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Bit OriginBTOG +6.04%24 Equity-to-Asset is -0.09 as of Dec. 2025. GuruFocus rates BTOG with a GF Score™ of 24/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 815 Capital Markets companies, Bit Origin ranks worse than 96.07% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bit Origin's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $-1.10 Mil. Bit Origin's Total Assets for the quarter that ended in Dec. 2025 was $12.91 Mil.
The historical rank and industry rank for Bit Origin's Equity-to-Asset or its related term are showing as below:
BTOG'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.42 Med: 0.38 Max: 1.1
Current: -0.09
During the past 10 years, the highest Equity to Asset Ratio of Bit Origin was 1.10. The lowest was -0.42. And the median was 0.38.
BTOG's Equity-to-Asset is ranked worse than 96.07% of 815
companies
in the Capital Markets industry
Industry Median: 0.51
vs BTOG: -0.09
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Bit Origin Equity-to-Asset Related Terms
Bit Origin Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Bit Origin's Equity-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.
BTOG vs MWAI, PWCM, IPST: Equity-to-Asset Comparison
For the Financial Data & Stock Exchanges subindustry, Bit Origin's Equity-to-Asset, along with its competitors' market caps and Equity-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.
Bit Origin Equity-to-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bit Origin's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bit Origin's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Bit Origin's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Bit Origin (BTOG) has a Equity-to-Asset of -0.09 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bit Origin and its competitors. According to the industry distribution chart, Bit Origin ranks #783 out of 815 companies in the Capital Markets industry, placing it in the top 96.1%.
Is Bit Origin's Equity-to-Asset too high?
Bit Origin's current Equity-to-Asset is -0.09. Based on the distribution chart, Bit Origin ranks #783 out of 815 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bit Origin has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bit Origin's Equity-to-Asset compare to MWAI and PWCM?
According to the Capital Markets industry distribution chart, Bit Origin ranks #783 out of 815 companies for Equity-to-Asset. This places Bit Origin in the lower half of its industry. The industry median Equity-to-Asset is 0.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Capital Markets company?
The median Equity-to-Asset among Capital Markets companies is 0.51, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bit Origin and its competitors. For the Capital Markets industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Origin's current Equity-to-Asset is -0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Origin stock overvalued right now?
Based on GuruFocus' analysis, Bit Origin (BTOG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.83 — trading 727.1% above its estimated fair value. The current Equity-to-Asset is -0.09. Bit Origin's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Bit Origin (BTOG), the current Equity-to-Asset is -0.09 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 Bit Origin (BTOG) Overvalued in 2026?
Based on GuruFocus' analysis, Bit Origin stock appears to be overvalued.
The current stock price of $0.83 is trading 727.1% above its estimated GF Value™ of $0.10.
GuruFocus considers Bit Origin to be Significantly Overvalued.
Key valuation signals for BTOG:
Equity-to-Asset: -0.09
GF Value™: $0.10 vs. price of $0.83 (727.1% above fair value)
No single metric tells the full story. See the BTOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions. It derives all of its revenue from Bitcoin mining.
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