CleanSpark Balance Sheet Health
Financial Health criteria checks 5/6
CleanSpark has a total shareholder equity of $810.6M and total debt of $14.5M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are $862.7M and $52.2M respectively.
Key information
1.8%
Debt to equity ratio
US$14.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.21m |
| Equity | US$810.56m |
| Total liabilities | US$52.17m |
| Total assets | US$862.73m |
Recent financial health updates
Health Check: How Prudently Does CleanSpark (NASDAQ:CLSK) Use Debt?
Sep 22
We Think CleanSpark (NASDAQ:CLSK) Has A Fair Chunk Of Debt
Jun 21Recent updates
CleanSpark May Benefit From The Bitcoin Halving Event
Apr 01CleanSpark, Inc.'s (NASDAQ:CLSK) 145% Jump Shows Its Popularity With Investors
Feb 28CleanSpark To Benefit From SEC Decision - But Not Necessarily Right Now
Jan 15With CleanSpark, Inc. (NASDAQ:CLSK) It Looks Like You'll Get What You Pay For
Jan 04Health Check: How Prudently Does CleanSpark (NASDAQ:CLSK) Use Debt?
Sep 22We Think CleanSpark (NASDAQ:CLSK) Has A Fair Chunk Of Debt
Jun 21A Piece Of The Puzzle Missing From CleanSpark, Inc.'s (NASDAQ:CLSK) 69% Share Price Climb
Apr 17It's Unlikely That CleanSpark, Inc.'s (NASDAQ:CLSK) CEO Will See A Huge Pay Rise This Year
Mar 02CleanSpark bitcoin production climbs 13% in September, sells 380 BTC
Oct 04Be Ready To Add CleanSpark When Fed Signals Pivot
Sep 28CleanSpark: The Current Bitcoin Environment And Company Updates
Sep 16CleanSpark acquires 10K more bitcoin mining machines for $28M
Sep 07CleanSpark to acquire active bitcoin mining site in Washington, Georgia
Aug 09CleanSpark expands bitcoin mining capacity by 93 PH/s with new machine purchases
Jul 14CleanSpark mines nearly 9% more bitcoins in June vs. May
Jul 06CleanSpark - The Most Overlooked Publicly Traded Bitcoin Miner
May 03CleanSpark: Stock Dips On Flat Energy Revenues
Dec 30CleanSpark: Be Aware Of These Red Flags Before Investing
Oct 07CleanSpark, Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Aug 19CleanSpark: A Clever Way To Play Bitcoin FUD
Jul 12CleanSpark: Addressing Bitcoin Price Decline Impact And Quarterly Update
Jun 13CleanSpark closes purchase of ATL Data Center real estate
May 26CleanSpark EPS beats by $0.24, misses on revenue
May 07Analysts Expect CleanSpark, Inc. (NASDAQ:CLSK) To Breakeven Soon
May 05Financial Position Analysis
Short Term Liabilities: CLSK's short term assets ($181.7M) exceed its short term liabilities ($42.4M).
Long Term Liabilities: CLSK's short term assets ($181.7M) exceed its long term liabilities ($9.8M).
Debt to Equity History and Analysis
Debt Level: CLSK has more cash than its total debt.
Reducing Debt: CLSK's debt to equity ratio has reduced from 5.7% to 1.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLSK has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if CLSK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.