CleanSpark Inc (CLSK)
Debt-to-assets ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,657,000 | 2,779,290 | 1,962,660 | 1,475,580 | 1,537,320 | 862,731 | 761,578 | 652,803 | 531,553 | 486,789 | 452,625 | 411,059 | 424,797 | 418,145 | 317,473 | 297,489 | 292,613 | 78,173 | 22,340 | 20,628 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,657,000K
= 0.00
The debt-to-assets ratio for CleanSpark Inc., as provided across multiple fiscal dates from June 30, 2020, through March 31, 2025, consistently registers at zero. This indicates that, during this period, the company reported no outstanding debt relative to its total assets. Such a consistent zero ratio suggests that CleanSpark Inc. has maintained a fully equity-financed capital structure, with no reliance on debt financing to support its asset base throughout these fiscal periods. This persistent absence of leverage may point to a conservative financial strategy or a phase of operational stability where debt issuance was unnecessary. Overall, the company's financial leverage appears negligible, highlighting an asset profile entirely funded through internal equity or other non-debt sources.
Peer comparison
Mar 31, 2025