Gryphon Historical Cash Flow
| GRYP Stock | 0.69 0.03 4.55% |
Analysis of Gryphon Digital cash flow over time is an excellent tool to project Gryphon Digital Mining future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Change To Operating Activities of 252.6 K or Total Cash From Financing Activities of 58.1 M as it is a great indicator of Gryphon Digital ability to facilitate future growth, repay debt on time or pay out dividends.
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.
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About Gryphon Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Gryphon balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Gryphon's non-liquid assets can be easily converted into cash.
Gryphon Digital Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Gryphon Digital's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Issuance Of Capital Stock is relatively stable compared to the past year.
Gryphon Digital cash flow statement Correlations
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Gryphon Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gryphon Digital cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | 1M | 10M | (1K) | (5.3M) | (4.7M) | (4.5M) | |
| Change In Cash | (20.7K) | 19.8M | (4.0M) | (5.3M) | (5.2M) | 646K | |
| Total Cashflows From Investing Activities | (3.6M) | (14.3M) | (10.5M) | (4.0M) | (3.6M) | (3.4M) | |
| Other Cashflows From Financing Activities | 18.8M | (7.1M) | 1.3M | (5.3M) | (609K) | (578.6K) | |
| Total Cash From Operating Activities | (609.0K) | (9.0M) | (8.7M) | (8.2M) | (10.9M) | 3.0M | |
| Change To Operating Activities | (651.7K) | (1.3M) | (9.0K) | 267.3K | 240.5K | 252.6K | |
| Net Income | (30.0K) | (12.3M) | (33.9M) | (31.1M) | (46.3M) | (28.6M) | |
| Total Cash From Financing Activities | 58.1M | 10M | 9.5M | 14.7M | 8.6M | (109K) | |
| Change To Netincome | (349.4K) | 16.5M | 17.8M | 62.6M | 72.0M | 75.6M | |
| Change To Liabilities | 1.3M | (5.2M) | (1.7M) | (3.1M) | (2.8M) | (2.7M) | |
| Depreciation | 1.3M | 4.0M | 5.2M | 4.4M | 15.0M | 15.7M | |
| End Period Cash Flow | 25.2K | 22.4M | 18.3M | 13.1M | 7.9M | 915K | |
| Free Cash Flow | (12.3M) | (10.6M) | (13.6M) | (15.3M) | 1.1M | 1.2M | |
| Change In Working Capital | (972.1K) | (2.2M) | 1.4M | (2.6M) | 17.8M | 18.7M | |
| Begin Period Cash Flow | 2.6M | 22.4M | 18.3M | 13.1M | 269K | 255.6K | |
| Other Non Cash Items | 345.9K | 32.9M | 26.5M | 42.6M | (1.0M) | (952.9K) |
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
Moving against Gryphon Stock
| 0.39 | WKEY | Wisekey International | PairCorr |
| 0.34 | DM | Desktop Metal | PairCorr |
| 0.32 | XTIA | XTI Aerospace, Symbol Change | PairCorr |
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.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.