HIVE Total Liab vs Common Stock Total Equity Analysis

HIVE Stock  USD 4.04  0.38  10.38%   
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 Total Liab and its Common Stock Total Equity 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.

Total Liab vs Common Stock Total Equity

Total Liab vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Total Liab account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between HIVE Blockchain's Total Liab and Common Stock Total Equity is 0.67. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Total Equity 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 Total Liab and Common Stock Total Equity 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 Liab of HIVE Blockchain Technologies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Liab i.e., HIVE Blockchain's Total Liab and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 Revenue140.4M73.0M
Research Development41.0M39.2M

HIVE Blockchain fundamental ratios Correlations

0.950.460.941.00.970.82-0.590.380.350.970.770.70.460.82-0.4-0.040.950.970.450.90.620.89-0.65-0.53-0.19
0.950.490.910.940.910.77-0.650.370.50.930.790.780.530.86-0.21-0.050.970.920.480.910.680.83-0.71-0.43-0.22
0.460.490.410.460.430.41-0.18-0.260.210.470.450.310.450.24-0.15-0.320.430.430.410.36-0.090.33-0.62-0.23-0.56
0.940.910.410.940.930.86-0.80.370.230.880.570.570.40.88-0.52-0.090.930.950.370.970.630.96-0.7-0.67-0.25
1.00.940.460.940.970.82-0.570.40.330.980.780.690.480.81-0.42-0.020.930.970.470.890.60.89-0.62-0.53-0.21
0.970.910.430.930.970.93-0.540.390.150.980.710.530.440.77-0.33-0.040.90.910.430.860.570.91-0.6-0.44-0.17
0.820.770.410.860.820.93-0.520.26-0.150.850.450.220.290.62-0.3-0.190.780.760.30.760.440.92-0.57-0.4-0.12
-0.59-0.65-0.18-0.8-0.57-0.54-0.52-0.37-0.26-0.46-0.16-0.43-0.26-0.860.510.01-0.69-0.69-0.15-0.88-0.57-0.70.620.690.33
0.380.37-0.260.370.40.390.26-0.370.240.430.460.340.540.52-0.060.850.270.310.580.450.470.270.24-0.07-0.17
0.350.50.210.230.330.15-0.15-0.260.240.30.640.90.450.480.150.190.440.380.350.360.480.03-0.31-0.03-0.18
0.970.930.470.880.980.980.85-0.460.430.30.840.650.550.75-0.250.040.890.890.550.830.60.84-0.56-0.36-0.21
0.770.790.450.570.780.710.45-0.160.460.640.840.80.740.570.040.290.670.670.730.570.540.45-0.32-0.07-0.28
0.70.780.310.570.690.530.22-0.430.340.90.650.80.460.72-0.080.110.750.720.380.660.610.4-0.52-0.27-0.14
0.460.530.450.40.480.440.29-0.260.540.450.550.740.460.470.050.530.330.340.960.450.450.24-0.12-0.02-0.74
0.820.860.240.880.810.770.62-0.860.520.480.750.570.720.47-0.320.110.870.850.340.960.750.75-0.67-0.51-0.33
-0.4-0.21-0.15-0.52-0.42-0.33-0.30.51-0.060.15-0.250.04-0.080.05-0.320.11-0.29-0.54-0.02-0.46-0.08-0.550.250.870.18
-0.04-0.05-0.32-0.09-0.02-0.04-0.190.010.850.190.040.290.110.530.110.11-0.19-0.130.590.010.11-0.210.590.15-0.25
0.950.970.430.930.930.90.78-0.690.270.440.890.670.750.330.87-0.29-0.190.950.270.920.670.87-0.78-0.49-0.09
0.970.920.430.950.970.910.76-0.690.310.380.890.670.720.340.85-0.54-0.130.950.320.930.60.9-0.71-0.66-0.16
0.450.480.410.370.470.430.3-0.150.580.350.550.730.380.960.34-0.020.590.270.320.370.360.250.04-0.05-0.63
0.90.910.360.970.890.860.76-0.880.450.360.830.570.660.450.96-0.460.010.920.930.370.680.88-0.7-0.64-0.31
0.620.68-0.090.630.60.570.44-0.570.470.480.60.540.610.450.75-0.080.110.670.60.360.680.58-0.41-0.16-0.13
0.890.830.330.960.890.910.92-0.70.270.030.840.450.40.240.75-0.55-0.210.870.90.250.880.58-0.63-0.66-0.1
-0.65-0.71-0.62-0.7-0.62-0.6-0.570.620.24-0.31-0.56-0.32-0.52-0.12-0.670.250.59-0.78-0.710.04-0.7-0.41-0.630.430.26
-0.53-0.43-0.23-0.67-0.53-0.44-0.40.69-0.07-0.03-0.36-0.07-0.27-0.02-0.510.870.15-0.49-0.66-0.05-0.64-0.16-0.660.430.2
-0.19-0.22-0.56-0.25-0.21-0.17-0.120.33-0.17-0.18-0.21-0.28-0.14-0.74-0.330.18-0.25-0.09-0.16-0.63-0.31-0.13-0.10.260.2
Click cells to compare fundamentals

HIVE Blockchain Account Relationship Matchups

HIVE Blockchain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.1M178.3M452.3M196.1M307.6M323.0M
Short Long Term Debt Total5.1M30.9M43.3M35.4M30.7M32.3M
Other Current Liab830.7K73.1K4.6M2.5M3.1M3.3M
Total Current Liabilities7.2M9.9M26.2M21.9M27.4M28.7M
Total Stockholder Equity21.1M134.5M389.1M148.8M259.7M272.7M
Property Plant And Equipment Net8.9M24.7M190.1M98.2M103.8M109.0M
Net Debt(73.1K)(9.4M)38.0M31.0M21.0M22.1M
Retained Earnings(173.2M)(130.6M)(60.2M)(296.7M)(347.9M)(330.5M)
Accounts Payable2.1M3.5M7.8M6.9M7.5M4.8M
Cash5.1M40.3M5.3M4.4M9.7M5.6M
Non Current Assets Total10.8M70.8M252.0M113.6M122.4M128.5M
Non Currrent Assets Other1.6M45.5M61.5M15.4M18.5M18.4M
Cash And Short Term Investments5.1M41.3M22.3M7.2M16.7M17.5M
Net Receivables9.1M6.8M8.0M9.4M6.9M4.4M
Common Stock Shares Outstanding65.4M73.3M84.8M82.9M90.0M94.5M
Liabilities And Stockholders Equity29.1M178.3M452.3M196.1M307.6M323.0M
Other Current Assets3.5M57.5M1.9M75.3M(161.6M)(153.6M)
Other Stockholder Equity5.7M5.2M6.3M(731.0)(840.65)(798.62)
Total Liab8.0M43.9M63.2M47.3M47.9M50.3M
Total Current Assets18.3M107.5M200.3M82.5M185.2M194.5M
Short Term Debt4.3M6.3M12.8M11.9M12.6M6.4M
Common Stock188.5M259.9M413.7M419.2M499.2M524.2M
Property Plant And Equipment Gross8.9M24.7M342.8M273.7M339.8M356.8M
Accumulated Other Comprehensive Income5.7M5.2M35.6M26.3M108.4M113.8M
Non Current Liabilities Total775.5K34.0M37.1M25.4M20.5M22.3M
Inventory3.5M57.5M170.0M65.9M161.6M169.7M
Short Term Investments3.5M981.7K17.0M2.9M7.0M11.6M
Net Tangible Assets21.9M21.1M133.9M388.7M447.0M469.4M
Net Invested Capital23.8M162.3M419.7M173.8M282.2M194.5M
Net Working Capital11.1M97.7M174.1M60.6M157.9M86.3M
Property Plant Equipment12.1M8.7M24.6M190.1M218.7M229.6M
Short Long Term Debt2.7M4.4M10.6M8.4M10.1M7.1M
Capital Stock188.5M259.9M413.7M419.2M499.2M360.9M

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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.