Bit Digital Statistics
Total Valuation
Bit Digital has a market cap or net worth of $612.83 million. The enterprise value is $515.21 million.
Important Dates
The last earnings date was Monday, November 18, 2024, before market open.
| Earnings Date | Nov 18, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Bit Digital has 147.66 million shares outstanding. The number of shares has increased by 44.78% in one year.
| Current Share Class | 147.66M |
| Shares Outstanding | 147.66M |
| Shares Change (YoY) | +44.78% |
| Shares Change (QoQ) | +16.89% |
| Owned by Insiders (%) | 0.50% |
| Owned by Institutions (%) | 38.70% |
| Float | 146.92M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 207.51 |
| PS Ratio | 5.04 |
| Forward PS | 4.88 |
| PB Ratio | 2.03 |
| P/TBV Ratio | 1.95 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 148.43 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 5.26 |
| EV / EBITDA | 131.48 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 5.27, with a Debt / Equity ratio of 0.04.
| Current Ratio | 5.27 |
| Quick Ratio | 2.38 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 2.89 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -1.29% and return on invested capital (ROIC) is -6.72%.
| Return on Equity (ROE) | -1.29% |
| Return on Assets (ROA) | -5.95% |
| Return on Capital (ROIC) | -6.72% |
| Revenue Per Employee | $4.08M |
| Profits Per Employee | -$112,107 |
| Employee Count | 24 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Bit Digital has paid $2.76 million in taxes.
| Income Tax | 2.76M |
| Effective Tax Rate | 3,951.85% |
Stock Price Statistics
The stock price has increased by +75.85% in the last 52 weeks. The beta is 4.80, so Bit Digital's price volatility has been higher than the market average.
| Beta (5Y) | 4.80 |
| 52-Week Price Change | +75.85% |
| 50-Day Moving Average | 3.73 |
| 200-Day Moving Average | 3.03 |
| Relative Strength Index (RSI) | 49.90 |
| Average Volume (20 Days) | 20,592,663 |
Short Selling Information
The latest short interest is 25.69 million, so 17.40% of the outstanding shares have been sold short.
| Short Interest | 25.69M |
| Short Previous Month | 26.48M |
| Short % of Shares Out | 17.40% |
| Short % of Float | 17.49% |
| Short Ratio (days to cover) | 2.64 |
Income Statement
In the last 12 months, Bit Digital had revenue of $98.00 million and -$2.69 million in losses. Loss per share was -$0.03.
| Revenue | 98.00M |
| Gross Profit | 41.28M |
| Operating Income | -23.09M |
| Pretax Income | 40.25M |
| Net Income | -2.69M |
| EBITDA | 3.92M |
| EBIT | -23.09M |
| Loss Per Share | -$0.03 |
Full Income StatementBalance Sheet
The company has $103.18 million in cash and $11.31 million in debt, giving a net cash position of $91.88 million or $0.62 per share.
| Cash & Cash Equivalents | 103.18M |
| Total Debt | 11.31M |
| Net Cash | 91.88M |
| Net Cash Per Share | $0.62 |
| Equity (Book Value) | 315.02M |
| Book Value Per Share | 1.99 |
| Working Capital | 209.47M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $4.03 million and capital expenditures -$65.53 million, giving a free cash flow of -$61.50 million.
| Operating Cash Flow | 4.03M |
| Capital Expenditures | -65.53M |
| Free Cash Flow | -61.50M |
| FCF Per Share | -$0.42 |
Full Cash Flow StatementMargins
Gross margin is 42.13%, with operating and profit margins of -23.56% and -2.75%.
| Gross Margin | 42.13% |
| Operating Margin | -23.56% |
| Pretax Margin | 0.07% |
| Profit Margin | -2.75% |
| EBITDA Margin | 4.00% |
| EBIT Margin | -23.56% |
| FCF Margin | -127.58% |
Dividends & Yields
Bit Digital does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -44.78% |
| Shareholder Yield | -44.78% |
| Earnings Yield | -0.45% |
| FCF Yield | -10.28% |
Analyst Forecast
The average price target for Bit Digital is $6.33, which is 52.52% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $6.33 |
| Price Target Difference | 52.52% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Bit Digital has an Altman Z-Score of 3.26 and a Piotroski F-Score of 4.
| Altman Z-Score | 3.26 |
| Piotroski F-Score | 4 |