Celldex Interest Income vs Income Before Tax Analysis

CLDX Stock  USD 26.76  1.38  4.90%   
Celldex Therapeutics financial indicator trend analysis is way more than just evaluating Celldex Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celldex Therapeutics is a good investment. Please check the relationship between Celldex Therapeutics Interest Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celldex Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Celldex Stock please use our How to Invest in Celldex Therapeutics guide.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celldex Therapeutics Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Celldex Therapeutics' Interest Income and Income Before Tax is -0.48. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Celldex Therapeutics, assuming nothing else is changed. The correlation between historical values of Celldex Therapeutics' Interest Income 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 Interest Income of Celldex Therapeutics 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 Interest Income i.e., Celldex Therapeutics' Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Celldex Therapeutics income statement and is an important metric when analyzing Celldex Therapeutics 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 Celldex Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celldex Therapeutics 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 Celldex Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Celldex Stock please use our How to Invest in Celldex Therapeutics guide.At this time, Celldex Therapeutics' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 29.4 M in 2024.
 2023 2024 (projected)
Extraordinary Items17.2M15.3M
Reconciled Depreciation2.9M3.1M

Celldex Therapeutics fundamental ratios Correlations

0.750.790.980.28-0.43-0.670.390.210.940.690.120.420.80.330.830.940.36-0.040.140.73-0.270.030.390.390.19
0.750.670.690.29-0.34-0.460.30.360.630.480.370.290.560.480.590.630.45-0.03-0.010.59-0.10.00.30.30.52
0.790.670.70.71-0.29-0.380.280.510.620.270.440.360.490.660.510.620.410.350.060.610.060.360.670.670.47
0.980.690.70.16-0.43-0.690.40.050.980.76-0.050.40.820.160.870.980.31-0.170.20.75-0.32-0.070.270.270.03
0.280.290.710.16-0.380.230.410.630.06-0.420.60.1-0.150.73-0.10.060.080.64-0.080.110.370.60.750.750.53
-0.43-0.34-0.29-0.43-0.38-0.07-0.99-0.05-0.420.060.020.02-0.05-0.09-0.05-0.420.030.05-0.07-0.230.30.13-0.39-0.390.03
-0.67-0.46-0.38-0.690.23-0.070.11-0.05-0.65-0.870.04-0.51-0.98-0.06-0.75-0.66-0.60.210.22-0.560.330.130.220.22-0.08
0.390.30.280.40.41-0.990.110.050.38-0.1-0.02-0.040.010.090.010.38-0.07-0.050.090.18-0.21-0.050.390.39-0.05
0.210.360.510.050.63-0.05-0.050.05-0.14-0.260.960.180.040.95-0.1-0.130.290.68-0.25-0.050.230.560.670.670.87
0.940.630.620.980.06-0.42-0.650.38-0.140.78-0.220.350.79-0.010.871.00.25-0.280.240.75-0.36-0.170.160.16-0.12
0.690.480.270.76-0.420.06-0.87-0.1-0.260.78-0.330.420.9-0.220.90.790.33-0.520.140.66-0.31-0.27-0.28-0.28-0.19
0.120.370.44-0.050.60.020.04-0.020.96-0.22-0.330.16-0.060.96-0.18-0.220.240.7-0.34-0.160.230.490.620.610.95
0.420.290.360.40.10.02-0.51-0.040.180.350.420.160.490.260.530.370.160.19-0.20.57-0.170.020.070.070.22
0.80.560.490.82-0.15-0.05-0.980.010.040.790.9-0.060.490.080.830.790.57-0.22-0.110.66-0.34-0.13-0.11-0.110.06
0.330.480.660.160.73-0.09-0.060.090.95-0.01-0.220.960.260.08-0.010.00.280.7-0.270.040.210.530.720.720.91
0.830.590.510.87-0.1-0.05-0.750.01-0.10.870.9-0.180.530.83-0.010.880.2-0.350.310.77-0.16-0.07-0.010.0-0.06
0.940.630.620.980.06-0.42-0.660.38-0.131.00.79-0.220.370.790.00.880.26-0.280.230.75-0.36-0.170.160.16-0.11
0.360.450.410.310.080.03-0.6-0.070.290.250.330.240.160.570.280.20.260.28-0.510.33-0.20.08-0.03-0.020.29
-0.04-0.030.35-0.170.640.050.21-0.050.68-0.28-0.520.70.19-0.220.7-0.35-0.280.28-0.47-0.150.060.450.550.550.59
0.14-0.010.060.2-0.08-0.070.220.09-0.250.240.14-0.34-0.2-0.11-0.270.310.23-0.51-0.470.30.1-0.060.260.27-0.43
0.730.590.610.750.11-0.23-0.560.18-0.050.750.66-0.160.570.660.040.770.750.33-0.150.3-0.32-0.240.190.2-0.06
-0.27-0.10.06-0.320.370.30.33-0.210.23-0.36-0.310.23-0.17-0.340.21-0.16-0.36-0.20.060.1-0.320.80.070.060.19
0.030.00.36-0.070.60.130.13-0.050.56-0.17-0.270.490.02-0.130.53-0.07-0.170.080.45-0.06-0.240.80.390.390.36
0.390.30.670.270.75-0.390.220.390.670.16-0.280.620.07-0.110.72-0.010.16-0.030.550.260.190.070.391.00.45
0.390.30.670.270.75-0.390.220.390.670.16-0.280.610.07-0.110.720.00.16-0.020.550.270.20.060.391.00.45
0.190.520.470.030.530.03-0.08-0.050.87-0.12-0.190.950.220.060.91-0.06-0.110.290.59-0.43-0.060.190.360.450.45
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Celldex Therapeutics Account Relationship Matchups

Celldex Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets122.9M235.8M444.7M352.7M465.6M488.9M
Other Current Liab2.0M10.5M11.8M12.4M24.4M25.6M
Total Current Liabilities11.6M14.2M16.5M18.6M31.1M32.7M
Total Stockholder Equity94.0M209.4M419.5M326.2M429.2M450.6M
Property Plant And Equipment Net4.0M3.8M3.6M3.7M6.6M5.7M
Net Debt(7.6M)(40.4M)(36.1M)(25.4M)(32.3M)(33.9M)
Retained Earnings(1.0B)(1.1B)(1.1B)(1.3B)(1.4B)(1.3B)
Cash11.2M43.8M39.1M29.4M34.8M31.5M
Non Current Assets Total56.2M38.0M33.8M35.0M33.9M31.0M
Cash And Short Term Investments64.4M194.4M408.3M305.0M423.6M444.8M
Common Stock Shares Outstanding14.5M29.6M42.9M46.9M48.4M50.9M
Liabilities And Stockholders Equity122.9M235.8M444.7M352.7M465.6M488.9M
Non Current Liabilities Total17.3M12.3M8.7M7.9M5.3M5.1M
Other Current Assets2.3M1.6M2.4M12.4M5.5M2.8M
Other Stockholder Equity1.1B1.3B1.6B1.6B1.8B1.9B
Total Liab28.9M26.5M25.2M26.5M36.5M25.7M
Property Plant And Equipment Gross7.5M7.3M27.6M29.4M29.0M30.5M
Total Current Assets66.7M197.8M410.8M317.7M431.7M453.3M
Accumulated Other Comprehensive Income2.6M2.6M1.9M1.3M3.3M3.5M
Net Receivables1.0M1.8M172K347K2.6M2.8M
Inventory(1.0M)(1.8M)(172K)(347K)1.00.95
Accounts Payable1.2M1.0M1.2M3.3M3.5M3.7M
Short Long Term Debt Total3.7M3.5M3.0M4.0M2.5M4.6M
Short Term Debt1.9M2.7M3.5M2.9M3.2M2.9M
Common Stock Total Equity12K17K40K47K54.1K65.1K
Common Stock12K17K40K47K56K64.5K
Intangible Assets52.2M34.2M30.3M31.3M27.2M34.2M
Current Deferred Revenue2.5M6.5M8.5M12M10.8M10.3M
Other Liab15.6M10.1M7.4M5.3M6.1M5.8M
Property Plant Equipment4.0M7.3M6.5M7.7M7.0M7.2M
Short Term Investments53.2M150.6M369.1M275.5M388.8M408.2M
Net Tangible Assets45.3M178.7M392.3M299.0M343.9M361.1M
Retained Earnings Total Equity(962.4M)(1.0B)(1.1B)(1.1B)(1.0B)(1.1B)
Capital Surpluse1.1B1.1B1.3B1.6B1.8B1.0B
Non Current Liabilities Other17.3M10.1M7.4M5.3M4.4M4.2M

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