RE: Chaebol10 Feb 2023 18:43
"Clsk - depreciation has shot up as they have a ton of new miners. This I see as a good thing.
Electricity prices were also high last quarter, Jan has been good though and long term PPA will come soon."
AB, why doesn't clsk have a ppa? doesn't that worry you? 250 mkt cap company with no ppa??
Balance Sheet Highlights as of December 31, 2022
Assets
Cash: $2.1 million
Bitcoin: $3.9 million (based upon a per bitcoin price of approximately $17,000 at December 31, 2022)
Total Current assets: $21.2 million
Total Mining assets(including prepaid deposits & miners, net of accumulated depreciation): $349.0 million
Total Assets: $487 million
Liabilities and Stockholders' Equity
Current Liabilities: $41.6 million
Total Liabilities: $59.8 million
Total Stockholders' Equity: $427.0 million
"The Company's liquidity, in cash and bitcoin, was approximately $6.0m as of December 31, 2022. The Company's debt totaled $19.6 million at December 31, 2022, as the Company paid down $1.6 million or approximately 8% of its outstanding debt in the fourth quarter."
From yahoo finance, these are rubbish figures and I think a little is missing.