Abits Intangible Assets from 2010 to 2024

ABTS Stock   0.62  0.03  5.08%   
Abits Intangible Assets yearly trend continues to be comparatively stable with very little volatility. Intangible Assets will likely drop to about 1.1 M in 2024. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2010-12-31
Previous Quarter
1.2 M
Current Value
1.1 M
Quarterly Volatility
1.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abits financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abits' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 8.4 K or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 24.91, Dividend Yield of 0.0 or PTB Ratio of 4.09. Abits financial statements analysis is a perfect complement when working with Abits Valuation or Volatility modules.
  
Check out the analysis of Abits Correlation against competitors.

Latest Abits' Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Abits Group over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Abits' Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abits' overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Abits Intangible Assets Regression Statistics

Arithmetic Mean4,627,757
Geometric Mean4,213,726
Coefficient Of Variation32.52
Mean Deviation923,588
Median5,000,000
Standard Deviation1,504,924
Sample Variance2.3T
Range6M
R-Value(0.42)
Mean Square Error2T
R-Squared0.18
Significance0.12
Slope(140,911)
Total Sum of Squares31.7T

Abits Intangible Assets History

20241.1 M
20231.2 M
20227.1 M

About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Intangible Assets, to determine how well the company is positioned to perform in the future. Although Abits investors may analyze each financial statement separately, they are all interrelated. The changes in Abits' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abits' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Intangible Assets1.2 M1.1 M

Thematic Opportunities

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Additional Tools for Abits Stock Analysis

When running Abits' price analysis, check to measure Abits' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.