BTCM
Price:
$1.513
Market Cap:
$18.53M
BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates through Data Center and Cryptocurrency Mining segments. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines. In addition, it engages in online gaming activities; and provision of technology services. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is based in Akron, Ohio.
Industry
Information Technology Services
IPO Date
2013-11-22
Stock Exchange
NYSE
Ticker
BTCM
According to BIT Mining Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.99. This represents a change of -31.98% compared to the average of 1.46 of the last 4 quarters.
The mean historical Current Ratio of BIT Mining Limited over the last ten years is 4.43. The current 0.99 Current Ratio has changed 2.13% with respect to the historical average. Over the past ten years (40 quarters), BTCM's Current Ratio was at its highest in in the June 2016 quarter at 21.30. The Current Ratio was at its lowest in in the December 2023 quarter at 0.75.
Average
4.43
Median
4.50
Minimum
0.75
Maximum
10.85
Discovering the peaks and valleys of BIT Mining Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 126.13%
Maximum Annual Current Ratio = 10.85
Minimum Annual Increase = -75.40%
Minimum Annual Current Ratio = 0.75
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.70 | 126.13% |
| 2023 | 0.75 | -32.38% |
| 2022 | 1.11 | -0.68% |
| 2021 | 1.12 | -75.40% |
| 2020 | 4.56 | -18.20% |
| 2019 | 5.58 | -7.98% |
| 2018 | 6.06 | 36.63% |
| 2017 | 4.44 | -45.57% |
| 2016 | 8.15 | -24.88% |
| 2015 | 10.85 | 36.32% |
The current Current Ratio of BIT Mining Limited (BTCM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.19
5-year avg
1.85
10-year avg
4.43
BIT Mining Limited’s Current Ratio is less than Renren Inc. (1.56), greater than Fathom Digital Manufacturing Corporation (0.22), greater than MariaDB plc (0.42), less than EMCORE Corporation (2.83), greater than Ebix, Inc. (0.46), less than Autoscope Technologies Corporation (22.24), greater than NextTrip, Inc. (0.70), less than BSQUARE Corporation (7.01), greater than ACCESS Newswire Inc. (0.80), less than TSR, Inc. (3.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.56 | $30.90M | |
| 0.22 | $34.68M | |
| 0.42 | $37.95M | |
| 2.83 | $28.11M | |
| 0.46 | $35.85M | |
| 22.24 | $34.20M | |
| 0.70 | $31.11M | |
| 7.01 | $37.56M | |
| 0.80 | $32.65M | |
| 3.01 | $29.03M |
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