BTC Income Quality vs Book Value Per Share Analysis

BTCTW Stock

0.07 0.01 16.62%

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 Income Quality and its Book Value Per Share 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.

Income Quality vs Book Value Per Share

Income Quality vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Income Quality account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BTC Digital's Income Quality and Book Value Per Share is -0.22. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Book Value Per Share 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 Income Quality and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of BTC Digital are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Income Quality i.e., BTC Digital's Income Quality and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

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Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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

Cost Of Revenue Research Development

BTC Digital fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Short Long Term Debt Total	Other Current Liab
Total Assets		0.99	-0.87	0.98	0.06	0.89	0.92	0.99	-0.78	0.52	-0.79	0.47	0.98	-0.75	-0.03	0.99	-0.93	0.85	0.89	0.92	0.91	0.72	-0.91	-0.81	0.96	0.94
Total Current Liabilities	0.99		-0.92	0.97	0.06	0.83	0.9	0.99	-0.71	0.46	-0.72	0.39	0.98	-0.81	-0.02	1.0	-0.91	0.81	0.85	0.89	0.89	0.67	-0.87	-0.75	0.98	0.96
Total Stockholder Equity	-0.87	-0.92		-0.89	-0.27	-0.55	-0.69	-0.9	0.55	-0.13	0.55	-0.25	-0.9	0.9	0.18	-0.92	0.81	-0.73	-0.75	-0.79	-0.65	-0.57	0.77	0.59	-0.96	-0.96
Property Plant And Equipment Net	0.98	0.97	-0.89		0.21	0.83	0.82	0.99	-0.84	0.35	-0.85	0.57	1.0	-0.78	-0.25	0.98	-0.98	0.93	0.95	0.97	0.8	0.81	-0.96	-0.87	0.98	0.97
Retained Earnings	0.06	0.06	-0.27	0.21		-0.04	-0.11	0.14	-0.39	-0.4	-0.37	0.57	0.22	-0.15	-0.71	0.11	-0.34	0.44	0.38	0.35	-0.25	0.54	-0.36	-0.38	0.19	0.23
Accounts Payable	0.89	0.83	-0.55	0.83	-0.04		0.94	0.85	-0.84	0.78	-0.85	0.62	0.84	-0.42	0.11	0.83	-0.84	0.79	0.83	0.84	0.93	0.73	-0.84	-0.85	0.73	0.68
Cash	0.92	0.9	-0.69	0.82	-0.11	0.94		0.88	-0.67	0.8	-0.68	0.37	0.85	-0.56	0.3	0.89	-0.78	0.68	0.73	0.76	0.99	0.57	-0.76	-0.69	0.79	0.74
Non Current Assets Total	0.99	0.99	-0.9	0.99	0.14	0.85	0.88		-0.8	0.42	-0.8	0.5	1.0	-0.79	-0.13	1.0	-0.95	0.88	0.91	0.94	0.86	0.75	-0.93	-0.83	0.98	0.97
Non Currrent Assets Other	-0.78	-0.71	0.55	-0.84	-0.39	-0.84	-0.67	-0.8		-0.36	1.0	-0.9	-0.83	0.44	0.43	-0.75	0.93	-0.96	-0.96	-0.94	-0.63	-0.96	0.95	1.0	-0.71	-0.71
Net Receivables	0.52	0.46	-0.13	0.35	-0.4	0.78	0.8	0.42	-0.36		-0.37	0.18	0.38	-0.03	0.67	0.44	-0.32	0.24	0.3	0.32	0.81	0.2	-0.33	-0.36	0.27	0.18
Good Will	-0.79	-0.72	0.55	-0.85	-0.37	-0.85	-0.68	-0.8	1.0	-0.37		-0.89	-0.84	0.45	0.42	-0.76	0.93	-0.97	-0.96	-0.95	-0.64	-0.96	0.96	1.0	-0.72	-0.72
Common Stock Shares Outstanding	0.47	0.39	-0.25	0.57	0.57	0.62	0.37	0.5	-0.9	0.18	-0.89		0.56	-0.07	-0.59	0.43	-0.72	0.82	0.8	0.75	0.31	0.94	-0.77	-0.87	0.4	0.42
Non Current Liabilities Total	0.98	0.98	-0.9	1.0	0.22	0.84	0.85	1.0	-0.83	0.38	-0.84	0.56		-0.78	-0.2	0.99	-0.97	0.92	0.94	0.96	0.82	0.8	-0.95	-0.86	0.98	0.97
Capital Lease Obligations	-0.75	-0.81	0.9	-0.78	-0.15	-0.42	-0.56	-0.79	0.44	-0.03	0.45	-0.07	-0.78		0.18	-0.8	0.69	-0.62	-0.62	-0.66	-0.54	-0.39	0.64	0.5	-0.86	-0.87
Other Current Assets	-0.03	-0.02	0.18	-0.25	-0.71	0.11	0.3	-0.13	0.43	0.67	0.42	-0.59	-0.2	0.18		-0.07	0.36	-0.49	-0.43	-0.38	0.34	-0.57	0.39	0.42	-0.19	-0.28
Total Liab	0.99	1.0	-0.92	0.98	0.11	0.83	0.89	1.0	-0.75	0.44	-0.76	0.43	0.99	-0.8	-0.07		-0.93	0.85	0.88	0.91	0.87	0.7	-0.9	-0.78	0.98	0.96
Net Invested Capital	-0.93	-0.91	0.81	-0.98	-0.34	-0.84	-0.78	-0.95	0.93	-0.32	0.93	-0.72	-0.97	0.69	0.36	-0.93		-0.98	-0.99	-1.0	-0.74	-0.91	1.0	0.94	-0.92	-0.92
Long Term Investments	0.85	0.81	-0.73	0.93	0.44	0.79	0.68	0.88	-0.96	0.24	-0.97	0.82	0.92	-0.62	-0.49	0.85	-0.98		1.0	0.99	0.63	0.96	-0.99	-0.98	0.84	0.86
Property Plant And Equipment Gross	0.89	0.85	-0.75	0.95	0.38	0.83	0.73	0.91	-0.96	0.3	-0.96	0.8	0.94	-0.62	-0.43	0.88	-0.99	1.0		1.0	0.69	0.95	-1.0	-0.97	0.87	0.87
Short Long Term Debt	0.92	0.89	-0.79	0.97	0.35	0.84	0.76	0.94	-0.94	0.32	-0.95	0.75	0.96	-0.66	-0.38	0.91	-1.0	0.99	1.0		0.73	0.93	-1.0	-0.96	0.9	0.9
Total Current Assets	0.91	0.89	-0.65	0.8	-0.25	0.93	0.99	0.86	-0.63	0.81	-0.64	0.31	0.82	-0.54	0.34	0.87	-0.74	0.63	0.69	0.73		0.51	-0.72	-0.65	0.77	0.71
Capital Stock	0.72	0.67	-0.57	0.81	0.54	0.73	0.57	0.75	-0.96	0.2	-0.96	0.94	0.8	-0.39	-0.57	0.7	-0.91	0.96	0.95	0.93	0.51		-0.94	-0.96	0.69	0.71
Net Working Capital	-0.91	-0.87	0.77	-0.96	-0.36	-0.84	-0.76	-0.93	0.95	-0.33	0.96	-0.77	-0.95	0.64	0.39	-0.9	1.0	-0.99	-1.0	-1.0	-0.72	-0.94		0.97	-0.88	-0.89
Intangible Assets	-0.81	-0.75	0.59	-0.87	-0.38	-0.85	-0.69	-0.83	1.0	-0.36	1.0	-0.87	-0.86	0.5	0.42	-0.78	0.94	-0.98	-0.97	-0.96	-0.65	-0.96	0.97		-0.74	-0.75
Short Long Term Debt Total	0.96	0.98	-0.96	0.98	0.19	0.73	0.79	0.98	-0.71	0.27	-0.72	0.4	0.98	-0.86	-0.19	0.98	-0.92	0.84	0.87	0.9	0.77	0.69	-0.88	-0.74		1.0
Other Current Liab	0.94	0.96	-0.96	0.97	0.23	0.68	0.74	0.97	-0.71	0.18	-0.72	0.42	0.97	-0.87	-0.28	0.96	-0.92	0.86	0.87	0.9	0.71	0.71	-0.89	-0.75	1.0

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BTC Income Quality vs Book Value Per Share Analysis

Income Quality vs Book Value Per Share

Income Quality vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Income Quality

Book Value Per Share

BTC Digital fundamental ratios Correlations

BTC Digital Account Relationship Matchups

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Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Assets Total
Good Will	+ 1.0	Non Currrent Assets Other
Intangible Assets	+ 1.0	Non Currrent Assets Other

Net Working Capital	- 1.0	Short Long Term Debt
Net Working Capital	- 1.0	Property Plant And Equipment Gross
Short Long Term Debt	- 1.0	Net Invested Capital
Net Working Capital	- 0.99	Long Term Investments
Property Plant And Equipment Gross	- 0.99	Net Invested Capital
Intangible Assets	- 0.98	Long Term Investments