Argo Price Cash Flow Ratio vs Free Cash Flow Yield Analysis
ARBK Stock | USD 1.12 0.02 1.82% |
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 Price Cash Flow Ratio and its Free Cash Flow Yield 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 labor statistics.
Price Cash Flow Ratio vs Free Cash Flow Yield
Price Cash Flow Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Blockchain PLC Price Cash Flow Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Argo Blockchain's Price Cash Flow Ratio and Free Cash Flow Yield is 0.42. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Free Cash Flow Yield 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 Price Cash Flow Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of Argo Blockchain PLC are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price Cash Flow Ratio i.e., Argo Blockchain's Price Cash Flow Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price Cash Flow Ratio
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.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 labor statistics. At this time, Argo Blockchain's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 8.1 M this year, although Enterprise Value Multiple is projected to rise to (86.06).
2023 | 2024 (projected) | Depreciation And Amortization | 20.1M | 16.5M | Interest Income | 1.3K | 1.2K |
Argo Blockchain fundamental ratios Correlations
Click cells to compare fundamentals
Argo Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Argo Blockchain fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.4M | 44.5M | 388.3M | 91.4M | 75.9M | 121.0M | |
Other Current Liab | 576.1K | 369.8K | 11.3M | 6.7M | 9.2M | 5.2M | |
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 | 158K | 150.1K | |
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 | 59.2M | |
Net Debt | 1.2M | 7.4M | 57.0M | 46.3M | 55.1M | 57.8M | |
Retained Earnings | (6.5M) | 29.9M | 71.3M | (141.4M) | (192.4M) | (182.8M) | |
Cash | 211.5K | 2.8M | 15.9M | 16.7M | 7.4M | 8.5M | |
Non Current Assets Total | 28.1M | 32.4M | 177.9M | 68.7M | 61.0M | 68.2M | |
Non Currrent Assets Other | 6.8M | (1.16) | 109.0M | 2.6M | 384K | 364.8K | |
Cash And Short Term Investments | 1.6M | 9.1M | 124.9M | 17.0M | 7.8M | 7.4M | |
Net Receivables | 1.8M | 1.7M | 2.7M | (1.2M) | (1.0) | (0.95) | |
Common Stock Shares Outstanding | 29.4M | 33.5M | 41.5M | 47.4M | 50.4M | 66.1M | |
Liabilities And Stockholders Equity | 32.4M | 44.5M | 388.3M | 91.4M | 75.9M | 121.0M | |
Non Current Liabilities Total | 4.7M | 5.3M | 42.1M | 59.9M | 48.2M | 29.4M | |
Other Current Assets | 1.0M | 6.8M | 85.5M | 6.8M | 7.1M | 6.7M | |
Other Stockholder Equity | 33.3M | 2.3M | 200.1M | 201.5M | 206.1M | 123.8M | |
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 | |
Total Current Assets | 4.3M | 12.1M | 210.4M | 22.7M | 14.9M | 14.2M | |
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 | 558.5K | 520.6K | |
Property Plant Equipment | 15.4M | 17.9M | 112.0M | 64.3M | 73.9M | 46.6M |
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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.