BTC Digital (BTCT) Interest Coverage Ratio (2023 - 2024)
BTC Digital (BTCT) posted Interest Coverage Ratio of 14.16 for Q4 2024, up 94.77% quarter-over-quarter from 271.0 in Q3 2024, and up 95.88% year-on-year from 7.23 in Q1 2024.
BTC Digital (BTCT) Interest Coverage Ratio (2023 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Interest Coverage Ratio for 6 consecutive years, with 14.16 the latest figure, recorded in Q4 2024.
- Interest Coverage Ratio for Q4 2024 came in at 14.16, up 95.88% year-over-year; the trailing twelve-month figure through Dec 2024 was 63.76 (up 15.19% YoY), and the FY2025 annual result was 142.08, down 154.66% from the prior year.
- Interest Coverage Ratio was 14.16 for Q4 2024 at BTC Digital, up from 271.0 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 98.01 in Q1 2020 and troughed at 344.0 in Q4 2023.
- Average Interest Coverage Ratio over 4 years is 41.75, with a median of 4.95 recorded in 2023.
- Year-over-year, Interest Coverage Ratio jumped 154.01% in 2020 and sank 1309.65% in 2024.
- Over 4 years, Interest Coverage Ratio stood at 123.08 in 2020, then soared by 139.63% to 48.78 in 2021, then tumbled by 805.16% to 344.0 in 2023, then surged by 95.88% to 14.16 in 2024.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 14.16 in Q4 2024, 271.0 in Q3 2024, and 69.78 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 685.17 |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | - |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | - |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 31.32 |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 14.68 |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | - |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | - |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 9.71 |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | - |
| 10 | BTC Digital | 7.81 Mn | 4.02 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 |