Riot Minority Interest vs Operating Income Analysis

RIOT Stock  USD 13.97  0.06  0.43%   
Riot Blockchain financial indicator trend analysis is much more than just breaking down Riot Blockchain prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riot Blockchain is a good investment. Please check the relationship between Riot Blockchain Minority Interest and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riot Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Riot Stock please use our How to Invest in Riot Blockchain guide.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riot Blockchain Minority Interest account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Riot Blockchain's Minority Interest and Operating Income is 0.08. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Riot Blockchain, assuming nothing else is changed. The correlation between historical values of Riot Blockchain's Minority Interest and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Riot Blockchain are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Riot Blockchain's Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Riot Blockchain whose combined shares represent less than 50% of the total outstanding shares issued by Riot Blockchain have a minority interest in Riot Blockchain.

Operating Income

Operating Income is the amount of profit realized from Riot Blockchain operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Riot Blockchain is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Riot Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riot Blockchain 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riot Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Riot Stock please use our How to Invest in Riot Blockchain guide.At this time, Riot Blockchain's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 90.8 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (726.93).
 2021 2022 2023 2024 (projected)
Gross Profit131.2M65.5M26.3M27.7M
Total Revenue213.2M259.2M280.7M294.7M

Riot Blockchain fundamental ratios Correlations

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0.990.930.980.980.99-0.92-0.940.980.930.980.160.820.160.950.980.990.910.240.440.970.960.670.970.990.98
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0.990.910.991.00.980.98-0.91-0.881.00.910.160.910.170.930.970.960.960.140.60.990.950.620.940.980.94
0.150.240.160.170.150.16-0.12-0.120.170.120.160.160.490.140.160.160.16-0.130.10.170.140.260.150.150.15
0.880.770.890.890.870.82-0.78-0.630.90.770.910.160.170.780.80.790.97-0.120.860.920.810.450.760.820.71
0.160.280.170.170.160.16-0.14-0.170.180.140.170.490.170.150.160.170.19-0.170.120.180.150.210.150.170.15
0.970.890.890.90.980.95-0.99-0.870.931.00.930.140.780.150.870.960.810.170.370.881.00.530.850.970.92
0.950.930.990.980.940.98-0.85-0.940.960.860.970.160.80.160.870.970.910.270.450.970.90.721.00.960.98
0.980.950.960.960.980.99-0.95-0.960.960.950.960.160.790.170.960.970.870.170.390.940.970.680.961.00.98
0.920.830.960.960.910.91-0.79-0.750.950.790.960.160.970.190.810.910.870.040.770.980.840.570.880.880.83
0.160.10.180.160.160.24-0.11-0.220.130.130.14-0.13-0.12-0.170.170.270.170.04-0.350.130.170.070.310.180.34
0.520.390.580.580.50.44-0.37-0.20.570.360.60.10.860.120.370.450.390.77-0.350.640.40.170.390.420.29
0.970.91.01.00.960.97-0.86-0.860.990.860.990.170.920.180.880.970.940.980.130.640.90.650.950.950.92
0.980.90.910.920.990.96-0.99-0.890.950.990.950.140.810.151.00.90.970.840.170.40.90.550.880.980.93
0.60.760.670.670.590.67-0.52-0.740.660.530.620.260.450.210.530.720.680.570.070.170.650.550.730.640.7
0.930.920.970.970.920.97-0.83-0.950.940.840.940.150.760.150.851.00.960.880.310.390.950.880.730.950.98
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0.950.920.950.940.950.98-0.89-0.970.940.910.940.150.710.150.920.980.980.830.340.290.920.930.70.980.97
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Riot Blockchain Account Relationship Matchups

Riot Blockchain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.4M280.1M1.5B1.3B2.1B2.2B
Short Long Term Debt Total4.4M368K13.4M22.3M21.3M22.4M
Other Current Liab2.2M1.6M80.6M96.2M88.9M93.4M
Total Current Liabilities3.4M2.4M109.9M121.5M121.0M127.1M
Total Stockholder Equity26.2M277.1M1.4B1.2B1.9B2.0B
Property Plant And Equipment Net6.9M43.2M542.3M737.3M899.6M944.6M
Net Debt(7.1M)(223.4M)(298.9M)(208.1M)(575.8M)(547.0M)
Retained Earnings(217.2M)(229.9M)(237.8M)(756.3M)(799.8M)(759.8M)
Accounts Payable717K718K20.0M18.4M23.2M24.3M
Cash7.4M223.4M312.3M230.3M597.2M627.0M
Non Current Assets Total17.8M43.9M957.4M876.6M1.0B1.1B
Non Currrent Assets Other703K33.4M51.5M107.6M116.9M122.8M
Other Assets2.2M33.1M317.7M140.9M162.0M170.1M
Cash And Short Term Investments11.3M235.0M482.7M339.7M908.3M953.8M
Common Stock Shares Outstanding19.6M42.0M93.5M139.4M175.0M183.8M
Liabilities And Stockholders Equity30.4M280.1M1.5B1.3B2.1B2.2B
Non Current Liabilities Total776K679K63.7M47.0M42.0M44.1M
Other Current Assets5.2M1.3M235.0M57.0M29.1M16.7M
Total Liab4.1M3.1M173.6M168.5M163.1M171.2M
Total Current Assets12.6M236.3M573.5M443.4M1.0B1.1B
Short Term Debt2.7M368K1.2M4.0M2.4M2.5M
Intangible Assets459K336K14.2M31.6M26.0M27.3M
Common Stock243.5M507.0M1.6B1.9B2.7B2.8B
Property Plant Equipment5.1M10.1M263.0M692.6M796.4M836.3M
Other Liab776K679K51.5M26.7M30.7M32.3M
Common Stock Total Equity243.5M507.0M1.6B1.9B2.2B2.3B
Short Term Investments3.8M11.6M170.3M109.4M311.2M326.7M
Other Stockholder Equity66.6K243.5M507.0M1.6B1.8B1.9B
Property Plant And Equipment Gross5.4M10.1M572.8M859.5M1.3B1.3B
Accumulated Other Comprehensive Income(243.5M)(507.0M)(1.6B)0.0150K157.5K
Net Tangible Assets25.8M276.7M994.1M1.1B1.3B1.4B
Retained Earnings Total Equity(197.2M)(217.2M)(237.8M)(756.3M)(680.7M)(646.7M)
Deferred Long Term Liab1.0M776K19.8M17.9M20.5M21.6M
Preferred Stock Total Equity7.7M69.1K22K11K12.7K12.0K

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Additional Tools for Riot Stock Analysis

When running Riot Blockchain's price analysis, check to measure Riot Blockchain'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 Riot Blockchain is operating at the current time. Most of Riot Blockchain's value examination focuses on studying past and present price action to predict the probability of Riot Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riot Blockchain's price. Additionally, you may evaluate how the addition of Riot Blockchain to your portfolios can decrease your overall portfolio volatility.