Argo Capital Expenditures from 2010 to 2024

ARBK Stock  USD 1.10  0.04  3.77%   
Argo Blockchain Capital Expenditures yearly trend continues to be quite stable with very little volatility. The value of Capital Expenditures is projected to decrease to about 1.1 M. From the period between 2010 and 2024, Argo Blockchain, Capital Expenditures regression line of its data series had standard deviation of  51,689,065 and standard deviation of  51,689,065. View All Fundamentals
 
Capital Expenditures  
First Reported
2019-03-31
Previous Quarter
3.6
Current Value
0.0
Quarterly Volatility
15.3 M
 
Covid
Check Argo Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argo Blockchain's main balance sheet or income statement drivers, such as Interest Expense of 6.1 M, Other Operating Expenses of 52 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 4.0, Dividend Yield of 0.0 or PTB Ratio of 1.2 K. Argo financial statements analysis is a perfect complement when working with Argo Blockchain Valuation or Volatility modules.
  
Check out the analysis of Argo Blockchain Correlation against competitors.

Latest Argo Blockchain's Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of Argo Blockchain PLC over the last few years. Capital Expenditures are funds used by Argo Blockchain PLC to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Argo Blockchain operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is Argo Blockchain's Capital Expenditures historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argo Blockchain's overall financial position and show how it may be relating to other accounts over time.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

Argo Capital Expenditures Regression Statistics

Arithmetic Mean21,770,986
Geometric Mean4,512,769
Coefficient Of Variation237.42
Mean Deviation31,287,885
Median2,670,015
Standard Deviation51,689,065
Sample Variance2671.8T
Range189.8M
R-Value0.37
Mean Square Error2488.9T
R-Squared0.13
Significance0.18
Slope4,246,172
Total Sum of Squares37404.6T

Argo Capital Expenditures History

20241.1 M
20231.1 M
202287.4 M
2021190.8 M
20202.5 M
201919.7 M

About Argo Blockchain Financial Statements

Argo Blockchain investors utilize fundamental indicators, such as Capital Expenditures, to predict how Argo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Expenditures1.1 M1.1 M

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When determining whether Argo Blockchain PLC is a strong investment it is important to analyze Argo Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:
Check out the analysis of Argo Blockchain Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Asset Management & Custody Banks 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 Argo Blockchain. If investors know Argo 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 Argo Blockchain 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
(0.94)
Earnings Share
(0.90)
Revenue Per Share
1.01
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.16)
The market value of Argo Blockchain PLC is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Argo Blockchain'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 Argo Blockchain's market value can be influenced by many factors that don't directly affect Argo Blockchain'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 Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain'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.