CBAK Net Receivables vs Cash Analysis

CBAT Stock

USD 0.94 0.01 1.05%

CBAK Energy financial indicator trend analysis is way more than just evaluating CBAK Energy Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBAK Energy Technology is a good investment. Please check the relationship between CBAK Energy Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBAK Energy Technology Net Receivables account and Cash. At this time, the significance of the direction appears to have almost no relationship.

The correlation between CBAK Energy's Net Receivables and Cash is 0.15. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of CBAK Energy Technology, assuming nothing else is changed. The correlation between historical values of CBAK Energy's Net Receivables and Cash 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 Receivables of CBAK Energy Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., CBAK Energy's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Cash

Cash refers to the most liquid asset of CBAK Energy Technology, which is listed under current asset account on CBAK Energy Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CBAK Energy customers. The amounts must be unrestricted with restricted cash listed in a different CBAK Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from CBAK Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBAK Energy Technology 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 CBAK Energy Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, CBAK Energy's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 13.53 in 2024, despite the fact that Tax Provision is likely to grow to (2.2 M).

	2023	2024 (projected)
Interest Income	564.7K	687.4K
Extraordinary Items	1.6M	1.5M

Interest Income Extraordinary Items

CBAK Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Non Currrent Assets Other	Short Term Debt	Common Stock Total Equity	Common Stock
Total Assets		-0.47	0.92	0.57	0.98	0.72	0.04	0.93	0.38	0.99	0.38	0.89	0.15	0.39	0.95	0.4	0.25	0.91	0.98	0.98	0.15	0.83	-0.25	0.84	0.3	0.5
Other Current Liab	-0.47		-0.48	-0.13	-0.61	-0.55	-0.12	-0.55	0.07	-0.53	0.07	-0.45	0.22	-0.51	-0.46	-0.04	0.16	-0.51	-0.5	-0.37	0.18	-0.51	0.1	-0.46	0.25	-0.12
Total Current Liabilities	0.92	-0.48		0.22	0.92	0.86	-0.12	0.96	0.28	0.93	0.28	0.84	-0.1	0.54	0.9	0.3	0.03	1.0	0.91	0.89	0.26	0.95	-0.27	0.96	0.03	0.21
Total Stockholder Equity	0.57	-0.13	0.22		0.5	-0.04	0.39	0.32	0.43	0.53	0.43	0.43	0.62	-0.24	0.5	0.43	0.56	0.19	0.56	0.61	-0.1	0.06	-0.04	0.1	0.74	0.83
Property Plant And Equipment Net	0.98	-0.61	0.92	0.5		0.77	0.06	0.94	0.35	0.99	0.35	0.86	0.06	0.47	0.93	0.38	0.17	0.92	0.98	0.93	0.05	0.87	-0.21	0.87	0.22	0.46
Net Debt	0.72	-0.55	0.86	-0.04	0.77		-0.03	0.8	-0.16	0.76	-0.17	0.71	-0.51	0.74	0.74	-0.15	-0.35	0.88	0.69	0.64	0.19	0.94	-0.22	0.92	-0.38	-0.15
Retained Earnings	0.04	-0.12	-0.12	0.39	0.06	-0.03		-0.04	0.06	0.06	0.06	-0.02	-0.18	-0.23	0.08	-0.01	-0.44	-0.13	0.04	0.02	-0.39	-0.04	-0.2	-0.02	-0.06	-0.02
Accounts Payable	0.93	-0.55	0.96	0.32	0.94	0.8	-0.04		0.33	0.94	0.33	0.82	-0.03	0.52	0.89	0.4	0.07	0.96	0.94	0.89	0.19	0.89	-0.3	0.89	0.08	0.29
Cash	0.38	0.07	0.28	0.43	0.35	-0.16	0.06	0.33		0.38	1.0	0.15	0.58	-0.32	0.29	0.93	0.52	0.25	0.47	0.41	-0.2	0.18	-0.08	0.22	0.68	0.6
Non Current Assets Total	0.99	-0.53	0.93	0.53	0.99	0.76	0.06	0.94	0.38		0.38	0.86	0.09	0.43	0.94	0.4	0.2	0.92	0.99	0.95	0.1	0.86	-0.23	0.87	0.25	0.47
Cash And Short Term Investments	0.38	0.07	0.28	0.43	0.35	-0.17	0.06	0.33	1.0	0.38		0.15	0.59	-0.32	0.29	0.94	0.53	0.25	0.47	0.41	-0.19	0.18	-0.08	0.22	0.68	0.6
Net Receivables	0.89	-0.45	0.84	0.43	0.86	0.71	-0.02	0.82	0.15	0.86	0.15		0.04	0.49	0.78	0.2	0.16	0.85	0.82	0.89	0.14	0.75	-0.17	0.74	0.17	0.38
Common Stock Shares Outstanding	0.15	0.22	-0.1	0.62	0.06	-0.51	-0.18	-0.03	0.58	0.09	0.59	0.04		-0.57	0.1	0.64	0.9	-0.13	0.15	0.25	0.09	-0.32	0.03	-0.27	0.93	0.87
Non Current Liabilities Total	0.39	-0.51	0.54	-0.24	0.47	0.74	-0.23	0.52	-0.32	0.43	-0.32	0.49	-0.57		0.35	-0.25	-0.27	0.59	0.38	0.31	-0.07	0.62	-0.25	0.54	-0.47	-0.27
Inventory	0.95	-0.46	0.9	0.5	0.93	0.74	0.08	0.89	0.29	0.94	0.29	0.78	0.1	0.35		0.3	0.16	0.89	0.92	0.94	0.27	0.82	-0.35	0.84	0.21	0.41
Other Current Assets	0.4	-0.04	0.3	0.43	0.38	-0.15	-0.01	0.4	0.93	0.4	0.94	0.2	0.64	-0.25	0.3		0.57	0.27	0.49	0.43	-0.12	0.17	-0.2	0.2	0.69	0.65
Other Stockholder Equity	0.25	0.16	0.03	0.56	0.17	-0.35	-0.44	0.07	0.52	0.2	0.53	0.16	0.9	-0.27	0.16	0.57		0.02	0.25	0.33	0.11	-0.17	0.13	-0.15	0.87	0.83
Total Liab	0.91	-0.51	1.0	0.19	0.92	0.88	-0.13	0.96	0.25	0.92	0.25	0.85	-0.13	0.59	0.89	0.27	0.02		0.9	0.87	0.21	0.96	-0.27	0.96	0.0	0.19
Property Plant And Equipment Gross	0.98	-0.5	0.91	0.56	0.98	0.69	0.04	0.94	0.47	0.99	0.47	0.82	0.15	0.38	0.92	0.49	0.25	0.9		0.94	0.05	0.82	-0.22	0.84	0.32	0.52
Total Current Assets	0.98	-0.37	0.89	0.61	0.93	0.64	0.02	0.89	0.41	0.95	0.41	0.89	0.25	0.31	0.94	0.43	0.33	0.87	0.94		0.2	0.75	-0.26	0.77	0.39	0.55
Intangible Assets	0.15	0.18	0.26	-0.1	0.05	0.19	-0.39	0.19	-0.2	0.1	-0.19	0.14	0.09	-0.07	0.27	-0.12	0.11	0.21	0.05	0.2		0.14	-0.1	0.2	-0.06	-0.1
Short Long Term Debt Total	0.83	-0.51	0.95	0.06	0.87	0.94	-0.04	0.89	0.18	0.86	0.18	0.75	-0.32	0.62	0.82	0.17	-0.17	0.96	0.82	0.75	0.14		-0.23	0.99	-0.15	0.04
Non Currrent Assets Other	-0.25	0.1	-0.27	-0.04	-0.21	-0.22	-0.2	-0.3	-0.08	-0.23	-0.08	-0.17	0.03	-0.25	-0.35	-0.2	0.13	-0.27	-0.22	-0.26	-0.1	-0.23		-0.21	0.05	0.04
Short Term Debt	0.84	-0.46	0.96	0.1	0.87	0.92	-0.02	0.89	0.22	0.87	0.22	0.74	-0.27	0.54	0.84	0.2	-0.15	0.96	0.84	0.77	0.2	0.99	-0.21		-0.11	0.07
Common Stock Total Equity	0.3	0.25	0.03	0.74	0.22	-0.38	-0.06	0.08	0.68	0.25	0.68	0.17	0.93	-0.47	0.21	0.69	0.87	0.0	0.32	0.39	-0.06	-0.15	0.05	-0.11		0.92
Common Stock	0.5	-0.12	0.21	0.83	0.46	-0.15	-0.02	0.29	0.6	0.47	0.6	0.38	0.87	-0.27	0.41	0.65	0.83	0.19	0.52	0.55	-0.1	0.04	0.04	0.07	0.92

Click cells to compare fundamentals

CBAK Energy Account Relationship Matchups

CBAK Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	95.6M	142.8M	262.6M	244.0M	281.2M	206.4M
Other Current Liab	20.3M	30.2M	29.3M	3.7M	38.4M	40.3M
Total Current Liabilities	59.0M	73.7M	112.8M	111.9M	160.5M	125.2M
Total Stockholder Equity	13.6M	52.4M	133.3M	117.5M	112.8M	60.6M
Property Plant And Equipment Net	67.1M	78.7M	119.4M	101.2M	130.5M	113.9M
Net Debt	34.7M	3.3M	7.8M	11.1M	(23.1M)	(21.9M)
Retained Earnings	(176.2M)	(184.0M)	(122.5M)	(131.9M)	(134.4M)	(127.7M)
Accounts Payable	11.2M	28.4M	65.4M	32.5M	82.8M	48.4M
Cash	1.6M	11.7M	7.4M	6.5M	58.8M	61.8M
Non Current Assets Total	67.1M	79.6M	139.8M	118.3M	152.7M	127.5M
Cash And Short Term Investments	1.6M	11.9M	8.1M	6.5M	58.8M	61.8M
Net Receivables	12.2M	37.0M	65.6M	32.9M	28.7M	34.7M
Common Stock Shares Outstanding	39.0M	62.0M	87.9M	88.9M	89.3M	93.7M
Liabilities And Stockholders Equity	95.6M	142.8M	262.6M	244.0M	281.2M	206.4M
Non Current Liabilities Total	22.9M	16.7M	9.0M	7.7M	7.2M	6.8M
Inventory	8.7M	5.3M	30.1M	49.4M	33.4M	24.9M
Other Current Assets	6.0M	9.0M	19.0M	6.0M	54.8M	57.6M
Other Stockholder Equity	190.2M	235.3M	252.0M	256.3M	257.5M	270.4M
Total Liab	81.9M	90.4M	121.7M	119.7M	167.7M	145.2M
Property Plant And Equipment Gross	67.1M	78.7M	119.4M	101.2M	178.3M	112.4M
Total Current Assets	28.5M	63.2M	122.8M	125.7M	128.4M	93.6M
Intangible Assets	15.2K	11.8K	15.8M	13.7M	841.4K	799.3K
Short Long Term Debt Total	40.4M	22.3M	15.2M	17.6M	35.7M	66.4M
Non Currrent Assets Other	7.3M	(67.1M)	31.0B	62.9K	18.8M	17.9M
Accumulated Other Comprehensive Income	(514.2K)	990.9K	3.7M	(6.9M)	(10.4M)	(9.9M)
Short Term Debt	26.8M	15.0M	14.3M	17.0M	35.3M	49.9M
Common Stock Total Equity	53.2K	79.3K	88.8K	89.1K	102.5K	107.6K
Common Stock	53.2K	79.3K	88.8K	89.1K	90.1K	94.6K
Other Liab	13.4M	16.7M	8.1M	7.1M	8.2M	13.8M
Net Tangible Assets	13.6M	52.4M	129.7M	116.2M	133.6M	140.3M
Noncontrolling Interest In Consolidated Entity	52.8K	7.7K	7.6M	6.9M	7.9M	8.3M
Long Term Debt	24.2M	24.9M	13.6M	7.3M	6.6M	6.2M
Retained Earnings Total Equity	(176.2M)	(184.0M)	(122.5M)	(131.9M)	(118.8M)	(124.7M)
Short Term Investments	63.2K	235.2K	790.5K	43.9K	108.5K	103.1K
Short Long Term Debt	26.8M	15.0M	13.5M	15.6M	32.9M	17.4M
Property Plant Equipment	59.9M	41.0M	90.0M	90.0M	81.0M	89.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for CBAK Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC