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Discontinued — last reported Q3 '22

Debt-to-equity at other companies

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TeraWulfWULF
25.4×+25.4×
Equinix, Inc. logo
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1.6×+0.2×
Applied Digital logo
Applied DigitalAPLD
1.8×+0.8×
Digital Realty logo
Digital RealtyDLR
0.1×0.0×
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
6.6×+6.6×
Iris Energy logo
Iris EnergyIREN
0.1×

Other financials

Income statement

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Revenue$115.2M+44.9%
Gross profit$30.1M+267%
Operating income-$310.4M-560%
Net income-$347.2M-160%
EPS (diluted)-$1.06-185%

Balance sheet

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Cash & equivalents$1.1B+64.0%
Total debt$2.2B+82.8%
Total equity-$1.3B-323%
Total assets$3.1B+88.9%

Cash flow

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Operating cash flow$249.9M+655%
CapEx$389.2M+363%
Free cash flow-$139.3M-8.0%

Valuation

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Market cap$9.27B+121%
Enterprise value$10.28B+119%
P/S26.1×+15.9×

Profitability

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Gross margin16.9%+4.3pp
Operating margin-144.7%-478pp
Net margin-238.9%-1.8pp
FCF margin-130%-246pp

Returns & leverage

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Return on equity-242.4%
Current ratio0.5×-3.7×

Where this comes from

Calculated from Core Scientific, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Core Scientific, Inc.’s 10-Q, filed November 22, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core Scientific, Inc.'s debt-to-equity?
Core Scientific, Inc. (CORZ) reported debt-to-equity of 2.2× in Q3 2022.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.