Bitdeer Technologies (BTDR) Interest Coverage Ratio (2022 - 2026)
Bitdeer Technologies' (BTDR) quarterly Interest Coverage Ratio came in at 3.13 in Q2 2026, up 1133.61% on a YoY basis from 0.25 in Q2 2025, and up 204.4% quarter-over-quarter from 3.0 in Q4 2025.
Analysis
Bitdeer Technologies (BTDR) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Bitdeer Technologies (BTDR) has reported Interest Coverage Ratio for 5 consecutive years, with 3.13 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 1133.61% year-over-year to 3.13; the trailing twelve-month figure through Jun 2026 stood at 2.9 (down 92.59% YoY), and the FY2025 full-year result was 2.48, down 101.66% from the prior year.
- Interest Coverage Ratio advanced to 3.13 in Q2 2026 per BTDR's latest filing, from 3.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 131.76 in Q3 2023 and bottomed at 14.05 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 21.95 across 5 years, with a median of 3.13 in 2026.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio jumped 3445.13% in 2023, then tumbled 998.31% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 1.62 in 2022, then sank by 345.09% to 3.98 in 2023, then soared by 1208.4% to 44.1 in 2024, then plunged by 106.81% to 3.0 in 2025, then jumped by 204.4% to 3.13 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.13, 3.0, and 7.87 for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn | - |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn | -25.36 |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn | -4.03 |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn | -89.11 |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - | -83.18 |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - | -113.92 |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn | 3.13 |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn | -66.59 |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn | -36.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 |
| Dec 31, 2025 | -3.00 |
| Sep 30, 2025 | 7.87 |
| Jun 30, 2025 | -0.30 |
| Mar 31, 2025 | -9.05 |
| Dec 31, 2024 | 44.10 |
| Sep 30, 2024 | 66.49 |
| Jun 30, 2024 | -14.05 |
| Mar 31, 2024 | -0.82 |
| Dec 31, 2023 | -3.98 |
| Sep 30, 2023 | 131.76 |
| Jun 30, 2023 | 57.55 |
| Mar 31, 2023 | 44.00 |
| Jun 30, 2022 | 1.62 |
| Mar 31, 2022 | 3.97 |