Cipher Mining Inc (CIFR) - Net Assets
Based on the latest financial reports, Cipher Mining Inc (CIFR) has net assets worth $587.74 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.50 Billion) and total liabilities ($6.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of Cipher Mining Inc to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $587.74 Million |
| % of Total Assets | 7.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | 136.43% |
| 10-Year Change | N/A |
| Growth Volatility | 18.13 |
Cipher Mining Inc - Net Assets Trend (2020–2025)
This chart illustrates how Cipher Mining Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see CIFR market cap overview.
Annual Net Assets for Cipher Mining Inc (2020–2025)
The table below shows the annual net assets of Cipher Mining Inc from 2020 to 2025. Also explore Cipher Mining Inc (CIFR) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $835.85 Million | +22.57% |
| 2024-12-31 | $681.95 Million | +38.80% |
| 2023-12-31 | $491.34 Million | +43.29% |
| 2022-12-31 | $342.89 Million | -3.01% |
| 2021-12-31 | $353.53 Million | +10159041.58% |
| 2020-12-31 | $-3.48K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cipher Mining Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100365252000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $412.00K | 0.05% |
| Other Components | $1.81 Billion | 224.54% |
| Total Equity | $805.53 Million | 100.00% |
Cipher Mining Inc Competitors by Market Cap
The table below lists competitors of Cipher Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oberoi Realty Limited
NSE:OBEROIRLTY
|
$7.02 Billion |
|
Stockland
AU:SGP
|
$7.02 Billion |
|
STAG Industrial Inc
NYSE:STAG
|
$7.02 Billion |
|
Light & Wonder Inc
NASDAQ:LNW
|
$7.03 Billion |
|
Kesko Oyj
HE:KESKOB
|
$7.01 Billion |
|
Military Commercial Joint Stock Bank
VN:MBB
|
$7.00 Billion |
|
OneMain Holdings Inc
NYSE:OMF
|
$7.00 Billion |
|
Cleveland-Cliffs Inc
NYSE:CLF
|
$6.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cipher Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 681,953,000 to 805,535,000, a change of 123,582,000 (18.1%).
- Net loss of 822,244,000 reduced equity.
- Share repurchases of 89,585,000 reduced equity.
- New share issuances of 245,473,000 increased equity.
- Other factors increased equity by 789,938,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-822.24 Million | -102.07% |
| Share Repurchases | $89.58 Million | -11.12% |
| Share Issuances | $245.47 Million | +30.47% |
| Other Changes | $789.94 Million | +98.06% |
| Total Change | $- | 18.12% |
Book Value vs Market Value Analysis
This analysis compares Cipher Mining Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $18.34 | x |
| 2021-12-31 | $1.62 | $18.34 | x |
| 2022-12-31 | $1.38 | $18.34 | x |
| 2023-12-31 | $1.95 | $18.34 | x |
| 2024-12-31 | $2.11 | $18.34 | x |
| 2025-12-31 | $2.11 | $18.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cipher Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -102.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -367.17%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 5.33x
- Recent ROE (-102.07%) is below the historical average (-24.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $1.11 Million |
| 2021 | -20.41% | 0.00% | 0.00x | 1.00x | $-107.51 Million |
| 2022 | -11.39% | -1285.91% | 0.01x | 1.22x | $-73.34 Million |
| 2023 | -5.25% | -20.32% | 0.22x | 1.15x | $-74.91 Million |
| 2024 | -6.55% | -29.51% | 0.18x | 1.25x | $-112.83 Million |
| 2025 | -102.07% | -367.17% | 0.05x | 5.33x | $-902.80 Million |
Industry Comparison
This section compares Cipher Mining Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $719,353,804
- Average return on equity (ROE) among peers: -16.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cipher Mining Inc (CIFR) | $587.74 Million | 0.00% | 11.76x | $7.01 Billion |
| Accenture plc (ACN) | $3.27 Billion | 54.38% | 2.92x | $107.58 Billion |
| AIOS Tech Inc. (AIOS) | $184.60 Million | 16.46% | 0.48x | $40.99 Million |
| Alithya Group Inc (ALYAF) | $199.75 Million | -15.07% | 1.24x | $75.13 Million |
| Applied Digital Corporation (APLD) | $124.83 Million | -119.58% | 5.11x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $7.98 Million |
| ASGN Inc (ASGN) | $246.74 Million | 9.85% | 0.66x | $897.55 Million |
| Aurora Innovation Inc (AUR) | $486.70 Million | -43.97% | 0.27x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $122.37 Million | -100.97% | 2.13x | $1.34 Billion |
| Broadridge Financial Solutions Inc (BR) | $2.17 Billion | 32.20% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $66.78 Million | -9.91% | 0.29x | $18.91 Million |
About Cipher Mining Inc
Cipher Digital Inc., together with its subsidiaries, develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States. It develops HPC data center facilities across various sites for hyperscaler tenants; operates power at one bitcoin mining data center; and maintains a pipeline across various sites. The company was formerly kno… Read more