Hive Blockchain Stock Story

HIVE -  USA Stock  

USD 3.93  0.22  5.93%

The upcoming quarterly report is expected on the 29th of November 2021. The stock experiences an active upward rally. Hive Blockchain Enterprise Value is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value was at 193.93 Million. The current year Free Cash Flow is expected to grow to about 12.9 M, whereas Revenue Per Employee is forecasted to decline to about 272.7 K. While many traders are getting carried away by overanalyzing technology space, it is reasonable to digest Hive Blockchain Technologies as an investment alternative.
Published over a month ago
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You think Hive Blockchain (NASDAQ:HIVE) debt is an issue for shareholders?
This firm currently holds 24.93 M in liabilities with Debt to Equity (D/E) ratio of 231.9, indicating Hive Blockchain may have difficulties to generate enough cash to satisfy its financial obligations.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Hive Blockchain has an asset utilization ratio of 101.4 percent. This indicates that the company is making $1.01 for each dollar of assets. An increasing asset utilization means that Hive Blockchain Technologies is more efficient with each dollar of assets it utilizes for everyday operations.
Hive Blockchain financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Hive Blockchain, including all of Hive Blockchain's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Hive Blockchain assets, the company is considered highly leveraged. Understanding the composition and structure of overall Hive Blockchain debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.
Please read more on our technical analysis page.

Understanding Hive Blockchain Total Liabilities

Hive Blockchain Tech liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Hive Blockchain Tech has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Hive Blockchain balance sheet include debt obligations and money owed to different Hive Blockchain vendors, workers, and loan providers. Below is the chart of Hive Blockchain short long-term liabilities accounts currently reported on its balance sheet.
You can use Hive Blockchain Technologies financial leverage analysis tool to get a better grip on understanding its financial position

How important is Hive Blockchain's Liquidity

Hive Blockchain financial leverage refers to using borrowed capital as a funding source to finance Hive Blockchain Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Hive Blockchain financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Hive Blockchain's total debt and its cash.

Another angle On Hive Blockchain

The latest price surge of Hive Blockchain may raise some interest from shareholders. The stock closed today at a share price of 3.13 on very low momentum in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in November. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.08. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Hive Blockchain Technologies partners.

Asset Breakdown

Assets Non Current
107.6 M
Current Assets
Total Assets116.51 Million
Current Assets107.58 Million
Assets Non Current12.04 Million
Goodwill486,669

Will Hive Blockchain growth be real after the surge?

Latest expected short fall indicator falls down to -4.34. Possible price growth? Hive Blockchain Technologies exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Hive Blockchain Technologies individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Hive Blockchain future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hive Blockchain's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hive Blockchain's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Although some firms under the communication equipment industry are still a bit expensive, Hive Blockchain may offer a potential longer-term growth to shareholders. To summarize, as of the 17th of October 2021, we see that Hive Blockchain hyperactively responds to market trends. The firm is fairly valued with low probability of distress within the next 24 months. Our concluding 90 days buy vs. sell advice on the firm is Strong Hold.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Hive Blockchain Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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