BTC Digital (BTCT) Interest Coverage Ratio (2018 - 2024)
BTC Digital (BTCT) reported Interest Coverage Ratio of 14.16 for Q4 2024, up 95.88% on a YoY basis from 7.23 in Q1 2024, and up 94.77% quarter-over-quarter from 271.0 in Q3 2024.
BTC Digital (BTCT) Interest Coverage Ratio (2018 - 2024) Analysis & Trends
BTC Digital has reported Interest Coverage Ratio for 6 years, with the latest figure at 14.16 in Q4 2024.
- For the quarter ending Q4 2024, Interest Coverage Ratio rose 95.88% year-over-year to 14.16; the trailing twelve-month figure through Dec 2024 stood at 63.76 (up 15.19% YoY), and the FY2025 full-year result was 142.08, down 154.66% from the prior year.
- Interest Coverage Ratio for Q4 2024 stood at 14.16, up from 271.0 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 98.01 in Q1 2020, with the low at 344.0 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 41.75 across 4 years, with a median of 4.95 in 2023.
- Annual changes were most pronounced in 2020 — Interest Coverage Ratio surged 154.01% — and 2024, when it tumbled 1309.65%.
- BTC Digital's Interest Coverage Ratio stood at 123.08 in 2020, then surged by 139.66% to 48.82 in 2021, then tumbled by 804.61% to 344.0 in 2023, then surged by 95.88% to 14.16 in 2024.
- The last three Interest Coverage Ratio figures came in at 14.16 (Q4 2024), 271.0 (Q3 2024), and 69.78 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | - |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 685.17 |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | - |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 14.68 |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 31.32 |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 9.71 |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | - |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | - |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | - |
| 10 | BTC Digital | 8.88 Mn | 5.09 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -14.16 |
| Sep 30, 2024 | -271.00 |
| Jun 30, 2024 | -69.78 |
| Dec 31, 2023 | -344.00 |
| Sep 30, 2023 | -63.09 |
| Jun 30, 2023 | -4.95 |
| Jun 30, 2021 | 48.82 |
| Mar 31, 2021 | 7.86 |
| Dec 31, 2020 | -123.08 |
| Sep 30, 2020 | 32.97 |
| Aug 31, 2020 | 85.35 |
| Jun 30, 2020 | 74.31 |
| Mar 31, 2020 | 98.01 |
| Dec 31, 2019 | 44.65 |
| Sep 30, 2019 | -61.05 |
| Jun 30, 2019 | 126.88 |
| Mar 31, 2019 | 154.05 |
| Dec 31, 2018 | -6,460.75 |