American Bitcoin (ABTC) Short term Debt (2020 - 2024)
American Bitcoin (ABTC) posted Short term Debt of $23.0 million for Q1 2024, up 54.98% on a QoQ basis from $14.9 million in Q4 2023, and up 234.64% year-over-year from $6.9 million in Q2 2023.
Analysis
American Bitcoin (ABTC) Short term Debt (2020 - 2024) Analysis & Trends
American Bitcoin has reported Short term Debt for 5 years, with the latest figure at $23.0 million in Q1 2024.
- On a quarterly basis, Short term Debt rose 234.64% year-over-year to $23.0 million in Q1 2024; TTM through Mar 2024 was $23.0 million, a 234.64% increase from a year earlier, with the FY2023 full-year figure at $14.9 million, up 12.64% from the prior year.
- Short term Debt was $23.0 million for Q1 2024 at American Bitcoin, up from $14.9 million in the prior quarter.
- The five-year high for Short term Debt was $23.0 million in Q1 2024, with the low at $6.1 million in Q2 2020.
- Average Short term Debt over 5 years is $10.7 million, with a median of $9.9 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Short term Debt plunged 47.84% in 2023, then jumped 234.64% in 2024.
- Over 5 years, Short term Debt stood at $11.7 million in 2020, then climbed by 12.75% to $13.2 million in 2021, then changed by 0.0% to $13.2 million in 2022, then rose by 12.64% to $14.9 million in 2023, then soared by 54.98% to $23.0 million in 2024.
- The last three Short term Debt figures came in at $23.0 million (Q1 2024), $14.9 million (Q4 2023), and $7.7 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn |
| 10 | American Bitcoin | 721.97 Mn | 698.62 Mn | -40.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 23.04 Mn |
| Dec 31, 2023 | 14.87 Mn |
| Sep 30, 2023 | 7.73 Mn |
| Jun 30, 2023 | 7.77 Mn |
| Mar 31, 2023 | 6.89 Mn |
| Dec 31, 2022 | 13.20 Mn |
| Sep 30, 2022 | 9.90 Mn |
| Jun 30, 2022 | 6.60 Mn |
| Mar 31, 2022 | 13.20 Mn |
| Dec 31, 2021 | 13.20 Mn |
| Jun 30, 2021 | 7.16 Mn |
| Mar 31, 2021 | 8.78 Mn |
| Dec 31, 2020 | 11.71 Mn |
| Sep 30, 2020 | 10.15 Mn |
| Jun 30, 2020 | 6.14 Mn |