BitFuFu Non Currrent Assets Other vs Net Invested Capital Analysis

FUFU Stock

5.36 0.35 6.99%

BitFuFu financial indicator trend analysis is way more than just evaluating BitFuFu Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Class A is a good investment. Please check the relationship between BitFuFu Non Currrent Assets Other and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Non Currrent Assets Other vs Net Invested Capital

Non Currrent Assets Other vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Non Currrent Assets Other account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BitFuFu's Non Currrent Assets Other and Net Invested Capital is -0.48. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of BitFuFu Class A, assuming nothing else is changed. The correlation between historical values of BitFuFu's Non Currrent Assets Other and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of BitFuFu Class A are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Currrent Assets Other i.e., BitFuFu's Non Currrent Assets Other and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from BitFuFu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Class A 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Tax Provision is likely to gain to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	9.0M	36.2M	12.7M	16.0M
Total Revenue	103.0M	198.2M	284.1M	161.3M

Gross Profit Total Revenue

BitFuFu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Retained Earnings	Accounts Payable	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Net Debt	Non Currrent Assets Other	Cash And Short Term Investments	Inventory	Short Term Debt	Other Assets
Total Assets		0.33	0.1	1.0	0.18	0.36	-0.12	0.56	0.38	0.95	0.63	0.66	0.44	0.91	0.54	0.84	0.86	0.39	-0.97	0.45	0.9	-0.54	0.44
Other Current Liab	0.33		-0.78	0.37	-0.45	-0.75	-0.18	-0.58	-0.48	0.54	-0.47	-0.48	-0.69	-0.02	-0.61	0.78	-0.18	-0.73	-0.54	-0.68	-0.11	-0.97	-0.66
Total Current Liabilities	0.1	-0.78		0.05	0.06	0.89	-0.38	0.71	0.25	-0.15	0.83	0.64	0.86	0.38	0.77	-0.42	0.54	0.88	0.12	0.86	0.48	0.72	0.81
Total Stockholder Equity	1.0	0.37	0.05		0.18	0.32	-0.1	0.52	0.37	0.97	0.59	0.63	0.41	0.89	0.51	0.86	0.85	0.35	-0.98	0.42	0.88	-0.57	0.4
Current Deferred Revenue	0.18	-0.45	0.06	0.18		0.47	0.87	0.59	0.95	0.12	0.26	0.61	0.46	0.33	0.55	-0.07	0.38	0.47	-0.09	0.47	0.36	0.26	0.46
Retained Earnings	0.36	-0.75	0.89	0.32	0.47		-0.01	0.94	0.65	0.13	0.93	0.91	1.0	0.63	0.97	-0.2	0.78	1.0	-0.14	0.99	0.73	0.6	0.94
Accounts Payable	-0.12	-0.18	-0.38	-0.1	0.87	-0.01		0.11	0.69	-0.05	-0.25	0.15	-0.03	-0.08	0.06	-0.09	-0.08	-0.02	0.1	-0.03	-0.08	0.07	-0.03
Common Stock Shares Outstanding	0.56	-0.58	0.71	0.52	0.59	0.94	0.11		0.79	0.32	0.91	0.96	0.95	0.82	0.97	0.03	0.87	0.94	-0.35	0.95	0.84	0.37	0.98
Other Current Assets	0.38	-0.48	0.25	0.37	0.95	0.65	0.69	0.79		0.26	0.5	0.79	0.65	0.58	0.74	0.03	0.61	0.65	-0.25	0.66	0.59	0.26	0.69
Other Stockholder Equity	0.95	0.54	-0.15	0.97	0.12	0.13	-0.05	0.32	0.26		0.42	0.48	0.22	0.74	0.33	0.94	0.72	0.16	-0.99	0.23	0.76	-0.72	0.17
Total Liab	0.63	-0.47	0.83	0.59	0.26	0.93	-0.25	0.91	0.5	0.42		0.92	0.95	0.8	0.95	0.12	0.92	0.94	-0.44	0.95	0.89	0.3	0.9
Net Invested Capital	0.66	-0.48	0.64	0.63	0.61	0.91	0.15	0.96	0.79	0.48	0.92		0.94	0.83	0.98	0.16	0.93	0.92	-0.48	0.94	0.91	0.26	0.89
Total Current Assets	0.44	-0.69	0.86	0.41	0.46	1.0	-0.03	0.95	0.65	0.22	0.95	0.94		0.69	0.99	-0.11	0.83	1.0	-0.23	1.0	0.79	0.52	0.95
Capital Stock	0.91	-0.02	0.38	0.89	0.33	0.63	-0.08	0.82	0.58	0.74	0.8	0.83	0.69		0.76	0.57	0.94	0.65	-0.79	0.7	0.95	-0.2	0.76
Net Working Capital	0.54	-0.61	0.77	0.51	0.55	0.97	0.06	0.97	0.74	0.33	0.95	0.98	0.99	0.76		0.0	0.89	0.98	-0.33	0.99	0.85	0.42	0.94
Common Stock	0.84	0.78	-0.42	0.86	-0.07	-0.2	-0.09	0.03	0.03	0.94	0.12	0.16	-0.11	0.57	0.0		0.46	-0.17	-0.94	-0.1	0.52	-0.91	-0.1
Short Long Term Debt Total	0.86	-0.18	0.54	0.85	0.38	0.78	-0.08	0.87	0.61	0.72	0.92	0.93	0.83	0.94	0.89	0.46		0.8	-0.73	0.84	1.0	-0.04	0.79
Net Debt	0.39	-0.73	0.88	0.35	0.47	1.0	-0.02	0.94	0.65	0.16	0.94	0.92	1.0	0.65	0.98	-0.17	0.8		-0.17	1.0	0.75	0.57	0.94
Non Currrent Assets Other	-0.97	-0.54	0.12	-0.98	-0.09	-0.14	0.1	-0.35	-0.25	-0.99	-0.44	-0.48	-0.23	-0.79	-0.33	-0.94	-0.73	-0.17		-0.24	-0.78	0.72	-0.22
Cash And Short Term Investments	0.45	-0.68	0.86	0.42	0.47	0.99	-0.03	0.95	0.66	0.23	0.95	0.94	1.0	0.7	0.99	-0.1	0.84	1.0	-0.24		0.79	0.51	0.95
Inventory	0.9	-0.11	0.48	0.88	0.36	0.73	-0.08	0.84	0.59	0.76	0.89	0.91	0.79	0.95	0.85	0.52	1.0	0.75	-0.78	0.79		-0.12	0.76
Short Term Debt	-0.54	-0.97	0.72	-0.57	0.26	0.6	0.07	0.37	0.26	-0.72	0.3	0.26	0.52	-0.2	0.42	-0.91	-0.04	0.57	0.72	0.51	-0.12		0.49
Other Assets	0.44	-0.66	0.81	0.4	0.46	0.94	-0.03	0.98	0.69	0.17	0.9	0.89	0.95	0.76	0.94	-0.1	0.79	0.94	-0.22	0.95	0.76	0.49

Click cells to compare fundamentals

BitFuFu Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for BitFuFu Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

BitFuFu Non Currrent Assets Other vs Net Invested Capital Analysis

Non Currrent Assets Other vs Net Invested Capital

Non Currrent Assets Other vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Net Invested Capital

BitFuFu fundamental ratios Correlations

BitFuFu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for BitFuFu Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Retained Earnings
Net Debt	+ 1.0	Retained Earnings
Net Debt	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Inventory	+ 1.0	Short Long Term Debt Total

Non Currrent Assets Other	- 0.99	Other Stockholder Equity
Non Currrent Assets Other	- 0.98	Total Stockholder Equity
Short Term Debt	- 0.97	Other Current Liab
Non Currrent Assets Other	- 0.97	Total Assets
Non Currrent Assets Other	- 0.94	Common Stock
Short Term Debt	- 0.91	Common Stock