Marathon Sale Purchase Of Stock vs Cash And Cash Equivalents Changes Analysis

MARA Stock  USD 27.42  0.50  1.86%   
Marathon Digital financial indicator trend analysis is infinitely more than just investigating Marathon Digital Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Digital Holdings is a good investment. Please check the relationship between Marathon Digital Sale Purchase Of Stock and its Cash And Cash Equivalents Changes accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Sale Purchase Of Stock vs Cash And Cash Equivalents Changes

Sale Purchase Of Stock vs Cash And Cash Equivalents Changes Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Digital Holdings Sale Purchase Of Stock account and Cash And Cash Equivalents Changes. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marathon Digital's Sale Purchase Of Stock and Cash And Cash Equivalents Changes is 0.49. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Cash And Cash Equivalents Changes in the same time period over historical financial statements of Marathon Digital Holdings, assuming nothing else is changed. The correlation between historical values of Marathon Digital's Sale Purchase Of Stock and Cash And Cash Equivalents Changes is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Marathon Digital Holdings are associated (or correlated) with its Cash And Cash Equivalents Changes. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Cash Equivalents Changes has no effect on the direction of Sale Purchase Of Stock i.e., Marathon Digital's Sale Purchase Of Stock and Cash And Cash Equivalents Changes go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Sale Purchase Of Stock

Cash And Cash Equivalents Changes

Most indicators from Marathon Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon Digital Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Marathon Digital's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 318.1 K, whereas Tax Provision is projected to grow to (19.6 M).

Marathon Digital fundamental ratios Correlations

0.70.790.770.950.90.36-0.80.770.960.980.660.910.87-0.860.970.70.970.920.970.790.970.960.420.70.94
0.70.530.490.450.810.9-0.720.470.560.810.990.670.61-0.650.61.00.720.380.570.980.540.570.931.00.42
0.790.530.90.750.530.35-0.920.510.660.840.540.480.72-0.940.80.520.850.810.860.630.690.840.330.530.77
0.770.490.90.740.530.28-0.720.750.680.780.460.570.58-0.770.730.480.770.770.790.590.710.760.260.490.76
0.950.450.750.740.780.07-0.70.770.970.880.410.850.83-0.80.960.450.910.990.970.580.990.960.130.460.99
0.90.810.530.530.780.51-0.670.690.90.880.770.950.78-0.680.870.810.870.690.80.860.870.820.620.810.72
0.360.90.350.280.070.51-0.550.170.170.540.930.320.33-0.430.250.90.420.020.230.850.160.240.980.90.06
-0.8-0.72-0.92-0.72-0.7-0.67-0.55-0.38-0.66-0.88-0.74-0.53-0.790.98-0.82-0.71-0.91-0.73-0.85-0.77-0.68-0.84-0.56-0.72-0.69
0.770.470.510.750.770.690.17-0.380.80.70.390.840.48-0.470.690.470.660.70.690.560.810.660.20.470.77
0.960.560.660.680.970.90.17-0.660.80.880.510.950.83-0.750.960.560.920.920.940.661.00.940.260.560.93
0.980.810.840.780.880.880.54-0.880.70.880.780.840.87-0.910.930.80.980.850.940.890.890.930.570.810.86
0.660.990.540.460.410.770.93-0.740.390.510.780.610.6-0.660.570.990.70.340.540.970.490.550.960.990.37
0.910.670.480.570.850.950.32-0.530.840.950.840.610.73-0.60.860.670.830.760.810.740.930.810.420.670.81
0.870.610.720.580.830.780.33-0.790.480.830.870.60.73-0.830.890.610.890.820.880.690.830.890.390.620.81
-0.86-0.65-0.94-0.77-0.8-0.68-0.430.98-0.47-0.75-0.91-0.66-0.6-0.83-0.89-0.65-0.94-0.84-0.92-0.73-0.77-0.91-0.45-0.66-0.8
0.970.60.80.730.960.870.25-0.820.690.960.930.570.860.89-0.890.60.980.940.980.70.960.990.330.610.93
0.71.00.520.480.450.810.9-0.710.470.560.80.990.670.61-0.650.60.720.380.560.980.540.570.931.00.42
0.970.720.850.770.910.870.42-0.910.660.920.980.70.830.89-0.940.980.720.90.970.810.920.970.480.720.89
0.920.380.810.770.990.690.02-0.730.70.920.850.340.760.82-0.840.940.380.90.970.510.940.960.060.390.99
0.970.570.860.790.970.80.23-0.850.690.940.940.540.810.88-0.920.980.560.970.970.680.950.990.280.570.96
0.790.980.630.590.580.860.85-0.770.560.660.890.970.740.69-0.730.70.980.810.510.680.650.680.880.980.55
0.970.540.690.710.990.870.16-0.680.811.00.890.490.930.83-0.770.960.540.920.940.950.650.950.240.550.96
0.960.570.840.760.960.820.24-0.840.660.940.930.550.810.89-0.910.990.570.970.960.990.680.950.30.580.94
0.420.930.330.260.130.620.98-0.560.20.260.570.960.420.39-0.450.330.930.480.060.280.880.240.30.930.09
0.71.00.530.490.460.810.9-0.720.470.560.810.990.670.62-0.660.611.00.720.390.570.980.550.580.930.42
0.940.420.770.760.990.720.06-0.690.770.930.860.370.810.81-0.80.930.420.890.990.960.550.960.940.090.42
Click cells to compare fundamentals

Marathon Digital Account Relationship Matchups

Marathon Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M313.3M1.4B1.2B2.0B2.1B
Short Long Term Debt Total1.2M184.1K728.4M783.5M326.1M190.5M
Other Current Liab12.8K322.4K867.3K24.2M22.2M23.3M
Total Current Liabilities1.9M1.4M13.8M26.1M33.8M35.4M
Total Stockholder Equity3.6M311.7M683.0M385.9M1.6B1.7B
Net Tangible Assets2.6M310.7M682.1M385.9M443.8M466.0M
Net Debt514.6K(141.1M)459.9M679.8M(31.2M)(29.6M)
Retained Earnings(105.6M)(116.1M)(152.2M)(840.3M)(567.6M)(539.3M)
Accounts Payable1.2M999.7K12.9M1.3M11.3M11.9M
Cash693.0K141.3M268.5M103.7M357.3M375.2M
Non Current Assets Total5.1M26.8M760.1M917.7M961.2M1.0B
Non Currrent Assets Other(5.1M)8.4M479.9M606.4M182.4M127.5M
Cash And Short Term Investments693.0K141.3M492.3M103.7M357.3M375.2M
Common Stock Total Equity846.08.2K10.3K15K17.3K18.1K
Retained Earnings Total Equity(105.6M)(116.1M)(152.2M)(840.3M)(756.3M)(718.5M)
Common Stock Shares Outstanding6.7M81.4M99.3M113.5M192.3M201.9M
Liabilities And Stockholders Equity6.6M313.3M1.4B1.2B2.0B2.1B
Non Current Liabilities Total1.1M62.5K751.4M783.2M341.3M175.9M
Capital Surpluse109.7M428.2M835.7M1.2B1.4B1.5B
Other Current Assets801.2K70.3M131.4M173.8M656.2M689.0M
Other Stockholder Equity109.7M428.2M835.7M1.2B2.2B2.3B
Total Liab3.0M1.5M765.2M809.3M375.1M393.8M
Total Current Assets1.5M286.4M688.2M277.5M1.0B1.1B
Common Stock846.08.2K10.3K15K24K25.2K
Intangible Assets1.1M1.0M931.2K194.2K242K229.9K
Property Plant Equipment3.8M17.4M276.2M273.0M314.0M329.7M
Property Plant And Equipment Net4.1M17.4M276.2M274.1M672.2M705.8M
Property Plant And Equipment Gross4.1M17.4M297.6M290.7M868.2M911.6M

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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 Marathon Digital Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Digital Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Digital Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Application Software 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 Marathon Digital. If investors know Marathon 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 Marathon Digital 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
0.764
Earnings Share
0.83
Revenue Per Share
2.257
Quarterly Revenue Growth
0.345
Return On Assets
(0.01)
The market value of Marathon Digital Holdings is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Digital's value that differs from its market value or its book value, called intrinsic value, which is Marathon Digital'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 Marathon Digital's market value can be influenced by many factors that don't directly affect Marathon Digital'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 Marathon Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Digital'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.