BitFuFu (BitFuFu) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is BitFuFu Debt-to-Equity?

BitFuFu's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. BitFuFu's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. BitFuFu's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17.3 Mil. BitFuFu's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BitFuFu's Debt-to-Equity or its related term are showing as below:

FUFU's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

BitFuFu Debt-to-Equity Historical Data

The historical data trend for BitFuFu's Debt-to-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.

BitFuFu Debt-to-Equity Chart

BitFuFu Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

BitFuFu Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	7.22	-	-	-

Competitive Comparison of BitFuFu's Debt-to-Equity

For the Capital Markets subindustry, BitFuFu's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

BitFuFu's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitFuFu's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BitFuFu's Debt-to-Equity falls into.

BitFuFu Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BitFuFu's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	17.334
	=	0.00

BitFuFu's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	17.334
	=	0.00

BitFuFu (NAS:FUFU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BitFuFu Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BitFuFu's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BitFuFu (BitFuFu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitFuFu Inc (NAS:FUFU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 North Bridge Road, 15-01 Peninsula Plaza, Singapore, SGP, 179098

Website

BitFuFu Inc is a digital asset mining service and cloud-mining service provider, dedicated to fostering a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital asset.

BitFuFu (BitFuFu) Headlines

From GuruFocus

BitFuFu Files 2023 Annual Report on Form 20-F

By GlobeNewswire • 04-26-2024

BitFuFu Files 2023 Annual Report on Form 20-F

By Marketwired • 04-26-2024