CleanSpark Common Stock Shares Outstanding vs Retained Earnings Analysis
| CLSK Stock | USD 12.02 0.31 2.51% |
CleanSpark financial indicator trend analysis is way more than just evaluating CleanSpark prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CleanSpark is a good investment. Please check the relationship between CleanSpark Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanSpark Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between CleanSpark's Common Stock Shares Outstanding and Retained Earnings is -0.96. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CleanSpark, assuming nothing else is changed. The correlation between historical values of CleanSpark's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CleanSpark are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., CleanSpark's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from CleanSpark's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CleanSpark 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 CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.At this time, CleanSpark's Enterprise Value is quite stable compared to the past year.
CleanSpark fundamental ratios Correlations
Click cells to compare fundamentals
CleanSpark Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CleanSpark fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Short Long Term Debt Total | 572.5K | 2.4M | 22.2M | 16.7M | 59.8M | 62.8M | |
| Other Current Liab | 750K | 2.3M | 1.2M | 1.2M | 46.1M | 48.4M | |
| Total Current Liabilities | 5.4M | 10.1M | 34.0M | 74.1M | 187.9M | 197.3M | |
| Total Stockholder Equity | 16.4M | 305.7M | 404.0M | 677.2M | 1.8B | 1.8B | |
| Net Debt | (2.6M) | (15.7M) | 1.8M | (12.5M) | (61.4M) | (58.4M) | |
| Retained Earnings | (116.4M) | (138.4M) | (196.1M) | (332.6M) | (479.2M) | (455.3M) | |
| Accounts Payable | 4.5M | 7.0M | 24.7M | 65.6M | 83.0M | 87.1M | |
| Common Stock Total Equity | 4.7K | 17.4K | 37.4K | 55.7K | 64.0K | 67.2K | |
| Common Stock Shares Outstanding | 9.6M | 29.4M | 42.6M | 102.7M | 216.9M | 227.7M | |
| Other Stockholder Equity | 132.8M | 444.1M | 599.9M | 1.0B | 1.8B | 1.8B | |
| Total Liab | 5.9M | 11.8M | 48.6M | 84.4M | 201.8M | 211.9M | |
| Short Term Debt | 41.3K | 517.9K | 8.2M | 7.3M | 58.8M | 61.7M | |
| Common Stock | 17.4K | 37.4K | 55.7K | 160K | 184K | 193.2K | |
| Total Assets | 22.3M | 317.5M | 452.6M | 761.6M | 2.0B | 2.1B | |
| Cash | 3.1M | 18.0M | 20.5M | 29.2M | 121.2M | 127.3M | |
| Cash And Short Term Investments | 4.1M | 42.4M | 32.2M | 86.2M | 553.8M | 581.5M | |
| Liabilities And Stockholders Equity | 22.3M | 317.5M | 452.6M | 761.6M | 2.0B | 2.1B | |
| Total Current Assets | 8.3M | 57.7M | 50.8M | 102.2M | 705.4M | 740.7M | |
| Other Current Assets | 3.2M | 42.0M | 26.2M | 15.2M | 12.9M | 12.2M | |
| Net Tangible Assets | 5.5M | 2.5M | 273.9M | 397.5M | 457.2M | 480.0M | |
| Property Plant And Equipment Net | 158.7K | 227.0M | 389.8M | 641.0M | 873.0M | 916.6M | |
| Non Current Assets Total | 14.1M | 259.7M | 401.8M | 659.4M | 1.3B | 1.3B | |
| Non Currrent Assets Other | (14.1M) | 875.5K | 5.5M | 5.7M | 373.2M | 391.9M | |
| Long Term Debt | 3.0M | 531.2K | 13.4M | 8.9M | 7.2M | 3.7M | |
| Non Current Liabilities Total | 531.2K | 1.7M | 14.6M | 10.3M | 13.9M | 14.6M | |
| Property Plant And Equipment Gross | 158.7K | 234.7M | 377.3M | 565.1M | 1.7B | 1.8B | |
| Short Long Term Debt | 909.5K | 67.5K | 7.8M | 7.0M | 58.8M | 61.7M | |
| Intangible Assets | 8.0M | 12.8M | 6.5M | 4.6M | 3.0M | 2.9M | |
| Property Plant Equipment | 145.1K | 158.7K | 137.6M | 376.8M | 433.3M | 455.0M | |
| Net Receivables | 1.1M | 307.1K | 27.0K | 5K | 138.7M | 145.7M | |
| Capital Surpluse | 83.0M | 111.9M | 444.1M | 599.9M | 689.9M | 724.4M | |
| Inventory | (4.1T) | 2.7M | 216.4K | 809K | 728.1K | 764.5K |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 (0.69) | 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.