CleanSpark Financials

CLSK Stock  USD 14.95  0.15  0.99%   
Based on the analysis of CleanSpark's profitability, liquidity, and operating efficiency, CleanSpark is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, CleanSpark's Accounts Payable is quite stable compared to the past year. Common Stock Total Equity is expected to rise to about 67.2 K this year, although the value of Other Current Assets will most likely fall to about 16.6 M. Key indicators impacting CleanSpark's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.991.24
Way Up
Very volatile
Investors should never underestimate CleanSpark'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 CleanSpark's cash flow, debt, and profitability to make informed and accurate decisions about investing in CleanSpark.

Net Income

(116.78 Million)

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

CleanSpark Stock Summary

CleanSpark competes with Hut 8, HIVE Blockchain, Bit Digital, Terawulf, and Bitfarms. CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. Cleanspark operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 86 people.
Specialization
Information Technology, Software & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS18452B2097
CUSIP18452B209 18452B100 86268L208 83171Y203
LocationNevada; U.S.A
Business Address10624 S Eastern
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.cleanspark.com
Phone702 989 7692
CurrencyUSD - US Dollar

CleanSpark Key Financial Ratios

CleanSpark Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab750K2.3M1.2M1.2M1.4M1.4M
Net Debt(2.6M)(15.7M)1.8M(12.5M)(11.2M)(10.7M)
Retained Earnings(116.4M)(138.4M)(196.1M)(332.6M)(299.4M)(284.4M)
Accounts Payable4.5M7.0M24.7M65.6M75.4M79.2M
Total Liab5.9M11.8M48.6M84.4M97.0M101.9M
Short Term Debt41.3K517.9K8.2M7.3M8.4M8.8M
Common Stock17.4K37.4K55.7K160K184K193.2K
Total Assets22.3M317.5M452.6M761.6M875.8M919.6M
Cash3.1M18.0M20.5M29.2M33.6M35.3M
Total Current Assets8.3M57.7M50.8M102.2M117.5M123.4M
Other Current Assets3.2M42.0M26.2M15.2M17.5M16.6M
Net Tangible Assets5.5M2.5M273.9M397.5M457.2M480.0M
Long Term Debt3.0M531.2K13.4M8.9M10.2M10.8M
Short Long Term Debt909.5K67.5K7.8M7.0M8.0M8.4M
Intangible Assets8.0M12.8M6.5M4.6M5.3M9.9M
Net Receivables1.1M307.1K27.0K5K5.8K5.5K
Capital Surpluse83.0M111.9M444.1M599.9M689.9M724.4M
Inventory(4.1T)2.7M216.4K809K728.1K764.5K

CleanSpark Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense10.4M154.1K1.1M3.0M3.4M1.7M
Operating Income(15.1M)(15.7M)(16.1M)(131.0M)(117.9M)(112.0M)
Ebit(12.9M)(8.1M)(39.0M)(128.3M)(115.5M)(109.7M)
Ebitda(10.0M)2.0M10.1M(7.6M)(6.8M)(6.5M)
Income Before Tax(23.3M)(21.8M)(40.1M)(131.3M)(118.2M)(112.3M)
Net Income(33.8M)(22.5M)(57.7M)(136.6M)(122.9M)(116.8M)
Total Revenue10.0M49.4M131.5M168.4M193.7M203.4M
Gross Profit2.1M35.5M90.3M29.1M33.5M17.4M
Cost Of Revenue7.9M14.0M41.2M139.3M160.2M168.2M
Income Tax Expense10.5M698.9K17.6M857K985.6K1.0M
Interest Income308.8K221.5K190.5K481K432.9K411.3K
Net Interest Income(10.4M)67.4K(887.3K)(2.5M)(2.2M)(2.4M)

CleanSpark Key Cash Accounts

201920202021202220232024 (projected)
Other Non Cash Items11.1M534.2K18.1M8.2M9.5M9.9M
Capital Expenditures119.8K228.6M190.7M302.3M347.7M365.0M
Net Income(23.3M)(21.8M)(40.1M)(132.2M)(118.9M)(113.0M)
Free Cash Flow(6.8M)(264.0M)(119.2M)(332.7M)(299.4M)(284.5M)
End Period Cash Flow3.1M18.0M20.5M29.2M33.6M35.3M
Change In Cash(4.7M)14.9M2.4M8.8M10.1M10.6M
Net Borrowings13.4M313.7K(5.9M)16.4M18.9M19.8M
Depreciation2.9M12.2M49.0M120.7M138.8M145.8M
Change To Netincome10.6M1.9M11.3M47.9M55.0M57.8M
Change To Inventory137.5K(2.2M)(136.6K)(593K)(533.7K)(560.4K)
Investments(2.4M)373.1K(211.0M)(331.9M)(298.7M)(283.8M)

CleanSpark Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CleanSpark's current stock value. Our valuation model uses many indicators to compare CleanSpark value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CleanSpark competition to find correlations between indicators driving CleanSpark's intrinsic value. More Info.
CleanSpark is rated below average in return on equity category among its peers. It is number one stock in return on asset category among its peers . At this time, CleanSpark's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value CleanSpark 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.

CleanSpark Systematic Risk

CleanSpark's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CleanSpark 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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on CleanSpark correlated with the market. If Beta is less than 0 CleanSpark generally moves in the opposite direction as compared to the market. If CleanSpark Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CleanSpark is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CleanSpark is generally in the same direction as the market. If Beta > 1 CleanSpark moves generally in the same direction as, but more than the movement of the benchmark.

CleanSpark Thematic Clasifications

CleanSpark is part of Cleaning investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cleaning products, supplies, and accessories. Compnanies producing and distributing cleaning products, supplies, and accessories
CleaningView
This theme covers Cleaning products, supplies, and accessories. Compnanies producing and distributing cleaning products, supplies, and accessories. Get More Thematic Ideas
Today, most investors in CleanSpark Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CleanSpark'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 CleanSpark growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.41

At this time, CleanSpark's Price Earnings To Growth Ratio is quite stable compared to the past year.

CleanSpark November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CleanSpark help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CleanSpark. We use our internally-developed statistical techniques to arrive at the intrinsic value of CleanSpark based on widely used predictive technical indicators. In general, we focus on analyzing CleanSpark Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CleanSpark's daily price indicators and compare them against related drivers.
When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CleanSpark. If investors know CleanSpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.