MARA Holdings Balance Sheet Health
Financial Health criteria checks 3/6
MARA Holdings has a total shareholder equity of $2.9B and total debt of $618.7M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are $3.6B and $724.6M respectively.
Key information
21.7%
Debt to equity ratio
US$618.68m
Debt
| Interest coverage ratio | n/a |
| Cash | US$164.26m |
| Equity | US$2.86b |
| Total liabilities | US$724.56m |
| Total assets | US$3.58b |
Recent financial health updates
These 4 Measures Indicate That MARA Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well
Nov 11
These 4 Measures Indicate That Marathon Digital Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well
Jul 02We Think Marathon Digital Holdings (NASDAQ:MARA) Has A Fair Chunk Of Debt
Jan 16Recent updates
Estimating The Intrinsic Value Of MARA Holdings, Inc. (NASDAQ:MARA)
Dec 19MARA Holdings: A Pioneering Force In Crypto
Dec 09MARA Holdings: If You Can't Beat Hyperscalers, Partner With Them
Nov 20We Think That There Are Issues Underlying MARA Holdings' (NASDAQ:MARA) Earnings
Nov 19MARA Holdings, Inc.'s (NASDAQ:MARA) P/S Is Still On The Mark Following 56% Share Price Bounce
Nov 12These 4 Measures Indicate That MARA Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well
Nov 11MARA Holdings: Mining Kaspa Doesn't Fix The Fundamental Problem
Oct 17MARA: Top Miner Now Mining And Buying Bitcoin
Aug 24With A 27% Price Drop For Marathon Digital Holdings, Inc. (NASDAQ:MARA) You'll Still Get What You Pay For
Aug 13An Intrinsic Calculation For Marathon Digital Holdings, Inc. (NASDAQ:MARA) Suggests It's 41% Undervalued
Jul 23These 4 Measures Indicate That Marathon Digital Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well
Jul 02Marathon Digital: Progress On Scaling And Efficiency, But Volatility Should Persist
May 25After Leaping 35% Marathon Digital Holdings, Inc. (NASDAQ:MARA) Shares Are Not Flying Under The Radar
May 21Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Share Price Is Still Matching Investor Opinion Despite 27% Slump
Apr 03Marathon Digital Is No Longer A Bitcoin Proxy
Mar 08Marathon Digital: Earn A 21% Annualized Yield Betting On This Leading Bitcoin Miner
Feb 12Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Share Price Is Still Matching Investor Opinion Despite 31% Slump
Feb 06We Think Marathon Digital Holdings (NASDAQ:MARA) Has A Fair Chunk Of Debt
Jan 16Marathon Digital: Poised To Ride The Bullish Bitcoin Wave In 2024
Jan 11Financial Position Analysis
Short Term Liabilities: MARA's short term assets ($239.4M) exceed its short term liabilities ($59.8M).
Long Term Liabilities: MARA's short term assets ($239.4M) do not cover its long term liabilities ($664.8M).
Debt to Equity History and Analysis
Debt Level: MARA's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: MARA's debt to equity ratio has reduced from 28.6% to 21.7% over the past 5 years.
Debt Coverage: MARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MARA's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MARA Holdings, Inc. is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Ramsey El-Assal | Barclays |
| Lucas Pipes | B. Riley Securities, Inc. |