Bit Earnings Yield from 2010 to 2024

BTBT Stock  USD 4.61  0.18  4.06%   
Bit Digital Earnings Yield yearly trend continues to be comparatively stable with very little volatility. Earnings Yield will likely drop to -0.04 in 2024. Earnings Yield is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. View All Fundamentals
 
Earnings Yield  
First Reported
2010-12-31
Previous Quarter
(0.04)
Current Value
(0.04)
Quarterly Volatility
0.62513601
 
Credit Downgrade
 
Yuan Drop
 
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 Earnings Yield Growth Pattern

Below is the plot of the Earnings Yield of Bit Digital over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Bit Digital's Earnings Yield 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.
Earnings Yield10 Years Trend
Slightly volatile
   Earnings Yield   
       Timeline  

Bit Earnings Yield Regression Statistics

Arithmetic Mean(0.23)
Coefficient Of Variation(267.33)
Mean Deviation0.39
Median(0)
Standard Deviation0.63
Sample Variance0.39
Range2.2468
R-Value(0.36)
Mean Square Error0.37
R-Squared0.13
Significance0.19
Slope(0.05)
Total Sum of Squares5.47

Bit Earnings Yield History

2024 -0.0437
2023 -0.0417
2022 -2.23
2021 0.0144
2020 -0.001648
2019 -1.14
2018 -0.0378

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Earnings Yield, 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
Earnings Yield(0.04)(0.04)

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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.