Cathedra Pocfratio vs Ptb Ratio 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 Pocfratio and its Ptb Ratio 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.

Pocfratio vs Ptb Ratio

Pocfratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathedra Bitcoin Pocfratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cathedra Bitcoin's Pocfratio and Ptb Ratio is -0.03. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Ptb Ratio 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 Pocfratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Cathedra Bitcoin are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pocfratio i.e., Cathedra Bitcoin's Pocfratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pocfratio

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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

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