Bitcoin Short Term Investments vs Net Tangible Assets Analysis

BTM Stock

1.85 0.01 0.54%

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 Short Term Investments and its Net Tangible Assets 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.

Short Term Investments vs Net Tangible Assets

Short Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Short Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Bitcoin Depot's Short Term Investments and Net Tangible Assets is 0.91. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Tangible Assets 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 Short Term Investments and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Bitcoin Depot are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Investments i.e., Bitcoin Depot's Short Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Short Term Investments

Short Term Investments is an item under the current assets section of Bitcoin Depot balance sheet. It contains any investments Bitcoin Depot undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bitcoin Depot can easily liquidate in the marketplace.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 11th 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 Expense	8.0M	12.3M	11.9M	9.1M
Depreciation And Amortization	13.0M	18.9M	12.9M	12.9M

Interest Expense Depreciation And Amortization

Bitcoin Depot fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Total Assets		0.89	0.68	0.91	-0.57	0.96	-0.89	1.0	0.95	0.97	-0.67	0.99	0.45	-0.46	0.63	-0.66	0.38	0.78	0.88	0.87	0.99	-0.25	0.99	0.82	-0.15	-0.65
Short Long Term Debt Total	0.89		0.38	0.72	-0.18	0.84	-0.67	0.92	0.98	0.81	-0.28	0.88	0.0	-0.03	0.9	-0.26	-0.03	0.94	0.99	0.66	0.87	0.2	0.85	0.74	0.24	-0.3
Other Current Liab	0.68	0.38		0.91	-0.91	0.66	-0.91	0.67	0.57	0.82	-0.91	0.74	0.82	-0.67	-0.04	-0.91	0.88	0.14	0.41	0.72	0.76	-0.74	0.79	0.75	-0.56	-0.93
Total Current Liabilities	0.91	0.72	0.91		-0.79	0.85	-0.99	0.91	0.84	0.97	-0.83	0.95	0.64	-0.57	0.35	-0.82	0.64	0.5	0.72	0.8	0.96	-0.5	0.96	0.92	-0.39	-0.86
Total Stockholder Equity	-0.57	-0.18	-0.91	-0.79		-0.53	0.84	-0.54	-0.35	-0.7	0.99	-0.62	-0.97	0.91	0.27	0.98	-0.93	0.07	-0.16	-0.61	-0.64	0.92	-0.66	-0.65	0.83	0.98
Other Liab	0.96	0.84	0.66	0.85	-0.53		-0.81	0.95	0.9	0.96	-0.65	0.95	0.45	-0.43	0.6	-0.65	0.42	0.79	0.86	0.96	0.94	-0.23	0.95	0.66	-0.03	-0.57
Net Tangible Assets	-0.89	-0.67	-0.91	-0.99	0.84	-0.81		-0.89	-0.79	-0.95	0.88	-0.93	-0.71	0.66	-0.28	0.86	-0.68	-0.43	-0.65	-0.77	-0.94	0.58	-0.94	-0.92	0.5	0.91
Property Plant And Equipment Net	1.0	0.92	0.67	0.91	-0.54	0.95	-0.89		0.97	0.97	-0.64	0.99	0.4	-0.41	0.67	-0.62	0.34	0.8	0.91	0.84	0.99	-0.2	0.98	0.84	-0.11	-0.63
Net Debt	0.95	0.98	0.57	0.84	-0.35	0.9	-0.79	0.97		0.9	-0.45	0.95	0.18	-0.17	0.8	-0.43	0.17	0.88	0.98	0.76	0.94	0.02	0.93	0.81	0.11	-0.46
Accounts Payable	0.97	0.81	0.82	0.97	-0.7	0.96	-0.95	0.97	0.9		-0.78	0.99	0.58	-0.53	0.48	-0.77	0.56	0.66	0.81	0.91	0.99	-0.39	1.0	0.83	-0.24	-0.76
Cash	-0.67	-0.28	-0.91	-0.83	0.99	-0.65	0.88	-0.64	-0.45	-0.78		-0.7	-0.96	0.91	0.15	1.0	-0.91	-0.07	-0.27	-0.72	-0.72	0.88	-0.74	-0.65	0.75	0.97
Non Current Assets Total	0.99	0.88	0.74	0.95	-0.62	0.95	-0.93	0.99	0.95	0.99	-0.7		0.47	-0.46	0.59	-0.69	0.44	0.74	0.87	0.86	1.0	-0.28	1.0	0.86	-0.18	-0.7
Non Currrent Assets Other	0.45	0.0	0.82	0.64	-0.97	0.45	-0.71	0.4	0.18	0.58	-0.96	0.47		-0.95	-0.41	-0.96	0.95	-0.18	0.0	0.58	0.5	-0.97	0.53	0.44	-0.84	-0.9
Other Assets	-0.46	-0.03	-0.67	-0.57	0.91	-0.43	0.66	-0.41	-0.17	-0.53	0.91	-0.46	-0.95		0.34	0.91	-0.8	0.13	0.01	-0.51	-0.49	0.92	-0.5	-0.42	0.87	0.85
Long Term Debt	0.63	0.9	-0.04	0.35	0.27	0.6	-0.28	0.67	0.8	0.48	0.15	0.59	-0.41	0.34		0.17	-0.45	0.96	0.89	0.39	0.57	0.6	0.54	0.42	0.59	0.14
Cash And Short Term Investments	-0.66	-0.26	-0.91	-0.82	0.98	-0.65	0.86	-0.62	-0.43	-0.77	1.0	-0.69	-0.96	0.91	0.17		-0.92	-0.06	-0.26	-0.73	-0.71	0.89	-0.73	-0.63	0.75	0.96
Common Stock Shares Outstanding	0.38	-0.03	0.88	0.64	-0.93	0.42	-0.68	0.34	0.17	0.56	-0.91	0.44	0.95	-0.8	-0.45	-0.92		-0.22	0.0	0.59	0.45	-0.93	0.5	0.41	-0.72	-0.86
Non Current Liabilities Total	0.78	0.94	0.14	0.5	0.07	0.79	-0.43	0.8	0.88	0.66	-0.07	0.74	-0.18	0.13	0.96	-0.06	-0.22		0.95	0.63	0.71	0.4	0.7	0.46	0.48	-0.03
Capital Lease Obligations	0.88	0.99	0.41	0.72	-0.16	0.86	-0.65	0.91	0.98	0.81	-0.27	0.87	0.0	0.01	0.89	-0.26	0.0	0.95		0.71	0.86	0.21	0.85	0.69	0.3	-0.27
Other Current Assets	0.87	0.66	0.72	0.8	-0.61	0.96	-0.77	0.84	0.76	0.91	-0.72	0.86	0.58	-0.51	0.39	-0.73	0.59	0.63	0.71		0.85	-0.38	0.88	0.53	-0.1	-0.6
Total Liab	0.99	0.87	0.76	0.96	-0.64	0.94	-0.94	0.99	0.94	0.99	-0.72	1.0	0.5	-0.49	0.57	-0.71	0.45	0.71	0.86	0.85		-0.31	1.0	0.88	-0.22	-0.72
Net Invested Capital	-0.25	0.2	-0.74	-0.5	0.92	-0.23	0.58	-0.2	0.02	-0.39	0.88	-0.28	-0.97	0.92	0.6	0.89	-0.93	0.4	0.21	-0.38	-0.31		-0.34	-0.33	0.91	0.85
Property Plant And Equipment Gross	0.99	0.85	0.79	0.96	-0.66	0.95	-0.94	0.98	0.93	1.0	-0.74	1.0	0.53	-0.5	0.54	-0.73	0.5	0.7	0.85	0.88	1.0	-0.34		0.86	-0.22	-0.73
Short Long Term Debt	0.82	0.74	0.75	0.92	-0.65	0.66	-0.92	0.84	0.81	0.83	-0.65	0.86	0.44	-0.42	0.42	-0.63	0.41	0.46	0.69	0.53	0.88	-0.33	0.86		-0.39	-0.77
Total Current Assets	-0.15	0.24	-0.56	-0.39	0.83	-0.03	0.5	-0.11	0.11	-0.24	0.75	-0.18	-0.84	0.87	0.59	0.75	-0.72	0.48	0.3	-0.1	-0.22	0.91	-0.22	-0.39		0.8
Capital Stock	-0.65	-0.3	-0.93	-0.86	0.98	-0.57	0.91	-0.63	-0.46	-0.76	0.97	-0.7	-0.9	0.85	0.14	0.96	-0.86	-0.03	-0.27	-0.6	-0.72	0.85	-0.73	-0.77	0.8

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Bitcoin Depot Account Relationship Matchups

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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:

How To Invest In Bitcoin

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Is Bitcoin Stock a good investment?

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What is Bitcoin Depot's Net Worth?

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Top Sectors

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

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Bitcoin Short Term Investments vs Net Tangible Assets Analysis

Short Term Investments vs Net Tangible Assets

Short Term Investments vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Tangible Assets

Bitcoin Depot fundamental ratios Correlations

Bitcoin Depot Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Total Liab

Net Tangible Assets	- 0.99	Total Current Liabilities
Net Invested Capital	- 0.97	Non Currrent Assets Other
Non Currrent Assets Other	- 0.97	Total Stockholder Equity
Cash And Short Term Investments	- 0.96	Non Currrent Assets Other
Non Currrent Assets Other	- 0.96	Cash
Other Assets	- 0.95	Non Currrent Assets Other