Bit Digital is performing exceptionally good at the present time. It has a great chance to report excellent financial results in April. At this time, Bit Digital's Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 148.6 M in 2025, despite the fact that Retained Earnings are likely to grow to (93.3 M). Key indicators impacting Bit Digital's financial strength include:
Investors should never underestimate Bit Digital's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bit Digital's cash flow, debt, and profitability to make informed and accurate decisions about investing in Bit Digital.
Net Income
29.72 Million
Bit
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Research And Ddevelopement To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Capex Per Share
Graham Net Net
Average Receivables
Revenue Per Share
Interest Debt Per Share
Enterprise Value Over E B I T D A
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Return On Capital Employed
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Cashflows From Financing Activities
Other Non Cash Items
Capital Expenditures
Total Cash From Operating Activities
Change To Account Receivables
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Total Cashflows From Investing Activities
Depreciation
Change To Operating Activities
Other Cashflows From Investing Activities
Change To Netincome
Change To Liabilities
Investments
Stock Based Compensation
Issuance Of Capital Stock
Dividends Paid
Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Accounts Payable
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Net Receivables
Common Stock Total Equity
Common Stock Shares Outstanding
Liabilities And Stockholders Equity
Non Current Liabilities Total
Other Current Assets
Other Stockholder Equity
Total Liab
Property Plant And Equipment Gross
Total Current Assets
Accumulated Other Comprehensive Income
Common Stock
Net Tangible Assets
Current Deferred Revenue
Other Assets
Property Plant Equipment
Net Invested Capital
Long Term Investments
Net Working Capital
Capital Stock
Inventory
Short Term Investments
Depreciation And Amortization
Selling General Administrative
Selling And Marketing Expenses
Other Operating Expenses
Operating Income
Ebit
Research Development
Ebitda
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Discontinued Operations
Interest Expense
Total Revenue
Gross Profit
Net Income Applicable To Common Shares
Minority Interest
Tax Provision
Net Interest Income
Interest Income
Net Income From Continuing Ops
Cost Of Revenue
Reconciled Depreciation
Probability Of Bankruptcy
Understanding current and past Bit Digital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bit Digital's financial statements are interrelated, with each one affecting the others. For example, an increase in Bit Digital's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Bit Digital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bit Digital. Check Bit Digital's Beneish M Score to see the likelihood of Bit Digital's management manipulating its earnings.
Bit Digital Stock Summary
Bit Digital competes with Hut 8, HIVE Blockchain, CleanSpark, Terawulf, and Marathon Digital. Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York. Bit Digital operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.
The reason investors look at the income statement is to determine what Bit Digital's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Bit Digital's current stock value. Our valuation model uses many indicators to compare Bit Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bit Digital competition to find correlations between indicators driving Bit Digital's intrinsic value. More Info.
Bit Digital is number one stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bit Digital is roughly 1.98 . At this time, Bit Digital's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bit Digital by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Bit Digital Systematic Risk
Bit Digital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bit Digital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Bit Digital correlated with the market. If Beta is less than 0 Bit Digital generally moves in the opposite direction as compared to the market. If Bit Digital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bit Digital is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bit Digital is generally in the same direction as the market. If Beta > 1 Bit Digital moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Bit Digital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bit Digital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bit Digital growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Bit Digital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bit Digital. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bit Digital based on widely used predictive technical indicators. In general, we focus on analyzing Bit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bit Digital's daily price indicators and compare them against related drivers.
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.