Marathon Other Stockholder Equity vs Cash And Short Term Investments Analysis
MARA Stock | USD 19.86 1.75 9.66% |
Marathon Digital financial indicator trend analysis is infinitely more than just investigating Marathon Digital Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Digital Holdings is a good investment. Please check the relationship between Marathon Digital Other Stockholder Equity and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon 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 metropolitan statistical area.
Other Stockholder Equity vs Cash And Short Term Investments
Other Stockholder Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Digital Holdings Other Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Marathon Digital's Other Stockholder Equity and Cash And Short Term Investments is 0.81. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Marathon Digital Holdings, assuming nothing else is changed. The correlation between historical values of Marathon Digital's Other Stockholder Equity and Cash And Short Term Investments 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 Marathon Digital Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Marathon Digital's Other Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Marathon Digital Holdings balance sheet. This account contains Marathon Digital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Marathon Digital Holdings 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.Most indicators from Marathon Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon 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 metropolitan statistical area. At present, Marathon Digital's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 318.1 K, whereas Tax Provision is projected to grow to (19.6 M).
Marathon Digital fundamental ratios Correlations
Click cells to compare fundamentals
Marathon Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marathon Digital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6M | 313.3M | 1.4B | 1.2B | 2.0B | 2.1B | |
Short Long Term Debt Total | 1.2M | 184.1K | 728.4M | 783.5M | 326.1M | 190.5M | |
Other Current Liab | 12.8K | 322.4K | 867.3K | 24.2M | 22.2M | 23.3M | |
Total Current Liabilities | 1.9M | 1.4M | 13.8M | 26.1M | 33.8M | 35.4M | |
Total Stockholder Equity | 3.6M | 311.7M | 683.0M | 385.9M | 1.6B | 1.7B | |
Net Tangible Assets | 2.6M | 310.7M | 682.1M | 385.9M | 443.8M | 466.0M | |
Net Debt | 514.6K | (141.1M) | 459.9M | 679.8M | (31.2M) | (29.6M) | |
Retained Earnings | (105.6M) | (116.1M) | (152.2M) | (840.3M) | (567.6M) | (539.3M) | |
Accounts Payable | 1.2M | 999.7K | 12.9M | 1.3M | 11.3M | 11.9M | |
Cash | 693.0K | 141.3M | 268.5M | 103.7M | 357.3M | 375.2M | |
Non Current Assets Total | 5.1M | 26.8M | 760.1M | 917.7M | 961.2M | 1.0B | |
Non Currrent Assets Other | (5.1M) | 8.4M | 479.9M | 606.4M | 182.4M | 127.5M | |
Cash And Short Term Investments | 693.0K | 141.3M | 492.3M | 103.7M | 357.3M | 375.2M | |
Common Stock Total Equity | 846.0 | 8.2K | 10.3K | 15K | 17.3K | 18.1K | |
Retained Earnings Total Equity | (105.6M) | (116.1M) | (152.2M) | (840.3M) | (756.3M) | (718.5M) | |
Common Stock Shares Outstanding | 6.7M | 81.4M | 99.3M | 113.5M | 192.3M | 201.9M | |
Liabilities And Stockholders Equity | 6.6M | 313.3M | 1.4B | 1.2B | 2.0B | 2.1B | |
Non Current Liabilities Total | 1.1M | 62.5K | 751.4M | 783.2M | 341.3M | 175.9M | |
Capital Surpluse | 109.7M | 428.2M | 835.7M | 1.2B | 1.4B | 1.5B | |
Other Current Assets | 801.2K | 70.3M | 131.4M | 173.8M | 670.4M | 703.9M | |
Other Stockholder Equity | 109.7M | 428.2M | 835.7M | 1.2B | 2.2B | 2.3B | |
Total Liab | 3.0M | 1.5M | 765.2M | 809.3M | 375.1M | 393.8M | |
Total Current Assets | 1.5M | 286.4M | 688.2M | 277.5M | 1.0B | 1.1B | |
Common Stock | 846.0 | 8.2K | 10.3K | 15K | 24K | 25.2K | |
Intangible Assets | 1.1M | 1.0M | 931.2K | 194.2K | 242K | 229.9K | |
Property Plant Equipment | 3.8M | 17.4M | 276.2M | 273.0M | 314.0M | 329.7M | |
Property Plant And Equipment Net | 4.1M | 17.4M | 276.2M | 274.1M | 672.2M | 705.8M | |
Property Plant And Equipment Gross | 4.1M | 17.4M | 297.6M | 290.7M | 868.2M | 911.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Marathon Digital Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Digital Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Digital Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon 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 metropolitan statistical area. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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 Marathon Digital. If investors know Marathon 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 Marathon Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.764 | Earnings Share 0.91 | Revenue Per Share 2.257 | Quarterly Revenue Growth 0.345 | Return On Assets (0.01) |
The market value of Marathon Digital Holdings is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Digital's value that differs from its market value or its book value, called intrinsic value, which is Marathon Digital'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 Marathon Digital's market value can be influenced by many factors that don't directly affect Marathon Digital'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 Marathon Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Digital'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.