Correlate Infrastructure Partners Inc

Company Profile

Correlate Infrastructure Partners Inc had its IPO on under the ticker symbol CIPI.

The company operates in the Industrials sector and Engineering & Construction industry. Correlate Infrastructure Partners Inc has a staff strength of 3 employees.

Stock update

Shares of Correlate Infrastructure Partners Inc opened at $0.7 at the start of the last trading session i.e. 2023-03-29.

The stocks traded within a range of $0.7 - $0.83, and closed at $0.83.

This is a +0.61% increase from the previous day's closing price.

A total volume of 1,921 shares were traded at the close of the day’s session.

In the last one week, shares of Correlate Infrastructure Partners Inc have slipped by -8.33%.

Correlate Infrastructure Partners Inc's Key Ratios

Correlate Infrastructure Partners Inc has a market cap of $28.89 million, indicating a price to book ratio of 89.9187 and a price to sales ratio of 13.8753.

In the last 12-months Correlate Infrastructure Partners Inc’s revenue was $2.69 million with a gross profit of $9695 and an EBITDA of $0. The EBITDA ratio measures Correlate Infrastructure Partners Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Correlate Infrastructure Partners Inc’s operating margin was -168.26% while its return on assets stood at -259.91% with a return of equity of -792.85%.

In Q3, Correlate Infrastructure Partners Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 15023.8%.

Correlate Infrastructure Partners Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.15 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Correlate Infrastructure Partners Inc’s profitability.

Correlate Infrastructure Partners Inc stock is trading at a EV to sales ratio of 17.4243 and a EV to EBITDA ratio of -10.3556. Its price to sales ratio in the trailing 12-months stood at 13.8753.

Correlate Infrastructure Partners Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.17 million

Total Liabilities

$3.29 million

Operating Cash Flow

$-8305.00

Capital Expenditure

$8305

Dividend Payout Ratio

0%

Correlate Infrastructure Partners Inc ended 2023 with $2.17 million in total assets and $0 in total liabilities. Its intangible assets were valued at $2.17 million while shareholder equity stood at $-1326334.00.

Correlate Infrastructure Partners Inc ended 2023 with $0 in deferred long-term liabilities, $3.29 million in other current liabilities, 3514.00 in common stock, $-6367225.00 in retained earnings and $762851.00 in goodwill. Its cash balance stood at $348688.00 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $207051.00.

Correlate Infrastructure Partners Inc’s total current assets stands at $1.04 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $423835.00 compared to accounts payable of $814780.00 and inventory worth $174843.00.

In 2023, Correlate Infrastructure Partners Inc's operating cash flow was $-8305.00 while its capital expenditure stood at $8305.

Comparatively, Correlate Infrastructure Partners Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.83

52-Week High

$1.7

52-Week Low

$0.52

Analyst Target Price

$

Correlate Infrastructure Partners Inc stock is currently trading at $0.83 per share. It touched a 52-week high of $1.7 and a 52-week low of $1.7. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.97 and 200-day moving average was $1.27 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4957.7% of the company’s stock are held by insiders while 0% are held by institutions.