BTCT (BTC Digital) Debt-to-Equity: 0.07 (As of Dec. 2025) — 600% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTCT BTC Digital Ltd BTCT
32 GF Score
Price $0.52
GF Value $0.83
Valuation Possible Value Trap
! 7 Warning Signs
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What is BTC Digital Debt-to-Equity?

BTC Digital BTCT -0.97% 32 Debt-to-Equity is 0.07 as of Dec. 2025, which is 600% above its 10-year median of 0.01. GuruFocus rates BTCT with a GF Score™ of 32/100 and a GF Value™ of $0.83 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,219 Hardware companies, BTC Digital ranks better than 78.14% on this metric.

BTC Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $2.22 Mil. BTC Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.29 Mil. BTC Digital's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $37.16 Mil. BTC Digital's debt to equity for the quarter that ended in Dec. 2025 was 0.07.

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: 0.01   Max: 0.07
Current: 0.07

During the past 9 years, the highest Debt-to-Equity Ratio of BTC Digital was 0.07. The lowest was -2.18. And the median was 0.01.

BTCT's Debt-to-Equity is ranked better than
78.14% of 2219 companies
in the Hardware industry
Industry Median: 0.27 vs BTCT: 0.07

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


BTC Digital Debt-to-Equity Historical Data

* Premium members only.

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.

BTC Digital Debt-to-Equity Chart

BTC Digital Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.00 0.05 0.01 0.02 0.07

BTC Digital Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.03 0.02 0.01 0.07

BTCT vs EBON, SCKT, AGMH: Debt-to-Equity Comparison

For the Computer Hardware 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 Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology 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.


BTCT
32GF Score
BTC Digital Ltd BTCT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

BTC Digital's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.07 mean?
BTC Digital (BTCT) has a Debt-to-Equity of 0.07 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BTC Digital and its competitors. This is 600% above median its historical median of 0.01. According to the industry distribution chart, BTC Digital ranks #485 out of 2219 companies in the Hardware industry, placing it in the top 21.9%.
Is BTC Digital's Debt-to-Equity too high?
BTC Digital's current Debt-to-Equity of 0.07 is 600% above median its 10-year median of 0.01. The Hardware industry median Debt-to-Equity is 0.27. BTC Digital's value of 0.07 is 74.1% below this industry median. Based on the distribution chart, BTC Digital ranks #485 out of 2219 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, BTC Digital has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BTC Digital's Debt-to-Equity compare to EBON and SCKT?
According to the Hardware industry distribution chart, BTC Digital ranks #485 out of 2219 companies for Debt-to-Equity. This places BTC Digital in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.27. BTC Digital's value of 0.07 is 74.1% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.27, BTC Digital 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 Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,219 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BTC Digital's current Debt-to-Equity of 0.07 is 74.1% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BTC Digital and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTC Digital's current Debt-to-Equity is 0.07, which is 600% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Digital stock overvalued right now?
Based on GuruFocus' analysis, BTC Digital (BTCT) is currently considered Possible Value Trap. The stock's GF Value™ is $0.83, compared to a current price of $0.52 — trading 37.3% below its estimated fair value. The current Debt-to-Equity is 0.07, which is 600% above median its 10-year median of 0.01 and 74.1% below the Hardware industry median of 0.27. BTC Digital's overall GF Score™ is 32/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BTC Digital (BTCT), the current Debt-to-Equity is 0.07 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 BTC Digital (BTCT) Overvalued in 2026?

Based on GuruFocus' analysis, BTC Digital stock appears to be undervalued. The current stock price of $0.52 is trading 37.3% below its estimated GF Value™ of $0.83. GuruFocus considers BTC Digital to be Possible Value Trap.

Key valuation signals for BTCT:

  • Debt-to-Equity: 0.07 (600% above median its 10-year median of 0.01)
  • GF Value™: $0.83 vs. price of $0.52 (37.3% below fair value)
  • GF Score™: 32/100 with 7 warning signs
  • Industry Position: 74.1% below the Hardware median (#485 of 2219)

No single metric tells the full story. See the BTCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BTC Digital Business Description

Address 61 Robinson Road, Suite 738, Level 6 & 7, District 1, SGP, 068893
BTC Digital Ltd is the ledger technology that underlies bitcoin and other cryptocurrencies, based in the U.S., with a focus on bitcoin mining. A blockchain is a decentralized, distributed, and encrypted digital public ledger that stores information in a secure, verifiable, and permanent way. The company also generates revenue through the resale of mining machines, mining machine rental, and miner hosting services.
32GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.52
Price
$0.83
GF Value