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Bitdeer Technologies Group (Bitdeer Technologies Group) Equity-to-Asset : 0.52 (As of Dec. 2023)


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What is Bitdeer Technologies Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bitdeer Technologies Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $332.6 Mil. Bitdeer Technologies Group's Total Assets for the quarter that ended in Dec. 2023 was $639.4 Mil. Therefore, Bitdeer Technologies Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

The historical rank and industry rank for Bitdeer Technologies Group's Equity-to-Asset or its related term are showing as below:

BTDR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.47   Max: 0.52
Current: 0.52

During the past 5 years, the highest Equity to Asset Ratio of Bitdeer Technologies Group was 0.52. The lowest was 0.17. And the median was 0.47.

BTDR's Equity-to-Asset is ranked worse than
52.69% of 2849 companies
in the Software industry
Industry Median: 0.54 vs BTDR: 0.52

Bitdeer Technologies Group Equity-to-Asset Historical Data

The historical data trend for Bitdeer Technologies Group's Equity-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.

* Premium members only.

Bitdeer Technologies Group Equity-to-Asset Chart

Bitdeer Technologies Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.17 0.45 0.49 0.52

Bitdeer Technologies Group Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.50 0.50 0.51 0.52

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

For the Software - Application subindustry, Bitdeer Technologies Group's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset Distribution in the Software Industry

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

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



Bitdeer Technologies Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=332.566/639.387
=0.52

Bitdeer Technologies Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=332.566/639.387
=0.52

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Bitdeer Technologies Group Equity-to-Asset Related Terms

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


Bitdeer Technologies Group (Bitdeer Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509
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.