BTC Cash And Short Term Investments vs Cash Analysis

BTCT Stock   6.37  1.91  23.07%   
BTC Digital financial indicator trend analysis is way more than just evaluating BTC Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTC Digital is a good investment. Please check the relationship between BTC Digital Cash And Short Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between BTC Digital's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of BTC Digital, assuming nothing else is changed. The correlation between historical values of BTC Digital's Cash And Short Term Investments and Cash 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 BTC Digital are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., BTC Digital's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of BTC Digital balance sheet. This account contains BTC Digital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by BTC Digital 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.

Cash

Cash refers to the most liquid asset of BTC Digital, which is listed under current asset account on BTC Digital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BTC Digital customers. The amounts must be unrestricted with restricted cash listed in a different BTC Digital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from BTC Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Digital 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 BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.At this time, BTC Digital's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 38.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M141K63K59.9K
Depreciation And Amortization17.3M5.5M3.2M3.0M

BTC Digital fundamental ratios Correlations

-0.93-0.25-0.970.76-0.59-0.970.15-0.22-0.76-0.87-0.86-0.92-0.87-0.79-0.94-0.44-0.89-0.140.3-0.92-0.88-0.22-0.810.18-0.98
-0.930.260.98-0.790.780.950.090.050.810.860.970.860.860.720.870.690.930.32-0.170.990.870.50.61-0.230.88
-0.250.260.31-0.660.430.150.56-0.32-0.29-0.060.370.33-0.06-0.320.220.470.120.220.110.37-0.030.06-0.18-0.620.15
-0.970.980.31-0.830.710.980.00.160.770.880.940.910.880.750.920.60.930.27-0.270.980.880.370.7-0.310.94
0.76-0.79-0.66-0.83-0.78-0.74-0.38-0.22-0.31-0.51-0.86-0.87-0.51-0.32-0.82-0.73-0.6-0.050.44-0.87-0.48-0.42-0.430.65-0.76
-0.590.780.430.71-0.780.580.67-0.160.380.360.90.680.360.180.650.980.530.1-0.080.820.390.860.11-0.280.53
-0.970.950.150.98-0.740.58-0.180.270.840.940.870.890.940.860.910.460.950.25-0.330.940.930.260.81-0.240.96
0.150.090.560.0-0.380.67-0.18-0.39-0.38-0.420.310.06-0.42-0.6-0.020.77-0.22-0.050.140.17-0.390.72-0.59-0.32-0.2
-0.220.05-0.320.16-0.22-0.160.27-0.390.120.220.020.370.220.380.41-0.230.02-0.59-0.960.080.1-0.150.62-0.260.43
-0.760.81-0.290.77-0.310.380.84-0.380.120.940.670.570.940.940.640.280.910.4-0.070.720.940.270.70.130.73
-0.870.86-0.060.88-0.510.360.94-0.420.220.940.720.71.00.950.750.250.970.42-0.20.80.990.110.81-0.110.85
-0.860.970.370.94-0.860.90.870.310.020.670.720.870.720.560.860.830.830.23-0.190.990.730.640.48-0.310.82
-0.920.860.330.91-0.870.680.890.060.370.570.70.870.70.620.990.550.73-0.09-0.510.90.690.340.76-0.270.94
-0.870.86-0.060.88-0.510.360.94-0.420.220.941.00.720.70.950.750.250.970.42-0.20.80.990.110.81-0.110.85
-0.790.72-0.320.75-0.320.180.86-0.60.380.940.950.560.620.950.70.050.860.22-0.290.650.930.010.890.090.81
-0.940.870.220.92-0.820.650.91-0.020.410.640.750.860.990.750.70.50.75-0.11-0.520.890.730.330.81-0.20.97
-0.440.690.470.6-0.730.980.460.77-0.230.280.250.830.550.250.050.50.430.19-0.020.730.270.89-0.06-0.370.38
-0.890.930.120.93-0.60.530.95-0.220.020.910.970.830.730.970.860.750.430.52-0.050.890.980.240.68-0.150.83
-0.140.320.220.27-0.050.10.25-0.05-0.590.40.420.23-0.090.420.22-0.110.190.520.610.270.45-0.01-0.13-0.19-0.01
0.3-0.170.11-0.270.44-0.08-0.330.14-0.96-0.07-0.2-0.19-0.51-0.2-0.29-0.52-0.02-0.050.61-0.24-0.09-0.04-0.560.41-0.5
-0.920.990.370.98-0.870.820.940.170.080.720.80.990.90.80.650.890.730.890.27-0.240.810.510.59-0.340.88
-0.880.87-0.030.88-0.480.390.93-0.390.10.940.990.730.690.990.930.730.270.980.45-0.090.810.120.77-0.030.83
-0.220.50.060.37-0.420.860.260.72-0.150.270.110.640.340.110.010.330.890.24-0.01-0.040.510.12-0.15-0.090.2
-0.810.61-0.180.7-0.430.110.81-0.590.620.70.810.480.760.810.890.81-0.060.68-0.13-0.560.590.77-0.150.020.88
0.18-0.23-0.62-0.310.65-0.28-0.24-0.32-0.260.13-0.11-0.31-0.27-0.110.09-0.2-0.37-0.15-0.190.41-0.34-0.03-0.090.02-0.22
-0.980.880.150.94-0.760.530.96-0.20.430.730.850.820.940.850.810.970.380.83-0.01-0.50.880.830.20.88-0.22
Click cells to compare fundamentals

BTC Digital Account Relationship Matchups

BTC Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding80.7K109.7K864.3K1.1M1.5M1.6M
Total Assets1.5B1.1B885.4M209.3M24.5M23.3M
Other Current Liab119.6M2.0B106.2M72.0M4.1M3.9M
Total Current Liabilities1.3B1.2B714.9M76.3M5.1M4.8M
Total Stockholder Equity(260.9M)(378.7M)22.4M133.0M19.4M20.4M
Property Plant And Equipment Net715.3M469.5M191.4M92.4M12.7M12.1M
Current Deferred Revenue902.7M726.5M552.8M792K712.8K677.2K
Net Debt427.6M375.3M(66.8M)5.7M82K77.9K
Retained Earnings(525.3M)(936.2M)(1.3B)(1.3B)(186.6M)(195.9M)
Accounts Payable15.7M2.6M16.2M3.5M128K121.6K
Cash140.1M90.1M168.4M333K43K40.9K
Non Current Assets Total1.1B866.0M495.6M112.3M15.6M14.8M
Cash And Short Term Investments140.1M90.1M168.4M333K43K40.9K
Net Receivables63.8M9.0M67.0M8.9M5.5M5.2M
Liabilities And Stockholders Equity1.5B1.1B885.4M209.3M24.5M23.3M
Inventory108.2M91.3M121.2M22.3M2.6M2.5M
Other Current Assets5.5M15.9M34.7M5.1M3.4M3.2M
Other Stockholder Equity264.2M617.9M1.3B1.3B205.9M195.6M
Total Liab1.7B1.5B848.8M76.3M5.1M4.8M
Total Current Assets317.7M232.8M389.7M96.9M8.9M8.5M
Short Term Debt234.2M40.6M41.8M870K125K118.8K

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Additional Tools for BTC Stock Analysis

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