Bit Net Tangible Assets from 2010 to 2025

BTBT Stock  USD 2.25  0.12  5.06%   
Bit Digital Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2025. Net Tangible Assets is the total assets of Bit Digital minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
187 M
Current Value
196.3 M
Quarterly Volatility
79 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.9 M, Selling General Administrative of 43.6 M or Selling And Marketing Expenses of 1.3 M, as well as many indicators such as Price To Sales Ratio of 2.39, Dividend Yield of 0.0037 or PTB Ratio of 0.84. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Latest Bit Digital's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Bit Digital over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Bit Digital's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Digital's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Bit Net Tangible Assets Regression Statistics

Arithmetic Mean61,962,483
Geometric Mean22,934,076
Coefficient Of Variation127.46
Mean Deviation70,160,435
Median11,611,095
Standard Deviation78,974,878
Sample Variance6237T
Range192.5M
R-Value0.84
Mean Square Error1970.5T
R-Squared0.71
Significance0.000047
Slope13,929,256
Total Sum of Squares93555.5T

Bit Net Tangible Assets History

2025196.3 M
2024187 M
2021162.6 M
202038 M
20193.8 M
201811.6 M
201711.8 M

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets187 M196.3 M

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Additional Tools for Bit Stock Analysis

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.