Bitdeer Technologies Group (Bitdeer Technologies Group) Debt-to-Asset : 0.14 (As of Mar. 2024)

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What is Bitdeer Technologies Group Debt-to-Asset?

Bitdeer Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Bitdeer Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $97.8 Mil. Bitdeer Technologies Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $691.0 Mil. Bitdeer Technologies Group's debt to asset for the quarter that ended in Mar. 2024 was 0.14.

Bitdeer Technologies Group Debt-to-Asset Historical Data

The historical data trend for Bitdeer Technologies Group's Debt-to-Asset 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.

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Bitdeer Technologies Group Debt-to-Asset Chart

Bitdeer Technologies Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.03

0.14

0.15

Bitdeer Technologies Group Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial								0.16	0.16	0.15	0.15	0.14

Competitive Comparison of Bitdeer Technologies Group's Debt-to-Asset

For the Software - Application subindustry, Bitdeer Technologies Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bitdeer Technologies Group's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Bitdeer Technologies Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Bitdeer Technologies Group's Debt-to-Asset falls into.

Bitdeer Technologies Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bitdeer Technologies Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	92.829)	/	639.387
	=	0.15

Bitdeer Technologies Group's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	97.788)	/	690.97
	=	0.14

Bitdeer Technologies Group (NAS:BTDR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Bitdeer Technologies Group Debt-to-Asset Related Terms

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Bitdeer Technologies Group (Bitdeer Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bitdeer Technologies Group (NAS:BTDR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509

Website

https://www.bitdeer.com

Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its major business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.