CoinShares (CSHRW) Total Non-Current Liabilities (2023 - 2025)
CoinShares (CSHRW) posted Total Non-Current Liabilities of $60.8 million for Q4 2025, up 342.33% on a QoQ basis from $13.8 million in Q2 2025, and down 98.9% year-over-year from $5.6 billion in Q4 2024.
Analysis
CoinShares (CSHRW) Total Non-Current Liabilities (2023 - 2025) Analysis & Trends
CoinShares has reported Total Non-Current Liabilities for 3 years, with the latest figure at $60.8 million in Q4 2025.
- On a quarterly basis, Total Non-Current Liabilities fell 98.9% year-over-year to $60.8 million in Q4 2025; TTM through Dec 2025 was $60.8 million, a 98.9% decrease from a year earlier, with the FY2025 full-year figure at $60.8 million, down 98.9% from the prior year.
- Total Non-Current Liabilities was $60.8 million for Q4 2025 at CoinShares, up from $13.8 million in the prior quarter.
- The five-year high for Total Non-Current Liabilities was $5.6 billion in Q4 2024, with the low at -$3.2 billion in Q4 2023.
- Average Total Non-Current Liabilities over 3 years is $599.1 million, with a median of $37.3 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Total Non-Current Liabilities jumped 271.91% in 2024, then sank 98.9% in 2025.
- Over 3 years, Total Non-Current Liabilities stood at -$3.2 billion in 2023, then surged by 271.91% to $5.6 billion in 2024, then tumbled by 98.9% to $60.8 million in 2025.
- The last three Total Non-Current Liabilities figures came in at $60.8 million (Q4 2025), $13.8 million (Q2 2025), and $5.6 billion (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 173.88 Bn | 160.24 Bn | - | 46.07 Bn |
| 2 | Spdr Gold Trust | 143.21 Bn | -414.80 Bn | - | - |
| 3 | World Gold Trust | 30.03 Bn | -73.04 Bn | - | - |
| 4 | Ishares Gold Trust | 27.84 Bn | -32.27 Bn | - | -60.11 Bn |
| 5 | Principal Financial | 25.04 Bn | -27.21 Bn | 1.91 Bn | 137.47 Bn |
| 6 | iShares Silver Trust | 23.18 Bn | -5.03 Bn | - | -28.21 Bn |
| 7 | Franklin Resources | 17.63 Bn | 15.39 Bn | - | 20.66 Bn |
| 8 | Invesco | 14.60 Bn | 14.32 Bn | 1.79 Bn | 12.64 Bn |
| 9 | Affiliated Managers | 9.57 Bn | 10.05 Bn | - | 4.51 Bn |
| 10 | CoinShares | 118.65 | -48.29 Mn | - | 60.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 60.82 Mn |
| Jun 30, 2025 | 13.75 Mn |
| Dec 31, 2024 | 5.55 Bn |
| Dec 31, 2023 | -3.23 Bn |