Stronghold Historical Balance Sheet
SDIG Stock | USD 4.90 0.25 4.85% |
Trend analysis of Stronghold Digital Mining balance sheet accounts such as Cash of 4.4 B, Other Current Assets of 9.2 B, Total Liabilities of 116 B or Intangible Assets of 276 K provides information on Stronghold Digital's total assets, liabilities, and equity, which is the actual value of Stronghold Digital Mining to its prevalent stockholders. By breaking down trends over time using Stronghold Digital balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Stronghold Digital Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Stronghold Digital Mining is a good buy for the upcoming year.
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About Stronghold Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Stronghold Digital Mining at a specified time, usually calculated after every quarter, six months, or one year. Stronghold Digital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Stronghold Digital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Stronghold currently owns. An asset can also be divided into two categories, current and non-current.
Stronghold Digital Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Stronghold Digital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stronghold Digital Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Stronghold Digital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Stronghold Digital Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Stronghold Digital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Stronghold Digital Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Stronghold Digital's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Stronghold Digital Mining current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stronghold Digital Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Stronghold Digital's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Stronghold Digital's current Accounts Payable is estimated to increase to about 12.4 B, while Other Assets are projected to decrease to roughly 12.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 13.6M | 5.1M | 23.2B | 24.3B | Total Assets | 354.6M | 217.0M | 174.3B | 183.1B |
Stronghold Digital balance sheet Correlations
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Stronghold Digital Account Relationship Matchups
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When determining whether Stronghold Digital Mining is a strong investment it is important to analyze Stronghold Digital'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 Stronghold Digital's future performance. For an informed investment choice regarding Stronghold Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stronghold Digital Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 Stronghold Digital. If investors know Stronghold 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 Stronghold Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.80) | Revenue Per Share 7.636 | Quarterly Revenue Growth 0.048 | Return On Assets (0.16) | Return On Equity (0.95) |
The market value of Stronghold Digital Mining is measured differently than its book value, which is the value of Stronghold that is recorded on the company's balance sheet. Investors also form their own opinion of Stronghold Digital's value that differs from its market value or its book value, called intrinsic value, which is Stronghold 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 Stronghold Digital's market value can be influenced by many factors that don't directly affect Stronghold 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 Stronghold Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stronghold Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stronghold 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.