Coinbase Global (COIN) Ratios
Coinbase Global Ratios
MX:COIN's free cash flow for Q3 2026 was $405.46M. For the 2026 fiscal year, MX:COIN's free cash flow was increased by $0.00 and operating cash flow was $405.46M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.34 | 2.28 | 2.07 | 1.07 | 1.61 |
| Quick Ratio | 2.34 | 2.28 | 2.07 | 1.07 | 1.61 |
| Cash Ratio | 1.30 | 1.08 | 0.94 | 0.05 | 0.62 |
| Solvency Ratio | 0.10 | 0.22 | 0.03 | -0.03 | 0.25 |
| Operating Cash Flow Ratio | 0.28 | 0.32 | 0.17 | -0.02 | 0.35 |
| Short-Term Operating Cash Flow Coverage | 1.41 | 8.52 | 0.00 | -77.27 | 201.30 |
| Net Current Asset Value | $ 5.51B | $ 5.85B | $ 2.88B | $ 2.18B | $ 3.48B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.26 | 0.21 | 0.20 | 0.04 | 0.17 |
| Debt-to-Equity Ratio | 0.53 | 0.45 | 0.48 | 0.64 | 0.55 |
| Debt-to-Capital Ratio | 0.35 | 0.31 | 0.32 | 0.39 | 0.35 |
| Long-Term Debt-to-Capital Ratio | 0.29 | 0.29 | 0.32 | 0.38 | 0.35 |
| Financial Leverage Ratio | 2.01 | 2.19 | 2.35 | 16.45 | 3.33 |
| Debt Service Coverage Ratio | 0.85 | 7.32 | 3.83 | -21.77 | 75.52 |
| Interest Coverage Ratio | 17.05 | 28.61 | -1.95 | -30.49 | 105.51 |
| Debt to Market Cap | 0.13 | 0.07 | 0.07 | 0.43 | 0.08 |
| Interest Debt Per Share | 30.44 | 19.04 | 13.05 | 16.10 | 19.97 |
| Net Debt to EBITDA | -1.92 | -1.24 | -14.73 | 0.33 | -1.16 |
| Profitability Margins | |||||
| Gross Profit Margin | 74.64% | 74.75% | 63.47% | 80.28% | 77.82% |
| EBIT Margin | 22.38% | 46.06% | 0.19% | -93.16% | 38.98% |
| EBITDA Margin | 25.01% | 48.00% | 4.68% | -88.34% | 39.80% |
| Operating Profit Margin | 20.28% | 35.15% | -5.20% | -84.85% | 39.24% |
| Pretax Profit Margin | 21.19% | 44.83% | -2.47% | -95.94% | 38.61% |
| Net Profit Margin | 17.55% | 39.29% | 3.05% | -82.18% | 46.23% |
| Continuous Operations Profit Margin | 17.55% | 39.29% | 3.05% | -82.18% | 46.23% |
| Net Income Per EBT | 82.80% | 87.64% | -123.46% | 85.65% | 119.73% |
| EBT Per EBIT | 104.53% | 127.54% | 47.53% | 113.08% | 98.39% |
| Return on Assets (ROA) | 4.25% | 11.44% | 0.64% | -2.93% | 17.04% |
| Return on Equity (ROE) | 8.52% | 25.10% | 1.51% | -48.12% | 56.79% |
| Return on Capital Employed (ROCE) | 6.94% | 15.80% | -1.74% | -30.42% | 31.22% |
| Return on Invested Capital (ROIC) | 5.31% | 13.56% | 2.15% | -25.90% | 31.05% |
| Return on Tangible Assets | 5.23% | 12.08% | 0.70% | -2.97% | 17.70% |
| Earnings Yield | 2.14% | 4.20% | 0.23% | -33.36% | 8.10% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.16 | 7.17 | 4.93 | 6.87 | 21.42 |
| Payables Turnover | 15.49 | 26.18 | 28.90 | 11.24 | 43.65 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 17.68 | 23.34 | 15.14 | 13.24 | 49.74 |
| Asset Turnover | 0.24 | 0.29 | 0.21 | 0.04 | 0.37 |
| Working Capital Turnover Ratio | 0.66 | 0.82 | 0.54 | 0.51 | 2.00 |
| Cash Conversion Cycle | 64.13 | 36.93 | 61.47 | 20.64 | 8.68 |
| Days of Sales Outstanding | 87.70 | 50.88 | 74.10 | 53.11 | 17.04 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 23.57 | 13.94 | 12.63 | 32.48 | 8.36 |
| Operating Cycle | 87.70 | 50.88 | 74.10 | 53.11 | 17.04 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 9.33 | 10.34 | 3.91 | -7.13 | 22.77 |
| Free Cash Flow Per Share | 9.33 | 10.34 | 3.91 | -7.13 | 22.31 |
| Dividend Paid and CapEx Coverage Ratio | 0.00 | 0.00 | 0.00 | -540.55 | 48.73 |
| Capital Expenditure Coverage Ratio | 0.00 | 0.00 | 0.00 | -540.55 | 48.73 |
| Operating Cash Flow Coverage Ratio | 0.31 | 0.55 | 0.31 | -0.45 | 1.15 |
| Operating Cash Flow to Sales Ratio | 0.34 | 0.39 | 0.30 | -0.50 | 0.52 |
| Free Cash Flow Yield | 4.13% | 4.16% | 2.25% | -20.15% | 8.84% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 46.63 | 23.82 | 432.27 | -3.00 | 12.35 |
| Price-to-Sales (P/S) Ratio | 8.19 | 9.36 | 13.19 | 2.46 | 5.71 |
| Price-to-Book (P/B) Ratio | 3.98 | 5.98 | 6.53 | 1.44 | 7.01 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 24.24 | 24.02 | 44.43 | -4.96 | 11.31 |
| Price-to-Operating Cash Flow Ratio | 24.24 | 24.02 | 44.43 | -4.96 | 11.08 |
| Price-to-Earnings Growth (PEG) Ratio | -0.87 | 0.01 | -4.18 | 0.02 | 0.00 |
| Enterprise Value Multiple | 30.83 | 18.25 | 267.00 | -2.46 | 13.19 |
| Enterprise Value | 55.36B | 57.51B | 38.86B | 6.93B | 41.14B |
| EV to EBITDA | 30.83 | 18.25 | 267.00 | -2.46 | 13.19 |
| EV to Sales | 7.71 | 8.76 | 12.50 | 2.17 | 5.25 |
| EV to Free Cash Flow | 22.82 | 22.49 | 42.11 | -4.37 | 10.40 |
| EV to Operating Cash Flow | 22.82 | 22.49 | 42.11 | -4.37 | 10.19 |
| Tangible Book Value Per Share | 35.47 | 36.75 | 21.44 | 19.10 | 31.46 |
| Shareholders’ Equity Per Share | 56.88 | 41.54 | 26.64 | 24.54 | 35.99 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.12 | 2.23 | 0.14 | -0.20 |
| Revenue Per Share | 27.61 | 26.53 | 13.18 | 14.37 | 44.21 |
| Net Income Per Share | 4.85 | 10.43 | 0.40 | -11.81 | 20.44 |
| Tax Burden | 0.83 | 0.88 | -1.23 | 0.86 | 1.20 |
| Interest Burden | 0.95 | 0.97 | -12.98 | 1.03 | 0.99 |
| Research & Development to Revenue | 0.23 | 0.22 | 0.43 | 0.73 | 0.16 |
| SG&A to Revenue | 0.26 | 0.18 | 0.16 | 0.50 | 0.07 |
| Stock-Based Compensation to Revenue | 0.12 | 0.14 | 0.25 | 0.49 | 0.10 |
| Income Quality | 1.93 | 0.99 | 9.73 | 0.60 | 1.11 |
Currency in USD