BTCS Financials

BTCS Stock  USD 3.55  0.22  5.84%   
Based on the key indicators related to BTCS's liquidity, profitability, solvency, and operating efficiency, BTCS Inc is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, BTCS's Net Receivables is comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 14.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 931.9 K in 2024. Key indicators impacting BTCS's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio28.9427.5626
Sufficiently Up
Slightly volatile
Investors should never underestimate BTCS's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor BTCS's cash flow, debt, and profitability to make informed and accurate decisions about investing in BTCS Inc.

Net Income

8.21 Million

  
Understanding current and past BTCS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of BTCS's financial statements are interrelated, with each one affecting the others. For example, an increase in BTCS's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in BTCS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BTCS Inc. Check BTCS's Beneish M Score to see the likelihood of BTCS's management manipulating its earnings.

BTCS Stock Summary

BTCS Inc. focuses on digital assets and blockchain technologies. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland. BTCS INC operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS05581M4042
CUSIP05581M404 05581M206 05581M305 09173J100 05581M107
LocationMaryland; U.S.A
Business Address9466 Georgia Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.btcs.com
Phone202 430 6576
CurrencyUSD - US Dollar

BTCS Key Financial Ratios

BTCS Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets421.4K1.6M14.1M9.9M27.1M28.5M
Other Current Liab445.3K350.4K1.9M509.7K925.8K879.6K
Net Debt16.8K(392.2K)(1.4M)(2.1M)(1.5M)(1.4M)
Retained Earnings(117.0M)(119.5M)(135.6M)(151.5M)(138.7M)(131.7M)
Cash143.1K524.1K1.4M2.1M1.5M1.5M
Total Liab605.1K508.6K2.0M586.4K980.9K931.9K
Total Current Assets420.0K1.6M5.5M4.2M27.0M28.4M
Common Stock19.8K42.0K10.5K13.1K15.3K14.6K
Accounts Payable28.3K26.3K138.7K76.7K55.1K52.3K
Other Current Assets24.0K31.9K324.6K123.7K62.5K62.1K
Short Term Debt0.0200K159.9K131.9K118.7K112.8K
Net Tangible Assets(256.0K)(183.8K)1.0M12.1M13.9M14.6M
Short Long Term Debt0.0200K159.9K131.9K118.7K112.8K
Net Invested Capital(23.9K)1.2M12.1M9.3M23.6M24.8M
Net Working Capital(185.1K)1.0M3.5M3.6M26.1M27.4M
Capital Stock19.9K42.0K10.5K13.1K2.6M2.7M

BTCS Key Income Statement Accounts

The reason investors look at the income statement is to determine what BTCS's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Operating Income(1.4M)(2.0M)(17.1M)(4.7M)(3.7M)(3.9M)
Ebit(1.4M)(2.0M)(14.0M)(4.7M)(3.7M)(3.9M)
Income Before Tax(1.6M)(2.6M)(16.0M)(15.9M)7.8M8.2M
Net Income(1.7M)(3.0M)(18.1M)(27.1M)7.8M8.2M
Ebitda(1.4M)(2.0M)(14.0M)(4.6M)(3.7M)(3.9M)
Interest Expense86.1K402.7K2.1M11.2M12.9M13.5M
Gross Profit(1.4K)(1.1K)944.9K1.3M979.9K1.0M
Cost Of Revenue1.4K1.1K268.3K426.4K359.8K426.2K
Income Tax Expense86.1K402.7K2.1M11.2M(3.0)(2.85)

BTCS Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash91.0K381.0K876.7K745.9K(688.5K)(654.0K)
Free Cash Flow(1.1M)(3.0M)(4.9M)(782.2K)(3.6M)(3.4M)
Capital Expenditures1.5K2.6K10.5K5.4K5.3K5.0K
Net Income(1.6M)(2.6M)(16.0M)(15.9M)7.8M8.2M
End Period Cash Flow143.1K524.1K1.4M2.1M1.5M1.5M
Depreciation1.4K1.1K939.04.0K5.0K4.8K
Other Non Cash Items207.1K(388.3K)(832.3K)12.1M(12.9M)(12.2M)
Investments(375.0K)0.0(9.5M)(9.0M)59.9K62.9K
Change To Netincome217.1K(232.3K)(742.7K)9.8M8.9M11.8M

BTCS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining BTCS's current stock value. Our valuation model uses many indicators to compare BTCS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BTCS competition to find correlations between indicators driving BTCS's intrinsic value. More Info.
BTCS Inc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, BTCS's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value BTCS by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

BTCS Inc Systematic Risk

BTCS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BTCS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on BTCS Inc correlated with the market. If Beta is less than 0 BTCS generally moves in the opposite direction as compared to the market. If BTCS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BTCS Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BTCS is generally in the same direction as the market. If Beta > 1 BTCS moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in BTCS Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BTCS's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of BTCS growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0222)

At this time, BTCS's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

BTCS November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of BTCS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BTCS Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of BTCS Inc based on widely used predictive technical indicators. In general, we focus on analyzing BTCS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BTCS's daily price indicators and compare them against related drivers.

Additional Tools for BTCS Stock Analysis

When running BTCS's price analysis, check to measure BTCS'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 BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.