BIT Mining Balance Sheet Health
Financial Health criteria checks 4/6
BIT Mining has a total shareholder equity of $39.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $78.0M and $38.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.58m |
| Equity | US$39.43m |
| Total liabilities | US$38.52m |
| Total assets | US$77.95m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto BIT Mining Limited (NYSE:BTCM) Even Though It's 26% Cheaper
Mar 21
BIT Mining Limited's (NYSE:BTCM) Shares Bounce 35% But Its Business Still Trails The Industry
Dec 18Improved Revenues Required Before BIT Mining Limited (NYSE:BTCM) Stock's 69% Jump Looks Justified
Jul 14BIT Mining Limited: Selling Ethereum And Holding Dogecoin
May 31BIT Mining Non-GAAP EPADS of -$1.93, revenue of $61M beats by $7.7M
Feb 17BIT Mining regains NYSE compliance
Feb 02BIT Mining launches litecoin/dogecoin mining machine
Jan 17BIT Mining to implement ADS ratio change
Dec 12BIT Mining Limited: Down 95% YTD, This One Is NGMI
Sep 09BIT Mining stock slides on $9.3M securities offering
Aug 16NYSE sends notice to BIT Mining on applicable price criteria non-compliance
Aug 05BIT Mining narrows its stake in Loto Interactive through sale of shares
Jul 12BIT Mining's Radical Shift Brings Back Revenue, But Profits Remain Elusive
Feb 23BIT Mining Limited: A Crypto Company With A Lot To Prove
Aug 26BIT Mining delivers 320 mining machines to Kazakhstan
Jun 21BIT Mining's Rapid Move Into Crypto Space Shows Early Signs Of Depth
May 28500.com Limited inks two agreements to acquire bitcoin mining machines
Feb 02500.com to acquire bitcoin mining machines for ~$14.4M worth shares
Jan 11500.com CTO steps down
Dec 28500.com Limited announces private placement and appoints new CEO and COO
Dec 21Could The 500.com Limited (NYSE:WBAI) Ownership Structure Tell Us Something Useful?
Dec 15
500.com reports Q3 results
Nov 20Financial Position Analysis
Short Term Liabilities: BTCM's short term assets ($40.5M) exceed its short term liabilities ($36.2M).
Long Term Liabilities: BTCM's short term assets ($40.5M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: BTCM is debt free.
Reducing Debt: BTCM 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: Insufficient data to determine if BTCM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BTCM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.