HIVE Capital Stock vs Net Debt Analysis

HIVE Stock

USD 4.07 0.02 0.49%

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 Capital Stock and its Net Debt 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 real.

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Capital Stock account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between HIVE Blockchain's Capital Stock and Net Debt is 0.86. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt 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 Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of HIVE Blockchain Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., HIVE Blockchain's Capital Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

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.

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 real.

At present, HIVE Blockchain's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 13.83, whereas Issuance Of Capital Stock is forecasted to decline to about 29 M.

	2023	2024 (projected)
Cost Of Revenue	74.1M	65.7M
Research Development	41.0M	39.2M

Cost Of Revenue Research Development

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	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	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	Common Stock Total Equity	Property Plant And Equipment Gross	Current Deferred Revenue	Good Will	Non Current Liabilities Total
Total Assets		0.95	0.46	0.94	1.0	0.97	0.82	-0.59	0.38	0.35	0.97	0.77	0.7	0.46	0.82	-0.4	-0.04	0.95	0.97	0.45	0.9	0.62	0.89	-0.65	-0.53	-0.19
Short Long Term Debt Total	0.95		0.49	0.91	0.94	0.91	0.77	-0.65	0.37	0.5	0.93	0.79	0.78	0.53	0.86	-0.21	-0.05	0.97	0.92	0.48	0.91	0.68	0.83	-0.71	-0.43	-0.22
Other Current Liab	0.46	0.49		0.41	0.46	0.43	0.41	-0.18	-0.26	0.21	0.47	0.45	0.31	0.45	0.24	-0.15	-0.32	0.43	0.43	0.41	0.36	-0.09	0.33	-0.62	-0.23	-0.56
Total Current Liabilities	0.94	0.91	0.41		0.94	0.93	0.86	-0.8	0.37	0.23	0.88	0.57	0.57	0.4	0.88	-0.52	-0.09	0.93	0.95	0.37	0.97	0.63	0.96	-0.7	-0.67	-0.25
Total Stockholder Equity	1.0	0.94	0.46	0.94		0.97	0.82	-0.57	0.4	0.33	0.98	0.78	0.69	0.48	0.81	-0.42	-0.02	0.93	0.97	0.47	0.89	0.6	0.89	-0.62	-0.53	-0.21
Property Plant And Equipment Net	0.97	0.91	0.43	0.93	0.97		0.93	-0.54	0.39	0.15	0.98	0.71	0.53	0.44	0.77	-0.33	-0.04	0.9	0.91	0.43	0.86	0.57	0.91	-0.6	-0.44	-0.17
Net Debt	0.82	0.77	0.41	0.86	0.82	0.93		-0.52	0.26	-0.15	0.85	0.45	0.22	0.29	0.62	-0.3	-0.19	0.78	0.76	0.3	0.76	0.44	0.92	-0.57	-0.4	-0.12
Retained Earnings	-0.59	-0.65	-0.18	-0.8	-0.57	-0.54	-0.52		-0.37	-0.26	-0.46	-0.16	-0.43	-0.26	-0.86	0.51	0.01	-0.69	-0.69	-0.15	-0.88	-0.57	-0.7	0.62	0.69	0.33
Accounts Payable	0.38	0.37	-0.26	0.37	0.4	0.39	0.26	-0.37		0.24	0.43	0.46	0.34	0.54	0.52	-0.06	0.85	0.27	0.31	0.58	0.45	0.47	0.27	0.24	-0.07	-0.17
Cash	0.35	0.5	0.21	0.23	0.33	0.15	-0.15	-0.26	0.24		0.3	0.64	0.9	0.45	0.48	0.15	0.19	0.44	0.38	0.35	0.36	0.48	0.03	-0.31	-0.03	-0.18
Non Current Assets Total	0.97	0.93	0.47	0.88	0.98	0.98	0.85	-0.46	0.43	0.3		0.84	0.65	0.55	0.75	-0.25	0.04	0.89	0.89	0.55	0.83	0.6	0.84	-0.56	-0.36	-0.21
Non Currrent Assets Other	0.77	0.79	0.45	0.57	0.78	0.71	0.45	-0.16	0.46	0.64	0.84		0.8	0.74	0.57	0.04	0.29	0.67	0.67	0.73	0.57	0.54	0.45	-0.32	-0.07	-0.28
Cash And Short Term Investments	0.7	0.78	0.31	0.57	0.69	0.53	0.22	-0.43	0.34	0.9	0.65	0.8		0.46	0.72	-0.08	0.11	0.75	0.72	0.38	0.66	0.61	0.4	-0.52	-0.27	-0.14
Net Receivables	0.46	0.53	0.45	0.4	0.48	0.44	0.29	-0.26	0.54	0.45	0.55	0.74	0.46		0.47	0.05	0.53	0.33	0.34	0.96	0.45	0.45	0.24	-0.12	-0.02	-0.74
Common Stock Shares Outstanding	0.82	0.86	0.24	0.88	0.81	0.77	0.62	-0.86	0.52	0.48	0.75	0.57	0.72	0.47		-0.32	0.11	0.87	0.85	0.34	0.96	0.75	0.75	-0.67	-0.51	-0.33
Other Current Assets	-0.4	-0.21	-0.15	-0.52	-0.42	-0.33	-0.3	0.51	-0.06	0.15	-0.25	0.04	-0.08	0.05	-0.32		0.11	-0.29	-0.54	-0.02	-0.46	-0.08	-0.55	0.25	0.87	0.18
Other Stockholder Equity	-0.04	-0.05	-0.32	-0.09	-0.02	-0.04	-0.19	0.01	0.85	0.19	0.04	0.29	0.11	0.53	0.11	0.11		-0.19	-0.13	0.59	0.01	0.11	-0.21	0.59	0.15	-0.25
Total Liab	0.95	0.97	0.43	0.93	0.93	0.9	0.78	-0.69	0.27	0.44	0.89	0.67	0.75	0.33	0.87	-0.29	-0.19		0.95	0.27	0.92	0.67	0.87	-0.78	-0.49	-0.09
Total Current Assets	0.97	0.92	0.43	0.95	0.97	0.91	0.76	-0.69	0.31	0.38	0.89	0.67	0.72	0.34	0.85	-0.54	-0.13	0.95		0.32	0.93	0.6	0.9	-0.71	-0.66	-0.16
Short Term Debt	0.45	0.48	0.41	0.37	0.47	0.43	0.3	-0.15	0.58	0.35	0.55	0.73	0.38	0.96	0.34	-0.02	0.59	0.27	0.32		0.37	0.36	0.25	0.04	-0.05	-0.63
Common Stock	0.9	0.91	0.36	0.97	0.89	0.86	0.76	-0.88	0.45	0.36	0.83	0.57	0.66	0.45	0.96	-0.46	0.01	0.92	0.93	0.37		0.68	0.88	-0.7	-0.64	-0.31
Common Stock Total Equity	0.62	0.68	-0.09	0.63	0.6	0.57	0.44	-0.57	0.47	0.48	0.6	0.54	0.61	0.45	0.75	-0.08	0.11	0.67	0.6	0.36	0.68		0.58	-0.41	-0.16	-0.13
Property Plant And Equipment Gross	0.89	0.83	0.33	0.96	0.89	0.91	0.92	-0.7	0.27	0.03	0.84	0.45	0.4	0.24	0.75	-0.55	-0.21	0.87	0.9	0.25	0.88	0.58		-0.63	-0.66	-0.1
Current Deferred Revenue	-0.65	-0.71	-0.62	-0.7	-0.62	-0.6	-0.57	0.62	0.24	-0.31	-0.56	-0.32	-0.52	-0.12	-0.67	0.25	0.59	-0.78	-0.71	0.04	-0.7	-0.41	-0.63		0.43	0.26
Good Will	-0.53	-0.43	-0.23	-0.67	-0.53	-0.44	-0.4	0.69	-0.07	-0.03	-0.36	-0.07	-0.27	-0.02	-0.51	0.87	0.15	-0.49	-0.66	-0.05	-0.64	-0.16	-0.66	0.43		0.2
Non Current Liabilities Total	-0.19	-0.22	-0.56	-0.25	-0.21	-0.17	-0.12	0.33	-0.17	-0.18	-0.21	-0.28	-0.14	-0.74	-0.33	0.18	-0.25	-0.09	-0.16	-0.63	-0.31	-0.13	-0.1	0.26	0.2

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HIVE Blockchain Account Relationship Matchups

HIVE Blockchain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.1M	178.3M	452.3M	196.1M	307.6M	323.0M
Short Long Term Debt Total	5.1M	30.9M	43.3M	35.4M	30.7M	32.3M
Other Current Liab	830.7K	73.1K	4.6M	2.5M	3.1M	3.3M
Total Current Liabilities	7.2M	9.9M	26.2M	21.9M	27.4M	28.7M
Total Stockholder Equity	21.1M	134.5M	389.1M	148.8M	259.7M	272.7M
Property Plant And Equipment Net	8.9M	24.7M	190.1M	98.2M	103.8M	109.0M
Net Debt	(73.1K)	(9.4M)	38.0M	31.0M	21.0M	22.1M
Retained Earnings	(173.2M)	(130.6M)	(60.2M)	(296.7M)	(347.9M)	(330.5M)
Accounts Payable	2.1M	3.5M	7.8M	6.9M	7.5M	4.8M
Cash	5.1M	40.3M	5.3M	4.4M	9.7M	5.6M
Non Current Assets Total	10.8M	70.8M	252.0M	113.6M	122.4M	128.5M
Non Currrent Assets Other	1.6M	45.5M	61.5M	15.4M	18.5M	18.4M
Cash And Short Term Investments	5.1M	41.3M	22.3M	7.2M	16.7M	17.5M
Net Receivables	9.1M	6.8M	8.0M	9.4M	6.9M	4.4M
Common Stock Shares Outstanding	65.4M	73.3M	84.8M	82.9M	90.0M	94.5M
Liabilities And Stockholders Equity	29.1M	178.3M	452.3M	196.1M	307.6M	323.0M
Other Current Assets	3.5M	57.5M	1.9M	75.3M	(161.6M)	(153.6M)
Other Stockholder Equity	5.7M	5.2M	6.3M	(731.0)	(840.65)	(798.62)
Total Liab	8.0M	43.9M	63.2M	47.3M	47.9M	50.3M
Total Current Assets	18.3M	107.5M	200.3M	82.5M	185.2M	194.5M
Short Term Debt	4.3M	6.3M	12.8M	11.9M	12.6M	6.4M
Common Stock	188.5M	259.9M	413.7M	419.2M	499.2M	524.2M
Property Plant And Equipment Gross	8.9M	24.7M	342.8M	273.7M	339.8M	356.8M
Accumulated Other Comprehensive Income	5.7M	5.2M	35.6M	26.3M	108.4M	113.8M
Non Current Liabilities Total	775.5K	34.0M	37.1M	25.4M	20.5M	22.3M
Inventory	3.5M	57.5M	170.0M	65.9M	161.6M	169.7M
Short Term Investments	3.5M	981.7K	17.0M	2.9M	7.0M	11.6M
Net Tangible Assets	21.9M	21.1M	133.9M	388.7M	447.0M	469.4M
Net Invested Capital	23.8M	162.3M	419.7M	173.8M	282.2M	194.5M
Net Working Capital	11.1M	97.7M	174.1M	60.6M	157.9M	86.3M
Property Plant Equipment	12.1M	8.7M	24.6M	190.1M	218.7M	229.6M
Short Long Term Debt	2.7M	4.4M	10.6M	8.4M	10.1M	7.1M
Capital Stock	188.5M	259.9M	413.7M	419.2M	499.2M	360.9M

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When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:

How To Invest In HIVE

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Is HIVE Stock a good investment?

Details

What is HIVE Blockchain's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

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Largest Financial Services Companies

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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 real.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Is Asset Management & Custody Banks 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 HIVE Blockchain. If investors know HIVE 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 HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

2.217

Earnings Share

(0.13)

Revenue Per Share

1.171

Quarterly Revenue Growth

(0.01)

Return On Assets

(0.08)

The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain'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 HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain'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 HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain'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.

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HIVE Capital Stock vs Net Debt Analysis

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Capital Stock

Net Debt

HIVE Blockchain fundamental ratios Correlations

HIVE Blockchain Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HIVE Blockchain fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Total Assets

Common Stock	- 0.88	Retained Earnings
Common Stock Shares Outstanding	- 0.86	Retained Earnings
Retained Earnings	- 0.8	Total Current Liabilities
Current Deferred Revenue	- 0.78	Total Liab
Non Current Liabilities Total	- 0.74	Net Receivables
Current Deferred Revenue	- 0.71	Total Current Assets