Riot Short Long Term Debt vs Property Plant Equipment Analysis

RIOT Stock

USD 9.65 0.09 0.92%

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 Short Long Term Debt and its Property Plant Equipment 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 tightly coupled 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.

Short Long Term Debt vs Property Plant Equipment

Short Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riot Blockchain Short Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.

The correlation between Riot Blockchain's Short Long Term Debt and Property Plant Equipment is -0.73. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Riot Blockchain are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Long Term Debt i.e., Riot Blockchain's Short Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Property Plant Equipment

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 tightly coupled 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, whereas Enterprise Value Over EBITDA is likely to drop (11.49) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	131.2M	65.5M	26.3M	27.7M
Total Revenue	213.2M	259.2M	280.7M	294.7M

Gross Profit Total Revenue

Riot Blockchain fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.92	0.98	0.98	1.0	0.99	-0.96	-0.89	0.99	0.96	0.99	0.15	0.88	0.16	0.97	0.95	0.98	0.92	0.16	0.49	0.97	0.98	0.6	0.93	0.99	0.95
Short Long Term Debt Total	0.92		0.92	0.91	0.92	0.93	-0.91	-0.91	0.9	0.91	0.91	0.23	0.77	0.27	0.89	0.93	0.95	0.83	0.13	0.36	0.9	0.91	0.64	0.92	0.94	0.92
Other Current Liab	0.98	0.92		1.0	0.97	0.98	-0.88	-0.89	0.99	0.88	1.0	0.16	0.9	0.17	0.9	0.98	0.96	0.96	0.17	0.53	1.0	0.92	0.58	0.97	0.97	0.95
Total Current Liabilities	0.98	0.91	1.0		0.97	0.98	-0.88	-0.89	0.99	0.88	1.0	0.17	0.89	0.17	0.9	0.98	0.96	0.96	0.16	0.53	1.0	0.92	0.6	0.97	0.97	0.94
Total Stockholder Equity	1.0	0.92	0.97	0.97		0.99	-0.96	-0.89	0.98	0.97	0.98	0.15	0.87	0.16	0.98	0.94	0.98	0.91	0.16	0.48	0.96	0.99	0.6	0.92	0.99	0.95
Property Plant And Equipment Net	0.99	0.93	0.98	0.98	0.99		-0.92	-0.94	0.98	0.93	0.98	0.16	0.82	0.16	0.95	0.98	0.99	0.91	0.24	0.4	0.97	0.96	0.61	0.97	0.99	0.98
Net Debt	-0.96	-0.91	-0.88	-0.88	-0.96	-0.92		0.86	-0.91	-1.0	-0.91	-0.12	-0.78	-0.14	-0.99	-0.85	-0.95	-0.79	-0.11	-0.37	-0.86	-0.99	-0.59	-0.83	-0.96	-0.89
Retained Earnings	-0.89	-0.91	-0.89	-0.89	-0.89	-0.94	0.86		-0.89	-0.87	-0.88	-0.12	-0.63	-0.17	-0.87	-0.94	-0.96	-0.75	-0.22	-0.15	-0.86	-0.89	-0.65	-0.95	-0.94	-0.97
Accounts Payable	0.99	0.9	0.99	0.99	0.98	0.98	-0.91	-0.89		0.91	1.0	0.17	0.9	0.18	0.93	0.96	0.96	0.95	0.13	0.53	0.99	0.95	0.63	0.94	0.98	0.94
Cash	0.96	0.91	0.88	0.88	0.97	0.93	-1.0	-0.87	0.91		0.91	0.12	0.77	0.14	1.0	0.86	0.95	0.79	0.13	0.36	0.86	0.99	0.59	0.84	0.96	0.91
Non Current Assets Total	0.99	0.91	1.0	1.0	0.98	0.98	-0.91	-0.88	1.0	0.91		0.16	0.91	0.17	0.93	0.97	0.96	0.96	0.14	0.56	0.99	0.95	0.58	0.94	0.98	0.94
Non Currrent Assets Other	0.15	0.23	0.16	0.17	0.15	0.16	-0.12	-0.12	0.17	0.12	0.16		0.16	0.49	0.14	0.16	0.16	0.16	-0.13	0.1	0.17	0.14	0.29	0.15	0.15	0.15
Other Assets	0.88	0.77	0.9	0.89	0.87	0.82	-0.78	-0.63	0.9	0.77	0.91	0.16		0.17	0.78	0.8	0.79	0.97	-0.12	0.85	0.92	0.81	0.43	0.76	0.82	0.71
Long Term Debt	0.16	0.27	0.17	0.17	0.16	0.16	-0.14	-0.17	0.18	0.14	0.17	0.49	0.17		0.15	0.16	0.17	0.19	-0.17	0.12	0.18	0.15	0.22	0.15	0.17	0.15
Cash And Short Term Investments	0.97	0.89	0.9	0.9	0.98	0.95	-0.99	-0.87	0.93	1.0	0.93	0.14	0.78	0.15		0.87	0.96	0.81	0.17	0.37	0.88	1.0	0.59	0.85	0.97	0.92
Net Receivables	0.95	0.93	0.98	0.98	0.94	0.98	-0.85	-0.94	0.96	0.86	0.97	0.16	0.8	0.16	0.87		0.97	0.91	0.27	0.39	0.97	0.9	0.6	1.0	0.96	0.98
Common Stock Shares Outstanding	0.98	0.95	0.96	0.96	0.98	0.99	-0.95	-0.96	0.96	0.95	0.96	0.16	0.79	0.17	0.96	0.97		0.87	0.17	0.35	0.94	0.97	0.63	0.96	1.0	0.98
Non Current Liabilities Total	0.92	0.83	0.96	0.96	0.91	0.91	-0.79	-0.75	0.95	0.79	0.96	0.16	0.97	0.19	0.81	0.91	0.87		0.04	0.73	0.98	0.84	0.49	0.88	0.88	0.83
Inventory	0.16	0.13	0.17	0.16	0.16	0.24	-0.11	-0.22	0.13	0.13	0.14	-0.13	-0.12	-0.17	0.17	0.27	0.17	0.04		-0.4	0.13	0.17	-0.03	0.31	0.18	0.34
Other Current Assets	0.49	0.36	0.53	0.53	0.48	0.4	-0.37	-0.15	0.53	0.36	0.56	0.1	0.85	0.12	0.37	0.39	0.35	0.73	-0.4		0.6	0.39	0.11	0.32	0.39	0.23
Total Liab	0.97	0.9	1.0	1.0	0.96	0.97	-0.86	-0.86	0.99	0.86	0.99	0.17	0.92	0.18	0.88	0.97	0.94	0.98	0.13	0.6		0.9	0.57	0.95	0.95	0.92
Total Current Assets	0.98	0.91	0.92	0.92	0.99	0.96	-0.99	-0.89	0.95	0.99	0.95	0.14	0.81	0.15	1.0	0.9	0.97	0.84	0.17	0.39	0.9		0.6	0.88	0.98	0.93
Short Term Debt	0.6	0.64	0.58	0.6	0.6	0.61	-0.59	-0.65	0.63	0.59	0.58	0.29	0.43	0.22	0.59	0.6	0.63	0.49	-0.03	0.11	0.57	0.6		0.6	0.62	0.63
Intangible Assets	0.93	0.92	0.97	0.97	0.92	0.97	-0.83	-0.95	0.94	0.84	0.94	0.15	0.76	0.15	0.85	1.0	0.96	0.88	0.31	0.32	0.95	0.88	0.6		0.95	0.98
Common Stock	0.99	0.94	0.97	0.97	0.99	0.99	-0.96	-0.94	0.98	0.96	0.98	0.15	0.82	0.17	0.97	0.96	1.0	0.88	0.18	0.39	0.95	0.98	0.62	0.95		0.97
Property Plant Equipment	0.95	0.92	0.95	0.94	0.95	0.98	-0.89	-0.97	0.94	0.91	0.94	0.15	0.71	0.15	0.92	0.98	0.98	0.83	0.34	0.23	0.92	0.93	0.63	0.98	0.97

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Riot Blockchain Account Relationship Matchups

Riot Blockchain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.4M	280.1M	1.5B	1.3B	2.1B	2.2B
Short Long Term Debt Total	1.7M	368K	13.4M	22.3M	21.3M	22.4M
Other Current Liab	2.2M	1.6M	80.6M	89.8M	88.9M	93.4M
Total Current Liabilities	3.4M	2.4M	109.9M	121.5M	121.0M	127.1M
Total Stockholder Equity	26.2M	277.1M	1.4B	1.2B	1.9B	2.0B
Property Plant And Equipment Net	6.9M	43.2M	542.3M	737.3M	899.6M	944.6M
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 Payable	717K	718K	20.0M	18.4M	23.2M	24.3M
Cash	7.4M	223.4M	312.3M	230.3M	597.2M	627.0M
Non Current Assets Total	17.8M	43.9M	957.4M	876.6M	1.0B	1.1B
Non Currrent Assets Other	703K	33.4M	51.5M	107.6M	116.9M	122.8M
Other Assets	2.2M	33.1M	317.7M	140.9M	162.0M	170.1M
Cash And Short Term Investments	11.3M	235.0M	482.7M	339.7M	908.3M	953.8M
Common Stock Shares Outstanding	19.6M	42.0M	93.5M	139.4M	175.0M	183.8M
Liabilities And Stockholders Equity	30.4M	280.1M	1.5B	1.3B	2.1B	2.2B
Non Current Liabilities Total	776K	679K	63.7M	47.0M	42.0M	44.1M
Other Current Assets	5.2M	12.9M	235.0M	32.7M	29.1M	16.0M
Total Liab	4.1M	3.1M	173.6M	168.5M	163.1M	171.2M
Total Current Assets	12.6M	236.3M	573.5M	443.4M	1.0B	1.1B
Short Term Debt	2.7M	368K	1.2M	2.0M	2.4M	2.5M
Intangible Assets	459K	336K	14.2M	31.6M	26.0M	27.3M
Common Stock	243.5M	507.0M	1.6B	1.9B	2.7B	2.8B
Property Plant Equipment	5.1M	10.1M	263.0M	692.6M	796.4M	836.3M
Other Liab	776K	679K	51.5M	26.7M	30.7M	32.3M
Common Stock Total Equity	243.5M	507.0M	1.6B	1.9B	2.2B	2.3B
Short Term Investments	3.8M	11.6M	170.3M	109.4M	311.2M	326.7M
Other Stockholder Equity	66.6K	243.5M	507.0M	1.6B	1.8B	1.9B
Property Plant And Equipment Gross	5.4M	10.1M	572.8M	859.5M	1.3B	1.3B
Accumulated Other Comprehensive Income	(243.5M)	(507.0M)	(1.6B)	0.0	150K	157.5K
Net Tangible Assets	25.8M	276.7M	994.1M	1.1B	1.3B	1.4B
Retained Earnings Total Equity	(197.2M)	(217.2M)	(237.8M)	(756.3M)	(680.7M)	(646.7M)
Deferred Long Term Liab	1.0M	776K	19.8M	17.9M	20.5M	21.6M
Preferred Stock Total Equity	7.7M	69.1K	22K	11K	12.7K	12.0K

Pair Trading with Riot Blockchain

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 Riot Blockchain 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 Riot Blockchain will appreciate offsetting losses from the drop in the long position's value.

Moving together with Riot Stock

0.71	FUBO	Fubotv Inc Aggressive Push	Pair Corr
0.7	MFH	Mercurity Fintech Holding	Pair Corr

The ability to find closely correlated positions to Riot Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Riot Blockchain 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 Riot Blockchain - 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 Riot Blockchain to buy it.

The correlation of Riot Blockchain 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 Riot Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Riot Blockchain 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 Riot Blockchain 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.

Pair Correlation Correlation Matching

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.

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