BTC Net Receivables vs Total Revenue Analysis

BTCT Stock   8.28  1.16  12.29%   
BTC Digital financial indicator trend analysis is way more than just evaluating BTC Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTC Digital is a good investment. Please check the relationship between BTC Digital Net Receivables and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BTC Digital's Net Receivables and Total Revenue is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of BTC Digital, assuming nothing else is changed. The correlation between historical values of BTC Digital's Net Receivables and Total Revenue 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 Receivables of BTC Digital are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., BTC Digital's Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Revenue

Total revenue comprises all receipts BTC Digital generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from BTC Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Digital 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 BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.At this time, BTC Digital's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 38.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M141K63K59.9K
Depreciation And Amortization17.3M5.5M3.2M3.0M

BTC Digital fundamental ratios Correlations

-0.93-0.25-0.970.76-0.59-0.970.15-0.22-0.76-0.87-0.86-0.92-0.87-0.79-0.94-0.44-0.89-0.140.3-0.92-0.88-0.22-0.810.18-0.98
-0.930.260.98-0.790.780.950.090.050.810.860.970.860.860.720.870.690.930.32-0.170.990.870.50.61-0.230.88
-0.250.260.31-0.660.430.150.56-0.32-0.29-0.060.370.33-0.06-0.320.220.470.120.220.110.37-0.030.06-0.18-0.620.15
-0.970.980.31-0.830.710.980.00.160.770.880.940.910.880.750.920.60.930.27-0.270.980.880.370.7-0.310.94
0.76-0.79-0.66-0.83-0.78-0.74-0.38-0.22-0.31-0.51-0.86-0.87-0.51-0.32-0.82-0.73-0.6-0.050.44-0.87-0.48-0.42-0.430.65-0.76
-0.590.780.430.71-0.780.580.67-0.160.380.360.90.680.360.180.650.980.530.1-0.080.820.390.860.11-0.280.53
-0.970.950.150.98-0.740.58-0.180.270.840.940.870.890.940.860.910.460.950.25-0.330.940.930.260.81-0.240.96
0.150.090.560.0-0.380.67-0.18-0.39-0.38-0.420.310.06-0.42-0.6-0.020.77-0.22-0.050.140.17-0.390.72-0.59-0.32-0.2
-0.220.05-0.320.16-0.22-0.160.27-0.390.120.220.020.370.220.380.41-0.230.02-0.59-0.960.080.1-0.150.62-0.260.43
-0.760.81-0.290.77-0.310.380.84-0.380.120.940.670.570.940.940.640.280.910.4-0.070.720.940.270.70.130.73
-0.870.86-0.060.88-0.510.360.94-0.420.220.940.720.71.00.950.750.250.970.42-0.20.80.990.110.81-0.110.85
-0.860.970.370.94-0.860.90.870.310.020.670.720.870.720.560.860.830.830.23-0.190.990.730.640.48-0.310.82
-0.920.860.330.91-0.870.680.890.060.370.570.70.870.70.620.990.550.73-0.09-0.510.90.690.340.76-0.270.94
-0.870.86-0.060.88-0.510.360.94-0.420.220.941.00.720.70.950.750.250.970.42-0.20.80.990.110.81-0.110.85
-0.790.72-0.320.75-0.320.180.86-0.60.380.940.950.560.620.950.70.050.860.22-0.290.650.930.010.890.090.81
-0.940.870.220.92-0.820.650.91-0.020.410.640.750.860.990.750.70.50.75-0.11-0.520.890.730.330.81-0.20.97
-0.440.690.470.6-0.730.980.460.77-0.230.280.250.830.550.250.050.50.430.19-0.020.730.270.89-0.06-0.370.38
-0.890.930.120.93-0.60.530.95-0.220.020.910.970.830.730.970.860.750.430.52-0.050.890.980.240.68-0.150.83
-0.140.320.220.27-0.050.10.25-0.05-0.590.40.420.23-0.090.420.22-0.110.190.520.610.270.45-0.01-0.13-0.19-0.01
0.3-0.170.11-0.270.44-0.08-0.330.14-0.96-0.07-0.2-0.19-0.51-0.2-0.29-0.52-0.02-0.050.61-0.24-0.09-0.04-0.560.41-0.5
-0.920.990.370.98-0.870.820.940.170.080.720.80.990.90.80.650.890.730.890.27-0.240.810.510.59-0.340.88
-0.880.87-0.030.88-0.480.390.93-0.390.10.940.990.730.690.990.930.730.270.980.45-0.090.810.120.77-0.030.83
-0.220.50.060.37-0.420.860.260.72-0.150.270.110.640.340.110.010.330.890.24-0.01-0.040.510.12-0.15-0.090.2
-0.810.61-0.180.7-0.430.110.81-0.590.620.70.810.480.760.810.890.81-0.060.68-0.13-0.560.590.77-0.150.020.88
0.18-0.23-0.62-0.310.65-0.28-0.24-0.32-0.260.13-0.11-0.31-0.27-0.110.09-0.2-0.37-0.15-0.190.41-0.34-0.03-0.090.02-0.22
-0.980.880.150.94-0.760.530.96-0.20.430.730.850.820.940.850.810.970.380.83-0.01-0.50.880.830.20.88-0.22
Click cells to compare fundamentals

BTC Digital Account Relationship Matchups

BTC Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding80.7K109.7K864.3K1.1M1.5M1.6M
Total Assets1.5B1.1B885.4M209.3M24.5M23.3M
Other Current Liab119.6M2.0B106.2M72.0M4.1M3.9M
Total Current Liabilities1.3B1.2B714.9M76.3M5.1M4.8M
Total Stockholder Equity(260.9M)(378.7M)22.4M133.0M19.4M20.4M
Property Plant And Equipment Net715.3M469.5M191.4M92.4M12.7M12.1M
Current Deferred Revenue902.7M726.5M552.8M792K712.8K677.2K
Net Debt427.6M375.3M(66.8M)5.7M82K77.9K
Retained Earnings(525.3M)(936.2M)(1.3B)(1.3B)(186.6M)(195.9M)
Accounts Payable15.7M2.6M16.2M3.5M128K121.6K
Cash140.1M90.1M168.4M333K43K40.9K
Non Current Assets Total1.1B866.0M495.6M112.3M15.6M14.8M
Cash And Short Term Investments140.1M90.1M168.4M333K43K40.9K
Net Receivables63.8M9.0M67.0M8.9M5.5M5.2M
Liabilities And Stockholders Equity1.5B1.1B885.4M209.3M24.5M23.3M
Inventory108.2M91.3M121.2M22.3M2.6M2.5M
Other Current Assets5.5M15.9M34.7M5.1M3.4M3.2M
Other Stockholder Equity264.2M617.9M1.3B1.3B205.9M195.6M
Total Liab1.7B1.5B848.8M76.3M5.1M4.8M
Total Current Assets317.7M232.8M389.7M96.9M8.9M8.5M
Short Term Debt234.2M40.6M41.8M870K125K118.8K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for BTC Stock Analysis

When running BTC Digital's price analysis, check to measure BTC 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 BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to predict the probability of BTC 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 BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.