Company / Interest Expense
Cipher Mining Inc. Interest Expense History
FY2021-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.0M
FY2023
5-year range
$27.0K / $2.0M
FY2021-FY2023
Trend
+1359.1%
vs FY2022
Sector context
#209 of 214
Financials
What the data says
Interest Expense changed +1359% YoY in FY2023, a notable deviation from the 2-year average annual change of +883%.
Based on SEC 10-K filings.
$2M in FY2023.
Increased from $27,000 to $2M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 2% in FinancialsTop 2% of 214This company $2.0M Sector average $939.3M
▼
-99.8% below sector average
Key checks
Key Insights
- In FY2023, interest expense increased 1359.1% year-over-year.
- Ranks #209 out of 214 companies in the Financials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -0.03 (distress zone, below 1.8 threshold)
- Negative profit margin: -29.5%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.0M | +1359.1% |
| FY2022 | $137.0K | +407.4% |
| FY2021 | $27.0K | - |
| FY2020 | - | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026