CleanSpark Other Stockholder Equity vs Non Current Liabilities Total 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 Other Stockholder Equity and its Non Current Liabilities Total 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.
Other Stockholder Equity vs Non Current Liabilities Total
Other Stockholder Equity vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanSpark Other Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CleanSpark's Other Stockholder Equity and Non Current Liabilities Total is 0.9. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of CleanSpark, assuming nothing else is changed. The correlation between historical values of CleanSpark's Other Stockholder Equity and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of CleanSpark are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Stockholder Equity i.e., CleanSpark's Other Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Stockholder Equity
Non Current Liabilities Total
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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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 | 19.3M | 20.2M | |
Other Current Liab | 750K | 1.1M | 1.2M | 1.2M | 1.4M | 1.4M | |
Total Current Liabilities | 5.4M | 10.1M | 34.0M | 74.1M | 85.2M | 89.4M | |
Total Stockholder Equity | 16.4M | 305.7M | 404.0M | 677.2M | 778.8M | 817.8M | |
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 Payable | 4.5M | 8.0M | 24.7M | 65.6M | 75.4M | 79.2M | |
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 | 118.1M | 124.0M | |
Other Stockholder Equity | 132.8M | 444.1M | 599.9M | 1.0B | 1.2B | 1.2B | |
Total Liab | 5.9M | 11.8M | 48.6M | 84.4M | 97.0M | 101.9M | |
Short Term Debt | 41.3K | 670.0K | 8.2M | 7.3M | 8.4M | 8.8M | |
Common Stock | 17.4K | 37.4K | 55.7K | 160K | 184K | 193.2K | |
Total Assets | 22.3M | 317.5M | 452.6M | 761.6M | 875.8M | 919.6M | |
Cash | 3.1M | 18.0M | 20.5M | 29.2M | 33.6M | 35.3M | |
Cash And Short Term Investments | 4.1M | 42.4M | 32.2M | 86.2M | 99.1M | 104.1M | |
Liabilities And Stockholders Equity | 22.3M | 317.5M | 452.6M | 761.6M | 875.8M | 919.6M | |
Total Current Assets | 8.3M | 57.7M | 50.8M | 102.2M | 117.5M | 123.4M | |
Other Current Assets | 4.1T | 10.0M | 27.1M | 12.0M | 13.8M | 13.1M | |
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 | 565.1M | 649.8M | 682.3M | |
Non Current Assets Total | 14.1M | 259.7M | 401.8M | 659.4M | 758.3M | 796.2M | |
Non Currrent Assets Other | (14.1M) | 875.5K | 5.5M | 81.7M | 93.9M | 98.6M | |
Long Term Debt | 3.0M | 531.2K | 13.4M | 8.9M | 10.2M | 10.8M | |
Non Current Liabilities Total | 531.2K | 1.7M | 14.6M | 10.3M | 11.8M | 12.4M | |
Property Plant And Equipment Gross | 158.7K | 234.7M | 377.3M | 565.1M | 649.8M | 682.3M | |
Short Long Term Debt | 909.5K | 67.5K | 7.8M | 7.0M | 8.0M | 8.4M | |
Intangible Assets | 8.0M | 12.8M | 6.5M | 4.6M | 5.3M | 9.9M | |
Property Plant Equipment | 145.1K | 158.7K | 137.6M | 376.8M | 433.3M | 455.0M | |
Net Receivables | 1.1M | 2.6M | 27.0K | 5K | 5.8K | 5.5K | |
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 |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.