Abits Group Inc. cash flow to debt ratio of 62.83% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.

Abits Group Inc.'s free cash flow has decreased 328.57% from $-679.62K last year to $-2.91M, signaling decreasing performance

Abits Group Inc.'s debt to equity ratio is 0.23, which means that the company's assets are healthy financed, signaling financial stability.

Abits Group Inc. has insufficient data to evaluate this check.

Abits Group Inc. has a net debt to EBITDA ratio of 1.22x, which is below the 3.00x threshold, indicating healthy leverage and financial stability

Abits Group Inc.'s interest coverage ratio is -6.90, which means that the company struggles to meet interest obligations, signaling financial risk.

Abits Group Inc.'s profit margin has increased (-17.52%) in the last year from -13.88% to -11.45%, signaling increasing performance

Abits Group Inc.'s short-term liabilities of $3.31M exceed its short-term assets of $588.50K, signaling financial risk

Abits Group Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Abits Group Inc.'s return on equity of -6.50%, is lower than 15.00%, indicating bad performance

Abits Group Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Abits Group Inc. had positive net income in only 0 out of 5 years, indicating unstable earnings

Abits Group Inc. has negative free cash flow, indicating the company is burning cash rather than generating it

Abits Group Inc. has negative free cash flow, indicating cash burn

Abits Group Inc.'s yearly earnings has increased -31.09% since last year from $-931.71K to $-642.02K, signaling increasing performance

Abits Group Inc.'s yearly revenue has decreased 16.45% since last year from $6.71M to $5.61M, signaling decreasing performance

ROIC -10.37% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Abits Group Inc.'s 3-year revenue CAGR of 224.28% is positive, indicating growing revenue over the past 3 years

Abits Group Inc. had revenue growth in only 2 out of 5 years, indicating inconsistent revenue performance

Abits Group Inc. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

Abits Group Inc. has insufficient data to evaluate this check.

Abits Group Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Abits Group Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Abits Group Inc. has an EV/EBITDA ratio of 3.34x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

Abits Group Inc. is overvalued relative to its fair value price of -299.93 based on Earnings Fair Value model

Abits Group Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Abits Group Inc. has a price-to-book ratio of 0.31x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Abits Group Inc. has a price-to-sales ratio of 0.53x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue