Bit Digital Company Insiders
| BTBT Stock | USD 2.72 0.08 3.03% |
Bit Digital employs about 24 people. The company is managed by 5 executives with a total tenure of roughly 56 years, averaging almost 11.0 years of service per executive, having 4.8 employees per reported executive. Breaking down Bit Digital's management performance can provide insight into the firm performance.
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Bit Digital Management Team Effectiveness
The company has return on total asset (ROA) of (0.0643) % which means that it has lost $0.0643 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2184 %, meaning that it created $0.2184 on every $100 dollars invested by stockholders. Bit Digital's management efficiency ratios could be used to measure how well Bit Digital manages its routine affairs as well as how well it operates its assets and liabilities.Bit Digital Workforce Comparison
Bit Digital is rated fourth in number of employees category among related companies. The total workforce of Information Technology industry is currently estimated at about 1,165. Bit Digital holds roughly 24.0 in number of employees claiming about 2.06% of equities under Information Technology industry.
The company has Profit Margin (PM) of 0.57 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04. Bit Digital Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Bit Digital Price Series Summation is a cross summation of Bit Digital price series and its benchmark/peer.
Bit Digital Notable Stakeholders
A Bit Digital stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Bit Digital often face trade-offs trying to please all of them. Bit Digital's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Bit Digital's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Jiashu Xiong | Executive Director | Profile | |
| Erke Huang | CFO Director | Profile | |
| William CFA | Head Relations | Profile | |
| Samir Tabar | Chief Officer | Profile | |
| Bryan Bullett | Chief Officer | Profile |
About Bit Digital Management Performance
The success or failure of an entity such as Bit Digital often depends on how effective the management is. Bit Digital management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Bit management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Bit management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York. Bit Digital operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.
The data published in Bit Digital's official financial statements usually reflect Bit Digital's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Bit Digital. For example, before you start analyzing numbers published by Bit accountants, it's critical to develop an understanding of what Bit Digital's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Bit Digital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bit Digital's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Bit Digital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bit Digital. Please utilize our Beneish M Score to check the likelihood of Bit Digital's management manipulating its earnings.
Bit Digital Workforce Analysis
Traditionally, organizations such as Bit Digital use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Bit Digital within its industry.Bit Digital Manpower Efficiency
Return on Bit Digital Manpower
| Revenue Per Employee | 1.9M | |
| Revenue Per Executive | 9M | |
| Net Loss Per Employee | 578.9K | |
| Net Loss Per Executive | 2.8M | |
| Working Capital Per Employee | 2.3M | |
| Working Capital Per Executive | 11.3M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.Note that the Bit Digital information on this page should be used as a complementary analysis to other Bit Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Bit Stock analysis
When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.
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Is Bit Digital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bit Digital. If investors know Bit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bit Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bit Digital is measured differently than its book value, which is the value of Bit that is recorded on the company's balance sheet. Investors also form their own opinion of Bit Digital's value that differs from its market value or its book value, called intrinsic value, which is Bit Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bit Digital's market value can be influenced by many factors that don't directly affect Bit Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bit Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.