Marathon Digital Holdings, Inc.

Marathon Digital Holdings, Inc.verified

MARA

Price:

$18.73

Market Cap:

$5.11B

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.[Read more]

Industry

Financial - Capital Markets

IPO Date

2012-05-04

Stock Exchange

NASDAQ

Ticker

MARA

The Current Ratio as of June 2024 (TTM) for Marathon Digital Holdings, Inc. (MARA) is 23.07

According to Marathon Digital Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 23.07. This represents a change of 15.60% compared to the average of 19.95 of the last 4 quarters.

Marathon Digital Holdings, Inc. (MARA) Historical Current Ratio (quarterly & annually)

How has MARA Current Ratio performed in the past?

The mean historical Current Ratio of Marathon Digital Holdings, Inc. over the last ten years is 29.44. The current 23.07 Current Ratio has changed 7.74% with respect to the historical average. Over the past ten years (40 quarters), MARA's Current Ratio was at its highest in in the March 2021 quarter at 219.25. The Current Ratio was at its lowest in in the September 2016 quarter at 0.15.

Quarterly (TTM)
Annual

Average

29.44

Median

1.64

Minimum

0.27

Maximum

198.38

Marathon Digital Holdings, Inc. (MARA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Marathon Digital Holdings, 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 = 24.50%

Maximum Annual Current Ratio = 198.38

Minimum Annual Increase = -94.21%

Minimum Annual Current Ratio = 0.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
202330.51187.01%
202210.63-78.69%
202149.89-74.85%
2020198.3824.50%
20190.81-39.19%
20181.33-32.41%
20171.96627.04%
20160.27-4.28%
20150.28-17.56%
20140.34-94.21%

Marathon Digital Holdings, Inc. (MARA) Average Current Ratio

How has MARA Current Ratio performed in the past?

The current Current Ratio of Marathon Digital Holdings, Inc. (MARA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

30.34

5-year avg

58.04

10-year avg

29.44

Marathon Digital Holdings, Inc. (MARA) Current Ratio vs. Peers

How is MARA’s Current Ratio compared to its peers?

Marathon Digital Holdings, Inc.’s Current Ratio is greater than Hut 8 Mining Corp. (1.99), greater than CleanSpark, Inc. (12.50), greater than Bit Digital, Inc. (12.27), greater than Bitfarms Ltd. (3.02), greater than HIVE Blockchain Technologies Ltd. (3.51), greater than Riot Blockchain, Inc. (8.47), greater than TeraWulf Inc. (0.45),

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