Bullet Blockchain Inc
Bitcoin Bancorp operates as a blockchain technology company that secures the bitcoin blockchain ledger. The company was formerly known as Bullet Blockchain, Inc. and changed its name to Bitcoin Bancorp in August 2025. The company is based in New York, New York. Bullet Blockchain, Inc. operates as a subsidiary of BOTS, Inc.
Bullet Blockchain Inc (BULT) - Total Assets
Latest total assets as of June 2025: $16.99 Million USD
Based on the latest financial reports, Bullet Blockchain Inc (BULT) holds total assets worth $16.99 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bullet Blockchain Inc - Total Assets Trend (2000–2008)
This chart illustrates how Bullet Blockchain Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bullet Blockchain Inc - Asset Composition Analysis
Current Asset Composition (December 2008)
Bullet Blockchain Inc's total assets of $16.99 Million consist of 10.9% current assets and 89.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.6% |
| Accounts Receivable | $166.00 | 0.1% |
| Inventory | $2.21K | 0.9% |
| Property, Plant & Equipment | $216.16K | 89.1% |
| Intangible Assets | $25.02K | 10.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2008)
This chart illustrates how Bullet Blockchain Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bullet Blockchain Inc's current assets represent 10.9% of total assets in 2008, a decrease from 100.0% in 2000.
- Cash Position: Cash and equivalents constituted 5.6% of total assets in 2008, up from 2.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 89.1% of total assets.
Bullet Blockchain Inc Competitors by Total Assets
Key competitors of Bullet Blockchain Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Bullet Blockchain Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bullet Blockchain Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bullet Blockchain Inc is currently not profitable relative to its asset base.
Bullet Blockchain Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.02 | 0.28 |
| Quick Ratio | 0.08 | 0.02 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.51 Million | $ -172.88K | $ -236.12K |
Bullet Blockchain Inc - Advanced Valuation Insights
This section examines the relationship between Bullet Blockchain Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 16.50 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -10.1% |
| Total Assets | $242.59K |
| Market Capitalization | $467.40 USD |
Valuation Analysis
Below Book Valuation: The market values Bullet Blockchain Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bullet Blockchain Inc's assets decreased by 10.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bullet Blockchain Inc (2000–2008)
The table below shows the annual total assets of Bullet Blockchain Inc from 2000 to 2008.
| Year | Total Assets | Change |
|---|---|---|
| 2008-12-31 | $242.59K | -10.06% |
| 2007-12-31 | $269.74K | +15.65% |
| 2006-12-31 | $233.24K | +741.51% |
| 2005-12-31 | $27.72K | -17.97% |
| 2004-12-31 | $33.79K | -61.35% |
| 2003-12-31 | $87.42K | +147.40% |
| 2002-12-31 | $35.34K | +986.29% |
| 2001-12-31 | $3.25K | -67.52% |
| 2000-12-31 | $10.01K | -- |