Cipher Mining (MEX:CIFR) Tax Rate % : -12.69% (As of Dec. 2024)

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What is Cipher Mining Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cipher Mining's Tax Expense for the three months ended in Dec. 2024 was MXN-41 Mil. Cipher Mining's Pre-Tax Income for the three months ended in Dec. 2024 was MXN324 Mil. Therefore, Cipher Mining's Tax Rate % for the quarter that ended in Dec. 2024 was -12.69%.

Cipher Mining Tax Rate % Historical Data

The historical data trend for Cipher Mining's Tax Rate % 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.

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Cipher Mining Tax Rate % Chart

Cipher Mining Annual Data

Trend

Jan21

Dec22

Dec23

Dec24

Tax Rate %

-4.94

-16.06

-0.72

Cipher Mining Quarterly Data
	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial									27.30	12.24	-3.58	4.20	-12.69

Cipher Mining Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Cipher Mining's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	6.632	/	-924.262
	=	-0.72 %

Cipher Mining's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-41.127	/	324.056
	=	-12.69 %

Cipher Mining Tax Rate % Related Terms

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Cipher Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cipher Mining Inc (MEX:CIFR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CIFR:USA 3A9:Germany 3A9:Germany

Address

1 Vanderbilt Avenue, Floor 54, Suite C, New York, NY, USA, 10017

Website

https://www.ciphermining.com

Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin. The company is expanding and strengthening the Bitcoin network's critical infrastructure in the United States.