Abits Group (Abits Group) FCF Yield % : 6.76 (As of May. 14, 2024)

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What is Abits Group FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Abits Group's Trailing 12-Month Free Cash Flow is $1.76 Mil, and Market Cap is $25.96 Mil. Therefore, Abits Group's FCF Yield % for today is 6.76%.

The historical rank and industry rank for Abits Group's FCF Yield % or its related term are showing as below:

ABTS' s FCF Yield % Range Over the Past 10 Years
Min: -198.22 Med: -12.9 Max: 6.83
Current: 6.76

During the past 5 years, the highest FCF Yield % of Abits Group was 6.83%. The lowest was -198.22%. And the median was -12.90%.

ABTS's FCF Yield % is ranked better than
75.62% of 800 companies
in the Capital Markets industry
Industry Median: -0.09 vs ABTS: 6.76

Abits Group's FCF Margin % for the quarter that ended in Dec. 2023 was 165.29%.

Abits Group FCF Yield % Historical Data

The historical data trend for Abits Group's FCF Yield % 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.

Abits Group FCF Yield % Chart

Abits Group Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

FCF Yield %

-1.97

-249.48

-18.49

Abits Group Semi-Annual Data
	Sep19	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial			-15.87	-204.17	361.31	-6.33	13.65

Competitive Comparison of Abits Group's FCF Yield %

For the Capital Markets subindustry, Abits Group's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.

Abits Group's FCF Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Abits Group's FCF Yield % falls into.

Abits Group FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Abits Group's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-7.495	/	40.53591347
	=	-18.49%

Abits Group's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	2.767	*	2	/	40.53591347
	=	13.65%

Abits Group FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Abits Group FCF Yield % Related Terms

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Abits Group (Abits Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abits Group Inc (NAS:ABTS) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Canton Road, Unit 911, Tower 2, Silvercord, Tsimshatsui, Hong Kong SAR, CHN

Website

https://www.moxianglobal.com

Abits Group Inc Formerly Moxian (BVI) Inc operates in the bitcoin mining industry. The company is engaged digital asset mining pools by executing contracts with mining pool operators to provide computing power to the mining pool. The Company provides computing power to the mining pool operator and is created as power is provided over time.

Executives

Deng Conglin

director

ROOM BC, 9TH FLOOR, FU HUA BUILDING, NO. 8 BEI DA STREET, CHAO YANG DISTRICT, BEIJING F4 100000