Cathedra Accounts Payable vs Net Invested Capital Analysis

CBIT Stock   0.08  0.01  6.67%   
Cathedra Bitcoin financial indicator trend analysis is way more than just evaluating Cathedra Bitcoin prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cathedra Bitcoin is a good investment. Please check the relationship between Cathedra Bitcoin Accounts Payable and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathedra Bitcoin. 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.

Accounts Payable vs Net Invested Capital

Accounts Payable vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathedra Bitcoin Accounts Payable account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cathedra Bitcoin's Accounts Payable and Net Invested Capital is 0.61. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Cathedra Bitcoin, assuming nothing else is changed. The correlation between historical values of Cathedra Bitcoin's Accounts Payable and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Cathedra Bitcoin are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Accounts Payable i.e., Cathedra Bitcoin's Accounts Payable and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Cathedra Bitcoin obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cathedra Bitcoin are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Cathedra Bitcoin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cathedra Bitcoin 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 Cathedra Bitcoin. 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, Cathedra Bitcoin's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 7.18 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.3M7.7M6.5M3.6M
Cost Of Revenue6.0M14.0M13.0M7.1M

Cathedra Bitcoin fundamental ratios Correlations

-0.74-0.250.930.78-0.450.640.560.650.350.790.891.00.850.840.740.780.780.120.830.510.910.590.160.03-0.24
-0.740.77-0.75-0.960.71-0.61-0.68-0.86-0.53-0.88-0.59-0.74-0.45-0.56-0.99-0.85-0.74-0.28-0.53-0.58-0.67-0.62-0.390.090.42
-0.250.77-0.39-0.650.35-0.05-0.75-0.64-0.11-0.46-0.03-0.27-0.15-0.32-0.76-0.41-0.21-0.46-0.15-0.05-0.06-0.11-0.07-0.090.11
0.93-0.75-0.390.75-0.260.550.710.530.240.710.650.930.890.910.740.690.620.280.90.30.720.340.15-0.14-0.21
0.78-0.96-0.650.75-0.720.610.610.810.510.910.680.770.50.580.980.890.80.350.590.670.750.720.35-0.1-0.33
-0.450.710.35-0.26-0.72-0.780.0-0.71-0.89-0.83-0.58-0.410.080.04-0.69-0.82-0.850.04-0.13-0.89-0.68-0.91-0.720.170.73
0.64-0.61-0.050.550.61-0.78-0.010.470.920.80.620.610.230.20.570.810.88-0.130.490.830.80.780.84-0.54-0.84
0.56-0.68-0.750.710.610.0-0.010.61-0.210.330.260.580.690.80.70.280.120.280.45-0.090.22-0.03-0.270.160.23
0.65-0.86-0.640.530.81-0.710.470.610.440.680.660.640.350.430.860.640.6-0.140.190.580.630.660.220.18-0.28
0.35-0.53-0.110.240.51-0.890.92-0.210.440.720.410.31-0.15-0.160.490.730.79-0.130.180.840.60.780.95-0.53-0.93
0.79-0.88-0.460.710.91-0.830.80.330.680.720.730.770.40.440.860.990.960.330.650.760.850.810.56-0.17-0.6
0.89-0.59-0.030.650.68-0.580.620.260.660.410.730.880.640.60.590.740.81-0.10.590.670.960.780.140.22-0.23
1.0-0.74-0.270.930.77-0.410.610.580.640.310.770.880.870.860.730.760.750.130.840.460.890.550.130.06-0.21
0.85-0.45-0.150.890.50.080.230.690.35-0.150.40.640.870.980.470.390.350.180.840.060.60.13-0.260.130.21
0.84-0.56-0.320.910.580.040.20.80.43-0.160.440.60.860.980.570.420.350.260.820.040.560.12-0.270.160.21
0.74-0.99-0.760.740.98-0.690.570.70.860.490.860.590.730.470.570.820.720.290.510.60.660.630.35-0.1-0.35
0.78-0.85-0.410.690.89-0.820.810.280.640.730.990.740.760.390.420.820.970.340.660.770.860.820.56-0.17-0.6
0.78-0.74-0.210.620.8-0.850.880.120.60.790.960.810.750.350.350.720.970.170.610.840.920.890.61-0.18-0.65
0.12-0.28-0.460.280.350.04-0.130.28-0.14-0.130.33-0.10.130.180.260.290.340.170.48-0.15-0.02-0.1-0.10.020.1
0.83-0.53-0.150.90.59-0.130.490.450.190.180.650.590.840.840.820.510.660.610.480.220.670.260.12-0.16-0.18
0.51-0.58-0.050.30.67-0.890.83-0.090.580.840.760.670.460.060.040.60.770.84-0.150.220.780.970.68-0.33-0.59
0.91-0.67-0.060.720.75-0.680.80.220.630.60.850.960.890.60.560.660.860.92-0.020.670.780.840.38-0.04-0.43
0.59-0.62-0.110.340.72-0.910.78-0.030.660.780.810.780.550.130.120.630.820.89-0.10.260.970.840.57-0.12-0.53
0.16-0.39-0.070.150.35-0.720.84-0.270.220.950.560.140.13-0.26-0.270.350.560.61-0.10.120.680.380.57-0.74-0.95
0.030.09-0.09-0.14-0.10.17-0.540.160.18-0.53-0.170.220.060.130.16-0.1-0.17-0.180.02-0.16-0.33-0.04-0.12-0.740.55
-0.240.420.11-0.21-0.330.73-0.840.23-0.28-0.93-0.6-0.23-0.210.210.21-0.35-0.6-0.650.1-0.18-0.59-0.43-0.53-0.950.55
Click cells to compare fundamentals

Cathedra Bitcoin Account Relationship Matchups

Cathedra Bitcoin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.2M17.0M58.4M25.8M18.9M22.5M
Total Current Liabilities202.1K373.8K4.6M2.5M3.8M2.6M
Total Stockholder Equity11.0M16.0M34.6M4.8M9.3M13.8M
Retained Earnings(12.5M)(11.0M)(6.7M)(51.7M)(56.1M)(53.3M)
Accounts Payable88.1K108.6K1.5M528.9K2.2M2.3M
Cash10.3M7.0M9.4M3.2M585.6K556.3K
Non Current Assets Total565.0K3.4M20.0M17.3M14.9M9.0M
Total Liab202.1K952.8K23.8M21.0M9.6M8.8M
Net Invested Capital11.0M16.0M53.8M23.0M14.4M20.5M
Total Current Assets10.7M13.5M38.4M8.5M4.0M3.8M
Net Working Capital10.5M13.2M33.8M6.0M173.4K164.8K
Other Current Assets116.9K6.4M9.9M39.5K1.8M3.4M

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