Marathon Digital Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Marathon Digital Holdings has a total shareholder equity of $2.5B and total debt of $326.1M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are $3.0B and $480.1M respectively. Marathon Digital Holdings's EBIT is $505.9M making its interest coverage ratio 193.8. It has cash and short-term investments of $324.3M.
Key information
13.2%
Debt to equity ratio
US$326.08m
Debt
| Interest coverage ratio | 193.8x |
| Cash | US$324.27m |
| Equity | US$2.48b |
| Total liabilities | US$480.09m |
| Total assets | US$2.96b |
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
An 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 01Marathon Digital Holdings, Inc. (NASDAQ:MARA) Analysts Are More Bearish Than They Used To Be
Aug 01Marathon Digital: Short Squeeze In Progress
Jul 20These Analysts Think Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Sales Are Under Threat
Jul 07Marathon Digital: Massive Hashrate In A Bitcoin Bear Market
Jun 22Financial Position Analysis
Short Term Liabilities: MARA's short term assets ($1.6B) exceed its short term liabilities ($71.1M).
Long Term Liabilities: MARA's short term assets ($1.6B) exceed its long term liabilities ($409.0M).
Debt to Equity History and Analysis
Debt Level: MARA's net debt to equity ratio (0.07%) is considered satisfactory.
Reducing Debt: MARA's debt to equity ratio has reduced from 46.3% to 13.2% over the past 5 years.
Debt Coverage: MARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MARA's interest payments on its debt are well covered by EBIT (193.8x coverage).