Marathon Digital Holdings Inc (MARA) — Cash Flow-to-Debt Ratio
Marathon Digital Holdings Inc (MARA) has a Cash Flow-to-Debt Ratio of -0.18x as of June 2026, meaning its operating cash flow of $-471.26 Million could theoretically repay 0% of its total liabilities ($2.59 Billion) in one year. See MARA financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Marathon Digital Holdings Inc Cash Flow-to-Debt Ratio (2011–2025)
Historical debt coverage capacity for Marathon Digital Holdings Inc across 15 annual periods. For the full cash flow conversion analysis, see MARA cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Marathon Digital Holdings Inc (2011–2025)
Year-by-year debt coverage analysis for Marathon Digital Holdings Inc. Check MARA cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | $94.72 Million | $3.81 Billion | ▲ +109.8% |
| 2024 | -0.25x | $-677.02 Million | $2.67 Billion | ▲ +69.8% |
| 2023 | -0.84x | $-315.65 Million | $375.05 Million | ▼ -285.9% |
| 2022 | -0.22x | $-176.48 Million | $809.30 Million | ▼ -815.9% |
| 2021 | -0.02x | $-18.22 Million | $765.22 Million | ▲ +99.5% |
| 2020 | -5.16x | $-7.77 Million | $1.51 Million | ▼ -362.2% |
| 2019 | -1.12x | $-3.32 Million | $2.97 Million | ▲ +69.2% |
| 2018 | -3.62x | $-8.24 Million | $2.27 Million | ▼ -157.1% |
| 2017 | -1.41x | $-10.81 Million | $7.67 Million | ▼ -482.0% |
| 2016 | 0.37x | $10.17 Million | $27.58 Million | ▲ +530.4% |
| 2015 | -0.09x | $-2.96 Million | $34.55 Million | ▼ -167.8% |
| 2014 | 0.13x | $4.46 Million | $35.23 Million | ▲ +106.5% |
| 2013 | -1.93x | $-1.52 Million | $785.61K | ▲ +86.5% |
| 2012 | -14.36x | $-1.26 Million | $87.82K | ▼ -10669.3% |
| 2011 | -0.13x | $-34.27K | $256.97K | — |