Gryphon Total Stockholder Equity vs Net 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 Total Stockholder Equity and its Net 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.

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gryphon Digital Mining Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Gryphon Digital's Total Stockholder Equity and Net Debt is 0.1. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net 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 Total Stockholder Equity and Net 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 Total Stockholder Equity of Gryphon Digital Mining are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Gryphon Digital's Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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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