Bit Net Receivables from 2010 to 2024

BTBT Stock  USD 3.29  0.04  1.23%   
Bit Digital Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables is likely to outpace its year average in 2024. From the period from 2010 to 2024, Bit Digital Net Receivables quarterly data regression had r-value of  0.64 and coefficient of variation of  228.33. View All Fundamentals
 
Net Receivables  
First Reported
2016-12-31
Previous Quarter
11.2 M
Current Value
11.3 M
Quarterly Volatility
M
 
Covid
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 29.1 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.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Latest Bit Digital's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Bit Digital over the last few years. It is Bit Digital's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Bit Net Receivables Regression Statistics

Arithmetic Mean2,154,441
Geometric Mean76,741
Coefficient Of Variation228.33
Mean Deviation3,212,775
Median97,771
Standard Deviation4,919,313
Sample Variance24.2T
Range14.5M
R-Value0.64
Mean Square Error15.5T
R-Squared0.40
Significance0.01
Slope698,979
Total Sum of Squares338.8T

Bit Net Receivables History

202414.5 M
202313.9 M
2021736.4 K
202097.8 K
20191.9 M
2018142.3 K
2017258.4 K

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Net Receivables, 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 ReportedProjected for Next Year
Net Receivables13.9 M14.5 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.