CleanSpark Common Stock Shares Outstanding vs Total Assets Analysis
| CLSK Stock | USD 17.69 0.06 0.34% |
CleanSpark financial indicator trend analysis is way more than just evaluating CleanSpark prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CleanSpark is a good investment. Please check the relationship between CleanSpark Common Stock Shares Outstanding and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
Common Stock Shares Outstanding vs Total Assets
Common Stock Shares Outstanding vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanSpark Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between CleanSpark's Common Stock Shares Outstanding and Total Assets is 0.99. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of CleanSpark, assuming nothing else is changed. The correlation between historical values of CleanSpark's Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CleanSpark are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., CleanSpark's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of CleanSpark assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CleanSpark books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from CleanSpark's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CleanSpark 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 CleanSpark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.At this time, CleanSpark's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 1 M this year, although Enterprise Value Over EBITDA will most likely fall to (171.62).
CleanSpark fundamental ratios Correlations
Click cells to compare fundamentals
CleanSpark Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CleanSpark fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Short Long Term Debt Total | 572.5K | 2.4M | 22.2M | 16.7M | 19.3M | 20.2M | |
| Other Current Liab | 750K | 1.1M | 1.2M | 1.2M | 1.4M | 1.4M | |
| Total Current Liabilities | 5.4M | 10.1M | 34.0M | 74.1M | 85.2M | 89.4M | |
| Total Stockholder Equity | 16.4M | 305.7M | 404.0M | 677.2M | 778.8M | 817.8M | |
| Net Debt | (2.6M) | (15.7M) | 1.8M | (12.5M) | (11.2M) | (10.7M) | |
| Retained Earnings | (116.4M) | (138.4M) | (196.1M) | (332.6M) | (299.4M) | (284.4M) | |
| Accounts Payable | 4.5M | 8.0M | 24.7M | 65.6M | 75.4M | 79.2M | |
| Common Stock Total Equity | 4.7K | 17.4K | 37.4K | 55.7K | 64.0K | 67.2K | |
| Common Stock Shares Outstanding | 9.6M | 29.4M | 42.6M | 102.7M | 118.1M | 124.0M | |
| Other Stockholder Equity | 132.8M | 444.1M | 599.9M | 1.0B | 1.2B | 1.2B | |
| Total Liab | 5.9M | 11.8M | 48.6M | 84.4M | 97.0M | 101.9M | |
| Short Term Debt | 41.3K | 670.0K | 8.2M | 7.3M | 8.4M | 8.8M | |
| Common Stock | 17.4K | 37.4K | 55.7K | 160K | 184K | 193.2K | |
| Total Assets | 22.3M | 317.5M | 452.6M | 761.6M | 875.8M | 919.6M | |
| Cash | 3.1M | 18.0M | 20.5M | 29.2M | 33.6M | 35.3M | |
| Cash And Short Term Investments | 4.1M | 42.4M | 32.2M | 86.2M | 99.1M | 104.1M | |
| Liabilities And Stockholders Equity | 22.3M | 317.5M | 452.6M | 761.6M | 875.8M | 919.6M | |
| Total Current Assets | 8.3M | 57.7M | 50.8M | 102.2M | 117.5M | 123.4M | |
| Other Current Assets | 4.1T | 10.0M | 27.1M | 12.0M | 13.8M | 13.1M | |
| Net Tangible Assets | 5.5M | 2.5M | 273.9M | 397.5M | 457.2M | 480.0M | |
| Property Plant And Equipment Net | 158.7K | 227.0M | 389.8M | 565.1M | 649.8M | 682.3M | |
| Non Current Assets Total | 14.1M | 259.7M | 401.8M | 659.4M | 758.3M | 796.2M | |
| Non Currrent Assets Other | (14.1M) | 875.5K | 5.5M | 81.7M | 93.9M | 98.6M | |
| Long Term Debt | 3.0M | 531.2K | 13.4M | 8.9M | 10.2M | 10.8M | |
| Non Current Liabilities Total | 531.2K | 1.7M | 14.6M | 10.3M | 11.8M | 12.4M | |
| Property Plant And Equipment Gross | 158.7K | 234.7M | 377.3M | 565.1M | 649.8M | 682.3M | |
| Short Long Term Debt | 909.5K | 67.5K | 7.8M | 7.0M | 8.0M | 8.4M | |
| Intangible Assets | 8.0M | 12.8M | 6.5M | 4.6M | 5.3M | 9.9M | |
| Property Plant Equipment | 145.1K | 158.7K | 137.6M | 376.8M | 433.3M | 455.0M | |
| Net Receivables | 1.1M | 2.6M | 27.0K | 5K | 5.8K | 5.5K | |
| Capital Surpluse | 83.0M | 111.9M | 444.1M | 599.9M | 689.9M | 724.4M | |
| Inventory | (4.1T) | 2.7M | 216.4K | 809K | 728.1K | 764.5K |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as CleanSpark using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for CleanSpark Stock analysis
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.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Stocks Directory Find actively traded stocks across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
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.