Cipher Mining Inc. financial data

Symbol
CIFR, CIFRW on Nasdaq
Industry
Finance Services
Location
1 Vanderbilt Avenue, Floor 54, New York, New York
Fiscal year end
December 31
Former names
GOOD WORKS ACQUISITION CORP. (to 8/25/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 353 % +104%
Debt-to-equity 16.8 % +18.3%
Return On Equity 4.2 %
Return On Assets 3.6 %
Operating Margin 20.1 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 296 M shares +19.3%
Common Stock, Shares, Outstanding 307 M shares +23.2%
Entity Public Float 124 M USD +118%
Common Stock, Value, Issued 313 K USD +23.7%
Weighted Average Number of Shares Outstanding, Basic 297 M shares +19.3%
Weighted Average Number of Shares Outstanding, Diluted 304 M shares +22.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 153 M USD +120%
Cost of Revenue 57 M USD +82%
General and Administrative Expense 85.8 M USD +45.6%
Operating Income (Loss) 30.8 M USD
Nonoperating Income (Expense) 59 K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 27.7 M USD
Income Tax Expense (Benefit) 9.06 M USD +7849%
Net Income (Loss) Attributable to Parent 18.7 M USD
Earnings Per Share, Basic 0.05 USD/shares
Earnings Per Share, Diluted 0.05 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 88.7 M USD +2161%
Accounts Receivable, after Allowance for Credit Loss, Current 281 K USD
Assets, Current 250 M USD +586%
Property, Plant and Equipment, Net 239 M USD -9.31%
Operating Lease, Right-of-Use Asset 6.82 M USD +40.2%
Intangible Assets, Net (Excluding Goodwill) 8.16 M USD
Assets 677 M USD +64.1%
Accounts Payable, Current 10.7 M USD +436%
Accrued Liabilities, Current 18.7 M USD +7.61%
Liabilities, Current 31 M USD -6.97%
Deferred Income Tax Liabilities, Net 10.4 M USD +448%
Operating Lease, Liability, Noncurrent 6.03 M USD +42.8%
Liabilities 76.2 M USD +12%
Retained Earnings (Accumulated Deficit) -96.9 M USD +17.8%
Stockholders' Equity Attributable to Parent 601 M USD +73.2%
Liabilities and Equity 677 M USD +64.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -26.6 M USD -163%
Net Cash Provided by (Used in) Financing Activities 60.2 M USD
Net Cash Provided by (Used in) Investing Activities -31 M USD -1282%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 313 M shares +23.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.57 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 88.7 M USD +2161%
Deferred Tax Assets, Valuation Allowance 8.52 M USD -30%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 39.9 M USD +39.2%
Operating Lease, Liability 7.23 M USD +37%
Depreciation 64.4 M USD +302%
Payments to Acquire Property, Plant, and Equipment 7.9 M USD -56%
Lessee, Operating Lease, Liability, to be Paid 9.7 M USD +47.2%
Property, Plant and Equipment, Gross 314 M USD +12.9%
Operating Lease, Liability, Current 1.2 M USD +13.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.67 M USD +5.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.38 M USD +114%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure -9.17%
Deferred Income Tax Expense (Benefit) 8.49 M USD +9670%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.47 M USD +88.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 699 K USD -55.8%
Deferred Tax Assets, Operating Loss Carryforwards 27.1 M USD +164%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 3.37 M USD +82.9%
Current Income Tax Expense (Benefit) 570 K USD +2171%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 699 K USD -55.8%
Operating Lease, Payments 1.66 M USD +1.52%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 201 K USD
Amortization of Intangible Assets 147 K USD
Share-based Payment Arrangement, Expense 10.5 M USD
Interest Expense 2 M USD -0.25%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%