Galaxy Net Debt vs Net Receivables Analysis
| GLXY Stock | 28.89 2.01 7.48% |
Galaxy Digital financial indicator trend analysis is much more than just examining Galaxy Digital Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galaxy Digital Holdings is a good investment. Please check the relationship between Galaxy Digital Net Debt and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Net Debt vs Net Receivables
Net Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galaxy Digital Holdings Net Debt account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Galaxy Digital's Net Debt and Net Receivables is 0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Galaxy Digital Holdings, assuming nothing else is changed. The correlation between historical values of Galaxy Digital's Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Galaxy Digital Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Galaxy Digital's Net Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Receivables
Most indicators from Galaxy Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galaxy Digital Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. Issuance Of Capital Stock is likely to rise to about 131.6 M in 2025, whereas Tax Provision is likely to drop slightly above 27.3 M in 2025.
Galaxy Digital fundamental ratios Correlations
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Galaxy Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Galaxy Digital's price analysis, check to measure Galaxy 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 Galaxy Digital is operating at the current time. Most of Galaxy Digital's value examination focuses on studying past and present price action to predict the probability of Galaxy 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 Galaxy Digital's price. Additionally, you may evaluate how the addition of Galaxy Digital to your portfolios can decrease your overall portfolio volatility.