HIVE Enterprise Value vs Working Capital Analysis

HIVE Stock

USD 3.31 0.22 7.12%

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 Enterprise Value and its Working Capital 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.

Enterprise Value vs Working Capital

Enterprise Value vs Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Enterprise Value account and Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between HIVE Blockchain's Enterprise Value and Working Capital is -0.33. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Working Capital 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 Enterprise Value and Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of HIVE Blockchain Technologies are associated (or correlated) with its Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Working Capital has no effect on the direction of Enterprise Value i.e., HIVE Blockchain's Enterprise Value and Working Capital go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as HIVE Blockchain theoretical takeover price. In the event of an acquisition, an acquirer would have to take on HIVE Blockchain Tech debt, but would also pocket its cash. Enterprise Value is more accurate representation of HIVE Blockchain value than its market capitalization because it takes into account all of HIVE Blockchain Technologies existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.

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 Issuance Of Capital Stock is expected to grow to about 67.3 M, whereas Discontinued Operations is forecasted to decline to (422.2 K).

	2024	2025 (projected)
Cost Of Revenue	85.2M	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		0.96	0.47	0.95	1.0	0.97	0.85	-0.66	0.41	0.36	0.97	0.72	0.72	0.45	0.86	-0.53	-0.08	0.96	0.98	0.52	0.92	0.64	0.91	-0.69	-0.54	-0.25
Short Long Term Debt Total	0.96		0.51	0.92	0.95	0.92	0.8	-0.7	0.4	0.5	0.94	0.76	0.79	0.52	0.88	-0.35	-0.08	0.98	0.92	0.54	0.92	0.7	0.86	-0.73	-0.46	-0.27
Other Current Liab	0.47	0.51		0.42	0.47	0.45	0.43	-0.22	-0.22	0.23	0.49	0.45	0.33	0.46	0.28	-0.19	-0.33	0.45	0.44	0.45	0.38	-0.05	0.35	-0.63	-0.2	-0.57
Total Current Liabilities	0.95	0.92	0.42		0.95	0.93	0.87	-0.83	0.4	0.24	0.88	0.52	0.61	0.39	0.9	-0.64	-0.13	0.94	0.97	0.46	0.98	0.64	0.97	-0.72	-0.65	-0.31
Total Stockholder Equity	1.0	0.95	0.47	0.95		0.97	0.85	-0.64	0.42	0.34	0.97	0.73	0.71	0.47	0.84	-0.54	-0.06	0.94	0.97	0.54	0.91	0.62	0.91	-0.66	-0.54	-0.26
Property Plant And Equipment Net	0.97	0.92	0.45	0.93	0.97		0.94	-0.61	0.42	0.18	0.98	0.68	0.58	0.44	0.8	-0.45	-0.08	0.92	0.91	0.5	0.88	0.6	0.92	-0.64	-0.46	-0.22
Net Debt	0.85	0.8	0.43	0.87	0.85	0.94		-0.59	0.3	-0.11	0.87	0.45	0.3	0.3	0.68	-0.42	-0.21	0.81	0.79	0.38	0.79	0.48	0.92	-0.61	-0.43	-0.17
Retained Earnings	-0.66	-0.7	-0.22	-0.83	-0.64	-0.61	-0.59		-0.43	-0.29	-0.53	-0.18	-0.49	-0.29	-0.89	0.58	0.04	-0.74	-0.74	-0.27	-0.89	-0.62	-0.75	0.65	0.52	0.38
Accounts Payable	0.41	0.4	-0.22	0.4	0.42	0.42	0.3	-0.43		0.26	0.46	0.47	0.36	0.55	0.53	-0.16	0.81	0.32	0.35	0.58	0.47	0.5	0.31	0.17	-0.08	-0.2
Cash	0.36	0.5	0.23	0.24	0.34	0.18	-0.11	-0.29	0.26		0.32	0.64	0.89	0.46	0.47	0.07	0.17	0.44	0.38	0.36	0.36	0.5	0.07	-0.33	-0.04	-0.2
Non Current Assets Total	0.97	0.94	0.49	0.88	0.97	0.98	0.87	-0.53	0.46	0.32		0.81	0.67	0.55	0.78	-0.36	0.01	0.9	0.89	0.6	0.84	0.62	0.85	-0.6	-0.4	-0.26
Non Currrent Assets Other	0.72	0.76	0.45	0.52	0.73	0.68	0.45	-0.18	0.47	0.64	0.81		0.79	0.74	0.54	0.0	0.28	0.64	0.61	0.73	0.52	0.54	0.42	-0.33	-0.08	-0.28
Cash And Short Term Investments	0.72	0.79	0.33	0.61	0.71	0.58	0.3	-0.49	0.36	0.89	0.67	0.79		0.46	0.74	-0.19	0.08	0.77	0.73	0.43	0.68	0.63	0.47	-0.56	-0.31	-0.18
Net Receivables	0.45	0.52	0.46	0.39	0.47	0.44	0.3	-0.29	0.55	0.46	0.55	0.74	0.46		0.46	-0.01	0.52	0.34	0.34	0.94	0.43	0.47	0.26	-0.15	-0.03	-0.74
Common Stock Shares Outstanding	0.86	0.88	0.28	0.9	0.84	0.8	0.68	-0.89	0.53	0.47	0.78	0.54	0.74	0.46		-0.47	0.05	0.89	0.88	0.43	0.97	0.75	0.8	-0.7	-0.54	-0.37
Other Current Assets	-0.53	-0.35	-0.19	-0.64	-0.54	-0.45	-0.42	0.58	-0.16	0.07	-0.36	0.0	-0.19	-0.01	-0.47		0.14	-0.43	-0.65	-0.19	-0.59	-0.19	-0.66	0.34	0.66	0.24
Other Stockholder Equity	-0.08	-0.08	-0.33	-0.13	-0.06	-0.08	-0.21	0.04	0.81	0.17	0.01	0.28	0.08	0.52	0.05	0.14		-0.22	-0.16	0.53	-0.04	0.08	-0.23	0.6	0.14	-0.22
Total Liab	0.96	0.98	0.45	0.94	0.94	0.92	0.81	-0.74	0.32	0.44	0.9	0.64	0.77	0.34	0.89	-0.43	-0.22		0.96	0.37	0.93	0.68	0.9	-0.8	-0.52	-0.16
Total Current Assets	0.98	0.92	0.44	0.97	0.97	0.91	0.79	-0.74	0.35	0.38	0.89	0.61	0.73	0.34	0.88	-0.65	-0.16	0.96		0.42	0.95	0.62	0.93	-0.73	-0.63	-0.23
Short Term Debt	0.52	0.54	0.45	0.46	0.54	0.5	0.38	-0.27	0.58	0.36	0.6	0.73	0.43	0.94	0.43	-0.19	0.53	0.37	0.42		0.46	0.38	0.37	-0.06	-0.22	-0.65
Common Stock	0.92	0.92	0.38	0.98	0.91	0.88	0.79	-0.89	0.47	0.36	0.84	0.52	0.68	0.43	0.97	-0.59	-0.04	0.93	0.95	0.46		0.68	0.91	-0.72	-0.63	-0.36
Common Stock Total Equity	0.64	0.7	-0.05	0.64	0.62	0.6	0.48	-0.62	0.5	0.5	0.62	0.54	0.63	0.47	0.75	-0.19	0.08	0.68	0.62	0.38	0.68		0.6	-0.45	-0.13	-0.18
Property Plant And Equipment Gross	0.91	0.86	0.35	0.97	0.91	0.92	0.92	-0.75	0.31	0.07	0.85	0.42	0.47	0.26	0.8	-0.66	-0.23	0.9	0.93	0.37	0.91	0.6		-0.67	-0.64	-0.18
Current Deferred Revenue	-0.69	-0.73	-0.63	-0.72	-0.66	-0.64	-0.61	0.65	0.17	-0.33	-0.6	-0.33	-0.56	-0.15	-0.7	0.34	0.6	-0.8	-0.73	-0.06	-0.72	-0.45	-0.67		0.39	0.3
Good Will	-0.54	-0.46	-0.2	-0.65	-0.54	-0.46	-0.43	0.52	-0.08	-0.04	-0.4	-0.08	-0.31	-0.03	-0.54	0.66	0.14	-0.52	-0.63	-0.22	-0.63	-0.13	-0.64	0.39		0.19
Non Current Liabilities Total	-0.25	-0.27	-0.57	-0.31	-0.26	-0.22	-0.17	0.38	-0.2	-0.2	-0.26	-0.28	-0.18	-0.74	-0.37	0.24	-0.22	-0.16	-0.23	-0.65	-0.36	-0.18	-0.18	0.3	0.19

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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	4.6M	2.5M	3.1M	2.8M	3.0M
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	7.8M	6.9M	7.5M	8.6M	4.8M
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	18.4M
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	1.9M	75.3M	(161.6M)	(145.5M)	(138.2M)
Other Stockholder Equity	5.7M	5.2M	6.3M	(731.0)	(840.65)	(798.62)
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	11.9M	12.6M	14.5M	15.2M
Common Stock	259.9M	413.7M	419.2M	499.2M	574.1M	602.8M
Property Plant And Equipment Gross	24.7M	342.8M	273.7M	339.8M	390.7M	410.3M
Accumulated Other Comprehensive Income	5.2M	35.6M	26.3M	108.4M	124.6M	130.8M
Non Current Liabilities Total	34.0M	37.1M	25.4M	20.5M	18.5M	22.3M
Inventory	57.5M	170.0M	65.9M	161.6M	185.9M	195.2M
Short Term Investments	981.7K	17.0M	2.9M	7.0M	6.3M	11.6M
Net Tangible Assets	21.9M	21.1M	133.9M	388.7M	447.0M	469.4M
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
Property Plant Equipment	12.1M	8.7M	24.6M	190.1M	218.7M	229.6M
Short Long Term Debt	4.4M	10.6M	8.4M	10.1M	11.6M	7.1M
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

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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?

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What is HIVE Blockchain's Net Worth?

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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 Enterprise Value vs Working Capital Analysis

Enterprise Value vs Working Capital

Enterprise Value vs Working Capital Correlation Analysis

Correlation Coefficient

Enterprise Value

Working Capital

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
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total
Common Stock	+ 0.98	Total Current Liabilities
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.97	Total Assets

Common Stock	- 0.89	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Retained Earnings	- 0.83	Total Current Liabilities
Current Deferred Revenue	- 0.8	Total Liab
Property Plant And Equipment Gross	- 0.75	Retained Earnings
Non Current Liabilities Total	- 0.74	Net Receivables