Bitcoin Total Current Assets vs Retained Earnings Analysis

BTMWW Stock   0.09  0.01  6.15%   
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 Total Current Assets and its Retained Earnings 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 housing.
For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bitcoin Depot's Total Current Assets and Retained Earnings is 0.82. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings 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 Total Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Bitcoin Depot are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Bitcoin Depot's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 housing.
For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.Tax Provision is likely to climb to about 75 K in 2024, whereas Selling General Administrative is likely to drop slightly above 37.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense8.0M12.3M11.9M9.1M
Depreciation And Amortization13.0M18.9M12.9M12.9M

Bitcoin Depot fundamental ratios Correlations

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-0.69-0.41-0.91-0.890.91-0.68-0.55-0.770.89-0.74-0.780.010.88-0.75-0.11-0.37-0.54-0.760.73-0.76-0.890.730.95-0.750.97
-0.86-0.61-0.92-0.980.88-0.85-0.75-0.930.9-0.9-0.75-0.210.89-0.72-0.37-0.59-0.75-0.920.62-0.92-0.90.560.95-0.860.94
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Click cells to compare fundamentals

Bitcoin Depot Account Relationship Matchups

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When running Bitcoin Depot's price analysis, check to measure Bitcoin Depot'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 Bitcoin Depot is operating at the current time. Most of Bitcoin Depot's value examination focuses on studying past and present price action to predict the probability of Bitcoin Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitcoin Depot's price. Additionally, you may evaluate how the addition of Bitcoin Depot to your portfolios can decrease your overall portfolio volatility.