Bitcoin Cash And Short Term Investments vs Net Debt Analysis

BTMWW Stock   0.05  0.01  18.48%   
Bitcoin Depot financial indicator trend analysis is way more than just evaluating Bitcoin Depot prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bitcoin Depot is a good investment. Please check the relationship between Bitcoin Depot Cash And Short Term Investments and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bitcoin Depot's Cash And Short Term Investments and Net Debt is -0.44. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Bitcoin Depot, assuming nothing else is changed. The correlation between historical values of Bitcoin Depot's Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Bitcoin Depot are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Bitcoin Depot's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Bitcoin Depot balance sheet. This account contains Bitcoin Depot investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bitcoin Depot fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Bitcoin Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitcoin Depot 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 Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.Tax Provision is likely to climb to about 75 K in 2024, whereas Selling General Administrative is likely to drop slightly above 37.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense8.0M12.3M11.9M9.1M
Depreciation And Amortization13.0M18.9M12.9M12.9M

Bitcoin Depot fundamental ratios Correlations

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-0.230.22-0.87-0.480.92-0.180.04-0.370.87-0.27-0.970.610.87-0.920.420.23-0.18-0.29-0.32-0.320.920.730.62-0.160.85
0.990.850.740.96-0.660.980.931.0-0.741.00.530.54-0.740.50.70.850.871.0-0.320.86-0.22-0.76-0.920.94-0.73
0.820.740.690.92-0.650.840.810.83-0.650.860.440.42-0.640.410.460.690.50.88-0.320.86-0.39-0.89-0.90.94-0.77
-0.150.24-0.78-0.390.83-0.110.11-0.240.75-0.18-0.840.590.75-0.720.480.30.04-0.220.92-0.22-0.390.730.56-0.190.8
-0.69-0.41-0.92-0.890.91-0.68-0.55-0.770.89-0.74-0.780.010.88-0.75-0.11-0.37-0.42-0.760.73-0.76-0.890.730.95-0.750.97
-0.86-0.61-0.92-0.980.88-0.85-0.75-0.930.9-0.9-0.75-0.210.9-0.72-0.37-0.59-0.68-0.920.62-0.92-0.90.560.95-0.860.94
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Bitcoin Depot Account Relationship Matchups

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