Bit Depreciation And Amortization from 2010 to 2024
BTBT Stock | USD 4.61 0.18 4.06% |
Depreciation And Amortization | First Reported 2016-03-31 | Previous Quarter 8.3 M | Current Value 8.4 M | Quarterly Volatility 3.3 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 | Depreciation And Amortization |
Latest Bit Digital's Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of Bit Digital over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Bit Digital's Depreciation And Amortization 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.
Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
Timeline |
Bit Depreciation And Amortization Regression Statistics
Arithmetic Mean | 5,100,927 | |
Geometric Mean | 1,210,710 | |
Coefficient Of Variation | 152.54 | |
Mean Deviation | 5,649,867 | |
Median | 1,700,316 | |
Standard Deviation | 7,780,878 | |
Sample Variance | 60.5T | |
Range | 27.8M | |
R-Value | 0.60 | |
Mean Square Error | 41.4T | |
R-Squared | 0.36 | |
Significance | 0.02 | |
Slope | 1,050,663 | |
Total Sum of Squares | 847.6T |
Bit Depreciation And Amortization History
About Bit Digital Financial Statements
Bit Digital shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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 | ||
Depreciation And Amortization | 14.4 M | 7.4 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.