Bitcoin Capital Lease Obligations vs Net Debt Analysis

BTCW Stock

0.20 0.01 5.26%

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

Capital Lease Obligations vs Net Debt

Capital Lease Obligations vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Well Capital Lease Obligations account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Bitcoin Well's Capital Lease Obligations and Net Debt is -0.96. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Debt in the same time period over historical financial statements of Bitcoin Well, assuming nothing else is changed. The correlation between historical values of Bitcoin Well's Capital Lease Obligations and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Bitcoin Well are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Lease Obligations i.e., Bitcoin Well's Capital Lease Obligations and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

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Capital Lease Obligations

Bitcoin Well capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Bitcoin Well asset purchases. For example, Bitcoin Well can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Bitcoin Well control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

At this time, Bitcoin Well's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.2 M in 2024, whereas Tax Provision is likely to drop slightly above 179.7 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.2M	4.4M	4.8M	5.1M
Total Revenue	99.6M	66.7M	54.5M	63.2M

Gross Profit Total Revenue

Bitcoin Well fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab
Total Assets		0.94	-0.22	0.56	0.8	0.85	-0.79	0.98	0.82	0.79	0.72	0.68	0.53	-0.79	0.38	0.92	1.0	0.96	0.94	0.98	0.91	0.24	0.89	0.9	-0.88	0.86
Total Current Liabilities	0.94		-0.16	0.4	0.83	0.74	-0.67	0.9	0.92	0.77	0.52	0.49	0.38	-0.75	0.52	0.84	0.94	0.95	1.0	0.91	0.81	0.02	0.8	0.78	-0.76	0.73
Total Stockholder Equity	-0.22	-0.16		-0.44	0.37	-0.64	0.72	-0.22	0.13	0.41	-0.58	-0.76	-0.87	0.7	-0.14	-0.55	-0.22	-0.23	-0.16	-0.38	-0.47	-0.73	-0.56	-0.44	0.52	-0.47
Net Tangible Assets	0.56	0.4	-0.44		0.31	0.65	-0.79	0.47	0.14	0.35	0.72	0.76	0.68	-0.66	-0.47	0.61	0.57	0.66	0.4	0.55	0.78	0.54	0.8	0.71	-0.84	0.81
Property Plant And Equipment Net	0.8	0.83	0.37	0.31		0.39	-0.32	0.73	0.88	0.98	0.26	0.14	-0.05	-0.36	0.22	0.52	0.79	0.81	0.83	0.67	0.59	-0.3	0.52	0.57	-0.53	0.53
Net Debt	0.85	0.74	-0.64	0.65	0.39		-0.94	0.84	0.56	0.41	0.79	0.89	0.8	-0.96	0.3	0.99	0.85	0.82	0.73	0.93	0.95	0.5	0.94	0.96	-0.94	0.94
Retained Earnings	-0.79	-0.67	0.72	-0.79	-0.32	-0.94		-0.78	-0.39	-0.32	-0.9	-0.97	-0.92	0.92	-0.14	-0.92	-0.8	-0.79	-0.67	-0.86	-0.92	-0.68	-0.97	-0.89	0.95	-0.91
Accounts Payable	0.98	0.9	-0.22	0.47	0.73	0.84	-0.78		0.78	0.74	0.76	0.7	0.55	-0.74	0.46	0.9	0.98	0.89	0.88	0.97	0.86	0.31	0.85	0.86	-0.83	0.82
Cash	0.82	0.92	0.13	0.14	0.88	0.56	-0.39	0.78		0.83	0.21	0.19	0.03	-0.56	0.56	0.67	0.82	0.82	0.92	0.77	0.64	-0.33	0.55	0.66	-0.55	0.56
Non Current Assets Total	0.79	0.77	0.41	0.35	0.98	0.41	-0.32	0.74	0.83		0.3	0.17	-0.05	-0.34	0.14	0.51	0.79	0.79	0.77	0.66	0.6	-0.26	0.51	0.6	-0.55	0.56
Net Receivables	0.72	0.52	-0.58	0.72	0.26	0.79	-0.9	0.76	0.21	0.3		0.95	0.9	-0.68	0.08	0.77	0.73	0.64	0.5	0.76	0.77	0.84	0.86	0.72	-0.82	0.76
Common Stock Shares Outstanding	0.68	0.49	-0.76	0.76	0.14	0.89	-0.97	0.7	0.19	0.17	0.95		0.96	-0.82	0.07	0.84	0.69	0.64	0.48	0.77	0.83	0.83	0.89	0.81	-0.88	0.84
Non Current Liabilities Total	0.53	0.38	-0.87	0.68	-0.05	0.8	-0.92	0.55	0.03	-0.05	0.9	0.96		-0.77	0.1	0.74	0.54	0.5	0.37	0.64	0.7	0.89	0.81	0.65	-0.76	0.7
Capital Lease Obligations	-0.79	-0.75	0.7	-0.66	-0.36	-0.96	0.92	-0.74	-0.56	-0.34	-0.68	-0.82	-0.77		-0.28	-0.95	-0.79	-0.82	-0.76	-0.87	-0.93	-0.41	-0.92	-0.92	0.92	-0.9
Inventory	0.38	0.52	-0.14	-0.47	0.22	0.3	-0.14	0.46	0.56	0.14	0.08	0.07	0.1	-0.28		0.38	0.36	0.24	0.51	0.44	0.14	-0.09	0.15	0.17	-0.05	0.04
Total Liab	0.92	0.84	-0.55	0.61	0.52	0.99	-0.92	0.9	0.67	0.51	0.77	0.84	0.74	-0.95	0.38		0.92	0.89	0.84	0.97	0.96	0.42	0.95	0.96	-0.94	0.93
Net Invested Capital	1.0	0.94	-0.22	0.57	0.79	0.85	-0.8	0.98	0.82	0.79	0.73	0.69	0.54	-0.79	0.36	0.92		0.97	0.93	0.98	0.92	0.24	0.9	0.9	-0.89	0.87
Property Plant And Equipment Gross	0.96	0.95	-0.23	0.66	0.81	0.82	-0.79	0.89	0.82	0.79	0.64	0.64	0.5	-0.82	0.24	0.89	0.97		0.95	0.93	0.93	0.15	0.91	0.89	-0.91	0.88
Short Long Term Debt	0.94	1.0	-0.16	0.4	0.83	0.73	-0.67	0.88	0.92	0.77	0.5	0.48	0.37	-0.76	0.51	0.84	0.93	0.95		0.91	0.81	0.0	0.79	0.78	-0.76	0.73
Total Current Assets	0.98	0.91	-0.38	0.55	0.67	0.93	-0.86	0.97	0.77	0.66	0.76	0.77	0.64	-0.87	0.44	0.97	0.98	0.93	0.91		0.94	0.33	0.92	0.93	-0.9	0.89
Capital Stock	0.91	0.81	-0.47	0.78	0.59	0.95	-0.92	0.86	0.64	0.6	0.77	0.83	0.7	-0.93	0.14	0.96	0.92	0.93	0.81	0.94		0.39	0.97	0.99	-0.99	0.99
Net Working Capital	0.24	0.02	-0.73	0.54	-0.3	0.5	-0.68	0.31	-0.33	-0.26	0.84	0.83	0.89	-0.41	-0.09	0.42	0.24	0.15	0.0	0.33	0.39		0.53	0.34	-0.48	0.42
Common Stock	0.89	0.8	-0.56	0.8	0.52	0.94	-0.97	0.85	0.55	0.51	0.86	0.89	0.81	-0.92	0.15	0.95	0.9	0.91	0.79	0.92	0.97	0.53		0.93	-0.99	0.95
Property Plant Equipment	0.9	0.78	-0.44	0.71	0.57	0.96	-0.89	0.86	0.66	0.6	0.72	0.81	0.65	-0.92	0.17	0.96	0.9	0.89	0.78	0.93	0.99	0.34	0.93		-0.96	0.99
Other Current Liab	-0.88	-0.76	0.52	-0.84	-0.53	-0.94	0.95	-0.83	-0.55	-0.55	-0.82	-0.88	-0.76	0.92	-0.05	-0.94	-0.89	-0.91	-0.76	-0.9	-0.99	-0.48	-0.99	-0.96		-0.98
Other Liab	0.86	0.73	-0.47	0.81	0.53	0.94	-0.91	0.82	0.56	0.56	0.76	0.84	0.7	-0.9	0.04	0.93	0.87	0.88	0.73	0.89	0.99	0.42	0.95	0.99	-0.98

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Bitcoin Capital Lease Obligations vs Net Debt Analysis

Capital Lease Obligations vs Net Debt

Capital Lease Obligations vs Net Debt Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Net Debt

Bitcoin Well fundamental ratios Correlations

Bitcoin Well Account Relationship Matchups

High Positive Relationship

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Thematic Opportunities

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Additional Tools for Bitcoin Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Short Long Term Debt	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Net Debt
Property Plant Equipment	+ 0.99	Capital Stock
Other Liab	+ 0.99	Capital Stock
Other Liab	+ 0.99	Property Plant Equipment

Other Current Liab	- 0.99	Common Stock
Other Current Liab	- 0.99	Capital Stock
Other Liab	- 0.98	Other Current Liab
Common Stock	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Other Current Liab	- 0.96	Property Plant Equipment