BTC Digital Ltd. Working Capital to Net Assets Ratio
BTC Digital Ltd. working capital to net assets ratio. BTC Digital Ltd. (BTCT) has a Working Capital to Net Assets ratio of 55.7% as of September 2025. Working capital of $147.26 Million (current assets of $149.25 Million minus current liabilities of $1.98 Million) is measured against net assets of $264.35 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of BTC Digital Ltd. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of BTC Digital Ltd. (2018–2024)
Working capital to net assets ratio of BTC Digital Ltd. from 2018 to 2024. This chart shows how BTC Digital Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 55.7%, reflecting working capital of $147.26 Million against net assets of $264.35 Million USD. See BTCT days of operational coverage to measure how many days the company can operate on defensive assets alone.
BTC Digital Ltd. Working Capital to Net Assets Ratio by Year (2018–2024)
BTC Digital Ltd. working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for BTC Digital Ltd. from 2018 to 2024, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see BTC Digital Ltd. asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 59.3% | $23.66 Million | $39.92 Million | $24.55 Million | $893.00K | ▲ +39.5 pp |
| 2023 | 19.8% | $3.84 Million | $19.44 Million | $8.94 Million | $5.10 Million | ▲ +4.3 pp |
| 2022 | 15.5% | $20.63 Million | $132.97 Million | $96.94 Million | $76.31 Million | ▲ +904.4 pp |
| 2021 | -888.9% | $-325.11 Million | $36.58 Million | $389.74 Million | $714.85 Million | ▼ -1148.1 pp |
| 2020 | 259.2% | $-939.84 Million | $-362.54 Million | $232.82 Million | $1.17 Billion | ▼ -133.7 pp |
| 2019 | 392.9% | $-954.53 Million | $-242.94 Million | $317.66 Million | $1.27 Billion | ▼ -179.1 pp |
| 2018 | 572.0% | $-655.53 Million | $-114.60 Million | $383.75 Million | $1.04 Billion | — |