Cathedra Roe vs Capex To Depreciation 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 Roe and its Capex To Depreciation 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.

Roe vs Capex To Depreciation

Roe vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathedra Bitcoin Roe account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Cathedra Bitcoin's Roe and Capex To Depreciation is 0.18. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Capex To Depreciation 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 Roe and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Cathedra Bitcoin are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Roe i.e., Cathedra Bitcoin's Roe and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

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Roe

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 Depreciation	2.3M	7.7M	6.5M	3.6M
Cost Of Revenue	6.0M	14.0M	13.0M	7.1M

Reconciled Depreciation Cost Of Revenue

Cathedra Bitcoin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Short Term Investments	Inventory	Other Current Assets	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Capital Lease Obligations	Net Debt	Non Currrent Assets Other
Total Assets		-0.74	-0.25	0.93	0.78	-0.45	0.64	0.56	0.65	0.35	0.79	0.89	1.0	0.85	0.84	0.74	0.78	0.78	0.12	0.83	0.51	0.91	0.59	0.16	0.03	-0.24
Other Current Liab	-0.74		0.77	-0.75	-0.96	0.71	-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	-0.39	0.09	0.42
Total Current Liabilities	-0.25	0.77		-0.39	-0.65	0.35	-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	-0.09	0.11
Total Stockholder Equity	0.93	-0.75	-0.39		0.75	-0.26	0.55	0.71	0.53	0.24	0.71	0.65	0.93	0.89	0.91	0.74	0.69	0.62	0.28	0.9	0.3	0.72	0.34	0.15	-0.14	-0.21
Net Tangible Assets	0.78	-0.96	-0.65	0.75		-0.72	0.61	0.61	0.81	0.51	0.91	0.68	0.77	0.5	0.58	0.98	0.89	0.8	0.35	0.59	0.67	0.75	0.72	0.35	-0.1	-0.33
Retained Earnings	-0.45	0.71	0.35	-0.26	-0.72		-0.78	0.0	-0.71	-0.89	-0.83	-0.58	-0.41	0.08	0.04	-0.69	-0.82	-0.85	0.04	-0.13	-0.89	-0.68	-0.91	-0.72	0.17	0.73
Accounts Payable	0.64	-0.61	-0.05	0.55	0.61	-0.78		-0.01	0.47	0.92	0.8	0.62	0.61	0.23	0.2	0.57	0.81	0.88	-0.13	0.49	0.83	0.8	0.78	0.84	-0.54	-0.84
Cash	0.56	-0.68	-0.75	0.71	0.61	0.0	-0.01		0.61	-0.21	0.33	0.26	0.58	0.69	0.8	0.7	0.28	0.12	0.28	0.45	-0.09	0.22	-0.03	-0.27	0.16	0.23
Net Receivables	0.65	-0.86	-0.64	0.53	0.81	-0.71	0.47	0.61		0.44	0.68	0.66	0.64	0.35	0.43	0.86	0.64	0.6	-0.14	0.19	0.58	0.63	0.66	0.22	0.18	-0.28
Common Stock Shares Outstanding	0.35	-0.53	-0.11	0.24	0.51	-0.89	0.92	-0.21	0.44		0.72	0.41	0.31	-0.15	-0.16	0.49	0.73	0.79	-0.13	0.18	0.84	0.6	0.78	0.95	-0.53	-0.93
Other Stockholder Equity	0.79	-0.88	-0.46	0.71	0.91	-0.83	0.8	0.33	0.68	0.72		0.73	0.77	0.4	0.44	0.86	0.99	0.96	0.33	0.65	0.76	0.85	0.81	0.56	-0.17	-0.6
Total Liab	0.89	-0.59	-0.03	0.65	0.68	-0.58	0.62	0.26	0.66	0.41	0.73		0.88	0.64	0.6	0.59	0.74	0.81	-0.1	0.59	0.67	0.96	0.78	0.14	0.22	-0.23
Net Invested Capital	1.0	-0.74	-0.27	0.93	0.77	-0.41	0.61	0.58	0.64	0.31	0.77	0.88		0.87	0.86	0.73	0.76	0.75	0.13	0.84	0.46	0.89	0.55	0.13	0.06	-0.21
Total Current Assets	0.85	-0.45	-0.15	0.89	0.5	0.08	0.23	0.69	0.35	-0.15	0.4	0.64	0.87		0.98	0.47	0.39	0.35	0.18	0.84	0.06	0.6	0.13	-0.26	0.13	0.21
Net Working Capital	0.84	-0.56	-0.32	0.91	0.58	0.04	0.2	0.8	0.43	-0.16	0.44	0.6	0.86	0.98		0.57	0.42	0.35	0.26	0.82	0.04	0.56	0.12	-0.27	0.16	0.21
Common Stock	0.74	-0.99	-0.76	0.74	0.98	-0.69	0.57	0.7	0.86	0.49	0.86	0.59	0.73	0.47	0.57		0.82	0.72	0.29	0.51	0.6	0.66	0.63	0.35	-0.1	-0.35
Property Plant Equipment	0.78	-0.85	-0.41	0.69	0.89	-0.82	0.81	0.28	0.64	0.73	0.99	0.74	0.76	0.39	0.42	0.82		0.97	0.34	0.66	0.77	0.86	0.82	0.56	-0.17	-0.6
Short Term Investments	0.78	-0.74	-0.21	0.62	0.8	-0.85	0.88	0.12	0.6	0.79	0.96	0.81	0.75	0.35	0.35	0.72	0.97		0.17	0.61	0.84	0.92	0.89	0.61	-0.18	-0.65
Inventory	0.12	-0.28	-0.46	0.28	0.35	0.04	-0.13	0.28	-0.14	-0.13	0.33	-0.1	0.13	0.18	0.26	0.29	0.34	0.17		0.48	-0.15	-0.02	-0.1	-0.1	0.02	0.1
Other Current Assets	0.83	-0.53	-0.15	0.9	0.59	-0.13	0.49	0.45	0.19	0.18	0.65	0.59	0.84	0.84	0.82	0.51	0.66	0.61	0.48		0.22	0.67	0.26	0.12	-0.16	-0.18
Capital Stock	0.51	-0.58	-0.05	0.3	0.67	-0.89	0.83	-0.09	0.58	0.84	0.76	0.67	0.46	0.06	0.04	0.6	0.77	0.84	-0.15	0.22		0.78	0.97	0.68	-0.33	-0.59
Property Plant And Equipment Net	0.91	-0.67	-0.06	0.72	0.75	-0.68	0.8	0.22	0.63	0.6	0.85	0.96	0.89	0.6	0.56	0.66	0.86	0.92	-0.02	0.67	0.78		0.84	0.38	-0.04	-0.43
Property Plant And Equipment Gross	0.59	-0.62	-0.11	0.34	0.72	-0.91	0.78	-0.03	0.66	0.78	0.81	0.78	0.55	0.13	0.12	0.63	0.82	0.89	-0.1	0.26	0.97	0.84		0.57	-0.12	-0.53
Capital Lease Obligations	0.16	-0.39	-0.07	0.15	0.35	-0.72	0.84	-0.27	0.22	0.95	0.56	0.14	0.13	-0.26	-0.27	0.35	0.56	0.61	-0.1	0.12	0.68	0.38	0.57		-0.74	-0.95
Net Debt	0.03	0.09	-0.09	-0.14	-0.1	0.17	-0.54	0.16	0.18	-0.53	-0.17	0.22	0.06	0.13	0.16	-0.1	-0.17	-0.18	0.02	-0.16	-0.33	-0.04	-0.12	-0.74		0.55
Non Currrent Assets Other	-0.24	0.42	0.11	-0.21	-0.33	0.73	-0.84	0.23	-0.28	-0.93	-0.6	-0.23	-0.21	0.21	0.21	-0.35	-0.6	-0.65	0.1	-0.18	-0.59	-0.43	-0.53	-0.95	0.55

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Cathedra Bitcoin Account Relationship Matchups

Cathedra Bitcoin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.2M	17.0M	58.4M	25.8M	18.9M	22.5M
Total Current Liabilities	202.1K	373.8K	4.6M	2.5M	3.8M	2.6M
Total Stockholder Equity	11.0M	16.0M	34.6M	4.8M	9.3M	13.8M
Retained Earnings	(12.5M)	(11.0M)	(6.7M)	(51.7M)	(56.1M)	(53.3M)
Accounts Payable	88.1K	108.6K	1.5M	528.9K	2.2M	2.3M
Cash	10.3M	7.0M	9.4M	3.2M	585.6K	556.3K
Non Current Assets Total	565.0K	3.4M	20.0M	17.3M	14.9M	9.0M
Total Liab	202.1K	952.8K	23.8M	21.0M	9.6M	8.8M
Net Invested Capital	11.0M	16.0M	53.8M	23.0M	14.4M	20.5M
Total Current Assets	10.7M	13.5M	38.4M	8.5M	4.0M	3.8M
Net Working Capital	10.5M	13.2M	33.8M	6.0M	173.4K	164.8K
Other Current Assets	116.9K	6.4M	9.9M	39.5K	1.8M	3.4M

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Cathedra Roe vs Capex To Depreciation Analysis

Roe vs Capex To Depreciation

Roe vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Roe

Capex To Depreciation

Cathedra Bitcoin fundamental ratios Correlations

Cathedra Bitcoin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cathedra Bitcoin fundamental ratios Accounts

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COMPANY

Net Invested Capital	+ 1.0	Total Assets
Property Plant Equipment	+ 0.99	Other Stockholder Equity
Common Stock	+ 0.98	Net Tangible Assets
Net Working Capital	+ 0.98	Total Current Assets
Short Term Investments	+ 0.97	Property Plant Equipment
Property Plant And Equipment Gross	+ 0.97	Capital Stock

Common Stock	- 0.99	Other Current Liab
Net Tangible Assets	- 0.96	Other Current Liab
Non Currrent Assets Other	- 0.95	Capital Lease Obligations
Non Currrent Assets Other	- 0.93	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Capital Stock	- 0.89	Retained Earnings