BTC Net Debt vs Cash Analysis

BTCT Stock

14.68 0.05 0.34%

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

For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Net Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BTC Digital's Net Debt and Cash is -0.42. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of BTC Digital, assuming nothing else is changed. The correlation between historical values of BTC Digital's Net Debt and 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 Net Debt of BTC Digital are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., BTC Digital's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of BTC Digital, which is listed under current asset account on BTC Digital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BTC Digital customers. The amounts must be unrestricted with restricted cash listed in a different BTC Digital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from BTC Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Digital 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 BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.At this time, BTC Digital's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 38.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.4M	141K	63K	59.9K
Depreciation And Amortization	17.3M	5.5M	3.2M	3.0M

Interest Expense Depreciation And Amortization

BTC Digital fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Long Term Debt Total
Common Stock Shares Outstanding		-0.93	-0.25	-0.97	0.76	-0.59	-0.97	0.15	-0.22	-0.76	-0.87	-0.86	-0.92	-0.87	-0.79	-0.94	-0.44	-0.89	-0.14	0.3	-0.92	-0.88	-0.22	-0.81	0.18	-0.98
Total Assets	-0.93		0.26	0.98	-0.79	0.78	0.95	0.09	0.05	0.81	0.86	0.97	0.86	0.86	0.72	0.87	0.69	0.93	0.32	-0.17	0.99	0.87	0.5	0.61	-0.23	0.88
Other Current Liab	-0.25	0.26		0.31	-0.66	0.43	0.15	0.56	-0.32	-0.29	-0.06	0.37	0.33	-0.06	-0.32	0.22	0.47	0.12	0.22	0.11	0.37	-0.03	0.06	-0.18	-0.62	0.15
Total Current Liabilities	-0.97	0.98	0.31		-0.83	0.71	0.98	0.0	0.16	0.77	0.88	0.94	0.91	0.88	0.75	0.92	0.6	0.93	0.27	-0.27	0.98	0.88	0.37	0.7	-0.31	0.94
Total Stockholder Equity	0.76	-0.79	-0.66	-0.83		-0.78	-0.74	-0.38	-0.22	-0.31	-0.51	-0.86	-0.87	-0.51	-0.32	-0.82	-0.73	-0.6	-0.05	0.44	-0.87	-0.48	-0.42	-0.43	0.65	-0.76
Property Plant And Equipment Net	-0.59	0.78	0.43	0.71	-0.78		0.58	0.67	-0.16	0.38	0.36	0.9	0.68	0.36	0.18	0.65	0.98	0.53	0.1	-0.08	0.82	0.39	0.86	0.11	-0.28	0.53
Current Deferred Revenue	-0.97	0.95	0.15	0.98	-0.74	0.58		-0.18	0.27	0.84	0.94	0.87	0.89	0.94	0.86	0.91	0.46	0.95	0.25	-0.33	0.94	0.93	0.26	0.81	-0.24	0.96
Net Debt	0.15	0.09	0.56	0.0	-0.38	0.67	-0.18		-0.39	-0.38	-0.42	0.31	0.06	-0.42	-0.6	-0.02	0.77	-0.22	-0.05	0.14	0.17	-0.39	0.72	-0.59	-0.32	-0.2
Retained Earnings	-0.22	0.05	-0.32	0.16	-0.22	-0.16	0.27	-0.39		0.12	0.22	0.02	0.37	0.22	0.38	0.41	-0.23	0.02	-0.59	-0.96	0.08	0.1	-0.15	0.62	-0.26	0.43
Accounts Payable	-0.76	0.81	-0.29	0.77	-0.31	0.38	0.84	-0.38	0.12		0.94	0.67	0.57	0.94	0.94	0.64	0.28	0.91	0.4	-0.07	0.72	0.94	0.27	0.7	0.13	0.73
Cash	-0.87	0.86	-0.06	0.88	-0.51	0.36	0.94	-0.42	0.22	0.94		0.72	0.7	1.0	0.95	0.75	0.25	0.97	0.42	-0.2	0.8	0.99	0.11	0.81	-0.11	0.85
Non Current Assets Total	-0.86	0.97	0.37	0.94	-0.86	0.9	0.87	0.31	0.02	0.67	0.72		0.87	0.72	0.56	0.86	0.83	0.83	0.23	-0.19	0.99	0.73	0.64	0.48	-0.31	0.82
Non Currrent Assets Other	-0.92	0.86	0.33	0.91	-0.87	0.68	0.89	0.06	0.37	0.57	0.7	0.87		0.7	0.62	0.99	0.55	0.73	-0.09	-0.51	0.9	0.69	0.34	0.76	-0.27	0.94
Cash And Short Term Investments	-0.87	0.86	-0.06	0.88	-0.51	0.36	0.94	-0.42	0.22	0.94	1.0	0.72	0.7		0.95	0.75	0.25	0.97	0.42	-0.2	0.8	0.99	0.11	0.81	-0.11	0.85
Net Receivables	-0.79	0.72	-0.32	0.75	-0.32	0.18	0.86	-0.6	0.38	0.94	0.95	0.56	0.62	0.95		0.7	0.05	0.86	0.22	-0.29	0.65	0.93	0.01	0.89	0.09	0.81
Good Will	-0.94	0.87	0.22	0.92	-0.82	0.65	0.91	-0.02	0.41	0.64	0.75	0.86	0.99	0.75	0.7		0.5	0.75	-0.11	-0.52	0.89	0.73	0.33	0.81	-0.2	0.97
Non Current Liabilities Total	-0.44	0.69	0.47	0.6	-0.73	0.98	0.46	0.77	-0.23	0.28	0.25	0.83	0.55	0.25	0.05	0.5		0.43	0.19	-0.02	0.73	0.27	0.89	-0.06	-0.37	0.38
Inventory	-0.89	0.93	0.12	0.93	-0.6	0.53	0.95	-0.22	0.02	0.91	0.97	0.83	0.73	0.97	0.86	0.75	0.43		0.52	-0.05	0.89	0.98	0.24	0.68	-0.15	0.83
Other Current Assets	-0.14	0.32	0.22	0.27	-0.05	0.1	0.25	-0.05	-0.59	0.4	0.42	0.23	-0.09	0.42	0.22	-0.11	0.19	0.52		0.61	0.27	0.45	-0.01	-0.13	-0.19	-0.01
Other Stockholder Equity	0.3	-0.17	0.11	-0.27	0.44	-0.08	-0.33	0.14	-0.96	-0.07	-0.2	-0.19	-0.51	-0.2	-0.29	-0.52	-0.02	-0.05	0.61		-0.24	-0.09	-0.04	-0.56	0.41	-0.5
Total Liab	-0.92	0.99	0.37	0.98	-0.87	0.82	0.94	0.17	0.08	0.72	0.8	0.99	0.9	0.8	0.65	0.89	0.73	0.89	0.27	-0.24		0.81	0.51	0.59	-0.34	0.88
Total Current Assets	-0.88	0.87	-0.03	0.88	-0.48	0.39	0.93	-0.39	0.1	0.94	0.99	0.73	0.69	0.99	0.93	0.73	0.27	0.98	0.45	-0.09	0.81		0.12	0.77	-0.03	0.83
Short Term Debt	-0.22	0.5	0.06	0.37	-0.42	0.86	0.26	0.72	-0.15	0.27	0.11	0.64	0.34	0.11	0.01	0.33	0.89	0.24	-0.01	-0.04	0.51	0.12		-0.15	-0.09	0.2
Intangible Assets	-0.81	0.61	-0.18	0.7	-0.43	0.11	0.81	-0.59	0.62	0.7	0.81	0.48	0.76	0.81	0.89	0.81	-0.06	0.68	-0.13	-0.56	0.59	0.77	-0.15		0.02	0.88
Common Stock	0.18	-0.23	-0.62	-0.31	0.65	-0.28	-0.24	-0.32	-0.26	0.13	-0.11	-0.31	-0.27	-0.11	0.09	-0.2	-0.37	-0.15	-0.19	0.41	-0.34	-0.03	-0.09	0.02		-0.22
Short Long Term Debt Total	-0.98	0.88	0.15	0.94	-0.76	0.53	0.96	-0.2	0.43	0.73	0.85	0.82	0.94	0.85	0.81	0.97	0.38	0.83	-0.01	-0.5	0.88	0.83	0.2	0.88	-0.22

Click cells to compare fundamentals

BTC Digital Account Relationship Matchups

BTC Digital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	80.7K	109.7K	864.3K	1.1M	1.5M	1.6M
Total Assets	1.5B	1.1B	885.4M	209.3M	24.5M	23.3M
Other Current Liab	119.6M	2.0B	106.2M	72.0M	4.1M	3.9M
Total Current Liabilities	1.3B	1.2B	714.9M	76.3M	5.1M	4.8M
Total Stockholder Equity	(260.9M)	(378.7M)	22.4M	133.0M	19.4M	20.4M
Property Plant And Equipment Net	715.3M	469.5M	191.4M	92.4M	12.7M	12.1M
Current Deferred Revenue	902.7M	726.5M	552.8M	792K	712.8K	677.2K
Net Debt	427.6M	375.3M	(66.8M)	5.7M	82K	77.9K
Retained Earnings	(525.3M)	(936.2M)	(1.3B)	(1.3B)	(186.6M)	(195.9M)
Accounts Payable	15.7M	2.6M	16.2M	3.5M	128K	121.6K
Cash	140.1M	90.1M	168.4M	333K	43K	40.9K
Non Current Assets Total	1.1B	866.0M	495.6M	112.3M	15.6M	14.8M
Cash And Short Term Investments	140.1M	90.1M	168.4M	333K	43K	40.9K
Net Receivables	63.8M	9.0M	67.0M	8.9M	5.5M	5.2M
Liabilities And Stockholders Equity	1.5B	1.1B	885.4M	209.3M	24.5M	23.3M
Inventory	108.2M	91.3M	121.2M	22.3M	2.6M	2.5M
Other Current Assets	5.5M	15.9M	34.7M	5.1M	3.4M	3.2M
Other Stockholder Equity	264.2M	617.9M	1.3B	1.3B	205.9M	195.6M
Total Liab	1.7B	1.5B	848.8M	76.3M	5.1M	4.8M
Total Current Assets	317.7M	232.8M	389.7M	96.9M	8.9M	8.5M
Short Term Debt	234.2M	40.6M	41.8M	870K	125K	118.8K

Thematic Opportunities

Explore Investment Opportunities

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.

Explore Investing Ideas

Additional Tools for BTC Stock Analysis

When running BTC Digital's price analysis, check to measure BTC Digital'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 BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to predict the probability of BTC Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC