MARA Balance Sheet
NASDAQ: MARAFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MARA financial position
At the end of fiscal 2025, MARA reported total assets of $7.29 billion, up 7.1% from a year earlier against total liabilities of $3.81 billion. Shareholders' equity stood at $3.47 billion, or 47.6% of assets. The company held $547.1 million in cash and equivalents against $3.60 billion of debt, a net debt position of $3.05 billion.
The current ratio (current assets divided by current liabilities) was 1.27, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.04.
Summary generated from market data by MetaCap's automated system. Methodology
MARA balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 547.13M | 391.77M | 357.31M | 103.70M | 268.56M | 141.32M | 692.96K | 2.55M | 14.95M | 5.00M |
| Short-Term Investments | — | — | — | — | 223.92M | — | — | — | — | — |
| Receivables | — | — | 0 | — | 30.00M | — | — | — | 6.83K | 95.07K |
| Total Current Assets | 664.27M | 470.37M | 1.03B | 277.55M | 684.24M | 286.41M | 1.49M | 3.02M | 15.05M | 5.52M |
| Property, Plant & Equipment | 1.49B | 1.55B | 671.77M | 273.03M | 276.24M | 17.22M | 3.75M | 1.03M | 10.01K | 28.33K |
| Goodwill | 0 | 82.75M | 0 | — | — | — | — | — | — | 222.84K |
| Intangible Assets | 988.00K | 2.71M | 0 | — | 931.00K | 1.00M | 1.07M | 1.14M | — | 12.31M |
| Total Assets | 7.29B | 6.80B | 1.99B | 1.20B | 1.44B | 313.25M | 6.62M | 5.19M | 15.06M | 18.29M |
| Accounts Payable | 12.55M | 12.56M | 11.34M | 1.31M | 7.77M | 999.74K | 1.24M | 1.24M | 1.96M | 7.22M |
| Short-Term Debt | 397.85M | 0 | 0 | 0 | — | — | — | — | — | 13.16M |
| Total Current Liabilities | 521.88M | 95.20M | 33.76M | 26.11M | 11.25M | 1.44M | 1.85M | 2.27M | 7.67M | 20.46M |
| Long-Term Debt | 3.20B | 2.45B | 325.65M | 782.17M | 728.41M | — | 999.11K | 999.11K | 1.76M | 4.67M |
| Total Liabilities | 3.81B | 2.67B | 375.05M | 809.30M | 765.22M | 1.51M | 2.97M | 2.27M | 7.67M | 27.58M |
| Shareholders' Equity | 3.47B | 4.13B | 1.62B | 385.94M | 682.10M | 311.74M | 3.65M | 2.92M | 7.39M | -9.29M |
| Retained Earnings | -1.34B | -26.39M | -567.64M | -840.34M | -146.32M | -116.06M | -105.61M | -102.09M | -89.28M | -57.94M |
| Total Debt | 3.60B | 2.45B | 325.65M | 782.17M | 728.41M | — | 999.11K | 999.11K | 1.76M | 17.83M |
| Net Cash (Debt) | -3.05B | -2.05B | 31.66M | -678.47M | -235.93M | 141.32M | -306.14K | 1.55M | 13.18M | -12.83M |
| Shares Outstanding | 379.46M | 340.26M | 242.83M | 145.57M | 102.73M | 81.97M | 8.46M | 6.38M | 12.48M | 4.64M |
This table shows 10 annual periods of MARA's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MARA's reporting calendar. What is a balance sheet?