BTC Net Debt vs Long Term Investments 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 Long Term Investments 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 Long Term Investments

Net Debt vs Long Term Investments 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 Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between BTC Digital's Net Debt and Long Term Investments is -0.16. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Investments 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 Long Term Investments 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 Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., BTC Digital's Net Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Long Term Investments

Long Term Investments is an item on the asset side of BTC Digital balance sheet that represents investments BTC Digital intends to hold for over a year. BTC Digital long term investments may include different instruments such as stocks, bonds, real estate and cash.

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

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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

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