CBLT Property Plant Equipment vs Non Current Assets Total Analysis

CBLT Stock

CAD 0.03 0.01 25.00%

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 Property Plant Equipment and its Non Current Assets Total 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.

Property Plant Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBLT Inc Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CBLT's Property Plant Equipment and Non Current Assets Total is -0.43. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total 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 Property Plant Equipment and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of CBLT Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., CBLT's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Property Plant Equipment

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Current Assets	Common Stock	Total Current Liabilities	Other Stockholder Equity	Total Liab	Other Current Liab	Accounts Payable	Net Receivables	Net Tangible Assets	Short Term Investments	Short Long Term Debt	Short Term Debt	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Long Term Debt	Other Current Assets	Net Invested Capital	Net Working Capital
Total Assets		0.88	0.0	0.12	0.25	0.56	0.12	0.64	0.14	0.16	0.05	0.17	-0.09	-0.08	-0.16	0.84	0.69	0.12	0.12	0.14	0.1	0.47	0.37	0.21	0.67	0.76
Total Stockholder Equity	0.88		0.04	0.48	0.04	0.27	-0.29	0.33	-0.22	-0.31	0.21	-0.31	-0.39	-0.18	-0.19	0.96	0.39	-0.23	-0.23	-0.12	-0.24	0.11	0.28	0.23	0.88	0.65
Net Debt	0.0	0.04		0.28	-0.86	-0.45	-0.34	-0.37	-0.34	-0.12	0.23	-0.12	0.0	0.73	-0.21	0.15	-0.11	-0.43	-0.43	-0.32	-0.45	-0.24	0.46	0.0	0.22	-0.3
Retained Earnings	0.12	0.48	0.28		-0.35	-0.45	-0.91	-0.39	-0.94	-0.79	0.49	-0.79	-0.59	-0.08	0.04	0.54	-0.29	-0.69	-0.69	-0.76	-0.68	-0.53	0.36	0.0	0.77	-0.04
Cash	0.25	0.04	-0.86	-0.35		0.66	0.55	0.64	0.46	0.43	-0.34	0.43	0.26	-0.63	0.39	-0.04	0.41	0.66	0.66	0.41	0.65	0.47	-0.06	0.0	-0.15	0.45
Cash And Short Term Investments	0.56	0.27	-0.45	-0.45	0.66		0.69	0.97	0.61	0.58	-0.39	0.58	0.09	-0.4	0.05	0.25	0.91	0.79	0.79	0.53	0.78	0.9	-0.04	-0.14	0.03	0.85
Common Stock Shares Outstanding	0.12	-0.29	-0.34	-0.91	0.55	0.69		0.62	0.95	0.84	-0.54	0.84	0.57	-0.08	0.08	-0.33	0.53	0.81	0.81	0.8	0.79	0.69	-0.12	-0.04	-0.57	0.29
Total Current Assets	0.64	0.33	-0.37	-0.39	0.64	0.97	0.62		0.53	0.63	-0.35	0.63	0.16	-0.34	0.1	0.31	0.95	0.77	0.77	0.45	0.76	0.89	0.06	-0.14	0.09	0.85
Common Stock	0.14	-0.22	-0.34	-0.94	0.46	0.61	0.95	0.53		0.75	-0.47	0.75	0.53	-0.04	-0.06	-0.31	0.44	0.7	0.7	0.84	0.67	0.6	-0.24	0.03	-0.58	0.24
Total Current Liabilities	0.16	-0.31	-0.12	-0.79	0.43	0.58	0.84	0.63	0.75		-0.33	1.0	0.62	0.21	0.04	-0.33	0.58	0.75	0.75	0.55	0.73	0.73	0.07	-0.06	-0.52	0.2
Other Stockholder Equity	0.05	0.21	0.23	0.49	-0.34	-0.39	-0.54	-0.35	-0.47	-0.33		-0.34	-0.48	0.37	-0.29	0.15	-0.28	-0.42	-0.42	-0.65	-0.41	-0.42	0.15	-0.08	0.36	-0.19
Total Liab	0.17	-0.31	-0.12	-0.79	0.43	0.58	0.84	0.63	0.75	1.0	-0.34		0.61	0.21	0.04	-0.34	0.57	0.74	0.74	0.54	0.73	0.72	0.07	-0.06	-0.52	0.19
Other Current Liab	-0.09	-0.39	0.0	-0.59	0.26	0.09	0.57	0.16	0.53	0.62	-0.48	0.61		0.01	0.35	-0.37	0.11	0.33	0.33	0.61	0.29	0.18	0.28	0.11	-0.58	-0.23
Accounts Payable	-0.08	-0.18	0.73	-0.08	-0.63	-0.4	-0.08	-0.34	-0.04	0.21	0.37	0.21	0.01		-0.5	-0.15	-0.18	-0.23	-0.23	-0.25	-0.24	-0.16	0.21	0.13	-0.06	-0.38
Net Receivables	-0.16	-0.19	-0.21	0.04	0.39	0.05	0.08	0.1	-0.06	0.04	-0.29	0.04	0.35	-0.5		-0.19	0.0	0.34	0.34	0.12	0.34	0.04	0.19	-0.14	-0.19	-0.09
Net Tangible Assets	0.84	0.96	0.15	0.54	-0.04	0.25	-0.33	0.31	-0.31	-0.33	0.15	-0.34	-0.37	-0.15	-0.19		0.41	-0.25	-0.25	-0.15	-0.27	0.1	0.35	0.23	0.93	0.65
Short Term Investments	0.69	0.39	-0.11	-0.29	0.41	0.91	0.53	0.95	0.44	0.58	-0.28	0.57	0.11	-0.18	0.0	0.41		0.66	0.66	0.37	0.64	0.87	0.21	-0.18	0.2	0.86
Short Long Term Debt	0.12	-0.23	-0.43	-0.69	0.66	0.79	0.81	0.77	0.7	0.75	-0.42	0.74	0.33	-0.23	0.34	-0.25	0.66		1.0	0.56	1.0	0.77	-0.15	-0.2	-0.41	0.49
Short Term Debt	0.12	-0.23	-0.43	-0.69	0.66	0.79	0.81	0.77	0.7	0.75	-0.42	0.74	0.33	-0.23	0.34	-0.25	0.66	1.0		0.56	1.0	0.77	-0.15	-0.2	-0.41	0.49
Property Plant Equipment	0.14	-0.12	-0.32	-0.76	0.41	0.53	0.8	0.45	0.84	0.55	-0.65	0.54	0.61	-0.25	0.12	-0.15	0.37	0.56	0.56		0.53	0.58	-0.18	0.3	-0.48	0.23
Short Long Term Debt Total	0.1	-0.24	-0.45	-0.68	0.65	0.78	0.79	0.76	0.67	0.73	-0.41	0.73	0.29	-0.24	0.34	-0.27	0.64	1.0	1.0	0.53		0.76	-0.2	-0.22	-0.42	0.48
Current Deferred Revenue	0.47	0.11	-0.24	-0.53	0.47	0.9	0.69	0.89	0.6	0.73	-0.42	0.72	0.18	-0.16	0.04	0.1	0.87	0.77	0.77	0.58	0.76		-0.07	0.0	-0.12	0.67
Long Term Debt	0.37	0.28	0.46	0.36	-0.06	-0.04	-0.12	0.06	-0.24	0.07	0.15	0.07	0.28	0.21	0.19	0.35	0.21	-0.15	-0.15	-0.18	-0.2	-0.07		0.02	0.39	0.03
Other Current Assets	0.21	0.23	0.0	0.0	0.0	-0.14	-0.04	-0.14	0.03	-0.06	-0.08	-0.06	0.11	0.13	-0.14	0.23	-0.18	-0.2	-0.2	0.3	-0.22	0.0	0.02		0.11	-0.12
Net Invested Capital	0.67	0.88	0.22	0.77	-0.15	0.03	-0.57	0.09	-0.58	-0.52	0.36	-0.52	-0.58	-0.06	-0.19	0.93	0.2	-0.41	-0.41	-0.48	-0.42	-0.12	0.39	0.11		0.49
Net Working Capital	0.76	0.65	-0.3	-0.04	0.45	0.85	0.29	0.85	0.24	0.2	-0.19	0.19	-0.23	-0.38	-0.09	0.65	0.86	0.49	0.49	0.23	0.48	0.67	0.03	-0.12	0.49

Click cells to compare fundamentals

CBLT Account Relationship Matchups

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)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC