Bit Digital Balance Sheet Health
Financial Health criteria checks 6/6
Bit Digital has a total shareholder equity of $315.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $376.0M and $61.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$103.18m |
| Equity | US$315.02m |
| Total liabilities | US$60.95m |
| Total assets | US$375.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTBT N's short term assets ($258.5M) exceed its short term liabilities ($49.0M).
Long Term Liabilities: BTBT N's short term assets ($258.5M) exceed its long term liabilities ($11.9M).
Debt to Equity History and Analysis
Debt Level: BTBT N is debt free.
Reducing Debt: BTBT N 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: BTBT N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BTBT N has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 38.7% each year.