Cytomx Therapeutics Stock Return On Asset

CTMX Stock  USD 0.89  0.02  2.30%   
CytomX Therapeutics fundamentals help investors to digest information that contributes to CytomX Therapeutics' financial success or failures. It also enables traders to predict the movement of CytomX Stock. The fundamental analysis module provides a way to measure CytomX Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CytomX Therapeutics stock.
Return On Assets is likely to drop to -0.003 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

CytomX Therapeutics Company Return On Asset Analysis

CytomX Therapeutics' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current CytomX Therapeutics Return On Asset

    
  0.0233  
Most of CytomX Therapeutics' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CytomX Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CytomX Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for CytomX Therapeutics is extremely important. It helps to project a fair market value of CytomX Stock properly, considering its historical fundamentals such as Return On Asset. Since CytomX Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CytomX Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CytomX Therapeutics' interrelated accounts and indicators.
0.650.56-0.84-0.60.670.19-0.110.90.891.00.55-0.52-0.110.440.840.82-0.110.56-0.02-0.29-0.11
0.65-0.12-0.630.050.78-0.330.280.610.240.660.690.10.280.210.90.180.280.00.570.340.28
0.56-0.12-0.22-0.980.080.49-0.680.590.740.530.14-0.94-0.680.270.260.88-0.680.88-0.77-0.94-0.68
-0.84-0.63-0.220.32-0.64-0.28-0.38-0.63-0.76-0.84-0.380.29-0.38-0.35-0.73-0.53-0.38-0.38-0.22-0.06-0.38
-0.60.05-0.980.32-0.13-0.50.57-0.59-0.76-0.57-0.110.970.57-0.36-0.33-0.890.57-0.940.730.930.57
0.670.780.08-0.64-0.130.050.120.630.390.690.790.020.120.30.860.240.120.030.210.140.12
0.19-0.330.49-0.28-0.50.05-0.030.20.470.190.04-0.45-0.03-0.050.00.33-0.030.38-0.69-0.45-0.03
-0.110.28-0.68-0.380.570.12-0.03-0.24-0.18-0.11-0.060.471.0-0.070.07-0.471.0-0.370.60.741.0
0.90.610.59-0.63-0.590.630.2-0.240.780.910.75-0.52-0.240.290.820.78-0.240.54-0.15-0.35-0.24
0.890.240.74-0.76-0.760.390.47-0.180.780.870.29-0.72-0.180.440.530.92-0.180.73-0.33-0.51-0.18
1.00.660.53-0.84-0.570.690.19-0.110.910.870.58-0.49-0.110.410.840.8-0.110.530.0-0.26-0.11
0.550.690.14-0.38-0.110.790.04-0.060.750.290.58-0.01-0.06-0.060.780.23-0.060.040.110.08-0.06
-0.520.1-0.940.290.970.02-0.450.47-0.52-0.72-0.49-0.010.47-0.32-0.25-0.850.47-0.980.690.90.47
-0.110.28-0.68-0.380.570.12-0.031.0-0.24-0.18-0.11-0.060.47-0.070.07-0.471.0-0.370.60.741.0
0.440.210.27-0.35-0.360.3-0.05-0.070.290.440.41-0.06-0.32-0.070.280.46-0.070.35-0.11-0.28-0.07
0.840.90.26-0.73-0.330.860.00.070.820.530.840.78-0.250.070.280.470.070.320.19-0.030.07
0.820.180.88-0.53-0.890.240.33-0.470.780.920.80.23-0.85-0.470.460.47-0.470.84-0.45-0.72-0.47
-0.110.28-0.68-0.380.570.12-0.031.0-0.24-0.18-0.11-0.060.471.0-0.070.07-0.47-0.370.60.741.0
0.560.00.88-0.38-0.940.030.38-0.370.540.730.530.04-0.98-0.370.350.320.84-0.37-0.58-0.83-0.37
-0.020.57-0.77-0.220.730.21-0.690.6-0.15-0.330.00.110.690.6-0.110.19-0.450.6-0.580.880.6
-0.290.34-0.94-0.060.930.14-0.450.74-0.35-0.51-0.260.080.90.74-0.28-0.03-0.720.74-0.830.880.74
-0.110.28-0.68-0.380.570.12-0.031.0-0.24-0.18-0.11-0.060.471.0-0.070.07-0.471.0-0.370.60.74
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

CytomX Total Assets

Total Assets

284.04 Million

At this time, CytomX Therapeutics' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, CytomX Therapeutics has a Return On Asset of 0.0233. This is 100.27% lower than that of the Biotechnology sector and 100.1% lower than that of the Health Care industry. The return on asset for all United States stocks is 116.64% lower than that of the firm.

CytomX Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CytomX Therapeutics' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CytomX Therapeutics could also be used in its relative valuation, which is a method of valuing CytomX Therapeutics by comparing valuation metrics of similar companies.
CytomX Therapeutics is currently under evaluation in return on asset category among its peers.

CytomX Therapeutics Current Valuation Drivers

We derive many important indicators used in calculating different scores of CytomX Therapeutics from analyzing CytomX Therapeutics' financial statements. These drivers represent accounts that assess CytomX Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CytomX Therapeutics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap376.7M302.3M277.8M105.2M114.4M108.7M
Enterprise Value213.2M135.3M90.3M(70.4M)111.2M105.6M

CytomX Fundamentals

About CytomX Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CytomX Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CytomX Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CytomX Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CytomX Stock Analysis

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