CleanSpark Current Ratio from 2010 to 2024

CLSK Stock  USD 18.42  0.11  0.60%   
CleanSpark Current Ratio yearly trend continues to be quite stable with very little volatility. Current Ratio may rise above 1.99 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.24
Current Value
1.99
Quarterly Volatility
3.62272974
 
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Check CleanSpark financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CleanSpark main balance sheet or income statement drivers, such as Interest Expense of 1.7 M, Other Operating Expenses of 352.2 M or Total Operating Expenses of 184 M, as well as many exotic indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 1.0E-4 or PTB Ratio of 0.55. CleanSpark financial statements analysis is a perfect complement when working with CleanSpark Valuation or Volatility modules.
  
This module can also supplement CleanSpark's financial leverage analysis and stock options assessment as well as various CleanSpark Technical models . Check out the analysis of CleanSpark Correlation against competitors.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.

Latest CleanSpark's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of CleanSpark over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. CleanSpark's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CleanSpark's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.47 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

CleanSpark Current Ratio Regression Statistics

Arithmetic Mean2.54
Geometric Mean0.55
Coefficient Of Variation142.46
Mean Deviation2.44
Median1.49
Standard Deviation3.62
Sample Variance13.12
Range13.6092
R-Value(0.02)
Mean Square Error14.13
R-Squared0.0002
Significance0.96
Slope(0.01)
Total Sum of Squares183.74

CleanSpark Current Ratio History

2024 1.99
2023 1.24
2022 1.38
2021 1.49
2020 5.74
2019 1.53
2018 6.58

About CleanSpark Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CleanSpark income statement, its balance sheet, and the statement of cash flows. CleanSpark investors use historical funamental indicators, such as CleanSpark's Current Ratio, to determine how well the company is positioned to perform in the future. Although CleanSpark investors may use each financial statement separately, they are all related. The changes in CleanSpark's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CleanSpark's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CleanSpark Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CleanSpark. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.24  1.99 

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When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out the analysis of CleanSpark Correlation against competitors.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running CleanSpark's price analysis, check to measure CleanSpark'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 CleanSpark is operating at the current time. Most of CleanSpark's value examination focuses on studying past and present price action to predict the probability of CleanSpark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CleanSpark's price. Additionally, you may evaluate how the addition of CleanSpark to your portfolios can decrease your overall portfolio volatility.
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Is CleanSpark's industry 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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.13
Revenue Per Share
1.74
Quarterly Revenue Growth
1.628
Return On Assets
0.0494
Return On Equity
0.0714
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.