Bit Cash And Short Term Investments from 2010 to 2024

BTBT Stock  USD 4.25  0.19  4.28%   
Bit Digital Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2016-09-30
Previous Quarter
59 M
Current Value
105.1 M
Quarterly Volatility
36.8 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 And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Bit Digital over the last few years. Short Term Investments is an account in the current assets section of Bit Digital balance sheet. This account contains Bit Digital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bit Digital fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Bit Digital's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Bit Cash And Short Term Investments Regression Statistics

Arithmetic Mean15,627,301
Geometric Mean2,975,970
Coefficient Of Variation154.84
Mean Deviation19,459,942
Median2,334,425
Standard Deviation24,197,615
Sample Variance585.5T
Range68M
R-Value0.79
Mean Square Error236.6T
R-Squared0.62
Significance0.0005
Slope4,276,921
Total Sum of Squares8197.3T

Bit Cash And Short Term Investments History

202468 M
202364.8 M
202233.3 M
202142.4 M
20206.7 M
201934.5 K
20182.3 M

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments64.8 M68 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.