Cytek Biosciences Financials

CTKB Stock  USD 6.53  0.03  0.46%   
Based on the key indicators related to Cytek Biosciences' liquidity, profitability, solvency, and operating efficiency, Cytek Biosciences is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Cytek Biosciences' Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 30.7 M, whereas Total Assets are forecasted to decline to about 389 M. Key indicators impacting Cytek Biosciences' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.526.9729
Notably Down
Slightly volatile
Investors should never underestimate Cytek Biosciences' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cytek Biosciences' cash flow, debt, and profitability to make informed and accurate decisions about investing in Cytek Biosciences.

Net Income

(11.54 Million)

  
Understanding current and past Cytek Biosciences Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cytek Biosciences' financial statements are interrelated, with each one affecting the others. For example, an increase in Cytek Biosciences' assets may result in an increase in income on the income statement.

Cytek Biosciences Earnings Geography

Please note, the presentation of Cytek Biosciences' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cytek Biosciences' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cytek Biosciences' management manipulating its earnings.

Cytek Biosciences Stock Summary

Cytek Biosciences competes with Orthopediatrics Corp, Electromed, Pulmonx Corp, Treace Medical, and Orthofix Medical. Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitates scientific advances in biomedical research and clinical applications. Cytek Biosciences, Inc. was founded in 1992 and is headquartered in Fremont, California. Cytek Biosciences operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 555 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS23285D1090
CUSIP23285D109
LocationCalifornia; U.S.A
Business Address47215 Lakeview Boulevard,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitecytekbio.com
Phone877 922 9835
CurrencyUSD - US Dollar

Cytek Biosciences Key Financial Ratios

Cytek Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cytek Biosciences's current stock value. Our valuation model uses many indicators to compare Cytek Biosciences value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cytek Biosciences competition to find correlations between indicators driving Cytek Biosciences's intrinsic value. More Info.
Cytek Biosciences is rated second in return on equity category among its peers. It is rated fourth in return on asset category among its peers . At present, Cytek Biosciences' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cytek Biosciences' earnings, one of the primary drivers of an investment's value.

Cytek Biosciences' Earnings Breakdown by Geography

Cytek Biosciences Systematic Risk

Cytek Biosciences' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cytek Biosciences volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cytek Biosciences correlated with the market. If Beta is less than 0 Cytek Biosciences generally moves in the opposite direction as compared to the market. If Cytek Biosciences Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cytek Biosciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cytek Biosciences is generally in the same direction as the market. If Beta > 1 Cytek Biosciences moves generally in the same direction as, but more than the movement of the benchmark.

Cytek Biosciences Thematic Clasifications

Cytek Biosciences is part of Drugs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery
DrugsView
This theme covers Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. Get More Thematic Ideas
Today, most investors in Cytek Biosciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cytek Biosciences' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cytek Biosciences growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At present, Cytek Biosciences' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Cytek Biosciences November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cytek Biosciences help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cytek Biosciences. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cytek Biosciences based on widely used predictive technical indicators. In general, we focus on analyzing Cytek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cytek Biosciences's daily price indicators and compare them against related drivers.

Complementary Tools for Cytek Stock analysis

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