

Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature.

(Nasdaq: CLSK) (the 'Company' or ' CleanSpark. Track Cleanspark Inc (CLSK) Stock Price, Quote, latest community messages, chart, news and other stock related information. SALT LAKE CITY, J/PRNewswire/ - CleanSpark, Inc. Alternatively, email editorial-team (at) . CleanSpark and Coinmint to Collaborate on Goal of Mining with Zero Carbon Footprint. Have feedback on this article? Concerned about the content? Get in touch with us directly. While CleanSpark may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. On a final note, we found 3 warning signs for CleanSpark (2 are a bit concerning) you should be aware of.
Cleanspark ticker software#
Ultimately, that's a low return and it under-performs the Software industry average of 9.4%. Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)Ġ.0029 = US$1.1m ÷ (US$418m - US$22m) (Based on the trailing twelve months to December 2021). The formula for this calculation on CleanSpark is: Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. What is Return On Capital Employed (ROCE)? So when we looked at CleanSpark ( NASDAQ:CLSK) and its trend of ROCE, we really liked what we saw. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. If you're looking for a multi-bagger, there's a few things to keep an eye out for.
