Coinbase Global Inc. (COIN)
Coinbase Global Statistics
Share Statistics
Coinbase Global has 253.88M shares outstanding. The number of shares has increased by 3.38% in one year.
| Shares Outstanding | 253.88M |
| Shares Change (YoY) | 3.38% |
| Shares Change (QoQ) | 1.41% |
| Owned by Institutions (%) | 49.01% |
| Shares Floating | 241.58M |
| Failed to Deliver (FTD) Shares | 5 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 9.42M, so 3.71% of the outstanding shares have been sold short.
| Short Interest | 9.42M |
| Short % of Shares Out | 3.71% |
| Short % of Float | 4.54% |
| Short Ratio (days to cover) | 1.23 |
Valuation Ratios
The PE ratio is 23.82 and the forward PE ratio is 22.38. Coinbase Global's PEG ratio is 0.01.
| PE Ratio | 23.82 |
| Forward PE | 22.38 |
| PS Ratio | 9.36 |
| Forward PS | 8.4 |
| PB Ratio | 5.98 |
| P/FCF Ratio | 24.02 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Coinbase Global has an Enterprise Value (EV) of 57.37B.
| EV / Sales | 8.74 |
| EV / EBITDA | 18.21 |
| EV / EBIT | 22.44 |
| EV / FCF | 22.44 |
Financial Position
The company has a current ratio of 2.28, with a Debt / Equity ratio of 0.44.
| Current Ratio | 2.28 |
| Quick Ratio | 2.28 |
| Debt / Equity | 0.44 |
| Debt / EBITDA | 1.44 |
| Debt / FCF | 1.77 |
| Interest Coverage | 28.61 |
Financial Efficiency
Return on Equity is 25.1% and Return on Invested Capital is 13.57%.
| Return on Equity | 25.1% |
| Return on Assets | 11.44% |
| Return on Invested Capital | 13.57% |
| Revenue Per Employee | $1.74M |
| Profits Per Employee | $683.74K |
| Employee Count | 3,772 |
| Asset Turnover | 0.29 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 363.58M |
| Effective Tax Rate | 12.36% |
Stock Price Statistics
The stock price has increased by -22.56% in the last 52 weeks. The beta is 3.65, so Coinbase Global's price volatility has been higher than the market average.
| Beta | 3.65 |
| 52-Week Price Change | -22.56% |
| 50-Day Moving Average | 204.53 |
| 200-Day Moving Average | 227.64 |
| Relative Strength Index (RSI) | 45.13 |
| Average Volume (20 Days) | 9.53M |
Income Statement
In the last 12 months, Coinbase Global had revenue of 6.56B and earned 2.58B in profits. Earnings per share was 10.42.
| Revenue | 6.56B |
| Gross Profit | 5.67B |
| Operating Income | 2.31B |
| Net Income | 2.58B |
| EBITDA | 3.15B |
| EBIT | 3.02B |
| Earnings Per Share (EPS) | 10.42 |
Balance Sheet
The company has 8.58B in cash and 4.53B in debt, giving a net cash position of 4.05B.
| Cash & Cash Equivalents | 8.58B |
| Total Debt | 4.53B |
| Net Cash | 4.05B |
| Retained Earnings | 4.96B |
| Total Assets | 22.54B |
| Working Capital | 10.17B |
Cash Flow
In the last 12 months, operating cash flow was 2.56B and capital expenditures 0, giving a free cash flow of 2.56B.
| Operating Cash Flow | 2.56B |
| Capital Expenditures | 0 |
| Free Cash Flow | 2.56B |
| FCF Per Share | 10.34 |
Margins
Gross margin is 86.32%, with operating and profit margins of 35.15% and 39.29%.
| Gross Margin | 86.32% |
| Operating Margin | 35.15% |
| Pretax Margin | 44.83% |
| Profit Margin | 39.29% |
| EBITDA Margin | 48% |
| EBIT Margin | 35.15% |
| FCF Margin | 38.95% |
Dividends & Yields
COIN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 4.2% |
| FCF Yield | 4.16% |
Analyst Forecast
The average price target for COIN is $307.5, which is 75.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $307.5 |
| Price Target Difference | 75.8% |
| Analyst Consensus | Buy |
| Analyst Count | 24 |
Scores
| Altman Z-Score | 3.74 |
| Piotroski F-Score | 7 |