GRIID Infrastructure (NEOE:GRDI) FCF Yield % : -34.42 (As of May. 20, 2024)

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What is GRIID Infrastructure FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, GRIID Infrastructure's Trailing 12-Month Free Cash Flow is C$-26.04 Mil, and Market Cap is C$75.66 Mil. Therefore, GRIID Infrastructure's FCF Yield % for today is -34.42%.

The historical rank and industry rank for GRIID Infrastructure's FCF Yield % or its related term are showing as below:

NEOE:GRDI' s FCF Yield % Range Over the Past 10 Years
Min: -37.36 Med: -17.7 Max: -3.51
Current: -34.42

During the past 3 years, the highest FCF Yield % of GRIID Infrastructure was -3.51%. The lowest was -37.36%. And the median was -17.70%.

NEOE:GRDI's FCF Yield % is ranked worse than
88.67% of 803 companies
in the Capital Markets industry
Industry Median: -0.02 vs NEOE:GRDI: -34.42

GRIID Infrastructure's FCF Margin % for the quarter that ended in Mar. 2024 was -163.61%.

GRIID Infrastructure FCF Yield % Historical Data

The historical data trend for GRIID Infrastructure's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GRIID Infrastructure FCF Yield % Chart

GRIID Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

FCF Yield %

GRIID Infrastructure Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial			-	-	-	-	-39.89

Competitive Comparison of GRIID Infrastructure's FCF Yield %

For the Capital Markets subindustry, GRIID Infrastructure's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GRIID Infrastructure's FCF Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GRIID Infrastructure's FCF Yield % distribution charts can be found below:

* The bar in red indicates where GRIID Infrastructure's FCF Yield % falls into.

GRIID Infrastructure FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

GRIID Infrastructure's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-28.936	/	0
	=	N/A%

GRIID Infrastructure's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-12.891	*	4	/	129.270415
	=	-39.89%

GRIID Infrastructure FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

GRIID Infrastructure FCF Yield % Related Terms

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GRIID Infrastructure (NEOE:GRDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NEOE:GRDI) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

GRIF:USA

Address

2577 Duck Creek Road, Cincinnati, OH, USA, 45212

Website

Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (NEOE:GRDI) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024