Abits Group Stock Debt To Equity

ABTS Stock

0.62 0.04 6.06%

Abits Group fundamentals help investors to digest information that contributes to Abits' financial success or failures. It also enables traders to predict the movement of Abits Stock. The fundamental analysis module provides a way to measure Abits' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Abits stock.

		Last Reported	Projected for Next Year
	Debt To Equity	0.81	0.85

Debt To Equity is likely to gain to 0.85 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Abits Group Company Debt To Equity Analysis

Abits' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Current Abits Debt To Equity

0.85

Most of Abits' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Abits Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Abits Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Abits is extremely important. It helps to project a fair market value of Abits Stock properly, considering its historical fundamentals such as Debt To Equity. Since Abits' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Abits' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Abits' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Invested Capital	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		1.0	-0.83	-0.75	-0.24	-0.9	-0.71	0.73	-0.71	0.87	1.0	0.88	0.89	-0.05
Total Stockholder Equity	1.0		-0.84	-0.75	-0.27	-0.92	-0.73	0.71	-0.73	0.87	1.0	0.89	0.89	-0.07
Net Debt	-0.83	-0.84		0.53	0.58	0.87	0.69	-0.62	0.69	-0.64	-0.83	-0.71	-0.82	-0.02
Retained Earnings	-0.75	-0.75	0.53		0.47	0.82	0.77	-0.26	0.77	-0.89	-0.79	-0.92	-0.38	0.69
Net Receivables	-0.24	-0.27	0.58	0.47		0.56	0.6	0.24	0.6	-0.42	-0.27	-0.51	-0.03	0.59
Total Liab	-0.9	-0.92	0.87	0.82	0.56		0.93	-0.49	0.93	-0.87	-0.92	-0.91	-0.73	0.3
Short Long Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93		-0.23	1.0	-0.77	-0.73	-0.82	-0.48	0.45
Total Current Assets	0.73	0.71	-0.62	-0.26	0.24	-0.49	-0.23		-0.23	0.31	0.72	0.33	0.88	0.47
Short Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93	1.0	-0.23		-0.77	-0.73	-0.82	-0.48	0.45
Common Stock	0.87	0.87	-0.64	-0.89	-0.42	-0.87	-0.77	0.31	-0.77		0.87	0.99	0.58	-0.44
Net Invested Capital	1.0	1.0	-0.83	-0.79	-0.27	-0.92	-0.73	0.72	-0.73	0.87		0.89	0.87	-0.11
Capital Stock	0.88	0.89	-0.71	-0.92	-0.51	-0.91	-0.82	0.33	-0.82	0.99	0.89		0.59	-0.47
Net Working Capital	0.89	0.89	-0.82	-0.38	-0.03	-0.73	-0.48	0.88	-0.48	0.58	0.87	0.59		0.39
Intangible Assets	-0.05	-0.07	-0.02	0.69	0.59	0.3	0.45	0.47	0.45	-0.44	-0.11	-0.47	0.39

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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

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Debt To Equity Over Time

Abits Total Stockholder Equity

Total Stockholder Equity

9.32 Million

At this time, Abits' Total Stockholder Equity is comparatively stable compared to the past year.

Abits Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Abits' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Abits could also be used in its relative valuation, which is a method of valuing Abits by comparing valuation metrics of similar companies.

Abits is currently under evaluation in debt to equity category among its peers.

Abits Current Valuation Drivers

We derive many important indicators used in calculating different scores of Abits from analyzing Abits' financial statements. These drivers represent accounts that assess Abits' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Abits' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	78.8M	26.1M	54.2M	15.4M	44.1M	41.9M
Enterprise Value	78.9M	26.5M	51.6M	12.9M	43.2M	41.0M

Abits Fundamentals

	Return On Equity	-0.57
	Return On Asset	-0.0777
	Profit Margin	(1.70) %
	Operating Margin	(0.1) %
	Current Valuation	20.59 M
	Shares Outstanding	35.55 M
	Shares Owned By Insiders	22.87 %
	Shares Owned By Institutions	0.20 %
	Number Of Shares Shorted	352.12 K
	Price To Book	1.86 X
	Price To Sales	3.93 X
	Revenue	1.68 M
	EBITDA	(7.59 M)
	Net Income	(12.59 M)
	Total Debt	1.01 M
	Book Value Per Share	0.32 X
	Cash Flow From Operations	1.76 M
	Short Ratio	1.42 X
	Earnings Per Share	(0.26) X
	Number Of Employees	11
	Beta	2.71
	Market Capitalization	20.98 M
	Total Asset	12.32 M
	Retained Earnings	(77.89 M)
	Working Capital	652.94 K
	Net Asset	12.32 M

About Abits Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Abits Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abits using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abits Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Abits Stock Analysis

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

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