BCBC (Bitcoin Bancorp) Total Assets: $0.24 Mil (As of Dec. 2008)


What is Bitcoin Bancorp Total Assets?

Bitcoin Bancorp BCBC -17.79% Total Assets is $0.24 Mil as of Dec. 2008.

Bitcoin Bancorp's Total Assets for the quarter that ended in Dec. 2008 was $0.24 Mil.

Total Assets is connected with ROA %. Bitcoin Bancorp's annualized ROA % for the quarter that ended in Dec. 2008 was -153.22%. Total Assets is also linked to Revenue through Asset Turnover. Bitcoin Bancorp's Asset Turnover for the quarter that ended in Dec. 2008 was 0.00.

Bitcoin Bancorp  (OTCPK:BCBC) Total Assets Explanation

Total Assets is connected with ROA %.

Bitcoin Bancorp's annualized ROA % for the quarter that ended in Dec. 2008 is

ROA %=Net Income (Q: Dec. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Dec. 2008 ))/ count )
=-0.393/( (0.27+0.243)/ 2 )
=-0.393/0.2565
=-153.22 %

Note: The Net Income data used here is one times the annual (Dec. 2008) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Bitcoin Bancorp's Asset Turnover for the quarter that ended in Dec. 2008 is

Asset Turnover
=Revenue (Q: Dec. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Dec. 2008 ))/ count )
=0/( (0.27+0.243)/ 2 )
=0/0.2565
=0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Bitcoin Bancorp Total Assets Related Terms

Bitcoin Bancorp Total Assets Historical Data

* Premium members only.

The historical data trend for Bitcoin Bancorp's Total Assets 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.

Bitcoin Bancorp Total Assets Chart

Bitcoin Bancorp Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.03 0.03 0.23 0.27 0.24

Bitcoin Bancorp Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Assets Get a 7-Day Free Trial Premium Member Only 0.03 0.03 0.23 0.27 0.24

Bitcoin Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Bitcoin Bancorp's Total Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (A: Dec. 2008 )+Total Liabilities (A: Dec. 2008 )
=0.071+0.172
=0.24

Bitcoin Bancorp's Total Assets for the quarter that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (Q: Dec. 2008 )+Total Liabilities (Q: Dec. 2008 )
=0.071+0.172
=0.24

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.24 Mil mean?
Bitcoin Bancorp (BCBC) has a Total Assets of $0.24 Mil as of Dec. 2008. The total amount of assets as recorded on a company's balance sheet. View historical data on Bitcoin Bancorp and its competitors.
Is Bitcoin Bancorp's Total Assets too high?
Bitcoin Bancorp's current Total Assets is $0.24 Mil.
How does Bitcoin Bancorp's Total Assets compare to TFLM and INTZ?
Bitcoin Bancorp's Total Assets of $0.24 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Bitcoin Bancorp and its competitors. Bitcoin Bancorp's current Total Assets is $0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Bancorp stock overvalued right now?
Bitcoin Bancorp (BCBC) has a current Total Assets of $0.24 Mil. The current Total Assets is $0.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Bitcoin Bancorp (BCBC), the current Total Assets is $0.24 Mil as of Dec. 2008. 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.

Bitcoin Bancorp Business Description

Address 732 S 6th Street, Suite R, Las Vegas, NV, USA, 89101
Bitcoin Bancorp Inc is a diversified digital asset and BaaS company, specializing in blockchain technologies, software development, and Web 3.0. The company owns Bitcoin ATMs which are operated by licensed third-party operators within the jurisdictions in which it resides. It is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions.