Coinbase (COIN) - Total debt (2024)

FAQs

Coinbase (COIN) - Total debt? ›

Total debt on the balance sheet as of March 2024 : $4.23 B

Coinbase Global Balance Sheet Health

Coinbase Global has a total shareholder equity of $8.4B and total debt of $4.5B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are $287.0B and $278.6B respectively. Coinbase Global's EBIT is $1.2B making its interest coverage ratio -8.7.

Cash on Hand as of March 2024 : $7.18 B

According to Coinbase's latest financial reports the company has $7.18 B in cash and cash equivalents.

Coinbase Global Financial Overview

Coinbase Global's market cap is currently ―. The company's EPS TTM is $5.558; its P/E ratio is 36.78; Coinbase Global is scheduled to report earnings on October 30, 2024, and the estimated EPS forecast is $0.70.

Total assets on the balance sheet as of March 2024 : $348.03 B. According to Coinbase's latest financial reports the company's total assets are $348.03 B.

Is Coinbase the Safest Crypto Exchange? Yes, Coinbase is one of the safest crypto exchanges you can use. It has a wide range of sophisticated technology to protect your user data and your investments from online threats. More on these security feature and tools below.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Coinbase Global net worth as of August 07, 2024 is $43.93B. Coinbase is the largest U.S. cryptocurrency exchange, trading some 50 different digital assets.

Withdrawals of fiat currency are limited. Coinbase Exchange account holders have a default withdrawal limit of $100,000 per day.

Your total balance is the value of all on-platform funds in your portfolio.

Assets on the Coinbase Platform

As of March 2024, Coinbase customers held $334.71 billion worth of assets on the platform. That's a 2.58x increase over the past year.

How is Coinbase doing financially? ›

Coinbase's total transaction revenue surged 139% to $780.9 million in the second quarter. Revenue from Coinbase's subscription and services unit, which houses businesses outside of trading, jumped 79% to $599 million in the quarter.

Our security team is constantly working to make sure you and your assets are protected from emerging threats. From auto-enrolled 2 factor-authentication (with security key support), password protection, to multi-approval withdrawals in Coinbase Vault, we provide powerful security features to all our users.

Strong momentum

Coinbase makes its money chiefly from facilitating cryptocurrency transactions for consumers and institutions, earning a fee in the process. Revenue here was up almost threefold from the 2023 first quarter. It helps that the overall crypto market has gained 119% in value over the past 12 months.

How Much Bitcoin Does Coinbase Own? It is estimated based on their financial reports from March 31, 2022, that Coinbase, Inc. owns around 9,000 bitcoins.

Following a direct listing in April 2021, Coinbase's market capitalization rose to $85B, and according to Forbes, as of May 2022, Armstrong has a net worth of $2.4 billion.

Coinbase takes a commission based on the rewards you receive from the network. Our standard commission is 35% for ADA, ATOM, DOT, MATIC, SOL, and XTZ and 25% for ETH. For ADA, ATOM, DOT, SOL, and XTZ, the commission is 26.3% for eligible Coinbase One members.

As a regulated financial institution, Coinbase must comply with the rules and regulations in the jurisdictions that it operates in.

Preventing access to funds

In extremely rare circ*mstances, and only where required by law or authorized by the Coinbase User Agreement, Coinbase may block or "freeze" customer funds on our platform.