CBLT Depreciation And Amortization vs Operating Income Analysis
CBLT Stock | CAD 0.02 0.01 20.00% |
CBLT financial indicator trend analysis is way more than just evaluating CBLT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBLT Inc is a good investment. Please check the relationship between CBLT Depreciation And Amortization and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CBLT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBLT Inc Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CBLT's Depreciation And Amortization and Operating Income is -0.03. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of CBLT Inc, assuming nothing else is changed. The correlation between historical values of CBLT's Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of CBLT Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., CBLT's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Operating Income
Operating Income is the amount of profit realized from CBLT Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CBLT Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from CBLT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBLT Inc 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 CBLT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, CBLT's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.5 M in 2024, whereas Tax Provision is likely to drop (3.2 K) in 2024.
CBLT fundamental ratios Correlations
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CBLT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CBLT fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.3K | 741.6K | 1.5M | 532.0K | 227.6K | 216.2K | |
Total Stockholder Equity | (607.4K) | 179.8K | 688.7K | (184.7K) | (59.3K) | (56.3K) | |
Net Debt | 36.1K | (198.3K) | (132.2K) | (241.8K) | (217.6K) | (206.7K) | |
Retained Earnings | (5.2M) | (4.7M) | (4.2M) | (5.0M) | (5.0M) | (4.7M) | |
Cash | 23.9K | 308.2K | 247.3K | 300.1K | 173.5K | 115.8K | |
Cash And Short Term Investments | 25.8K | 685.4K | 1.5M | 504.5K | 580.1K | 321.0K | |
Common Stock Shares Outstanding | 70.2M | 79.5M | 82.7M | 76.2M | 77.2M | 42.3M | |
Liabilities And Stockholders Equity | 70.3K | 741.6K | 1.5M | 532.0K | 611.8K | 662.3K | |
Total Current Assets | 70.3K | 741.6K | 1.5M | 532.0K | 227.6K | 345.8K | |
Total Current Liabilities | 677.7K | 561.8K | 814.2K | 716.7K | 286.9K | 375.8K | |
Other Stockholder Equity | 511.7K | 519.1K | 556.8K | 504.5K | 454.0K | 731.3K | |
Total Liab | 677.7K | 561.8K | 814.2K | 716.7K | 286.9K | 379.7K | |
Other Current Liab | 617.7K | 451.9K | 68.4K | 606.0K | 10.3K | 9.8K | |
Accounts Payable | 274.7K | 133.8K | 165.6K | 160.7K | 120.5K | 162.0K | |
Net Receivables | 34.7K | 43.1K | 15.6K | 6.9K | 7.9K | 7.5K | |
Net Tangible Assets | (607.4K) | 179.8K | 688.7K | (184.7K) | (166.2K) | (157.9K) | |
Short Term Investments | 1.8K | 377.1K | 1.2M | 204.4K | 28.7K | 27.2K | |
Other Current Assets | 9.8K | 13.2K | 11.8K | 20.7K | 18.6K | 13.8K | |
Net Invested Capital | (547.4K) | 289.7K | 803.8K | (126.4K) | (59.3K) | (56.3K) | |
Net Working Capital | (607.4K) | 179.8K | 688.7K | (184.7K) | (59.3K) | (56.3K) |
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When running CBLT's price analysis, check to measure CBLT'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 CBLT is operating at the current time. Most of CBLT's value examination focuses on studying past and present price action to predict the probability of CBLT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBLT's price. Additionally, you may evaluate how the addition of CBLT to your portfolios can decrease your overall portfolio volatility.