Argo Change To Account Receivables vs Change In Cash Analysis

ARB Stock

5.25 0.40 8.25%

Argo Blockchain financial indicator trend analysis is way more than just evaluating Argo Blockchain PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argo Blockchain PLC is a good investment. Please check the relationship between Argo Blockchain Change To Account Receivables and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change To Account Receivables vs Change In Cash

Change To Account Receivables vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Blockchain PLC Change To Account Receivables account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Argo Blockchain's Change To Account Receivables and Change In Cash is -0.05. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Argo Blockchain PLC, assuming nothing else is changed. The correlation between historical values of Argo Blockchain's Change To Account Receivables and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Argo Blockchain PLC are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Account Receivables i.e., Argo Blockchain's Change To Account Receivables and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Account Receivables

Change In Cash

Most indicators from Argo Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argo Blockchain PLC 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Argo Blockchain's Selling General Administrative is projected to increase significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Total Revenue	47.4M	73.0M	83.9M	47.4M
Depreciation And Amortization	23.4M	20.5M	23.5M	24.7M

Total Revenue Depreciation And Amortization

Argo Blockchain fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		0.67	0.96	0.88	0.9	0.94	0.66	0.05	0.94	0.01	0.93	0.98	0.9	0.91	0.3	0.52	0.94	0.99	0.67	0.8	1.0	0.65	0.93	0.38	0.69	0.96
Other Current Liab	0.67		0.83	0.26	0.31	0.83	0.96	-0.67	0.39	-0.25	0.85	0.61	0.32	0.38	0.8	0.87	0.39	0.65	0.9	0.9	0.7	0.9	0.39	0.87	-0.03	0.46
Total Current Liabilities	0.96	0.83		0.74	0.77	0.99	0.82	-0.2	0.83	-0.12	0.99	0.92	0.76	0.8	0.5	0.73	0.83	0.95	0.84	0.93	0.97	0.83	0.82	0.63	0.48	0.87
Total Stockholder Equity	0.88	0.26	0.74		1.0	0.7	0.25	0.5	0.97	0.14	0.68	0.92	0.98	0.98	-0.08	0.12	0.99	0.9	0.31	0.48	0.86	0.28	0.98	0.0	0.92	0.96
Net Tangible Assets	0.9	0.31	0.77	1.0		0.71	0.28	0.46	0.97	0.15	0.7	0.94	0.99	0.99	-0.04	0.14	0.99	0.92	0.34	0.5	0.88	0.3	0.99	0.04	0.92	0.97
Property Plant And Equipment Net	0.94	0.83	0.99	0.7	0.71		0.86	-0.26	0.81	-0.17	1.0	0.88	0.71	0.74	0.51	0.78	0.78	0.92	0.86	0.95	0.95	0.86	0.77	0.64	0.42	0.84
Net Debt	0.66	0.96	0.82	0.25	0.28	0.86		-0.68	0.41	-0.36	0.87	0.56	0.28	0.33	0.77	0.95	0.37	0.63	0.92	0.93	0.69	0.94	0.36	0.85	-0.08	0.46
Retained Earnings	0.05	-0.67	-0.2	0.5	0.46	-0.26	-0.68		0.33	0.25	-0.27	0.14	0.42	0.4	-0.67	-0.71	0.38	0.08	-0.65	-0.5	-0.01	-0.67	0.36	-0.79	0.69	0.26
Accounts Payable	0.94	0.39	0.83	0.97	0.97	0.81	0.41	0.33		0.04	0.79	0.94	0.95	0.96	0.03	0.29	0.98	0.95	0.47	0.62	0.92	0.44	0.97	0.14	0.84	0.98
Cash	0.01	-0.25	-0.12	0.14	0.15	-0.17	-0.36	0.25	0.04		-0.22	0.04	0.29	0.15	-0.34	-0.48	0.1	0.01	-0.13	-0.16	0.04	-0.21	0.21	-0.31	0.44	0.15
Non Current Assets Total	0.93	0.85	0.99	0.68	0.7	1.0	0.87	-0.27	0.79	-0.22		0.87	0.69	0.73	0.54	0.8	0.77	0.91	0.87	0.95	0.94	0.87	0.76	0.67	0.39	0.82
Non Currrent Assets Other	0.98	0.61	0.92	0.92	0.94	0.88	0.56	0.14	0.94	0.04	0.87		0.92	0.96	0.24	0.4	0.96	0.99	0.58	0.72	0.97	0.55	0.96	0.33	0.75	0.96
Cash And Short Term Investments	0.9	0.32	0.76	0.98	0.99	0.71	0.28	0.42	0.95	0.29	0.69	0.92		0.98	-0.04	0.14	0.98	0.91	0.38	0.53	0.89	0.34	0.99	0.06	0.93	0.97
Net Receivables	0.91	0.38	0.8	0.98	0.99	0.74	0.33	0.4	0.96	0.15	0.73	0.96	0.98		0.03	0.18	0.99	0.94	0.39	0.54	0.9	0.35	0.99	0.11	0.89	0.96
Common Stock Total Equity	0.3	0.8	0.5	-0.08	-0.04	0.51	0.77	-0.67	0.03	-0.34	0.54	0.24	-0.04	0.03		0.78	0.04	0.28	0.68	0.63	0.33	0.7	0.03	0.81	-0.33	0.08
Common Stock Shares Outstanding	0.52	0.87	0.73	0.12	0.14	0.78	0.95	-0.71	0.29	-0.48	0.8	0.4	0.14	0.18	0.78		0.25	0.48	0.91	0.89	0.55	0.95	0.22	0.91	-0.22	0.33
Short Term Investments	0.94	0.39	0.83	0.99	0.99	0.78	0.37	0.38	0.98	0.1	0.77	0.96	0.98	0.99	0.04	0.25		0.95	0.42	0.59	0.92	0.4	0.99	0.13	0.88	0.98
Other Current Assets	0.99	0.65	0.95	0.9	0.92	0.92	0.63	0.08	0.95	0.01	0.91	0.99	0.91	0.94	0.28	0.48	0.95		0.64	0.77	0.99	0.61	0.94	0.37	0.71	0.96
Other Stockholder Equity	0.67	0.9	0.84	0.31	0.34	0.86	0.92	-0.65	0.47	-0.13	0.87	0.58	0.38	0.39	0.68	0.91	0.42	0.64		0.97	0.71	0.99	0.44	0.9	0.04	0.53
Total Liab	0.8	0.9	0.93	0.48	0.5	0.95	0.93	-0.5	0.62	-0.16	0.95	0.72	0.53	0.54	0.63	0.89	0.59	0.77	0.97		0.84	0.97	0.59	0.82	0.2	0.68
Net Invested Capital	1.0	0.7	0.97	0.86	0.88	0.95	0.69	-0.01	0.92	0.04	0.94	0.97	0.89	0.9	0.33	0.55	0.92	0.99	0.71	0.84		0.69	0.92	0.43	0.66	0.95
Property Plant And Equipment Gross	0.65	0.9	0.83	0.28	0.3	0.86	0.94	-0.67	0.44	-0.21	0.87	0.55	0.34	0.35	0.7	0.95	0.4	0.61	0.99	0.97	0.69		0.4	0.91	-0.01	0.5
Total Current Assets	0.93	0.39	0.82	0.98	0.99	0.77	0.36	0.36	0.97	0.21	0.76	0.96	0.99	0.99	0.03	0.22	0.99	0.94	0.44	0.59	0.92	0.4		0.13	0.9	0.99
Capital Stock	0.38	0.87	0.63	0.0	0.04	0.64	0.85	-0.79	0.14	-0.31	0.67	0.33	0.06	0.11	0.81	0.91	0.13	0.37	0.9	0.82	0.43	0.91	0.13		-0.27	0.2
Net Working Capital	0.69	-0.03	0.48	0.92	0.92	0.42	-0.08	0.69	0.84	0.44	0.39	0.75	0.93	0.89	-0.33	-0.22	0.88	0.71	0.04	0.2	0.66	-0.01	0.9	-0.27		0.84
Intangible Assets	0.96	0.46	0.87	0.96	0.97	0.84	0.46	0.26	0.98	0.15	0.82	0.96	0.97	0.96	0.08	0.33	0.98	0.96	0.53	0.68	0.95	0.5	0.99	0.2	0.84

Click cells to compare fundamentals

Argo Blockchain Account Relationship Matchups

Argo Blockchain fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	44.5M	388.3M	91.4M	75.9M	87.3M	119.9M
Other Current Liab	568.4K	11.3M	5.2M	10.9M	12.6M	13.2M
Total Current Liabilities	6.0M	73.8M	20.1M	27.6M	31.7M	24.4M
Total Stockholder Equity	33.2M	272.4M	11.4M	156.7K	180.2K	171.2K
Net Tangible Assets	20.3M	24.0M	201.5M	9.7M	11.1M	10.6M
Property Plant And Equipment Net	24.4M	151.1M	64.3M	59.7M	68.7M	59.1M
Net Debt	7.4M	57.0M	46.3M	55.1M	63.3M	66.5M
Retained Earnings	29.9M	71.3M	(141.4M)	(190.7M)	(171.7M)	(163.1M)
Accounts Payable	548.3K	20.6M	2.8M	185.1K	212.9K	202.2K
Cash	2.8M	15.9M	16.7M	7.4M	8.5M	10.9M
Non Current Assets Total	32.4M	177.9M	68.7M	77.1M	88.7M	71.0M
Non Currrent Assets Other	(1.16)	109.0M	2.6M	16.5M	19.0M	25.3M
Cash And Short Term Investments	9.1M	124.9M	17.0M	7.8M	9.0M	8.6M
Net Receivables	1.7M	15.9M	683K	1.9M	2.2M	2.1M
Common Stock Shares Outstanding	344.6M	415.2M	473.9M	503.9M	579.5M	406.5M
Short Term Investments	6.3M	109.0M	368K	385K	442.8K	420.6K
Liabilities And Stockholders Equity	44.5M	388.3M	91.4M	75.9M	87.3M	119.9M
Non Current Liabilities Total	5.3M	42.1M	59.9M	47.8M	55.0M	29.3M
Other Current Assets	472.4K	47.4M	5.0M	7.1M	8.2M	11.5M
Other Stockholder Equity	2.8M	200.1M	184.3M	190.0M	218.5M	116.6M
Total Liab	11.3M	115.9M	80.0M	75.8M	87.1M	52.9M
Net Invested Capital	24.4M	255.5M	73.9M	62.7M	72.1M	84.3M
Property Plant And Equipment Gross	17.9M	176.5M	177.6M	178.5M	205.2M	104.2M
Total Current Assets	12.1M	210.4M	22.7M	14.9M	17.2M	16.3M
Accumulated Other Comprehensive Income	518.1K	8.9M	8.6M	(14.1M)	(12.7M)	(12.0M)
Capital Stock	303.4K	468K	478K	712K	818.8K	467.3K
Net Working Capital	4.5M	101.2M	2.5M	(12.7M)	(11.4M)	(10.8M)
Intangible Assets	501.2K	7.5M	1.8M	776K	892.4K	847.8K
Common Stock	413.5K	631.6K	478K	900.0K	1.0M	568.7K
Property Plant Equipment	15.4M	17.9M	112.0M	64.3M	73.9M	46.6M
Short Long Term Debt Total	10.2M	73.0M	62.9M	62.5M	71.9M	46.2M
Short Long Term Debt	115.9K	23.4M	9.6M	14.3M	16.5M	10.7M
Short Term Debt	4.9M	31.6M	11.7M	14.3M	16.5M	14.0M

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When determining whether Argo Blockchain PLC is a strong investment it is important to analyze Argo Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Please note, there is a significant difference between Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo 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.

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Argo Change To Account Receivables vs Change In Cash Analysis

Change To Account Receivables vs Change In Cash

Change To Account Receivables vs Change In Cash Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Change In Cash

Argo Blockchain fundamental ratios Correlations

Argo Blockchain Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argo Blockchain fundamental ratios Accounts

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Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Current Liabilities

Capital Stock	- 0.79	Retained Earnings
Common Stock Shares Outstanding	- 0.71	Retained Earnings
Retained Earnings	- 0.68	Net Debt
Property Plant And Equipment Gross	- 0.67	Retained Earnings
Common Stock Total Equity	- 0.67	Retained Earnings
Retained Earnings	- 0.67	Other Current Liab