Bitcoin Total Stockholder Equity vs Accounts Payable Analysis

BTMWW Stock   0.05  0  5.71%   
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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Bitcoin Depot's Total Stockholder Equity and Accounts Payable is -0.88. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Bitcoin Depot are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Bitcoin Depot's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents Bitcoin Depot 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 Bitcoin Depot 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. 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.
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)
Gross Profit56.0M72.3M101.0M71.6M
Total Revenue549.0M646.8M689.0M585.7M

Bitcoin Depot fundamental ratios Correlations

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-0.79-0.89-0.75-0.880.98-0.81-0.02-0.88-0.26-0.44-0.76-0.820.76-0.84-0.680.60.850.93-0.880.830.860.910.84
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0.970.97-0.880.97-0.780.990.480.560.660.810.860.99-0.371.00.83-0.24-0.77-0.930.61-0.74-0.73-0.71-0.53
-0.67-0.830.98-0.64-0.78-0.70.15-0.95-0.07-0.27-0.62-0.720.87-0.74-0.650.750.890.9-0.920.880.90.960.91
0.990.95-0.810.990.99-0.70.590.480.740.870.831.0-0.271.00.86-0.18-0.74-0.90.5-0.7-0.68-0.63-0.46
0.630.35-0.020.670.480.150.59-0.390.960.890.470.570.610.540.420.590.01-0.21-0.380.040.10.230.34
0.460.62-0.880.410.56-0.950.48-0.39-0.16-0.010.460.5-0.950.520.44-0.86-0.77-0.740.88-0.77-0.8-0.9-0.98
0.780.5-0.260.80.66-0.070.740.96-0.160.950.70.710.420.70.460.48-0.11-0.37-0.17-0.06-0.020.060.13
0.880.72-0.440.910.81-0.270.870.89-0.010.950.730.860.230.850.690.3-0.37-0.590.07-0.33-0.3-0.20.01
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0.990.96-0.820.990.99-0.721.00.570.50.710.860.81-0.291.00.88-0.22-0.76-0.920.52-0.73-0.71-0.66-0.49
-0.23-0.480.76-0.18-0.370.87-0.270.61-0.950.420.23-0.24-0.29-0.32-0.320.920.730.62-0.90.730.780.880.91
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0.820.92-0.680.840.83-0.650.860.420.440.460.690.440.88-0.320.86-0.39-0.89-0.90.52-0.88-0.84-0.72-0.42
-0.15-0.390.6-0.11-0.240.75-0.180.59-0.860.480.30.02-0.220.92-0.22-0.390.730.56-0.730.760.760.810.87
-0.69-0.890.85-0.68-0.770.89-0.740.01-0.77-0.11-0.37-0.41-0.760.73-0.76-0.890.730.95-0.821.00.990.960.74
-0.86-0.980.93-0.85-0.930.9-0.9-0.21-0.74-0.37-0.59-0.66-0.920.62-0.92-0.90.560.95-0.780.930.930.90.7
0.440.72-0.880.410.61-0.920.5-0.380.88-0.170.070.460.52-0.90.560.52-0.73-0.82-0.78-0.82-0.87-0.95-0.78
-0.65-0.870.83-0.64-0.740.88-0.70.04-0.77-0.06-0.33-0.36-0.730.73-0.73-0.880.761.00.93-0.820.990.950.73
-0.63-0.870.86-0.62-0.730.9-0.680.1-0.8-0.02-0.3-0.38-0.710.78-0.72-0.840.760.990.93-0.870.990.980.75
-0.58-0.820.91-0.55-0.710.96-0.630.23-0.90.06-0.2-0.43-0.660.88-0.68-0.720.810.960.9-0.950.950.980.84
-0.46-0.570.84-0.41-0.530.91-0.460.34-0.980.130.01-0.43-0.490.91-0.5-0.420.870.740.7-0.780.730.750.84
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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.