BTC Digital Ltd. (BTCT) Financial Ratios
7 years of historical data (2018–2024) · Consumer Defensive · Education & Training Services
EV/EBITDA
↓
-2.24
↓-113% vs avg
5yr avg: 16.95
30Y Low1.2·High27.0
P/FCF
N/A
—
5yr avg: 13.78
30Y Low13.8·High54.2
P/B Ratio
↓
0.21
↓-89% vs avg
5yr avg: 1.93
30Y Low0.1·High5.9
ROE
↑
-6.7%
↓+97% vs avg
5yr avg: -249.6%
30Y Low-7%·High63%
Debt/EBITDA
↓
0.85
↓-85% vs avg
5yr avg: 5.76
30Y Low0.2·High17.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BTCT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BTC Digital Ltd. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $12M | $32M | $18M | $10M | $216M | $219M | $828M | $768M |
| Enterprise Value | $-2245951 | $18M | $18M | $16M | $149M | $475M | $1.3B | $593M |
| P/E Ratio → | -83.78 | — | — | 0.24 | — | — | — | 323.43 |
| P/S Ratio | 1.01 | 2.76 | 1.98 | 0.12 | 0.30 | 0.24 | 0.57 | 0.54 |
| P/B Ratio | 0.21 | 0.81 | 0.93 | 0.08 | 5.91 | — | — | — |
| P/FCF | — | — | 13.78 | — | — | — | — | 54.20 |
| P/OCF | 7.58 | 20.69 | 4.73 | — | — | — | — | 9.77 |
P/E links to full P/E history page with 30-year chart
BTCT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.56 | 1.99 | 0.19 | 0.20 | 0.53 | 0.87 | 0.42 |
| EV / EBITDA | -2.24 | 18.11 | 27.00 | 1.24 | 14.15 | 24.24 | — | 5.56 |
| EV / EBIT | — | — | — | 15.98 | — | — | — | 60.07 |
| EV / FCF | — | — | 13.84 | — | — | — | — | 41.86 |
BTCT Profitability
Margins and return-on-capital ratios measuring operating efficiency
BTC Digital Ltd. earns an operating margin of -22.9%, below the Consumer Defensive sector average of 1.1%. Operating margins have compressed from 8.9% to -22.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -6.7% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 1.0% | 1.0% | -12.5% | 14.9% | 33.6% | 32.3% | 47.8% | 55.9% |
| Operating Margin | -22.9% | -22.9% | -27.3% | 8.9% | -0.9% | -0.9% | -15.7% | 3.6% |
| Net Profit Margin | -17.0% | -17.0% | -31.1% | 65.0% | -52.7% | -45.8% | -15.2% | 4.0% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| ROE | -6.7% | -6.7% | -3.7% | 62.5% | -1050.7% | — | — | — |
| ROA | -6.1% | -6.1% | -2.4% | 9.7% | -38.7% | -32.1% | -17.8% | 5.7% |
| ROIC | -8.8% | -8.8% | -2.4% | 10.0% | — | -15.7% | -92.5% | — |
| ROCE | -9.0% | -9.0% | -3.3% | 4.8% | -14.0% | -13.9% | -286.7% | — |
BTCT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
BTC Digital Ltd. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (75% below the sector average of 3.4x). The company holds a net cash position — cash of $15M exceeds total debt of $853000, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.01 | 0.05 | 2.78 | — | — | — |
| Debt / EBITDA | 0.85 | 0.85 | 0.19 | 0.47 | 9.63 | 17.64 | — | — |
| Net Debt / Equity | — | -0.35 | 0.00 | 0.04 | -1.83 | — | — | — |
| Net Debt / EBITDA | -14.00 | -14.00 | 0.12 | 0.44 | -6.33 | 13.04 | — | -1.64 |
| Debt / FCF | — | — | 0.06 | — | — | — | — | -12.33 |
| Interest Coverage | -40.44 | -40.44 | -43.83 | 49.35 | -5.04 | — | -12.41 | 1233.95 |
Net cash position: cash ($15M) exceeds total debt ($853000)
BTCT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
BTC Digital Ltd.'s current ratio of 27.49x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.27x to 27.49x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 27.49 | 27.49 | 1.75 | 1.27 | 0.55 | 0.20 | 0.25 | 0.37 |
| Quick Ratio | 27.49 | 27.49 | 1.75 | 0.98 | 0.38 | 0.19 | 0.16 | 0.26 |
| Cash Ratio | 16.69 | 16.69 | 0.01 | 0.00 | 0.24 | 0.08 | 0.11 | 0.17 |
| Asset Turnover | — | 0.28 | 0.37 | 0.39 | 0.82 | 0.82 | 0.99 | 1.41 |
| Inventory Turnover | — | — | — | 3.11 | 3.99 | 65.60 | 6.98 | 5.77 |
| Days Sales Outstanding | — | 177.48 | 220.66 | 39.82 | 7.75 | 3.68 | 2.30 | 3.35 |
BTCT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BTC Digital Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 419.4% | — | — | — | 0.3% |
| FCF Yield | — | — | 7.3% | — | — | — | — | 1.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $7M | $4M | $3M | $2M | $274338 | $201633 | $195825 |
Peer Comparison
Compare BTCT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BTCTYou | $12M | -83.8 | -2.2 | — | 1.0% | -22.9% | -6.7% | -8.8% | 0.9 |
 MARA | $5B | -3.4 | — | — | -47.7% | -90.6% | -34.5% | -9.0% | — |
 RIOT | $9B | -12.4 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — |
 CLSK | $4B | 12.5 | 6.5 | — | 41.6% | 41.6% | 18.5% | 10.3% | 1.2 |
 CIFR | $8B | -9.6 | — | — | 28.4% | -150.7% | -108.3% | -11.7% | — |
 IREN | $19B | 145.8 | 97.1 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 |
 HUT | $11B | -47.3 | — | — | -614.6% | -2104.6% | -16.9% | -13.8% | — |
 BITF | $1B | -16.6 | 37.6 | — | -16.8% | -55.8% | -12.0% | -17.1% | 0.7 |
 CORZ | $7B | -25.4 | — | — | 11.9% | -45.4% | — | — | — |
 BTDR | $3B | -9.7 | 12.5 | — | 9.8% | 25.8% | 11.5% | 12.6% | 3.9 |
 WULF | $11B | -114.4 | — | — | 55.3% | -54.4% | -31.0% | -10.6% | — |
| Consumer Defensive Median | — | 19.4 | 11.3 | 15.0 | 40.1% | 1.1% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonBTCT — Frequently Asked Questions
Quick answers to the most common questions about buying BTCT stock.
What is BTC Digital Ltd.'s P/E ratio?
BTC Digital Ltd.'s current P/E ratio is -83.8x. The historical average is 0.2x.
What is BTC Digital Ltd.'s EV/EBITDA?
BTC Digital Ltd.'s current EV/EBITDA is -2.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.0x.
What is BTC Digital Ltd.'s ROE?
BTC Digital Ltd.'s return on equity (ROE) is -6.7%. The historical average is 17.4%.
Is BTCT stock overvalued?
Based on historical data, BTC Digital Ltd. is trading at a P/E of -83.8x. Compare with industry peers and growth rates for a complete picture.
What are BTC Digital Ltd.'s profit margins?
BTC Digital Ltd. has 1.0% gross margin and -22.9% operating margin.
How much debt does BTC Digital Ltd. have?
BTC Digital Ltd.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.