HIVE Current Deferred Revenue vs Cash And Short Term Investments Analysis

HIVE Stock

CAD 4.65 0.11 2.42%

HIVE Blockchain financial indicator trend analysis is much more than just examining HIVE Blockchain Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HIVE Blockchain Tech is a good investment. Please check the relationship between HIVE Blockchain Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HIVE Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between HIVE Blockchain's Current Deferred Revenue and Cash And Short Term Investments is -0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of HIVE Blockchain Technologies, assuming nothing else is changed. The correlation between historical values of HIVE Blockchain's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of HIVE Blockchain Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., HIVE Blockchain's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of HIVE Blockchain Tech balance sheet. This account contains HIVE Blockchain investments that will expire within one year. These investments include stocks and bonds that can be liquidated by HIVE Blockchain Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from HIVE Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HIVE Blockchain Tech 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 HIVE Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, HIVE Blockchain's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 7.5 M in 2025, whereas Discontinued Operations is likely to drop (422.2 K) in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	3.7M	3.6M	4.1M	4.3M
Depreciation And Amortization	81.7M	65.9M	75.8M	79.6M

Interest Expense Depreciation And Amortization

HIVE Blockchain fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Inventory	Net Tangible Assets	Short Long Term Debt
Total Assets		0.93	0.67	0.95	1.0	0.97	-0.7	0.77	-0.66	0.94	0.36	0.97	0.73	0.93	0.72	0.45	0.86	0.95	0.93	0.96	0.98	0.95	0.92	0.95	0.95	0.96
Short Long Term Debt Total	0.93		0.52	0.92	0.91	0.9	-0.7	0.81	-0.73	0.92	0.44	0.88	0.63	0.9	0.76	0.31	0.88	0.91	0.95	1.0	0.93	0.95	0.92	0.91	0.93	0.94
Other Current Liab	0.67	0.52		0.76	0.68	0.62	-0.63	0.37	-0.72	0.48	0.21	0.61	0.39	0.8	0.41	0.63	0.69	0.66	0.68	0.57	0.69	0.7	0.78	0.66	0.76	0.72
Total Current Liabilities	0.95	0.92	0.76		0.95	0.93	-0.7	0.82	-0.83	0.91	0.24	0.88	0.53	0.92	0.61	0.39	0.9	0.97	0.98	0.94	0.97	0.99	0.98	0.97	0.99	0.99
Total Stockholder Equity	1.0	0.91	0.68	0.95		0.97	-0.7	0.76	-0.64	0.93	0.34	0.97	0.73	0.93	0.71	0.47	0.84	0.95	0.92	0.94	0.97	0.94	0.91	0.95	0.94	0.95
Property Plant And Equipment Net	0.97	0.9	0.62	0.93	0.97		-0.66	0.85	-0.61	0.96	0.18	0.98	0.68	0.89	0.58	0.44	0.8	0.91	0.92	0.92	0.91	0.92	0.88	0.91	0.94	0.93
Current Deferred Revenue	-0.7	-0.7	-0.63	-0.7	-0.7	-0.66		-0.37	0.74	-0.53	-0.59	-0.7	-0.59	-0.75	-0.74	-0.7	-0.9	-0.58	-0.68	-0.71	-0.67	-0.74	-0.8	-0.58	-0.68	-0.73
Net Debt	0.77	0.81	0.37	0.82	0.76	0.85	-0.37		-0.6	0.92	-0.17	0.75	0.27	0.65	0.24	0.02	0.65	0.82	0.86	0.8	0.75	0.82	0.74	0.81	0.83	0.83
Retained Earnings	-0.66	-0.73	-0.72	-0.83	-0.64	-0.61	0.74	-0.6		-0.6	-0.29	-0.53	-0.15	-0.72	-0.49	-0.29	-0.89	-0.74	-0.83	-0.74	-0.74	-0.85	-0.89	-0.73	-0.8	-0.83
Accounts Payable	0.94	0.92	0.48	0.91	0.93	0.96	-0.53	0.92	-0.6		0.13	0.91	0.56	0.81	0.54	0.21	0.77	0.94	0.92	0.93	0.91	0.91	0.85	0.93	0.91	0.92
Cash	0.36	0.44	0.21	0.24	0.34	0.18	-0.59	-0.17	-0.29	0.13		0.32	0.61	0.47	0.89	0.46	0.47	0.24	0.26	0.44	0.38	0.31	0.36	0.25	0.25	0.29
Non Current Assets Total	0.97	0.88	0.61	0.88	0.97	0.98	-0.7	0.75	-0.53	0.91	0.32		0.81	0.91	0.67	0.55	0.78	0.86	0.86	0.9	0.89	0.87	0.84	0.86	0.9	0.89
Non Currrent Assets Other	0.73	0.63	0.39	0.53	0.73	0.68	-0.59	0.27	-0.15	0.56	0.61	0.81		0.74	0.76	0.73	0.5	0.51	0.49	0.65	0.61	0.53	0.51	0.52	0.57	0.54
Other Assets	0.93	0.9	0.8	0.92	0.93	0.89	-0.75	0.65	-0.72	0.81	0.47	0.91	0.74		0.74	0.62	0.85	0.87	0.9	0.92	0.91	0.91	0.92	0.86	0.95	0.92
Cash And Short Term Investments	0.72	0.76	0.41	0.61	0.71	0.58	-0.74	0.24	-0.49	0.54	0.89	0.67	0.76	0.74		0.46	0.74	0.62	0.61	0.77	0.73	0.66	0.68	0.63	0.6	0.65
Net Receivables	0.45	0.31	0.63	0.39	0.47	0.44	-0.7	0.02	-0.29	0.21	0.46	0.55	0.73	0.62	0.46		0.46	0.23	0.31	0.34	0.34	0.36	0.43	0.23	0.42	0.37
Common Stock Shares Outstanding	0.86	0.88	0.69	0.9	0.84	0.8	-0.9	0.65	-0.89	0.77	0.47	0.78	0.5	0.85	0.74	0.46		0.84	0.9	0.89	0.88	0.94	0.97	0.84	0.88	0.93
Other Current Assets	0.95	0.91	0.66	0.97	0.95	0.91	-0.58	0.82	-0.74	0.94	0.24	0.86	0.51	0.87	0.62	0.23	0.84		0.96	0.94	0.99	0.96	0.93	1.0	0.95	0.97
Other Stockholder Equity	0.93	0.95	0.68	0.98	0.92	0.92	-0.68	0.86	-0.83	0.92	0.26	0.86	0.49	0.9	0.61	0.31	0.9	0.96		0.96	0.95	0.99	0.97	0.95	0.98	0.99
Total Liab	0.96	1.0	0.57	0.94	0.94	0.92	-0.71	0.8	-0.74	0.93	0.44	0.9	0.65	0.92	0.77	0.34	0.89	0.94	0.96		0.96	0.96	0.93	0.93	0.95	0.96
Total Current Assets	0.98	0.93	0.69	0.97	0.97	0.91	-0.67	0.75	-0.74	0.91	0.38	0.89	0.61	0.91	0.73	0.34	0.88	0.99	0.95	0.96		0.97	0.95	0.99	0.95	0.97
Short Term Debt	0.95	0.95	0.7	0.99	0.94	0.92	-0.74	0.82	-0.85	0.91	0.31	0.87	0.53	0.91	0.66	0.36	0.94	0.96	0.99	0.96	0.97		0.99	0.96	0.98	1.0
Common Stock	0.92	0.92	0.78	0.98	0.91	0.88	-0.8	0.74	-0.89	0.85	0.36	0.84	0.51	0.92	0.68	0.43	0.97	0.93	0.97	0.93	0.95	0.99		0.93	0.96	0.99
Inventory	0.95	0.91	0.66	0.97	0.95	0.91	-0.58	0.81	-0.73	0.93	0.25	0.86	0.52	0.86	0.63	0.23	0.84	1.0	0.95	0.93	0.99	0.96	0.93		0.94	0.96
Net Tangible Assets	0.95	0.93	0.76	0.99	0.94	0.94	-0.68	0.83	-0.8	0.91	0.25	0.9	0.57	0.95	0.6	0.42	0.88	0.95	0.98	0.95	0.95	0.98	0.96	0.94		0.98
Short Long Term Debt	0.96	0.94	0.72	0.99	0.95	0.93	-0.73	0.83	-0.83	0.92	0.29	0.89	0.54	0.92	0.65	0.37	0.93	0.97	0.99	0.96	0.97	1.0	0.99	0.96	0.98

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HIVE Blockchain Account Relationship Matchups

HIVE Blockchain fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	178.3M	452.3M	196.1M	307.6M	353.7M	371.4M
Short Long Term Debt Total	30.9M	43.3M	35.4M	30.7M	35.3M	37.1M
Other Current Liab	73.1K	1.0M	4.3M	7.3M	8.4M	8.8M
Total Current Liabilities	9.9M	26.2M	21.9M	27.4M	31.5M	33.0M
Total Stockholder Equity	134.5M	389.1M	148.8M	259.7M	298.6M	313.6M
Property Plant And Equipment Net	24.7M	190.1M	98.2M	103.8M	119.4M	125.4M
Net Debt	(9.4M)	38.0M	31.0M	21.0M	24.2M	25.4M
Retained Earnings	(130.6M)	(60.2M)	(296.7M)	(347.9M)	(313.1M)	(297.4M)
Accounts Payable	3.5M	12.4M	6.9M	7.5M	8.6M	9.0M
Cash	40.3M	5.3M	4.4M	9.7M	11.1M	5.6M
Non Current Assets Total	70.8M	252.0M	113.6M	122.4M	140.7M	147.7M
Non Currrent Assets Other	45.5M	61.5M	15.4M	18.5M	21.3M	20.6M
Cash And Short Term Investments	41.3M	22.3M	7.2M	16.7M	19.1M	20.1M
Net Receivables	6.8M	8.0M	9.4M	6.9M	8.0M	4.4M
Common Stock Shares Outstanding	73.3M	84.8M	82.9M	90.0M	103.5M	108.7M
Liabilities And Stockholders Equity	178.3M	452.3M	196.1M	307.6M	353.7M	371.4M
Other Current Assets	57.5M	176.8M	75.3M	168.6M	193.9M	203.6M
Other Stockholder Equity	5.4M	5.7M	15.2M	35.6M	41.0M	43.0M
Total Liab	43.9M	63.2M	47.3M	47.9M	55.1M	57.8M
Total Current Assets	107.5M	200.3M	82.5M	185.2M	213.0M	223.7M
Short Term Debt	6.3M	12.8M	10.7M	12.6M	14.5M	15.2M
Common Stock	259.9M	413.7M	419.2M	499.2M	574.1M	602.8M
Inventory	57.5M	170.0M	65.9M	161.6M	185.9M	195.2M
Accumulated Other Comprehensive Income	5.2M	35.6M	26.3M	108.4M	124.6M	130.8M
Net Tangible Assets	21.9M	21.1M	127.5M	388.7M	447.0M	469.4M
Short Long Term Debt	4.4M	10.6M	8.4M	10.1M	11.6M	12.2M
Property Plant Equipment	12.1M	8.7M	24.6M	190.1M	218.7M	229.6M
Non Current Liabilities Total	34.0M	37.1M	25.4M	20.5M	23.6M	16.2M
Short Term Investments	981.7K	17.0M	2.9M	7.0M	8.0M	6.5M
Net Invested Capital	162.3M	419.7M	173.8M	282.2M	324.5M	194.5M
Net Working Capital	97.7M	174.1M	60.6M	157.9M	181.6M	190.6M
Capital Stock	259.9M	413.7M	419.2M	499.2M	574.1M	360.9M
Capital Lease Obligations	3.1M	12.6M	10.5M	8.3M	9.5M	8.1M
Property Plant And Equipment Gross	111.4M	342.8M	273.7M	339.8M	390.7M	253.6M

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