Bitcoin Gross Profit vs Total Revenue Analysis

BTM Stock   1.69  0.14  7.65%   
Bitcoin Depot financial indicator trend analysis is way more than just evaluating Bitcoin Depot prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bitcoin Depot is a good investment. Please check the relationship between Bitcoin Depot Gross Profit and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bitcoin Depot's Gross Profit and Total Revenue is 0.97. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Bitcoin Depot, assuming nothing else is changed. The correlation between historical values of Bitcoin Depot's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Bitcoin Depot are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Bitcoin Depot's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bitcoin Depot minus its cost of goods sold. It is profit before Bitcoin Depot operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts Bitcoin Depot generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Bitcoin Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitcoin Depot 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 Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.As of the 4th of December 2024, Tax Provision is likely to grow to about 75 K, while Selling General Administrative is likely to drop about 37.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense8.0M12.3M11.9M9.1M
Depreciation And Amortization13.0M18.9M12.9M12.9M

Bitcoin Depot fundamental ratios Correlations

0.890.680.91-0.570.96-0.891.00.950.97-0.670.990.45-0.460.63-0.660.380.780.880.870.99-0.250.990.82-0.15-0.65
0.890.380.72-0.180.84-0.670.920.980.81-0.280.880.0-0.030.9-0.26-0.030.940.990.660.870.20.850.740.24-0.3
0.680.380.91-0.910.66-0.910.670.570.82-0.910.740.82-0.67-0.04-0.910.880.140.410.720.76-0.740.790.75-0.56-0.93
0.910.720.91-0.790.85-0.990.910.840.97-0.830.950.64-0.570.35-0.820.640.50.720.80.96-0.50.960.92-0.39-0.86
-0.57-0.18-0.91-0.79-0.530.84-0.54-0.35-0.70.99-0.62-0.970.910.270.98-0.930.07-0.16-0.61-0.640.92-0.66-0.650.830.98
0.960.840.660.85-0.53-0.810.950.90.96-0.650.950.45-0.430.6-0.650.420.790.860.960.94-0.230.950.66-0.03-0.57
-0.89-0.67-0.91-0.990.84-0.81-0.89-0.79-0.950.88-0.93-0.710.66-0.280.86-0.68-0.43-0.65-0.77-0.940.58-0.94-0.920.50.91
1.00.920.670.91-0.540.95-0.890.970.97-0.640.990.4-0.410.67-0.620.340.80.910.840.99-0.20.980.84-0.11-0.63
0.950.980.570.84-0.350.9-0.790.970.9-0.450.950.18-0.170.8-0.430.170.880.980.760.940.020.930.810.11-0.46
0.970.810.820.97-0.70.96-0.950.970.9-0.780.990.58-0.530.48-0.770.560.660.810.910.99-0.391.00.83-0.24-0.76
-0.67-0.28-0.91-0.830.99-0.650.88-0.64-0.45-0.78-0.7-0.960.910.151.0-0.91-0.07-0.27-0.72-0.720.88-0.74-0.650.750.97
0.990.880.740.95-0.620.95-0.930.990.950.99-0.70.47-0.460.59-0.690.440.740.870.861.0-0.281.00.86-0.18-0.7
0.450.00.820.64-0.970.45-0.710.40.180.58-0.960.47-0.95-0.41-0.960.95-0.180.00.580.5-0.970.530.44-0.84-0.9
-0.46-0.03-0.67-0.570.91-0.430.66-0.41-0.17-0.530.91-0.46-0.950.340.91-0.80.130.01-0.51-0.490.92-0.5-0.420.870.85
0.630.9-0.040.350.270.6-0.280.670.80.480.150.59-0.410.340.17-0.450.960.890.390.570.60.540.420.590.14
-0.66-0.26-0.91-0.820.98-0.650.86-0.62-0.43-0.771.0-0.69-0.960.910.17-0.92-0.06-0.26-0.73-0.710.89-0.73-0.630.750.96
0.38-0.030.880.64-0.930.42-0.680.340.170.56-0.910.440.95-0.8-0.45-0.92-0.220.00.590.45-0.930.50.41-0.72-0.86
0.780.940.140.50.070.79-0.430.80.880.66-0.070.74-0.180.130.96-0.06-0.220.950.630.710.40.70.460.48-0.03
0.880.990.410.72-0.160.86-0.650.910.980.81-0.270.870.00.010.89-0.260.00.950.710.860.210.850.690.3-0.27
0.870.660.720.8-0.610.96-0.770.840.760.91-0.720.860.58-0.510.39-0.730.590.630.710.85-0.380.880.53-0.1-0.6
0.990.870.760.96-0.640.94-0.940.990.940.99-0.721.00.5-0.490.57-0.710.450.710.860.85-0.311.00.88-0.22-0.72
-0.250.2-0.74-0.50.92-0.230.58-0.20.02-0.390.88-0.28-0.970.920.60.89-0.930.40.21-0.38-0.31-0.34-0.330.910.85
0.990.850.790.96-0.660.95-0.940.980.931.0-0.741.00.53-0.50.54-0.730.50.70.850.881.0-0.340.86-0.22-0.73
0.820.740.750.92-0.650.66-0.920.840.810.83-0.650.860.44-0.420.42-0.630.410.460.690.530.88-0.330.86-0.39-0.77
-0.150.24-0.56-0.390.83-0.030.5-0.110.11-0.240.75-0.18-0.840.870.590.75-0.720.480.3-0.1-0.220.91-0.22-0.390.8
-0.65-0.3-0.93-0.860.98-0.570.91-0.63-0.46-0.760.97-0.7-0.90.850.140.96-0.86-0.03-0.27-0.6-0.720.85-0.73-0.770.8
Click cells to compare fundamentals

Bitcoin Depot Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Bitcoin Depot is a strong investment it is important to analyze Bitcoin Depot'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 Bitcoin Depot's future performance. For an informed investment choice regarding Bitcoin Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitcoin Depot. If investors know Bitcoin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitcoin Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.89)
Revenue Per Share
36.273
Quarterly Revenue Growth
(0.17)
Return On Assets
0.1381
Return On Equity
(0.10)
The market value of Bitcoin Depot is measured differently than its book value, which is the value of Bitcoin that is recorded on the company's balance sheet. Investors also form their own opinion of Bitcoin Depot's value that differs from its market value or its book value, called intrinsic value, which is Bitcoin Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitcoin Depot's market value can be influenced by many factors that don't directly affect Bitcoin Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitcoin Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitcoin Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitcoin Depot'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.