Terawulf Inc
TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.
Terawulf Inc (WULF) - Total Assets
Latest total assets as of September 2025: $2.45 Billion USD
Based on the latest financial reports, Terawulf Inc (WULF) holds total assets worth $2.45 Billion USD as of September 2025.
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.
Terawulf Inc - Total Assets Trend (2000–2024)
This chart illustrates how Terawulf Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Terawulf Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Terawulf Inc's total assets of $2.45 Billion consist of 35.7% current assets and 64.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 34.8% |
| Accounts Receivable | $3.80 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Terawulf 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: Terawulf Inc's current assets represent 35.7% of total assets in 2024, a decrease from 95.3% in 2000.
- Cash Position: Cash and equivalents constituted 34.8% of total assets in 2024, up from 1.6% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Terawulf Inc Competitors by Total Assets
Key competitors of Terawulf 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 |
Terawulf 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 - Terawulf Inc generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Terawulf Inc is currently not profitable relative to its asset base.
Terawulf 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 | 1.03 | 1.00 | 2.17 |
| Quick Ratio | 1.03 | 1.00 | 1.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $23.25 Million | $ 0.00 | $ 4.21 Million |
Terawulf Inc - Advanced Valuation Insights
This section examines the relationship between Terawulf 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 | 28.61 |
| Latest Market Cap to Assets Ratio | 6.17 |
| Asset Growth Rate (YoY) | 108.3% |
| Total Assets | $787.51 Million |
| Market Capitalization | $4.86 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Terawulf Inc's assets at a significant premium ( 6.17x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Terawulf Inc's assets grew by 108.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Terawulf Inc (2000–2024)
The table below shows the annual total assets of Terawulf Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $787.51 Million | +108.28% |
| 2023-12-31 | $378.11 Million | +19.02% |
| 2022-12-31 | $317.69 Million | +19.92% |
| 2021-12-31 | $264.91 Million | +782.89% |
| 2020-12-31 | $30.00 Million | +77.76% |
| 2019-12-31 | $16.88 Million | -3.10% |
| 2018-12-31 | $17.42 Million | +2.92% |
| 2017-12-31 | $16.92 Million | -7.50% |
| 2016-12-31 | $18.30 Million | +21.85% |
| 2015-12-31 | $15.02 Million | +2655.10% |
| 2014-12-31 | $545.00K | +3.42% |
| 2013-12-31 | $527.00K | +43.99% |
| 2012-12-31 | $366.00K | +8.28% |
| 2011-12-31 | $338.00K | +97.66% |
| 2010-12-31 | $171.00K | +5.56% |
| 2009-12-31 | $162.00K | +13.29% |
| 2008-12-31 | $143.00K | -98.81% |
| 2007-12-31 | $11.97 Million | +11.35% |
| 2006-12-31 | $10.75 Million | +14.26% |
| 2005-12-31 | $9.41 Million | +10.83% |
| 2004-12-31 | $8.49 Million | +87.40% |
| 2000-12-31 | $4.53 Million | -- |