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) - Total Assets
Latest total assets as of September 2024: $141.37 Million USD
Based on the latest financial reports, Stronghold Digital Mining Inc (SDIG) holds total assets worth $141.37 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Stronghold Digital Mining Inc - Total Assets Trend (2014–2023)
This chart illustrates how Stronghold Digital Mining Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Stronghold Digital Mining Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Stronghold Digital Mining Inc's total assets of $141.37 Million consist of 10.1% current assets and 89.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.4% |
| Accounts Receivable | $507.03 Million | 0.3% |
| Inventory | $4.20 Billion | 2.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Stronghold Digital Mining Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Stronghold Digital Mining Inc's current assets represent 10.1% of total assets in 2023, an increase from 0.0% in 2014.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2023, up from 1.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 57.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 2.4% of total assets.
Stronghold Digital Mining Inc Competitors by Total Assets
Key competitors of Stronghold Digital Mining Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
Stronghold Digital Mining Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Stronghold Digital Mining Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Stronghold Digital Mining Inc is currently not profitable relative to its asset base.
Stronghold Digital Mining Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.27 | 0.44 | 0.12 |
| Quick Ratio | 0.21 | 0.32 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-34.86 Million | $ -15.94 Million | $ -10.29 Million |
Stronghold Digital Mining Inc - Advanced Valuation Insights
This section examines the relationship between Stronghold Digital Mining Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.35 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 80256.0% |
| Total Assets | $174.34 Billion |
| Market Capitalization | $33.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Stronghold Digital Mining Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Stronghold Digital Mining Inc's assets grew by 80256.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Stronghold Digital Mining Inc (2014–2023)
The table below shows the annual total assets of Stronghold Digital Mining Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $174.34 Billion | +80256.02% |
| 2022-12-31 | $216.96 Million | -38.82% |
| 2021-12-31 | $354.62 Million | +3687.75% |
| 2020-12-31 | $9.36 Million | +17.75% |
| 2019-12-31 | $7.95 Million | +1227.37% |
| 2014-12-31 | $599.00K | -- |