Cellectar Short Term Debt vs Other Stockholder Equity Analysis

CLRB Stock  USD 1.58  0.02  1.28%   
Cellectar Biosciences financial indicator trend analysis is way more than just evaluating Cellectar Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cellectar Biosciences is a good investment. Please check the relationship between Cellectar Biosciences Short Term Debt and its Other Stockholder Equity accounts. 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.

Short Term Debt vs Other Stockholder Equity

Short Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cellectar Biosciences Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cellectar Biosciences' Short Term Debt and Other Stockholder Equity is -0.35. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Cellectar Biosciences, assuming nothing else is changed. The correlation between historical values of Cellectar Biosciences' Short Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Cellectar Biosciences are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Cellectar Biosciences' Short Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Other Stockholder Equity

Most indicators from Cellectar Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 70.48, whereas Tax Provision is forecasted to decline to (56.7 K).
 2021 2022 2023 2024 (projected)
Net Interest Income2.3K152.5K395.4K415.1K
Interest Income2.3K152.5K395.4K649.7K

Cellectar Biosciences fundamental ratios Correlations

-0.020.040.95-0.33-0.99-0.380.110.99-0.4-0.090.990.310.170.820.50.03-0.390.990.38-0.260.44-0.2-0.230.410.51
-0.020.93-0.310.130.05-0.640.65-0.01-0.05-0.31-0.010.330.750.040.570.930.44-0.01-0.02-0.210.56-0.21-0.140.35-0.03
0.040.93-0.29-0.02-0.01-0.830.870.05-0.2-0.280.050.320.910.180.761.00.360.06-0.11-0.250.67-0.25-0.170.520.06
0.95-0.31-0.29-0.32-0.95-0.1-0.190.93-0.33-0.010.930.19-0.140.730.23-0.3-0.50.930.39-0.170.2-0.11-0.170.240.47
-0.330.13-0.02-0.320.420.31-0.17-0.420.90.3-0.420.21-0.14-0.6-0.350.010.9-0.420.2-0.34-0.19-0.42-0.31-0.38-0.43
-0.990.05-0.01-0.950.420.38-0.08-1.00.490.15-1.0-0.27-0.15-0.85-0.50.00.48-1.0-0.340.2-0.440.130.17-0.43-0.52
-0.38-0.64-0.83-0.10.310.38-0.87-0.410.490.25-0.41-0.31-0.91-0.54-0.99-0.82-0.01-0.420.110.37-0.810.350.3-0.8-0.22
0.110.650.87-0.19-0.17-0.08-0.870.13-0.29-0.160.130.340.940.330.820.870.230.14-0.12-0.190.62-0.21-0.140.560.23
0.99-0.010.050.93-0.42-1.0-0.410.13-0.49-0.151.00.290.190.850.530.05-0.451.00.34-0.210.47-0.14-0.180.440.51
-0.4-0.05-0.2-0.330.90.490.49-0.29-0.490.51-0.490.08-0.33-0.64-0.52-0.170.77-0.50.17-0.31-0.47-0.38-0.31-0.49-0.3
-0.09-0.31-0.28-0.010.30.150.25-0.16-0.150.51-0.150.17-0.2-0.23-0.24-0.260.21-0.150.24-0.03-0.1-0.08-0.05-0.21-0.2
0.99-0.010.050.93-0.42-1.0-0.410.131.0-0.49-0.150.290.190.850.530.05-0.451.00.34-0.210.47-0.14-0.180.440.51
0.310.330.320.190.21-0.27-0.310.340.290.080.170.290.450.270.330.340.30.290.780.020.47-0.040.090.00.13
0.170.750.91-0.14-0.14-0.15-0.910.940.19-0.33-0.20.190.450.350.880.910.240.2-0.01-0.150.79-0.15-0.080.530.07
0.820.040.180.73-0.6-0.85-0.540.330.85-0.64-0.230.850.270.350.630.16-0.530.850.37-0.150.46-0.07-0.140.580.55
0.50.570.760.23-0.35-0.5-0.990.820.53-0.52-0.240.530.330.880.630.76-0.060.54-0.04-0.380.82-0.35-0.320.790.28
0.030.931.0-0.30.010.0-0.820.870.05-0.17-0.260.050.340.910.160.760.390.05-0.09-0.260.68-0.27-0.190.510.04
-0.390.440.36-0.50.90.48-0.010.23-0.450.770.21-0.450.30.24-0.53-0.060.39-0.460.12-0.340.05-0.42-0.28-0.24-0.41
0.99-0.010.060.93-0.42-1.0-0.420.141.0-0.5-0.151.00.290.20.850.540.05-0.460.33-0.210.47-0.15-0.180.440.52
0.38-0.02-0.110.390.2-0.340.11-0.120.340.170.240.340.78-0.010.37-0.04-0.090.120.330.060.140.040.08-0.190.12
-0.26-0.21-0.25-0.17-0.340.20.37-0.19-0.21-0.31-0.03-0.210.02-0.15-0.15-0.38-0.26-0.34-0.210.06-0.110.990.99-0.54-0.18
0.440.560.670.2-0.19-0.44-0.810.620.47-0.47-0.10.470.470.790.460.820.680.050.470.14-0.11-0.11-0.020.52-0.08
-0.2-0.21-0.25-0.11-0.420.130.35-0.21-0.14-0.38-0.08-0.14-0.04-0.15-0.07-0.35-0.27-0.42-0.150.040.99-0.110.98-0.5-0.15
-0.23-0.14-0.17-0.17-0.310.170.3-0.14-0.18-0.31-0.05-0.180.09-0.08-0.14-0.32-0.19-0.28-0.180.080.99-0.020.98-0.52-0.2
0.410.350.520.24-0.38-0.43-0.80.560.44-0.49-0.210.440.00.530.580.790.51-0.240.44-0.19-0.540.52-0.5-0.520.4
0.51-0.030.060.47-0.43-0.52-0.220.230.51-0.3-0.20.510.130.070.550.280.04-0.410.520.12-0.18-0.08-0.15-0.20.4
Click cells to compare fundamentals

Cellectar Biosciences Account Relationship Matchups

Cellectar Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3M58.7M37.2M21.6M12.1M16.0M
Other Current Liab(127.0)2.0M2.3M2.9M7.3M7.6M
Total Current Liabilities2.8M3.6M4.0M5.5M12.9M13.6M
Total Stockholder Equity9.1M54.8M33.0M15.5M(1.4M)(1.3M)
Property Plant And Equipment Net783.9K638.3K549.1K979.0K1.6M1.1M
Net Debt(10.1M)(56.7M)(35.4M)(19.3M)(9.0M)(9.5M)
Retained Earnings(111.7M)(126.8M)(150.9M)(179.5M)(217.5M)(206.6M)
Accounts Payable1.3M1.4M1.4M2.6M5.6M5.9M
Cash10.6M57.2M35.7M19.9M9.6M13.3M
Non Current Assets Total865.1K719.6K630.3K1.1M1.6M2.0M
Cash And Short Term Investments10.6M57.2M35.7M19.9M9.6M13.3M
Common Stock Total Equity167.047.094.0454.0408.6448.7
Common Stock Shares Outstanding767.5K2.0M5.6M7.1M12.2M12.8M
Liabilities And Stockholders Equity12.3M58.7M37.2M21.6M12.1M16.0M
Other Current Assets771.0K1.5M1.7M663.2K888.2K785.0K
Other Stockholder Equity119.6M161.5M182.6M193.6M211.4M222.0M
Total Liab3.2M3.9M4.2M6.1M13.4M14.1M
Property Plant And Equipment Gross783.9K356.0K549.1K979.0K2.5M2.6M
Total Current Assets11.4M57.9M36.6M20.5M10.5M14.0M
Accumulated Other Comprehensive Income(5.8M)(181.2K)(309.4K)(1.4M)(1.6M)(1.7M)
Common Stock47.094.0454.0611.0207.0196.65
Non Current Liabilities Total421.6K301.7K166.3K553.0K494.0K469.3K
Current Deferred Revenue965.1K1.4M2.0M2.4M2.8M2.9M
Short Term Debt105.9K119.9K270.9K101.7K59.0K56.0K
Short Long Term Debt Total527.5K421.6K301.7K603.8K553.0K487.8K
Property Plant Equipment435.1K356.0K549.1K979.0K881.1K1.2M
Retained Earnings Total Equity(84.3M)(97.6M)(111.7M)(126.8M)(114.1M)(108.4M)
Preferred Stock Total Equity995.8K2.5M1.1M20.0M23.0M24.2M
Net Tangible Assets7.9M34.8M31.7M14.1M16.2M13.6M
Capital Surpluse94.1M108.3M119.6M161.5M185.8M103.4M
Capital Lease Obligations527.5K421.6K301.7K603.8K553.0K580.6K

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.