Caribou Total Current Liabilities vs Asset Turnover Analysis

CRBU Stock  USD 1.79  0.01  0.56%   
Caribou Biosciences financial indicator trend analysis is way more than just evaluating Caribou Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caribou Biosciences is a good investment. Please check the relationship between Caribou Biosciences Total Current Liabilities and its Asset Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caribou Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Caribou Stock please use our How to Invest in Caribou Biosciences guide.

Total Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caribou Biosciences Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Caribou Biosciences' Total Current Liabilities and Asset Turnover is -0.28. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Caribou Biosciences, assuming nothing else is changed. The correlation between historical values of Caribou Biosciences' Total Current Liabilities and Asset Turnover 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 Current Liabilities of Caribou Biosciences are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., Caribou Biosciences' Total Current Liabilities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Caribou Biosciences balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Caribou Biosciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Caribou Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caribou Biosciences 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 Caribou Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Caribou Stock please use our How to Invest in Caribou Biosciences guide.At this time, Caribou Biosciences' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 730.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 28.9 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Income236K148K133.2K126.5K
Net Interest Income216K140K126K119.7K

Caribou Biosciences fundamental ratios Correlations

0.740.920.981.00.981.00.750.86-0.46-0.860.180.670.910.910.890.990.530.990.630.89-0.8-0.920.940.990.66
0.740.860.820.720.610.680.990.60.23-0.95-0.390.080.90.920.880.68-0.080.760.790.93-0.44-0.930.760.80.94
0.920.860.950.910.860.90.870.67-0.14-0.950.070.380.930.960.960.870.290.950.820.93-0.67-0.940.90.970.77
0.980.820.950.980.950.970.820.86-0.33-0.910.030.560.960.950.930.960.470.990.660.92-0.72-0.970.970.990.78
1.00.720.910.980.981.00.730.86-0.48-0.840.20.690.90.90.880.990.540.990.630.88-0.81-0.910.930.980.64
0.980.610.860.950.980.980.620.87-0.6-0.770.310.780.830.820.80.990.690.960.530.81-0.84-0.850.940.940.56
1.00.680.90.971.00.980.690.87-0.52-0.810.210.70.890.880.870.990.570.990.580.84-0.79-0.890.930.980.61
0.750.990.870.820.730.620.690.570.21-0.97-0.330.110.880.910.870.69-0.080.760.840.95-0.5-0.930.740.810.9
0.860.60.670.860.860.870.870.57-0.52-0.64-0.090.70.830.760.70.90.630.840.230.69-0.6-0.820.890.810.67
-0.460.23-0.14-0.33-0.48-0.6-0.520.21-0.520.0-0.69-0.94-0.11-0.06-0.05-0.54-0.9-0.390.17-0.10.640.13-0.37-0.330.24
-0.86-0.95-0.95-0.91-0.84-0.77-0.81-0.97-0.640.00.1-0.3-0.9-0.94-0.9-0.81-0.14-0.86-0.87-0.990.670.96-0.85-0.9-0.84
0.18-0.390.070.030.20.310.21-0.33-0.09-0.690.10.58-0.21-0.16-0.10.210.560.130.1-0.05-0.530.170.020.11-0.55
0.670.080.380.560.690.780.70.110.7-0.94-0.30.580.350.310.270.740.890.590.080.4-0.83-0.410.590.550.04
0.910.90.930.960.90.830.890.880.83-0.11-0.9-0.210.350.990.970.880.270.940.640.89-0.52-0.980.930.950.89
0.910.920.960.950.90.820.880.910.76-0.06-0.94-0.160.310.990.990.870.190.940.740.92-0.55-0.980.890.950.87
0.890.880.960.930.880.80.870.870.7-0.05-0.9-0.10.270.970.990.840.170.940.740.88-0.51-0.930.860.950.81
0.990.680.870.960.990.990.990.690.9-0.54-0.810.210.740.880.870.840.60.970.560.85-0.82-0.90.930.960.62
0.53-0.080.290.470.540.690.57-0.080.63-0.9-0.140.560.890.270.190.170.60.48-0.130.19-0.59-0.260.580.420.01
0.990.760.950.990.990.960.990.760.84-0.39-0.860.130.590.940.940.940.970.480.650.88-0.72-0.930.941.00.7
0.630.790.820.660.630.530.580.840.230.17-0.870.10.080.640.740.740.56-0.130.650.85-0.6-0.720.540.710.56
0.890.930.930.920.880.810.840.950.69-0.1-0.99-0.050.40.890.920.880.850.190.880.85-0.75-0.960.850.920.8
-0.8-0.44-0.67-0.72-0.81-0.84-0.79-0.5-0.60.640.67-0.53-0.83-0.52-0.55-0.51-0.82-0.59-0.72-0.6-0.750.65-0.67-0.74-0.27
-0.92-0.93-0.94-0.97-0.91-0.85-0.89-0.93-0.820.130.960.17-0.41-0.98-0.98-0.93-0.9-0.26-0.93-0.72-0.960.65-0.92-0.95-0.88
0.940.760.90.970.930.940.930.740.89-0.37-0.850.020.590.930.890.860.930.580.940.540.85-0.67-0.920.930.79
0.990.80.970.990.980.940.980.810.81-0.33-0.90.110.550.950.950.950.960.421.00.710.92-0.74-0.950.930.72
0.660.940.770.780.640.560.610.90.670.24-0.84-0.550.040.890.870.810.620.010.70.560.8-0.27-0.880.790.72
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Caribou Biosciences Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Caribou Stock Analysis

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