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
We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully
Feb 16
We're Keeping An Eye On Bit Digital's (NASDAQ:BTBT) Cash Burn Rate
Oct 26Recent updates
Bit Digital, Inc.'s (NASDAQ:BTBT) 36% Jump Shows Its Popularity With Investors
Oct 06Bit Digital, Inc. (NASDAQ:BTBT) Looks Just Right With A 33% Price Jump
Jul 12Why Bit Digital's (NASDAQ:BTBT) Earnings Are Weaker Than They Seem
May 22Even With A 33% Surge, Cautious Investors Are Not Rewarding Bit Digital, Inc.'s (NASDAQ:BTBT) Performance Completely
May 21Earnings Beat: Bit Digital, Inc. (NASDAQ:BTBT) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
Mar 22Bit Digital: Bitcoin Halving Could Make Mining More Difficult
Mar 19Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 31% But Not Lagging Industry On Growth Or Pricing
Mar 14We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully
Feb 16Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing
Jan 20Bit Digital: Still Buying This Small Cap Crypto Play
Jan 15We're Keeping An Eye On Bit Digital's (NASDAQ:BTBT) Cash Burn Rate
Oct 26Bit Digital gets cease-and-desist order for Blockfusion facility in Niagara Falls
Oct 07Crypto miner Bit Digital earned 145.3 Bitcoins in August, up 2% M/M
Sep 08Bit Digital reports Q2 results
Aug 30Bit Digital stock gains on securing 5MW hosting capacity
Aug 03Crypto miner Bit Digital bitcoin production jumps nearly 27% in June
Jul 12Bit Digital: Is It Better To Buy Bitcoin Instead?
Jun 21Bit Digital Stock: Is Now A Good Time To Buy, Sell, Or Hold?
Apr 22Bit Digital (NASDAQ:BTBT) Is Experiencing Growth In Returns On Capital
Apr 21Bit Digital: Future Looks Bright With Bitcoin Rebound
Mar 17Bit Digital: 'Out Of China' Bitcoin Mining Operations Update, Valuable Stock But Wait For Q4
Dec 13Bit Digital: A Potential Buy As They Relocate To North America
Sep 20Returns On Capital Are A Standout For Bit Digital (NASDAQ:BTBT)
Sep 17Market Still Discounting Bit Digital Despite China Issue Turning To Tactical Advantage
Aug 31Bit Digital, Inc. (NASDAQ:BTBT) Stock Catapults 162% Though Its Price And Business Still Lag The Market
Aug 22Financial Position Analysis
Short Term Liabilities: BTBT's short term assets ($258.5M) exceed its short term liabilities ($49.0M).
Long Term Liabilities: BTBT's short term assets ($258.5M) exceed its long term liabilities ($11.9M).
Debt to Equity History and Analysis
Debt Level: BTBT is debt free.
Reducing Debt: BTBT 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 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BTBT has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 38.7% each year.