Bit Total Revenue vs Net Interest Income Analysis

BTOG Stock  USD 1.36  0.14  9.33%   
Bit Origin financial indicator trend analysis is way more than just evaluating Bit Origin prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bit Origin is a good investment. Please check the relationship between Bit Origin Total Revenue and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.

Total Revenue vs Net Interest Income

Total Revenue vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bit Origin Total Revenue account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bit Origin's Total Revenue and Net Interest Income is -0.58. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Bit Origin, assuming nothing else is changed. The correlation between historical values of Bit Origin's Total Revenue and Net Interest Income 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 Revenue of Bit Origin are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Revenue i.e., Bit Origin's Total Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Bit Origin generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Bit Origin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bit Origin 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 Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.The Bit Origin's current Discontinued Operations is estimated to increase to about 8.1 M, while Selling General Administrative is projected to decrease to roughly 2.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense54.1K227.4K204.6K194.4K
Depreciation And Amortization276.8K5.4M6.2M6.5M

Bit Origin fundamental ratios Correlations

-0.63-0.8-0.32-0.710.130.60.87-0.79-0.92-0.22-0.250.43-0.54-0.25-0.790.9-0.160.96-0.67-0.76-0.76-0.790.980.630.84
-0.630.550.650.750.34-0.27-0.320.460.530.580.690.10.550.690.46-0.690.68-0.460.780.90.110.25-0.540.15-0.42
-0.80.550.180.540.04-0.25-0.90.990.92-0.170.37-0.50.110.370.66-0.850.28-0.860.510.730.830.87-0.85-0.58-0.52
-0.320.650.180.88-0.34-0.590.030.150.10.230.28-0.140.150.280.08-0.540.85-0.220.90.69-0.16-0.08-0.310.26-0.57
-0.710.750.540.88-0.36-0.76-0.420.50.530.20.36-0.410.280.360.48-0.850.67-0.640.990.880.290.36-0.71-0.13-0.82
0.130.340.04-0.34-0.360.640.14-0.040.020.50.470.690.340.47-0.020.240.010.25-0.310.02-0.22-0.110.250.350.58
0.6-0.27-0.25-0.59-0.760.640.38-0.26-0.41-0.040.020.57-0.210.02-0.50.63-0.160.59-0.73-0.5-0.35-0.40.620.420.86
0.87-0.32-0.90.03-0.420.140.38-0.91-0.960.2-0.170.64-0.18-0.17-0.790.80.10.96-0.37-0.56-0.97-0.970.920.820.63
-0.790.460.990.150.5-0.04-0.26-0.910.91-0.240.22-0.520.110.220.59-0.820.25-0.870.460.650.870.89-0.85-0.67-0.55
-0.920.530.920.10.530.02-0.41-0.960.910.00.33-0.510.330.330.84-0.860.04-0.950.50.710.890.94-0.94-0.71-0.64
-0.220.58-0.170.230.20.5-0.040.2-0.240.00.30.670.870.30.080.010.190.070.230.23-0.35-0.29-0.010.38-0.08
-0.250.690.370.280.360.470.02-0.170.220.330.3-0.040.061.00.55-0.380.29-0.190.420.690.010.15-0.230.350.06
0.430.1-0.5-0.14-0.410.690.570.64-0.52-0.510.67-0.040.46-0.04-0.580.60.130.65-0.37-0.35-0.69-0.660.610.620.55
-0.540.550.110.150.280.34-0.21-0.180.110.330.870.060.460.060.25-0.240.09-0.30.270.280.070.09-0.35-0.09-0.39
-0.250.690.370.280.360.470.02-0.170.220.330.31.0-0.040.060.55-0.380.29-0.190.420.690.010.15-0.230.350.06
-0.790.460.660.080.48-0.02-0.5-0.790.590.840.080.55-0.580.250.55-0.75-0.18-0.820.470.680.70.77-0.81-0.51-0.55
0.9-0.69-0.85-0.54-0.850.240.630.8-0.82-0.860.01-0.380.6-0.24-0.38-0.75-0.40.91-0.83-0.9-0.68-0.750.940.50.82
-0.160.680.280.850.670.01-0.160.10.250.040.190.290.130.090.29-0.18-0.4-0.060.690.6-0.23-0.14-0.140.38-0.26
0.96-0.46-0.86-0.22-0.640.250.590.96-0.87-0.950.07-0.190.65-0.3-0.19-0.820.91-0.06-0.59-0.69-0.9-0.910.990.760.81
-0.670.780.510.90.99-0.31-0.73-0.370.460.50.230.42-0.370.270.420.47-0.830.69-0.590.890.220.31-0.67-0.05-0.78
-0.760.90.730.690.880.02-0.5-0.560.650.710.230.69-0.350.280.690.68-0.90.6-0.690.890.380.51-0.75-0.11-0.61
-0.760.110.83-0.160.29-0.22-0.35-0.970.870.89-0.350.01-0.690.070.010.7-0.68-0.23-0.90.220.380.97-0.85-0.9-0.57
-0.790.250.87-0.080.36-0.11-0.4-0.970.890.94-0.290.15-0.660.090.150.77-0.75-0.14-0.910.310.510.97-0.87-0.86-0.56
0.98-0.54-0.85-0.31-0.710.250.620.92-0.85-0.94-0.01-0.230.61-0.35-0.23-0.810.94-0.140.99-0.67-0.75-0.85-0.870.70.85
0.630.15-0.580.26-0.130.350.420.82-0.67-0.710.380.350.62-0.090.35-0.510.50.380.76-0.05-0.11-0.9-0.860.70.57
0.84-0.42-0.52-0.57-0.820.580.860.63-0.55-0.64-0.080.060.55-0.390.06-0.550.82-0.260.81-0.78-0.61-0.57-0.560.850.57
Click cells to compare fundamentals

Bit Origin Account Relationship Matchups

Bit Origin fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding747.3K1.1M2.0M3.3M3.8M4.0M
Total Assets63.3M40.9M35.0M13.3M12.0M11.4M
Short Long Term Debt Total18.3M2.1M1.7M2.1M1.9M1.8M
Other Current Liab17.2M22.6M(3.8M)331.0K297.9K283.0K
Total Current Liabilities32.7M38.7M300.0K2.6M2.3M2.2M
Total Stockholder Equity23.8M(3.2M)34.7M10.3M11.8M17.9M
Property Plant And Equipment Net6.2M4.4K8.0M7.4M8.5M5.4M
Current Deferred Revenue736.6K1.3M4.3M4.4M5.1M5.3M
Net Debt16.8M2.1M1.7M2.1M1.9M1.8M
Retained Earnings7.0M(38.6M)(36.0M)(64.2M)(57.8M)(54.9M)
Accounts Payable5.7M10.0M16.5M667.9K768.1K729.7K
Cash1.5M7.6K17.8K16.3K14.6K13.9K
Non Current Assets Total13.1M8.4M29.2M9.8M11.2M11.9M
Non Currrent Assets Other579.5K6.0M17.9M(9.8M)(11.2M)(10.7M)
Cash And Short Term Investments1.5M7.6K17.8K16.3K14.6K13.9K
Net Receivables9.8M11.1M4.4M468.2K421.4K400.3K
Liabilities And Stockholders Equity63.3M40.9M35.0M13.3M12.0M11.4M
Inventory(148.9K)229.4K1.2M1.0M1.2M1.2M
Other Current Assets39.4M21.3M162.5K3.1M3.6M3.4M
Other Stockholder Equity15.8M33.8M69.7M73.4M84.5M88.7M
Total Liab36.5M42.5M300.0K3.1M2.8M2.6M
Total Current Assets50.3M32.5M5.8M3.6M3.2M3.1M
Short Term Debt6.5M782.1K831.3K1.6M1.4M1.4M
Intangible Assets492.3K462.7K438.0K299.6K269.7K349.7K
Common Stock239.7K407.2K918.6K1.0M1.2M1.2M
Net Tangible Assets24.1M18.6M(3.2M)34.7M39.9M41.8M
Other Assets1.9M7.9M8.4M18.2M20.9M21.9M
Non Current Liabilities Total3.8M3.8M2.4M486.3K437.7K415.8K
Net Invested Capital41.5M(1.1M)34.7M12.3M11.1M19.8M
Short Long Term Debt7.9M14.9M2.1M1.6M1.4M1.4M
Net Working Capital17.5M(6.2M)5.5M984.5K886.1K841.7K
Property Plant Equipment3.3M10.1K4.4K8.0M9.2M9.7M
Capital Stock239.7K407.2K918.6K1.0M1.2M615.9K

Currently Active Assets on Macroaxis

When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bit Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Packaged Foods & Meats 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 Bit Origin. If investors know Bit 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 Bit Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.28)
Revenue Per Share
2.052
Quarterly Revenue Growth
0.402
Return On Assets
(0.35)
Return On Equity
(1.46)
The market value of Bit Origin is measured differently than its book value, which is the value of Bit that is recorded on the company's balance sheet. Investors also form their own opinion of Bit Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin'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 Bit Origin's market value can be influenced by many factors that don't directly affect Bit Origin'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 Bit Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin'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.