What is the debt of Bit Digital this year?
Bit Digital has a debt level of -16.86 USD this year.
In 2024, Bit Digital's total debt was -16.86 USD, a -48.44% change from the -32.7 USD total debt recorded in the previous year.
Bit Digital's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Bit Digital's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Bit Digital’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Bit Digital’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Bit Digital has a debt level of -16.86 USD this year.
The debt of Bit Digital has increased by -48.44% compared to the previous year dropped.
High debt can pose a risk for investors of Bit Digital, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Bit Digital has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Bit Digital can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Bit Digital can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Bit Digital include investments, acquisitions, operating costs, and revenue development.
The debts of Bit Digital are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Bit Digital can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Bit Digital paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bit Digital is expected to pay a dividend of 0 USD.
The current dividend yield of Bit Digital is .
Bit Digital pays a quarterly dividend. This is distributed in the months of .
Bit Digital paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
Bit Digital is assigned to the 'Information technology' sector.
To receive the latest dividend of Bit Digital from 12/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.
The last dividend was paid out on 12/18/2024.
In the year 2023, Bit Digital distributed 0 USD as dividends.
The dividends of Bit Digital are distributed in USD.
Our stock analysis for Bit Digital Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bit Digital Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.