Celebrus Inventory vs Good Will Analysis

CLBS Stock   302.50  13.50  4.27%   
Celebrus Technologies financial indicator trend analysis is way more than just evaluating Celebrus Technologies plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celebrus Technologies plc is a good investment. Please check the relationship between Celebrus Technologies Inventory and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celebrus Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Good Will

Inventory vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celebrus Technologies plc Inventory account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Celebrus Technologies' Inventory and Good Will is 0.89. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Good Will in the same time period over historical financial statements of Celebrus Technologies plc, assuming nothing else is changed. The correlation between historical values of Celebrus Technologies' Inventory and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Celebrus Technologies plc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Inventory i.e., Celebrus Technologies' Inventory and Good Will go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Celebrus Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celebrus Technologies plc 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 Celebrus Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 12.5 M in 2024
 2021 2023 2024 (projected)
Interest Expense20K17K19.0K
Depreciation And Amortization697K456K624.0K

Celebrus Technologies fundamental ratios Correlations

-0.580.910.940.890.090.91-0.790.90.360.740.12-0.60.740.690.790.71-0.120.80.630.20.921.0-0.680.85-0.49
-0.58-0.35-0.35-0.78-0.4-0.370.29-0.76-0.31-0.2-0.750.21-0.2-0.56-0.08-0.390.79-0.280.1-0.46-0.31-0.540.81-0.27-0.16
0.91-0.350.890.740.070.84-0.70.770.170.67-0.03-0.70.670.590.820.550.090.740.630.080.890.92-0.550.81-0.46
0.94-0.350.890.670.010.99-0.670.70.350.640.04-0.530.640.670.810.560.020.750.64-0.051.00.94-0.390.78-0.47
0.89-0.780.740.670.210.63-0.771.00.320.710.23-0.580.710.60.580.77-0.330.690.480.480.650.87-0.920.76-0.39
0.09-0.40.070.010.21-0.060.270.160.47-0.290.27-0.58-0.290.52-0.440.0-0.7-0.39-0.320.48-0.030.08-0.15-0.190.25
0.91-0.370.840.990.63-0.06-0.630.660.280.60.1-0.420.60.690.780.560.010.760.59-0.080.980.91-0.350.72-0.44
-0.790.29-0.7-0.67-0.770.27-0.63-0.8-0.2-0.990.280.45-0.99-0.2-0.88-0.84-0.25-0.83-0.9-0.04-0.67-0.780.67-0.970.81
0.9-0.760.770.71.00.160.66-0.80.30.740.22-0.570.740.570.630.77-0.290.710.520.420.670.89-0.920.8-0.42
0.36-0.310.170.350.320.470.28-0.20.30.170.11-0.330.170.270.060.15-0.440.00.170.220.330.36-0.210.29-0.1
0.74-0.20.670.640.71-0.290.6-0.990.740.17-0.37-0.451.00.170.880.860.330.830.930.030.650.74-0.610.96-0.87
0.12-0.75-0.030.040.230.270.10.280.220.11-0.370.29-0.370.3-0.28-0.25-0.81-0.13-0.590.110.010.1-0.32-0.250.7
-0.60.21-0.7-0.53-0.58-0.58-0.420.45-0.57-0.33-0.450.29-0.45-0.56-0.36-0.510.08-0.26-0.46-0.37-0.52-0.610.39-0.540.45
0.74-0.20.670.640.71-0.290.6-0.990.740.171.0-0.37-0.450.170.880.860.330.830.930.030.650.74-0.610.96-0.87
0.69-0.560.590.670.60.520.69-0.20.570.270.170.3-0.560.170.220.47-0.40.420.110.460.650.67-0.360.25-0.12
0.79-0.080.820.810.58-0.440.78-0.880.630.060.88-0.28-0.360.880.220.620.460.890.87-0.210.820.8-0.430.92-0.71
0.71-0.390.550.560.770.00.56-0.840.770.150.86-0.25-0.510.860.470.620.080.760.760.310.550.68-0.650.76-0.82
-0.120.790.090.02-0.33-0.70.01-0.25-0.29-0.440.33-0.810.080.33-0.40.460.080.330.53-0.40.07-0.10.370.23-0.55
0.8-0.280.740.750.69-0.390.76-0.830.710.00.83-0.13-0.260.830.420.890.760.330.750.070.760.79-0.570.81-0.68
0.630.10.630.640.48-0.320.59-0.90.520.170.93-0.59-0.460.930.110.870.760.530.75-0.170.650.63-0.320.9-0.95
0.2-0.460.08-0.050.480.48-0.08-0.040.420.220.030.11-0.370.030.46-0.210.31-0.40.07-0.17-0.070.18-0.51-0.010.05
0.92-0.310.891.00.65-0.030.98-0.670.670.330.650.01-0.520.650.650.820.550.070.760.65-0.070.94-0.370.78-0.48
1.0-0.540.920.940.870.080.91-0.780.890.360.740.1-0.610.740.670.80.68-0.10.790.630.180.94-0.660.85-0.48
-0.680.81-0.55-0.39-0.92-0.15-0.350.67-0.92-0.21-0.61-0.320.39-0.61-0.36-0.43-0.650.37-0.57-0.32-0.51-0.37-0.66-0.630.25
0.85-0.270.810.780.76-0.190.72-0.970.80.290.96-0.25-0.540.960.250.920.760.230.810.9-0.010.780.85-0.63-0.75
-0.49-0.16-0.46-0.47-0.390.25-0.440.81-0.42-0.1-0.870.70.45-0.87-0.12-0.71-0.82-0.55-0.68-0.950.05-0.48-0.480.25-0.75
Click cells to compare fundamentals

Celebrus Technologies Account Relationship Matchups

Celebrus Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.9M41.9M53.9M39.7M58.7M45.2M
Other Current Liab1.9M2.7M5.9M1.6M6.5M3.3M
Total Current Liabilities9.4M10.8M21.4M11.7M27.9M15.5M
Total Stockholder Equity29.3M30.9M31.9M27.3M29.5M29.1M
Property Plant And Equipment Net4.1M4.1M4.0M607K1.7M2.5M
Current Deferred Revenue4.1M6.3M14.2M9.4M17.6M9.8M
Net Debt(12.8M)(14.0M)(11.2M)(16.9M)(29.6M)(28.2M)
Retained Earnings24.3M26.0M27.1M23.6M26.4M24.7M
Accounts Payable3.4M1.5M840K585K2.0M1.3M
Cash12.8M14.2M11.4M17.2M30.7M32.3M
Non Current Assets Total14.0M13.7M14.5M15.0M12.6M11.2M
Non Currrent Assets Other956.0K(1.0)1.03.0M233K221.4K
Cash And Short Term Investments12.8M14.2M11.4M17.2M30.7M32.3M
Net Receivables10.2M13.2M27.3M6.3M7.1M12.9M
Common Stock Shares Outstanding40.3M41.0M41.0M40.8M40.9M44.4M
Liabilities And Stockholders Equity38.9M41.9M53.9M39.7M58.7M45.2M
Non Current Liabilities Total217.0K195K603K716.0K1.4M1.5M
Inventory45K1.3M129K3.7M4.2M4.5M
Other Current Assets567K595K670K1.3M11.8M12.4M
Other Stockholder Equity3.0M2.8M2.7M1.9M1.3M2.3M
Total Liab9.6M11.0M22.0M12.4M29.2M16.2M
Total Current Assets24.8M28.1M39.4M24.7M46.2M29.9M
Accumulated Other Comprehensive Income1.2M1.2M1.3M1.0M1.2M1.2M
Short Term Debt1.083K54K73K201K177.9K
Common Stock765K794K808K809K930.4K874.6K

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