Abits Net Debt from 2010 to 2024

ABTS Stock

0.62 0.03 5.08%

Abits Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt will likely drop to about -928.4 K in 2024. Net Debt is the total debt of Abits Group minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

2010-12-31

Previous Quarter

-884.2 K

Current Value

-928.4 K

Quarterly Volatility

932.6 K

Credit Downgrade

Yuan Drop

Covid

Check Abits financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abits' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 8.4 K or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 24.91, Dividend Yield of 0.0 or PTB Ratio of 4.09. Abits financial statements analysis is a perfect complement when working with Abits Valuation or Volatility modules.

Check out the analysis of Abits Correlation against competitors.

Latest Abits' Net Debt Growth Pattern

Below is the plot of the Net Debt of Abits Group over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Abits' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abits' overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

Abits Net Debt Regression Statistics

	Arithmetic Mean	(383,626)
	Geometric Mean	179,599
	Coefficient Of Variation	(243.10)
	Mean Deviation	705,439
	Median	71,661
	Standard Deviation	932,609
	Sample Variance	869.8B
	Range	2.9M
	R-Value	(0.60)
	Mean Square Error	598.4B
	R-Squared	0.36
	Significance	0.02
	Slope	(125,317)
	Total Sum of Squares	12.2T

Abits Net Debt History

	2024	-928.4 K
	2023	-884.2 K
	2022	-2.5 M
	2021	-2.5 M
	2020	354.3 K

Other Fundumenentals of Abits Group

Net Debt To E B I T D A

Abits Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Invested Capital	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		1.0	-0.83	-0.75	-0.24	-0.9	-0.71	0.73	-0.71	0.87	1.0	0.88	0.89	-0.05
Total Stockholder Equity	1.0		-0.84	-0.75	-0.27	-0.92	-0.73	0.71	-0.73	0.87	1.0	0.89	0.89	-0.07
Net Debt	-0.83	-0.84		0.53	0.58	0.87	0.69	-0.62	0.69	-0.64	-0.83	-0.71	-0.82	-0.02
Retained Earnings	-0.75	-0.75	0.53		0.47	0.82	0.77	-0.26	0.77	-0.89	-0.79	-0.92	-0.38	0.69
Net Receivables	-0.24	-0.27	0.58	0.47		0.56	0.6	0.24	0.6	-0.42	-0.27	-0.51	-0.03	0.59
Total Liab	-0.9	-0.92	0.87	0.82	0.56		0.93	-0.49	0.93	-0.87	-0.92	-0.91	-0.73	0.3
Short Long Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93		-0.23	1.0	-0.77	-0.73	-0.82	-0.48	0.45
Total Current Assets	0.73	0.71	-0.62	-0.26	0.24	-0.49	-0.23		-0.23	0.31	0.72	0.33	0.88	0.47
Short Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93	1.0	-0.23		-0.77	-0.73	-0.82	-0.48	0.45
Common Stock	0.87	0.87	-0.64	-0.89	-0.42	-0.87	-0.77	0.31	-0.77		0.87	0.99	0.58	-0.44
Net Invested Capital	1.0	1.0	-0.83	-0.79	-0.27	-0.92	-0.73	0.72	-0.73	0.87		0.89	0.87	-0.11
Capital Stock	0.88	0.89	-0.71	-0.92	-0.51	-0.91	-0.82	0.33	-0.82	0.99	0.89		0.59	-0.47
Net Working Capital	0.89	0.89	-0.82	-0.38	-0.03	-0.73	-0.48	0.88	-0.48	0.58	0.87	0.59		0.39
Intangible Assets	-0.05	-0.07	-0.02	0.69	0.59	0.3	0.45	0.47	0.45	-0.44	-0.11	-0.47	0.39

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About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although Abits investors may analyze each financial statement separately, they are all interrelated. The changes in Abits' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abits' 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
Net Debt	-884.2 K	-928.4 K
Net Debt To EBITDA	0.12	0.11

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Additional Tools for Abits Stock Analysis

When running Abits' price analysis, check to measure Abits' 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 Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.

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Abits Net Debt from 2010 to 2024

Latest Abits' Net Debt Growth Pattern

Abits Net Debt Regression Statistics

Abits Net Debt History

Other Fundumenentals of Abits Group

Abits Net Debt component correlations

About Abits Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Abits Stock Analysis

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