Marathon Digital Holdings Stock Today

MARA Stock  USD 27.42  0.50  1.86%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Marathon Digital is trading at 27.42 as of the 30th of November 2024, a 1.86 percent increase since the beginning of the trading day. The stock's open price was 26.92. Marathon Digital has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Marathon Digital Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
4th of May 2012
Category
Financial Services
Classification
Information Technology
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada. The company has 321.83 M outstanding shares of which 64.81 M shares are now shorted by private and institutional investors with about 1.2 trading days to cover. More on Marathon Digital Holdings

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Marathon Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaBlockchain (View all Themes)
Business ConcentrationApplication Software, Software & Services, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Blockchain, Information Technology, Software, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.1946
Way Up
Very volatile
Total Current Liabilities35.4 M33.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total175.9 M341.3 M
Way Down
Slightly volatile
Total Assets2.1 BB
Sufficiently Up
Slightly volatile
Total Current Assets1.1 BB
Sufficiently Up
Slightly volatile
Debt Levels
Marathon Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Marathon Digital's financial leverage. It provides some insight into what part of Marathon Digital's total assets is financed by creditors.
Liquidity
Marathon Digital Holdings currently holds 326.13 M in liabilities with Debt to Equity (D/E) ratio of 1.16, which is about average as compared to similar companies. Marathon Digital Holdings has a current ratio of 3.94, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Marathon Digital's use of debt, we should always consider it together with its cash and equity.

Sale Purchase Of Stock

(14.96 Million)
Marathon Digital Holdings (MARA) is traded on NASDAQ Exchange in USA. It is located in 101 NE Third Avenue, Fort Lauderdale, FL, United States, 33301 and employs 60 people. Marathon Digital is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.82 B. Marathon Digital Holdings conducts business under Software sector and is part of Information Technology industry. The entity has 321.83 M outstanding shares of which 64.81 M shares are now shorted by private and institutional investors with about 1.2 trading days to cover. Marathon Digital Holdings currently holds about 86.46 M in cash with (315.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74.
Check Marathon Digital Probability Of Bankruptcy
Ownership Allocation
Marathon Digital Holdings maintains a total of 321.83 Million outstanding shares. Over half of Marathon Digital's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Marathon Ownership Details

Marathon Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
2.3 M
Norges Bank2024-06-30
2.2 M
Bank Of New York Mellon Corp2024-06-30
M
Jpmorgan Chase & Co2024-06-30
1.8 M
First Trust Advisors L.p.2024-06-30
1.7 M
Tidal Investments Llc.2024-09-30
1.5 M
Principal Financial Group Inc2024-09-30
1.4 M
Simplex Trading, Llc2024-06-30
1.4 M
Millennium Management Llc2024-06-30
1.3 M
Blackrock Inc2024-06-30
43 M
Vanguard Group Inc2024-09-30
36.1 M
View Marathon Digital Diagnostics

Marathon Digital Historical Income Statement

At present, Marathon Digital's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 100 M, whereas Gross Profit is projected to grow to (14.6 M). View More Fundamentals

Marathon Stock Against Markets

Marathon Digital Corporate Management

Narenderkumar MadnaniManaging ExpansionProfile
Adam SwickChief OfficerProfile
Ashu SwamiChief OfficerProfile
Zabi NowaidGeneral SecretaryProfile
Robert SamuelsVice RelationsProfile
William BeamControllerProfile
When determining whether Marathon Digital Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Digital Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Digital Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Digital. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.764
Earnings Share
0.83
Revenue Per Share
2.257
Quarterly Revenue Growth
0.345
Return On Assets
(0.01)
The market value of Marathon Digital Holdings is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Digital's value that differs from its market value or its book value, called intrinsic value, which is Marathon Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Digital's market value can be influenced by many factors that don't directly affect Marathon Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.