Marathon Digital Inc. (MARA)
Marathon Digital Statistics
Share Statistics
Marathon Digital has 345.82M shares outstanding. The number of shares has increased by 26.69% in one year.
| Shares Outstanding | 345.82M |
| Shares Change (YoY) | 26.69% |
| Shares Change (QoQ) | 1.9% |
| Owned by Institutions (%) | 68.92% |
| Shares Floating | 337.55M |
| Failed to Deliver (FTD) Shares | 22.22K |
| FTD / Avg. Volume | 0.06% |
Short Selling Information
The latest short interest is 93.62M, so 27.59% of the outstanding shares have been sold short.
| Short Interest | 93.62M |
| Short % of Shares Out | 27.59% |
| Short % of Float | 36.51% |
| Short Ratio (days to cover) | 2.68 |
Valuation Ratios
The PE ratio is 8.98 and the forward PE ratio is -46.81. Marathon Digital's PEG ratio is 0.43.
| PE Ratio | 8.98 |
| Forward PE | -46.81 |
| PS Ratio | 7.41 |
| Forward PS | 4.1 |
| PB Ratio | 1.15 |
| P/FCF Ratio | -5.23 |
| PEG Ratio | 0.43 |
Enterprise Valuation
Marathon Digital has an Enterprise Value (EV) of 6.94B.
| EV / Sales | 10.58 |
| EV / EBITDA | 6.58 |
| EV / EBIT | -10.26 |
| EV / FCF | -7.46 |
Financial Position
The company has a current ratio of 4.94, with a Debt / Equity ratio of 0.58.
| Current Ratio | 4.94 |
| Quick Ratio | 5.12 |
| Debt / Equity | 0.58 |
| Debt / EBITDA | 2.34 |
| Debt / FCF | -2.66 |
| Interest Coverage | 23.55 |
Financial Efficiency
Return on Equity is 12.79% and Return on Invested Capital is 4.01%.
| Return on Equity | 12.79% |
| Return on Assets | 7.96% |
| Return on Invested Capital | 4.01% |
| Revenue Per Employee | $4.32M |
| Profits Per Employee | $3.56M |
| Employee Count | 152 |
| Asset Turnover | 0.1 |
| Inventory Turnover | -48.46 |
Taxes
| Income Tax | 75.5M |
| Effective Tax Rate | 12.25% |
Stock Price Statistics
The stock price has increased by -13.6% in the last 52 weeks. The beta is 6.11, so Marathon Digital's price volatility has been higher than the market average.
| Beta | 6.11 |
| 52-Week Price Change | -13.6% |
| 50-Day Moving Average | 13.73 |
| 200-Day Moving Average | 17.76 |
| Relative Strength Index (RSI) | 47.35 |
| Average Volume (20 Days) | 37.94M |
Income Statement
In the last 12 months, Marathon Digital had revenue of 656.38M and earned 541.25M in profits. Earnings per share was 1.72.
| Revenue | 656.38M |
| Gross Profit | -159.37M |
| Operating Income | 306.11M |
| Net Income | 541.25M |
| EBITDA | 1.06B |
| EBIT | 629.5M |
| Earnings Per Share (EPS) | 1.72 |
Balance Sheet
The company has 391.77M in cash and 2.47B in debt, giving a net cash position of -2.08B.
| Cash & Cash Equivalents | 391.77M |
| Total Debt | 2.47B |
| Net Cash | -2.08B |
| Retained Earnings | -26.39M |
| Total Assets | 6.8B |
| Working Capital | 375.18M |
Cash Flow
In the last 12 months, operating cash flow was -677.02M and capital expenditures -253.46M, giving a free cash flow of -930.48M.
| Operating Cash Flow | -677.02M |
| Capital Expenditures | -253.46M |
| Free Cash Flow | -930.48M |
| FCF Per Share | -3.21 |
Margins
Gross margin is -24.28%, with operating and profit margins of 46.64% and 82.46%.
| Gross Margin | -24.28% |
| Operating Margin | 46.64% |
| Pretax Margin | 93.92% |
| Profit Margin | 82.46% |
| EBITDA Margin | 160.9% |
| EBIT Margin | 46.64% |
| FCF Margin | -141.76% |
Dividends & Yields
MARA 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 | 11.13% |
| FCF Yield | -19.14% |
Analyst Forecast
The average price target for MARA is $21, which is 66.1% higher than the current price. The consensus rating is "Hold".
| Price Target | $21 |
| Price Target Difference | 66.1% |
| Analyst Consensus | Hold |
| Analyst Count | 16 |
Stock Splits
The last stock split was on Apr 8, 2019. It was a backward split with a ratio of 1:4.
| Last Split Date | Apr 8, 2019 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 1.49 |
| Piotroski F-Score | 2 |