The company's capital structure has shifted dramatically, with total assets ballooning to $126.9B in 2026Q1 while retained earnings have deteriorated to -$93.5B.
| Total Current Assets | 73.01B | 94.91M | 6.66M | 2.2M | 6.13M | 36.17M | 4.69M | 3.9M | 8.71M |
| Cash & Short-Term Investments | 78.48M | 78.48M | 1.7M | 341.27K | 1.85M | 34.36M | 4.54M | 152.15K | 2.65M |
| Cash Only | 78.48M | 78.48M | 1.7M | 341.27K | 1.85M | 914.48K | 31.25K | 152.15K | 489.08K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 33.45M | 4.51M | 0 | 2.16M |
| Accounts Receivable | 24.27B | 1.56M | 286.87K | 782.02K | 737.22K | 1.1M | 141.55K | 0 | 402.58K |
| Days Sales Outstanding | 70.08K | 16.69 | 2.83 | 10.93 | 11.12 | 16.05 | 14.54 | - | 56.86 |
| Inventory | 0 | 14.81M | 4.53M | 822.88K | 2.8M | 0 | 0 | 0 | 2 |
| Days Inventory Outstanding | 92.28 | 144.56 | 34.16 | 8.39 | 32.99 | - | - | - | 0 |
| Other Current Assets | -9.08B | 0 | 0 | 0 | 0 | 0 | 0 | 3.75M | 5.66M |
| Total Non-Current Assets | 53.92B | 39.2M | 27.66M | 39.95M | 46.47M | 43.75M | 11.83M | 0 | 7.22M |
| Property, Plant & Equipment | 26.21B | 23.01M | 23.76M | 35.75M | 45.66M | 40.17M | 8.91M | 0 | 5.32M |
| Fixed Asset Turnover | 0.00x | 1.49x | 1.56x | 0.73x | 0.53x | 0.62x | 0.40x | - | 0.49x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 1.35M | 1.34M | 0 | 0 |
| Intangible Assets | 894.03M | 926.34K | 1.06M | 1.18M | 1.31M | 1.44M | 1.57M | 0 | 0 |
| Long-Term Investments | 2.55M | 0 | 0 | 0 | 805.63K | 798.92K | 0 | 0 | 0 |
| Other Non-Current Assets | 26.81B | 15.27M | 2.84M | 3.01M | 806K | 0 | 0 | 0 | 1.91M |
| Total Assets | 126.93B | 134.11M | 34.32M | 42.15M | 52.6M | 79.92M | 16.52M | 3.9M | 15.93M |
| Asset Turnover | 0.00x | 0.25x | 1.08x | 0.62x | 0.46x | 0.31x | 0.22x | 2.22x | 0.16x |
| Asset Growth % | 384673.52% | 290.8% | -18.58% | -19.87% | -34.18% | 383.78% | 323.85% | -75.53% | - |
| Total Current Liabilities | 5.79B | 8.65M | 10.06M | 10.72M | 3.26M | 5.51M | 3.04M | 4.17M | 6.76M |
| Accounts Payable | 3.73M | 0 | 0 | 4.51M | 2.35M | 2.27M | 920.91K | 68.46K | 373.69K |
| Days Payables Outstanding | 9.98 | - | - | 46.02 | 27.62 | 59.93 | 44.52 | 1.97 | 35.14 |
| Short-Term Debt | 0 | 0 | 77.56K | 642.69K | 488.06K | 0 | 2.12M | 0 | 6.17M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.79B | 8.65M | 9.93M | 5.46M | 322.1K | 2.94M | 0 | 4.1M | 208.34K |
| Current Ratio | 12.60x | 10.97x | 0.66x | 0.21x | 1.88x | 6.56x | 1.54x | 0.93x | 1.29x |
| Quick Ratio | 12.60x | 9.26x | 0.21x | 0.13x | 1.02x | 6.56x | 1.54x | 0.93x | 1.29x |
| Cash Conversion Cycle | 70.17K | - | - | -26.69 | 16.49 | - | - | - | 21.72 |
| Total Non-Current Liabilities | 2.2B | 2.2M | 2.28M | 2.18M | 2.17M | 36.2M | 3.03M | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 356.71K | 389.06K | 0 | 532.91K | 0 | 0 |
| Capital Lease Obligations | 48.36K | 0 | 75.69K | 336.86K | 447.51K | 0 | 2.43M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 2.51M | 65.64K | 0 | 0 |
| Other Non-Current Liabilities | 2.2B | 2.2M | 2.2M | 1.49M | 1.33M | 33.69M | 0 | 0 | 0 |
| Total Liabilities | 8B | 10.85M | 12.34M | 12.9M | 5.42M | 41.71M | 6.08M | 4.17M | 6.76M |
| Total Debt | 0 | 0 | 204.36K | 1.45M | 1.42M | 0 | 5.09M | 0 | 6.17M |
| Net Debt | -78.48M | -78.48M | -1.5M | 1.11M | -426.02K | -914.48K | 5.06M | -152.15K | 5.68M |
| Debt / Equity | 0.00x | - | 0.01x | 0.05x | 0.03x | - | 0.49x | - | 0.67x |
| Debt / EBITDA | -0.00x | - | 0.04x | - | - | - | - | - | - |
| Net Debt / EBITDA | 5.63x | - | -0.31x | - | - | -0.15x | - | -0.11x | - |
| Interest Coverage | -1293.67x | - | -107.33x | -511.80x | 12.96x | -1.50x | -21.55x | -5.57x | - |
| Total Equity | 118.94B | 123.26M | 21.98M | 29.25M | 47.17M | 38.21M | 10.44M | -274.71K | 9.18M |
| Equity Growth % | 488771.53% | 460.74% | -24.84% | -38% | 23.46% | 265.86% | 3901.72% | -102.99% | - |
| Book Value per Share | 1708.00 | 2.77 | 0.72 | 1.02 | 1.73 | 1.75 | 0.89 | -0.02 | 0.04 |
| Total Shareholders' Equity | 118B | 123.26M | 21.7M | 29.25M | 47.17M | 38.21M | 10.44M | -274.71K | 9.18M |
| Common Stock | 0 | 0 | 46.01M | 42.5M | 39.6M | 31.38M | 12.54M | 20 | 32.2M |
| Retained Earnings | -93.52B | -88.87M | -33.3M | -26.5M | -4.61M | -8.87M | -5.47M | -274.73K | -28.95M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -7.21B | -4.28M | -7.13M | -2.23M | -3.49M | 3.87M | 2.1M | 0 | 5.93M |
| Minority Interest | 933.92M | 0 | 279.43K | 0 | 0 | 0 | 0 | 0 | 0 |
Capital intensity exceeding returns
According to recent financial filings, DGXX's total assets surged to $126.9B in 2026Q1 from $34.1M in 2024Q4, a dramatic shift that appears disconnected from the company's stagnant revenue generation and suggests a significant, potentially dilutive, capital infusion or asset acquisition strategy that warrants further investigation.
The massive expansion in the asset base without a corresponding increase in operational revenue suggests that the company is aggressively deploying capital into infrastructure that has yet to reach commercial viability. Investors should monitor whether this asset growth represents productive capacity or merely an accumulation of depreciating hardware that will weigh on future earnings.
As reported in financial statements, DGXX's net PPE reached $26.2B in 2026Q1, representing a substantial portion of the balance sheet and highlighting the company's heavy reliance on specialized computing hardware and energy infrastructure to drive its core business model in a highly competitive digital asset mining environment.
The concentration of capital in PPE indicates an asset-heavy business model that is highly sensitive to technological obsolescence and energy price volatility. The rapid growth in these assets suggests that the company is attempting to scale its infrastructure, though the lack of positive gross margins implies that this hardware is not currently generating an adequate return on invested capital.
Based on DGXX's reported figures, the company maintains a cash position of $78.5M as of 2026Q1, which provides a significant liquidity buffer relative to its historical operating costs, though the sustainability of this runway remains questionable given the company's persistent negative cash flow and high capital expenditure requirements.
The current ratio of 12.60 suggests a strong short-term liquidity position, likely bolstered by recent financing activities. However, this liquidity should be viewed as a defensive cushion rather than a sign of operational health, as the company continues to burn through cash to support its infrastructure-heavy strategy.
As indicated by the company's balance sheet, retained earnings have plummeted to -$93.5B by 2026Q1, reflecting a consistent pattern of value destruction that has significantly impaired the quality of shareholder equity despite the recent, large-scale capital injections that have artificially inflated the total equity figure.
The divergence between total equity and retained earnings suggests that the company is relying on external financing to offset operational losses rather than generating value through its core business activities. This reliance on capital markets to sustain the balance sheet creates a long-term risk of dilution for existing shareholders if the company fails to achieve profitability.
Quick answers to the most common questions about buying DGXX stock.
As of 2025, Digi Power X Inc. (DGXX) had total assets of $134.1M including $94.9M in current assets.
Digi Power X Inc. (DGXX) carries total debt of $0.0M, offset by $78.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Digi Power X Inc. (DGXX) has total shareholders' equity (book value) of $123.3M ($2.77 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Digi Power X Inc. (DGXX) reported a current ratio of 10.97x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.