Caribou Income Before Tax vs Net Interest Income Analysis
CRBU Stock | USD 2.17 0.20 8.44% |
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 Income Before Tax and its Net Interest Income 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.
Income Before Tax vs Net Interest Income
Income Before Tax vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caribou Biosciences Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Caribou Biosciences' Income Before Tax and Net Interest Income is 0.86. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income 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' Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Caribou Biosciences are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Caribou Biosciences' Income Before Tax and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Caribou Biosciences income statement and is an important metric when analyzing Caribou Biosciences profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 Income | 236K | 148K | 133.2K | 126.5K | Net Interest Income | 216K | 140K | 126K | 119.7K |
Caribou Biosciences fundamental ratios Correlations
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Caribou Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.