Stronghold Depreciation And Amortization from 2010 to 2024

SDIG Stock  USD 5.12  0.45  9.64%   
Stronghold Digital's Depreciation And Amortization is increasing over the last several years with slightly volatile swings. Depreciation And Amortization is predicted to flatten to about 20.7 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2010-12-31
Previous Quarter
35.5 M
Current Value
20.7 M
Quarterly Volatility
13.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stronghold Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stronghold Digital's main balance sheet or income statement drivers, such as Interest Expense of 5.3 M, Selling General Administrative of 19.1 M or Total Revenue of 41.6 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0012 or PTB Ratio of 0.82. Stronghold financial statements analysis is a perfect complement when working with Stronghold Digital Valuation or Volatility modules.
  
Check out the analysis of Stronghold Digital Correlation against competitors.

Latest Stronghold Digital's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Stronghold Digital Mining over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Stronghold Digital's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stronghold Digital's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Stronghold Depreciation And Amortization Regression Statistics

Arithmetic Mean9,548,831
Geometric Mean4,762,794
Coefficient Of Variation145.77
Mean Deviation9,973,813
Median3,161,603
Standard Deviation13,919,782
Sample Variance193.8T
Range46.7M
R-Value0.63
Mean Square Error126.4T
R-Squared0.39
Significance0.01
Slope1,954,214
Total Sum of Squares2712.6T

Stronghold Depreciation And Amortization History

202420.7 M
202335.5 M
202247.3 M
20217.6 M
2020558.6 K

About Stronghold Digital Financial Statements

Stronghold Digital stakeholders use historical fundamental indicators, such as Stronghold Digital's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Stronghold Digital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Stronghold Digital's assets and liabilities are reflected in the revenues and expenses on Stronghold Digital'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 Stronghold Digital Mining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization35.5 M20.7 M

Currently Active Assets on Macroaxis

When determining whether Stronghold Digital Mining is a strong investment it is important to analyze Stronghold Digital'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 Stronghold Digital's future performance. For an informed investment choice regarding Stronghold Stock, refer to the following important reports:
Check out the analysis of Stronghold Digital Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Application Software 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 Stronghold Digital. If investors know Stronghold 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 Stronghold Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
7.636
Quarterly Revenue Growth
0.048
Return On Assets
(0.16)
Return On Equity
(0.95)
The market value of Stronghold Digital Mining is measured differently than its book value, which is the value of Stronghold that is recorded on the company's balance sheet. Investors also form their own opinion of Stronghold Digital's value that differs from its market value or its book value, called intrinsic value, which is Stronghold Digital'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 Stronghold Digital's market value can be influenced by many factors that don't directly affect Stronghold Digital'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 Stronghold Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stronghold Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stronghold Digital'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.