BIT Net Debt from 2010 to 2025

BTCM Stock  USD 2.80  0.05  1.75%   
BIT Mining Net Debt yearly trend continues to be very stable with very little volatility. Net Debt is likely to grow to about 1.2 M this year. Net Debt is the total debt of BIT Mining minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2012-12-31
Previous Quarter
1.4 M
Current Value
975 K
Quarterly Volatility
36.3 M
 
Yuan Drop
 
Covid
Check BIT Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BIT Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.8 M, Interest Expense of 0.0 or Selling General Administrative of 32.2 M, as well as many indicators such as Price To Sales Ratio of 141, Dividend Yield of 0.0 or PTB Ratio of 209. BIT financial statements analysis is a perfect complement when working with BIT Mining Valuation or Volatility modules.
  
Check out the analysis of BIT Mining Correlation against competitors.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.

Latest BIT Mining's Net Debt Growth Pattern

Below is the plot of the Net Debt of BIT Mining over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. BIT Mining's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BIT Mining's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

BIT Net Debt Regression Statistics

Arithmetic Mean(28,684,622)
Geometric Mean12,528,270
Coefficient Of Variation(108.16)
Mean Deviation27,585,607
Median(10,518,000)
Standard Deviation31,026,275
Sample Variance962.6T
Range94M
R-Value0.31
Mean Square Error931.9T
R-Squared0.1
Significance0.24
Slope2,024,138
Total Sum of Squares14439.4T

BIT Net Debt History

20251.2 M
20241.1 M
2023975 K
2022-1.2 M
2021-10.5 M
2020-45.8 M
2019-44.8 M

Other Fundumenentals of BIT Mining

BIT Mining Net Debt component correlations

0.970.58-0.410.320.230.760.160.830.72-0.240.330.470.360.30.340.30.290.45-0.32
0.970.62-0.570.390.220.75-0.080.880.6-0.330.150.550.250.40.420.380.40.49-0.41
0.580.62-0.410.760.030.68-0.060.740.3-0.70.170.72-0.350.680.690.680.680.72-0.68
-0.41-0.57-0.41-0.5-0.12-0.130.57-0.53-0.020.510.16-0.330.16-0.51-0.49-0.46-0.55-0.470.57
0.320.390.76-0.50.430.41-0.20.58-0.02-0.91-0.110.58-0.340.980.980.970.970.91-0.87
0.230.220.03-0.120.430.370.070.41-0.17-0.35-0.10.050.080.460.460.480.430.39-0.31
0.760.750.68-0.130.410.370.080.890.28-0.260.010.69-0.020.40.420.420.370.4-0.3
0.16-0.08-0.060.57-0.20.070.08-0.130.50.260.75-0.220.42-0.3-0.24-0.25-0.36-0.050.35
0.830.880.74-0.530.580.410.89-0.130.24-0.43-0.040.73-0.020.570.590.590.560.57-0.48
0.720.60.3-0.02-0.02-0.170.280.50.24-0.040.73-0.010.51-0.08-0.02-0.09-0.070.2-0.08
-0.24-0.33-0.70.51-0.91-0.35-0.260.26-0.43-0.040.0-0.370.41-0.89-0.87-0.86-0.91-0.860.91
0.330.150.170.16-0.11-0.10.010.75-0.040.730.0-0.330.21-0.26-0.21-0.25-0.270.070.05
0.470.550.72-0.330.580.050.69-0.220.73-0.01-0.37-0.33-0.180.590.590.590.560.56-0.4
0.360.25-0.350.16-0.340.08-0.020.42-0.020.510.410.21-0.18-0.26-0.2-0.23-0.3-0.170.47
0.30.40.68-0.510.980.460.4-0.30.57-0.08-0.89-0.260.59-0.260.990.990.990.89-0.84
0.340.420.69-0.490.980.460.42-0.240.59-0.02-0.87-0.210.59-0.20.990.990.980.9-0.82
0.30.380.68-0.460.970.480.42-0.250.59-0.09-0.86-0.250.59-0.230.990.990.970.88-0.81
0.290.40.68-0.550.970.430.37-0.360.56-0.07-0.91-0.270.56-0.30.990.980.970.89-0.87
0.450.490.72-0.470.910.390.4-0.050.570.2-0.860.070.56-0.170.890.90.880.89-0.81
-0.32-0.41-0.680.57-0.87-0.31-0.30.35-0.48-0.080.910.05-0.40.47-0.84-0.82-0.81-0.87-0.81
Click cells to compare fundamentals

About BIT Mining Financial Statements

BIT Mining investors utilize fundamental indicators, such as Net Debt, to predict how BIT Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt1.1 M1.2 M
Net Debt To EBITDA(0.09)(0.09)

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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 the analysis of BIT Mining Correlation against competitors.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.