Cellectar Historical Income Statement

CLRB Stock  USD 1.54  0.01  0.65%   
Historical analysis of Cellectar Biosciences income statement accounts such as Interest Expense of 363.4 K, Selling General Administrative of 11.3 M or Total Revenue of 0.0 can show how well Cellectar Biosciences performed in making a profits. Evaluating Cellectar Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cellectar Biosciences's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cellectar Biosciences latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cellectar Biosciences is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cellectar Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.

About Cellectar Income Statement Analysis

Cellectar Biosciences Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cellectar Biosciences shareholders. The income statement also shows Cellectar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cellectar Biosciences Income Statement Chart

At present, Cellectar Biosciences' Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 363.4 K, whereas Gross Profit is forecasted to decline to (202 K).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cellectar Biosciences. It is also known as Cellectar Biosciences overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Cellectar Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cellectar Biosciences current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Cellectar Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.At present, Cellectar Biosciences' Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 363.4 K, whereas Gross Profit is forecasted to decline to (202 K).
 2021 2022 2023 2024 (projected)
Net Interest Income2.3K152.5K395.4K415.1K
Interest Income2.3K152.5K395.4K649.7K

Cellectar Biosciences income statement Correlations

-0.02-0.21-0.8-0.150.180.15-0.140.18-0.150.160.050.160.070.80.2-0.070.040.05-0.160.510.09
-0.020.430.230.44-0.43-0.420.44-0.420.44-0.440.05-0.430.3-0.22-0.45-0.05-0.080.030.55-0.1-0.47
-0.210.43-0.020.98-0.98-0.980.97-0.980.98-0.970.06-0.970.170.05-0.930.63-0.54-0.60.88-0.7-0.75
-0.80.23-0.02-0.060.050.08-0.070.05-0.060.05-0.090.050.07-1.00.0-0.230.210.370.04-0.13-0.04
-0.150.440.98-0.06-1.0-0.991.0-0.991.0-0.990.02-0.990.250.09-0.960.62-0.58-0.620.9-0.69-0.79
0.18-0.43-0.980.05-1.00.99-0.990.99-1.00.990.010.99-0.27-0.080.97-0.630.60.63-0.890.70.76
0.15-0.42-0.980.08-0.990.99-0.991.0-0.990.97-0.140.97-0.15-0.110.93-0.560.490.58-0.880.650.75
-0.140.440.97-0.071.0-0.99-0.99-0.981.0-0.990.01-0.990.270.11-0.970.61-0.58-0.620.9-0.67-0.8
0.18-0.42-0.980.05-0.990.991.0-0.98-0.990.97-0.140.97-0.15-0.080.93-0.560.490.58-0.880.660.75
-0.150.440.98-0.061.0-1.0-0.991.0-0.99-0.990.02-0.990.250.09-0.960.62-0.58-0.620.9-0.69-0.79
0.16-0.44-0.970.05-0.990.990.97-0.990.97-0.990.111.0-0.34-0.080.98-0.660.660.67-0.870.730.73
0.050.050.06-0.090.020.01-0.140.01-0.140.020.110.1-0.740.090.18-0.370.70.410.070.35-0.11
0.16-0.43-0.970.05-0.990.990.97-0.990.97-0.991.00.1-0.34-0.080.98-0.650.660.67-0.870.730.73
0.070.30.170.070.25-0.27-0.150.27-0.150.25-0.34-0.74-0.34-0.06-0.450.38-0.63-0.280.25-0.22-0.2
0.8-0.220.05-1.00.09-0.08-0.110.11-0.080.09-0.080.09-0.08-0.06-0.030.25-0.22-0.380.00.11-0.01
0.2-0.45-0.930.0-0.960.970.93-0.970.93-0.960.980.180.98-0.45-0.03-0.660.670.63-0.890.70.75
-0.07-0.050.63-0.230.62-0.63-0.560.61-0.560.62-0.66-0.37-0.650.380.25-0.66-0.73-0.740.5-0.68-0.43
0.04-0.08-0.540.21-0.580.60.49-0.580.49-0.580.660.70.66-0.63-0.220.67-0.730.9-0.410.780.3
0.050.03-0.60.37-0.620.630.58-0.620.58-0.620.670.410.67-0.28-0.380.63-0.740.9-0.380.860.25
-0.160.550.880.040.9-0.89-0.880.9-0.880.9-0.870.07-0.870.250.0-0.890.5-0.41-0.38-0.49-0.92
0.51-0.1-0.7-0.13-0.690.70.65-0.670.66-0.690.730.350.73-0.220.110.7-0.680.780.86-0.490.35
0.09-0.47-0.75-0.04-0.790.760.75-0.80.75-0.790.73-0.110.73-0.2-0.010.75-0.430.30.25-0.920.35
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Cellectar Biosciences Account Relationship Matchups

Cellectar Biosciences income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(43K)207.9K149.9K148.4K192.4K288.9K
Interest Expense42.7K10.9K2.3K301.0K346.1K363.4K
Selling General Administrative5.2M5.1M6.5M9.6M10.7M11.3M
Gross Profit(189.4K)(207.9K)(227.6K)(238.9K)(192.4K)(202.0K)
Other Operating Expenses14.2M15.3M24.1M28.8M39.0M40.9M
Operating Income(14.2M)(15.3M)(24.1M)(28.8M)(39.0M)(37.0M)
Ebit(14.2M)(15.4M)(24.1M)(28.8M)(39.0M)(37.0M)
Research Development9.0M10.1M17.6M19.2M28.2M29.6M
Ebitda(14.2M)(15.1M)(24.0M)(28.7M)(38.8M)(36.8M)
Total Operating Expenses14.2M15.3M24.1M28.8M39.0M40.9M
Income Before Tax(14.1M)(15.1M)(24.1M)(28.7M)(38.0M)(36.1M)
Total Other Income Expense Net85.7K196.2K8.9K152.5K917.1K963.0K
Net Income(13.9M)(14.8M)(24.0M)(28.6M)(38.0M)(36.1M)
Income Tax Expense(218.5K)(337.6K)(152.2K)(60K)60K63K
Cost Of Revenue189.4K207.9K227.6K238.9K192.4K288.0K
Net Income From Continuing Ops(14.1M)(15.1M)(24.1M)(28.6M)(37.7M)(35.9M)
Non Operating Income Net Other22.1K62.1K43K185.3K166.8K158.4K
Net Income Applicable To Common Shares(14.1M)(15.1M)(24.1M)(28.6M)(25.7M)(24.5M)
Interest Income85.7K10.9K2.3K152.5K395.4K649.7K
Net Interest Income42.7K10.9K2.3K152.5K395.4K415.1K
Reconciled Depreciation132.8K141.5K149.9K148.4K160.6K269.9K

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When determining whether Cellectar Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cellectar Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cellectar Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cellectar Biosciences Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cellectar Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Cellectar Biosciences. If investors know Cellectar 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 Cellectar Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.41)
Return On Assets
(1.66)
Return On Equity
(7.97)
The market value of Cellectar Biosciences is measured differently than its book value, which is the value of Cellectar that is recorded on the company's balance sheet. Investors also form their own opinion of Cellectar Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Cellectar Biosciences' 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 Cellectar Biosciences' market value can be influenced by many factors that don't directly affect Cellectar Biosciences' 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 Cellectar Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cellectar Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cellectar Biosciences' 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.