Bit Historical Financial Ratios
| BTBT Stock | USD 4.61 0.18 4.06% |
Bit Digital is presently reporting on over 92 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0038, PTB Ratio of 2.07 or Days Sales Outstanding of 118 will help investors to properly organize and evaluate Bit Digital financial condition quickly.
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About Bit Financial Ratios Analysis
Bit DigitalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Bit Digital investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Bit financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Bit Digital history.
Bit Digital Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Bit Digital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bit Digital sales, a figure that is much harder to manipulate than other Bit Digital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Bit Digital dividend as a percentage of Bit Digital stock price. Bit Digital dividend yield is a measure of Bit Digital stock productivity, which can be interpreted as interest rate earned on an Bit Digital investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Bit Digital's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Bit Digital current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.At this time, Bit Digital's Capex To Operating Cash Flow is comparatively stable compared to the past year. Days Payables Outstanding is likely to gain to 31.98 in 2024, whereas Free Cash Flow Yield is likely to drop (0.21) in 2024.
| 2023 | 2024 (projected) | Dividend Yield | 0.004318 | 0.003838 | Price To Sales Ratio | 7.43 | 11.57 |
Bit Digital fundamentals Correlations
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Bit Digital Account Relationship Matchups
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Bit Digital fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.32 | 31.82 | 3.51 | 1.46 | 7.43 | 11.57 | |
| Ptb Ratio | 1.28 | 17.64 | 1.96 | 0.52 | 2.18 | 2.07 | |
| Book Value Per Share | 0.33 | 1.24 | 3.1 | 1.14 | 1.74 | 0.89 | |
| Free Cash Flow Yield | (0.0896) | (0.37) | (0.0118) | (0.21) | (0.59) | (0.2) | |
| Operating Cash Flow Per Share | (0.35) | (0.0891) | (0.11) | (0.42) | 0.0126 | 0.0133 | |
| Stock Based Compensation To Revenue | 0.38 | 0.0216 | 0.23 | 0.0701 | 0.2 | 0.12 | |
| Capex To Depreciation | 28.93 | 1.36 | 3.57 | 0.69 | 4.62 | 4.39 | |
| Pb Ratio | 1.28 | 17.64 | 1.96 | 0.52 | 2.18 | 2.07 | |
| Ev To Sales | 1.32 | 31.81 | 3.07 | 0.45 | 7.19 | 10.91 | |
| Roic | (1.19) | (0.004761) | 0.0589 | 0.3 | (0.11) | (0.12) | |
| Net Income Per Share | (0.46) | (0.0361) | 0.0877 | (1.34) | (0.16) | (0.17) | |
| Sales General And Administrative To Revenue | 0.54 | 0.12 | 0.41 | 0.72 | 0.59 | 0.42 | |
| Capex To Revenue | 0.19 | 0.21 | 0.49 | 0.6 | 1.48 | 1.56 | |
| Cash Per Share | 0.16 | 0.002269 | 0.22 | 1.29 | 0.72 | 0.76 | |
| Pocfratio | (4.49) | (196.03) | (14.49) | (5.55) | 301.65 | 316.74 | |
| Capex To Operating Cash Flow | (0.65) | (1.32) | (2.01) | (2.28) | 60.29 | 63.31 | |
| Pfcf Ratio | (2.73) | (84.58) | (4.81) | (1.69) | (5.09) | (5.34) | |
| Income Quality | 0.2 | (1.78) | (4.78) | 0.0807 | (0.0796) | (0.0836) | |
| Roe | (1.46) | (0.0291) | 0.0283 | (1.17) | (0.091) | (0.0955) | |
| Ev To Operating Cash Flow | (4.46) | (196.01) | (12.67) | (1.7) | 292.03 | 306.63 | |
| Pe Ratio | (0.88) | (606.71) | 69.3 | (0.45) | (24.0) | (25.2) | |
| Return On Tangible Assets | (1.06) | (0.0277) | 0.027 | (1.05) | (0.0734) | (0.0771) | |
| Ev To Free Cash Flow | (2.71) | (84.57) | (4.2) | (0.52) | (4.93) | (5.17) | |
| Earnings Yield | (1.14) | (0.001648) | 0.0144 | (2.23) | (0.0417) | (0.0437) | |
| Net Debt To E B I T D A | 0.0176 | (0.0154) | (1.62) | 3.65 | 0.86 | 0.91 | |
| Current Ratio | 1.39 | 4.6 | 19.14 | 8.65 | 3.08 | 2.92 | |
| Tangible Book Value Per Share | 0.33 | 1.24 | 3.1 | 1.14 | 1.74 | 0.9 | |
| Graham Number | 1.79 | 1.0 | 2.47 | 5.87 | 2.5 | 1.55 | |
| Shareholders Equity Per Share | 0.31 | 1.24 | 3.1 | 1.14 | 1.74 | 1.83 | |
| Capex Per Share | 0.0575 | 0.15 | 0.84 | 0.25 | 0.76 | 0.8 | |
| Graham Net Net | (0.11) | 0.19 | 1.14 | 0.31 | 0.43 | 0.27 |
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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.