Cipher Mining
Financial ratios & Valuation

Historical Multiples (2020 – 2023)

2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-19.96K-12.82-3.55-40.44-2.37-12.82
Price/Sales ratio
N/AN/A45.778.2130.5245.77
Price/Book Value ratio
-614.09K2.850.402.120.270.40
Price/Cash Flow ratio
-6.64K-31.87-6.64-11.06-4.43-31.87
Price/Free Cash Flow ratio
-6.64K-27.44-0.55-6.98-1.52-27.44
Price/Earnings Growth ratio
N/A-0.000.061.07-0.020.06
Dividend Yield
N/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/AN/A75.37%60.33%75.37%75.37%
Operating Profit Margin
N/AN/A-2449.32%-15.85%-2257.06%-2257.06%
Pretax Profit Margin
N/AN/A-1225.32%-17.51%-1225.32%-1225.32%
Net Profit Margin
N/AN/A-1285.90%-20.32%-1285.90%-1285.90%
Effective Tax Rate
25.54%0.29%-4.94%-16.06%-4.94%-4.94%
Return on Assets
-61.83%-22.22%-9.33%-4.55%-9.33%-22.22%
Return On Equity
3075.60%-22.26%-11.38%-5.24%-11.30%-22.26%
Return on Capital Employed
4415.51%-22.25%-19.67%-3.77%-18.12%-22.25%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/A1.18N/A
Quick Ratio
8.91447.990.663.620.290.66
Cash ratio
7.22420.310.292.540.290.29
Days of Sales Outstanding
N/AN/A144.222.4911.77144.22
Days of Inventory outstanding
N/AN/A10.28K239.26N/A10.28K
Operating Cycle
N/AN/A10.42K241.752.9010.42K
Days of Payables Outstanding
N/A18.14K6.97K36.136.97K6.97K
Cash Conversion Cycle
N/AN/A3.45K205.62-6.95K3.45K
Debt Ratios
Debt Ratio
N/AN/AN/A0.000.18N/A
Debt Equity Ratio
N/AN/AN/A0.000.22N/A
Long-term Debt to Capitalization
N/AN/AN/AN/A0.04N/A
Total Debt to Capitalization
N/AN/AN/A0.000.05N/A
Interest Coverage Ratio
N/AN/AN/AN/A-500.34N/A
Cash Flow to Debt Ratio
N/AN/AN/A-20.62-1.02N/A
Company Equity Multiplier
-49.731.001.221.151.221.00
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/A-6.88-0.74-6.88-6.88
Free Cash Flow / Operating Cash Flow Ratio
11.1611.891.582.901.16
Cash Flow Coverage Ratio
N/AN/AN/A-20.62-1.02N/A
Short Term Coverage Ratio
N/AN/AN/A-20.62-5.81N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/A