Bitcoin Net Debt vs Gross Profit Margin Analysis
BTMWW Stock | 0.09 0.01 7.61% |
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 Net Debt and its Gross Profit Margin 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 housing. For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.
Net Debt vs Gross Profit Margin
Net Debt vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bitcoin Depot's Net Debt and Gross Profit Margin is -0.59. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin 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 Net Debt and Gross Profit Margin 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 Bitcoin Depot are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Bitcoin Depot's Net Debt and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Gross Profit Margin
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 housing. For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.Tax Provision is likely to climb to about 75 K in 2024, whereas Selling General Administrative is likely to drop slightly above 37.9 M in 2024.
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 |
Bitcoin Depot fundamental ratios Correlations
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Bitcoin Depot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bitcoin Stock Analysis
When running Bitcoin Depot's price analysis, check to measure Bitcoin Depot'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 Bitcoin Depot is operating at the current time. Most of Bitcoin Depot's value examination focuses on studying past and present price action to predict the probability of Bitcoin Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitcoin Depot's price. Additionally, you may evaluate how the addition of Bitcoin Depot to your portfolios can decrease your overall portfolio volatility.