Bitcoin Capital Lease Obligations vs Total Current Liabilities Analysis
BTMWW Stock | 0.09 0.01 7.61% |
Bitcoin Depot financial indicator trend analysis is way more than just evaluating Bitcoin Depot prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bitcoin Depot is a good investment. Please check the relationship between Bitcoin Depot Capital Lease Obligations and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.
Capital Lease Obligations vs Total Current Liabilities
Capital Lease Obligations vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitcoin Depot Capital Lease Obligations account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bitcoin Depot's Capital Lease Obligations and Total Current Liabilities is 0.72. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Bitcoin Depot, assuming nothing else is changed. The correlation between historical values of Bitcoin Depot's Capital Lease Obligations 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 Capital Lease Obligations of Bitcoin Depot 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 Capital Lease Obligations i.e., Bitcoin Depot's Capital Lease Obligations and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Lease Obligations
Bitcoin Depot capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Bitcoin Depot asset purchases. For example, Bitcoin Depot can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Bitcoin Depot control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Current Liabilities
Total Current Liabilities is an item on Bitcoin Depot balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bitcoin Depot 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 Bitcoin Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitcoin Depot 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 Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Bitcoin Stock please use our How to Invest in Bitcoin Depot guide.Tax Provision is likely to climb to about 75 K in 2024, whereas Selling General Administrative is likely to drop slightly above 37.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.0M | 12.3M | 11.9M | 9.1M | Depreciation And Amortization | 13.0M | 18.9M | 12.9M | 12.9M |
Bitcoin Depot fundamental ratios Correlations
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Bitcoin Depot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Bitcoin Depot's price analysis, check to measure Bitcoin Depot'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 Bitcoin Depot is operating at the current time. Most of Bitcoin Depot's value examination focuses on studying past and present price action to predict the probability of Bitcoin Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitcoin Depot's price. Additionally, you may evaluate how the addition of Bitcoin Depot to your portfolios can decrease your overall portfolio volatility.