Caribou Change In Cash vs Depreciation Analysis

CRBU Stock  USD 2.02  0.04  2.02%   
Caribou Biosciences financial indicator trend analysis is way more than just evaluating Caribou Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caribou Biosciences is a good investment. Please check the relationship between Caribou Biosciences Change In Cash and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caribou Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Caribou Stock please use our How to Invest in Caribou Biosciences guide.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caribou Biosciences Change In Cash account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Caribou Biosciences' Change In Cash and Depreciation is -0.12. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Caribou Biosciences, assuming nothing else is changed. The correlation between historical values of Caribou Biosciences' Change In Cash and 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 Change In Cash of Caribou Biosciences are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Caribou Biosciences' Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Depreciation

Depreciation indicates how much of Caribou Biosciences value has been used up. For tax purposes Caribou Biosciences can deduct the cost of the tangible assets it purchases as business expenses. However, Caribou Biosciences must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Caribou Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caribou Biosciences 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 Caribou Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Caribou Stock please use our How to Invest in Caribou Biosciences guide.At this time, Caribou Biosciences' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 730.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 28.9 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Income236K148K133.2K126.5K
Net Interest Income216K140K126K119.7K

Caribou Biosciences fundamental ratios Correlations

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0.980.820.950.980.950.970.820.86-0.33-0.910.030.560.960.950.930.960.470.990.660.92-0.72-0.970.970.990.78
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0.980.610.860.950.980.980.620.87-0.6-0.770.310.780.830.820.80.990.690.960.530.81-0.84-0.850.940.940.56
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0.750.990.870.820.730.620.690.570.21-0.97-0.330.110.880.910.870.69-0.080.760.840.95-0.5-0.930.740.810.9
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0.670.080.380.560.690.780.70.110.7-0.94-0.30.580.350.310.270.740.890.590.080.4-0.83-0.410.590.550.04
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0.990.680.870.960.990.990.990.690.9-0.54-0.810.210.740.880.870.840.60.970.560.85-0.82-0.90.930.960.62
0.53-0.080.290.470.540.690.57-0.080.63-0.9-0.140.560.890.270.190.170.60.48-0.130.19-0.59-0.260.580.420.01
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0.630.790.820.660.630.530.580.840.230.17-0.870.10.080.640.740.740.56-0.130.650.85-0.6-0.720.540.710.56
0.890.930.930.920.880.810.840.950.69-0.1-0.99-0.050.40.890.920.880.850.190.880.85-0.75-0.960.850.920.8
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-0.92-0.93-0.94-0.97-0.91-0.85-0.89-0.93-0.820.130.960.17-0.41-0.98-0.98-0.93-0.9-0.26-0.93-0.72-0.960.65-0.92-0.95-0.88
0.940.760.90.970.930.940.930.740.89-0.37-0.850.020.590.930.890.860.930.580.940.540.85-0.67-0.920.930.79
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0.660.940.770.780.640.560.610.90.670.24-0.84-0.550.040.890.870.810.620.010.70.560.8-0.27-0.880.790.72
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Caribou Biosciences Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Caribou Stock Analysis

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