in Q3 2024.
- Average Interest Coverage Ratio over 4 years is 23.31, with a median of 17.6 recorded in 2023.
- The largest YoY upside for Interest Coverage Ratio was 1238.15% in 2024 against a maximum downside of 766.84% in 2024.
- Over 4 years, Interest Coverage Ratio stood at 31.28 in 2023, then slipped by 7.44% to 28.95 in 2024, then sank by 131.13% to 9.01 in 2025, then soared by 86.94% to 1.18 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.18 (Q2 2026), 1.94 (Q1 2026), and 9.01 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 4.40 |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -2.49 |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -1.18 |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -11.74 |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 1.20 |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 1.12 |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 1.09 |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -2.02 |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.18 |
| Mar 31, 2026 | -1.94 |
| Dec 31, 2025 | -9.01 |
| Sep 30, 2025 | -29.25 |
| Jun 30, 2025 | -39.79 |
| Mar 31, 2025 | -49.02 |
| Dec 31, 2024 | 28.95 |
| Sep 30, 2024 | -264.14 |
| Jun 30, 2024 | -43.47 |
| Mar 31, 2024 | 116.97 |
| Dec 31, 2023 | 31.28 |
| Sep 30, 2023 | -30.47 |
| Jun 30, 2023 | -24.93 |
| Mar 31, 2023 | -10.28 |
| Sep 30, 2021 | -87.81 |
| Jun 30, 2021 | -547.00 |