Bit Other Assets from 2010 to 2024

BTOG Stock  USD 1.35  0.03  2.17%   
Bit Origin's Other Assets are increasing over the last several years with slightly volatile swings. Other Assets are estimated to finish at about 21.9 M this year. During the period from 2010 to 2024 Bit Origin Other Assets regressed destribution of quarterly values had coefficient of variationof  125.53 and r-value of  0.88. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
20.9 M
Current Value
21.9 M
Quarterly Volatility
8.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bit Origin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Origin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.5 M, Interest Expense of 194.4 K or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0 or PTB Ratio of 0.72. Bit financial statements analysis is a perfect complement when working with Bit Origin Valuation or Volatility modules.
  
Check out the analysis of Bit Origin Correlation against competitors.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.

Latest Bit Origin's Other Assets Growth Pattern

Below is the plot of the Other Assets of Bit Origin over the last few years. It is Bit Origin's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Origin's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Bit Other Assets Regression Statistics

Arithmetic Mean6,807,534
Geometric Mean2,330,226
Coefficient Of Variation125.53
Mean Deviation7,278,329
Median603,238
Standard Deviation8,545,516
Sample Variance73T
Range21.3M
R-Value0.88
Mean Square Error18.4T
R-Squared0.77
Significance0.000019
Slope1,672,883
Total Sum of Squares1022.4T

Bit Other Assets History

202421.9 M
202320.9 M
202118.2 M
20208.4 M
20197.9 M
20181.9 M

About Bit Origin Financial Statements

Bit Origin stakeholders use historical fundamental indicators, such as Bit Origin's Other Assets, to determine how well the company is positioned to perform in the future. Although Bit Origin investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bit Origin's assets and liabilities are reflected in the revenues and expenses on Bit Origin's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bit Origin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets20.9 M21.9 M

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 the analysis of Bit Origin Correlation against competitors.
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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.