CBTTF (Cathedra Bitcoin) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Cathedra Bitcoin LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Cathedra Bitcoin's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Cathedra Bitcoin's long-term debt to total assets ratio increased from . 20 (0.00) to Sep. 2024 (0.13). It may suggest that Cathedra Bitcoin is progressively becoming more dependent on debt to grow their business.

Cathedra Bitcoin LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cathedra Bitcoin's LT-Debt-to-Total-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.

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Cathedra Bitcoin LT-Debt-to-Total-Asset Chart

Cathedra Bitcoin Annual Data

Trend

LT-Debt-to-Total-Asset

Cathedra Bitcoin Quarterly Data
	Sep23	Sep24
LT-Debt-to-Total-Asset	-	0.13

Cathedra Bitcoin LT-Debt-to-Total-Asset Calculation

Cathedra Bitcoin's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Cathedra Bitcoin's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	4.521	/	35.931
	=	0.13

Cathedra Bitcoin (OTCPK:CBTTF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Cathedra Bitcoin LT-Debt-to-Total-Asset Related Terms

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Cathedra Bitcoin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (OTCPK:CBTTF) » Definitions » LT-Debt-to-Total-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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