Gryphon Historical Balance Sheet

GRYP Stock   0.69  0.03  4.55%   
Trend analysis of Gryphon Digital Mining balance sheet accounts such as Total Current Liabilities of 391.7 K or Total Stockholder Equity of 58.1 M provides information on Gryphon Digital's total assets, liabilities, and equity, which is the actual value of Gryphon Digital Mining to its prevalent stockholders. By breaking down trends over time using Gryphon Digital balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Gryphon Digital Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gryphon Digital Mining is a good buy for the upcoming year.

Gryphon Digital Inventory

551,950

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gryphon Digital 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 manufacturing.

About Gryphon Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Gryphon Digital Mining at a specified time, usually calculated after every quarter, six months, or one year. Gryphon Digital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gryphon Digital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gryphon currently owns. An asset can also be divided into two categories, current and non-current.

Gryphon Digital Balance Sheet Chart

At this time, Gryphon Digital's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, Current Deferred Revenue is likely to grow to about 524.4 K, though Retained Earnings are likely to grow to (31.5 K).

Total Assets

Total assets refers to the total amount of Gryphon Digital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gryphon Digital Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Gryphon Digital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gryphon Digital 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.

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.

Accounts Payable

An accounting item on the balance sheet that represents Gryphon Digital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gryphon Digital Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Gryphon Digital Mining, which is listed under current asset account on Gryphon Digital Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gryphon Digital customers. The amounts must be unrestricted with restricted cash listed in a different Gryphon Digital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Gryphon Digital Mining balance sheet. This account contains Gryphon Digital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Gryphon Digital Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Gryphon Digital's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gryphon Digital Mining current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gryphon Digital 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 manufacturing.
At this time, Gryphon Digital's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, Current Deferred Revenue is likely to grow to about 524.4 K, though Retained Earnings are likely to grow to (31.5 K).
 2020 2021 2022 2023 (projected)
Cash18.3M13.1M7.9M915K
Accounts Payable513.6K1.7M1.4M2.2M

Gryphon Digital balance sheet Correlations

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0.620.760.41-0.46-0.40.320.120.120.170.690.790.21-0.120.350.350.520.320.560.390.180.690.570.40.49-0.68
0.530.760.21-0.48-0.850.590.380.380.380.861.00.51-0.20.580.360.40.030.560.40.460.750.860.470.81-0.65
0.940.410.210.170.1-0.330.30.320.770.140.270.280.430.690.10.970.820.47-0.08-0.220.550.30.820.5-0.33
-0.02-0.46-0.480.170.32-0.46-0.24-0.250.19-0.56-0.48-0.320.840.16-0.230.140.40.16-0.38-0.12-0.37-0.350.16-0.160.47
-0.2-0.4-0.850.10.32-0.67-0.17-0.17-0.17-0.81-0.81-0.30.19-0.54-0.52-0.120.1-0.57-0.58-0.63-0.37-0.88-0.16-0.790.49
-0.090.320.59-0.33-0.46-0.670.220.21-0.140.630.540.33-0.350.140.25-0.15-0.40.190.360.20.210.48-0.040.33-0.07
0.40.120.380.3-0.24-0.170.221.00.680.170.420.99-0.260.43-0.470.35-0.19-0.18-0.390.080.760.260.650.350.18
0.420.120.380.32-0.25-0.170.211.00.690.190.420.99-0.270.46-0.440.37-0.16-0.16-0.360.080.760.280.650.370.17
0.80.170.380.770.19-0.17-0.140.680.690.150.430.680.340.77-0.220.780.390.24-0.35-0.040.710.380.950.62-0.16
0.420.690.860.14-0.56-0.810.630.170.190.150.840.3-0.410.520.670.340.050.590.720.290.530.910.230.78-0.6
0.580.791.00.27-0.48-0.810.540.420.420.430.840.54-0.20.590.310.450.050.530.350.430.80.840.520.8-0.66
0.430.210.510.28-0.32-0.30.330.990.990.680.30.54-0.290.48-0.380.37-0.21-0.11-0.30.110.810.370.660.450.08
0.29-0.12-0.20.430.840.19-0.35-0.26-0.270.34-0.41-0.2-0.290.31-0.110.380.630.39-0.32-0.09-0.16-0.180.370.040.07
0.790.350.580.690.16-0.540.140.430.460.770.520.590.480.310.350.830.590.740.250.30.580.770.760.9-0.29
0.190.350.360.1-0.23-0.520.25-0.47-0.44-0.220.670.31-0.38-0.110.350.210.40.720.960.27-0.130.67-0.20.53-0.57
0.970.520.40.970.14-0.12-0.150.350.370.780.340.450.370.380.830.210.80.620.05-0.080.650.50.860.67-0.37
0.710.320.030.820.40.1-0.4-0.19-0.160.390.050.05-0.210.630.590.40.80.710.21-0.010.130.240.460.39-0.32
0.580.560.560.470.16-0.570.19-0.18-0.160.240.590.53-0.110.390.740.720.620.710.630.430.240.730.340.74-0.52
0.060.390.4-0.08-0.38-0.580.36-0.39-0.36-0.350.720.35-0.3-0.320.250.960.050.210.630.41-0.10.67-0.330.47-0.51
-0.030.180.46-0.22-0.12-0.630.20.080.08-0.040.290.430.11-0.090.30.27-0.08-0.010.430.410.150.5-0.090.42-0.26
0.750.690.750.55-0.37-0.370.210.760.760.710.530.80.81-0.160.58-0.130.650.130.24-0.10.150.550.80.61-0.38
0.550.570.860.3-0.35-0.880.480.260.280.380.910.840.37-0.180.770.670.50.240.730.670.50.550.380.95-0.59
0.880.40.470.820.16-0.16-0.040.650.650.950.230.520.660.370.76-0.20.860.460.34-0.33-0.090.80.380.6-0.2
0.710.490.810.5-0.16-0.790.330.350.370.620.780.80.450.040.90.530.670.390.740.470.420.610.950.6-0.57
-0.52-0.68-0.65-0.330.470.49-0.070.180.17-0.16-0.6-0.660.080.07-0.29-0.57-0.37-0.32-0.52-0.51-0.26-0.38-0.59-0.2-0.57
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Gryphon Digital Account Relationship Matchups

Gryphon Digital balance sheet Accounts

201920202021202220232024 (projected)
Total Assets58.5M24.5M77.2M94.5M19.5M18.8M
Other Current Liab(5.6M)2.7M24.3M7.3M2.3M4.4M
Total Current Liabilities391.7K2.4M15.7M29.2M22.5M19.4M
Total Stockholder Equity58.1M22.1M57.5M59.9M(4.8M)(599K)
Net Tangible Assets1.5M(16.1M)(18.3M)(11.5M)(10.4M)(9.9M)
Retained Earnings(31.5K)(25.2M)(57.9M)(88.5M)(167.6M)(179.1M)
Accounts Payable314.4K1.3M513.6K1.7M1.4M2.2M
Cash4.5K21.9M18.3M13.1M7.9M915K
Cash And Short Term Investments21.9M18.3M13.1M7.9M1.3M1.3M
Other Current Assets1.1M1.6M3.6M2.4M3.6M2.0M
Total Liab391.7K2.4M19.6M34.5M24.3M19.4M
Total Current Assets21.0K24.5M22.6M18.1M10.7M5.4M
Common Stock1.1K2.0K155.023.052.049.4
Net Debt(5.5M)(2.7M)4.2M6.7M14.0M14.7M
Non Current Assets Total58.5M30.8M54.6M76.4M8.7M13.4M
Non Currrent Assets Other58.5M41.9K11.3M29.8M8.6M420K
Common Stock Shares Outstanding302.3K40.1K13.4M20.9M25.0M26.2M
Liabilities And Stockholders Equity24.5M77.2M94.5M19.5M18.8M17.9M
Other Stockholder Equity47.3M95.1M148.5M160.6M178.6M99.8M
Net Invested Capital58.1M48.2M74.9M7.6M8.7M8.3M
Net Working Capital(370.8K)16.0M(10.9M)(7.8M)(7.0M)(6.7M)

Pair Trading with Gryphon Digital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gryphon Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gryphon Digital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gryphon Stock

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Moving against Gryphon Stock

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The ability to find closely correlated positions to Gryphon Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gryphon Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gryphon Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gryphon Digital Mining to buy it.
The correlation of Gryphon Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gryphon Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gryphon Digital Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gryphon Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Gryphon Stock Analysis

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