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CBTTF (Cathedra Bitcoin) Debt-to-Equity : 0.27 (As of Sep. 2024)


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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 Sep. 2024 was $0.87 Mil. Cathedra Bitcoin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4.52 Mil. Cathedra Bitcoin's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $20.20 Mil. Cathedra Bitcoin's debt to equity for the quarter that ended in Sep. 2024 was 0.27.

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:

CBTTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.27   Max: 0.27
Current: 0.27

During the past 0 years, the highest Debt-to-Equity Ratio of Cathedra Bitcoin was 0.27. The lowest was 0.27. And the median was 0.27.

CBTTF's Debt-to-Equity is ranked better than
51.59% of 597 companies
in the Capital Markets industry
Industry Median: 0.3 vs CBTTF: 0.27

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
Debt-to-Equity

Cathedra Bitcoin Quarterly Data
Sep23 Sep24
Debt-to-Equity N/A 0.27

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.


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 . 20 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
=( + ) / N/A
=N/A

Cathedra Bitcoin's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.865 + 4.521) / 20.199
=0.27

* 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  (OTCPK:CBTTF) 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

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

Cathedra Bitcoin Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (OTCPK:CBTTF) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
FB0:Germany CBIT:Canada
Address
320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3
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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