Cipher Mining (CIFR)

Net assets on the balance sheet as of September 2024 : HK$5.23 Billion

According to Cipher Mining's latest financial reports the company has HK$5.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cipher Mining - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.83 B	43.23%
2022-12-31	$HK$2.67 B	-2.81%
2021-12-31	$HK$2.75 B
2021-01-31	$-HK$0.03 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Cipher Mining (CIFR) - Net assets