Riot Short Long Term Debt vs Property Plant Equipment Analysis
RIOT Stock | USD 10.33 0.33 3.30% |
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 |
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 |
Riot Blockchain fundamental ratios Correlations
Click cells to compare fundamentals
Riot Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
0.67 | WKEY | Wisekey International | PairCorr |
0.88 | FUBO | FubotvInc | PairCorr |
Moving against Riot Stock
0.78 | CHRD | Chord Energy Corp | PairCorr |
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.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.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary 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.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Positions Ratings 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 | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Is Riot Blockchain'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 Riot Blockchain. If investors know Riot 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 Riot Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.364 | Earnings Share 0.42 | Revenue Per Share 1.448 | Quarterly Revenue Growth 0.083 | Return On Assets 0.0042 |
The market value of Riot Blockchain is measured differently than its book value, which is the value of Riot that is recorded on the company's balance sheet. Investors also form their own opinion of Riot Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Riot Blockchain'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 Riot Blockchain's market value can be influenced by many factors that don't directly affect Riot Blockchain'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 Riot Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riot Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riot Blockchain'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.