BTC Price To Sales Ratio vs Cash Per Share 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 Price To Sales Ratio and its Cash 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.

Price To Sales Ratio vs Cash Per Share

Price To Sales Ratio vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Price To Sales Ratio account and Cash Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between BTC Digital's Price To Sales Ratio and Cash Per Share is -0.72. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Cash 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 Price To Sales Ratio and Cash 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 Price To Sales Ratio of BTC Digital are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Price To Sales Ratio i.e., BTC Digital's Price To Sales Ratio and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing BTC Digital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BTC Digital sales, a figure that is much harder to manipulate than other BTC Digital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Cash Per Share

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 Revenue483.7M10.2M9.7M
Research Development18.4M21.2M20.1M

BTC Digital fundamental ratios Correlations

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0.99-0.920.970.060.830.90.99-0.710.46-0.720.390.98-0.81-0.021.0-0.910.810.850.890.890.67-0.87-0.750.980.96
-0.87-0.92-0.89-0.27-0.55-0.69-0.90.55-0.130.55-0.25-0.90.90.18-0.920.81-0.73-0.75-0.79-0.65-0.570.770.59-0.96-0.96
0.980.97-0.890.210.830.820.99-0.840.35-0.850.571.0-0.78-0.250.98-0.980.930.950.970.80.81-0.96-0.870.980.97
0.060.06-0.270.21-0.04-0.110.14-0.39-0.4-0.370.570.22-0.15-0.710.11-0.340.440.380.35-0.250.54-0.36-0.380.190.23
0.890.83-0.550.83-0.040.940.85-0.840.78-0.850.620.84-0.420.110.83-0.840.790.830.840.930.73-0.84-0.850.730.68
0.920.9-0.690.82-0.110.940.88-0.670.8-0.680.370.85-0.560.30.89-0.780.680.730.760.990.57-0.76-0.690.790.74
0.990.99-0.90.990.140.850.88-0.80.42-0.80.51.0-0.79-0.131.0-0.950.880.910.940.860.75-0.93-0.830.980.97
-0.78-0.710.55-0.84-0.39-0.84-0.67-0.8-0.361.0-0.9-0.830.440.43-0.750.93-0.96-0.96-0.94-0.63-0.960.951.0-0.71-0.71
0.520.46-0.130.35-0.40.780.80.42-0.36-0.370.180.38-0.030.670.44-0.320.240.30.320.810.2-0.33-0.360.270.18
-0.79-0.720.55-0.85-0.37-0.85-0.68-0.81.0-0.37-0.89-0.840.450.42-0.760.93-0.97-0.96-0.95-0.64-0.960.961.0-0.72-0.72
0.470.39-0.250.570.570.620.370.5-0.90.18-0.890.56-0.07-0.590.43-0.720.820.80.750.310.94-0.77-0.870.40.42
0.980.98-0.91.00.220.840.851.0-0.830.38-0.840.56-0.78-0.20.99-0.970.920.940.960.820.8-0.95-0.860.980.97
-0.75-0.810.9-0.78-0.15-0.42-0.56-0.790.44-0.030.45-0.07-0.780.18-0.80.69-0.62-0.62-0.66-0.54-0.390.640.5-0.86-0.87
-0.03-0.020.18-0.25-0.710.110.3-0.130.430.670.42-0.59-0.20.18-0.070.36-0.49-0.43-0.380.34-0.570.390.42-0.19-0.28
0.991.0-0.920.980.110.830.891.0-0.750.44-0.760.430.99-0.8-0.07-0.930.850.880.910.870.7-0.9-0.780.980.96
-0.93-0.910.81-0.98-0.34-0.84-0.78-0.950.93-0.320.93-0.72-0.970.690.36-0.93-0.98-0.99-1.0-0.74-0.911.00.94-0.92-0.92
0.850.81-0.730.930.440.790.680.88-0.960.24-0.970.820.92-0.62-0.490.85-0.981.00.990.630.96-0.99-0.980.840.86
0.890.85-0.750.950.380.830.730.91-0.960.3-0.960.80.94-0.62-0.430.88-0.991.01.00.690.95-1.0-0.970.870.87
0.920.89-0.790.970.350.840.760.94-0.940.32-0.950.750.96-0.66-0.380.91-1.00.991.00.730.93-1.0-0.960.90.9
0.910.89-0.650.8-0.250.930.990.86-0.630.81-0.640.310.82-0.540.340.87-0.740.630.690.730.51-0.72-0.650.770.71
0.720.67-0.570.810.540.730.570.75-0.960.2-0.960.940.8-0.39-0.570.7-0.910.960.950.930.51-0.94-0.960.690.71
-0.91-0.870.77-0.96-0.36-0.84-0.76-0.930.95-0.330.96-0.77-0.950.640.39-0.91.0-0.99-1.0-1.0-0.72-0.940.97-0.88-0.89
-0.81-0.750.59-0.87-0.38-0.85-0.69-0.831.0-0.361.0-0.87-0.860.50.42-0.780.94-0.98-0.97-0.96-0.65-0.960.97-0.74-0.75
0.960.98-0.960.980.190.730.790.98-0.710.27-0.720.40.98-0.86-0.190.98-0.920.840.870.90.770.69-0.88-0.741.0
0.940.96-0.960.970.230.680.740.97-0.710.18-0.720.420.97-0.87-0.280.96-0.920.860.870.90.710.71-0.89-0.751.0
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BTC Digital Account Relationship Matchups

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Additional Tools for BTC Stock Analysis

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.