Cipher Digital (CIFR) Ratios
Cipher Digital Ratios
MX:CIFR's free cash flow for Q2 2026 was $-653.81M. For the 2026 fiscal year, MX:CIFR's free cash flow was decreased by $-410.27M and operating cash flow was $-243.54M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.79 | 1.28 | 4.60 | 1.18 | 447.99 |
| Quick Ratio | 3.62 | 0.57 | 3.63 | 1.03 | 447.99 |
| Cash Ratio | 0.90 | 0.04 | 2.55 | 0.30 | 420.31 |
| Solvency Ratio | -0.18 | 0.34 | 0.46 | -0.45 | -113.43 |
| Operating Cash Flow Ratio | -0.30 | -0.66 | -2.79 | -0.52 | -63.43 |
| Short-Term Operating Cash Flow Coverage | -5.50 | -2.71 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -803.20M | $ -5.29M | $ 80.70M | $ -27.84M | $ 223.02M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.64 | 0.07 | 0.04 | 0.05 | 0.00 |
| Debt-to-Equity Ratio | 3.44 | 0.08 | 0.04 | 0.06 | 0.00 |
| Debt-to-Capital Ratio | 0.77 | 0.08 | 0.04 | 0.06 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.77 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 5.33 | 1.25 | 1.15 | 1.22 | 1.00 |
| Debt Service Coverage Ratio | -7.87 | 1.79 | 18.08 | -246.47 | -2874.37 |
| Interest Coverage Ratio | -9.23 | -25.58 | -10.06 | -273.15 | -2875.61 |
| Debt to Market Cap | 0.49 | 0.02 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 7.35 | 0.18 | 0.09 | 0.08 | 0.00 |
| Net Debt to EBITDA | -3.64 | 0.83 | -1.62 | -0.27 | 2.91 |
| Profitability Margins | |||||
| Gross Profit Margin | 28.40% | 18.58% | 60.34% | 75.37% | 0.00% |
| EBIT Margin | -352.32% | -28.17% | -15.93% | -1220.81% | 0.00% |
| EBITDA Margin | -262.74% | 40.38% | 31.30% | -1051.23% | 0.00% |
| Operating Profit Margin | -150.67% | -28.89% | -15.86% | -1232.17% | 0.00% |
| Pretax Profit Margin | -368.65% | -29.30% | -17.51% | -1225.32% | 0.00% |
| Net Profit Margin | -367.17% | -29.51% | -20.32% | -1285.91% | 0.00% |
| Continuous Operations Profit Margin | -367.17% | -29.51% | -20.32% | -1285.91% | 0.00% |
| Net Income Per EBT | 99.60% | 100.72% | 116.06% | 104.94% | 100.00% |
| EBT Per EBIT | 244.68% | 101.41% | 110.42% | 99.44% | 100.00% |
| Return on Assets (ROA) | -19.16% | -5.22% | -4.55% | -9.33% | -20.37% |
| Return on Equity (ROE) | -102.07% | -6.55% | -5.25% | -11.39% | -20.41% |
| Return on Capital Employed (ROCE) | -9.39% | -6.04% | -3.78% | -9.90% | -20.40% |
| Return on Invested Capital (ROIC) | -10.27% | -5.73% | -3.75% | -9.79% | -20.40% |
| Return on Tangible Assets | -19.51% | -5.27% | -4.62% | -9.35% | -20.37% |
| Earnings Yield | -14.60% | -2.98% | -2.47% | -28.09% | -7.15% |
| Efficiency Ratios | |||||
| Receivables Turnover | 233.76 | 4.33 | 146.30 | 2.53 | 0.00 |
| Payables Turnover | 4.00 | 5.43 | 10.10 | 0.04 | 0.02 |
| Inventory Turnover | 1.28 | 1.33 | 1.53 | 0.12 | 0.00 |
| Fixed Asset Turnover | 0.36 | 0.28 | 0.51 | 0.01 | 0.00 |
| Asset Turnover | 0.05 | 0.18 | 0.22 | 0.01 | 0.00 |
| Working Capital Turnover Ratio | 0.23 | 1.91 | 1.96 | 0.03 | 0.00 |
| Cash Conversion Cycle | 195.82 | 291.60 | 205.62 | -5265.39 | -18148.76 |
| Days of Sales Outstanding | 1.56 | 84.29 | 2.49 | 144.22 | 0.00 |
| Days of Inventory Outstanding | 285.45 | 274.58 | 239.26 | 3065.90 | 0.00 |
| Days of Payables Outstanding | 91.20 | 67.27 | 36.13 | 8475.51 | 18148.76 |
| Operating Cycle | 287.01 | 358.88 | 241.76 | 3210.12 | 0.00 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.54 | -0.27 | -0.37 | -0.08 | -0.15 |
| Free Cash Flow Per Share | -1.82 | -0.70 | -0.59 | -1.00 | -0.17 |
| Dividend Paid and CapEx Coverage Ratio | -0.43 | -0.63 | -1.71 | -0.09 | -6.20 |
| Capital Expenditure Coverage Ratio | -0.43 | -0.63 | -1.71 | -0.09 | -6.20 |
| Operating Cash Flow Coverage Ratio | -0.08 | -1.55 | -4.29 | -1.01 | 0.00 |
| Operating Cash Flow to Sales Ratio | -0.93 | -0.58 | -0.74 | -6.89 | 0.00 |
| Free Cash Flow Yield | -12.35% | -15.14% | -14.32% | -179.01% | -3.64% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -6.87 | -33.59 | -40.45 | -3.56 | -13.99 |
| Price-to-Sales (P/S) Ratio | 25.15 | 9.91 | 8.22 | 45.77 | 0.00 |
| Price-to-Book (P/B) Ratio | 6.99 | 2.20 | 2.12 | 0.41 | 2.86 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -8.09 | -6.60 | -6.98 | -0.56 | -27.45 |
| Price-to-Operating Cash Flow Ratio | -27.09 | -17.13 | -11.06 | -6.65 | -31.88 |
| Price-to-Earnings Growth (PEG) Ratio | -0.00 | -0.84 | 1.08 | 0.06 | -0.00 |
| Enterprise Value Multiple | -13.21 | 25.37 | 24.64 | -4.63 | -11.09 |
| Enterprise Value | 7.77B | 1.55B | 978.45M | 147.74M | 799.62M |
| EV to EBITDA | -13.21 | 25.37 | 24.64 | -4.63 | -11.09 |
| EV to Sales | 34.70 | 10.25 | 7.71 | 48.65 | 0.00 |
| EV to Free Cash Flow | -11.17 | -6.83 | -6.56 | -0.59 | -21.74 |
| EV to Operating Cash Flow | -37.37 | -17.71 | -10.38 | -7.06 | -25.25 |
| Tangible Book Value Per Share | 1.99 | 2.08 | 1.91 | 1.38 | 1.62 |
| Shareholders’ Equity Per Share | 2.11 | 2.11 | 1.95 | 1.38 | 1.62 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.00 | -0.01 | -0.16 | -0.05 | 0.00 |
| Revenue Per Share | 0.59 | 0.47 | 0.50 | 0.01 | 0.00 |
| Net Income Per Share | -2.15 | -0.14 | -0.10 | -0.16 | -0.33 |
| Tax Burden | 1.00 | 1.01 | 1.16 | 1.05 | 1.00 |
| Interest Burden | 1.05 | 1.04 | 1.10 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.16 | 0.22 | 0.67 | 23.32 | 0.00 |
| Stock-Based Compensation to Revenue | 0.24 | 0.28 | 0.30 | 13.67 | 0.00 |
| Income Quality | 0.25 | 1.96 | 3.66 | 0.54 | 0.44 |
Currency in USD
