CleanSpark Non Current Liabilities Total vs Retained Earnings Analysis

CLSK Stock  USD 9.80  0.53  5.13%   
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 Non Current Liabilities Total 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.

Non Current Liabilities Total vs Retained Earnings

Non Current Liabilities Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanSpark Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between CleanSpark's Non Current Liabilities Total and Retained Earnings is -0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total i.e., CleanSpark's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

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 Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 1 M this year, although Enterprise Value Over EBITDA will most likely fall to (171.62).

CleanSpark fundamental ratios Correlations

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0.860.850.90.56-0.73-0.930.830.810.870.910.860.860.790.90.930.880.910.050.940.90.90.720.910.850.9
0.90.850.980.48-0.67-0.931.00.821.00.981.00.940.980.990.950.980.97-0.160.920.980.990.960.720.880.98
0.910.90.980.52-0.74-0.940.980.850.991.00.980.940.961.00.990.990.99-0.210.971.01.00.920.830.91.0
0.540.560.480.52-0.5-0.650.470.450.50.560.50.510.450.520.60.520.540.00.530.510.510.430.580.550.51
-0.47-0.73-0.67-0.74-0.50.75-0.68-0.51-0.73-0.75-0.65-0.49-0.67-0.73-0.78-0.81-0.80.04-0.7-0.71-0.72-0.64-0.72-0.47-0.72
-0.89-0.93-0.93-0.94-0.650.75-0.92-0.79-0.94-0.96-0.94-0.9-0.89-0.95-0.96-0.94-0.95-0.02-0.93-0.94-0.94-0.83-0.82-0.89-0.94
0.880.831.00.980.47-0.68-0.920.811.00.980.990.920.980.980.940.980.97-0.160.910.970.980.970.70.860.97
0.820.810.820.850.45-0.51-0.790.810.830.850.830.850.870.850.810.810.82-0.30.860.860.860.790.730.80.86
0.890.871.00.990.5-0.73-0.941.00.830.990.990.920.980.990.970.990.99-0.160.930.980.990.960.750.860.99
0.920.910.981.00.56-0.75-0.960.980.850.990.990.940.961.00.990.990.99-0.150.970.991.00.920.820.90.99
0.930.861.00.980.5-0.65-0.940.990.830.990.990.960.970.990.960.970.97-0.170.940.990.990.940.750.910.99
0.990.860.940.940.51-0.49-0.90.920.850.920.940.960.890.940.920.890.91-0.220.950.960.950.850.790.980.95
0.830.790.980.960.45-0.67-0.890.980.870.980.960.970.890.960.910.960.95-0.220.870.950.960.980.650.810.95
0.920.90.991.00.52-0.73-0.950.980.850.991.00.990.940.960.980.990.99-0.210.971.01.00.930.820.91.0
0.910.930.950.990.6-0.78-0.960.940.810.970.990.960.920.910.980.980.99-0.150.980.980.980.860.890.910.98
0.860.880.980.990.52-0.81-0.940.980.810.990.990.970.890.960.990.981.0-0.180.940.980.990.930.80.840.98
0.880.910.970.990.54-0.8-0.950.970.820.990.990.970.910.950.990.991.0-0.170.960.990.990.910.840.860.99
-0.180.05-0.16-0.210.00.04-0.02-0.16-0.3-0.16-0.15-0.17-0.22-0.22-0.21-0.15-0.18-0.17-0.23-0.22-0.22-0.29-0.19-0.16-0.22
0.940.940.920.970.53-0.7-0.930.910.860.930.970.940.950.870.970.980.940.96-0.230.980.970.820.930.930.98
0.940.90.981.00.51-0.71-0.940.970.860.980.990.990.960.951.00.980.980.99-0.220.981.00.910.840.921.0
0.920.90.991.00.51-0.72-0.940.980.860.991.00.990.950.961.00.980.990.99-0.220.971.00.930.820.91.0
0.780.720.960.920.43-0.64-0.830.970.790.960.920.940.850.980.930.860.930.91-0.290.820.910.930.570.740.91
0.820.910.720.830.58-0.72-0.820.70.730.750.820.750.790.650.820.890.80.84-0.190.930.840.820.570.830.84
1.00.850.880.90.55-0.47-0.890.860.80.860.90.910.980.810.90.910.840.86-0.160.930.920.90.740.830.91
0.930.90.981.00.51-0.72-0.940.970.860.990.990.990.950.951.00.980.980.99-0.220.981.01.00.910.840.91
Click cells to compare fundamentals

CleanSpark Account Relationship Matchups

CleanSpark fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total572.5K2.4M22.2M16.7M19.3M20.2M
Other Current Liab750K1.1M1.2M1.2M1.4M1.4M
Total Current Liabilities5.4M10.1M34.0M74.1M85.2M89.4M
Total Stockholder Equity16.4M305.7M404.0M677.2M778.8M817.8M
Net Debt(2.6M)(15.7M)1.8M(12.5M)(11.2M)(10.7M)
Retained Earnings(116.4M)(138.4M)(196.1M)(332.6M)(299.4M)(284.4M)
Accounts Payable4.5M8.0M24.7M65.6M75.4M79.2M
Common Stock Total Equity4.7K17.4K37.4K55.7K64.0K67.2K
Common Stock Shares Outstanding9.6M29.4M42.6M102.7M118.1M124.0M
Other Stockholder Equity132.8M444.1M599.9M1.0B1.2B1.2B
Total Liab5.9M11.8M48.6M84.4M97.0M101.9M
Short Term Debt41.3K670.0K8.2M7.3M8.4M8.8M
Common Stock17.4K37.4K55.7K160K184K193.2K
Total Assets22.3M317.5M452.6M761.6M875.8M919.6M
Cash3.1M18.0M20.5M29.2M33.6M35.3M
Cash And Short Term Investments4.1M42.4M32.2M86.2M99.1M104.1M
Liabilities And Stockholders Equity22.3M317.5M452.6M761.6M875.8M919.6M
Total Current Assets8.3M57.7M50.8M102.2M117.5M123.4M
Other Current Assets4.1T10.0M27.1M12.0M13.8M13.1M
Net Tangible Assets5.5M2.5M273.9M397.5M457.2M480.0M
Property Plant And Equipment Net158.7K227.0M389.8M565.1M649.8M682.3M
Non Current Assets Total14.1M259.7M401.8M659.4M758.3M796.2M
Non Currrent Assets Other(14.1M)875.5K5.5M81.7M93.9M98.6M
Long Term Debt3.0M531.2K13.4M8.9M10.2M10.8M
Non Current Liabilities Total531.2K1.7M14.6M10.3M11.8M12.4M
Property Plant And Equipment Gross158.7K234.7M377.3M565.1M649.8M682.3M
Short Long Term Debt909.5K67.5K7.8M7.0M8.0M8.4M
Intangible Assets8.0M12.8M6.5M4.6M5.3M9.9M
Property Plant Equipment145.1K158.7K137.6M376.8M433.3M455.0M
Net Receivables1.1M2.6M27.0K5K5.8K5.5K
Capital Surpluse83.0M111.9M444.1M599.9M689.9M724.4M
Inventory(4.1T)2.7M216.4K809K728.1K764.5K

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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 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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.