Bitcoin Short Term Investments vs Capital Stock Analysis
BTM Stock | 1.88 0.10 5.05% |
Bitcoin Depot financial indicator trend analysis is way more than just evaluating Bitcoin Depot prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bitcoin Depot is a good investment. Please check the relationship between Bitcoin Depot Short Term Investments and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. 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. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.
Short Term Investments vs Capital Stock
Short Term Investments vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Short Term Investments account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bitcoin Depot's Short Term Investments and Capital Stock is 0.97. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Bitcoin Depot, assuming nothing else is changed. The correlation between historical values of Bitcoin Depot's Short Term Investments and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Bitcoin Depot are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Investments i.e., Bitcoin Depot's Short Term Investments and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Bitcoin Depot balance sheet. It contains any investments Bitcoin Depot undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bitcoin Depot can easily liquidate in the marketplace.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Bitcoin Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitcoin Depot 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 Depot. 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. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.As of the 22nd of November 2024, Tax Provision is likely to grow to about 75 K, while Selling General Administrative is likely to drop about 37.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.0M | 12.3M | 11.9M | 9.1M | Depreciation And Amortization | 13.0M | 18.9M | 12.9M | 12.9M |
Bitcoin Depot fundamental ratios Correlations
Click cells to compare fundamentals
Bitcoin Depot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. 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. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitcoin Depot. If investors know Bitcoin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitcoin Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.89) | Revenue Per Share 36.273 | Quarterly Revenue Growth (0.17) | Return On Assets 0.1381 | Return On Equity (0.10) |
The market value of Bitcoin Depot is measured differently than its book value, which is the value of Bitcoin that is recorded on the company's balance sheet. Investors also form their own opinion of Bitcoin Depot's value that differs from its market value or its book value, called intrinsic value, which is Bitcoin Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitcoin Depot's market value can be influenced by many factors that don't directly affect Bitcoin Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitcoin Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitcoin Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitcoin Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.