Argo Free Cash Flow vs Change In Cash Analysis

ARB Stock

6.00 0.70 13.21%

Argo Blockchain financial indicator trend analysis is way more than just evaluating Argo Blockchain PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argo Blockchain PLC is a good investment. Please check the relationship between Argo Blockchain Free Cash Flow and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Blockchain PLC Free Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Argo Blockchain's Free Cash Flow and Change In Cash is -0.06. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Argo Blockchain PLC, assuming nothing else is changed. The correlation between historical values of Argo Blockchain's Free Cash Flow and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Argo Blockchain PLC are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow i.e., Argo Blockchain's Free Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Cash

Most indicators from Argo Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argo Blockchain PLC 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 Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Argo Blockchain's Selling General Administrative is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Total Revenue	100.1M	47.4M	73.0M	47.4M
Depreciation And Amortization	11.5M	23.4M	20.5M	11.8M

Total Revenue Depreciation And Amortization

Argo Blockchain fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		0.74	0.98	0.9	0.91	0.96	0.73	0.08	0.95	0.02	0.95	0.98	0.91	0.92	0.28	0.58	0.95	0.99	0.73	0.85	1.0	0.71	0.94	0.47	0.73	0.96
Other Current Liab	0.74		0.85	0.41	0.44	0.86	0.9	-0.58	0.52	-0.16	0.87	0.68	0.44	0.48	0.81	0.85	0.51	0.72	0.9	0.9	0.76	0.9	0.51	0.88	0.13	0.56
Total Current Liabilities	0.98	0.85		0.81	0.83	0.99	0.85	-0.11	0.89	-0.07	0.99	0.94	0.82	0.84	0.46	0.72	0.88	0.97	0.84	0.93	0.98	0.83	0.87	0.65	0.59	0.91
Total Stockholder Equity	0.9	0.41	0.81		1.0	0.76	0.43	0.48	0.97	0.11	0.76	0.94	0.98	0.99	-0.08	0.24	0.99	0.92	0.43	0.58	0.89	0.4	0.99	0.14	0.93	0.97
Net Tangible Assets	0.91	0.44	0.83	1.0		0.77	0.45	0.45	0.97	0.13	0.77	0.95	0.99	1.0	-0.04	0.25	1.0	0.93	0.46	0.6	0.9	0.42	0.99	0.17	0.93	0.97
Property Plant And Equipment Net	0.96	0.86	0.99	0.76	0.77		0.9	-0.17	0.86	-0.12	1.0	0.89	0.77	0.77	0.48	0.79	0.83	0.93	0.88	0.96	0.96	0.88	0.81	0.67	0.52	0.87
Net Debt	0.73	0.9	0.85	0.43	0.45	0.9		-0.51	0.58	-0.29	0.91	0.63	0.45	0.45	0.73	0.97	0.53	0.7	0.95	0.97	0.75	0.98	0.51	0.89	0.13	0.6
Retained Earnings	0.08	-0.58	-0.11	0.48	0.45	-0.17	-0.51		0.33	0.17	-0.18	0.18	0.41	0.42	-0.79	-0.62	0.38	0.11	-0.55	-0.4	0.03	-0.57	0.37	-0.73	0.66	0.28
Accounts Payable	0.95	0.52	0.89	0.97	0.97	0.86	0.58	0.33		0.03	0.85	0.95	0.95	0.96	0.03	0.4	0.98	0.96	0.58	0.71	0.94	0.55	0.97	0.27	0.85	0.99
Cash	0.02	-0.16	-0.07	0.11	0.13	-0.12	-0.29	0.17	0.03		-0.16	0.05	0.28	0.14	-0.38	-0.44	0.09	0.02	-0.03	-0.08	0.07	-0.12	0.2	-0.22	0.41	0.15
Non Current Assets Total	0.95	0.87	0.99	0.76	0.77	1.0	0.91	-0.18	0.85	-0.16		0.89	0.76	0.77	0.51	0.8	0.83	0.93	0.87	0.95	0.95	0.87	0.81	0.69	0.5	0.86
Non Currrent Assets Other	0.98	0.68	0.94	0.94	0.95	0.89	0.63	0.18	0.95	0.05	0.89		0.94	0.96	0.22	0.44	0.97	0.99	0.64	0.76	0.97	0.6	0.96	0.4	0.79	0.96
Cash And Short Term Investments	0.91	0.44	0.82	0.98	0.99	0.77	0.45	0.41	0.95	0.28	0.76	0.94		0.98	-0.05	0.23	0.98	0.92	0.49	0.62	0.9	0.45	1.0	0.19	0.94	0.98
Net Receivables	0.92	0.48	0.84	0.99	1.0	0.77	0.45	0.42	0.96	0.14	0.77	0.96	0.98		0.01	0.25	0.99	0.94	0.47	0.61	0.9	0.42	0.99	0.2	0.92	0.96
Common Stock Total Equity	0.28	0.81	0.46	-0.08	-0.04	0.48	0.73	-0.79	0.03	-0.38	0.51	0.22	-0.05	0.01		0.78	0.04	0.26	0.68	0.62	0.3	0.71	0.02	0.92	-0.34	0.06
Common Stock Shares Outstanding	0.58	0.85	0.72	0.24	0.25	0.79	0.97	-0.62	0.4	-0.44	0.8	0.44	0.23	0.25	0.78		0.34	0.53	0.88	0.88	0.59	0.93	0.3	0.88	-0.09	0.41
Short Term Investments	0.95	0.51	0.88	0.99	1.0	0.83	0.53	0.38	0.98	0.09	0.83	0.97	0.98	0.99	0.04	0.34		0.96	0.53	0.67	0.93	0.49	0.99	0.25	0.89	0.98
Other Current Assets	0.99	0.72	0.97	0.92	0.93	0.93	0.7	0.11	0.96	0.02	0.93	0.99	0.92	0.94	0.26	0.53	0.96		0.7	0.81	0.99	0.67	0.95	0.45	0.75	0.97
Other Stockholder Equity	0.73	0.9	0.84	0.43	0.46	0.88	0.95	-0.55	0.58	-0.03	0.87	0.64	0.49	0.47	0.68	0.88	0.53	0.7		0.97	0.77	0.99	0.54	0.89	0.21	0.63
Total Liab	0.85	0.9	0.93	0.58	0.6	0.96	0.97	-0.4	0.71	-0.08	0.95	0.76	0.62	0.61	0.62	0.88	0.67	0.81	0.97		0.87	0.97	0.67	0.82	0.34	0.75
Net Invested Capital	1.0	0.76	0.98	0.89	0.9	0.96	0.75	0.03	0.94	0.07	0.95	0.97	0.9	0.9	0.3	0.59	0.93	0.99	0.77	0.87		0.74	0.93	0.51	0.72	0.96
Property Plant And Equipment Gross	0.71	0.9	0.83	0.4	0.42	0.88	0.98	-0.57	0.55	-0.12	0.87	0.6	0.45	0.42	0.71	0.93	0.49	0.67	0.99	0.97	0.74		0.5	0.9	0.14	0.6
Total Current Assets	0.94	0.51	0.87	0.99	0.99	0.81	0.51	0.37	0.97	0.2	0.81	0.96	1.0	0.99	0.02	0.3	0.99	0.95	0.54	0.67	0.93	0.5		0.25	0.91	0.99
Capital Stock	0.47	0.88	0.65	0.14	0.17	0.67	0.89	-0.73	0.27	-0.22	0.69	0.4	0.19	0.2	0.92	0.88	0.25	0.45	0.89	0.82	0.51	0.9	0.25		-0.11	0.32
Net Working Capital	0.73	0.13	0.59	0.93	0.93	0.52	0.13	0.66	0.85	0.41	0.5	0.79	0.94	0.92	-0.34	-0.09	0.89	0.75	0.21	0.34	0.72	0.14	0.91	-0.11		0.86
Intangible Assets	0.96	0.56	0.91	0.97	0.97	0.87	0.6	0.28	0.99	0.15	0.86	0.96	0.98	0.96	0.06	0.41	0.98	0.97	0.63	0.75	0.96	0.6	0.99	0.32	0.86

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Argo Blockchain Account Relationship Matchups

Argo Blockchain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.4M	44.5M	388.3M	91.4M	75.9M	119.9M
Other Current Liab	576.1K	568.4K	11.3M	5.2M	10.9M	11.5M
Total Current Liabilities	5.2M	6.0M	73.8M	20.1M	27.6M	24.4M
Total Stockholder Equity	27.2M	33.2M	272.4M	11.4M	156.7K	148.8K
Net Tangible Assets	20.3M	24.0M	201.5M	9.7M	11.1M	10.6M
Property Plant And Equipment Net	20.2M	24.4M	151.1M	64.3M	59.7M	59.1M
Net Debt	1.2M	7.4M	57.0M	46.3M	55.1M	27.6M
Retained Earnings	(6.5M)	29.9M	71.3M	(141.4M)	(190.7M)	(181.2M)
Accounts Payable	3.2M	548.3K	20.6M	2.8M	185.1K	175.9K
Cash	211.5K	2.8M	15.9M	16.7M	7.4M	10.9M
Non Current Assets Total	28.1M	32.4M	177.9M	68.7M	77.1M	71.0M
Non Currrent Assets Other	6.8M	(1.16)	109.0M	2.6M	16.5M	25.3M
Cash And Short Term Investments	1.6M	9.1M	124.9M	17.0M	7.8M	7.4M
Net Receivables	2.0M	1.7M	15.9M	683K	1.9M	1.8M
Common Stock Shares Outstanding	293.8M	344.6M	415.2M	473.9M	503.9M	406.5M
Short Term Investments	1.4M	6.3M	109.0M	368K	385K	365.8K
Liabilities And Stockholders Equity	32.4M	44.5M	388.3M	91.4M	75.9M	119.9M
Non Current Liabilities Total	4.7M	5.3M	42.1M	59.9M	47.8M	29.3M
Other Current Assets	2.7M	472.4K	47.4M	5.0M	7.1M	11.5M
Other Stockholder Equity	33.3M	2.8M	200.1M	184.3M	190.0M	116.6M
Total Liab	5.2M	11.3M	115.9M	80.0M	75.8M	52.9M
Net Invested Capital	21.8M	24.4M	255.5M	73.9M	62.7M	84.3M
Property Plant And Equipment Gross	15.4M	17.9M	176.5M	177.6M	178.5M	104.2M
Total Current Assets	4.3M	12.1M	210.4M	22.7M	14.9M	14.2M
Accumulated Other Comprehensive Income	178.2K	518.1K	8.9M	8.6M	(14.1M)	(13.4M)
Net Working Capital	(699.1K)	4.5M	101.2M	2.5M	(12.7M)	(12.0M)
Intangible Assets	631.9K	501.2K	7.5M	1.8M	776K	737.2K
Common Stock	385.2K	413.5K	631.6K	478K	900.0K	568.7K
Property Plant Equipment	15.4M	17.9M	112.0M	64.3M	73.9M	46.6M

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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:

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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.

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Argo Free Cash Flow vs Change In Cash Analysis

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Cash

Argo Blockchain fundamental ratios Correlations

Argo Blockchain Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argo Blockchain fundamental ratios Accounts

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Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Net Tangible Assets
Short Term Investments	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments

Common Stock Total Equity	- 0.79	Retained Earnings
Capital Stock	- 0.73	Retained Earnings
Common Stock Shares Outstanding	- 0.62	Retained Earnings
Retained Earnings	- 0.58	Other Current Liab
Property Plant And Equipment Gross	- 0.57	Retained Earnings
Other Stockholder Equity	- 0.55	Retained Earnings