CIFR
Price:
$19.83
Market Cap:
$7.83B
Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.
Industry
Financial - Capital Markets
IPO Date
2020-10-20
Stock Exchange
NASDAQ
Ticker
CIFR
According to Cipher Mining Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 70.59. This represents a change of 265.92% compared to the average of 19.29 of the last 4 quarters.
The mean historical Current Ratio of Cipher Mining Inc. over the last ten years is 92.79. The current 70.59 Current Ratio has changed 7.51% with respect to the historical average. Over the past ten years (40 quarters), CIFR's Current Ratio was at its highest in in the December 2021 quarter at 447.99. The Current Ratio was at its lowest in in the September 2020 quarter at 0.24.
Average
92.79
Median
4.60
Minimum
1.18
Maximum
447.99
Discovering the peaks and valleys of Cipher Mining Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 4.93%
Maximum Annual Current Ratio = 447.99
Minimum Annual Increase = -99.74%
Minimum Annual Current Ratio = 1.18
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.28 | -72.26% |
| 2023 | 4.60 | 288.73% |
| 2022 | 1.18 | -99.74% |
| 2021 | 447.99 | 4.93% |
The current Current Ratio of Cipher Mining Inc. (CIFR) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.35
5-year avg
92.79
10-year avg
92.79
Cipher Mining Inc.’s Current Ratio is greater than Riot Platforms, Inc. (1.47), greater than TeraWulf Inc. (1.03), less than Freedom Holding Corp. (130.89), greater than XP Inc. (0.82), greater than Bitmine Immersion Technologies, Inc. (0.41), greater than Galaxy Digital (1.35), greater than Morningstar, Inc. (1.04), greater than SouthState Corporation (0), greater than UWM Holdings Corporation (0), greater than Jefferies Financial Group Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.47 | $5.79B | |
| 1.03 | $5.90B | |
| 130.89 | $8.37B | |
| 0.82 | $10.44B | |
| 0.41 | $6.29B | |
| 1.35 | $9.14B | |
| 1.04 | $9.22B | |
| 0 | $9.25B | |
| 0 | $8.79B | |
| 0 | $12.13B |
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