BTC Digital Balance Sheet Health
Financial Health criteria checks 5/6
BTC Digital has a total shareholder equity of $19.4M and total debt of $125.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $24.5M and $5.1M respectively.
Key information
0.6%
Debt to equity ratio
US$125.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$371.00k |
| Equity | US$19.44m |
| Total liabilities | US$5.10m |
| Total assets | US$24.54m |
Recent financial health updates
Recent updates
We Don’t Think BTC Digital's (NASDAQ:BTCT) Earnings Should Make Shareholders Too Comfortable
Dec 06
We Like These Underlying Return On Capital Trends At Meten Holding Group (NASDAQ:METX)
Jul 14Meten Holding Group (NASDAQ:METX) Might Have The Makings Of A Multi-Bagger
Mar 20Meten Holding Group receives non-compliance letter from Nasdaq
Sep 20Meten to raise $7.5M in stock and warrants offering
Aug 04Meten updates on joint venture over cryptocurrency mining busines
Jul 11Meten Edtechx to use non-fungible token for digital copyright in online education
Jun 14Meten EdtechX reports FY results
Apr 26Is Meten EdtechX Education Group Ltd.'s (NASDAQ:METX) Shareholder Ownership Skewed Towards Insiders?
Jan 27Meten Edtechx Education announces warrants to be exercised at a reduced price
Dec 08Financial Position Analysis
Short Term Liabilities: BTCT's short term assets ($8.9M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: BTCT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BTCT has more cash than its total debt.
Reducing Debt: BTCT's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
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: Whilst unprofitable BTCT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BTCT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.9% per year.