Gryphon Retained Earnings vs Long Term Debt Analysis

GRYP Stock

0.66 0.01 1.49%

Gryphon Digital financial indicator trend analysis is much more than just examining Gryphon Digital Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gryphon Digital Mining is a good investment. Please check the relationship between Gryphon Digital Retained Earnings and its Long Term Debt accounts. 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.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gryphon Digital Mining Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Gryphon Digital's Retained Earnings and Long Term Debt is 0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Gryphon Digital Mining, assuming nothing else is changed. The correlation between historical values of Gryphon Digital's Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Gryphon Digital Mining are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Gryphon Digital's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Long Term Debt

Long-term debt is a debt that Gryphon Digital Mining has held for over one year. Long-term debt appears on Gryphon Digital Mining balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Gryphon Digital Mining balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Gryphon Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to about 79.5 K, while Enterprise Value Multiple is likely to drop (32.48).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	12.6M	9.3M	13.5M	8.3M
Research Development	5.9M	4.1M	2.3M	2.2M

Cost Of Revenue Research Development

Gryphon Digital fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Net Invested Capital	Short Long Term Debt	Net Working Capital
Total Assets		0.62	0.53	0.94	-0.02	-0.2	-0.09	0.4	0.42	0.8	0.42	0.58	0.43	0.29	0.79	0.19	0.97	0.71	0.58	0.06	-0.03	0.75	0.55	0.88	0.71	-0.52
Other Current Liab	0.62		0.76	0.41	-0.46	-0.4	0.32	0.12	0.12	0.17	0.69	0.79	0.21	-0.12	0.35	0.35	0.52	0.32	0.56	0.39	0.18	0.69	0.57	0.4	0.49	-0.68
Total Current Liabilities	0.53	0.76		0.21	-0.48	-0.85	0.59	0.38	0.38	0.38	0.86	1.0	0.51	-0.2	0.58	0.36	0.4	0.03	0.56	0.4	0.46	0.75	0.86	0.47	0.81	-0.65
Total Stockholder Equity	0.94	0.41	0.21		0.17	0.1	-0.33	0.3	0.32	0.77	0.14	0.27	0.28	0.43	0.69	0.1	0.97	0.82	0.47	-0.08	-0.22	0.55	0.3	0.82	0.5	-0.33
Net Tangible Assets	-0.02	-0.46	-0.48	0.17		0.32	-0.46	-0.24	-0.25	0.19	-0.56	-0.48	-0.32	0.84	0.16	-0.23	0.14	0.4	0.16	-0.38	-0.12	-0.37	-0.35	0.16	-0.16	0.47
Retained Earnings	-0.2	-0.4	-0.85	0.1	0.32		-0.67	-0.17	-0.17	-0.17	-0.81	-0.81	-0.3	0.19	-0.54	-0.52	-0.12	0.1	-0.57	-0.58	-0.63	-0.37	-0.88	-0.16	-0.79	0.49
Accounts Payable	-0.09	0.32	0.59	-0.33	-0.46	-0.67		0.22	0.21	-0.14	0.63	0.54	0.33	-0.35	0.14	0.25	-0.15	-0.4	0.19	0.36	0.2	0.21	0.48	-0.04	0.33	-0.07
Cash	0.4	0.12	0.38	0.3	-0.24	-0.17	0.22		1.0	0.68	0.17	0.42	0.99	-0.26	0.43	-0.47	0.35	-0.19	-0.18	-0.39	0.08	0.76	0.26	0.65	0.35	0.18
Cash And Short Term Investments	0.42	0.12	0.38	0.32	-0.25	-0.17	0.21	1.0		0.69	0.19	0.42	0.99	-0.27	0.46	-0.44	0.37	-0.16	-0.16	-0.36	0.08	0.76	0.28	0.65	0.37	0.17
Net Receivables	0.8	0.17	0.38	0.77	0.19	-0.17	-0.14	0.68	0.69		0.15	0.43	0.68	0.34	0.77	-0.22	0.78	0.39	0.24	-0.35	-0.04	0.71	0.38	0.95	0.62	-0.16
Other Current Assets	0.42	0.69	0.86	0.14	-0.56	-0.81	0.63	0.17	0.19	0.15		0.84	0.3	-0.41	0.52	0.67	0.34	0.05	0.59	0.72	0.29	0.53	0.91	0.23	0.78	-0.6
Total Liab	0.58	0.79	1.0	0.27	-0.48	-0.81	0.54	0.42	0.42	0.43	0.84		0.54	-0.2	0.59	0.31	0.45	0.05	0.53	0.35	0.43	0.8	0.84	0.52	0.8	-0.66
Total Current Assets	0.43	0.21	0.51	0.28	-0.32	-0.3	0.33	0.99	0.99	0.68	0.3	0.54		-0.29	0.48	-0.38	0.37	-0.21	-0.11	-0.3	0.11	0.81	0.37	0.66	0.45	0.08
Common Stock	0.29	-0.12	-0.2	0.43	0.84	0.19	-0.35	-0.26	-0.27	0.34	-0.41	-0.2	-0.29		0.31	-0.11	0.38	0.63	0.39	-0.32	-0.09	-0.16	-0.18	0.37	0.04	0.07
Short Long Term Debt Total	0.79	0.35	0.58	0.69	0.16	-0.54	0.14	0.43	0.46	0.77	0.52	0.59	0.48	0.31		0.35	0.83	0.59	0.74	0.25	0.3	0.58	0.77	0.76	0.9	-0.29
Net Debt	0.19	0.35	0.36	0.1	-0.23	-0.52	0.25	-0.47	-0.44	-0.22	0.67	0.31	-0.38	-0.11	0.35		0.21	0.4	0.72	0.96	0.27	-0.13	0.67	-0.2	0.53	-0.57
Non Current Assets Total	0.97	0.52	0.4	0.97	0.14	-0.12	-0.15	0.35	0.37	0.78	0.34	0.45	0.37	0.38	0.83	0.21		0.8	0.62	0.05	-0.08	0.65	0.5	0.86	0.67	-0.37
Non Currrent Assets Other	0.71	0.32	0.03	0.82	0.4	0.1	-0.4	-0.19	-0.16	0.39	0.05	0.05	-0.21	0.63	0.59	0.4	0.8		0.71	0.21	-0.01	0.13	0.24	0.46	0.39	-0.32
Common Stock Total Equity	0.58	0.56	0.56	0.47	0.16	-0.57	0.19	-0.18	-0.16	0.24	0.59	0.53	-0.11	0.39	0.74	0.72	0.62	0.71		0.63	0.43	0.24	0.73	0.34	0.74	-0.52
Common Stock Shares Outstanding	0.06	0.39	0.4	-0.08	-0.38	-0.58	0.36	-0.39	-0.36	-0.35	0.72	0.35	-0.3	-0.32	0.25	0.96	0.05	0.21	0.63		0.41	-0.1	0.67	-0.33	0.47	-0.51
Short Term Investments	-0.03	0.18	0.46	-0.22	-0.12	-0.63	0.2	0.08	0.08	-0.04	0.29	0.43	0.11	-0.09	0.3	0.27	-0.08	-0.01	0.43	0.41		0.15	0.5	-0.09	0.42	-0.26
Non Current Liabilities Total	0.75	0.69	0.75	0.55	-0.37	-0.37	0.21	0.76	0.76	0.71	0.53	0.8	0.81	-0.16	0.58	-0.13	0.65	0.13	0.24	-0.1	0.15		0.55	0.8	0.61	-0.38
Other Stockholder Equity	0.55	0.57	0.86	0.3	-0.35	-0.88	0.48	0.26	0.28	0.38	0.91	0.84	0.37	-0.18	0.77	0.67	0.5	0.24	0.73	0.67	0.5	0.55		0.38	0.95	-0.59
Net Invested Capital	0.88	0.4	0.47	0.82	0.16	-0.16	-0.04	0.65	0.65	0.95	0.23	0.52	0.66	0.37	0.76	-0.2	0.86	0.46	0.34	-0.33	-0.09	0.8	0.38		0.6	-0.2
Short Long Term Debt	0.71	0.49	0.81	0.5	-0.16	-0.79	0.33	0.35	0.37	0.62	0.78	0.8	0.45	0.04	0.9	0.53	0.67	0.39	0.74	0.47	0.42	0.61	0.95	0.6		-0.57
Net Working Capital	-0.52	-0.68	-0.65	-0.33	0.47	0.49	-0.07	0.18	0.17	-0.16	-0.6	-0.66	0.08	0.07	-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 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	58.5M	24.5M	77.2M	94.5M	19.5M	18.8M
Other Current Liab	(5.6M)	2.7M	24.3M	7.3M	2.3M	4.4M
Total Current Liabilities	391.7K	2.4M	15.7M	29.2M	22.5M	19.4M
Total Stockholder Equity	58.1M	22.1M	57.5M	59.9M	(4.8M)	(599K)
Net Tangible Assets	1.5M	(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 Payable	314.4K	1.3M	513.6K	1.7M	1.4M	2.2M
Cash	4.5K	21.9M	18.3M	13.1M	7.9M	915K
Cash And Short Term Investments	21.9M	18.3M	13.1M	7.9M	1.3M	1.3M
Other Current Assets	1.1M	1.6M	3.6M	2.4M	3.6M	2.0M
Total Liab	391.7K	2.4M	19.6M	34.5M	24.3M	19.4M
Total Current Assets	21.0K	24.5M	22.6M	18.1M	10.7M	5.4M
Common Stock	1.1K	2.0K	155.0	23.0	52.0	49.4
Net Debt	(5.5M)	(2.7M)	4.2M	6.7M	14.0M	14.7M
Non Current Assets Total	58.5M	30.8M	54.6M	76.4M	8.7M	13.4M
Non Currrent Assets Other	58.5M	41.9K	11.3M	29.8M	8.6M	420K
Common Stock Shares Outstanding	302.3K	40.1K	13.4M	20.9M	25.0M	26.2M
Liabilities And Stockholders Equity	24.5M	77.2M	94.5M	19.5M	18.8M	17.9M
Other Stockholder Equity	47.3M	95.1M	148.5M	160.6M	178.6M	99.8M
Net Invested Capital	58.1M	48.2M	74.9M	7.6M	8.7M	8.3M
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

0.67

ANY

Sphere 3D Corp

Pair Corr

Moving against Gryphon Stock

0.39	WKEY	Wisekey International	Pair Corr
0.34	DM	Desktop Metal	Pair Corr
0.32	XTIA	XTI Aerospace, Symbol Change	Pair Corr

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 Correlation Correlation 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.

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