CBLT Ebitda vs Other Operating Expenses 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 Ebitda and its Other Operating Expenses 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.

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBLT Inc Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CBLT's Ebitda and Other Operating Expenses is -0.21. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses 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 Ebitda and Other Operating Expenses 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 CBLT Inc are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., CBLT's Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CBLT Inc. It is also known as CBLT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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

0.880.00.120.250.560.120.640.140.160.050.17-0.09-0.08-0.160.840.690.120.120.140.10.470.370.210.670.76
0.880.040.480.040.27-0.290.33-0.22-0.310.21-0.31-0.39-0.18-0.190.960.39-0.23-0.23-0.12-0.240.110.280.230.880.65
0.00.040.28-0.86-0.45-0.34-0.37-0.34-0.120.23-0.120.00.73-0.210.15-0.11-0.43-0.43-0.32-0.45-0.240.460.00.22-0.3
0.120.480.28-0.35-0.45-0.91-0.39-0.94-0.790.49-0.79-0.59-0.080.040.54-0.29-0.69-0.69-0.76-0.68-0.530.360.00.77-0.04
0.250.04-0.86-0.350.660.550.640.460.43-0.340.430.26-0.630.39-0.040.410.660.660.410.650.47-0.060.0-0.150.45
0.560.27-0.45-0.450.660.690.970.610.58-0.390.580.09-0.40.050.250.910.790.790.530.780.9-0.04-0.140.030.85
0.12-0.29-0.34-0.910.550.690.620.950.84-0.540.840.57-0.080.08-0.330.530.810.810.80.790.69-0.12-0.04-0.570.29
0.640.33-0.37-0.390.640.970.620.530.63-0.350.630.16-0.340.10.310.950.770.770.450.760.890.06-0.140.090.85
0.14-0.22-0.34-0.940.460.610.950.530.75-0.470.750.53-0.04-0.06-0.310.440.70.70.840.670.6-0.240.03-0.580.24
0.16-0.31-0.12-0.790.430.580.840.630.75-0.331.00.620.210.04-0.330.580.750.750.550.730.730.07-0.06-0.520.2
0.050.210.230.49-0.34-0.39-0.54-0.35-0.47-0.33-0.34-0.480.37-0.290.15-0.28-0.42-0.42-0.65-0.41-0.420.15-0.080.36-0.19
0.17-0.31-0.12-0.790.430.580.840.630.751.0-0.340.610.210.04-0.340.570.740.740.540.730.720.07-0.06-0.520.19
-0.09-0.390.0-0.590.260.090.570.160.530.62-0.480.610.010.35-0.370.110.330.330.610.290.180.280.11-0.58-0.23
-0.08-0.180.73-0.08-0.63-0.4-0.08-0.34-0.040.210.370.210.01-0.5-0.15-0.18-0.23-0.23-0.25-0.24-0.160.210.13-0.06-0.38
-0.16-0.19-0.210.040.390.050.080.1-0.060.04-0.290.040.35-0.5-0.190.00.340.340.120.340.040.19-0.14-0.19-0.09
0.840.960.150.54-0.040.25-0.330.31-0.31-0.330.15-0.34-0.37-0.15-0.190.41-0.25-0.25-0.15-0.270.10.350.230.930.65
0.690.39-0.11-0.290.410.910.530.950.440.58-0.280.570.11-0.180.00.410.660.660.370.640.870.21-0.180.20.86
0.12-0.23-0.43-0.690.660.790.810.770.70.75-0.420.740.33-0.230.34-0.250.661.00.561.00.77-0.15-0.2-0.410.49
0.12-0.23-0.43-0.690.660.790.810.770.70.75-0.420.740.33-0.230.34-0.250.661.00.561.00.77-0.15-0.2-0.410.49
0.14-0.12-0.32-0.760.410.530.80.450.840.55-0.650.540.61-0.250.12-0.150.370.560.560.530.58-0.180.3-0.480.23
0.1-0.24-0.45-0.680.650.780.790.760.670.73-0.410.730.29-0.240.34-0.270.641.01.00.530.76-0.2-0.22-0.420.48
0.470.11-0.24-0.530.470.90.690.890.60.73-0.420.720.18-0.160.040.10.870.770.770.580.76-0.070.0-0.120.67
0.370.280.460.36-0.06-0.04-0.120.06-0.240.070.150.070.280.210.190.350.21-0.15-0.15-0.18-0.2-0.070.020.390.03
0.210.230.00.00.0-0.14-0.04-0.140.03-0.06-0.08-0.060.110.13-0.140.23-0.18-0.2-0.20.3-0.220.00.020.11-0.12
0.670.880.220.77-0.150.03-0.570.09-0.58-0.520.36-0.52-0.58-0.06-0.190.930.2-0.41-0.41-0.48-0.42-0.120.390.110.49
0.760.65-0.3-0.040.450.850.290.850.240.2-0.190.19-0.23-0.38-0.090.650.860.490.490.230.480.670.03-0.120.49
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CBLT Account Relationship Matchups

CBLT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.3K741.6K1.5M532.0K227.6K216.2K
Total Stockholder Equity(607.4K)179.8K688.7K(184.7K)(59.3K)(56.3K)
Net Debt36.1K(198.3K)(132.2K)(241.8K)(217.6K)(206.7K)
Retained Earnings(5.2M)(4.7M)(4.2M)(5.0M)(5.0M)(4.7M)
Cash23.9K308.2K247.3K300.1K173.5K115.8K
Cash And Short Term Investments25.8K685.4K1.5M504.5K580.1K321.0K
Common Stock Shares Outstanding70.2M79.5M82.7M76.2M77.2M42.3M
Liabilities And Stockholders Equity70.3K741.6K1.5M532.0K611.8K662.3K
Total Current Assets70.3K741.6K1.5M532.0K227.6K345.8K
Total Current Liabilities677.7K561.8K814.2K716.7K286.9K375.8K
Other Stockholder Equity511.7K519.1K556.8K504.5K454.0K731.3K
Total Liab677.7K561.8K814.2K716.7K286.9K379.7K
Other Current Liab617.7K451.9K68.4K606.0K10.3K9.8K
Accounts Payable274.7K133.8K165.6K160.7K120.5K162.0K
Net Receivables34.7K43.1K15.6K6.9K7.9K7.5K
Net Tangible Assets(607.4K)179.8K688.7K(184.7K)(166.2K)(157.9K)
Short Term Investments1.8K377.1K1.2M204.4K28.7K27.2K
Other Current Assets9.8K13.2K11.8K20.7K18.6K13.8K
Net Invested Capital(547.4K)289.7K803.8K(126.4K)(59.3K)(56.3K)
Net Working Capital(607.4K)179.8K688.7K(184.7K)(59.3K)(56.3K)

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Additional Tools for CBLT Stock Analysis

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.