What is Core Scientific, Inc.'s net debt / EBITDA?

Core Scientific, Inc. (CORZ) reported net debt / EBITDA of 6.5× in Q3 2024.

What does net debt / EBITDA mean?

How many years of operating earnings it would take to pay off the company's net debt.

How do you interpret net debt / EBITDA?

Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.

How does net debt / EBITDA compare across companies?

A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.

Core Scientific, Inc. CORZ Net debt / EBITDA

Net debt / EBITDA at other companies

TeraWulfWULF

-1×—

Equinix, Inc.EQIX

5.4×+0.4×

Digital RealtyDLR

-0.7×-0.2×

Cipher Digital, Inc. CIFR

1.5×—

Iris EnergyIREN

-20.3×—

Hut 8 Mining Corp.HUT

0×-1.1×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$249.9M+655%

CapEx$389.2M+363%

Free cash flow-$139.3M-8.0%

Valuation

See full

Market cap$9.27B+121%

Enterprise value$10.28B+119%

P/S26.1×+15.9×

Profitability

See full

Gross margin16.9%+4.3pp

Operating margin-144.7%-478pp

Net margin-238.9%-1.8pp

FCF margin-130%-246pp

Returns & leverage

See full

Return on equity-242.4%—

Debt / equity2.2×—

Current ratio0.5×-3.7×

Where this comes from

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

net debt/ebitda=6.5×

Based on the most recent quarter.

The official record: Core Scientific, Inc.’s 10-Q, filed October 24, 2025, on SEC EDGAR. View the filing →

Ask your AI about Core Scientific, Inc.'s net debt / ebitda.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Core Scientific, Inc.'s net debt / EBITDA?: Core Scientific, Inc. (CORZ) reported net debt / EBITDA of 6.5× in Q3 2024.
What does net debt / EBITDA mean?: How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?: Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?: A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.