Carebook Total Operating Expenses vs Selling General Administrative 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 Total Operating Expenses and its Selling General Administrative 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.

Total Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carebook Technologies Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.
The correlation between Carebook Technologies' Total Operating Expenses and Selling General Administrative is 0.99. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative 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' Total Operating Expenses 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 Total Operating Expenses of Carebook Technologies 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 Total Operating Expenses i.e., Carebook Technologies' Total Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Selling General Administrative

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 Development8.0M6.9M8.0M7.5M
Gross Profit7.6M10.2M11.7M7.2M

Carebook Technologies fundamental ratios Correlations

0.930.67-0.7-0.710.64-0.240.880.740.80.650.99-0.050.990.980.540.890.860.78-0.93-0.34-0.22-0.24-0.170.40.42
0.930.59-0.86-0.720.77-0.240.860.520.770.670.96-0.170.930.890.580.920.760.82-0.97-0.35-0.24-0.24-0.130.450.46
0.670.59-0.53-0.790.51-0.230.780.780.80.520.6-0.450.70.640.720.760.330.77-0.69-0.55-0.52-0.23-0.390.570.66
-0.7-0.86-0.530.81-0.720.31-0.83-0.27-0.77-0.7-0.740.53-0.72-0.6-0.78-0.89-0.41-0.880.860.640.570.310.45-0.61-0.72
-0.71-0.72-0.790.81-0.770.46-0.92-0.68-0.97-0.78-0.680.74-0.76-0.64-0.91-0.92-0.25-0.960.840.830.760.460.64-0.77-0.88
0.640.770.51-0.72-0.77-0.220.760.490.760.710.65-0.530.680.610.650.820.310.79-0.84-0.4-0.35-0.22-0.120.540.57
-0.24-0.24-0.230.310.46-0.22-0.3-0.27-0.55-0.49-0.260.43-0.32-0.26-0.36-0.330.03-0.350.260.610.561.00.63-0.75-0.43
0.880.860.78-0.83-0.920.76-0.30.720.930.850.85-0.480.90.80.870.990.530.97-0.92-0.67-0.61-0.3-0.480.680.79
0.740.520.78-0.27-0.680.49-0.270.720.770.510.66-0.20.770.780.490.660.490.62-0.65-0.39-0.31-0.27-0.270.410.43
0.80.770.8-0.77-0.970.76-0.550.930.770.810.77-0.610.850.760.850.940.380.94-0.87-0.77-0.69-0.55-0.60.790.81
0.650.670.52-0.7-0.780.71-0.490.850.510.810.61-0.560.680.540.860.830.270.87-0.7-0.72-0.72-0.49-0.590.860.82
0.990.960.6-0.74-0.680.65-0.260.850.660.770.61-0.030.980.970.50.870.870.75-0.94-0.3-0.18-0.26-0.130.370.37
-0.05-0.17-0.450.530.74-0.530.43-0.48-0.2-0.61-0.56-0.03-0.140.04-0.8-0.480.46-0.640.320.840.870.430.73-0.76-0.86
0.990.930.7-0.72-0.760.68-0.320.90.770.850.680.98-0.140.980.590.910.80.81-0.95-0.41-0.29-0.32-0.230.470.48
0.980.890.64-0.6-0.640.61-0.260.80.780.760.540.970.040.980.420.810.880.68-0.89-0.25-0.11-0.26-0.080.320.3
0.540.580.72-0.78-0.910.65-0.360.870.490.850.860.5-0.80.590.420.840.070.94-0.68-0.89-0.89-0.36-0.740.840.98
0.890.920.76-0.89-0.920.82-0.330.990.660.940.830.87-0.480.910.810.840.550.98-0.96-0.65-0.57-0.33-0.430.670.76
0.860.760.33-0.41-0.250.310.030.530.490.380.270.870.460.80.880.070.550.37-0.680.130.250.030.23-0.06-0.07
0.780.820.77-0.88-0.960.79-0.350.970.620.940.870.75-0.640.810.680.940.980.37-0.89-0.76-0.71-0.35-0.560.760.88
-0.93-0.97-0.690.860.84-0.840.26-0.92-0.65-0.87-0.7-0.940.32-0.95-0.89-0.68-0.96-0.68-0.890.460.350.260.22-0.5-0.57
-0.34-0.35-0.550.640.83-0.40.61-0.67-0.39-0.77-0.72-0.30.84-0.41-0.25-0.89-0.650.13-0.760.460.980.610.95-0.86-0.94
-0.22-0.24-0.520.570.76-0.350.56-0.61-0.31-0.69-0.72-0.180.87-0.29-0.11-0.89-0.570.25-0.710.350.980.560.95-0.87-0.95
-0.24-0.24-0.230.310.46-0.221.0-0.3-0.27-0.55-0.49-0.260.43-0.32-0.26-0.36-0.330.03-0.350.260.610.560.63-0.75-0.43
-0.17-0.13-0.390.450.64-0.120.63-0.48-0.27-0.6-0.59-0.130.73-0.23-0.08-0.74-0.430.23-0.560.220.950.950.63-0.77-0.83
0.40.450.57-0.61-0.770.54-0.750.680.410.790.860.37-0.760.470.320.840.67-0.060.76-0.5-0.86-0.87-0.75-0.770.87
0.420.460.66-0.72-0.880.57-0.430.790.430.810.820.37-0.860.480.30.980.76-0.070.88-0.57-0.94-0.95-0.43-0.830.87
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Carebook Technologies Account Relationship Matchups

Carebook Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab478K1.1M5.3M2.1M2.5M2.1M
Total Current Liabilities1.7M13.5M9.6M7.0M8.0M7.2M
Retained Earnings(27.2M)(46.5M)(64.3M)(67.7M)(60.9M)(63.9M)
Accounts Payable372K795K1.4M663K762.5K675.9K
Net Receivables245K1.1M759K887K1.0M559.0K
Total Current Assets4.0M3.3M1.8M1.9M2.2M2.1M
Total Assets457.4K25.6M9.3M7.7M8.8M9.5M
Total Stockholder Equity447.4K6.4M(6.9M)(6.7M)(6.0M)(5.7M)
Cash442.1K1.5M740K695K799.3K787.5K
Non Current Assets Total5.2M22.3M7.5M5.8M6.6M9.0M
Common Stock Shares Outstanding30.6M48.9M77.8M102.8M118.2M63.9M
Non Current Liabilities Total675K5.7M6.0M7.4M8.5M4.4M
Total Liab10K19.2M15.6M14.4M16.5M10.8M
Net Invested Capital447.4K14.4M876K1.1M1.3M1.2M
Capital Stock1.0M39.1M43.5M45.9M52.8M28.6M
Net Working Capital447.4K(10.2M)(7.8M)(5.0M)(4.5M)(4.8M)

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