CBLT Total Operating Expenses vs Total Other Income Expense Net 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 Total Operating Expenses and its Total Other Income Expense Net 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.

Total Operating Expenses vs Total Other Income Expense Net

Total Operating Expenses vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBLT Inc Total Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CBLT's Total Operating Expenses and Total Other Income Expense Net is -0.08. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Other Income Expense Net 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 Total Operating Expenses and Total Other Income Expense Net 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 CBLT Inc are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Operating Expenses i.e., CBLT's Total Operating Expenses and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Other Income Expense Net

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.