BTCT (BTC Digital) Debt-to-Asset : 0.02 (As of Sep. 2024)

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What is BTC Digital Debt-to-Asset?

BTC Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.54 Mil. BTC Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. BTC Digital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $25.06 Mil. BTC Digital's debt to asset for the quarter that ended in Sep. 2024 was 0.02.

BTC Digital Debt-to-Asset Historical Data

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

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BTC Digital Debt-to-Asset Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.39

0.42

0.03

0.01

BTC Digital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															-	0.01	0.01	0.02	0.02

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

For the Computer Hardware subindustry, BTC Digital's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BTC Digital's Debt-to-Asset distribution charts can be found below:

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

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BTC Digital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.125	+	0)	/	24.543
	=	0.01

BTC Digital's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.544	+	0)	/	25.063
	=	0.02

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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

BTC Digital Debt-to-Asset Related Terms

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BTC Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BTC Digital Ltd (NAS:BTCT) » Definitions » Debt-to-Asset

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://btct.investorroom.com

BTC Digital Ltd is a crypto asset technology company based in the U.S. with a focus on bitcoin mining. The company also generates revenue through mining machine resale and rental business operations.