Carebook Net Invested Capital vs Net Tangible Assets Analysis

CRBK Stock

CAD 0.1 0.01 5.00%

Carebook Technologies financial indicator trend analysis is way more than just evaluating Carebook Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carebook Technologies is a good investment. Please check the relationship between Carebook Technologies Net Invested Capital and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carebook Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carebook Technologies Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Carebook Technologies' Net Invested Capital and Net Tangible Assets is -0.41. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Carebook Technologies, assuming nothing else is changed. The correlation between historical values of Carebook Technologies' Net Invested Capital and Net Tangible Assets 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 Invested Capital of Carebook Technologies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Carebook Technologies' Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Carebook Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carebook Technologies 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 Carebook Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Issuance Of Capital Stock is likely to climb to about 4.1 M in 2025, whereas Selling General Administrative is likely to drop slightly above 4.3 M in 2025.

	2021	2022	2024	2025 (projected)
Research Development	8.0M	6.9M	8.0M	7.5M
Gross Profit	7.6M	10.2M	11.7M	7.2M

Research Development Gross Profit

Carebook Technologies fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Property Plant And Equipment Net	Capital Lease Obligations	Other Stockholder Equity	Property Plant And Equipment Gross	Net Debt	Long Term Debt
Other Current Liab		0.93	0.67	-0.7	-0.71	0.64	-0.24	0.88	0.74	0.8	0.65	0.99	-0.05	0.99	0.98	0.54	0.89	0.86	0.78	-0.93	-0.34	-0.22	-0.24	-0.17	0.4	0.42
Total Current Liabilities	0.93		0.59	-0.86	-0.72	0.77	-0.24	0.86	0.52	0.77	0.67	0.96	-0.17	0.93	0.89	0.58	0.92	0.76	0.82	-0.97	-0.35	-0.24	-0.24	-0.13	0.45	0.46
Other Liab	0.67	0.59		-0.53	-0.79	0.51	-0.23	0.78	0.78	0.8	0.52	0.6	-0.45	0.7	0.64	0.72	0.76	0.33	0.77	-0.69	-0.55	-0.52	-0.23	-0.39	0.57	0.66
Net Tangible Assets	-0.7	-0.86	-0.53		0.81	-0.72	0.31	-0.83	-0.27	-0.77	-0.7	-0.74	0.53	-0.72	-0.6	-0.78	-0.89	-0.41	-0.88	0.86	0.64	0.57	0.31	0.45	-0.61	-0.72
Retained Earnings	-0.71	-0.72	-0.79	0.81		-0.77	0.46	-0.92	-0.68	-0.97	-0.78	-0.68	0.74	-0.76	-0.64	-0.91	-0.92	-0.25	-0.96	0.84	0.83	0.76	0.46	0.64	-0.77	-0.88
Accounts Payable	0.64	0.77	0.51	-0.72	-0.77		-0.22	0.76	0.49	0.76	0.71	0.65	-0.53	0.68	0.61	0.65	0.82	0.31	0.79	-0.84	-0.4	-0.35	-0.22	-0.12	0.54	0.57
Other Assets	-0.24	-0.24	-0.23	0.31	0.46	-0.22		-0.3	-0.27	-0.55	-0.49	-0.26	0.43	-0.32	-0.26	-0.36	-0.33	0.03	-0.35	0.26	0.61	0.56	1.0	0.63	-0.75	-0.43
Net Receivables	0.88	0.86	0.78	-0.83	-0.92	0.76	-0.3		0.72	0.93	0.85	0.85	-0.48	0.9	0.8	0.87	0.99	0.53	0.97	-0.92	-0.67	-0.61	-0.3	-0.48	0.68	0.79
Total Current Assets	0.74	0.52	0.78	-0.27	-0.68	0.49	-0.27	0.72		0.77	0.51	0.66	-0.2	0.77	0.78	0.49	0.66	0.49	0.62	-0.65	-0.39	-0.31	-0.27	-0.27	0.41	0.43
Common Stock	0.8	0.77	0.8	-0.77	-0.97	0.76	-0.55	0.93	0.77		0.81	0.77	-0.61	0.85	0.76	0.85	0.94	0.38	0.94	-0.87	-0.77	-0.69	-0.55	-0.6	0.79	0.81
Property Plant Equipment	0.65	0.67	0.52	-0.7	-0.78	0.71	-0.49	0.85	0.51	0.81		0.61	-0.56	0.68	0.54	0.86	0.83	0.27	0.87	-0.7	-0.72	-0.72	-0.49	-0.59	0.86	0.82
Total Assets	0.99	0.96	0.6	-0.74	-0.68	0.65	-0.26	0.85	0.66	0.77	0.61		-0.03	0.98	0.97	0.5	0.87	0.87	0.75	-0.94	-0.3	-0.18	-0.26	-0.13	0.37	0.37
Total Stockholder Equity	-0.05	-0.17	-0.45	0.53	0.74	-0.53	0.43	-0.48	-0.2	-0.61	-0.56	-0.03		-0.14	0.04	-0.8	-0.48	0.46	-0.64	0.32	0.84	0.87	0.43	0.73	-0.76	-0.86
Cash	0.99	0.93	0.7	-0.72	-0.76	0.68	-0.32	0.9	0.77	0.85	0.68	0.98	-0.14		0.98	0.59	0.91	0.8	0.81	-0.95	-0.41	-0.29	-0.32	-0.23	0.47	0.48
Non Current Assets Total	0.98	0.89	0.64	-0.6	-0.64	0.61	-0.26	0.8	0.78	0.76	0.54	0.97	0.04	0.98		0.42	0.81	0.88	0.68	-0.89	-0.25	-0.11	-0.26	-0.08	0.32	0.3
Common Stock Shares Outstanding	0.54	0.58	0.72	-0.78	-0.91	0.65	-0.36	0.87	0.49	0.85	0.86	0.5	-0.8	0.59	0.42		0.84	0.07	0.94	-0.68	-0.89	-0.89	-0.36	-0.74	0.84	0.98
Total Liab	0.89	0.92	0.76	-0.89	-0.92	0.82	-0.33	0.99	0.66	0.94	0.83	0.87	-0.48	0.91	0.81	0.84		0.55	0.98	-0.96	-0.65	-0.57	-0.33	-0.43	0.67	0.76
Net Invested Capital	0.86	0.76	0.33	-0.41	-0.25	0.31	0.03	0.53	0.49	0.38	0.27	0.87	0.46	0.8	0.88	0.07	0.55		0.37	-0.68	0.13	0.25	0.03	0.23	-0.06	-0.07
Capital Stock	0.78	0.82	0.77	-0.88	-0.96	0.79	-0.35	0.97	0.62	0.94	0.87	0.75	-0.64	0.81	0.68	0.94	0.98	0.37		-0.89	-0.76	-0.71	-0.35	-0.56	0.76	0.88
Net Working Capital	-0.93	-0.97	-0.69	0.86	0.84	-0.84	0.26	-0.92	-0.65	-0.87	-0.7	-0.94	0.32	-0.95	-0.89	-0.68	-0.96	-0.68	-0.89		0.46	0.35	0.26	0.22	-0.5	-0.57
Property Plant And Equipment Net	-0.34	-0.35	-0.55	0.64	0.83	-0.4	0.61	-0.67	-0.39	-0.77	-0.72	-0.3	0.84	-0.41	-0.25	-0.89	-0.65	0.13	-0.76	0.46		0.98	0.61	0.95	-0.86	-0.94
Capital Lease Obligations	-0.22	-0.24	-0.52	0.57	0.76	-0.35	0.56	-0.61	-0.31	-0.69	-0.72	-0.18	0.87	-0.29	-0.11	-0.89	-0.57	0.25	-0.71	0.35	0.98		0.56	0.95	-0.87	-0.95
Other Stockholder Equity	-0.24	-0.24	-0.23	0.31	0.46	-0.22	1.0	-0.3	-0.27	-0.55	-0.49	-0.26	0.43	-0.32	-0.26	-0.36	-0.33	0.03	-0.35	0.26	0.61	0.56		0.63	-0.75	-0.43
Property Plant And Equipment Gross	-0.17	-0.13	-0.39	0.45	0.64	-0.12	0.63	-0.48	-0.27	-0.6	-0.59	-0.13	0.73	-0.23	-0.08	-0.74	-0.43	0.23	-0.56	0.22	0.95	0.95	0.63		-0.77	-0.83
Net Debt	0.4	0.45	0.57	-0.61	-0.77	0.54	-0.75	0.68	0.41	0.79	0.86	0.37	-0.76	0.47	0.32	0.84	0.67	-0.06	0.76	-0.5	-0.86	-0.87	-0.75	-0.77		0.87
Long Term Debt	0.42	0.46	0.66	-0.72	-0.88	0.57	-0.43	0.79	0.43	0.81	0.82	0.37	-0.86	0.48	0.3	0.98	0.76	-0.07	0.88	-0.57	-0.94	-0.95	-0.43	-0.83	0.87

Click cells to compare fundamentals

Carebook Technologies Account Relationship Matchups

Carebook Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	478K	1.1M	5.3M	2.1M	2.5M	2.1M
Total Current Liabilities	1.7M	13.5M	9.6M	7.0M	8.0M	7.2M
Retained Earnings	(27.2M)	(46.5M)	(64.3M)	(67.7M)	(60.9M)	(63.9M)
Accounts Payable	372K	795K	1.4M	663K	762.5K	675.9K
Net Receivables	245K	1.1M	759K	887K	1.0M	559.0K
Total Current Assets	4.0M	3.3M	1.8M	1.9M	2.2M	2.1M
Total Assets	457.4K	25.6M	9.3M	7.7M	8.8M	9.5M
Total Stockholder Equity	447.4K	6.4M	(6.9M)	(6.7M)	(6.0M)	(5.7M)
Cash	442.1K	1.5M	740K	695K	799.3K	787.5K
Non Current Assets Total	5.2M	22.3M	7.5M	5.8M	6.6M	9.0M
Common Stock Shares Outstanding	30.6M	48.9M	77.8M	102.8M	118.2M	63.9M
Non Current Liabilities Total	675K	5.7M	6.0M	7.4M	8.5M	4.4M
Total Liab	10K	19.2M	15.6M	14.4M	16.5M	10.8M
Net Invested Capital	447.4K	14.4M	876K	1.1M	1.3M	1.2M
Capital Stock	1.0M	39.1M	43.5M	45.9M	52.8M	28.6M
Net Working Capital	447.4K	(10.2M)	(7.8M)	(5.0M)	(4.5M)	(4.8M)

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 Carebook Stock Analysis

When running Carebook Technologies' price analysis, check to measure Carebook Technologies' 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 Carebook Technologies is operating at the current time. Most of Carebook Technologies' value examination focuses on studying past and present price action to predict the probability of Carebook Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carebook Technologies' price. Additionally, you may evaluate how the addition of Carebook Technologies 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