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Cipher DigitalCIFR +5.76%37 Debt-to-Equity is 6.65 as of Mar. 2026, which is 10983% above its 10-year median of 0.06. GuruFocus rates CIFR with a GF Score™ of 37/100 and a GF Value™ of $6.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,244 Software companies, Cipher Digital ranks worse than 98.44% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Cipher Digital's Debt-to-Equity or its related term are showing as below:
CIFR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 6.65
Current: 6.65
During the past 5 years, the highest Debt-to-Equity Ratio of Cipher Digital was 6.65. The lowest was 0.02. And the median was 0.06.
CIFR's Debt-to-Equity is ranked worse than 98.44% of 2244
companies
in the Software industry
Industry Median: 0.19
vs CIFR: 6.65
Cipher Digital (NAS:CIFR) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Cipher Digital Debt-to-Equity Related Terms
Cipher Digital Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cipher Digital's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CIFR vs CACI, APLD, JKHY: Debt-to-Equity Comparison
For the Information Technology Services subindustry, Cipher Digital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cipher Digital Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Cipher Digital's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cipher Digital's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cipher Digital (CIFR) has a Debt-to-Equity of 6.65 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cipher Digital and its competitors. This is 10983% above median its historical median of 0.06. Over the past decade, Cipher Digital's Debt-to-Equity has ranged from 0.02 to 6.65. According to the industry distribution chart, Cipher Digital ranks #2209 out of 2244 companies in the Software industry, placing it in the top 98.4%.
Is Cipher Digital's Debt-to-Equity too high?
Cipher Digital's current Debt-to-Equity of 6.65 is 10983% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 6.65. The Software industry median Debt-to-Equity is 0.19. Cipher Digital's value of 6.65 is 3400% above this industry median. Based on the distribution chart, Cipher Digital ranks #2209 out of 2244 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cipher Digital has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cipher Digital's Debt-to-Equity compare to CACI and APLD?
According to the Software industry distribution chart, Cipher Digital ranks #2209 out of 2244 companies for Debt-to-Equity. This places Cipher Digital in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Cipher Digital's value of 6.65 is 3400% above this benchmark. Historically, Cipher Digital's own Debt-to-Equity has ranged from 0.02 to 6.65 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.19, Cipher Digital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,244 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cipher Digital's current Debt-to-Equity of 6.65 is 3400% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cipher Digital and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cipher Digital's current Debt-to-Equity is 6.65, which is 10983% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipher Digital stock overvalued right now?
Based on GuruFocus' analysis, Cipher Digital (CIFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.36, compared to a current price of $25.87 — trading 306.8% above its estimated fair value. The current Debt-to-Equity is 6.65, which is 10983% above median its 10-year median of 0.06 and 3400% above the Software industry median of 0.19. Cipher Digital's overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cipher Digital (CIFR), the current Debt-to-Equity is 6.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cipher Digital (CIFR) Overvalued in 2026?
Based on GuruFocus' analysis, Cipher Digital stock appears to be overvalued.
The current stock price of $25.87 is trading 306.8% above its estimated GF Value™ of $6.36.
GuruFocus considers Cipher Digital to be Significantly Overvalued.
Key valuation signals for CIFR:
Debt-to-Equity: 6.65 (10983% above median its 10-year median of 0.06)
GF Value™: $6.36 vs. price of $25.87 (306.8% above fair value)
Industry Position: 3400% above the Software median (#2209 of 2244)
No single metric tells the full story. See the CIFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cipher Digital Inc is focused on high-performance computing (HPC) data center development and operations. It is engaged in developing and operating data centers designed for HPC workloads. Its operations include managing power assets and capital allocation in response to market conditions and demand for AI-related computing capacity.
37GF Score
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