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Bit DigitalBTBT +8.15%56 Debt-to-EBITDA is -0.68 as of Mar. 2026. GuruFocus rates BTBT with a GF Score™ of 56/100 and a GF Value™ of $1.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 419 Capital Markets companies, Bit Digital ranks worse than 238663.25% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Bit Digital's Debt-to-EBITDA or its related term are showing as below:
BTBT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.85 Med: 0.21 Max: 7.66
Current: -1.96
During the past 11 years, the highest Debt-to-EBITDA Ratio of Bit Digital was 7.66. The lowest was -2.85. And the median was 0.21.
BTBT's Debt-to-EBITDA is ranked worse than 100% of 419
companies
in the Capital Markets industry
Industry Median: 1.56
vs BTBT: -1.96
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Bit Digital Debt-to-EBITDA Related Terms
Bit Digital Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bit Digital's Debt-to-EBITDA 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.
BTBT vs CNCK, GEMI, CSHR: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, Bit Digital's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Bit Digital Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bit Digital's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bit Digital's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Bit Digital (BTBT) has a Debt-to-EBITDA of -0.68 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bit Digital. According to the industry distribution chart, Bit Digital ranks #999999 out of 419 companies in the Capital Markets industry.
Is Bit Digital's Debt-to-EBITDA too high?
Bit Digital's current Debt-to-EBITDA is -0.68. Based on the distribution chart, Bit Digital ranks #999999 out of 419 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bit Digital has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bit Digital's Debt-to-EBITDA compare to CNCK and GEMI?
According to the Capital Markets industry distribution chart, Bit Digital ranks #999999 out of 419 companies for Debt-to-EBITDA. This places Bit Digital in the lower half of its industry. The industry median Debt-to-EBITDA is 1.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.56, based on 419 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bit Digital. For the Capital Markets industry, the median Debt-to-EBITDA is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Digital's current Debt-to-EBITDA is -0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Digital stock overvalued right now?
Based on GuruFocus' analysis, Bit Digital (BTBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.84, compared to a current price of $1.46 — trading 20.7% below its estimated fair value. The current Debt-to-EBITDA is -0.68. Bit Digital's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Bit Digital (BTBT), the current Debt-to-EBITDA is -0.68 as of Mar. 2026. 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 Bit Digital (BTBT) Overvalued in 2026?
Based on GuruFocus' analysis, Bit Digital stock appears to be undervalued.
The current stock price of $1.46 is trading 20.7% below its estimated GF Value™ of $1.84.
GuruFocus considers Bit Digital to be Modestly Undervalued.
Key valuation signals for BTBT:
Debt-to-EBITDA: -0.68
GF Value™: $1.84 vs. price of $1.46 (20.7% below fair value)
No single metric tells the full story. See the BTBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
56GF Score
Get the complete analysis for BTBT
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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