BTC Retained Earnings vs Total Current Liabilities Analysis

BTCTW Stock   0.07  0.01  10.35%   
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 Retained Earnings and its Total Current Liabilities 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 estimate.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between BTC Digital's Retained Earnings and Total Current Liabilities is 0.06. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of BTC Digital are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., BTC Digital's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on BTC Digital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BTC Digital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 estimate.
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 Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 19.61 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
 2021 2023 2024 (projected)
Cost Of Revenue483.7M10.2M9.7M
Research Development18.4M21.2M20.1M

BTC Digital fundamental ratios Correlations

0.99-0.870.980.060.890.920.99-0.780.52-0.790.470.98-0.75-0.030.99-0.930.850.890.920.910.72-0.91-0.810.960.94
0.99-0.920.970.060.830.90.99-0.710.46-0.720.390.98-0.81-0.021.0-0.910.810.850.890.890.67-0.87-0.750.980.96
-0.87-0.92-0.89-0.27-0.55-0.69-0.90.55-0.130.55-0.25-0.90.90.18-0.920.81-0.73-0.75-0.79-0.65-0.570.770.59-0.96-0.96
0.980.97-0.890.210.830.820.99-0.840.35-0.850.571.0-0.78-0.250.98-0.980.930.950.970.80.81-0.96-0.870.980.97
0.060.06-0.270.21-0.04-0.110.14-0.39-0.4-0.370.570.22-0.15-0.710.11-0.340.440.380.35-0.250.54-0.36-0.380.190.23
0.890.83-0.550.83-0.040.940.85-0.840.78-0.850.620.84-0.420.110.83-0.840.790.830.840.930.73-0.84-0.850.730.68
0.920.9-0.690.82-0.110.940.88-0.670.8-0.680.370.85-0.560.30.89-0.780.680.730.760.990.57-0.76-0.690.790.74
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-0.78-0.710.55-0.84-0.39-0.84-0.67-0.8-0.361.0-0.9-0.830.440.43-0.750.93-0.96-0.96-0.94-0.63-0.960.951.0-0.71-0.71
0.520.46-0.130.35-0.40.780.80.42-0.36-0.370.180.38-0.030.670.44-0.320.240.30.320.810.2-0.33-0.360.270.18
-0.79-0.720.55-0.85-0.37-0.85-0.68-0.81.0-0.37-0.89-0.840.450.42-0.760.93-0.97-0.96-0.95-0.64-0.960.961.0-0.72-0.72
0.470.39-0.250.570.570.620.370.5-0.90.18-0.890.56-0.07-0.590.43-0.720.820.80.750.310.94-0.77-0.870.40.42
0.980.98-0.91.00.220.840.851.0-0.830.38-0.840.56-0.78-0.20.99-0.970.920.940.960.820.8-0.95-0.860.980.97
-0.75-0.810.9-0.78-0.15-0.42-0.56-0.790.44-0.030.45-0.07-0.780.18-0.80.69-0.62-0.62-0.66-0.54-0.390.640.5-0.86-0.87
-0.03-0.020.18-0.25-0.710.110.3-0.130.430.670.42-0.59-0.20.18-0.070.36-0.49-0.43-0.380.34-0.570.390.42-0.19-0.28
0.991.0-0.920.980.110.830.891.0-0.750.44-0.760.430.99-0.8-0.07-0.930.850.880.910.870.7-0.9-0.780.980.96
-0.93-0.910.81-0.98-0.34-0.84-0.78-0.950.93-0.320.93-0.72-0.970.690.36-0.93-0.98-0.99-1.0-0.74-0.911.00.94-0.92-0.92
0.850.81-0.730.930.440.790.680.88-0.960.24-0.970.820.92-0.62-0.490.85-0.981.00.990.630.96-0.99-0.980.840.86
0.890.85-0.750.950.380.830.730.91-0.960.3-0.960.80.94-0.62-0.430.88-0.991.01.00.690.95-1.0-0.970.870.87
0.920.89-0.790.970.350.840.760.94-0.940.32-0.950.750.96-0.66-0.380.91-1.00.991.00.730.93-1.0-0.960.90.9
0.910.89-0.650.8-0.250.930.990.86-0.630.81-0.640.310.82-0.540.340.87-0.740.630.690.730.51-0.72-0.650.770.71
0.720.67-0.570.810.540.730.570.75-0.960.2-0.960.940.8-0.39-0.570.7-0.910.960.950.930.51-0.94-0.960.690.71
-0.91-0.870.77-0.96-0.36-0.84-0.76-0.930.95-0.330.96-0.77-0.950.640.39-0.91.0-0.99-1.0-1.0-0.72-0.940.97-0.88-0.89
-0.81-0.750.59-0.87-0.38-0.85-0.69-0.831.0-0.361.0-0.87-0.860.50.42-0.780.94-0.98-0.97-0.96-0.65-0.960.97-0.74-0.75
0.960.98-0.960.980.190.730.790.98-0.710.27-0.720.40.98-0.86-0.190.98-0.920.840.870.90.770.69-0.88-0.741.0
0.940.96-0.960.970.230.680.740.97-0.710.18-0.720.420.97-0.87-0.280.96-0.920.860.870.90.710.71-0.89-0.751.0
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BTC Digital Account Relationship Matchups

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