BIT Mining Balance Sheet Health
Financial Health criteria checks 4/6
BIT Mining has a total shareholder equity of $45.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $63.3M and $17.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.30m |
| Equity | US$45.88m |
| Total liabilities | US$17.40m |
| Total assets | US$63.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 50C0's short term assets ($30.5M) exceed its short term liabilities ($15.6M).
Long Term Liabilities: 50C0's short term assets ($30.5M) exceed its long term liabilities ($1.8M).
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 8.6% each year