MARA Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MARA Holdings has a total shareholder equity of $2.6B and total debt of $326.5M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are $3.1B and $474.5M respectively. MARA Holdings's EBIT is $68.7M making its interest coverage ratio -25.3. It has cash and short-term investments of $256.0M.
Key information
12.4%
Debt to equity ratio
US$326.51m
Debt
| Interest coverage ratio | -25.3x |
| Cash | US$256.03m |
| Equity | US$2.64b |
| Total liabilities | US$474.50m |
| Total assets | US$3.12b |
Recent financial health updates
These 4 Measures Indicate That Marathon Digital Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well
Jul 02
We Think Marathon Digital Holdings (NASDAQ:MARA) Has A Fair Chunk Of Debt
Jan 16Is Marathon Digital Holdings (NASDAQ:MARA) Using Too Much Debt?
Sep 22Here's Why Marathon Digital Holdings (NASDAQ:MARA) Can Afford Some Debt
May 22Recent updates
MARA: 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 11Are Investors Undervaluing Marathon Digital Holdings, Inc. (NASDAQ:MARA) By 48%?
Dec 12Is Marathon Digital Holdings (NASDAQ:MARA) Using Too Much Debt?
Sep 22A Look At The Intrinsic Value Of Marathon Digital Holdings, Inc. (NASDAQ:MARA)
Jul 10Here's Why Marathon Digital Holdings (NASDAQ:MARA) Can Afford Some Debt
May 22Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) P/S Is Still On The Mark Following 47% Share Price Bounce
Apr 17Is Marathon Digital Holdings, Inc. (NASDAQ:MARA) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 06Marathon Digital reaches $24M settlement with ex-CEO Merrick Okamoto
Oct 17Marathon Digital: Bitcoin Miner Investors Should Look Elsewhere
Sep 29Why Marathon Digital Holdings Remains Compelling
Sep 13Bitcoin mining stocks start off September on a down note
Sep 01Marathon Digital: Buy This Bitcoin Mining Stock During Crypto Crash
Aug 23Is Riot Blockchain's Strategy Beating Marathon Digital's?
Aug 12Analysts Have Lowered Expectations For Marathon Digital Holdings, Inc. (NASDAQ:MARA) After Its Latest Results
Aug 12Marathon Digital expands credit facilities with Silvergate to boost funding options
Aug 01Financial Position Analysis
Short Term Liabilities: MARA's short term assets ($371.9M) exceed its short term liabilities ($99.2M).
Long Term Liabilities: MARA's short term assets ($371.9M) do not cover its long term liabilities ($375.3M).
Debt to Equity History and Analysis
Debt Level: MARA's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: MARA's debt to equity ratio has reduced from 58% to 12.4% over the past 5 years.
Debt Coverage: MARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MARA earns more interest than it pays, so coverage of interest payments is not a concern.