HIVE Blockchain Financials
| HIVE Stock | USD 4.07 0.02 0.49% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.11 | 6.7719 |
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The financial analysis of HIVE Blockchain is a critical element in measuring its lifeblood. Investors should not minimize HIVE Blockchain's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income |
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HIVE | Select Account or Indicator |
Understanding current and past HIVE Blockchain Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of HIVE Blockchain's financial statements are interrelated, with each one affecting the others. For example, an increase in HIVE Blockchain's assets may result in an increase in income on the income statement.
HIVE Blockchain Technologies Earnings Geography
Please note, the presentation of HIVE Blockchain's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HIVE Blockchain's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of HIVE Blockchain's management manipulating its earnings.
HIVE Blockchain Stock Summary
HIVE Blockchain competes with Bitfarms, CleanSpark, Marathon Digital, Riot Blockchain, and Hut 8. HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada. Hive Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 18 people.| Foreign Associates | |
Specialization | Financial Services, Financial Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | CA43366H1001 |
| CUSIP | 43366H100 433921103 43366H704 |
| Location | British Columbia; Canada |
| Business Address | 789 West Pender |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | hivedigitaltechnologies.com |
| Phone | 604 664 1078 |
| Currency | USD - US Dollar |
HIVE Blockchain Key Financial Ratios
| Return On Equity | -0.0736 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.92) % | ||||
| Price To Sales | 4.27 X | ||||
| Revenue | 114.47 M |
HIVE Blockchain Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 29.1M | 178.3M | 452.3M | 196.1M | 307.6M | 323.0M | |
| Other Current Liab | 830.7K | 73.1K | 4.6M | 2.5M | 3.1M | 3.3M | |
| Net Debt | (73.1K) | (9.4M) | 38.0M | 31.0M | 21.0M | 22.1M | |
| Retained Earnings | (173.2M) | (130.6M) | (60.2M) | (296.7M) | (347.9M) | (330.5M) | |
| Accounts Payable | 2.1M | 3.5M | 7.8M | 6.9M | 7.5M | 4.8M | |
| Cash | 5.1M | 40.3M | 5.3M | 4.4M | 9.7M | 5.6M | |
| Net Receivables | 9.1M | 6.8M | 8.0M | 9.4M | 6.9M | 4.4M | |
| Other Current Assets | 3.5M | 57.5M | 1.9M | 75.3M | (161.6M) | (153.6M) | |
| Total Liab | 8.0M | 43.9M | 63.2M | 47.3M | 47.9M | 50.3M | |
| Total Current Assets | 18.3M | 107.5M | 200.3M | 82.5M | 185.2M | 194.5M | |
| Short Term Debt | 4.3M | 6.3M | 12.8M | 11.9M | 12.6M | 6.4M | |
| Common Stock | 188.5M | 259.9M | 413.7M | 419.2M | 499.2M | 524.2M | |
| Inventory | 3.5M | 57.5M | 170.0M | 65.9M | 161.6M | 169.7M | |
| Net Tangible Assets | 21.9M | 21.1M | 133.9M | 388.7M | 447.0M | 469.4M | |
| Net Invested Capital | 23.8M | 162.3M | 419.7M | 173.8M | 282.2M | 194.5M | |
| Net Working Capital | 11.1M | 97.7M | 174.1M | 60.6M | 157.9M | 86.3M | |
| Short Long Term Debt | 2.7M | 4.4M | 10.6M | 8.4M | 10.1M | 7.1M | |
| Capital Stock | 188.5M | 259.9M | 413.7M | 419.2M | 499.2M | 360.9M |
HIVE Blockchain Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 418.9K | 1.2M | 3.9M | 3.7M | 3.6M | 3.7M | |
| Operating Income | (3.0M) | 66.1M | 79.3M | (125.6M) | 19.9M | 20.9M | |
| Ebit | (3.0M) | 66.1M | 79.1M | (227.4M) | (41.5M) | (39.4M) | |
| Ebitda | 3.3M | 76.8M | 146.3M | (147.4M) | 24.5M | 12.7M | |
| Income Before Tax | (832.1K) | 42.7M | 82.0M | (236.1M) | (45.0M) | (42.8M) | |
| Net Income | (1.7M) | 42.5M | 79.6M | (236.4M) | (51.2M) | (48.6M) | |
| Income Tax Expense | 830.7K | 151.4K | 2.4M | 289K | 6.2M | 6.5M | |
| Total Revenue | 29.4M | 100.4M | 211.3M | 106.3M | 114.5M | 83.6M | |
| Gross Profit | 1.6M | 72.3M | 95.7M | (32.7M) | 40.4M | 35.8M | |
| Cost Of Revenue | 27.8M | 28.1M | 115.5M | 139.0M | 74.1M | 65.7M | |
| Tax Provision | 830.7K | 151.4K | 2.4M | 289K | 6.2M | 6.5M | |
| Net Interest Income | (418.9K) | (1.2M) | (3.9M) | (3.7M) | (3.6M) | (3.4M) |
HIVE Blockchain Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.7M) | 35.2M | (35.0M) | (946.1K) | 5.3M | 5.6M | |
| Free Cash Flow | (1.1M) | (42.3M) | (146.6M) | 2.0M | (65.7M) | (62.4M) | |
| Depreciation | 6.3M | 10.7M | 67.0M | 81.7M | 65.9M | 69.2M | |
| Other Non Cash Items | (1.2M) | 944.2K | (458.2K) | 4.9M | (107.3M) | (101.9M) | |
| Capital Expenditures | 1.9M | 65.2M | 215.0M | 42.8M | 79.3M | 83.2M | |
| Net Income | (1.7M) | 42.5M | 79.6M | (236.4M) | (51.2M) | (48.6M) | |
| End Period Cash Flow | 5.1M | 40.3M | 5.3M | 4.4M | 9.7M | 5.6M | |
| Change To Inventory | 1.0M | 5.8M | (60.1K) | 5.3M | 6.0M | 6.3M | |
| Change To Netincome | 66.5M | (491.9K) | 24.7M | 8.7M | 7.8M | 7.4M |
HIVE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining HIVE Blockchain's current stock value. Our valuation model uses many indicators to compare HIVE Blockchain value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HIVE Blockchain competition to find correlations between indicators driving HIVE Blockchain's intrinsic value. More Info.HIVE Blockchain Technologies is one of the top stocks in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . At present, HIVE Blockchain's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value HIVE Blockchain by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.HIVE Blockchain Tech Systematic Risk
HIVE Blockchain's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. HIVE Blockchain volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on HIVE Blockchain Tech correlated with the market. If Beta is less than 0 HIVE Blockchain generally moves in the opposite direction as compared to the market. If HIVE Blockchain Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HIVE Blockchain Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HIVE Blockchain is generally in the same direction as the market. If Beta > 1 HIVE Blockchain moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in HIVE Blockchain Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HIVE Blockchain's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of HIVE Blockchain growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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HIVE Blockchain December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of HIVE Blockchain help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of HIVE Blockchain Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of HIVE Blockchain Technologies based on widely used predictive technical indicators. In general, we focus on analyzing HIVE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HIVE Blockchain's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.28 | |||
| Information Ratio | 0.078 | |||
| Maximum Drawdown | 29.04 | |||
| Value At Risk | (7.71) | |||
| Potential Upside | 11.81 |
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When running HIVE Blockchain's price analysis, check to measure HIVE 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 HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE 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 HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.
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