Cipher Total Current Liabilities vs Property Plant And Equipment Gross Analysis
| CIFRW Stock | USD 2.10 0.33 18.64% |
Cipher Mining financial indicator trend analysis is way more than just evaluating Cipher Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cipher Mining is a good investment. Please check the relationship between Cipher Mining Total Current Liabilities and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cipher Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Cipher Stock please use our How to Invest in Cipher Mining guide.
Total Current Liabilities vs Property Plant And Equipment Gross
Total Current Liabilities vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cipher Mining Total Current Liabilities account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cipher Mining's Total Current Liabilities and Property Plant And Equipment Gross is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Cipher Mining, assuming nothing else is changed. The correlation between historical values of Cipher Mining's Total Current Liabilities and Property Plant And Equipment Gross 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 Liabilities of Cipher Mining are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Liabilities i.e., Cipher Mining's Total Current Liabilities and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Cipher Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cipher Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Gross
Most indicators from Cipher Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cipher Mining 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 Cipher Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Cipher Stock please use our How to Invest in Cipher Mining guide.At this time, Cipher Mining's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 25.88 in 2024, whereas Tax Provision is likely to drop slightly above 3 M in 2024.
| 2010 | 2023 | 2024 (projected) | Tax Provision | 1.8M | 3.6M | 3.0M | Cost Of Revenue | 4.9K | 50.3M | 52.8M |
Cipher Mining fundamental ratios Correlations
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Cipher Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Cipher Mining's price analysis, check to measure Cipher Mining'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 Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.