Cipher Mining Inc Working Capital to Net Assets Ratio
Cipher Mining Inc working capital to net assets ratio. Cipher Mining Inc (CIFR) has a Working Capital to Net Assets ratio of 468.4% as of June 2026. Working capital of $2.75 Billion (current assets of $4.13 Billion minus current liabilities of $1.38 Billion) is measured against net assets of $587.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Cipher Mining Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Cipher Mining Inc (2020–2025)
Working capital to net assets ratio of Cipher Mining Inc from 2020 to 2025. This chart shows how Cipher Mining Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 468.4%, reflecting working capital of $2.75 Billion against net assets of $587.74 Million USD. See CIFR defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Cipher Mining Inc Working Capital to Net Assets Ratio by Year (2020–2025)
Cipher Mining Inc working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Cipher Mining Inc from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Cipher Mining Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 233.7% | $1.95 Billion | $835.85 Million | $2.65 Billion | $699.07 Million | ▲ +228.4 pp |
| 2024 | 5.3% | $36.43 Million | $681.95 Million | $168.21 Million | $131.78 Million | ▼ -19.4 pp |
| 2023 | 24.8% | $121.70 Million | $491.34 Million | $155.50 Million | $33.79 Million | ▲ +22.6 pp |
| 2022 | 2.2% | $7.41 Million | $342.89 Million | $47.73 Million | $40.33 Million | ▼ -61.0 pp |
| 2021 | 63.1% | $223.16 Million | $353.53 Million | $223.66 Million | $499.25K | ▲ +40211.6 pp |
| 2020 | -40148.5% | $1.40 Million | $-3.48K | $1.57 Million | $176.57K | — |