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Bit Digital (Bit Digital) Enterprise Value : $275.53 Mil (As of May. 26, 2024)


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What is Bit Digital Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bit Digital's Enterprise Value is $275.53 Mil. Bit Digital's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.26 Mil. Therefore, Bit Digital's EV-to-EBIT ratio for today is -18.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Bit Digital's Enterprise Value is $275.53 Mil. Bit Digital's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $2.37 Mil. Therefore, Bit Digital's EV-to-EBITDA ratio for today is 116.40.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Bit Digital's Enterprise Value is $275.53 Mil. Bit Digital's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $71.38 Mil. Therefore, Bit Digital's EV-to-Revenue ratio for today is 3.86.


Bit Digital Enterprise Value Historical Data

The historical data trend for Bit Digital's Enterprise Value 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.

Bit Digital Enterprise Value Chart

Bit Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 6.40 1,052.23 373.94 25.22 445.73

Bit Digital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.71 333.96 180.92 445.73 317.88

Competitive Comparison of Bit Digital's Enterprise Value

For the Capital Markets subindustry, Bit Digital's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Bit Digital's Enterprise Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Digital's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Bit Digital's Enterprise Value falls into.



Bit Digital Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Bit Digital's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Bit Digital's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* 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.


Bit Digital  (NAS:BTBT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Bit Digital's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=275.530/-15.26
=-18.06

Bit Digital's current Enterprise Value is $275.53 Mil.
Bit Digital's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.26 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Bit Digital's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=275.530/2.367
=116.40

Bit Digital's current Enterprise Value is $275.53 Mil.
Bit Digital's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.37 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Bit Digital's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=275.530/71.382
=3.86

Bit Digital's current Enterprise Value is $275.53 Mil.
Bit Digital's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $71.38 Mil.

* 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.


Bit Digital Enterprise Value Related Terms

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Bit Digital (Bit Digital) Business Description

Traded in Other Exchanges
Address
33 Irving Place, New York, NY, USA, 10003
Bit Digital Inc is engaged in the Bitcoin mining business. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from cryptocurrency mining.