Abits Other Operating Expenses from 2010 to 2024

ABTS Stock   0.62  0.03  5.08%   
Abits Other Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Other Operating Expenses will likely drop to about 8.5 M in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2010-12-31
Previous Quarter
12.7 M
Current Value
8.5 M
Quarterly Volatility
5.9 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' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Abits Group over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Abits Group. It is also known as Abits overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Abits' Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Abits Other Operating Expenses Regression Statistics

Arithmetic Mean3,677,051
Geometric Mean1,666,858
Coefficient Of Variation160.95
Mean Deviation4,155,246
Median900,105
Standard Deviation5,918,314
Sample Variance35T
Range20.1M
R-Value0.63
Mean Square Error22.8T
R-Squared0.40
Significance0.01
Slope832,514
Total Sum of Squares490.4T

Abits Other Operating Expenses History

20248.5 M
202312.7 M
202221 M
20213.1 M
2020873.8 K

About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Other Operating Expenses, 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
Other Operating Expenses12.7 M8.5 M

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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.