Bit Origin (Bit Origin) Debt-to-Asset : 0.32 (As of Dec. 2023)

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What is Bit Origin Debt-to-Asset?

Bit Origin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.39 Mil. Bit Origin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.88 Mil. Bit Origin's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $13.47 Mil. Bit Origin's debt to asset for the quarter that ended in Dec. 2023 was 0.32.

Bit Origin Debt-to-Asset Historical Data

The historical data trend for Bit Origin's Debt-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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Bit Origin Debt-to-Asset Chart

Bit Origin Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

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0.21

0.10

0.03

0.16

Bit Origin Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial											0.07	-	0.07	0.16	0.32

Competitive Comparison of Bit Origin's Debt-to-Asset

For the Capital Markets subindustry, Bit Origin's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Bit Origin's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Origin's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Bit Origin's Debt-to-Asset falls into.

Bit Origin Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bit Origin's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.589	+	0.486)	/	13.336
	=	0.16

Bit Origin's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.394	+	2.878)	/	13.465
	=	0.32

Bit Origin (NAS:BTOG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Bit Origin Debt-to-Asset Related Terms

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Bit Origin (Bit Origin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bit Origin Ltd (NAS:BTOG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Church Street, 27 Floor, Samsung Hub, Singapore, SGP, 049483

Website

https://bitorigin.io

Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions.