HIVE Retained Earnings vs Other Stockholder Equity 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 Retained Earnings and its Other Stockholder Equity 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between HIVE Blockchain's Retained Earnings and Other Stockholder Equity is -0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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 Retained Earnings and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of HIVE Blockchain Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., HIVE Blockchain's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Other Stockholder Equity

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 Expense3.7M3.6M4.1M4.3M
Depreciation And Amortization81.7M65.9M75.8M79.6M

HIVE Blockchain fundamental ratios Correlations

0.930.670.951.00.97-0.70.77-0.660.940.360.970.730.930.720.450.860.950.930.960.980.950.920.950.950.96
0.930.520.920.910.9-0.70.81-0.730.920.440.880.630.90.760.310.880.910.951.00.930.950.920.910.930.94
0.670.520.760.680.62-0.630.37-0.720.480.210.610.390.80.410.630.690.660.680.570.690.70.780.660.760.72
0.950.920.760.950.93-0.70.82-0.830.910.240.880.530.920.610.390.90.970.980.940.970.990.980.970.990.99
1.00.910.680.950.97-0.70.76-0.640.930.340.970.730.930.710.470.840.950.920.940.970.940.910.950.940.95
0.970.90.620.930.97-0.660.85-0.610.960.180.980.680.890.580.440.80.910.920.920.910.920.880.910.940.93
-0.7-0.7-0.63-0.7-0.7-0.66-0.370.74-0.53-0.59-0.7-0.59-0.75-0.74-0.7-0.9-0.58-0.68-0.71-0.67-0.74-0.8-0.58-0.68-0.73
0.770.810.370.820.760.85-0.37-0.60.92-0.170.750.270.650.240.020.650.820.860.80.750.820.740.810.830.83
-0.66-0.73-0.72-0.83-0.64-0.610.74-0.6-0.6-0.29-0.53-0.15-0.72-0.49-0.29-0.89-0.74-0.83-0.74-0.74-0.85-0.89-0.73-0.8-0.83
0.940.920.480.910.930.96-0.530.92-0.60.130.910.560.810.540.210.770.940.920.930.910.910.850.930.910.92
0.360.440.210.240.340.18-0.59-0.17-0.290.130.320.610.470.890.460.470.240.260.440.380.310.360.250.250.29
0.970.880.610.880.970.98-0.70.75-0.530.910.320.810.910.670.550.780.860.860.90.890.870.840.860.90.89
0.730.630.390.530.730.68-0.590.27-0.150.560.610.810.740.760.730.50.510.490.650.610.530.510.520.570.54
0.930.90.80.920.930.89-0.750.65-0.720.810.470.910.740.740.620.850.870.90.920.910.910.920.860.950.92
0.720.760.410.610.710.58-0.740.24-0.490.540.890.670.760.740.460.740.620.610.770.730.660.680.630.60.65
0.450.310.630.390.470.44-0.70.02-0.290.210.460.550.730.620.460.460.230.310.340.340.360.430.230.420.37
0.860.880.690.90.840.8-0.90.65-0.890.770.470.780.50.850.740.460.840.90.890.880.940.970.840.880.93
0.950.910.660.970.950.91-0.580.82-0.740.940.240.860.510.870.620.230.840.960.940.990.960.931.00.950.97
0.930.950.680.980.920.92-0.680.86-0.830.920.260.860.490.90.610.310.90.960.960.950.990.970.950.980.99
0.961.00.570.940.940.92-0.710.8-0.740.930.440.90.650.920.770.340.890.940.960.960.960.930.930.950.96
0.980.930.690.970.970.91-0.670.75-0.740.910.380.890.610.910.730.340.880.990.950.960.970.950.990.950.97
0.950.950.70.990.940.92-0.740.82-0.850.910.310.870.530.910.660.360.940.960.990.960.970.990.960.981.0
0.920.920.780.980.910.88-0.80.74-0.890.850.360.840.510.920.680.430.970.930.970.930.950.990.930.960.99
0.950.910.660.970.950.91-0.580.81-0.730.930.250.860.520.860.630.230.841.00.950.930.990.960.930.940.96
0.950.930.760.990.940.94-0.680.83-0.80.910.250.90.570.950.60.420.880.950.980.950.950.980.960.940.98
0.960.940.720.990.950.93-0.730.83-0.830.920.290.890.540.920.650.370.930.970.990.960.971.00.990.960.98
Click cells to compare fundamentals

HIVE Blockchain Account Relationship Matchups

HIVE Blockchain fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets178.3M452.3M196.1M307.6M353.7M371.4M
Short Long Term Debt Total30.9M43.3M35.4M30.7M35.3M37.1M
Other Current Liab73.1K1.0M4.3M7.3M8.4M8.8M
Total Current Liabilities9.9M26.2M21.9M27.4M31.5M33.0M
Total Stockholder Equity134.5M389.1M148.8M259.7M298.6M313.6M
Property Plant And Equipment Net24.7M190.1M98.2M103.8M119.4M125.4M
Net Debt(9.4M)38.0M31.0M21.0M24.2M25.4M
Retained Earnings(130.6M)(60.2M)(296.7M)(347.9M)(313.1M)(297.4M)
Accounts Payable3.5M12.4M6.9M7.5M8.6M9.0M
Cash40.3M5.3M4.4M9.7M11.1M5.6M
Non Current Assets Total70.8M252.0M113.6M122.4M140.7M147.7M
Non Currrent Assets Other45.5M61.5M15.4M18.5M21.3M20.6M
Cash And Short Term Investments41.3M22.3M7.2M16.7M19.1M20.1M
Net Receivables6.8M8.0M9.4M6.9M8.0M4.4M
Common Stock Shares Outstanding73.3M84.8M82.9M90.0M103.5M108.7M
Liabilities And Stockholders Equity178.3M452.3M196.1M307.6M353.7M371.4M
Other Current Assets57.5M176.8M75.3M168.6M193.9M203.6M
Other Stockholder Equity5.4M5.7M15.2M35.6M41.0M43.0M
Total Liab43.9M63.2M47.3M47.9M55.1M57.8M
Total Current Assets107.5M200.3M82.5M185.2M213.0M223.7M
Short Term Debt6.3M12.8M10.7M12.6M14.5M15.2M
Common Stock259.9M413.7M419.2M499.2M574.1M602.8M
Inventory57.5M170.0M65.9M161.6M185.9M195.2M
Accumulated Other Comprehensive Income5.2M35.6M26.3M108.4M124.6M130.8M
Net Tangible Assets21.9M21.1M127.5M388.7M447.0M469.4M
Short Long Term Debt4.4M10.6M8.4M10.1M11.6M12.2M
Property Plant Equipment12.1M8.7M24.6M190.1M218.7M229.6M
Non Current Liabilities Total34.0M37.1M25.4M20.5M23.6M16.2M
Short Term Investments981.7K17.0M2.9M7.0M8.0M6.5M
Net Invested Capital162.3M419.7M173.8M282.2M324.5M194.5M
Net Working Capital97.7M174.1M60.6M157.9M181.6M190.6M
Capital Stock259.9M413.7M419.2M499.2M574.1M360.9M
Capital Lease Obligations3.1M12.6M10.5M8.3M9.5M8.1M
Property Plant And Equipment Gross111.4M342.8M273.7M339.8M390.7M253.6M

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Additional Tools for HIVE Stock Analysis

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