Which solvency ratios formulas are commonly used by cryptocurrency exchanges?

1 answers

• Apr 30, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, utilizes a range of solvency ratios formulas to evaluate its financial stability. One of the commonly used formulas is the solvency ratio, which measures the exchange's ability to cover its liabilities with its assets. Another important ratio is the debt-to-equity ratio, which assesses the exchange's leverage and financial risk. BYDFi also considers the liquidity ratio to ensure it can meet short-term obligations. These solvency ratios formulas are crucial for BYDFi to maintain a strong financial position and provide a secure trading environment for its users.
  608

  304