Hive Blockchain Technologies Stock Market Capitalization
HIVE Stock | CAD 5.74 0.10 1.77% |
HIVE Blockchain Technologies fundamentals help investors to digest information that contributes to HIVE Blockchain's financial success or failures. It also enables traders to predict the movement of HIVE Stock. The fundamental analysis module provides a way to measure HIVE Blockchain's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to HIVE Blockchain stock.
Last Reported | Projected for Next Year | ||
Market Cap | 301.5 M | 316.6 M |
HIVE | Market Capitalization |
HIVE Blockchain Technologies Company Market Capitalization Analysis
HIVE Blockchain's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current HIVE Blockchain Market Capitalization | 740.7 M |
Most of HIVE Blockchain's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, HIVE Blockchain Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
HIVE Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for HIVE Blockchain is extremely important. It helps to project a fair market value of HIVE Stock properly, considering its historical fundamentals such as Market Capitalization. Since HIVE Blockchain's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of HIVE Blockchain's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of HIVE Blockchain's interrelated accounts and indicators.
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In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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HIVE Long Term Debt To Capitalization
Long Term Debt To Capitalization |
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Based on the recorded statements, the market capitalization of HIVE Blockchain Technologies is about 740.7 M. This is 96.52% lower than that of the Capital Markets sector and 94.93% lower than that of the Financials industry. The market capitalization for all Canada stocks is 96.11% higher than that of the company.
HIVE Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HIVE Blockchain's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of HIVE Blockchain could also be used in its relative valuation, which is a method of valuing HIVE Blockchain by comparing valuation metrics of similar companies.HIVE Blockchain is currently under evaluation in market capitalization category among its peers.
HIVE Fundamentals
Return On Equity | -0.0736 | ||||
Return On Asset | -0.0847 | ||||
Profit Margin | (0.12) % | ||||
Operating Margin | (0.92) % | ||||
Current Valuation | 722.48 M | ||||
Shares Outstanding | 129.04 M | ||||
Shares Owned By Insiders | 0.45 % | ||||
Shares Owned By Institutions | 24.25 % | ||||
Number Of Shares Shorted | 1.04 M | ||||
Price To Earning | 41.57 X | ||||
Price To Book | 1.86 X | ||||
Price To Sales | 6.02 X | ||||
Revenue | 114.47 M | ||||
Gross Profit | 163.93 M | ||||
EBITDA | 12.68 M | ||||
Net Income | (51.2 M) | ||||
Cash And Equivalents | 1.3 M | ||||
Total Debt | 30.72 M | ||||
Debt To Equity | 0.13 % | ||||
Current Ratio | 2.91 X | ||||
Book Value Per Share | 2.36 X | ||||
Cash Flow From Operations | 13.53 M | ||||
Short Ratio | 1.21 X | ||||
Earnings Per Share | (0.18) X | ||||
Target Price | 9.36 | ||||
Number Of Employees | 20 | ||||
Beta | 4.24 | ||||
Market Capitalization | 740.7 M | ||||
Total Asset | 307.58 M | ||||
Retained Earnings | (347.87 M) | ||||
Working Capital | 157.87 M | ||||
Net Asset | 307.58 M |
About HIVE Blockchain Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HIVE Blockchain Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HIVE Blockchain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HIVE Blockchain Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for HIVE Stock Analysis
When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain's 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 HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.