CBLT Net Income From Continuing Ops vs Selling General Administrative 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 Net Income From Continuing Ops and its Selling General Administrative 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.
Net Income From Continuing Ops vs Selling General Administrative
Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBLT Inc Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between CBLT's Net Income From Continuing Ops and Selling General Administrative is 0.22. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative 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 Net Income From Continuing Ops 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 Net Income From Continuing Ops of CBLT Inc 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 Net Income From Continuing Ops i.e., CBLT's Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income From Continuing Ops
Selling General Administrative
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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