BTC Free Cash Flow Per Share vs Interest Coverage Analysis
BTCTW Stock | 0.06 0.01 14.23% |
BTC Digital financial indicator trend analysis is way more than just evaluating BTC Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTC Digital is a good investment. Please check the relationship between BTC Digital Free Cash Flow Per Share and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.
Free Cash Flow Per Share vs Interest Coverage
Free Cash Flow Per Share vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Free Cash Flow Per Share account and Interest Coverage. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BTC Digital's Free Cash Flow Per Share and Interest Coverage is 0.8. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of BTC Digital, assuming nothing else is changed. The correlation between historical values of BTC Digital's Free Cash Flow Per Share 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 Free Cash Flow Per Share of BTC Digital 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 Free Cash Flow Per Share i.e., BTC Digital's Free Cash Flow Per Share and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Interest Coverage
Most indicators from BTC Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Digital 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 Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.At this time, BTC Digital's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 19.61 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
2021 | 2023 | 2024 (projected) | Cost Of Revenue | 483.7M | 10.2M | 9.7M | Research Development | 18.4M | 21.2M | 20.1M |
BTC Digital fundamental ratios Correlations
Click cells to compare fundamentals
BTC Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running BTC Digital's price analysis, check to measure BTC Digital'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 BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to predict the probability of BTC Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.