Riot Good Will vs Total Stockholder Equity Analysis
| RIOT Stock | USD 10.00 0.38 3.66% |
Riot Blockchain financial indicator trend analysis is much more than just breaking down Riot Blockchain prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riot Blockchain is a good investment. Please check the relationship between Riot Blockchain Good Will and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riot Blockchain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Riot Stock please use our How to Invest in Riot Blockchain guide.
Good Will vs Total Stockholder Equity
Good Will vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riot Blockchain Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Riot Blockchain's Good Will and Total Stockholder Equity is 0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Riot Blockchain, assuming nothing else is changed. The correlation between historical values of Riot Blockchain's Good Will and Total 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 Good Will of Riot Blockchain are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Riot Blockchain's Good Will and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Riot Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riot Blockchain 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riot Blockchain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Riot Stock please use our How to Invest in Riot Blockchain guide.At this time, Riot Blockchain's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 90.8 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (11.49) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 131.2M | 65.5M | 26.3M | 27.7M | Total Revenue | 213.2M | 259.2M | 280.7M | 294.7M |
Riot Blockchain fundamental ratios Correlations
Click cells to compare fundamentals
Riot Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Riot Blockchain fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 30.4M | 280.1M | 1.5B | 1.3B | 2.1B | 2.2B | |
| Short Long Term Debt Total | 1.7M | 368K | 13.4M | 22.3M | 21.3M | 22.4M | |
| Other Current Liab | 2.2M | 1.6M | 80.6M | 89.8M | 88.9M | 93.4M | |
| Total Current Liabilities | 3.4M | 2.4M | 109.9M | 121.5M | 121.0M | 127.1M | |
| Total Stockholder Equity | 26.2M | 277.1M | 1.4B | 1.2B | 1.9B | 2.0B | |
| Property Plant And Equipment Net | 6.9M | 43.2M | 542.3M | 737.3M | 899.6M | 944.6M | |
| Net Debt | (7.1M) | (223.4M) | (298.9M) | (208.1M) | (575.8M) | (547.0M) | |
| Retained Earnings | (217.2M) | (229.9M) | (237.8M) | (756.3M) | (799.8M) | (759.8M) | |
| Accounts Payable | 717K | 718K | 20.0M | 18.4M | 23.2M | 24.3M | |
| Cash | 7.4M | 223.4M | 312.3M | 230.3M | 597.2M | 627.0M | |
| Non Current Assets Total | 17.8M | 43.9M | 957.4M | 876.6M | 1.0B | 1.1B | |
| Non Currrent Assets Other | 703K | 33.4M | 51.5M | 107.6M | 116.9M | 122.8M | |
| Other Assets | 2.2M | 33.1M | 317.7M | 140.9M | 162.0M | 170.1M | |
| Cash And Short Term Investments | 11.3M | 235.0M | 482.7M | 339.7M | 908.3M | 953.8M | |
| Common Stock Shares Outstanding | 19.6M | 42.0M | 93.5M | 139.4M | 175.0M | 183.8M | |
| Liabilities And Stockholders Equity | 30.4M | 280.1M | 1.5B | 1.3B | 2.1B | 2.2B | |
| Non Current Liabilities Total | 776K | 679K | 63.7M | 47.0M | 42.0M | 44.1M | |
| Other Current Assets | 5.2M | 12.9M | 235.0M | 32.7M | 29.1M | 16.0M | |
| Total Liab | 4.1M | 3.1M | 173.6M | 168.5M | 163.1M | 171.2M | |
| Total Current Assets | 12.6M | 236.3M | 573.5M | 443.4M | 1.0B | 1.1B | |
| Short Term Debt | 2.7M | 368K | 1.2M | 2.0M | 2.4M | 2.5M | |
| Intangible Assets | 459K | 336K | 14.2M | 31.6M | 26.0M | 27.3M | |
| Common Stock | 243.5M | 507.0M | 1.6B | 1.9B | 2.7B | 2.8B | |
| Property Plant Equipment | 5.1M | 10.1M | 263.0M | 692.6M | 796.4M | 836.3M | |
| Other Liab | 776K | 679K | 51.5M | 26.7M | 30.7M | 32.3M | |
| Common Stock Total Equity | 243.5M | 507.0M | 1.6B | 1.9B | 2.2B | 2.3B | |
| Short Term Investments | 3.8M | 11.6M | 170.3M | 109.4M | 311.2M | 326.7M | |
| Other Stockholder Equity | 66.6K | 243.5M | 507.0M | 1.6B | 1.8B | 1.9B | |
| Property Plant And Equipment Gross | 5.4M | 10.1M | 572.8M | 859.5M | 1.3B | 1.3B | |
| Accumulated Other Comprehensive Income | (243.5M) | (507.0M) | (1.6B) | 0.0 | 150K | 157.5K | |
| Net Tangible Assets | 25.8M | 276.7M | 994.1M | 1.1B | 1.3B | 1.4B | |
| Retained Earnings Total Equity | (197.2M) | (217.2M) | (237.8M) | (756.3M) | (680.7M) | (646.7M) | |
| Deferred Long Term Liab | 1.0M | 776K | 19.8M | 17.9M | 20.5M | 21.6M | |
| Preferred Stock Total Equity | 7.7M | 69.1K | 22K | 11K | 12.7K | 12.0K |
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When determining whether Riot Blockchain 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 Riot 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 Riot Blockchain Stock. Highlighted below are key reports to facilitate an investment decision about Riot Blockchain Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riot Blockchain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Riot Stock please use our How to Invest in Riot Blockchain guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running Riot Blockchain's price analysis, check to measure Riot 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 Riot Blockchain is operating at the current time. Most of Riot Blockchain's value examination focuses on studying past and present price action to predict the probability of Riot 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 Riot Blockchain's price. Additionally, you may evaluate how the addition of Riot Blockchain to your portfolios can decrease your overall portfolio volatility.
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Is Riot 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 Riot Blockchain. If investors know Riot 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 Riot 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 6.364 | Earnings Share 0.42 | Revenue Per Share 1.448 | Quarterly Revenue Growth 0.083 | Return On Assets 0.0042 |
The market value of Riot Blockchain is measured differently than its book value, which is the value of Riot that is recorded on the company's balance sheet. Investors also form their own opinion of Riot Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Riot 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 Riot Blockchain's market value can be influenced by many factors that don't directly affect Riot 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 Riot Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riot Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riot 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.