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Bit Digital (Bit Digital) EV-to-EBIT : -11.45 (As of Apr. 27, 2024)


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What is Bit Digital EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bit Digital's Enterprise Value is $255.30 Mil. Bit Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-22.29 Mil. Therefore, Bit Digital's EV-to-EBIT for today is -11.45.

The historical rank and industry rank for Bit Digital's EV-to-EBIT or its related term are showing as below:

BTBT' s EV-to-EBIT Range Over the Past 10 Years
Min: -582.6   Med: -3.65   Max: 716.45
Current: -11.45

During the past 9 years, the highest EV-to-EBIT of Bit Digital was 716.45. The lowest was -582.60. And the median was -3.65.

BTBT's EV-to-EBIT is ranked worse than
100% of 481 companies
in the Capital Markets industry
Industry Median: 10.1 vs BTBT: -11.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Bit Digital's Enterprise Value for the quarter that ended in Dec. 2023 was $445.73 Mil. Bit Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-22.29 Mil. Bit Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.00%.


Bit Digital EV-to-EBIT Historical Data

The historical data trend for Bit Digital's EV-to-EBIT 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 EV-to-EBIT Chart

Bit Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only -3.21 938.66 28.61 -0.65 -16.67

Bit Digital Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 -0.65 -2.79 -9.42 -6.40 -16.67

Competitive Comparison of Bit Digital's EV-to-EBIT

For the Capital Markets subindustry, Bit Digital's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Digital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bit Digital's EV-to-EBIT falls into.



Bit Digital EV-to-EBIT Calculation

Bit Digital's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=255.298/-22.292
=-11.45

Bit Digital's current Enterprise Value is $255.30 Mil.
Bit Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.29 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  (NAS:BTBT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Bit Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-22.292/445.72916
=-5.00 %

Bit Digital's Enterprise Value for the quarter that ended in Dec. 2023 was $445.73 Mil.
Bit Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.29 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 EV-to-EBIT 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.