BTCT (BTC Digital) Interest Expense : $-0.02 Mil (TTM As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is BTC Digital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BTC Digital's interest expense for the three months ended in Sep. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.02 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. BTC Digital's Operating Income for the three months ended in Sep. 2024 was $ -0.54 Mil. BTC Digital's Interest Expense for the three months ended in Sep. 2024 was $ -0.00 Mil. BTC Digital did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BTC Digital Interest Expense Historical Data

The historical data trend for BTC Digital's Interest Expense 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.

BTC Digital Interest Expense Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.35

-0.02

-0.06

BTC Digital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-0.01	-0.01	-

BTC Digital Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

BTC Digital (NAS:BTCT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BTC Digital's Interest Expense for the three months ended in Sep. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

BTC Digital's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

BTC Digital did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

BTC Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BTC Digital Ltd (NAS:BTCT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Shenyun West Road, 3rd Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://btct.investorroom.com

BTC Digital Ltd is a crypto asset technology company based in the U.S. with a focus on bitcoin mining. The company also generates revenue through mining machine resale and rental business operations.