Bit Digital Net Worth

Bit Digital Net Worth Breakdown

  BTBT
The net worth of Bit Digital is the difference between its total assets and liabilities. Bit Digital's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Bit Digital's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Bit Digital's net worth can be used as a measure of its financial health and stability which can help investors to decide if Bit Digital is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Bit Digital stock.

Bit Digital Net Worth Analysis

Bit Digital's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Bit Digital's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Bit Digital's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Bit Digital's net worth analysis. One common approach is to calculate Bit Digital's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Bit Digital's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Bit Digital's net worth. This approach calculates the present value of Bit Digital's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Bit Digital's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Bit Digital's net worth. This involves comparing Bit Digital's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Bit Digital's net worth relative to its peers.

Enterprise Value

315.93 Million

To determine if Bit Digital is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Bit Digital's net worth research are outlined below:
Bit Digital is way too risky over 90 days horizon
Bit Digital appears to be risky and price may revert if volatility continues
Bit Digital currently holds about 44.3 M in cash with (12.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.54.
Bit Digital has a poor financial position based on the latest SEC disclosures
Latest headline from benzinga.com: Bit Digital Stock Is Trading Volatile Friday Whats Going On
Bit Digital uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Bit Digital. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Bit Digital's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of April 2024
Upcoming Quarterly Report
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10th of June 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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26th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Bit Digital's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Bit Digital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bit Digital backward and forwards among themselves. Bit Digital's institutional investor refers to the entity that pools money to purchase Bit Digital's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ubs Group Ag2025-03-31
1.9 M
Morgan Stanley - Brokerage Accounts2025-03-31
1.5 M
Susquehanna International Group, Llp2025-03-31
1.3 M
Uniplan Investment Counsel, Inc.2025-03-31
1.1 M
Group One Trading, Lp2025-03-31
M
Squarepoint Ops Llc2025-03-31
805.9 K
Northern Trust Corp2025-03-31
769.8 K
Vanguard Group Inc2025-03-31
730.7 K
Goldman Sachs Group Inc2025-03-31
689 K
Blackrock Inc2025-03-31
10.5 M
Amvescap Plc.2025-03-31
6.3 M
Note, although Bit Digital's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Bit Digital's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.09 B.

Market Cap

252.37 Million

Project Bit Digital's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 
Return On Capital Employed 0.06  0.06 
Return On Assets 0.05  0.06 
Return On Equity 0.06  0.06 
The company has Profit Margin (PM) of (0.78) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.12) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.12.
When accessing Bit Digital's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Bit Digital's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Bit Digital's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Bit Digital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bit Digital. Check Bit Digital's Beneish M Score to see the likelihood of Bit Digital's management manipulating its earnings.

Evaluate Bit Digital's management efficiency

Bit Digital has return on total asset (ROA) of (0.117) % which means that it has lost $0.117 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2329) %, meaning that it created substantial loss on money invested by shareholders. Bit Digital's management efficiency ratios could be used to measure how well Bit Digital manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.06 in 2025. Return On Capital Employed is likely to gain to 0.06 in 2025. Total Current Liabilities is likely to gain to about 57.8 M in 2025. Liabilities And Stockholders Equity is likely to gain to about 565.2 M in 2025
Last ReportedProjected for Next Year
Book Value Per Share 3.30  3.47 
Tangible Book Value Per Share 3.07  3.23 
Enterprise Value Over EBITDA 5.51  5.23 
Price Book Value Ratio 0.89  0.84 
Enterprise Value Multiple 5.51  5.23 
Price Fair Value 0.89  0.84 
Enterprise Value329.8 M315.9 M
Bit Digital's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Enterprise Value Revenue
7.4995
Revenue
102 M
Quarterly Revenue Growth
(0.18)
Revenue Per Share
0.65
Return On Equity
(0.23)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Bit Digital insiders, such as employees or executives, is commonly permitted as long as it does not rely on Bit Digital's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Bit Digital insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Pierce Brooks H over six months ago
Insider Trading
Bit Digital time-series forecasting models is one of many Bit Digital's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bit Digital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Bit Digital Earnings per Share Projection vs Actual

Bit Digital Corporate Management

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.