BTC Digital (BTC Digital) Total Assets : $24.54 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is BTC Digital Total Assets?

BTC Digital's Total Assets for the quarter that ended in Dec. 2023 was $24.54 Mil.

During the past 12 months, BTC Digital's average Total Assets Growth Rate was -19.10% per year. During the past 3 years, the average Total Assets Growth Rate was -45.90% per year. During the past 5 years, the average Total Assets Growth Rate was -32.60% per year.

During the past 7 years, BTC Digital's highest 3-Year average Total Assets Growth Rate was -2.40%. The lowest was -45.90%. And the median was -45.70%.

Total Assets is connected with ROA %. BTC Digital's annualized ROA % for the quarter that ended in Dec. 2023 was -13.61%. Total Assets is also linked to Revenue through Asset Turnover. BTC Digital's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

BTC Digital Total Assets Historical Data

The historical data trend for BTC Digital's Total Assets 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.

BTC Digital Total Assets Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

209.18

168.19

138.90

30.34

24.54

BTC Digital Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial							138.90	106.41	30.34	25.70	24.54

BTC Digital Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

BTC Digital's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	19.442	+	5.101
	=	24.54

BTC Digital's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	19.442	+	5.101
	=	24.54

BTC Digital (NAS:BTCT) Total Assets Explanation

Total Assets is connected with ROA %.

BTC Digital's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-3.418	/	( (25.7	+	24.543)	/ 2 )
	=	-3.418	/	25.1215
	=	-13.61 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

BTC Digital's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1.789	/	( (25.7	+	24.543)	/ 2 )
=	1.789	/	25.1215
=	0.07

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

BTC Digital Total Assets Related Terms

Thank you for viewing the detailed overview of BTC Digital's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

BTC Digital (BTC Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » BTC Digital Ltd (NAS:BTCT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Shenyun West Road, 3rd Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.meten.com

BTC Digital Ltd Formerly Meten Holding Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. Its operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.