HIVE Capital Stock vs Good Will Analysis
| HIVE Stock | USD 4.09 0.09 2.25% |
HIVE Blockchain financial indicator trend analysis is much more than just examining HIVE Blockchain Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HIVE Blockchain Tech is a good investment. Please check the relationship between HIVE Blockchain Capital Stock and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HIVE Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Capital Stock vs Good Will
Capital Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Capital Stock account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between HIVE Blockchain's Capital Stock and Good Will is -0.53. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of HIVE Blockchain Technologies, assuming nothing else is changed. The correlation between historical values of HIVE Blockchain's Capital Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of HIVE Blockchain Technologies are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., HIVE Blockchain's Capital Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from HIVE Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HIVE Blockchain Tech 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 HIVE Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, HIVE Blockchain's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 13.83, whereas Issuance Of Capital Stock is forecasted to decline to about 29 M.
| 2023 | 2024 (projected) | Cost Of Revenue | 140.4M | 73.0M | Research Development | 41.0M | 39.2M |
HIVE Blockchain fundamental ratios Correlations
Click cells to compare fundamentals
HIVE Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HIVE Blockchain fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 29.1M | 178.3M | 452.3M | 196.1M | 307.6M | 323.0M | |
| Short Long Term Debt Total | 5.1M | 30.9M | 43.3M | 35.4M | 30.7M | 32.3M | |
| Other Current Liab | 830.7K | 73.1K | 4.6M | 2.5M | 3.1M | 3.3M | |
| Total Current Liabilities | 7.2M | 9.9M | 26.2M | 21.9M | 27.4M | 28.7M | |
| Total Stockholder Equity | 21.1M | 134.5M | 389.1M | 148.8M | 259.7M | 272.7M | |
| Property Plant And Equipment Net | 8.9M | 24.7M | 190.1M | 98.2M | 103.8M | 109.0M | |
| Net Debt | (73.1K) | (9.4M) | 38.0M | 31.0M | 21.0M | 22.1M | |
| Retained Earnings | (173.2M) | (130.6M) | (60.2M) | (296.7M) | (347.9M) | (330.5M) | |
| Accounts Payable | 2.1M | 3.5M | 7.8M | 6.9M | 7.5M | 4.8M | |
| Cash | 5.1M | 40.3M | 5.3M | 4.4M | 9.7M | 5.6M | |
| Non Current Assets Total | 10.8M | 70.8M | 252.0M | 113.6M | 122.4M | 128.5M | |
| Non Currrent Assets Other | 1.6M | 45.5M | 61.5M | 15.4M | 18.5M | 18.4M | |
| Cash And Short Term Investments | 5.1M | 41.3M | 22.3M | 7.2M | 16.7M | 17.5M | |
| Net Receivables | 9.1M | 6.8M | 8.0M | 9.4M | 6.9M | 4.4M | |
| Common Stock Shares Outstanding | 65.4M | 73.3M | 84.8M | 82.9M | 90.0M | 94.5M | |
| Liabilities And Stockholders Equity | 29.1M | 178.3M | 452.3M | 196.1M | 307.6M | 323.0M | |
| Other Current Assets | 3.5M | 57.5M | 1.9M | 75.3M | (161.6M) | (153.6M) | |
| Other Stockholder Equity | 5.7M | 5.2M | 6.3M | (731.0) | (840.65) | (798.62) | |
| Total Liab | 8.0M | 43.9M | 63.2M | 47.3M | 47.9M | 50.3M | |
| Total Current Assets | 18.3M | 107.5M | 200.3M | 82.5M | 185.2M | 194.5M | |
| Short Term Debt | 4.3M | 6.3M | 12.8M | 11.9M | 12.6M | 6.4M | |
| Common Stock | 188.5M | 259.9M | 413.7M | 419.2M | 499.2M | 524.2M | |
| Property Plant And Equipment Gross | 8.9M | 24.7M | 342.8M | 273.7M | 339.8M | 356.8M | |
| Accumulated Other Comprehensive Income | 5.7M | 5.2M | 35.6M | 26.3M | 108.4M | 113.8M | |
| Non Current Liabilities Total | 775.5K | 34.0M | 37.1M | 25.4M | 20.5M | 22.3M | |
| Inventory | 3.5M | 57.5M | 170.0M | 65.9M | 161.6M | 169.7M | |
| Short Term Investments | 3.5M | 981.7K | 17.0M | 2.9M | 7.0M | 11.6M | |
| Net Tangible Assets | 21.9M | 21.1M | 133.9M | 388.7M | 447.0M | 469.4M | |
| Net Invested Capital | 23.8M | 162.3M | 419.7M | 173.8M | 282.2M | 194.5M | |
| Net Working Capital | 11.1M | 97.7M | 174.1M | 60.6M | 157.9M | 86.3M | |
| Property Plant Equipment | 12.1M | 8.7M | 24.6M | 190.1M | 218.7M | 229.6M | |
| Short Long Term Debt | 2.7M | 4.4M | 10.6M | 8.4M | 10.1M | 7.1M | |
| Capital Stock | 188.5M | 259.9M | 413.7M | 419.2M | 499.2M | 360.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HIVE Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HIVE Blockchain. If investors know HIVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.217 | Earnings Share (0.13) | Revenue Per Share 1.171 | Quarterly Revenue Growth (0.01) | Return On Assets (0.08) |
The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.