CleanSpark Historical Balance Sheet

CLSK Stock  USD 13.86  0.83  6.37%   
Trend analysis of CleanSpark balance sheet accounts such as Other Current Liab of 1.4 M, Total Current Liabilities of 89.4 M or Total Stockholder Equity of 817.8 M provides information on CleanSpark's total assets, liabilities, and equity, which is the actual value of CleanSpark to its prevalent stockholders. By breaking down trends over time using CleanSpark balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining CleanSpark latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CleanSpark is a good buy for the upcoming year.

CleanSpark Inventory

764,505

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.

About CleanSpark Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CleanSpark at a specified time, usually calculated after every quarter, six months, or one year. CleanSpark Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CleanSpark and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CleanSpark currently owns. An asset can also be divided into two categories, current and non-current.

CleanSpark Balance Sheet Chart

At this time, CleanSpark's Accounts Payable is quite stable compared to the past year. Common Stock Total Equity is expected to rise to about 67.2 K this year, although the value of Other Current Assets will most likely fall to about 16.6 M.

Total Current Liabilities

Total Current Liabilities is an item on CleanSpark balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CleanSpark are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents CleanSpark obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CleanSpark are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Additional Paid In Capital

Additional Paid In Capital (or APIC) is an accounting term found on CleanSpark Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x CleanSpark Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of CleanSpark shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.
Most accounts from CleanSpark's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CleanSpark current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.At this time, CleanSpark's Accounts Payable is quite stable compared to the past year. Common Stock Total Equity is expected to rise to about 67.2 K this year, although the value of Other Current Assets will most likely fall to about 16.6 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities1.2M1.2M1.4M1.4M
Short and Long Term Debt Total22.2M16.7M19.3M20.2M

CleanSpark balance sheet Correlations

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Click cells to compare fundamentals

CleanSpark Account Relationship Matchups

CleanSpark balance sheet Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total572.5K2.4M22.2M16.7M19.3M20.2M
Other Current Liab750K2.3M1.2M1.2M1.4M1.4M
Total Current Liabilities5.4M10.1M34.0M74.1M85.2M89.4M
Total Stockholder Equity16.4M305.7M404.0M677.2M778.8M817.8M
Net Debt(2.6M)(15.7M)1.8M(12.5M)(11.2M)(10.7M)
Retained Earnings(116.4M)(138.4M)(196.1M)(332.6M)(299.4M)(284.4M)
Accounts Payable4.5M7.0M24.7M65.6M75.4M79.2M
Common Stock Total Equity4.7K17.4K37.4K55.7K64.0K67.2K
Common Stock Shares Outstanding9.6M29.4M42.6M102.7M118.1M124.0M
Other Stockholder Equity132.8M444.1M599.9M1.0B1.2B1.2B
Total Liab5.9M11.8M48.6M84.4M97.0M101.9M
Short Term Debt41.3K517.9K8.2M7.3M8.4M8.8M
Common Stock17.4K37.4K55.7K160K184K193.2K
Total Assets22.3M317.5M452.6M761.6M875.8M919.6M
Cash3.1M18.0M20.5M29.2M33.6M35.3M
Cash And Short Term Investments4.1M42.4M32.2M86.2M99.1M104.1M
Liabilities And Stockholders Equity22.3M317.5M452.6M761.6M875.8M919.6M
Total Current Assets8.3M57.7M50.8M102.2M117.5M123.4M
Other Current Assets3.2M42.0M26.2M15.2M17.5M16.6M
Net Tangible Assets5.5M2.5M273.9M397.5M457.2M480.0M
Property Plant And Equipment Net158.7K227.0M389.8M641.0M737.2M774.1M
Non Current Assets Total14.1M259.7M401.8M659.4M758.3M796.2M
Non Currrent Assets Other(14.1M)875.5K5.5M5.7M6.6M6.9M
Long Term Debt3.0M531.2K13.4M8.9M10.2M10.8M
Non Current Liabilities Total531.2K1.7M14.6M10.3M11.8M12.4M
Property Plant And Equipment Gross158.7K234.7M377.3M565.1M649.8M682.3M
Short Long Term Debt909.5K67.5K7.8M7.0M8.0M8.4M
Intangible Assets8.0M12.8M6.5M4.6M5.3M9.9M
Property Plant Equipment145.1K158.7K137.6M376.8M433.3M455.0M
Net Receivables1.1M307.1K27.0K5K5.8K5.5K
Capital Surpluse83.0M111.9M444.1M599.9M689.9M724.4M
Inventory(4.1T)2.7M216.4K809K728.1K764.5K

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When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Application Software 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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.