Cabio Total Operating Expenses vs Selling General Administrative Analysis

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 Total Operating Expenses and its Selling General Administrative 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.

Total Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cabio Biotech Wuhan Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cabio Biotech's Total Operating Expenses and Selling General Administrative is 0.9. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative 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 Total Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Cabio Biotech Wuhan are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Cabio Biotech's Total Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Selling General Administrative

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 Profit182.7M188.2M216.4M169.2M
Total Revenue433.4M443.8M510.4M353.1M

Cabio Biotech fundamental ratios Correlations

0.591.00.980.810.730.750.710.96-0.760.160.820.58-0.570.890.290.50.891.00.840.89-0.80.830.780.71-0.89
0.590.540.540.840.070.690.230.63-0.550.490.671.00.180.280.750.520.560.560.180.56-0.830.650.790.3-0.6
1.00.540.980.780.760.730.720.96-0.750.120.80.53-0.610.910.240.480.881.00.860.88-0.770.810.750.72-0.89
0.980.540.980.790.690.760.790.95-0.810.130.820.53-0.650.860.270.460.880.980.80.88-0.80.840.770.78-0.91
0.810.840.780.790.380.910.450.83-0.840.310.930.83-0.260.580.580.470.750.80.50.76-0.930.850.860.54-0.83
0.730.070.760.690.380.250.570.59-0.38-0.480.370.06-0.660.96-0.410.590.420.750.980.42-0.220.350.140.58-0.61
0.750.690.730.760.910.250.50.8-0.810.520.990.68-0.250.480.630.110.840.760.420.86-0.930.930.90.58-0.8
0.710.230.720.790.450.570.50.6-0.440.020.510.22-0.530.66-0.070.360.570.720.650.57-0.550.630.440.98-0.77
0.960.630.960.950.830.590.80.6-0.850.280.860.62-0.540.790.440.360.940.960.720.94-0.850.840.860.59-0.8
-0.76-0.55-0.75-0.81-0.84-0.38-0.81-0.44-0.85-0.16-0.85-0.530.6-0.58-0.47-0.25-0.76-0.75-0.5-0.770.8-0.77-0.78-0.460.69
0.160.490.120.130.31-0.480.520.020.28-0.160.430.50.38-0.260.85-0.410.530.14-0.310.52-0.540.510.670.0-0.16
0.820.670.80.820.930.370.990.510.86-0.850.430.66-0.340.580.570.180.870.830.530.89-0.920.930.890.58-0.83
0.581.00.530.530.830.060.680.220.62-0.530.50.660.20.270.750.520.550.550.170.55-0.830.650.790.29-0.6
-0.570.18-0.61-0.65-0.26-0.66-0.25-0.53-0.540.60.38-0.340.2-0.670.24-0.17-0.45-0.57-0.67-0.450.21-0.34-0.21-0.460.44
0.890.280.910.860.580.960.480.660.79-0.58-0.260.580.27-0.67-0.160.590.640.90.990.65-0.470.570.410.67-0.77
0.290.750.240.270.58-0.410.63-0.070.44-0.470.850.570.750.24-0.16-0.120.560.25-0.260.56-0.70.570.81-0.05-0.28
0.50.520.480.460.470.590.110.360.36-0.25-0.410.180.52-0.170.59-0.120.10.480.530.09-0.30.190.140.42-0.51
0.890.560.880.880.750.420.840.570.94-0.760.530.870.55-0.450.640.560.10.890.581.0-0.840.90.910.55-0.77
1.00.561.00.980.80.750.760.720.96-0.750.140.830.55-0.570.90.250.480.890.860.89-0.780.830.760.72-0.9
0.840.180.860.80.50.980.420.650.72-0.5-0.310.530.17-0.670.99-0.260.530.580.860.59-0.380.510.320.66-0.72
0.890.560.880.880.760.420.860.570.94-0.770.520.890.55-0.450.650.560.091.00.890.59-0.840.910.910.55-0.78
-0.8-0.83-0.77-0.8-0.93-0.22-0.93-0.55-0.850.8-0.54-0.92-0.830.21-0.47-0.7-0.3-0.84-0.78-0.38-0.84-0.89-0.95-0.60.79
0.830.650.810.840.850.350.930.630.84-0.770.510.930.65-0.340.570.570.190.90.830.510.91-0.890.880.67-0.83
0.780.790.750.770.860.140.90.440.86-0.780.670.890.79-0.210.410.810.140.910.760.320.91-0.950.880.45-0.72
0.710.30.720.780.540.580.580.980.59-0.460.00.580.29-0.460.67-0.050.420.550.720.660.55-0.60.670.45-0.82
-0.89-0.6-0.89-0.91-0.83-0.61-0.8-0.77-0.80.69-0.16-0.83-0.60.44-0.77-0.28-0.51-0.77-0.9-0.72-0.780.79-0.83-0.72-0.82
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Cabio Biotech Account Relationship Matchups

Cabio Biotech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.6B1.6B1.9B1.2B
Total Current Liabilities52.3M60.0M180.4M112.4M129.3M82.2M
Total Stockholder Equity1.3B1.4B1.4B1.5B1.7B1.1B
Retained Earnings327.9M416.9M375.4M421.3M484.5M291.8M
Accounts Payable24.5M31.4M107.3M70.9M81.5M85.6M
Cash847.3M664.5M494.3M239.7M275.6M458.3M
Non Current Assets Total259.7M453.6M703.5M902.7M1.0B1.1B
Non Currrent Assets Other23.6M74.9M17.5M28.2M32.4M22.2M
Net Receivables128.5M151.1M189.0M214.8M247.0M149.9M
Non Current Liabilities Total7.0M6.7M5.3M5.2M4.7M5.1M
Inventory65.5M74.9M81.5M112.6M129.5M87.9M
Other Current Assets20.9M24.7M41.8M51.3M59.0M61.9M
Total Liab59.3M66.7M185.8M117.6M135.2M89.2M
Total Current Assets1.1B994.9M907.4M708.8M815.1M790.9M
Intangible Assets14.5M13.2M36.3M41.1M47.2M26.8M
Other Current Liab10.3M9.6M22.6M270.6K311.2K295.6K
Net Invested Capital1.3B1.4B1.5B1.5B1.7B1.2B
Net Working Capital1.1B934.9M726.9M596.4M685.8M779.8M
Property Plant And Equipment Net149.5M241.9M486.0M643.3M739.8M370.6M
Property Plant And Equipment Gross406.0M513.7M486.0M970.2M1.1B610.7M

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.