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Cathedra Bitcoin (TSXV:CBIT) Debt-to-Equity : 0.19 (As of Mar. 2025)


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What is Cathedra Bitcoin Debt-to-Equity?

Cathedra Bitcoin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$4.38 Mil. Cathedra Bitcoin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.68 Mil. Cathedra Bitcoin's Total Stockholders Equity for the quarter that ended in Mar. 2025 was C$27.03 Mil. Cathedra Bitcoin's debt to equity for the quarter that ended in Mar. 2025 was 0.19.

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 Cathedra Bitcoin's Debt-to-Equity or its related term are showing as below:

TSXV:CBIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.31
Current: 0.19

During the past 2 years, the highest Debt-to-Equity Ratio of Cathedra Bitcoin was 0.31. The lowest was 0.19. And the median was 0.26.

TSXV:CBIT's Debt-to-Equity is ranked better than
58.83% of 600 companies
in the Capital Markets industry
Industry Median: 0.3 vs TSXV:CBIT: 0.19

Cathedra Bitcoin Debt-to-Equity Historical Data

The historical data trend for Cathedra Bitcoin'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.

Cathedra Bitcoin Debt-to-Equity Chart

Cathedra Bitcoin Annual Data
Trend Dec23 Dec24
Debt-to-Equity
0.31 0.25

Cathedra Bitcoin Quarterly Data
Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
Debt-to-Equity Get a 7-Day Free Trial 0.31 N/A 0.27 0.25 0.19

Competitive Comparison of Cathedra Bitcoin's Debt-to-Equity

For the Capital Markets subindustry, Cathedra Bitcoin'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.

Cathedra Bitcoin's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Debt-to-Equity distribution charts can be found below:

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


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Cathedra Bitcoin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cathedra Bitcoin's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
=(6.266 + 0.696) / 28.276
=0.25

Cathedra Bitcoin's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
=(4.383 + 0.682) / 27.029
=0.19

* 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.

Cathedra Bitcoin  (TSXV:CBIT) 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.

Cathedra Bitcoin Debt-to-Equity Related Terms

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Cathedra Bitcoin Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Debt-to-Equity
Comparable Companies
TSXV:DELX TSXV:MATE TSXV:FRNT TSXV:SATO NEOE:HOLD XCNQ:BTC TSXV:HFC XCNQ:ARM XCNQ:SIX TSXV:CSTR MS GS SCHW HOOD SHSE:600030 ASX:MQG SHSE:601211 BSP:BPAC3 CRCL TW
Traded in Other Exchanges
CBTTF:USA FB0:Germany
Address
422 Richards Street, Unit 170, Vancouver, BC, CAN, V6B 2Z4
Website
https://www.cathedra.com
Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota, which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications, including bitcoin mining and artificial intelligence.

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