Bit Historical Balance Sheet
BTOG Stock | USD 1.41 0.05 3.68% |
Trend analysis of Bit Origin balance sheet accounts such as Total Assets of 11.4 M, Short and Long Term Debt Total of 1.8 M or Other Current Liab of 283 K provides information on Bit Origin's total assets, liabilities, and equity, which is the actual value of Bit Origin to its prevalent stockholders. By breaking down trends over time using Bit Origin balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Bit Origin latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bit Origin is a good buy for the upcoming year.
Bit Origin Inventory |
|
Bit |
About Bit Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Bit Origin at a specified time, usually calculated after every quarter, six months, or one year. Bit Origin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bit Origin and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bit currently owns. An asset can also be divided into two categories, current and non-current.
Bit Origin Balance Sheet Chart
Add Fundamental
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Bit Origin assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bit Origin books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Bit Origin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bit Origin are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Short Term Investments
Short Term Investments is an item under the current assets section of Bit Origin balance sheet. It contains any investments Bit Origin undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bit Origin can easily liquidate in the marketplace.Most accounts from Bit Origin's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Bit Origin current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.At this time, Bit Origin's Current Deferred Revenue is most likely to increase significantly in the upcoming years. The Bit Origin's current Non Current Assets Total is estimated to increase to about 11.9 M, while Short and Long Term Debt Total is projected to decrease to roughly 1.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.7M | 2.1M | 1.9M | 1.8M | Total Assets | 35.0M | 13.3M | 12.0M | 11.4M |
Bit Origin balance sheet Correlations
Click cells to compare fundamentals
Bit Origin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bit Origin balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 747.3K | 1.1M | 2.0M | 3.3M | 3.8M | 4.0M | |
Total Assets | 63.3M | 40.9M | 35.0M | 13.3M | 12.0M | 11.4M | |
Short Long Term Debt Total | 18.3M | 2.1M | 1.7M | 2.1M | 1.9M | 1.8M | |
Other Current Liab | 17.2M | 22.6M | (3.8M) | 331.0K | 297.9K | 283.0K | |
Total Current Liabilities | 32.7M | 38.7M | 300.0K | 2.6M | 2.3M | 2.2M | |
Total Stockholder Equity | 23.8M | (3.2M) | 34.7M | 10.3M | 11.8M | 17.9M | |
Property Plant And Equipment Net | 6.2M | 4.4K | 8.0M | 7.4M | 8.5M | 5.4M | |
Current Deferred Revenue | 736.6K | 1.3M | 4.3M | 4.4M | 5.1M | 5.3M | |
Net Debt | 16.8M | 2.1M | 1.7M | 2.1M | 1.9M | 1.8M | |
Retained Earnings | 7.0M | (38.6M) | (36.0M) | (64.2M) | (57.8M) | (54.9M) | |
Accounts Payable | 5.7M | 10.0M | 16.5M | 667.9K | 768.1K | 729.7K | |
Cash | 1.5M | 7.6K | 17.8K | 16.3K | 14.6K | 13.9K | |
Non Current Assets Total | 13.1M | 8.4M | 29.2M | 9.8M | 11.2M | 11.9M | |
Non Currrent Assets Other | 579.5K | 6.0M | 17.9M | (9.8M) | (11.2M) | (10.7M) | |
Cash And Short Term Investments | 1.5M | 7.6K | 17.8K | 16.3K | 14.6K | 13.9K | |
Net Receivables | 9.8M | 11.1M | 4.4M | 468.2K | 421.4K | 400.3K | |
Liabilities And Stockholders Equity | 63.3M | 40.9M | 35.0M | 13.3M | 12.0M | 11.4M | |
Inventory | (148.9K) | 229.4K | 1.2M | 1.0M | 1.2M | 1.2M | |
Other Current Assets | 39.4M | 21.3M | 162.5K | 3.1M | 3.6M | 3.4M | |
Other Stockholder Equity | 15.8M | 33.8M | 69.7M | 73.4M | 84.5M | 88.7M | |
Total Liab | 36.5M | 42.5M | 300.0K | 3.1M | 2.8M | 2.6M | |
Total Current Assets | 50.3M | 32.5M | 5.8M | 3.6M | 3.2M | 3.1M | |
Short Term Debt | 6.5M | 782.1K | 831.3K | 1.6M | 1.4M | 1.4M | |
Intangible Assets | 492.3K | 462.7K | 438.0K | 299.6K | 269.7K | 349.7K | |
Common Stock | 239.7K | 407.2K | 918.6K | 1.0M | 1.2M | 1.2M | |
Net Tangible Assets | 24.1M | 18.6M | (3.2M) | 34.7M | 39.9M | 41.8M | |
Other Assets | 1.9M | 7.9M | 8.4M | 18.2M | 20.9M | 21.9M | |
Non Current Liabilities Total | 3.8M | 3.8M | 2.4M | 486.3K | 437.7K | 415.8K | |
Net Invested Capital | 41.5M | (1.1M) | 34.7M | 12.3M | 11.1M | 19.8M | |
Short Long Term Debt | 7.9M | 14.9M | 2.1M | 1.6M | 1.4M | 1.4M | |
Net Working Capital | 17.5M | (6.2M) | 5.5M | 984.5K | 886.1K | 841.7K | |
Property Plant Equipment | 3.3M | 10.1K | 4.4K | 8.0M | 9.2M | 9.7M | |
Capital Stock | 239.7K | 407.2K | 918.6K | 1.0M | 1.2M | 615.9K |
Currently Active Assets on Macroaxis
When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin'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 Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Packaged Foods & Meats 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 Origin. 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 Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.28) | Revenue Per Share 2.052 | Quarterly Revenue Growth 0.402 | Return On Assets (0.35) | Return On Equity (1.46) |
The market value of Bit Origin 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 Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin'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 Origin's market value can be influenced by many factors that don't directly affect Bit Origin'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 Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin'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.