Cullinan Depreciation And Amortization vs Income Before Tax Analysis
CGEM Stock | USD 12.22 0.36 2.86% |
Cullinan Oncology financial indicator trend analysis is way more than just evaluating Cullinan Oncology LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cullinan Oncology LLC is a good investment. Please check the relationship between Cullinan Oncology Depreciation And Amortization and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cullinan Oncology LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cullinan Oncology LLC Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cullinan Oncology's Depreciation And Amortization and Income Before Tax is -0.7. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Cullinan Oncology LLC, assuming nothing else is changed. The correlation between historical values of Cullinan Oncology's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Cullinan Oncology LLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Cullinan Oncology's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Cullinan Oncology income statement and is an important metric when analyzing Cullinan Oncology LLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Cullinan Oncology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cullinan Oncology LLC 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 Cullinan Oncology LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 44.6 M, though Tax Provision is likely to grow to (13.4 M).
2023 | 2024 (projected) | Non Recurring | 183.9K | 97.2K | Research Development | 148.2M | 155.6M |
Cullinan Oncology fundamental ratios Correlations
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Cullinan Oncology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cullinan Oncology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 100.5M | 214.7M | 437.2M | 561.1M | 484.2M | 508.4M | |
Total Current Liabilities | 2.5M | 14.3M | 11.7M | 22.5M | 28.1M | 29.5M | |
Accounts Payable | 934K | 9.7M | 3.2M | 2.7M | 2.5M | 2.0M | |
Other Current Assets | 1.5M | 4.1M | 12.2M | 7.2M | 13.1M | 13.8M | |
Total Liab | 140.4M | 291.0M | 11.8M | 26.1M | 30.3M | 55.9M | |
Total Stockholder Equity | (40.8M) | (77.6M) | 422.6M | 535.0M | 453.7M | 476.4M | |
Net Tangible Assets | (40.8M) | (77.6M) | 425.0M | 535.0M | 615.3M | 646.0M | |
Retained Earnings | (41.5M) | (93.3M) | (158.9M) | (47.7M) | (200.9M) | (190.8M) | |
Cash | 63.3M | 168.2M | 430.9M | 550.1M | 98.4M | 147.9M | |
Total Current Assets | 100.1M | 212.3M | 296.6M | 474.5M | 480.2M | 504.2M | |
Other Current Liab | 1.6M | 4.6M | 8.6M | 14.0M | 22.8M | 23.9M | |
Property Plant And Equipment Net | 182K | 130K | 77K | 5.3M | 3.5M | 3.7M | |
Net Debt | (63.3M) | (168.2M) | (430.9M) | (544.9M) | (94.8M) | (99.6M) | |
Non Current Assets Total | 370K | 2.4M | 140.6M | 86.6M | 4.0M | 3.8M | |
Cash And Short Term Investments | 98.6M | 210.2M | 430.9M | 550.1M | 467.1M | 328.3M | |
Short Term Investments | 35.4M | 42.0M | 230.7M | 311.1M | 368.6M | 387.1M | |
Liabilities And Stockholders Equity | 100.5M | 214.7M | 434.8M | 561.1M | 484.2M | 335.5M | |
Non Current Liabilities Total | 137.8M | 276.7M | 65K | 3.6M | 2.2M | 2.0M | |
Other Stockholder Equity | (137.0M) | 15.7M | 584.7M | 585.3M | 654.7M | 687.4M | |
Net Invested Capital | (40.8M) | (77.6M) | 425.0M | 535.2M | 453.7M | 233.7M | |
Property Plant And Equipment Gross | 182K | 130K | 309K | 5.4M | 3.9M | 4.1M | |
Accumulated Other Comprehensive Income | (4K) | (2K) | (838K) | (2.6M) | (129K) | (135.5K) | |
Net Working Capital | 97.6M | 198.0M | 284.8M | 452.0M | 452.1M | 278.2M | |
Property Plant Equipment | 182K | 130K | 77K | 1.2M | 1.4M | 1.4M |
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Is Biotechnology space 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 Cullinan Oncology. If investors know Cullinan 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 Cullinan Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.84) | Return On Assets (0.20) | Return On Equity (0.27) |
The market value of Cullinan Oncology LLC is measured differently than its book value, which is the value of Cullinan that is recorded on the company's balance sheet. Investors also form their own opinion of Cullinan Oncology's value that differs from its market value or its book value, called intrinsic value, which is Cullinan Oncology'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 Cullinan Oncology's market value can be influenced by many factors that don't directly affect Cullinan Oncology'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 Cullinan Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cullinan Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cullinan Oncology'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.