BTCS Property Plant Equipment vs Long Term Investments Analysis

BTCS Stock

USD 1.60 0.01 0.62%

BTCS financial indicator trend analysis is way more than just evaluating BTCS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTCS Inc is a good investment. Please check the relationship between BTCS Property Plant Equipment and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant Equipment vs Long Term Investments

Property Plant Equipment vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTCS Inc Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between BTCS's Property Plant Equipment and Long Term Investments is 0.13. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of BTCS Inc, assuming nothing else is changed. The correlation between historical values of BTCS's Property Plant Equipment and Long 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 Property Plant Equipment of BTCS Inc are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., BTCS's Property Plant Equipment and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

Long Term Investments

Long Term Investments is an item on the asset side of BTCS balance sheet that represents investments BTCS Inc intends to hold for over a year. BTCS Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from BTCS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTCS Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Enterprise Value is likely to gain to about 22.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.

	2021	2022	2023	2024 (projected)
Research Development	712.7K	611.8K	687.3K	565.7K
Reconciled Depreciation	939.0	4.0K	5.0K	5.3K

Research Development Reconciled Depreciation

BTCS fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Net Tangible Assets	Other Assets
Total Assets		-0.14	-0.15	0.71	-0.59	-0.57	0.8	0.96	0.93	0.52	-0.15	0.96	-0.42	-0.22	-0.13	0.09	-0.34	0.24	0.86	-0.08	-0.29	-0.22	0.18	-0.16	0.54	0.59
Other Current Liab	-0.14		1.0	-0.8	0.71	0.03	-0.15	-0.12	-0.17	-0.23	1.0	-0.12	-0.22	0.9	-0.03	-0.17	0.85	-0.09	-0.12	-0.06	0.92	-0.1	-0.1	0.91	-0.89	-0.29
Total Current Liabilities	-0.15	1.0		-0.8	0.72	0.04	-0.16	-0.13	-0.18	-0.24	1.0	-0.13	-0.22	0.91	-0.01	-0.18	0.86	-0.08	-0.13	-0.06	0.93	-0.1	-0.1	0.92	-0.9	-0.3
Total Stockholder Equity	0.71	-0.8	-0.8		-0.88	-0.37	0.6	0.67	0.69	0.49	-0.8	0.68	-0.1	-0.78	-0.07	0.19	-0.82	0.2	0.61	0.0	-0.84	-0.06	0.18	-0.75	0.96	0.58
Net Debt	-0.59	0.71	0.72	-0.88		0.53	-0.74	-0.51	-0.72	-0.66	0.73	-0.51	0.2	0.84	0.35	-0.24	0.85	-0.37	-0.64	-0.02	0.87	0.03	-0.5	0.79	-0.9	-0.67
Retained Earnings	-0.57	0.03	0.04	-0.37	0.53		-0.73	-0.49	-0.7	-0.95	0.05	-0.49	0.44	0.21	0.37	0.04	0.45	-0.33	-0.54	0.2	0.25	0.41	-0.42	0.08	-0.32	-0.95
Cash	0.8	-0.15	-0.16	0.6	-0.74	-0.73		0.67	0.94	0.73	-0.16	0.67	-0.49	-0.28	-0.23	0.11	-0.4	0.58	0.88	-0.1	-0.34	-0.24	0.7	-0.19	0.55	0.67
Cash And Short Term Investments	0.96	-0.12	-0.13	0.67	-0.51	-0.49	0.67		0.86	0.43	-0.13	1.0	-0.36	-0.21	-0.17	0.09	-0.33	-0.03	0.71	-0.05	-0.26	-0.18	0.02	-0.16	0.47	0.55
Common Stock Shares Outstanding	0.93	-0.17	-0.18	0.69	-0.72	-0.7	0.94	0.86		0.67	-0.18	0.86	-0.47	-0.3	-0.25	0.12	-0.43	0.33	0.87	-0.09	-0.35	-0.23	0.5	-0.21	0.57	0.69
Other Stockholder Equity	0.52	-0.23	-0.24	0.49	-0.66	-0.95	0.73	0.43	0.67		-0.25	0.43	-0.34	-0.38	-0.37	-0.04	-0.58	0.4	0.55	-0.23	-0.43	-0.39	0.46	-0.27	0.48	0.93
Total Liab	-0.15	1.0	1.0	-0.8	0.73	0.05	-0.16	-0.13	-0.18	-0.25		-0.13	-0.21	0.91	-0.01	-0.18	0.86	-0.08	-0.13	-0.07	0.94	-0.11	-0.1	0.92	-0.9	-0.31
Total Current Assets	0.96	-0.12	-0.13	0.68	-0.51	-0.49	0.67	1.0	0.86	0.43	-0.13		-0.36	-0.21	-0.18	0.09	-0.33	-0.03	0.72	-0.06	-0.26	-0.18	0.02	-0.16	0.47	0.55
Common Stock	-0.42	-0.22	-0.22	-0.1	0.2	0.44	-0.49	-0.36	-0.47	-0.34	-0.21	-0.36		-0.01	0.0	-0.45	0.11	-0.26	-0.47	-0.38	-0.1	-0.11	-0.25	-0.21	-0.03	-0.33
Short Long Term Debt Total	-0.22	0.9	0.91	-0.78	0.84	0.21	-0.28	-0.21	-0.3	-0.38	0.91	-0.21	-0.01		0.3	-0.3	0.93	-0.06	-0.23	-0.16	0.97	-0.15	-0.16	0.97	-0.86	-0.45
Property Plant And Equipment Net	-0.13	-0.03	-0.01	-0.07	0.35	0.37	-0.23	-0.17	-0.25	-0.37	-0.01	-0.18	0.0	0.3		-0.1	0.31	0.15	-0.17	0.05	0.25	0.01	-0.11	0.34	-0.05	-0.4
Current Deferred Revenue	0.09	-0.17	-0.18	0.19	-0.24	0.04	0.11	0.09	0.12	-0.04	-0.18	0.09	-0.45	-0.3	-0.1		-0.31	0.02	0.13	0.94	-0.11	0.89	0.06	-0.22	0.19	0.01
Accounts Payable	-0.34	0.85	0.86	-0.82	0.85	0.45	-0.4	-0.33	-0.43	-0.58	0.86	-0.33	0.11	0.93	0.31	-0.31		-0.06	-0.28	-0.13	0.92	-0.06	-0.2	0.88	-0.86	-0.67
Non Current Assets Total	0.24	-0.09	-0.08	0.2	-0.37	-0.33	0.58	-0.03	0.33	0.4	-0.08	-0.03	-0.26	-0.06	0.15	0.02	-0.06		0.63	-0.09	-0.12	-0.13	0.6	-0.01	0.32	0.22
Non Currrent Assets Other	0.86	-0.12	-0.13	0.61	-0.64	-0.54	0.88	0.71	0.87	0.55	-0.13	0.72	-0.47	-0.23	-0.17	0.13	-0.28	0.63		-0.09	-0.28	-0.19	0.43	-0.16	0.54	0.5
Net Receivables	-0.08	-0.06	-0.06	0.0	-0.02	0.2	-0.1	-0.05	-0.09	-0.23	-0.07	-0.06	-0.38	-0.16	0.05	0.94	-0.13	-0.09	-0.09		0.05	0.93	-0.06	-0.08	0.0	-0.16
Non Current Liabilities Total	-0.29	0.92	0.93	-0.84	0.87	0.25	-0.34	-0.26	-0.35	-0.43	0.94	-0.26	-0.1	0.97	0.25	-0.11	0.92	-0.12	-0.28	0.05		0.04	-0.19	0.96	-0.91	-0.49
Inventory	-0.22	-0.1	-0.1	-0.06	0.03	0.41	-0.24	-0.18	-0.23	-0.39	-0.11	-0.18	-0.11	-0.15	0.01	0.89	-0.06	-0.13	-0.19	0.93	0.04		-0.11	-0.14	-0.02	-0.35
Other Current Assets	0.18	-0.1	-0.1	0.18	-0.5	-0.42	0.7	0.02	0.5	0.46	-0.1	0.02	-0.25	-0.16	-0.11	0.06	-0.2	0.6	0.43	-0.06	-0.19	-0.11		-0.11	0.29	0.3
Short Term Debt	-0.16	0.91	0.92	-0.75	0.79	0.08	-0.19	-0.16	-0.21	-0.27	0.92	-0.16	-0.21	0.97	0.34	-0.22	0.88	-0.01	-0.16	-0.08	0.96	-0.14	-0.11		-0.83	-0.34
Net Tangible Assets	0.54	-0.89	-0.9	0.96	-0.9	-0.32	0.55	0.47	0.57	0.48	-0.9	0.47	-0.03	-0.86	-0.05	0.19	-0.86	0.32	0.54	0.0	-0.91	-0.02	0.29	-0.83		0.52
Other Assets	0.59	-0.29	-0.3	0.58	-0.67	-0.95	0.67	0.55	0.69	0.93	-0.31	0.55	-0.33	-0.45	-0.4	0.01	-0.67	0.22	0.5	-0.16	-0.49	-0.35	0.3	-0.34	0.52

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BTCS Account Relationship Matchups

BTCS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	421.4K	1.6M	14.1M	9.9M	27.1M	28.5M
Other Current Liab	445.3K	376.7K	1.9M	509.7K	925.8K	879.6K
Total Current Liabilities	605.1K	508.6K	2.0M	586.4K	980.9K	931.9K
Total Stockholder Equity	(183.8K)	1.0M	12.1M	9.3M	26.2M	27.5M
Net Debt	16.8K	(392.2K)	(1.4M)	(2.1M)	(1.5M)	(1.4M)
Retained Earnings	(117.0M)	(119.5M)	(135.6M)	(151.5M)	(138.7M)	(131.7M)
Cash	143.1K	524.1K	1.4M	2.1M	1.5M	1.5M
Cash And Short Term Investments	396.0K	1.5M	5.1M	4.1M	26.7M	28.0M
Common Stock Shares Outstanding	1.6M	3.0M	6.8M	12.7M	14.1M	14.8M
Liabilities And Stockholders Equity	421.4K	1.6M	14.1M	9.9M	27.1M	28.5M
Other Stockholder Equity	116.8M	120.5M	147.7M	160.8M	164.8M	84.7M
Total Liab	605.1K	508.6K	2.0M	586.4K	980.9K	931.9K
Total Current Assets	420.0K	1.6M	5.5M	4.2M	27.0M	28.4M
Common Stock	19.8K	42.0K	10.5K	13.1K	15.3K	14.6K
Property Plant And Equipment Net	1.3K	230.0	9.8K	11.2K	10.5K	10.0K
Accounts Payable	28.3K	26.3K	138.7K	76.7K	55.1K	52.3K
Non Current Assets Total	1.3K	230.0	8.6M	5.7M	110.5K	105.0K
Non Currrent Assets Other	(1.3K)	(230.0)	8.6M	5.7M	6.6M	6.9M
Other Current Assets	24.0K	31.9K	324.6K	2.0M	62.5K	59.3K
Short Term Debt	0.0	200K	159.9K	131.9K	118.7K	112.8K
Net Tangible Assets	(256.0K)	(183.8K)	1.0M	12.1M	13.9M	14.6M
Short Long Term Debt	0.0	200K	159.9K	131.9K	118.7K	112.8K
Property Plant Equipment	2.7K	1.3K	230.0	9.8K	8.8K	8.4K
Short Term Investments	252.9K	995.7K	3.7M	1.9M	25.2M	26.5M
Net Invested Capital	(23.9K)	1.2M	12.1M	9.3M	23.6M	24.8M
Net Working Capital	(185.1K)	1.0M	3.5M	3.6M	26.1M	27.4M
Capital Stock	19.9K	42.0K	10.5K	13.1K	2.6M	2.7M

Pair Trading with BTCS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BTCS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BTCS will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to BTCS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTCS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BTCS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BTCS Inc to buy it.

The correlation of BTCS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BTCS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTCS Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BTCS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for BTCS Stock Analysis

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

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BTCS Property Plant Equipment vs Long Term Investments Analysis

Property Plant Equipment vs Long Term Investments

Property Plant Equipment vs Long Term Investments Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Long Term Investments

BTCS fundamental ratios Correlations

BTCS Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BTCS fundamental ratios Accounts

Pair Trading with BTCS

Additional Tools for BTCS Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Short Term Debt	+ 0.97	Short Long Term Debt Total

Other Assets	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Net Tangible Assets	- 0.91	Non Current Liabilities Total
Net Tangible Assets	- 0.9	Total Liab
Net Tangible Assets	- 0.9	Net Debt
Net Tangible Assets	- 0.9	Total Current Liabilities