Cipher Mining Financials

CIFR Stock  USD 6.19  0.32  4.92%   
Based on the key indicators obtained from Cipher Mining's historical financial statements, Cipher Mining is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Cipher Mining's Accounts Payable is relatively stable compared to the past year. As of 11/22/2024, Non Currrent Assets Other is likely to grow to about 122.2 M, while Other Current Liabilities is likely to drop slightly above 2.3 M. Key indicators impacting Cipher Mining's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00740.0084
Fairly Down
Slightly volatile
Current Ratio4.374.6015
Notably Down
Pretty Stable
Investors should never underestimate Cipher Mining's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cipher Mining's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cipher Mining.

Net Income

(27.07 Million)

  
Understanding current and past Cipher Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cipher Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Cipher Mining's assets may result in an increase in income on the income statement.

Cipher Mining Stock Summary

Cipher Mining competes with Iris Energy, CleanSpark, Stronghold Digital, Bitfarms, and Terawulf. Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. The company was incorporated in 2021 and is based in New York, New York. Cipher Mining operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 10 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS17253J1060
CUSIP17253J106 38216X107 38216X206
LocationNew York; U.S.A
Business Address1 Vanderbilt Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ciphermining.com
Phone332 262 2300
CurrencyUSD - US Dollar

Cipher Mining Key Financial Ratios

Cipher Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cipher Mining's current stock value. Our valuation model uses many indicators to compare Cipher Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cipher Mining competition to find correlations between indicators driving Cipher Mining's intrinsic value. More Info.
Cipher Mining is rated third in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At this time, Cipher Mining's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cipher Mining by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Cipher Mining Systematic Risk

Cipher Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cipher Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cipher Mining correlated with the market. If Beta is less than 0 Cipher Mining generally moves in the opposite direction as compared to the market. If Cipher Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cipher Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cipher Mining is generally in the same direction as the market. If Beta > 1 Cipher Mining moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Cipher Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cipher Mining's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cipher Mining growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.13

At this time, Cipher Mining's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Cipher Mining November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cipher Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cipher Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cipher Mining based on widely used predictive technical indicators. In general, we focus on analyzing Cipher Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cipher Mining's daily price indicators and compare them against related drivers.

Additional Tools for Cipher Stock Analysis

When running Cipher Mining's price analysis, check to measure Cipher Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.