BTC Digital (BTCT) Interest Coverage Ratio (2018 - 2024)
BTC Digital's (BTCT) quarterly Interest Coverage Ratio came in at 55.79 in Q4 2024, up 41.67% on a YoY basis from 39.38 in Q1 2024, and up 120.59% quarter-over-quarter from 271.0 in Q3 2024.
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Analysis
BTC Digital (BTCT) Interest Coverage Ratio (2018 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Interest Coverage Ratio for 6 consecutive years, with 55.79 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Interest Coverage Ratio rose 41.67% year-over-year to 55.79; the trailing twelve-month figure through Dec 2024 stood at 49.17 (down 40.18% YoY), and the FY2025 full-year result was 142.08, up 154.66% from the prior year.
- Interest Coverage Ratio advanced to 55.79 in Q4 2024 per BTCT's latest filing, from 271.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 97.75 in Q1 2020 and bottomed at 271.0 in Q3 2024.
- Historically, Interest Coverage Ratio has averaged 7.12 across 4 years, with a median of 42.23 in 2021.
- The widest YoY moves for Interest Coverage Ratio: up 41.67% in 2024, down 1309.65% in 2024.
- Over 4 years, Interest Coverage Ratio stood at 123.08 in 2020, then surged by 139.67% to 48.83 in 2021, then dropped by 19.36% to 39.38 in 2023, then surged by 41.67% to 55.79 in 2024.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 55.79, 271.0, and 69.78 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | -25.36 |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | -4.03 |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | -89.11 |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | -83.18 |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | -113.92 |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | -3.13 |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | -66.59 |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 55.79 |
| Sep 30, 2024 | -271.00 |
| Jun 30, 2024 | -69.78 |
| Dec 31, 2023 | 39.38 |
| Sep 30, 2023 | -63.09 |
| Jun 30, 2023 | -4.95 |
| Jun 30, 2021 | 48.83 |
| Mar 31, 2021 | 45.08 |
| Dec 31, 2020 | -123.08 |
| Aug 31, 2020 | 85.35 |
| Jun 30, 2020 | 74.31 |
| Mar 31, 2020 | 97.75 |
| Dec 31, 2019 | 174.20 |
| Sep 30, 2019 | -61.05 |
| Jun 30, 2019 | 126.88 |
| Mar 31, 2019 | 154.05 |
| Dec 31, 2018 | 10,445.00 |
API Access
BTC Digital Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "BTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();