• Cipher Digital average return on tangible equity for 2020-09-30 was 0, a 0% decline from 2020-12-31.
• Cipher Digital average return on tangible equity for 2020-12-31 was 0, a 0% decline from 2021-03-31.
• Cipher Digital average return on tangible equity for 2021-03-31 was 0, a 0% decline from 2021-06-30.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.