Bit Mining Stock Debt To Equity

BTCM Stock  USD 2.77  0.02  0.72%   
BIT Mining fundamentals help investors to digest information that contributes to BIT Mining's financial success or failures. It also enables traders to predict the movement of BIT Stock. The fundamental analysis module provides a way to measure BIT Mining's 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 BIT Mining stock.
Last ReportedProjected for Next Year
Debt To Equity(0.01)(0.01)
As of the 25th of November 2024, Debt To Equity is likely to grow to -0.0076.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

BIT Mining Company Debt To Equity Analysis

BIT Mining's 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.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current BIT Mining Debt To Equity

    
  0.03 %  
Most of BIT Mining's 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, BIT Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

BIT Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for BIT Mining is extremely important. It helps to project a fair market value of BIT Stock properly, considering its historical fundamentals such as Debt To Equity. Since BIT Mining's 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 BIT Mining's 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 BIT Mining's interrelated accounts and indicators.
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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.
Competition

BIT Total Stockholder Equity

Total Stockholder Equity

23.88 Million

At this time, BIT Mining's Total Stockholder Equity is very stable compared to the past year.
According to the company disclosure, BIT Mining has a Debt To Equity of 0.027%. This is 99.95% lower than that of the Software sector and 99.97% lower than that of the Information Technology industry. The debt to equity for all United States stocks is 99.94% higher than that of the company.

BIT Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BIT Mining's 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 BIT Mining could also be used in its relative valuation, which is a method of valuing BIT Mining by comparing valuation metrics of similar companies.
BIT Mining is currently under evaluation in debt to equity category among its peers.

BIT Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of BIT Mining from analyzing BIT Mining's financial statements. These drivers represent accounts that assess BIT Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BIT Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.2B2.6B382.1M13.8M55.6M52.8M
Enterprise Value2.1B2.5B371.6M12.5M56.5M53.7M

BIT Mining ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, BIT Mining's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BIT Mining's managers, analysts, and investors.
Environmental
Governance
Social

BIT Fundamentals

About BIT Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BIT Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BIT Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BIT Mining 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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When determining whether BIT Mining is a strong investment it is important to analyze BIT Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BIT Mining's future performance. For an informed investment choice regarding BIT Stock, refer to the following important reports:
Check out BIT Mining Piotroski F Score and BIT Mining Altman Z Score analysis.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BIT Mining. If investors know BIT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BIT Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.00)
Revenue Per Share
3.712
Quarterly Revenue Growth
(0.87)
Return On Assets
(0.19)
Return On Equity
(0.43)
The market value of BIT Mining is measured differently than its book value, which is the value of BIT that is recorded on the company's balance sheet. Investors also form their own opinion of BIT Mining's value that differs from its market value or its book value, called intrinsic value, which is BIT Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BIT Mining's market value can be influenced by many factors that don't directly affect BIT Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BIT Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIT Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIT Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.