Bit Cash from 2010 to 2024

BTBT Stock  USD 4.61  0.18  4.06%   
Bit Digital Cash yearly trend continues to be comparatively stable with very little volatility. Cash will likely drop to about 13.2 M in 2024. Cash is the total amount of money in the form of currency that Bit Digital has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2016-09-30
Previous Quarter
59 M
Current Value
103.2 M
Quarterly Volatility
22.5 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 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.
  
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 Cash Growth Pattern

Below is the plot of the Cash of Bit Digital over the last few years. Cash refers to the most liquid asset of Bit Digital, which is listed under current asset account on Bit Digital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bit Digital customers. The amounts must be unrestricted with restricted cash listed in a different Bit Digital account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Bit Digital's Cash 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.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Bit Cash Regression Statistics

Arithmetic Mean8,322,403
Geometric Mean2,020,681
Coefficient Of Variation156.64
Mean Deviation9,585,281
Median674,515
Standard Deviation13,036,388
Sample Variance169.9T
Range42.4M
R-Value0.62
Mean Square Error113T
R-Squared0.38
Significance0.01
Slope1,803,014
Total Sum of Squares2379.3T

Bit Cash History

202413.2 M
202316.9 M
202232.7 M
202142.4 M
2020405.1 K
201934.5 K
20182.3 M

Other Fundumenentals of Bit Digital

Bit Digital Cash component correlations

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Cash, 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.

Thematic Opportunities

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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.