Bitdeer Technologies Group Balance Sheet Health
Financial Health criteria checks 3/6
Bitdeer Technologies Group has a total shareholder equity of $391.4M and total debt of $22.7M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are $691.0M and $299.6M respectively.
Key information
5.8%
Debt to equity ratio
US$22.68m
Debt
| Interest coverage ratio | n/a |
| Cash | US$159.58m |
| Equity | US$391.35m |
| Total liabilities | US$299.62m |
| Total assets | US$690.97m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BTDR's short term assets ($197.8M) exceed its short term liabilities ($29.8M).
Long Term Liabilities: BTDR's short term assets ($197.8M) do not cover its long term liabilities ($269.8M).
Debt to Equity History and Analysis
Debt Level: BTDR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BTDR's debt to equity ratio has reduced 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: BTDR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTDR has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 30.6% each year.