Celldex Net Income From Continuing Ops vs Gross Profit Analysis

CLDX Stock  USD 27.44  0.45  1.61%   
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 Net Income From Continuing Ops and its Gross Profit 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.

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celldex Therapeutics Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Celldex Therapeutics' Net Income From Continuing Ops and Gross Profit is -0.53. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit 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' Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Celldex Therapeutics are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Celldex Therapeutics' Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Celldex Therapeutics minus its cost of goods sold. It is profit before Celldex Therapeutics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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
Click cells to compare fundamentals

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

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 Celldex Stock Analysis

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