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Bitcoin Group SEHAM:ADE +1.28%53 Cash-to-Debt is 2.88 as of Dec. 2025, which is 90% below its 10-year median of 27.79. GuruFocus rates HAM:ADE with a GF Score™ of 53/100 and a GF Value™ of €43.58 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,440 Asset Management companies, Bitcoin Group SE ranks worse than 52.78% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Bitcoin Group SE's cash to debt ratio for the quarter that ended in Dec. 2025 was 2.88.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Bitcoin Group SEcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Bitcoin Group SE's Cash-to-Debt or its related term are showing as below:
HAM:ADE'
s Cash-to-Debt Range Over the Past 10 Years
Min: 2.88 Med: 27.79 Max: No Debt
Current: 2.88
During the past 13 years, Bitcoin Group SE's highest Cash to Debt Ratio was No Debt. The lowest was 2.88. And the median was 27.79.
HAM:ADE's Cash-to-Debt is ranked worse than 52.78% of 1440
companies
in the Asset Management industry
Industry Median: 5.035
vs HAM:ADE: 2.88
Bitcoin Group SE (HAM:ADE) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Bitcoin Group SE Cash-to-Debt Related Terms
Bitcoin Group SE Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Bitcoin Group SE's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Asset Management subindustry, Bitcoin Group SE's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bitcoin Group SE Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bitcoin Group SE's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Bitcoin Group SE's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bitcoin Group SE (HAM:ADE) has a Cash-to-Debt of 2.88 as of Dec. 2025. This is 90% below median its historical median of 27.79. Over the past decade, Bitcoin Group SE's Cash-to-Debt has ranged from 2.88 to 10,000.00. According to the industry distribution chart, Bitcoin Group SE ranks #760 out of 1440 companies in the Asset Management industry, placing it in the top 52.8%.
Is Bitcoin Group SE's Cash-to-Debt too high?
Bitcoin Group SE's current Cash-to-Debt of 2.88 is 90% below median its 10-year median of 27.79. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 10,000.00. The Asset Management industry median Cash-to-Debt is 5.04. Bitcoin Group SE's value of 2.88 is 42.8% below this industry median. Based on the distribution chart, Bitcoin Group SE ranks #760 out of 1440 companies in the Asset Management industry, which is below the industry midpoint. Overall, Bitcoin Group SE has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Group SE's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, Bitcoin Group SE ranks #760 out of 1440 companies for Cash-to-Debt. This places Bitcoin Group SE in the lower half of its industry. The industry median Cash-to-Debt is 5.04. Bitcoin Group SE's value of 2.88 is 42.8% below this benchmark. Historically, Bitcoin Group SE's own Cash-to-Debt has ranged from 2.88 to 10,000.00 over the past decade. While the company's 10-year median is 27.79 vs. the industry median of 5.04, Bitcoin Group SE has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.04, based on 1,440 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bitcoin Group SE's current Cash-to-Debt of 2.88 is 42.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Group SE's current Cash-to-Debt is 2.88, which is 90% below median its own 10-year median of 27.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Group SE stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Group SE (HAM:ADE) is currently considered Possible Value Trap. The stock's GF Value™ is €43.58, compared to a current price of €23.80 — trading 45.4% below its estimated fair value. The current Cash-to-Debt is 2.88, which is 90% below median its 10-year median of 27.79 and 42.8% below the Asset Management industry median of 5.04. Bitcoin Group SE's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Bitcoin Group SE (HAM:ADE), the current Cash-to-Debt is 2.88 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bitcoin Group SE (HAM:ADE) Overvalued in 2026?
Based on GuruFocus' analysis, Bitcoin Group SE stock appears to be undervalued.
The current stock price of €23.80 is trading 45.4% below its estimated GF Value™ of €43.58.
GuruFocus considers Bitcoin Group SE to be Possible Value Trap.
Key valuation signals for HAM:ADE:
Cash-to-Debt: 2.88 (90% below median its 10-year median of 27.79)
GF Value™: €43.58 vs. price of €23.80 (45.4% below fair value)
Industry Position: 42.8% below the Asset Management median (#760 of 1440)
No single metric tells the full story. See the HAM:ADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitcoin Group SE is a venture capital company. The Company focuses on the acquisition, sale and management of investments in companies, and the acquisition of strategic leadership, management and coordination of these companies.
53GF Score
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