CBAK Net Debt vs Retained Earnings Analysis

CBAT Stock

USD 1.08 0.03 2.86%

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 Debt and its Retained Earnings 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBAK Energy Technology Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between CBAK Energy's Net Debt and Retained Earnings is -0.03. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings 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 Debt and Retained Earnings 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 Debt of CBAK Energy Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., CBAK Energy's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 tightly coupled 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 6.53 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	0.95	0.38	0.99	0.38	0.9	0.15	0.35	0.95	0.09	0.25	0.91	0.98	0.98	0.22	0.84	-0.24	0.84	0.3	0.5
Other Current Liab	-0.47		-0.48	-0.13	-0.61	-0.55	-0.12	-0.54	0.07	-0.53	0.07	-0.43	0.22	-0.49	-0.46	0.07	0.16	-0.51	-0.5	-0.37	0.24	-0.53	0.11	-0.46	0.26	-0.12
Total Current Liabilities	0.92	-0.48		0.22	0.92	0.86	-0.12	0.95	0.28	0.93	0.28	0.84	-0.1	0.5	0.9	-0.05	0.03	0.99	0.91	0.89	0.27	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	0.39	0.43	0.53	0.43	0.47	0.62	-0.27	0.51	0.35	0.56	0.18	0.56	0.61	0.07	0.09	-0.03	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	0.87	0.06	0.42	0.93	0.0	0.17	0.92	0.98	0.93	0.11	0.89	-0.21	0.87	0.22	0.46
Net Debt	0.72	-0.55	0.86	-0.04	0.77		-0.03	0.77	-0.16	0.76	-0.17	0.66	-0.51	0.74	0.74	-0.12	-0.35	0.89	0.69	0.64	-0.04	0.93	-0.23	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	-0.01	-0.18	-0.22	0.08	0.01	-0.44	-0.13	0.04	0.02	-0.37	-0.01	-0.2	-0.02	-0.06	-0.02
Accounts Payable	0.95	-0.54	0.95	0.39	0.94	0.77	-0.04		0.31	0.95	0.31	0.83	0.05	0.42	0.95	0.08	0.14	0.94	0.94	0.93	0.3	0.87	-0.32	0.87	0.14	0.36
Cash	0.38	0.07	0.28	0.43	0.35	-0.16	0.06	0.31		0.38	1.0	0.25	0.58	-0.42	0.3	-0.1	0.52	0.24	0.47	0.41	0.35	0.2	-0.05	0.22	0.68	0.6
Non Current Assets Total	0.99	-0.53	0.93	0.53	0.99	0.76	0.06	0.95	0.38		0.38	0.88	0.09	0.39	0.94	0.02	0.2	0.92	0.99	0.95	0.17	0.88	-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	0.31	1.0	0.38		0.26	0.59	-0.43	0.3	-0.1	0.53	0.24	0.47	0.41	0.35	0.2	-0.05	0.22	0.68	0.6
Net Receivables	0.9	-0.43	0.84	0.47	0.87	0.66	-0.01	0.83	0.25	0.88	0.26		0.13	0.41	0.79	0.0	0.24	0.85	0.84	0.92	0.14	0.75	-0.2	0.73	0.26	0.46
Common Stock Shares Outstanding	0.15	0.22	-0.1	0.62	0.06	-0.51	-0.18	0.05	0.58	0.09	0.59	0.13		-0.61	0.1	0.4	0.9	-0.14	0.15	0.25	0.44	-0.3	0.05	-0.27	0.93	0.87
Non Current Liabilities Total	0.35	-0.49	0.5	-0.27	0.42	0.74	-0.22	0.42	-0.42	0.39	-0.43	0.41	-0.61		0.32	-0.23	-0.32	0.56	0.33	0.26	-0.32	0.59	-0.23	0.51	-0.53	-0.32
Inventory	0.95	-0.46	0.9	0.51	0.93	0.74	0.08	0.95	0.3	0.94	0.3	0.79	0.1	0.32		0.28	0.16	0.89	0.92	0.94	0.3	0.83	-0.35	0.84	0.22	0.41
Other Current Assets	0.09	0.07	-0.05	0.35	0.0	-0.12	0.01	0.08	-0.1	0.02	-0.1	0.0	0.4	-0.23	0.28		0.32	-0.07	-0.01	0.18	0.25	-0.16	-0.11	-0.14	0.31	0.32
Other Stockholder Equity	0.25	0.16	0.03	0.56	0.17	-0.35	-0.44	0.14	0.52	0.2	0.53	0.24	0.9	-0.32	0.16	0.32		0.01	0.25	0.33	0.4	-0.16	0.14	-0.15	0.87	0.83
Total Liab	0.91	-0.51	0.99	0.18	0.92	0.89	-0.13	0.94	0.24	0.92	0.24	0.85	-0.14	0.56	0.89	-0.07	0.01		0.9	0.87	0.21	0.96	-0.27	0.96	-0.01	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	0.84	0.15	0.33	0.92	-0.01	0.25	0.9		0.94	0.18	0.84	-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	0.93	0.41	0.95	0.41	0.92	0.25	0.26	0.94	0.18	0.33	0.87	0.94		0.29	0.77	-0.26	0.77	0.39	0.55
Intangible Assets	0.22	0.24	0.27	0.07	0.11	-0.04	-0.37	0.3	0.35	0.17	0.35	0.14	0.44	-0.32	0.3	0.25	0.4	0.21	0.18	0.29		0.09	-0.18	0.18	0.3	0.19
Short Long Term Debt Total	0.84	-0.53	0.95	0.09	0.89	0.93	-0.01	0.87	0.2	0.88	0.2	0.75	-0.3	0.59	0.83	-0.16	-0.16	0.96	0.84	0.77	0.09		-0.26	0.99	-0.13	0.06
Non Currrent Assets Other	-0.24	0.11	-0.27	-0.03	-0.21	-0.23	-0.2	-0.32	-0.05	-0.23	-0.05	-0.2	0.05	-0.23	-0.35	-0.11	0.14	-0.27	-0.22	-0.26	-0.18	-0.26		-0.22	0.07	0.05
Short Term Debt	0.84	-0.46	0.96	0.1	0.87	0.92	-0.02	0.87	0.22	0.87	0.22	0.73	-0.27	0.51	0.84	-0.14	-0.15	0.96	0.84	0.77	0.18	0.99	-0.22		-0.11	0.07
Common Stock Total Equity	0.3	0.26	0.03	0.74	0.22	-0.38	-0.06	0.14	0.68	0.25	0.68	0.26	0.93	-0.53	0.22	0.31	0.87	-0.01	0.32	0.39	0.3	-0.13	0.07	-0.11		0.92
Common Stock	0.5	-0.12	0.21	0.83	0.46	-0.15	-0.02	0.36	0.6	0.47	0.6	0.46	0.87	-0.32	0.41	0.32	0.83	0.19	0.52	0.55	0.19	0.06	0.05	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	26.1M	41.6M	43.7M
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	67.5M	82.8M	50.0M
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	38.9M	33.8M	48.2M
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	997.9K	948.0K
Inventory	8.7M	5.3M	30.1M	49.4M	34.8M	25.0M
Other Current Assets	6.0M	9.0M	19.0M	42.3B	1.0M	994.0K
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	161.5M	145.0M
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	12.6M	13.2M
Short Long Term Debt Total	36.3M	15.0M	15.2M	17.6M	35.7M	63.3M
Non Currrent Assets Other	(67.1M)	31.0B	62.9K	23.6M	840.5M	798.5M
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

Pair Trading with CBAK Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CBAK Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CBAK Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against CBAK Stock

0.47

WIRE

Encore Wire

Pair Corr

The ability to find closely correlated positions to CBAK Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CBAK Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CBAK Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CBAK Energy Technology to buy it.

The correlation of CBAK Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CBAK Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CBAK Energy Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CBAK Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CBAK Energy Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CBAK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cbak Energy Technology Stock. Highlighted below are key reports to facilitate an investment decision about Cbak Energy Technology Stock:

How To Invest In CBAK

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Is CBAK Stock a good investment?

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What is CBAK Energy's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the CBAK Energy Technology information on this page should be used as a complementary analysis to other CBAK Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary 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.

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Is CBAK Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CBAK Energy. If investors know CBAK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CBAK Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.55)

Earnings Share

(0.03)

Revenue Per Share

2.291

Quarterly Revenue Growth

0.032

Return On Assets

(0.0004)

The market value of CBAK Energy Technology is measured differently than its book value, which is the value of CBAK that is recorded on the company's balance sheet. Investors also form their own opinion of CBAK Energy's value that differs from its market value or its book value, called intrinsic value, which is CBAK Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CBAK Energy's market value can be influenced by many factors that don't directly affect CBAK Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CBAK Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CBAK Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CBAK Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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CBAK Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

CBAK Energy fundamental ratios Correlations

CBAK Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CBAK Energy fundamental ratios Accounts

Pair Trading with CBAK Energy

Moving against CBAK Stock

Complementary Tools for CBAK Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Short Term Debt	+ 0.99	Short Long Term Debt Total

Non Current Liabilities Total	- 0.61	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.61	Other Current Liab
Net Debt	- 0.55	Other Current Liab
Accounts Payable	- 0.54	Other Current Liab
Common Stock Total Equity	- 0.53	Non Current Liabilities Total
Short Long Term Debt Total	- 0.53	Other Current Liab