Cipher Mining Ratios (2022-2025) | CIFR

Ratios Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 62.82%49.18%57.07%69.39%69.21%61.20%37.50%56.90%69.58%64.81%62.72%
EBT Margin -20.47%-40.30%-65.07%33.57%94.45%-40.11%-375.72%36.80%-79.31%-102.98%-5.00%
EBIT Margin -18.82%-38.72%-63.05%35.01%97.19%-43.93%-379.20%40.45%-77.80%-103.85%-52.46%
EBITDA Margin 34.62%7.44%-9.59%73.47%132.72%11.22%-260.95%125.95%10.65%-3.08%30.24%
Operating Margin -18.82%-38.72%-63.05%35.01%97.19%-43.93%-379.20%40.45%-77.80%-103.85%-52.46%
Net Margin -20.79%-42.27%-61.45%24.40%82.89%-41.54%-359.95%39.25%-80.90%-105.61%-3.93%
FCF Margin -128.29%-90.47%-75.79%-81.57%-71.75%-90.24%-345.00%-180.23%-150.35%-196.92%-357.21%
Efficiency
Assets Average 349.92M374.72M412.98M415.57M414.70M416.61M491.31M621.64M726.37M775.51M815.44M884.62M966.28M1,929.81M
Equity Average 327.92M348.22M363.00M343.76M343.92M343.37M417.44M546.13M645.85M681.38M676.97M708.38M741.85M766.05M
Invested Capital 342.50M313.34M383.10M342.89M344.62M343.21M343.54M491.34M600.92M690.77M684.00M714.28M745.02M916.02M1,806.28M
Asset Utilization Ratio 0.260.250.220.200.190.170.160.11
Leverage & Solvency
Interest Coverage Ratio -10.28-24.93-30.4731.28116.97-43.47-264.1428.95-49.02-39.79-29.25
Debt to Equity 0.050.050.221.31
Debt Ratio 0.040.040.160.36
Equity Ratio 0.960.920.940.820.840.820.820.870.890.890.870.800.800.740.28
Times Interest Earned -10.28-24.93-30.4731.28116.97-43.47-264.1428.95-49.02-39.79-29.25
Valuation
Enterprise Value 811.14M302.02M176.64M-75.60M476.82M684.43M548.30M872.05M1,404.04M1,119.36M1,173.25M1,576.59M715.32M1,634.18M3,707.22M
Market Capitalization 910.63M339.06M235.14M138.61M497.88M711.96M584.73M1,051.75M1,526.94M1,286.62M1,273.00M1,613.82M831.52M1,774.40M4,951.43M
Return Ratios
Return on Sales -0.20%0.12%0.10%-0.34%-0.30%-0.82%-0.98%-0.35%
Return on Capital Employed -0.10%-0.06%-0.02%-0.23%-0.04%0.05%0.04%-0.06%-0.06%-0.17%-0.17%-0.08%
Return on Invested Capital 0.04%0.03%-0.17%-0.19%
Return on Assets -0.09%-0.06%-0.02%-0.21%-0.05%0.03%0.02%-0.07%-0.06%-0.14%-0.16%-0.04%
Return on Equity -0.10%-0.07%-0.02%-0.25%-0.06%0.03%0.03%-0.08%-0.07%-0.18%-0.21%-0.09%