BitVentures (BVC) Debt Ratio (2020 - 2023)
BitVentures' (BVC) quarterly Debt Ratio came in at 0.02 in Q2 2023, down 25.06% year-over-year from 0.02 in Q2 2022, and down 25.06% quarter-over-quarter from 0.02 in Q2 2022.
Analysis
BitVentures (BVC) Debt Ratio (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Debt Ratio for 4 consecutive years, with 0.02 the latest figure, recorded in Q2 2023.
- On a quarterly basis, Debt Ratio fell 25.06% year-over-year to 0.02 in Q2 2023; TTM through Jun 2023 was 0.02, a 25.06% decrease from a year earlier, with the FY2023 full-year figure at 0.31, up 1306.74% from the prior year.
- Debt Ratio was 0.02 for Q2 2023 at BitVentures, down from 0.02 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.06 in Q2 2020 and troughed at 0.02 in Q2 2023.
- A 4-year average of 0.03 and a median of 0.02 in 2021 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio slumped 71.96% in 2021 and soared 32.09% in 2022, its largest moves.
- Over 4 years, Debt Ratio stood at 0.06 in 2020, then tumbled by 71.96% to 0.02 in 2021, then soared by 32.09% to 0.02 in 2022, then slipped by 25.06% to 0.02 in 2023.
- The last three Debt Ratio figures came in at 0.02 (Q2 2023), 0.02 (Q2 2022), and 0.02 (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 0.36 |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 0.28 |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 0.18 |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 0.21 |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 0.26 |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | 10.42 |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | - |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 0.30 |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 0.10 |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Jun 30, 2021 | 0.02 |
| Jun 30, 2020 | 0.06 |