Bitcoin Well Inc (BTCW) - Total Assets
Based on the latest financial reports, Bitcoin Well Inc (BTCW) holds total assets worth CA$39.68 Million CAD (≈ $28.71 Million USD) as of September 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. Check Bitcoin Well Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Bitcoin Well Inc - Total Assets Trend (2019–2024)
This chart illustrates how Bitcoin Well Inc's total assets have evolved over time, based on quarterly financial data. Explore BTCW long-term investments to assets to see how much of total assets are deployed in long-term investments.
Bitcoin Well Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Bitcoin Well Inc's total assets of CA$39.68 Million consist of 97.9% current assets and 2.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.3% |
| Accounts Receivable | CA$73.24K | 0.3% |
| Inventory | CA$1.38 Million | 4.9% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$69.55K | 0.3% |
| Goodwill | CA$105.43K | 0.4% |
Asset Composition Trend (2019–2024)
This chart illustrates how Bitcoin Well 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. For live market cap, price, and company overview, see Bitcoin Well Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bitcoin Well Inc's current assets represent 97.9% of total assets in 2024, an increase from 60.9% in 2019.
- Cash Position: Cash and equivalents constituted 10.3% of total assets in 2024, down from 51.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 4.9% of total assets.
Bitcoin Well Inc Competitors by Total Assets
Key competitors of Bitcoin Well Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥1.12 Trillion |
|
China International Capital Corp Ltd
SHG:601995
|
China | CN¥764.94 Billion |
|
Western Securities Co Ltd
SHE:002673
|
China | CN¥110.58 Billion |
|
GF Securities Co. Ltd
F:9GF
|
Germany | €1.12 Trillion |
|
Bitfarms Ltd.
NASDAQ:KEEL
|
USA | $1.30 Billion |
|
HIVE Digital Technologies Ltd.
V:HIVE
|
Canada | CA$624.00 Million |
|
Yulie Sekurindo Tbk
JK:YULE
|
Indonesia | Rp590.32 Billion |
|
Hanyang Sec
KO:001750
|
Korea | ₩5.09 Trillion |
Bitcoin Well 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 | 1.64 | 1.16 | 0.77 |
| Quick Ratio | 1.57 | 1.10 | 0.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$15.34 Million | CA$2.30 Million | CA$-2.94 Million |
Bitcoin Well Inc - Advanced Valuation Insights
This section examines the relationship between Bitcoin Well 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 | 2.18 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | 88.0% |
| Total Assets | CA$28.02 Million |
| Market Capitalization | $12.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bitcoin Well Inc's assets below their book value (0.46x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Bitcoin Well Inc's assets grew by 88.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bitcoin Well Inc (2019–2024)
The table below shows the annual total assets of Bitcoin Well Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$28.02 Million ≈ $20.27 Million |
+88.01% |
| 2023-12-31 | CA$14.91 Million ≈ $10.78 Million |
+6.29% |
| 2022-12-31 | CA$14.02 Million ≈ $10.15 Million |
-40.47% |
| 2021-12-31 | CA$23.56 Million ≈ $17.04 Million |
+94.33% |
| 2020-12-31 | CA$12.12 Million ≈ $8.77 Million |
+434.70% |
| 2019-12-31 | CA$2.27 Million ≈ $1.64 Million |
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About Bitcoin Well Inc
Bitcoin Well Inc. provides bitcoin and other cryptocurrency services in Canada. It operates through two segments, Bitcoin Automated Teller Machines (ATMs) and Online. The company is involved in the facilitating the online purchase and sale of bitcoin; and owning and operating ATMs for bitcoin, related ATM equipment, and all associated services. It also offers an online portal for individuals to b… Read more