Coinbase Global Inc

Company Profile

Coinbase Global Inc had its IPO on 2021-04-14 under the ticker symbol COIN.

The company operates in the Financial Services sector and Financial Data & Stock Exchanges industry. Coinbase Global Inc has a staff strength of 4,510 employees.

Stock update

Shares of Coinbase Global Inc opened at $82.02 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $80.54 - $86.36, and closed at $81.32.

This is a +0.87% increase from the previous day's closing price.

A total volume of 10,510,203 shares were traded at the close of the day’s session.

In the last one week, shares of Coinbase Global Inc have increased by +4.27%.

Coinbase Global Inc's Key Ratios

Coinbase Global Inc has a market cap of $13.77 billion, indicating a price to book ratio of 1.6233 and a price to sales ratio of 2.0876.

In the last 12-months Coinbase Global Inc’s revenue was $2.72 billion with a gross profit of $3.15 billion and an EBITDA of $-1534013056. The EBITDA ratio measures Coinbase Global Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Coinbase Global Inc’s operating margin was -62.41% while its return on assets stood at -1.33% with a return of equity of -37.37%.

In Q1, Coinbase Global Inc’s quarterly earnings growth was a positive 327% while revenue growth was a negative 36.8%.

Coinbase Global Inc’s PE and PEG Ratio

Forward PE

60.241

Trailing PE

0

PEG

1.5305

Its diluted EPS in the last 12-months stands at $-10.57 per share while it has a forward price to earnings multiple of 60.241 and a PEG multiple of 1.5305. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Coinbase Global Inc’s profitability.

Coinbase Global Inc stock is trading at a EV to sales ratio of 1.4285 and a EV to EBITDA ratio of -5.3295. Its price to sales ratio in the trailing 12-months stood at 2.0876.

Coinbase Global Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$139.30 billion

Total Liabilities

$130.20 billion

Operating Cash Flow

$-26080000.00

Capital Expenditure

$15.23 million

Dividend Payout Ratio

0%

Coinbase Global Inc ended 2024 with $139.30 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $139.30 billion while shareholder equity stood at $5.67 billion.

Coinbase Global Inc ended 2024 with $0 in deferred long-term liabilities, $130.20 billion in other current liabilities, 2000.00 in common stock, $1.65 billion in retained earnings and $1.14 billion in goodwill. Its cash balance stood at $5.02 billion and cash and short-term investments were $5.32 billion. The company’s total short-term debt was $12,776,000 while long-term debt stood at $3.40 billion.

Coinbase Global Inc’s total current assets stands at $135.84 billion while long-term investments were $828.86 million and short-term investments were $302.85 million. Its net receivables were $548.35 million compared to accounts payable of $23.69 million and inventory worth $0.

In 2024, Coinbase Global Inc's operating cash flow was $-26080000.00 while its capital expenditure stood at $15.23 million.

Comparatively, Coinbase Global Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$81.32

52-Week High

$116.3

52-Week Low

$31.55

Analyst Target Price

$0.4

Coinbase Global Inc stock is currently trading at $81.32 per share. It touched a 52-week high of $116.3 and a 52-week low of $116.3. Analysts tracking the stock have a 12-month average target price of $0.4.

Its 50-day moving average was $86.37 and 200-day moving average was $63.82 The short ratio stood at 2.67 indicating a short percent outstanding of 0%.

Around 212.6% of the company’s stock are held by insiders while 5545.1% are held by institutions.