Bitcoin Total Stockholder Equity vs Intangible Assets Analysis

BTMWW Stock   0.09  0.03  42.97%   
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 Stockholder Equity and its Intangible Assets 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 Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Bitcoin Depot's Total Stockholder Equity and Intangible Assets is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Stockholder Equity and Intangible Assets 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 Stockholder Equity of Bitcoin Depot are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Bitcoin Depot's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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

0.890.680.91-0.571.00.950.97-0.670.990.450.63-0.670.380.780.880.870.99-0.230.990.82-0.15-0.69-0.860.95-0.65
0.890.380.72-0.180.920.980.81-0.280.880.00.9-0.28-0.030.940.990.660.870.220.850.740.24-0.41-0.610.91-0.3
0.680.380.91-0.910.670.570.82-0.910.740.82-0.04-0.90.880.140.410.720.76-0.730.790.75-0.56-0.91-0.920.65-0.93
0.910.720.91-0.790.910.840.97-0.830.950.640.35-0.820.640.50.720.80.96-0.480.960.92-0.39-0.89-0.980.91-0.86
-0.57-0.18-0.91-0.79-0.54-0.35-0.70.99-0.62-0.970.270.98-0.930.07-0.16-0.61-0.640.92-0.66-0.650.830.910.88-0.530.98
1.00.920.670.91-0.540.970.97-0.640.990.40.67-0.630.340.80.910.840.99-0.180.980.84-0.11-0.68-0.850.96-0.63
0.950.980.570.84-0.350.970.9-0.450.950.180.8-0.440.170.880.980.760.940.040.930.810.11-0.55-0.750.94-0.46
0.970.810.820.97-0.70.970.9-0.780.990.580.48-0.780.560.660.810.910.99-0.371.00.83-0.24-0.77-0.930.91-0.76
-0.67-0.28-0.91-0.830.99-0.64-0.45-0.78-0.7-0.960.151.0-0.91-0.07-0.27-0.72-0.720.87-0.74-0.650.750.890.9-0.590.97
0.990.880.740.95-0.620.990.950.99-0.70.470.59-0.70.440.740.870.861.0-0.271.00.86-0.18-0.74-0.90.95-0.7
0.450.00.820.64-0.970.40.180.58-0.960.47-0.41-0.960.95-0.180.00.580.5-0.970.530.44-0.84-0.78-0.750.34-0.9
0.630.9-0.040.350.270.670.80.480.150.59-0.410.15-0.450.960.890.390.570.610.540.420.590.01-0.210.650.14
-0.67-0.28-0.9-0.820.98-0.63-0.44-0.781.0-0.7-0.960.15-0.91-0.08-0.27-0.73-0.720.87-0.74-0.640.750.880.9-0.580.96
0.38-0.030.880.64-0.930.340.170.56-0.910.440.95-0.45-0.91-0.220.00.590.45-0.920.50.41-0.72-0.75-0.720.28-0.86
0.780.940.140.50.070.80.880.66-0.070.74-0.180.96-0.08-0.220.950.630.710.420.70.460.48-0.11-0.370.72-0.03
0.880.990.410.72-0.160.910.980.81-0.270.870.00.89-0.270.00.950.710.860.230.850.690.3-0.37-0.590.87-0.27
0.870.660.720.8-0.610.840.760.91-0.720.860.580.39-0.730.590.630.710.85-0.360.880.53-0.1-0.54-0.750.68-0.6
0.990.870.760.96-0.640.990.940.99-0.721.00.50.57-0.720.450.710.860.85-0.291.00.88-0.22-0.76-0.920.96-0.72
-0.230.22-0.73-0.480.92-0.180.04-0.370.87-0.27-0.970.610.87-0.920.420.23-0.36-0.29-0.32-0.320.920.730.62-0.160.85
0.990.850.790.96-0.660.980.931.0-0.741.00.530.54-0.740.50.70.850.881.0-0.320.86-0.22-0.76-0.920.94-0.73
0.820.740.750.92-0.650.840.810.83-0.650.860.440.42-0.640.410.460.690.530.88-0.320.86-0.39-0.89-0.90.94-0.77
-0.150.24-0.56-0.390.83-0.110.11-0.240.75-0.18-0.840.590.75-0.720.480.3-0.1-0.220.92-0.22-0.390.730.56-0.190.8
-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
-0.86-0.61-0.92-0.980.88-0.85-0.75-0.930.9-0.9-0.75-0.210.9-0.72-0.37-0.59-0.75-0.920.62-0.92-0.90.560.95-0.860.94
0.950.910.650.91-0.530.960.940.91-0.590.950.340.65-0.580.280.720.870.680.96-0.160.940.94-0.19-0.75-0.86-0.65
-0.65-0.3-0.93-0.860.98-0.63-0.46-0.760.97-0.7-0.90.140.96-0.86-0.03-0.27-0.6-0.720.85-0.73-0.770.80.970.94-0.65
Click cells to compare fundamentals

Bitcoin Depot Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Bitcoin Stock Analysis

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.