Hive Blockchain Technologies Stock Current Asset

HIVE Stock  CAD 5.49  0.08  1.44%   
HIVE Blockchain Technologies fundamentals help investors to digest information that contributes to HIVE Blockchain's financial success or failures. It also enables traders to predict the movement of HIVE Stock. The fundamental analysis module provides a way to measure HIVE Blockchain'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 HIVE Blockchain stock.
At this time, HIVE Blockchain's Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 177 M in 2024, whereas Net Current Asset Value is likely to drop (3.6 M) in 2024.
  
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HIVE Blockchain Technologies Company Current Asset Analysis

HIVE Blockchain's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

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HIVE Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for HIVE Blockchain is extremely important. It helps to project a fair market value of HIVE Stock properly, considering its historical fundamentals such as Current Asset. Since HIVE Blockchain'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 HIVE Blockchain'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 HIVE Blockchain's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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HIVE Total Assets

Total Assets

322.96 Million

At this time, HIVE Blockchain's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, HIVE Blockchain Technologies has a Current Asset of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

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HIVE Fundamentals

About HIVE Blockchain Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze HIVE Blockchain Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HIVE Blockchain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HIVE Blockchain Technologies 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for HIVE Stock Analysis

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.