688089 Stock | | | 18.28 0.19 1.05% |
Cabio Biotech financial indicator trend analysis is way more than just evaluating Cabio Biotech Wuhan prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cabio Biotech Wuhan is a good investment. Please check the relationship between Cabio Biotech Ebitda and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cabio Biotech Wuhan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Ebitda vs Total Revenue
Ebitda vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cabio Biotech Wuhan Ebitda account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Cabio Biotech's Ebitda and Total Revenue is 0.31. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Cabio Biotech Wuhan, assuming nothing else is changed. The correlation between historical values of Cabio Biotech's Ebitda 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 Ebitda of Cabio Biotech Wuhan 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 Ebitda i.e., Cabio Biotech's Ebitda and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebitda
Total Revenue
Total revenue comprises all receipts Cabio Biotech Wuhan 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 Cabio Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cabio Biotech Wuhan 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 Cabio Biotech Wuhan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 17.8
M, whereas
Selling General Administrative is forecasted to decline to about 35.2
M.
| 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 182.7M | 188.2M | 216.4M | 169.2M | Total Revenue | 433.4M | 443.8M | 510.4M | 353.1M |
Cabio Biotech fundamental ratios Correlations
Click cells to compare fundamentals
Cabio Biotech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cabio Biotech fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Cabio Stock
Balance Sheet is a snapshot of the
financial position of Cabio Biotech Wuhan at a specified time, usually calculated after every quarter, six months, or one year. Cabio Biotech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cabio Biotech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cabio currently owns. An asset can also be divided into two categories, current and non-current.