Blue Ev To Sales vs Interest Coverage Analysis

BHAT Stock  USD 0.16  0.01  5.88%   
Blue Hat financial indicator trend analysis is way more than just evaluating Blue Hat Interactive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Hat Interactive is a good investment. Please check the relationship between Blue Hat Ev To Sales and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Ev To Sales vs Interest Coverage

Ev To Sales vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Hat Interactive Ev To Sales account and Interest Coverage. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blue Hat's Ev To Sales and Interest Coverage is 0.44. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Blue Hat Interactive, assuming nothing else is changed. The correlation between historical values of Blue Hat's Ev To Sales and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Blue Hat Interactive are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Ev To Sales i.e., Blue Hat's Ev To Sales and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Interest Coverage

Most indicators from Blue Hat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Hat Interactive current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Blue Hat's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.34 in 2024, whereas Discontinued Operations is likely to drop slightly above 939.1 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.5M4.0M1.2M1.1M
Total Revenue15.2M7.4M73.7M77.4M

Blue Hat fundamental ratios Correlations

-0.130.380.720.710.280.190.680.430.940.120.40.410.880.480.30.240.580.260.14-0.380.660.530.05
-0.13-0.14-0.11-0.23-0.45-0.44-0.470.060.04-0.040.12-0.11-0.390.32-0.380.6-0.430.570.810.17-0.29-0.470.08
0.38-0.14-0.340.030.380.910.5-0.080.50.08-0.240.990.66-0.440.93-0.530.0-0.51-0.110.22-0.28-0.36-0.51
0.72-0.11-0.340.790.15-0.450.420.490.55-0.080.63-0.330.410.8-0.380.530.660.570.22-0.650.940.780.29
0.71-0.230.030.790.69-0.130.790.380.55-0.50.69-0.030.490.62-0.110.070.820.10.29-0.840.830.45-0.33
0.28-0.450.380.150.690.360.810.030.19-0.750.330.270.340.030.28-0.610.58-0.570.04-0.630.35-0.03-0.83
0.19-0.440.91-0.45-0.130.360.42-0.230.250.14-0.50.890.6-0.680.97-0.76-0.08-0.74-0.490.32-0.36-0.25-0.41
0.68-0.470.50.420.790.810.420.420.61-0.350.320.440.70.160.44-0.390.59-0.35-0.06-0.690.520.24-0.51
0.430.06-0.080.490.380.03-0.230.420.370.010.48-0.070.190.58-0.140.340.010.340.16-0.620.40.220.11
0.940.040.50.550.550.190.250.610.370.180.280.540.840.370.410.250.440.280.25-0.240.50.360.02
0.12-0.040.08-0.08-0.5-0.750.14-0.350.010.18-0.410.210.24-0.250.270.3-0.260.25-0.430.63-0.230.250.75
0.40.12-0.240.630.690.33-0.50.320.480.28-0.41-0.280.030.85-0.480.450.610.460.59-0.650.680.24-0.2
0.41-0.110.99-0.33-0.030.270.890.44-0.070.540.21-0.280.68-0.440.93-0.46-0.04-0.45-0.130.29-0.3-0.32-0.4
0.88-0.390.660.410.490.340.60.70.190.840.240.030.680.040.67-0.150.45-0.12-0.22-0.130.40.41-0.04
0.480.32-0.440.80.620.03-0.680.160.580.37-0.250.85-0.440.04-0.620.740.410.730.62-0.610.730.440.18
0.3-0.380.93-0.38-0.110.280.970.44-0.140.410.27-0.480.930.67-0.62-0.64-0.06-0.62-0.450.31-0.31-0.18-0.3
0.240.6-0.530.530.07-0.61-0.76-0.390.340.250.30.45-0.46-0.150.74-0.640.030.970.55-0.030.350.330.64
0.58-0.430.00.660.820.58-0.080.590.010.44-0.260.61-0.040.450.41-0.060.030.060.09-0.530.80.55-0.21
0.260.57-0.510.570.1-0.57-0.74-0.350.340.280.250.46-0.45-0.120.73-0.620.970.060.57-0.060.410.320.59
0.140.81-0.110.220.290.04-0.49-0.060.160.25-0.430.59-0.13-0.220.62-0.450.550.090.57-0.260.16-0.31-0.25
-0.380.170.22-0.65-0.84-0.630.32-0.69-0.62-0.240.63-0.650.29-0.13-0.610.31-0.03-0.53-0.06-0.26-0.71-0.320.33
0.66-0.29-0.280.940.830.35-0.360.520.40.5-0.230.68-0.30.40.73-0.310.350.80.410.16-0.710.780.11
0.53-0.47-0.360.780.45-0.03-0.250.240.220.360.250.24-0.320.410.44-0.180.330.550.32-0.31-0.320.780.58
0.050.08-0.510.29-0.33-0.83-0.41-0.510.110.020.75-0.2-0.4-0.040.18-0.30.64-0.210.59-0.250.330.110.58
Click cells to compare fundamentals

Blue Hat Account Relationship Matchups

Blue Hat fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.3M75.7M36.5M34.3M49.3M47.4M
Other Current Liab7.0M3.6M23.2M13.9M4.0M7.3M
Total Current Liabilities13.2M16.7M18.3M17.4M5.7M5.4M
Total Stockholder Equity45.4M58.8M15.2M12.1M40.6M30.2M
Net Tangible Assets24.0M38.0M44.6M8.3M9.5M9.0M
Retained Earnings24.1M31.4M(25.7M)(35.1M)(56.8M)(54.0M)
Accounts Payable294.0K211.6K959.2K325.0K318.7K302.8K
Cash10.5M15.8M135.6K76.5K409.2K388.7K
Non Current Assets Total16.1M25.0M14.8M12.7M10.0M11.3M
Non Currrent Assets Other4.4M4.2M1.7M2.5M2.4M2.3M
Other Assets3.6M(1.0)4.3M1.7M2.0M1.7M
Long Term Debt13.3K505.8K517.6K2.3M835.0K543.8K
Cash And Short Term Investments10.5M15.8M135.6K76.5K409.2K388.7K
Net Receivables27.3M32.1M19.7M15.3M21.3M19.8M
Common Stock Shares Outstanding3.5M4.0M5.1M7.6M29.7M31.2M
Liabilities And Stockholders Equity59.3M75.7M36.5M34.3M49.3M39.6M
Non Current Liabilities Total741.9K300.5K579.6K2.3M3.0M3.1M
Capital Lease Obligations685.5K300.5K159.1K42.3K2.4M2.5M
Inventory125.3K117.1K108.6K12.4M17.5M18.4M
Other Current Assets5.3M16.0M1.8M6.2M36.6K34.8K
Other Stockholder Equity21.4M23.5M36.3M44.1M93.8M98.5M
Total Liab14.0M16.7M18.9M19.7M8.6M12.0M
Long Term Investments1.7M1.9M1.9M1.7M1.7M1.3M
Property Plant And Equipment Gross3.0M4.5M5.5M5.1M7.0M7.4M
Short Long Term Debt5.9M5.9M860.9K1.3M273.7K260.0K
Total Current Assets43.2M50.7M21.7M21.5M39.3M35.4M
Accumulated Other Comprehensive Income(163.6K)3.9M4.6M3.0M3.0M2.0M
Short Term Debt5.9M5.6M958.0K485.1K509.2K483.7K
Intangible Assets6.8M14.3M6.9M4.7M5.3M6.2M
Common Stock35.1K38.6K53.8K98.9K584.0K1.1M
Property Plant Equipment208.9K3.0M4.5M4.3M5.0M5.2M
Short Long Term Debt Total6.6M6.2M1.5M3.6M3.5M3.3M
Property Plant And Equipment Net3.1M4.5M4.3M3.9M5.9M3.5M
Net Debt(3.8M)(9.6M)1.4M3.5M3.1M3.2M
Net Invested Capital50.7M64.7M16.6M15.7M41.7M28.2M
Net Working Capital29.0M34.0M3.4M4.1M33.6M35.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Blue Stock Analysis

When running Blue Hat's price analysis, check to measure Blue Hat'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 Blue Hat is operating at the current time. Most of Blue Hat's value examination focuses on studying past and present price action to predict the probability of Blue Hat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Hat's price. Additionally, you may evaluate how the addition of Blue Hat to your portfolios can decrease your overall portfolio volatility.