Bitcoin Group Balance Sheet Health
Financial Health criteria checks 5/6
Bitcoin Group has a total shareholder equity of €194.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €264.1M and €69.8M respectively. Bitcoin Group's EBIT is €1.6M making its interest coverage ratio -11.7. It has cash and short-term investments of €9.8M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -11.7x |
| Cash | €9.83m |
| Equity | €194.25m |
| Total liabilities | €69.83m |
| Total assets | €264.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTC's short term assets (€13.2M) exceed its short term liabilities (€2.2M).
Long Term Liabilities: BTC's short term assets (€13.2M) do not cover its long term liabilities (€67.6M).
Debt to Equity History and Analysis
Debt Level: BTC is debt free.
Reducing Debt: BTC has not had any debt for past 5 years.
Debt Coverage: BTC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BTC has no debt, therefore coverage of interest payments is not a concern.