Bit Origin annual debt-to-equity ratio
2018
2019
2020
2023
2024
Bit Origin Debt-to-Equity Ratio Growth & History (BTOG)
Bit Origin's debt-to-equity ratio was 3.11 for fiscal 2024.
View full Bit Origin company overviewBit Origin annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-06-30 | 3.11 | 2.90 | +1435.31% |
| 2023 | 2023-06-30 | 0.20 | — | — |
| 2020 | 2020-06-30 | 0.40 | 0.15 | +57.77% |
| 2019 | 2019-06-30 | 0.25 | −0.10 | −27.64% |
| 2018 | 2018-06-30 | 0.35 | — | — |
Bit Origin quarterly debt-to-equity ratio
Q4.18
Q4.19
Q4.20
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2020 | 2020-06-30 | 0.40 | 0.15 | +57.77% |
| Q4 2019 | 2019-06-30 | 0.25 | −0.10 | −27.64% |
| Q4 2018 | 2018-06-30 | 0.35 | — | — |
Bit Origin debt-to-equity ratio trends
Over the last five fiscal years, Bit Origin's debt-to-equity ratio increased from 0.25 to 3.11, a change of 2.85. The latest reported quarter, Q4 2020, shows 0.40.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bit Origin source filings ↗