Cipher Accounts Payable from 2010 to 2025
| CIFR Stock | USD 4.18 0.08 1.95% |
Accounts Payable | First Reported 2010-12-31 | Previous Quarter 22.7 M | Current Value 23.8 M | Quarterly Volatility 8.3 M |
Check Cipher Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cipher Mining's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Other Operating Expenses of 85.8 M or Total Operating Expenses of 60.8 M, as well as many indicators such as Price To Sales Ratio of 8.98, Dividend Yield of 0.0 or PTB Ratio of 2.31. Cipher financial statements analysis is a perfect complement when working with Cipher Mining Valuation or Volatility modules.
Cipher | Accounts Payable |
Latest Cipher Mining's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Cipher Mining over the last few years. An accounting item on the balance sheet that represents Cipher Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cipher Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Cipher Mining's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cipher Mining's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Cipher Accounts Payable Regression Statistics
| Arithmetic Mean | 4,128,879 | |
| Geometric Mean | 23,999 | |
| Coefficient Of Variation | 201.62 | |
| Mean Deviation | 6,160,429 | |
| Median | 1,919 | |
| Standard Deviation | 8,324,615 | |
| Sample Variance | 69.3T | |
| Range | 23.8M | |
| R-Value | 0.70 | |
| Mean Square Error | 37.4T | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | 1,231,675 | |
| Total Sum of Squares | 1039.5T |
Cipher Accounts Payable History
About Cipher Mining Financial Statements
Cipher Mining shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Cipher Mining investors may analyze each financial statement separately, they are all interrelated. The changes in Cipher Mining's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cipher Mining's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 22.7 M | 23.8 M |
Pair Trading with Cipher Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cipher Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cipher Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Cipher Stock
Moving against Cipher Stock
| 0.58 | CGBD | Carlyle Secured Lending | PairCorr |
| 0.42 | TSLX | Sixth Street Specialty | PairCorr |
| 0.38 | FDUS | Fidus Investment Corp | PairCorr |
The ability to find closely correlated positions to Cipher Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cipher Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cipher Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cipher Mining to buy it.
The correlation of Cipher Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cipher Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cipher Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cipher Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Cipher Stock Analysis
When running Cipher Mining's price analysis, check to measure Cipher Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.