Bit Net Working Capital from 2010 to 2025

BTBT Stock  USD 3.65  0.06  1.62%   
Bit Digital Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 35.6 M in 2025. From the period from 2010 to 2025, Bit Digital Net Working Capital quarterly data regression had r-value of  0.66 and coefficient of variation of  111.71. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
64.7 M
Current Value
35.6 M
Quarterly Volatility
27.5 M
 
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 17.4 M, Selling General Administrative of 32 M or Selling And Marketing Expenses of 1.3 M, as well as many indicators such as Price To Sales Ratio of 11.57, Dividend Yield of 0.0038 or PTB Ratio of 2.39. 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Bit Digital over the last few years. It is Bit Digital's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Bit Net Working Capital Regression Statistics

Arithmetic Mean24,622,063
Geometric Mean12,152,318
Coefficient Of Variation111.71
Mean Deviation22,740,829
Median9,587,428
Standard Deviation27,505,421
Sample Variance756.5T
Range91.4M
R-Value0.66
Mean Square Error462.8T
R-Squared0.43
Significance0.01
Slope3,784,448
Total Sum of Squares11348.2T

Bit Net Working Capital History

202535.6 M
202464.7 M
202356.3 M
202257 M
202191.5 M
20206.8 M
2019130.7 K

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Net Working Capital, 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
Net Working Capital64.7 M35.6 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.