CleanSpark Accounts Payable from 2010 to 2024

CLSK Stock  USD 14.98  2.65  15.03%   
CleanSpark Accounts Payable yearly trend continues to be quite stable with very little volatility. Accounts Payable may rise above about 79.2 M this year. Accounts Payable is the amount CleanSpark owes to suppliers or vendors for products or services received but not yet paid for. It represents CleanSpark's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2008-12-31
Previous Quarter
43.6 M
Current Value
56.5 M
Quarterly Volatility
14.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CleanSpark financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CleanSpark's 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 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.
  
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 Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of CleanSpark over the last few years. An accounting item on the balance sheet that represents CleanSpark obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CleanSpark are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. CleanSpark's Accounts Payable 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.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

CleanSpark Accounts Payable Regression Statistics

Arithmetic Mean17,255,889
Geometric Mean574,853
Coefficient Of Variation173.05
Mean Deviation23,441,744
Median291,187
Standard Deviation29,862,011
Sample Variance891.7T
Range79.2M
R-Value0.78
Mean Square Error369.8T
R-Squared0.61
Significance0.0005
Slope5,236,011
Total Sum of Squares12484.4T

CleanSpark Accounts Payable History

202479.2 M
202375.4 M
202265.6 M
202124.7 M
2020M
20194.5 M
2018848.8 K

About CleanSpark Financial Statements

CleanSpark investors utilize fundamental indicators, such as Accounts Payable, to predict how CleanSpark Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable75.4 M79.2 M

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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software space 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
(0.99)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
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.