Stronghold Historical Income Statement
SDIG Stock | USD 5.04 0.14 2.86% |
Historical analysis of Stronghold Digital income statement accounts such as Cost Of Revenue of 14.6 M, Interest Income of 2.9 K, Depreciation And Amortization of 20.7 M or Gross Profit of 32.5 M can show how well Stronghold Digital Mining performed in making a profits. Evaluating Stronghold Digital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Stronghold Digital's future profits or losses.
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.
Stronghold |
About Stronghold Income Statement Analysis
Stronghold Digital Mining Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Stronghold Digital shareholders. The income statement also shows Stronghold investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Stronghold Digital Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Stronghold Digital Mining generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on Stronghold Digital Mining income statement and represents the costs associated with goods and services Stronghold Digital provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Stronghold Digital's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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. The current Interest Expense is estimated to decrease to about 5.3 M. The current Selling General Administrative is estimated to decrease to about 19.1 M
2023 | 2024 (projected) | Research Development | 747K | 664K | Total Revenue | 75.0M | 41.6M |
Stronghold Digital income statement Correlations
Click cells to compare fundamentals
Stronghold Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.