Bakkt Holdings, Inc. cash flow to debt ratio of -27.19K% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

Bakkt Holdings, Inc.'s free cash flow has decreased 531.53% from $-24.29M last year to $-153.40M, signaling decreasing performance

Bakkt Holdings, Inc.'s debt to equity ratio is 0.00, which means that the company's assets are healthy financed, signaling financial stability.

Bakkt Holdings, Inc.'s debt has decreased relative to shareholder equity from 0.69 last year to 0.00 today, signaling strengthened financials

Bakkt Holdings, Inc. has a net cash position, so leverage is healthy.

Bakkt Holdings, Inc.'s interest coverage ratio is -229.68, which means that the company struggles to meet interest obligations, signaling financial risk.

Bakkt Holdings, Inc.'s profit margin has decreased (145.35%) in the last year from -1.34% to -3.28%, signaling decreasing performance

Bakkt Holdings, Inc.'s short-term assets of $72.20M exceed its short-term liabilities of $33.03M

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

Bakkt Holdings, Inc.'s return on equity of -16.48%, is lower than 15.00%, indicating bad performance

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

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

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

Bakkt Holdings, Inc. has negative free cash flow, indicating cash burn

Bakkt Holdings, Inc.'s yearly earnings has decreased 129.78% since last year from $-46.66M to $-107.21M, signaling decreasing performance

Bakkt Holdings, Inc.'s yearly revenue has decreased 33.09% since last year from $3.49B to $2.34B, signaling decreasing performance

ROIC -33.45% (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.

Bakkt Holdings, Inc.'s 3-year revenue CAGR of 246.31% is positive, indicating growing revenue over the past 3 years

Bakkt Holdings, Inc. had revenue growth in 4 out of 5 years, indicating consistent revenue performance

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

Bakkt Holdings, Inc. has insufficient data to evaluate this check.

Bakkt Holdings, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Bakkt Holdings, Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Bakkt Holdings, Inc. has negative or missing EBITDA, making EV/EBITDA ratio unreliable

Bakkt Holdings, Inc. has insufficient data to evaluate this check.

Bakkt Holdings, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Bakkt Holdings, Inc. has a price-to-book ratio of 0.24x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Bakkt Holdings, Inc. has a price-to-sales ratio of 0.09x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue