Btcs Inc Stock Gross Profit
BTCS Stock | USD 1.76 0.18 11.39% |
BTCS Inc fundamentals help investors to digest information that contributes to BTCS's financial success or failures. It also enables traders to predict the movement of BTCS Stock. The fundamental analysis module provides a way to measure BTCS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BTCS stock.
Gross Profit is likely to gain to about 1 M in 2024, whereas Gross Profit Margin is likely to drop 0.42 in 2024. BTCS | Gross Profit |
BTCS Gross Profit Analysis
BTCS's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
More About Gross Profit | All Equity Analysis
BTCS Gross Profit |
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Gross Profit | = | Revenue | - | Cost of Revenue |
Current BTCS Gross Profit | 944.94 K |
Most of BTCS's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BTCS Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BTCS Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for BTCS is extremely important. It helps to project a fair market value of BTCS Stock properly, considering its historical fundamentals such as Gross Profit. Since BTCS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BTCS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BTCS's interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition |
According to the company disclosure, BTCS Inc reported 944.94 K of gross profit. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The gross profit for all United States stocks is 100.0% higher than that of the company.
BTCS Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BTCS's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BTCS could also be used in its relative valuation, which is a method of valuing BTCS by comparing valuation metrics of similar companies.BTCS is currently under evaluation in gross profit category among related companies.
BTCS Fundamentals
Return On Equity | 0.44 | |||
Return On Asset | -0.13 | |||
Profit Margin | 5.84 % | |||
Operating Margin | (2.89) % | |||
Current Valuation | 673.75 K | |||
Shares Outstanding | 15.69 M | |||
Shares Owned By Insiders | 35.43 % | |||
Shares Owned By Institutions | 4.28 % | |||
Number Of Shares Shorted | 76.26 K | |||
Price To Earning | (0.02) X | |||
Price To Book | 1.05 X | |||
Price To Sales | 20.62 X | |||
Revenue | 1.34 M | |||
Gross Profit | 944.94 K | |||
EBITDA | (3.71 M) | |||
Net Income | 7.82 M | |||
Cash And Equivalents | 3.19 M | |||
Cash Per Share | 0.25 X | |||
Total Debt | 848.68 K | |||
Debt To Equity | 0.10 % | |||
Current Ratio | 5.57 X | |||
Book Value Per Share | 1.54 X | |||
Cash Flow From Operations | (3.54 M) | |||
Short Ratio | 0.33 X | |||
Earnings Per Share | 0.55 X | |||
Target Price | 3.0 | |||
Beta | 1.61 | |||
Market Capitalization | 27.62 M | |||
Total Asset | 27.15 M | |||
Retained Earnings | (138.68 M) | |||
Working Capital | 26.06 M | |||
Current Asset | 9 K | |||
Current Liabilities | 24.27 M | |||
Z Score | 13.12 | |||
Net Asset | 27.15 M |
About BTCS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BTCS Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BTCS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BTCS Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Gross Profit | 974.8 K | 1 M | |
Gross Profit Margin | 0.73 | 0.42 |
Pair Trading with BTCS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BTCS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BTCS will appreciate offsetting losses from the drop in the long position's value.Moving against BTCS Stock
0.64 | V | Visa Class A Fiscal Quarter End 31st of March 2024 | PairCorr |
0.6 | MA | Mastercard Financial Report 25th of April 2024 | PairCorr |
0.56 | BK | Bank of New York Fiscal Quarter End 31st of March 2024 | PairCorr |
0.54 | IX | Orix Corp Ads Financial Report 8th of May 2024 | PairCorr |
0.54 | TW | Tradeweb Markets Financial Report 25th of April 2024 | PairCorr |
The ability to find closely correlated positions to BTCS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTCS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BTCS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BTCS Inc to buy it.
The correlation of BTCS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BTCS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTCS Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BTCS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BTCS Piotroski F Score and BTCS Altman Z Score analysis. Note that the BTCS Inc information on this page should be used as a complementary analysis to other BTCS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for BTCS Stock analysis
When running BTCS's price analysis, check to measure BTCS'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 BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.
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Is BTCS's industry 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 BTCS. If investors know BTCS 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 BTCS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.55 | Revenue Per Share 0.095 | Quarterly Revenue Growth 0.204 | Return On Assets (0.13) | Return On Equity 0.4405 |
The market value of BTCS Inc is measured differently than its book value, which is the value of BTCS that is recorded on the company's balance sheet. Investors also form their own opinion of BTCS's value that differs from its market value or its book value, called intrinsic value, which is BTCS'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 BTCS's market value can be influenced by many factors that don't directly affect BTCS'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 BTCS's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTCS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTCS'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.