CLEANSPARK Story

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CLSK -- USA Stock  

USD 27.96  2.76  10.95%

CLEANSPARK INC Asset Turnover is increasing as compared to previous years. The last year's value of Asset Turnover was reported at 0.45. The current Book Value per Share is estimated to increase to 2.47, while Average Equity is projected to decrease to under 13.4 M. As some conservative investors are getting more into technology space, CLEANSPARK INC could be a your radar. I will take a closer look at this stock and the recent sentiment generated by traders. In this post, I will also go over a few different drivers affecting CLEANSPARK INC's products and services, and explain how it may impact CLEANSPARK INC traders.
Published over three weeks ago
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Reasons CLEANSPARK INC (NASDAQ:CLSK) can excite traders
Our investment recommendation module complements current analysts and expert consensus on CLEANSPARK INC. It analyzes the firm potential to grow using all fundamental, technical, and market related data available right now.

How important is CLEANSPARK INC's Liquidity

CLEANSPARK INC financial leverage refers to using borrowed capital as a funding source to finance CLEANSPARK INC ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. CLEANSPARK INC financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between CLEANSPARK INC's total debt and its cash.

How CLEANSPARK utilizes its cash?

To perform a cash flow analysis of CLEANSPARK INC, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash CLEANSPARK INC is receiving and how much cash it distributes out in a given period. The CLEANSPARK INC cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. CLEANSPARK INC Net Cash Flow from Operations is decreasing as compared to previous years. The last year's value of Net Cash Flow from Operations was reported at (5.98 Million)

What did CLEANSPARK INC file with SEC?

The SEC filings are financial statements or other formal documents of CLEANSPARK INC that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to CLEANSPARK shareholders may or may not be submitted as SEC does not always require it.
Unclassified Corporate Event
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Financial Statements and Exhibits. Regulation FD Disclosure
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to CLEANSPARK shareholders may or may not be submitted as SEC does not always require it.

Breaking it down a bit more

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CLEANSPARK INC has an asset utilization ratio of 213.73 percent. This signifies that the company is making $2.14 for each dollar of assets. An increasing asset utilization means that CLEANSPARK INC is more efficient with each dollar of assets it utilizes for everyday operations.
 2017 2018 2019 2020 (projected)
Current Assets548.38 K9.88 M8.25 M8.9 M
Total Assets17.56 M23.43 M22.34 M18.01 M

Will CLEANSPARK INC traders go frantic after another plunge?

Semi deviation is down to 4.58. It may signify a possible volatility plunge. CLEANSPARK INC is displaying above-average volatility over the selected time horizon. Investors should scrutinize CLEANSPARK INC independently to ensure intended market timing strategies are aligned with expectations about CLEANSPARK INC volatility.

Our Final Take On CLEANSPARK INC

Although some firms within the software?infrastructure industry are still a little expensive, even after the recent corrections, CLEANSPARK INC may offer a potential longer-term growth to traders. To conclude, as of the 30th of December 2020, our primary 30 days 'Buy-vs-Sell' recommendation on the firm is Cautious Hold. We believe CLEANSPARK INC is overvalued with below average chance of financial distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of CLEANSPARK INC. Please refer to our Terms of Use for any information regarding our disclosure principles.

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