Stronghold Digital Mining Inc
Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New Yo… Read more
Stronghold Digital Mining Inc (SDIG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.081x
Based on the latest financial reports, Stronghold Digital Mining Inc (SDIG) has a cash flow conversion efficiency ratio of 0.081x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.51 Million) by net assets ($31.07 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Stronghold Digital Mining Inc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Stronghold Digital Mining Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Stronghold Digital Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Stronghold Digital Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elin Electronics Limited
NSE:ELIN
|
0.017x |
|
Kalray S.A.
LSE:0ABT
|
N/A |
|
G J Steel Public Company Limited
BK:GJS
|
-0.036x |
|
Chien Shing Stainless Steel Co Ltd
TW:2025
|
-0.106x |
|
Hansol Csn
KO:009180
|
0.030x |
|
Vection Technologies Ltd
AU:VR1
|
0.003x |
|
Luxury Real Estate Investment Fund
BK:LUXF
|
-0.005x |
|
OFCO Industrial
TWO:5011
|
0.053x |
Annual Cash Flow Conversion Efficiency for Stronghold Digital Mining Inc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Stronghold Digital Mining Inc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $63.81 Billion | $-7.15 Million | 0.000x | +99.96% |
| 2022-12-31 | $94.78 Million | $-27.15 Million | -0.287x | -1123.37% |
| 2021-12-31 | $241.89 Million | $-5.66 Million | -0.023x | +83.86% |
| 2020-12-31 | $-4.05 Million | $587.22K | -0.145x | +46.57% |
| 2019-12-31 | $-2.78 Million | $755.18K | -0.272x | -- |