Blockmate Property Plant And Equipment Gross vs Total Assets Analysis

MATE Stock   0.11  0.01  8.33%   
Blockmate Ventures financial indicator trend analysis is way more than just evaluating Blockmate Ventures prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blockmate Ventures is a good investment. Please check the relationship between Blockmate Ventures Property Plant And Equipment Gross and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blockmate Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blockmate Ventures Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blockmate Ventures' Property Plant And Equipment Gross and Total Assets is -0.07. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of Blockmate Ventures, assuming nothing else is changed. The correlation between historical values of Blockmate Ventures' Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Blockmate Ventures are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Blockmate Ventures' Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of Blockmate Ventures assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Blockmate Ventures books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Blockmate Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blockmate Ventures 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blockmate Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Issuance Of Capital Stock is likely to climb to about 2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income3.8K1.8K1.7K1.9K
Net Interest Income3.8K1.8K1.7K1.9K

Blockmate Ventures fundamental ratios Correlations

-0.30.880.18-0.30.97-0.090.66-0.09-0.320.90.93-0.080.91-0.12-0.320.910.040.46-0.07-0.1-0.250.130.13
-0.3-0.7-0.850.99-0.44-0.630.350.821.0-0.670.030.81-0.62-0.580.98-0.64-0.610.33-0.460.850.74-0.8-0.8
0.88-0.70.54-0.70.940.210.33-0.45-0.721.00.68-0.420.990.16-0.710.990.340.210.2-0.46-0.530.460.46
0.18-0.850.54-0.890.240.86-0.59-0.89-0.820.51-0.17-0.920.430.82-0.740.440.19-0.670.03-0.93-0.910.60.6
-0.30.99-0.7-0.89-0.43-0.640.390.830.98-0.670.030.85-0.62-0.590.94-0.63-0.50.41-0.340.880.79-0.8-0.8
0.97-0.440.940.24-0.43-0.090.62-0.14-0.480.950.88-0.120.97-0.13-0.480.970.230.470.11-0.15-0.260.280.28
-0.09-0.630.210.86-0.64-0.09-0.74-0.82-0.560.18-0.43-0.840.071.0-0.520.080.08-0.78-0.04-0.82-0.760.490.49
0.660.350.33-0.590.390.62-0.740.630.30.370.860.680.45-0.740.230.430.010.920.050.660.54-0.3-0.3
-0.090.82-0.45-0.890.83-0.14-0.820.630.78-0.420.220.98-0.34-0.780.74-0.35-0.320.57-0.180.970.93-0.46-0.46
-0.321.0-0.72-0.820.98-0.48-0.560.30.78-0.7-0.010.77-0.66-0.510.99-0.67-0.630.27-0.490.810.7-0.8-0.8
0.9-0.671.00.51-0.670.950.180.37-0.42-0.70.71-0.40.990.13-0.690.990.320.230.18-0.43-0.50.440.44
0.930.030.68-0.170.030.88-0.430.860.22-0.010.710.260.76-0.45-0.020.75-0.070.69-0.120.240.04-0.18-0.18
-0.080.81-0.42-0.920.85-0.12-0.840.680.980.77-0.40.26-0.31-0.810.7-0.33-0.20.68-0.051.00.96-0.54-0.54
0.91-0.620.990.43-0.620.970.070.45-0.34-0.660.990.76-0.310.02-0.651.00.340.320.2-0.35-0.430.40.4
-0.12-0.580.160.82-0.59-0.131.0-0.74-0.78-0.510.13-0.45-0.810.02-0.460.030.04-0.78-0.06-0.78-0.720.460.46
-0.320.98-0.71-0.740.94-0.48-0.520.230.740.99-0.69-0.020.7-0.65-0.46-0.67-0.750.16-0.620.740.61-0.78-0.78
0.91-0.640.990.44-0.630.970.080.43-0.35-0.670.990.75-0.331.00.03-0.670.350.310.21-0.36-0.440.410.41
0.04-0.610.340.19-0.50.230.080.01-0.32-0.630.32-0.07-0.20.340.04-0.750.350.280.98-0.23-0.030.470.47
0.460.330.21-0.670.410.47-0.780.920.570.270.230.690.680.32-0.780.160.310.280.350.660.61-0.35-0.35
-0.07-0.460.20.03-0.340.11-0.040.05-0.18-0.490.18-0.12-0.050.2-0.06-0.620.210.980.35-0.080.130.370.37
-0.10.85-0.46-0.930.88-0.15-0.820.660.970.81-0.430.241.0-0.35-0.780.74-0.36-0.230.66-0.080.95-0.59-0.59
-0.250.74-0.53-0.910.79-0.26-0.760.540.930.7-0.50.040.96-0.43-0.720.61-0.44-0.030.610.130.95-0.39-0.39
0.13-0.80.460.6-0.80.280.49-0.3-0.46-0.80.44-0.18-0.540.40.46-0.780.410.47-0.350.37-0.59-0.391.0
0.13-0.80.460.6-0.80.280.49-0.3-0.46-0.80.44-0.18-0.540.40.46-0.780.410.47-0.350.37-0.59-0.391.0
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Blockmate Ventures Account Relationship Matchups

Blockmate Ventures fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets814.3K3.1M794.2K961.2K865.1K1.1M
Total Current Liabilities283.7K156.1K385.2K1.3M1.5M1.5M
Total Stockholder Equity530.7K2.9M409.0K(320.2K)(288.1K)(273.7K)
Retained Earnings(14.3M)(15.1M)(19.8M)(22.6M)(20.3M)(21.3M)
Accounts Payable150.7K156.1K378.9K707.7K813.8K854.5K
Cash710.5K3.0M740.4K499.9K449.9K427.4K
Common Stock Shares Outstanding39.0M53.5M63.5M108.0M124.2M63.8M
Total Liab283.7K156.1K385.2K1.3M1.5M1.5M
Net Invested Capital530.7K2.9M409.0K(222.5K)(200.3K)(190.3K)
Total Current Assets772.6K3.0M771.4K961.2K1.1M1.4M
Capital Stock13.6M15.9M18.1M19.4M22.3M17.6M
Net Working Capital488.9K2.9M386.2K(320.2K)(288.1K)(273.7K)

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Additional Tools for Blockmate Stock Analysis

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