Bit Cost Of Revenue from 2010 to 2024
| BTBT Stock | USD 4.03 0.01 0.25% |
Cost Of Revenue | First Reported 2018-09-30 | Previous Quarter 23 M | Current Value 15.2 M | Quarterly Volatility 5.8 M |
Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Selling General Administrative of 27.8 M or Selling And Marketing Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 11.57, Dividend Yield of 0.0038 or PTB Ratio of 2.07. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
Bit | Cost Of Revenue |
Latest Bit Digital's Cost Of Revenue Growth Pattern
Below is the plot of the Cost Of Revenue of Bit Digital over the last few years. Cost of Revenue is found on Bit Digital income statement and represents the costs associated with goods and services Bit Digital provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Bit Digital's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Digital's overall financial position and show how it may be relating to other accounts over time.
| Cost Of Revenue | 10 Years Trend |
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Cost Of Revenue |
| Timeline |
Bit Cost Of Revenue Regression Statistics
| Arithmetic Mean | 9,803,810 | |
| Geometric Mean | 2,429,250 | |
| Coefficient Of Variation | 116.57 | |
| Mean Deviation | 10,039,342 | |
| Median | 391,927 | |
| Standard Deviation | 11,427,827 | |
| Sample Variance | 130.6T | |
| Range | 30.3M | |
| R-Value | 0.87 | |
| Mean Square Error | 34.2T | |
| R-Squared | 0.76 | |
| Significance | 0.000025 | |
| Slope | 2,222,799 | |
| Total Sum of Squares | 1828.3T |
Bit Cost Of Revenue History
About Bit Digital Financial Statements
Bit Digital shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 29.6 M | 20.9 M |
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Additional Tools for Bit Stock Analysis
When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.