Cathedra Net Working Capital vs Common Stock 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 Net Working Capital and its Common Stock 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.

Net Working Capital vs Common Stock

Net Working Capital vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathedra Bitcoin Net Working Capital account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cathedra Bitcoin's Net Working Capital and Common Stock is 0.57. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock 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 Net Working Capital and Common Stock 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 Working Capital of Cathedra Bitcoin are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Working Capital i.e., Cathedra Bitcoin's Net Working Capital and Common Stock go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Common Stock

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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Additional Tools for Cathedra Stock Analysis

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