ABTCAmerican Bitcoin Corp

$0.71-83% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 28 out of 100, Weak

Weak. American Bitcoin Corp scores higher than 24% of the 1,794 companies Ryufin scores.

Carried by return on new capital, held back by valuation and capital allocation.

Financial Services median 58 · all companies 50

Valuation

26% of the score, 30% here after data gaps

0median 13

An operating loss over the last year: there are no earnings to price.

Return on capital

18% of the score, 20% here after data gaps

32median 34

Over 6 years the business earned 6.3% a year after tax on the capital it uses.

2%
8%
15%
25%
6.3%
None at 2% or less, full points from 25%full points
Return on capital by year
6 years agolatest -21%

Return on new capital

16% of the score, 18% here after data gaps

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 97 cents. New capital earned 12%, and 822% of profit went back into the business.

-5%
12%
97%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 16% here after data gaps

0median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 688.7% a year over 5 years: new shares
0
5%
-3%
689%
0 pointsfull points
Assets against salesAssets grew 84% a year, sales 71%
0
12%
-2%
13%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Margins have been too thin to measure a cycle against.

Balance sheet

8% of the score, 9% here after data gaps

0median 50

What the debt weighs against the profit that has to carry it.

Interest coverOperating profit covers interest -65x
0
1.5x
12x
-65.3x
0 pointsfull points

Earnings quality

6% of the score, 7% here after data gaps

46median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was -0.60x profit over 3 years
0
0.7x
1x
1.3x
-0.6x
0 pointsfull points
AccrualsCash ran ahead of profit by 6.3% of assets
91
8%
0%
-8%
-6.3%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For ABTC, cycle position could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there.