Oncternal Therapeutics Financials

ONCT Stock  USD 0.71  0.43  37.72%   
Based on the key indicators related to Oncternal Therapeutics' liquidity, profitability, solvency, and operating efficiency, Oncternal Therapeutics is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Oncternal Therapeutics' Accounts Payable is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 1.6 M in 2024, whereas Cash is likely to drop slightly above 6.4 M in 2024. Key indicators impacting Oncternal Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00550.0062
Fairly Down
Slightly volatile
Current Ratio6.46.9371
Significantly Down
Pretty Stable
The essential information of the day-to-day investment outlook for Oncternal Therapeutics includes many different criteria found on its balance sheet. An individual investor should monitor Oncternal Therapeutics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Oncternal Therapeutics.

Net Income

(41.45 Million)

  
Understanding current and past Oncternal Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oncternal Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Oncternal Therapeutics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Oncternal Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Oncternal Therapeutics. Check Oncternal Therapeutics' Beneish M Score to see the likelihood of Oncternal Therapeutics' management manipulating its earnings.

Oncternal Therapeutics Stock Summary

Oncternal Therapeutics competes with CytomX Therapeutics, Assembly Biosciences, Instil Bio, Nuvation Bio, and Protara Therapeutics. Oncternal Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of oncology therapies for cancers with critical unmet medical needs. Oncternal Therapeutics, Inc. has a research collaboration with Celularity Inc. to evaluate placental derived-cellular therapies targeting ROR1. Oncternal Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 26 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS68236P1075
CUSIP68236P107 40052B108 40052B207 68236P206
LocationCalifornia; U.S.A
Business Address12230 El Camino
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.oncternal.com
Phone858 434 1113
CurrencyUSD - US Dollar

Oncternal Therapeutics Key Financial Ratios

Oncternal Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.7M118.8M93.6M68.7M36.7M61.3M
Net Debt(19.9M)(116.7M)(90.7M)(37.1M)(6.4M)(6.7M)
Retained Earnings(65.6M)(82.8M)(114.1M)(158.3M)(197.8M)(207.7M)
Cash20.1M116.7M90.8M37.1M6.7M6.4M
Other Assets767K806K657K1.3M1.1M1.7M
Total Liab7.4M5.9M5.5M7.7M6.7M6.3M
Total Current Assets20.8M118.0M92.9M67.3M36.1M58.6M
Other Current Liab2.7M3.0M3.4M4.7M3.9M7.3M
Accounts Payable871K1.1M2.0M2.9M1.1M1.6M
Other Current Assets736K2.5M1.5M3.4M1.2M1.6M
Common Stock24K15K49K57K3K2.9K
Net Tangible Assets14.4M113.0M88.1M61.0M70.1M35.9M
Capital Surpluse626.1M79.9M195.7M219.2M197.3M340.7M
Net Invested Capital14.3M113.0M88.1M61.0M30.1M58.3M
Net Working Capital13.4M112.1M87.4M59.6M30.9M57.8M

Oncternal Therapeutics Key Income Statement Accounts

The reason investors look at the income statement is to determine what Oncternal Therapeutics' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Operating Income(33.1M)(17.5M)(31.4M)(44.9M)(41.7M)(43.8M)
Ebit(33.1M)(17.5M)(31.4M)(44.9M)(39.5M)(41.5M)
Research Development10.2M12.5M24.1M33.0M29.8M25.1M
Ebitda(14.8M)(17.5M)(31.3M)(44.2M)2.2M2.3M
Net Income(15.9M)(17.2M)(31.3M)(43.4M)(39.5M)(41.5M)
Income Tax Expense(18.3M)(16K)(33K)(777K)(41.7M)(39.6M)
Income Before Tax(34.2M)(17.2M)(31.3M)(44.2M)(39.5M)(41.5M)
Total Revenue2.4M3.4M4.3M1.5M785K745.8K
Gross Profit(7.7M)3.4M4.3M1.5M(29.0M)(27.5M)
Cost Of Revenue10.2M12M169K179K29.8M31.2M

Oncternal Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Oncternal Therapeutics's current stock value. Our valuation model uses many indicators to compare Oncternal Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oncternal Therapeutics competition to find correlations between indicators driving Oncternal Therapeutics's intrinsic value. More Info.
Oncternal Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Oncternal Therapeutics' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Oncternal Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Oncternal Therapeutics Systematic Risk

Oncternal Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oncternal Therapeutics 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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Oncternal Therapeutics correlated with the market. If Beta is less than 0 Oncternal Therapeutics generally moves in the opposite direction as compared to the market. If Oncternal Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oncternal Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oncternal Therapeutics is generally in the same direction as the market. If Beta > 1 Oncternal Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.

Oncternal Therapeutics Thematic Clasifications

Oncternal Therapeutics is part of Biotech 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. Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services
BiotechView
This theme covers Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services. Get More Thematic Ideas
Today, most investors in Oncternal Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oncternal Therapeutics' 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 Oncternal Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0451

At this time, Oncternal Therapeutics' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Oncternal Therapeutics November 26, 2024 Opportunity Range

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

Additional Tools for Oncternal Stock Analysis

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