Cipher Digital Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Cipher Digital Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Growth Efficiency Ratio: Sales grew 7,274% in 3 years, but profit fell: $355 less profit per $100 of extra sales. Lower than 96% of Technology companies in United States.
- Cash Cushion Ratio: Debt, after subtracting cash, equals 62% of its market value (net debt). Lower than 90% of Technology companies in United States.
- Tangible Assets Ratio: Of every $100 the company owns, $98 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. More tangible than 89% of Technology companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
-0.5×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 76% of Technology companies in United States.
Cash Locked Ratio
$34For every $100 of sales, $34 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $944 from others' credit three years earlier.
More money tied up than 75% of Technology companies in United States.
Growth quality
Steadiness Ratio
3/3 · 1/3Sales grew in 3 of the last 3 years; profit grew in 1 of 3.
Steadier than 54% of Technology companies in United States.
Growth Efficiency Ratio
−$355Sales grew 7,274% in 3 years, but profit fell: $355 less profit per $100 of extra sales.
Lower than 96% of Technology companies in United States.
Asset Productivity Ratio
+7274% / +926%In 3 years sales changed by +7274% while total assets changed by +926%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
-5.5×Operating cash was negative last year, while some debt falls due within a year.
Lower than 84% of Technology companies in United States.
Cash Cushion Ratio
−62%Debt, after subtracting cash, equals 62% of its market value (net debt).
Lower than 90% of Technology companies in United States.
Tangible Assets Ratio
98%Of every $100 the company owns, $98 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 89% of Technology companies in United States.
Tangible Net Worth Ratio
90%Of every $100 of net worth, $90 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 81% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
Cipher Digital Inc. made a loss over the last year. Cipher Digital Inc. owes $0.92 for every $1 it owns. Cipher Digital Inc. made a loss in each of the last two years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
LossCipher Digital Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
5.86The share price is 5.86 times Cipher Digital Inc.'s book value per share, higher than 73% of Technology companies in United States.
Market cap
$3.3 BThe total market value of all of Cipher Digital Inc.'s shares at today's price (share price × number of shares), larger than 62% of Technology companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$562 MWhat Cipher Digital Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$1.35Net worth divided by the number of shares. The share price of $7.94 is 5.9 times this, which is the P/B above.
Return on equity (ROE)
-167.5%Cipher Digital Inc. lost 167.5% of its shareholders' money over the last year, lower than 94% of Technology companies in United States.
Owes vs Owns
0.92×Cipher Digital Inc. owes $0.92 for every $1 it owns (high), higher than 90% of Technology companies in United States.
Dividend yield
NoneCipher Digital Inc. does not currently pay a dividend.
Revenue growth
+48%Revenue rose 48% in the year to Dec 2025, and grew 319% a year on average over 3 years.
Profit growth
LossCipher Digital Inc. made a loss in each of the last two years.
Profit margin
-367.2%Cipher Digital Inc. lost $367 for every $100 of revenue.
Interest cover
Not coveredCipher Digital Inc.'s operating profit did not cover its interest costs in the year to Dec 2025.
Cash vs debt
Net debtCipher Digital Inc. had $2.1 B more debt than cash (net debt) at Dec 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Cipher Digital Inc.: $3.3 B ÷ $562 M (30 Jun 2026) = 5.9.
What is Cipher Digital Inc.'s return on equity?
Cipher Digital Inc. lost 167.5% of its shareholders' money over the last year, lower than 94% of Technology companies in United States.
How much does Cipher Digital Inc. owe compared with what it owns?
Cipher Digital Inc. owes $0.92 for every $1 it owns (high), higher than 90% of Technology companies in United States.
Does Cipher Digital Inc. pay a dividend?
No. Cipher Digital Inc. does not currently pay a dividend.
Is Cipher Digital Inc.'s revenue growing?
Revenue rose 48% in the year to Dec 2025, and grew 319% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.