HIVE Operating Profit Margin vs Net Profit Margin Analysis
HIVE Stock | USD 4.08 0.04 0.99% |
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 Operating Profit Margin and its Net Profit Margin 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.
Operating Profit Margin vs Net Profit Margin
Operating Profit Margin vs Net Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Operating Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HIVE Blockchain's Operating Profit Margin and Net Profit Margin is 0.96. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Net Profit Margin 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 Operating Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of HIVE Blockchain Technologies are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Operating Profit Margin i.e., HIVE Blockchain's Operating Profit Margin and Net Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Profit Margin
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.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 | 74.1M | 65.7M | 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 |
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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 Stocks Directory module to find actively traded stocks across global markets.
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.