BIT Mining (BIT Mining) Total Stockholders Equity : $43.2 Mil (As of Sep. 2023)

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What is BIT Mining Total Stockholders Equity?

BIT Mining's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $43.2 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. BIT Mining's Book Value per Share for the quarter that ended in Sep. 2023 was $3.89. The ratio of a company's debt over equity can be used to measure how leveraged this company is. BIT Mining's Debt-to-Equity for the quarter that ended in Sep. 2023 was 0.09.

BIT Mining Total Stockholders Equity Historical Data

The historical data trend for BIT Mining's Total Stockholders Equity 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.

BIT Mining Total Stockholders Equity Chart

BIT Mining Annual Data

Trend

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Dec23

Total Stockholders Equity

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83.53

61.83

179.89

53.13

39.43

BIT Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial															53.13	49.18	47.59	43.19	39.43

BIT Mining (NYSE:BTCM) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

BIT Mining's Book Value per Share for the quarter that ended in Sep. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(43.188	-	0)	/	11.1123
	=	3.89

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

BIT Mining's Debt-to-Equity for the quarter that ended in Sep. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.462	+	2.593)	/	43.188
	=	0.09

BIT Mining Total Stockholders Equity Related Terms

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BIT Mining (BIT Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BIT Mining Ltd (NYSE:BTCM) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

50C0:Germany

Address

428 South Seiberling Street, Akron, OH, USA, 44306

Website

https://www.btcm.group

BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.