BIT Mining Net Worth

BIT Mining Net Worth Analysis

Know BIT Mining's Top Institutional Investors

Note, although BIT Mining's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow BIT Mining's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.98 M.

Project BIT Mining's profitablity

The company has Profit Margin (PM) of (0.09) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.13) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.13.

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate BIT Mining's management efficiency

BIT Mining has return on total asset (ROA) of (0.1919) % which means that it has lost $0.1919 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.434) %, meaning that it created substantial loss on money invested by shareholders. BIT Mining's management efficiency ratios could be used to measure how well BIT Mining manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.43. In addition to that, Return On Capital Employed is likely to drop to -0.96. At this time, BIT Mining's Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Asset Turnover is likely to grow to 0.98, while Total Assets are likely to drop about 69 M.

BIT Mining Corporate Filings

BIT Mining time-series forecasting models is one of many BIT Mining's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary BIT Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

BIT Mining Earnings per Share Projection vs Actual

BIT Mining Corporate Management

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:

How To Invest In BIT Details

Is BIT Stock a good investment? Details

What is BIT Mining's Net Worth? Details

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Altman Z Score Details

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Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details