Gryphon Total Stockholder Equity vs Retained Earnings Analysis

GRYP Stock   0.68  0.01  1.49%   
Gryphon Digital financial indicator trend analysis is much more than just examining Gryphon Digital Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gryphon Digital Mining is a good investment. Please check the relationship between Gryphon Digital Total Stockholder Equity and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gryphon Digital Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gryphon Digital Mining Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gryphon Digital's Total Stockholder Equity and Retained Earnings is 0.1. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gryphon Digital Mining, assuming nothing else is changed. The correlation between historical values of Gryphon Digital's Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Gryphon Digital Mining are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Gryphon Digital's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
Most indicators from Gryphon Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gryphon Digital Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gryphon Digital Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Gryphon Digital's Selling General Administrative is relatively stable compared to the past year. As of 12/04/2024, Tax Provision is likely to grow to about 79.5 K, while Enterprise Value Multiple is likely to drop (32.48).
 2021 2022 2023 2024 (projected)
Cost Of Revenue12.6M9.3M13.5M8.3M
Research Development5.9M4.1M2.3M2.2M

Gryphon Digital fundamental ratios Correlations

0.590.530.94-0.02-0.2-0.090.40.420.80.420.580.430.290.790.190.970.710.580.06-0.030.750.550.880.71-0.52
0.590.780.36-0.45-0.410.340.150.150.180.670.80.24-0.110.320.280.480.250.510.320.180.710.540.410.47-0.66
0.530.780.21-0.48-0.850.590.380.380.380.861.00.51-0.20.580.360.40.030.560.40.460.750.860.470.81-0.65
0.940.360.210.170.1-0.330.30.320.770.140.270.280.430.690.10.970.820.47-0.08-0.220.550.30.820.5-0.33
-0.02-0.45-0.480.170.32-0.46-0.24-0.250.19-0.56-0.48-0.320.840.16-0.230.140.40.16-0.38-0.12-0.37-0.350.16-0.160.47
-0.2-0.41-0.850.10.32-0.67-0.17-0.17-0.17-0.81-0.81-0.30.19-0.54-0.52-0.120.1-0.57-0.58-0.63-0.37-0.88-0.16-0.790.49
-0.090.340.59-0.33-0.46-0.670.220.21-0.140.630.540.33-0.350.140.25-0.15-0.40.190.360.20.210.48-0.040.33-0.07
0.40.150.380.3-0.24-0.170.221.00.680.170.420.99-0.260.43-0.470.35-0.19-0.18-0.390.080.760.260.650.350.18
0.420.150.380.32-0.25-0.170.211.00.690.190.420.99-0.270.46-0.440.37-0.16-0.16-0.360.080.760.280.650.370.17
0.80.180.380.770.19-0.17-0.140.680.690.150.430.680.340.77-0.220.780.390.24-0.35-0.040.710.380.950.62-0.16
0.420.670.860.14-0.56-0.810.630.170.190.150.840.3-0.410.520.670.340.050.590.720.290.530.910.230.78-0.6
0.580.81.00.27-0.48-0.810.540.420.420.430.840.54-0.20.590.310.450.050.530.350.430.80.840.520.8-0.66
0.430.240.510.28-0.32-0.30.330.990.990.680.30.54-0.290.48-0.380.37-0.21-0.11-0.30.110.810.370.660.450.08
0.29-0.11-0.20.430.840.19-0.35-0.26-0.270.34-0.41-0.2-0.290.31-0.110.380.630.39-0.32-0.09-0.16-0.180.370.040.07
0.790.320.580.690.16-0.540.140.430.460.770.520.590.480.310.350.830.590.740.250.30.580.770.760.9-0.29
0.190.280.360.1-0.23-0.520.25-0.47-0.44-0.220.670.31-0.38-0.110.350.210.40.720.960.27-0.130.67-0.20.53-0.57
0.970.480.40.970.14-0.12-0.150.350.370.780.340.450.370.380.830.210.80.620.05-0.080.650.50.860.67-0.37
0.710.250.030.820.40.1-0.4-0.19-0.160.390.050.05-0.210.630.590.40.80.710.21-0.010.130.240.460.39-0.32
0.580.510.560.470.16-0.570.19-0.18-0.160.240.590.53-0.110.390.740.720.620.710.630.430.240.730.340.74-0.52
0.060.320.4-0.08-0.38-0.580.36-0.39-0.36-0.350.720.35-0.3-0.320.250.960.050.210.630.41-0.10.67-0.330.47-0.51
-0.030.180.46-0.22-0.12-0.630.20.080.08-0.040.290.430.11-0.090.30.27-0.08-0.010.430.410.150.5-0.090.42-0.26
0.750.710.750.55-0.37-0.370.210.760.760.710.530.80.81-0.160.58-0.130.650.130.24-0.10.150.550.80.61-0.38
0.550.540.860.3-0.35-0.880.480.260.280.380.910.840.37-0.180.770.670.50.240.730.670.50.550.380.95-0.59
0.880.410.470.820.16-0.16-0.040.650.650.950.230.520.660.370.76-0.20.860.460.34-0.33-0.090.80.380.6-0.2
0.710.470.810.5-0.16-0.790.330.350.370.620.780.80.450.040.90.530.670.390.740.470.420.610.950.6-0.57
-0.52-0.66-0.65-0.330.470.49-0.070.180.17-0.16-0.6-0.660.080.07-0.29-0.57-0.37-0.32-0.52-0.51-0.26-0.38-0.59-0.2-0.57
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Gryphon Digital Account Relationship Matchups

Gryphon Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.5M24.5M77.2M94.5M19.5M18.8M
Other Current Liab(5.6M)2.7M24.3M7.3M1.9M1.8M
Total Current Liabilities391.7K2.4M15.7M29.2M22.5M19.4M
Total Stockholder Equity58.1M22.1M57.5M59.9M(4.8M)(599K)
Net Tangible Assets1.5M(16.1M)(18.3M)(11.5M)(10.4M)(9.9M)
Retained Earnings(31.5K)(25.2M)(57.9M)(88.5M)(167.6M)(179.1M)
Accounts Payable314.4K1.3M513.6K1.7M1.4M2.2M
Cash4.5K21.9M18.3M13.1M7.9M915K
Cash And Short Term Investments21.9M18.3M13.1M7.9M1.3M1.3M
Other Current Assets1.1M1.6M3.6M2.4M3.6M2.0M
Total Liab391.7K2.4M19.6M34.5M24.3M19.4M
Total Current Assets21.0K24.5M22.6M18.1M10.7M5.4M
Common Stock1.1K2.0K155.023.052.049.4
Net Debt(5.5M)(2.7M)4.2M6.7M14.0M14.7M
Non Current Assets Total58.5M30.8M54.6M76.4M8.7M13.4M
Non Currrent Assets Other58.5M41.9K11.3M29.8M8.6M420K
Common Stock Shares Outstanding302.3K40.1K13.4M20.9M25.0M26.2M
Liabilities And Stockholders Equity24.5M77.2M94.5M19.5M18.8M17.9M
Other Stockholder Equity47.3M95.1M148.5M160.6M178.6M99.8M
Net Invested Capital58.1M48.2M74.9M7.6M8.7M8.3M
Net Working Capital(370.8K)16.0M(10.9M)(7.8M)(7.0M)(6.7M)

Pair Trading with Gryphon Digital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gryphon Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gryphon Digital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gryphon Stock

  0.68MARA Marathon Digital Holdings Aggressive PushPairCorr

Moving against Gryphon Stock

  0.46VRRM Verra Mobility CorpPairCorr
  0.44VRME VerifyMePairCorr
  0.34ENLV Enlivex TherapeuticsPairCorr
The ability to find closely correlated positions to Gryphon Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gryphon Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gryphon Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gryphon Digital Mining to buy it.
The correlation of Gryphon Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gryphon Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gryphon Digital Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gryphon Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Gryphon Stock Analysis

When running Gryphon Digital's price analysis, check to measure Gryphon Digital'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 Gryphon Digital is operating at the current time. Most of Gryphon Digital's value examination focuses on studying past and present price action to predict the probability of Gryphon Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gryphon Digital's price. Additionally, you may evaluate how the addition of Gryphon Digital to your portfolios can decrease your overall portfolio volatility.