Bit Digital Statistics
Total Valuation
Bit Digital has a market cap or net worth of $324.73 million. The enterprise value is $243.34 million.
Important Dates
The next estimated earnings date is Wednesday, May 14, 2025, after market close.
| Earnings Date | May 14, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Bit Digital has 182.44 million shares outstanding. The number of shares has increased by 61.66% in one year.
| Current Share Class | 182.44M |
| Shares Outstanding | 182.44M |
| Shares Change (YoY) | +61.66% |
| Shares Change (QoQ) | +15.76% |
| Owned by Insiders (%) | 0.69% |
| Owned by Institutions (%) | 34.56% |
| Float | 181.17M |
Valuation Ratios
The trailing PE ratio is 9.37.
| PE Ratio | 9.37 |
| Forward PE | n/a |
| PS Ratio | 2.32 |
| Forward PS | 2.08 |
| PB Ratio | 0.70 |
| P/TBV Ratio | 0.77 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 8.60 |
| EV / Sales | 2.26 |
| EV / EBITDA | 4.10 |
| EV / EBIT | 9.01 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 5.39, with a Debt / Equity ratio of 0.03.
| Current Ratio | 5.39 |
| Quick Ratio | 1.99 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | 0.23 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 9.19% and return on invested capital (ROIC) is 5.31%.
| Return on Equity (ROE) | 9.19% |
| Return on Assets (ROA) | 4.64% |
| Return on Invested Capital (ROIC) | 5.31% |
| Return on Capital Employed (ROCE) | 5.59% |
| Revenue Per Employee | $1.99M |
| Profits Per Employee | $524,182 |
| Employee Count | 54 |
| Asset Turnover | 0.30 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Bit Digital has paid $3.98 million in taxes.
| Income Tax | 3.98M |
| Effective Tax Rate | 12.32% |
Stock Price Statistics
The stock price has decreased by -3.30% in the last 52 weeks. The beta is 6.07, so Bit Digital's price volatility has been higher than the market average.
| Beta (5Y) | 6.07 |
| 52-Week Price Change | -3.30% |
| 50-Day Moving Average | 2.39 |
| 200-Day Moving Average | 3.29 |
| Relative Strength Index (RSI) | 36.46 |
| Average Volume (20 Days) | 13,399,704 |
Short Selling Information
The latest short interest is 34.72 million, so 19.03% of the outstanding shares have been sold short.
| Short Interest | 34.72M |
| Short Previous Month | 33.29M |
| Short % of Shares Out | 19.03% |
| Short % of Float | 19.16% |
| Short Ratio (days to cover) | 2.25 |
Income Statement
In the last 12 months, Bit Digital had revenue of $107.50 million and earned $28.31 million in profits. Earnings per share was $0.19.
| Revenue | 107.50M |
| Gross Profit | 45.12M |
| Operating Income | 27.01M |
| Pretax Income | 40.25M |
| Net Income | 28.31M |
| EBITDA | 59.32M |
| EBIT | 27.01M |
| Earnings Per Share (EPS) | $0.19 |
Full Income StatementBalance Sheet
The company has $95.20 million in cash and $13.81 million in debt, giving a net cash position of $81.40 million or $0.45 per share.
| Cash & Cash Equivalents | 95.20M |
| Total Debt | 13.81M |
| Net Cash | 81.40M |
| Net Cash Per Share | $0.45 |
| Equity (Book Value) | 463.48M |
| Book Value Per Share | 2.54 |
| Working Capital | 241.83M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$12.99 million and capital expenditures -$94.00 million, giving a free cash flow of -$106.99 million.
| Operating Cash Flow | -12.99M |
| Capital Expenditures | -94.00M |
| Free Cash Flow | -106.99M |
| FCF Per Share | -$0.59 |
Full Cash Flow StatementMargins
Gross margin is 41.97%, with operating and profit margins of 25.13% and 26.33%.
| Gross Margin | 41.97% |
| Operating Margin | 25.13% |
| Pretax Margin | 30.03% |
| Profit Margin | 26.33% |
| EBITDA Margin | 55.18% |
| EBIT Margin | 25.13% |
| FCF Margin | n/a |
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 | -61.66% |
| Shareholder Yield | n/a |
| Earnings Yield | 8.72% |
| FCF Yield | -32.95% |
Analyst Forecast
The average price target for Bit Digital is $6.33, which is 259.66% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $6.33 |
| Price Target Difference | 259.66% |
| 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 3.8 and a Piotroski F-Score of 4.
| Altman Z-Score | 3.8 |
| Piotroski F-Score | 4 |