Core Scientific, Inc. (CORZ)

NASDAQ: CORZ · IEX Real-Time Price · USD
3.540
+0.170 (5.04%)
At close: Mar 28, 2024, 4:00 PM
3.500
-0.040 (-1.13%)
After-hours: Mar 28, 2024, 7:50 PM EDT

Total Valuation

CORZ has a market cap or net worth of $598.50 million. The enterprise value is $1.49 billion.

Market Cap 598.50M
Enterprise Value 1.49B

Important Dates

The last earnings date was Tuesday, March 12, 2024, after market close.

Earnings Date Mar 12, 2024
Ex-Dividend Date n/a

Share Statistics

CORZ has 379.86 million shares outstanding. The number of shares has increased by 11.51% in one year.

Shares Outstanding 379.86M
Shares Change (YoY) +11.51%
Shares Change (QoQ) +0.69%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.19
Forward PS 0.98
PB Ratio n/a
P/FCF Ratio 12.44
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.97
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 30.99

Financial Position

The company has a current ratio of 0.20

Current Ratio 0.20
Quick Ratio 0.15
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF 20.05
Interest Coverage -1.85

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -33.70%
Return on Capital (ROIC) n/a
Revenue Per Employee $1.76M
Profits Per Employee -$861,843
Employee Count 286
Asset Turnover 0.69
Inventory Turnover n/a

Taxes

In the past 12 months, CORZ has paid $683,000 in taxes.

Income Tax 683,000
Effective Tax Rate n/a

Stock Price Statistics

Beta (1Y) n/a
52-Week Price Change n/a
50-Day Moving Average n/a
200-Day Moving Average n/a
Relative Strength Index (RSI) 50.42
Average Volume (30 Days) 3,632,311

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, CORZ had revenue of $502.40 million and -$246.49 million in losses. Loss per share was -$0.65.

Revenue 502.40M
Gross Profit 123.46M
Operating Income 12.88M
Pretax Income -245.80M
Net Income -246.49M
EBITDA -63.12M
EBIT -159.57M
Loss Per Share -$0.65
Full Income Statement

Balance Sheet

The company has $71.99 million in cash and $964.88 million in debt, giving a net cash position of -$892.89 million or -$2.35 per share.

Cash & Cash Equivalents 71.99M
Total Debt 964.88M
Net Cash -892.89M
Net Cash Per Share -$2.35
Equity / Book Value -596.94M
Book Value Per Share -1.57
Working Capital -391.41M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $65.11 million and capital expenditures -$16.99 million, giving a free cash flow of $48.12 million.

Operating Cash Flow 65.11M
Capital Expenditures -16.99M
Free Cash Flow 48.12M
FCF Per Share $0.13
Full Cash Flow Statement

Margins

Gross margin is 24.57%, with operating and profit margins of 2.56% and -49.06%.

Gross Margin 24.57%
Operating Margin 2.56%
Pretax Margin -48.93%
Profit Margin -49.06%
EBITDA Margin -12.56%
EBIT Margin -31.76%
FCF Margin 9.58%

Dividends & Yields

CORZ does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -11.51%
Shareholder Yield -11.51%
Earnings Yield -41.18%
FCF Yield 8.04%

Analyst Forecast

The average price target for CORZ is $6.75, which is 90.68% higher than the current price. The consensus rating is "Strong Buy".

Price Target $6.75
Price Target Difference 90.68%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CORZ has an Altman Z-Score of -5.18 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -5.18
Piotroski F-Score 5