Bitcoin Group Balance Sheet Health
Financial Health criteria checks 5/6
Bitcoin Group has a total shareholder equity of €109.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €145.3M and €36.0M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €14.62m |
| Equity | €109.27m |
| Total liabilities | €36.01m |
| Total assets | €145.28m |
Financial Position Analysis
Short Term Liabilities: ADE's short term assets (€18.0M) exceed its short term liabilities (€4.7M).
Long Term Liabilities: ADE's short term assets (€18.0M) do not cover its long term liabilities (€31.3M).
Debt to Equity History and Analysis
Debt Level: ADE is debt free.
Reducing Debt: ADE has not had any debt for past 5 years.
Debt Coverage: ADE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADE has no debt, therefore coverage of interest payments is not a concern.