BTC Digital (BTC Digital) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is BTC Digital Debt-to-Equity?

BTC Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.13 Mil. BTC Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. BTC Digital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19.44 Mil. BTC Digital's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BTC Digital's Debt-to-Equity or its related term are showing as below:

BTCT' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.18 Med: -0.61 Max: 0.05
Current: 0.01

During the past 7 years, the highest Debt-to-Equity Ratio of BTC Digital was 0.05. The lowest was -2.18. And the median was -0.61.

BTCT's Debt-to-Equity is ranked better than
99.56% of 226 companies
in the Education industry
Industry Median: 0.345 vs BTCT: 0.01

BTC Digital Debt-to-Equity Historical Data

The historical data trend for BTC Digital's Debt-to-Equity 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.

* Premium members only.

BTC Digital Debt-to-Equity Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-2.18

-1.23

0.05

0.01

BTC Digital Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							-	2.53	0.05	0.03	0.01

Competitive Comparison of BTC Digital's Debt-to-Equity

For the Education & Training Services subindustry, BTC Digital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

BTC Digital's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, BTC Digital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BTC Digital's Debt-to-Equity falls into.

BTC Digital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BTC Digital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.125	+	0)	/	19.442
	=	0.01

BTC Digital's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.125	+	0)	/	19.442
	=	0.01

BTC Digital (NAS:BTCT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BTC Digital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BTC Digital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BTC Digital (BTC Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » BTC Digital Ltd (NAS:BTCT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Shenyun West Road, 3rd Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.meten.com

BTC Digital Ltd Formerly Meten Holding Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. Its operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.