BIT Mining Balance Sheet Health
Financial Health criteria checks 3/6
BIT Mining has a total shareholder equity of $25.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $72.6M and $47.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.24m |
| Equity | US$25.13m |
| Total liabilities | US$47.46m |
| Total assets | US$72.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 50C0's short term assets ($33.9M) do not cover its short term liabilities ($44.9M).
Long Term Liabilities: 50C0's short term assets ($33.9M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: 50C0 is debt free.
Reducing Debt: 50C0 had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 50C0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 50C0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.8% each year