BTC Total Current Assets vs Total Revenue Analysis

BTC Stock

0.07 0 3.13%

BTC Health financial indicator trend analysis is way more than just evaluating BTC Health Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTC Health Limited is a good investment. Please check the relationship between BTC Health Total Current Assets and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Health Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Health Limited Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between BTC Health's Total Current Assets and Total Revenue is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of BTC Health Limited, assuming nothing else is changed. The correlation between historical values of BTC Health's Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of BTC Health Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., BTC Health's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts BTC Health Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from BTC Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Health Limited 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 BTC Health Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 215.3 K in 2025. Issuance Of Capital Stock is likely to drop to about 759.1 K in 2025

	2022	2023	2024	2025 (projected)
Interest Income	9.6M	16.4K	18.8K	17.9K
Net Interest Income	13.3K	16.4K	14.7K	15.1K

Interest Income Net Interest Income

BTC Health fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Other Liab	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Assets	Other Stockholder Equity	Short Term Debt	Inventory	Net Tangible Assets	Long Term Investments
Total Assets		0.44	1.0	-0.93	0.93	0.93	0.92	-0.03	-0.13	0.44	0.93	-0.05	0.42	0.81	0.8	0.83	0.4	0.15	0.05	0.88	-0.06	-0.21	0.86	-0.02	0.21	0.2
Total Current Liabilities	0.44		0.39	-0.28	0.28	0.29	0.27	0.16	0.04	1.0	0.33	0.1	0.97	0.39	0.22	0.47	-0.14	0.9	0.88	0.26	0.17	-0.36	0.3	-0.17	0.35	0.33
Total Stockholder Equity	1.0	0.39		-0.93	0.93	0.93	0.93	-0.03	-0.13	0.4	0.93	-0.05	0.37	0.81	0.8	0.82	0.42	0.1	0.0	0.89	-0.07	-0.2	0.86	-0.01	0.2	0.19
Net Debt	-0.93	-0.28	-0.93		-0.99	-1.0	-0.99	0.23	0.25	-0.28	-0.99	0.23	-0.3	-0.86	-0.88	-0.58	-0.69	0.05	0.14	-0.99	0.2	-0.1	-0.94	-0.21	0.15	0.15
Accounts Payable	0.93	0.28	0.93	-0.99		0.99	0.99	-0.23	-0.28	0.28	0.99	-0.24	0.29	0.84	0.88	0.57	0.68	-0.05	-0.13	0.97	-0.24	0.13	0.93	0.23	-0.12	-0.15
Cash	0.93	0.29	0.93	-1.0	0.99		0.99	-0.23	-0.27	0.29	0.99	-0.23	0.3	0.86	0.88	0.58	0.68	-0.05	-0.13	0.99	-0.21	0.1	0.94	0.22	-0.14	-0.15
Cash And Short Term Investments	0.92	0.27	0.93	-0.99	0.99	0.99		-0.29	-0.31	0.27	1.0	-0.29	0.28	0.84	0.91	0.55	0.7	-0.07	-0.16	0.98	-0.26	0.13	0.97	0.27	-0.18	-0.19
Common Stock Total Equity	-0.03	0.16	-0.03	0.23	-0.23	-0.23	-0.29		0.81	0.15	-0.27	0.99	0.1	-0.08	-0.57	0.33	-0.45	0.25	0.21	-0.31	0.8	-0.55	-0.41	-0.9	0.62	0.64
Common Stock Shares Outstanding	-0.13	0.04	-0.13	0.25	-0.28	-0.27	-0.31	0.81		0.02	-0.3	0.85	0.06	-0.1	-0.58	0.19	-0.29	0.15	0.07	-0.3	0.95	-0.52	-0.4	-0.88	0.36	0.53
Total Liab	0.44	1.0	0.4	-0.28	0.28	0.29	0.27	0.15	0.02		0.33	0.08	0.97	0.39	0.23	0.47	-0.14	0.9	0.88	0.26	0.14	-0.36	0.31	-0.15	0.35	0.32
Total Current Assets	0.93	0.33	0.93	-0.99	0.99	0.99	1.0	-0.27	-0.3	0.33		-0.28	0.34	0.84	0.91	0.58	0.67	0.0	-0.09	0.98	-0.24	0.1	0.97	0.25	-0.15	-0.16
Common Stock	-0.05	0.1	-0.05	0.23	-0.24	-0.23	-0.29	0.99	0.85	0.08	-0.28		0.06	-0.08	-0.58	0.3	-0.4	0.19	0.13	-0.29	0.84	-0.52	-0.41	-0.9	0.54	0.61
Other Current Liab	0.42	0.97	0.37	-0.3	0.29	0.3	0.28	0.1	0.06	0.97	0.34	0.06		0.36	0.23	0.43	-0.07	0.9	0.84	0.3	0.22	-0.28	0.34	-0.15	0.23	0.27
Other Liab	0.81	0.39	0.81	-0.86	0.84	0.86	0.84	-0.08	-0.1	0.39	0.84	-0.08	0.36		0.68	0.53	0.54	-0.02	-0.03	0.81	-0.08	0.04	0.75	0.1	-0.03	-0.05
Retained Earnings	0.8	0.22	0.8	-0.88	0.88	0.88	0.91	-0.57	-0.58	0.23	0.91	-0.58	0.23	0.68		0.42	0.64	-0.07	-0.13	0.89	-0.54	0.22	0.94	0.56	-0.25	-0.27
Non Current Assets Total	0.83	0.47	0.82	-0.58	0.57	0.58	0.55	0.33	0.19	0.47	0.58	0.3	0.43	0.53	0.42		-0.13	0.34	0.23	0.52	0.28	-0.64	0.47	-0.42	0.65	0.7
Non Currrent Assets Other	0.4	-0.14	0.42	-0.69	0.68	0.68	0.7	-0.45	-0.29	-0.14	0.67	-0.4	-0.07	0.54	0.64	-0.13		-0.39	-0.45	0.71	-0.33	0.57	0.69	0.47	-0.73	-0.73
Net Receivables	0.15	0.9	0.1	0.05	-0.05	-0.05	-0.07	0.25	0.15	0.9	0.0	0.19	0.9	-0.02	-0.07	0.34	-0.39		0.96	-0.06	0.29	-0.48	0.01	-0.3	0.42	0.43
Non Current Liabilities Total	0.05	0.88	0.0	0.14	-0.13	-0.13	-0.16	0.21	0.07	0.88	-0.09	0.13	0.84	-0.03	-0.13	0.23	-0.45	0.96		-0.15	0.18	-0.4	-0.1	-0.21	0.43	0.39
Other Current Assets	0.88	0.26	0.89	-0.99	0.97	0.99	0.98	-0.31	-0.3	0.26	0.98	-0.29	0.3	0.81	0.89	0.52	0.71	-0.06	-0.15		-0.22	0.18	0.96	0.28	-0.25	-0.22
Other Assets	-0.06	0.17	-0.07	0.2	-0.24	-0.21	-0.26	0.8	0.95	0.14	-0.24	0.84	0.22	-0.08	-0.54	0.28	-0.33	0.29	0.18	-0.22		-0.55	-0.32	-0.89	0.36	0.58
Other Stockholder Equity	-0.21	-0.36	-0.2	-0.1	0.13	0.1	0.13	-0.55	-0.52	-0.36	0.1	-0.52	-0.28	0.04	0.22	-0.64	0.57	-0.48	-0.4	0.18	-0.55		0.16	0.69	-0.79	-0.84
Short Term Debt	0.86	0.3	0.86	-0.94	0.93	0.94	0.97	-0.41	-0.4	0.31	0.97	-0.41	0.34	0.75	0.94	0.47	0.69	0.01	-0.1	0.96	-0.32	0.16		0.36	-0.28	-0.26
Inventory	-0.02	-0.17	-0.01	-0.21	0.23	0.22	0.27	-0.9	-0.88	-0.15	0.25	-0.9	-0.15	0.1	0.56	-0.42	0.47	-0.3	-0.21	0.28	-0.89	0.69	0.36		-0.65	-0.74
Net Tangible Assets	0.21	0.35	0.2	0.15	-0.12	-0.14	-0.18	0.62	0.36	0.35	-0.15	0.54	0.23	-0.03	-0.25	0.65	-0.73	0.42	0.43	-0.25	0.36	-0.79	-0.28	-0.65		0.92
Long Term Investments	0.2	0.33	0.19	0.15	-0.15	-0.15	-0.19	0.64	0.53	0.32	-0.16	0.61	0.27	-0.05	-0.27	0.7	-0.73	0.43	0.39	-0.22	0.58	-0.84	-0.26	-0.74	0.92

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BTC Health Account Relationship Matchups

BTC Health fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.0M	13.0M	2.9M	5.1M	4.6M	4.4M
Total Current Liabilities	2.1M	155.6K	161.7K	203.9K	234.5K	222.8K
Total Stockholder Equity	10.8M	12.9M	2.8M	4.9M	4.5M	4.2M
Net Debt	(2.4M)	(2.2M)	(1.7M)	(2.0M)	(2.3M)	(2.4M)
Accounts Payable	40.0K	5.6K	10.9K	33.0K	29.7K	28.2K
Cash	2.4M	2.2M	1.7M	2.0M	1.8M	1.7M
Cash And Short Term Investments	2.4M	2.2M	1.7M	2.0M	1.8M	1.7M
Common Stock Shares Outstanding	245.7M	246.1M	281.8M	316.5M	363.9M	382.1M
Liabilities And Stockholders Equity	13.0M	13.0M	2.9M	5.1M	4.6M	4.4M
Total Liab	2.1M	155.6K	161.7K	203.9K	183.6K	174.4K
Total Current Assets	5.0M	2.2M	1.7M	2.0M	1.8M	1.7M
Other Current Liab	2.0M	45.5K	150.9K	171.0K	196.6K	374.8K
Retained Earnings	(42.6M)	(43.0M)	(53.2M)	(52.1M)	(46.9M)	(44.6M)
Non Current Assets Total	8.0M	10.8M	1.2M	3.1M	2.8M	2.7M
Non Currrent Assets Other	(8.0M)	(10.8M)	(1.2M)	197.8K	178.0K	169.1K
Net Receivables	120.7K	54.7K	2.6M	26.6K	30.6K	29.1K
Non Current Liabilities Total	2.1M	155.6K	161.7K	104.6K	120.3K	114.3K
Other Current Assets	930.0	575.0	4.8K	14.0K	12.6K	12.0K
Other Stockholder Equity	(11.0M)	(10.7M)	(12.7M)	(2.5M)	(2.2M)	(2.4M)
Accumulated Other Comprehensive Income	171.9K	200.9K	286.8K	508.6K	457.7K	434.8K
Short Term Debt	147.3K	2.1M	150.0K	150.9K	135.8K	129.0K
Net Tangible Assets	11.2M	10.8M	12.9M	2.8M	3.2M	3.0M
Long Term Investments	8.0M	10.8M	1.2M	2.9M	3.4M	4.3M
Current Deferred Revenue	219.8K	106.7K	106.6K	104.6K	94.1K	131.1K
Net Invested Capital	10.8M	12.9M	2.8M	4.9M	5.7M	8.4M
Cash And Equivalents	2.8M	2.4M	2.2M	1.7M	1.6M	2.1M
Net Working Capital	2.8M	2.0M	1.6M	1.8M	1.6M	2.0M

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