BTC Ptb Ratio vs Free Cash Flow 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 Ptb Ratio and its Free Cash Flow 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.

Ptb Ratio vs Free Cash Flow Per Share

Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Ptb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BTC Digital's Ptb Ratio and Free Cash Flow Per Share is -0.63. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow 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 Ptb Ratio and Free Cash Flow 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 Ptb Ratio of BTC Digital are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., BTC Digital's Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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.
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

0.99-0.870.980.060.890.920.99-0.780.52-0.790.470.98-0.75-0.030.99-0.930.850.890.920.910.72-0.91-0.810.960.94
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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