CBTTF (Cathedra Bitcoin) Equity-to-Asset : 0.56 (As of Sep. 2024)

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What is Cathedra Bitcoin Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cathedra Bitcoin's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $20.20 Mil. Cathedra Bitcoin's Total Assets for the quarter that ended in Sep. 2024 was $35.93 Mil. Therefore, Cathedra Bitcoin's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.56.

The historical rank and industry rank for Cathedra Bitcoin's Equity-to-Asset or its related term are showing as below:

CBTTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.56 Max: 0.56
Current: 0.56

During the past 0 years, the highest Equity to Asset Ratio of Cathedra Bitcoin was 0.56. The lowest was 0.56. And the median was 0.56.

CBTTF's Equity-to-Asset is ranked better than
52.69% of 799 companies
in the Capital Markets industry
Industry Median: 0.53 vs CBTTF: 0.56

Cathedra Bitcoin Equity-to-Asset Historical Data

The historical data trend for Cathedra Bitcoin'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.

* Premium members only.

Cathedra Bitcoin Equity-to-Asset Chart

Cathedra Bitcoin Annual Data

Trend

Equity-to-Asset

Cathedra Bitcoin Quarterly Data
	Sep23	Sep24
Equity-to-Asset	-	0.56

Competitive Comparison of Cathedra Bitcoin's Equity-to-Asset

For the Capital Markets subindustry, Cathedra Bitcoin'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.

Cathedra Bitcoin's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cathedra Bitcoin's Equity-to-Asset falls into.

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Cathedra Bitcoin Equity-to-Asset Calculation

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.

Cathedra Bitcoin's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

Cathedra Bitcoin's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	20.199	/	35.931
	=	0.56

Cathedra Bitcoin (OTCPK:CBTTF) Equity-to-Asset Explanation

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%.

Cathedra Bitcoin Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cathedra Bitcoin's Equity-to-Asset 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 » Equity-to-Asset

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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