What is Twenty One Capital 's cash ratio?

Twenty One Capital (XXI) reported cash ratio of 23.4× in Q1 2026.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Twenty One Capital XXI Cash ratio

Cash ratio at other companies

MicroStrategyMSTR

5.6×+5.4×

CourseraCOUR

2.2×-0.1×

Coinbase Global, Inc.COIN

1.1×-0.8×

Marathon Digital HoldingsMARA

1.6×+1.0×

BlockXYZ

1.1×-0.4×

Other financials

Income statement

See full

Operating income-$10.6M—

Net income-$859.7M—

EPS (diluted)-$1.32—

Balance sheet

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Cash & equivalents$114.1M—

Total equity$2.6B—

Total assets$3.1B—

Cash flow

See full

Operating cash flow-$3.6M—

CapEx$713.2M—

Free cash flow-$715.6M—

Valuation

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Market cap$1.87B—

Returns & leverage

See full

Current ratio25.2×—

Where this comes from

Calculated from Twenty One Capital ’s reported figures.

cash and equivalents/total current liabilities=23.4×

Based on the most recent quarter.

The official record: Twenty One Capital ’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Twenty One Capital 's cash ratio?: Twenty One Capital (XXI) reported cash ratio of 23.4× in Q1 2026.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.