HIVE Net Working Capital from 2010 to 2024

HIVE Stock  USD 4.09  0.09  2.25%   
HIVE Blockchain's Net Working Capital is increasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 86.3 M. During the period from 2010 to 2024 HIVE Blockchain Net Working Capital annual values regression line had geometric mean of  45,211,021 and mean square error of 1674.9 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
157.9 M
Current Value
86.3 M
Quarterly Volatility
48.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HIVE Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HIVE Blockchain's main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.2 M, Interest Expense of 3.7 M or Selling General Administrative of 20.1 M, as well as many indicators such as Price To Sales Ratio of 4.44, Dividend Yield of 0.0 or PTB Ratio of 0.76. HIVE financial statements analysis is a perfect complement when working with HIVE Blockchain Valuation or Volatility modules.
  
Check out the analysis of HIVE Blockchain Correlation against competitors.

Latest HIVE Blockchain's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of HIVE Blockchain Technologies over the last few years. It is HIVE Blockchain's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HIVE Blockchain's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

HIVE Net Working Capital Regression Statistics

Arithmetic Mean60,130,675
Geometric Mean45,211,021
Coefficient Of Variation81.33
Mean Deviation36,794,900
Median38,051,306
Standard Deviation48,904,001
Sample Variance2391.6T
Range164.3M
R-Value0.59
Mean Square Error1674.9T
R-Squared0.35
Significance0.02
Slope6,466,659
Total Sum of Squares33482.4T

HIVE Net Working Capital History

202486.3 M
2023157.9 M
202260.6 M
2021174.1 M
202097.7 M
201911.1 M
20189.8 M

About HIVE Blockchain Financial Statements

HIVE Blockchain stakeholders use historical fundamental indicators, such as HIVE Blockchain's Net Working Capital, to determine how well the company is positioned to perform in the future. Although HIVE Blockchain investors may analyze each financial statement separately, they are all interrelated. For example, changes in HIVE Blockchain's assets and liabilities are reflected in the revenues and expenses on HIVE Blockchain's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in HIVE Blockchain Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital157.9 M86.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:
Check out the analysis of HIVE Blockchain Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HIVE Blockchain. If investors know HIVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.217
Earnings Share
(0.13)
Revenue Per Share
1.171
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.08)
The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.