Bitdeer Technologies Group (Bitdeer Technologies Group) Gross-Profit-to-Asset % : 20.52% (As of Mar. 2024)

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What is Bitdeer Technologies Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Bitdeer Technologies Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was $136.5 Mil. Bitdeer Technologies Group's average Total Assets over the quarter that ended in Mar. 2024 was $665.2 Mil. Therefore, Bitdeer Technologies Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.52%.

Bitdeer Technologies Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Bitdeer Technologies Group's Gross-Profit-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 Gross-Profit-to-Asset % Chart

Bitdeer Technologies Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

-2.72

32.18

12.82

12.06

Bitdeer Technologies Group Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial								8.38	10.29	13.62	17.16	20.52

Competitive Comparison of Bitdeer Technologies Group's Gross-Profit-to-Asset %

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

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

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

Bitdeer Technologies Group Gross-Profit-to-Asset % Calculation

Bitdeer Technologies Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	77.809	/	( (651.409	+	639.387)	/ 2 )
	=	77.809	/	645.398
	=	12.06 %

Bitdeer Technologies Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	136.524	/	( (639.387	+	690.97)	/ 2 )
	=	136.524	/	665.1785
	=	20.52 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Bitdeer Technologies Group Gross-Profit-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 » Gross-Profit-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.