Cipher Mining Inc.

Cipher Mining Inc.verified

CIFR

Price:

$6.78

Market Cap:

$2.36B

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.[Read more]

Industry

Financial - Capital Markets

IPO Date

2020-10-20

Stock Exchange

NASDAQ

Ticker

CIFR

The Current Ratio as of November 2024 (TTM) for Cipher Mining Inc. (CIFR) is 2.57

According to Cipher Mining Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of -56.72% compared to the average of 5.93 of the last 4 quarters.

Cipher Mining Inc. (CIFR) Historical Current Ratio (quarterly & annually)

How has CIFR Current Ratio performed in the past?

The mean historical Current Ratio of Cipher Mining Inc. over the last ten years is 115.67. The current 2.57 Current Ratio has changed 122.02% 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.

Quarterly (TTM)
Annual

Average

115.67

Median

6.76

Minimum

1.18

Maximum

447.99

Cipher Mining Inc. (CIFR) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.60288.73%
20221.18-99.74%
2021447.994.93%

Cipher Mining Inc. (CIFR) Average Current Ratio

How has CIFR Current Ratio performed in the past?

The current Current Ratio of Cipher Mining Inc. (CIFR) 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

151.26

5-year avg

115.67

10-year avg

115.67

Cipher Mining Inc. (CIFR) Current Ratio vs. Peers

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

Cipher Mining Inc.’s Current Ratio is less than Iris Energy Limited (8.87), less than CleanSpark, Inc. (8.94), greater than Stronghold Digital Mining, Inc. (0.27), less than Bitfarms Ltd. (3.70), greater than TeraWulf Inc. (1.00), greater than Argo Blockchain plc (0.52), greater than Greenidge Generation Holdings Inc. (1.22), greater than Argo Blockchain plc (0.43), greater than Hut 8 Mining Corp. (1.68), less than HIVE Blockchain Technologies Ltd. (5.56), less than Bit Digital, Inc. (5.27),

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