Coinbase Global (COIN) Current Leases (2020 - 2023)
Coinbase Global's (COIN) quarterly Current Leases came in at $10.9 million in Q4 2023, down 67.68% year-over-year from $33.7 million in Q4 2022, and down 9.26% quarter-over-quarter from $12.0 million in Q3 2023.
Analysis
Coinbase Global (COIN) Current Leases (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has reported Current Leases for 4 consecutive years, with $10.9 million the latest figure, recorded in Q4 2023.
- On a quarterly basis, Current Leases fell 67.68% year-over-year to $10.9 million in Q4 2023; TTM through Dec 2023 was $10.9 million, a 67.68% decrease from a year earlier, with the FY2023 full-year figure at $10.9 million, down 67.68% from the prior year.
- Current Leases was $10.9 million for Q4 2023 at Coinbase Global, down from $12.0 million in the prior quarter.
- Over five years, Current Leases peaked at $34.2 million in Q2 2022 and troughed at $10.9 million in Q4 2023.
- A 4-year average of $25.5 million and a median of $30.9 million in 2021 frame the typical range for Current Leases.
- Across the five-year window, Current Leases gained 28.08% in 2021 and tumbled 67.68% in 2023, its largest moves.
- Over 4 years, Current Leases stood at $25.3 million in 2020, then climbed by 28.08% to $32.4 million in 2021, then advanced by 4.23% to $33.7 million in 2022, then tumbled by 67.68% to $10.9 million in 2023.
- The last three Current Leases figures came in at $10.9 million (Q4 2023), $12.0 million (Q3 2023), and $12.4 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.71 Bn | 36.92 Bn | 1.16 Bn | - |
| 2 | Bullish | 4.36 Bn | 4.26 Bn | 15.53 Mn | 6.45 Mn |
| 3 | Canton Strategic Holdings | 463.01 Mn | 463.01 Mn | - | - |
| 4 | Cypherpunk Technologies | 414.74 Mn | 414.74 Mn | - | 38,000.00 |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn | - |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 7 | Usbc | 179.09 Mn | 175.43 Mn | - | 90,083.00 |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - | - |
| 9 | TON Strategy | 174.63 Mn | 174.60 Mn | - | 76,000.00 |
| 10 | Streamex | 120.42 Mn | 101.96 Mn | - | 129,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 10.90 Mn |
| Sep 30, 2023 | 12.02 Mn |
| Jun 30, 2023 | 12.35 Mn |
| Mar 31, 2023 | 12.78 Mn |
| Dec 31, 2022 | 33.73 Mn |
| Sep 30, 2022 | 33.03 Mn |
| Jun 30, 2022 | 34.17 Mn |
| Mar 31, 2022 | 32.69 Mn |
| Dec 31, 2021 | 32.37 Mn |
| Sep 30, 2021 | 31.85 Mn |
| Jun 30, 2021 | 30.93 Mn |
| Mar 31, 2021 | 29.70 Mn |
| Dec 31, 2020 | 25.27 Mn |