HIVE Non Currrent Assets Other vs Other Stockholder Equity Analysis

HIVE Stock  USD 2.52  0.07  2.70%   
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 Non Currrent Assets Other and its Other Stockholder Equity 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 tightly coupled with the direction of predictive economic indicators such as signals in real.

Non Currrent Assets Other vs Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HIVE Blockchain Tech Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between HIVE Blockchain's Non Currrent Assets Other and Other Stockholder Equity is 0.35. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity 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 Non Currrent Assets Other and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of HIVE Blockchain Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., HIVE Blockchain's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Stockholder Equity

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 tightly coupled with the direction of predictive economic indicators such as signals in real.
The current year's Selling General Administrative is expected to grow to about 23 M, whereas Tax Provision is forecasted to decline to about 315.7 K.
 2023 2024 (projected)
Cost Of Revenue159.8M167.8M
Research Development41.0M39.2M

HIVE Blockchain fundamental ratios Correlations

0.930.430.911.00.960.8-0.480.550.340.990.830.630.580.790.960.130.920.990.50.850.620.850.65-0.37-0.15
0.930.490.960.90.910.83-0.70.440.420.920.720.610.620.880.90.080.980.920.490.950.660.880.71-0.57-0.22
0.430.490.410.420.410.41-0.18-0.210.190.440.410.230.50.250.35-0.260.420.40.430.36-0.090.320.04-0.25-0.57
0.910.960.410.880.950.93-0.750.480.180.910.590.410.570.890.90.090.950.880.430.970.640.960.72-0.63-0.23
1.00.90.420.880.960.77-0.420.580.330.990.860.620.590.750.950.160.880.980.530.820.60.820.63-0.33-0.16
0.960.910.410.950.960.92-0.540.540.110.980.690.410.540.780.950.110.910.920.470.880.570.940.61-0.48-0.16
0.80.830.410.930.770.92-0.610.36-0.160.830.390.090.420.70.84-0.030.830.730.320.840.450.980.49-0.63-0.14
-0.48-0.7-0.18-0.75-0.42-0.54-0.61-0.36-0.24-0.47-0.17-0.27-0.44-0.88-0.49-0.17-0.7-0.49-0.19-0.86-0.6-0.64-0.770.570.31
0.550.44-0.210.480.580.540.36-0.360.20.580.580.390.530.550.440.830.380.50.560.520.510.390.63-0.05-0.11
0.340.420.190.180.330.11-0.16-0.240.20.270.630.920.410.420.220.20.380.430.340.320.44-0.030.470.02-0.16
0.990.920.440.910.990.980.83-0.470.580.270.820.550.630.760.940.180.890.950.570.840.60.860.63-0.39-0.2
0.830.720.410.590.860.690.39-0.170.580.630.820.820.720.550.680.350.640.820.730.570.530.460.54-0.06-0.27
0.630.610.230.410.620.410.09-0.270.390.920.550.820.440.580.530.190.590.710.370.490.560.220.590.01-0.09
0.580.620.50.570.590.540.42-0.440.530.410.630.720.440.590.360.550.460.50.950.610.480.420.59-0.3-0.75
0.790.880.250.890.750.780.7-0.880.550.420.760.550.580.590.760.240.880.80.380.970.750.760.89-0.55-0.31
0.960.90.350.90.950.950.84-0.490.440.220.940.680.530.360.76-0.060.940.970.260.830.590.890.6-0.40.02
0.130.08-0.260.090.160.11-0.03-0.170.830.20.180.350.190.550.24-0.06-0.040.050.630.180.21-0.040.360.02-0.28
0.920.980.420.950.880.910.83-0.70.380.380.890.640.590.460.880.94-0.040.930.310.940.660.90.69-0.56-0.09
0.990.920.40.880.980.920.73-0.490.50.430.950.820.710.50.80.970.050.930.40.840.640.80.67-0.34-0.08
0.50.490.430.430.530.470.32-0.190.560.340.570.730.370.950.380.260.630.310.40.430.350.310.41-0.17-0.64
0.850.950.360.970.820.880.84-0.860.520.320.840.570.490.610.970.830.180.940.840.430.690.870.81-0.63-0.29
0.620.66-0.090.640.60.570.45-0.60.510.440.60.530.560.480.750.590.210.660.640.350.690.590.87-0.16-0.12
0.850.880.320.960.820.940.98-0.640.39-0.030.860.460.220.420.760.89-0.040.90.80.310.870.590.57-0.63-0.07
0.650.710.040.720.630.610.49-0.770.630.470.630.540.590.590.890.60.360.690.670.410.810.870.57-0.27-0.31
-0.37-0.57-0.25-0.63-0.33-0.48-0.630.57-0.050.02-0.39-0.060.01-0.3-0.55-0.40.02-0.56-0.34-0.17-0.63-0.16-0.63-0.270.17
-0.15-0.22-0.57-0.23-0.16-0.16-0.140.31-0.11-0.16-0.2-0.27-0.09-0.75-0.310.02-0.28-0.09-0.08-0.64-0.29-0.12-0.07-0.310.17
Click cells to compare fundamentals

HIVE Blockchain Account Relationship Matchups

HIVE Blockchain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.1M178.3M452.3M196.1M225.5M236.8M
Short Long Term Debt Total5.1M30.9M43.3M35.4M40.7M42.8M
Other Current Liab830.7K73.1K1.0M4.3M3.9M4.1M
Total Current Liabilities7.2M9.9M26.2M21.9M25.2M26.4M
Total Stockholder Equity21.1M134.5M389.1M148.8M171.1M179.7M
Property Plant And Equipment Net8.9M24.7M190.1M98.2M112.9M118.6M
Net Debt(73.1K)(9.4M)38.0M31.0M35.7M37.5M
Retained Earnings(173.2M)(130.6M)(60.2M)(296.7M)(267.0M)(253.6M)
Accounts Payable2.1M3.5M12.4M6.9M7.9M4.9M
Cash5.1M40.3M5.3M4.4M5.0M5.3M
Non Current Assets Total10.8M70.8M252.0M113.6M130.7M137.2M
Non Currrent Assets Other1.6M45.5M61.5M15.4M17.7M18.2M
Cash And Short Term Investments5.1M41.3M22.3M7.2M8.3M6.8M
Net Receivables9.1M6.8M8.0M9.4M10.8M11.3M
Common Stock Shares Outstanding65.4M73.3M84.8M82.9M95.3M100.1M
Liabilities And Stockholders Equity29.1M178.3M452.3M196.1M225.5M236.8M
Other Current Assets3.5M57.5M176.8M75.3M86.5M90.9M
Other Stockholder Equity283.3M5.7M5.2M35.6M41.0M44.8M
Total Liab8.0M43.9M63.2M47.3M54.4M57.1M
Total Current Assets18.3M107.5M200.3M82.5M94.9M99.6M
Short Term Debt4.3M6.3M12.8M10.7M12.3M12.9M
Common Stock188.5M259.9M413.7M419.2M482.1M506.2M
Property Plant And Equipment Gross8.9M24.7M342.8M273.7M314.7M330.5M
Accumulated Other Comprehensive Income5.7M5.2M35.6M26.3M30.2M31.7M
Non Current Liabilities Total775.5K34.0M37.1M25.4M22.9M22.9M
Inventory3.5M57.5M170.0M65.9M75.8M41.6M
Short Term Investments3.5M981.7K17.0M2.9M2.6M2.5M
Net Tangible Assets21.9M21.1M133.9M388.7M447.0M469.4M
Net Invested Capital23.8M162.3M419.7M173.8M199.8M175.2M
Net Working Capital11.1M97.7M174.1M60.6M69.7M71.8M
Property Plant Equipment12.1M8.7M24.6M190.1M218.7M229.6M
Short Long Term Debt2.7M4.4M10.6M8.4M9.6M6.4M
Capital Stock188.5M259.9M413.7M419.2M482.1M323.3M

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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:
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 tightly coupled with the direction of predictive economic indicators such as signals in real.
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When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain'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 HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.
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Is HIVE Blockchain'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 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
(0.45)
Revenue Per Share
1.121
Quarterly Revenue Growth
1.183
Return On Assets
(0.07)
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.