CARGO Income Before Tax vs Research Development Analysis

CRGX Stock

16.23 0.50 3.18%

CARGO Therapeutics, financial indicator trend analysis is way more than just evaluating CARGO Therapeutics, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CARGO Therapeutics, is a good investment. Please check the relationship between CARGO Therapeutics, Income Before Tax and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CARGO Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CARGO Therapeutics, Income Before Tax account and Research Development. At this time, the significance of the direction appears to have pay attention.

The correlation between CARGO Therapeutics,'s Income Before Tax and Research Development is -0.95. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of CARGO Therapeutics, Common, assuming nothing else is changed. The correlation between historical values of CARGO Therapeutics,'s Income Before Tax and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of CARGO Therapeutics, Common are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., CARGO Therapeutics,'s Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CARGO Therapeutics, income statement and is an important metric when analyzing CARGO 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.

Research Development

Most indicators from CARGO Therapeutics,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CARGO 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 CARGO Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, CARGO Therapeutics,'s Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 521.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (6.51) in 2024.

	2010	2022	2023	2024 (projected)
Total Operating Expenses	6.0M	34.8M	96.7M	50.4M
Cost Of Revenue	147K	1.4M	3.7M	1.9M

Total Operating Expenses Cost Of Revenue

CARGO Therapeutics, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		0.78	0.61	0.5	1.0	1.0	0.89	-1.0	-0.98	0.83	1.0	1.0	1.0	1.0	0.92	1.0	1.0	0.79	1.0	0.75	1.0	1.0	1.0	0.9	1.0	0.12
Short Long Term Debt Total	0.78		0.95	0.9	0.74	0.79	0.93	-0.76	-0.9	0.99	0.78	0.8	0.81	0.78	0.78	0.76	0.76	1.0	0.8	1.0	0.76	0.8	0.78	0.95	0.73	0.69
Other Current Liab	0.61	0.95		0.99	0.55	0.62	0.78	-0.57	-0.76	0.91	0.6	0.63	0.65	0.6	0.55	0.58	0.57	0.94	0.63	0.97	0.58	0.63	0.6	0.81	0.54	0.86
Total Current Liabilities	0.5	0.9	0.99		0.44	0.53	0.68	-0.46	-0.67	0.84	0.5	0.53	0.55	0.5	0.43	0.47	0.47	0.88	0.54	0.93	0.48	0.53	0.5	0.72	0.44	0.92
Total Stockholder Equity	1.0	0.74	0.55	0.44		1.0	0.86	-1.0	-0.96	0.79	1.0	1.0	0.99	1.0	0.92	1.0	1.0	0.75	0.99	0.7	1.0	0.99	1.0	0.88	1.0	0.05
Property Plant And Equipment Net	1.0	0.79	0.62	0.53	1.0		0.89	-1.0	-0.98	0.84	1.0	1.0	1.0	1.0	0.91	1.0	1.0	0.81	1.0	0.76	1.0	1.0	1.0	0.91	0.99	0.15
Current Deferred Revenue	0.89	0.93	0.78	0.68	0.86	0.89		-0.89	-0.95	0.97	0.88	0.89	0.9	0.88	0.95	0.87	0.87	0.94	0.9	0.91	0.88	0.89	0.89	1.0	0.86	0.4
Net Debt	-1.0	-0.76	-0.57	-0.46	-1.0	-1.0	-0.89		0.97	-0.82	-1.0	-1.0	-0.99	-1.0	-0.94	-1.0	-1.0	-0.78	-1.0	-0.72	-1.0	-1.0	-1.0	-0.9	-1.0	-0.08
Retained Earnings	-0.98	-0.9	-0.76	-0.67	-0.96	-0.98	-0.95	0.97		-0.93	-0.97	-0.98	-0.99	-0.97	-0.91	-0.97	-0.97	-0.91	-0.98	-0.87	-0.97	-0.98	-0.98	-0.96	-0.96	-0.33
Accounts Payable	0.83	0.99	0.91	0.84	0.79	0.84	0.97	-0.82	-0.93		0.83	0.84	0.86	0.83	0.85	0.81	0.81	1.0	0.85	0.98	0.81	0.85	0.83	0.98	0.79	0.6
Cash	1.0	0.78	0.6	0.5	1.0	1.0	0.88	-1.0	-0.97	0.83		1.0	1.0	1.0	0.92	1.0	1.0	0.79	1.0	0.74	1.0	1.0	1.0	0.9	1.0	0.12
Non Current Assets Total	1.0	0.8	0.63	0.53	1.0	1.0	0.89	-1.0	-0.98	0.84	1.0		1.0	1.0	0.91	1.0	1.0	0.81	1.0	0.76	1.0	1.0	1.0	0.91	0.99	0.15
Non Currrent Assets Other	1.0	0.81	0.65	0.55	0.99	1.0	0.9	-0.99	-0.99	0.86	1.0	1.0		1.0	0.91	1.0	1.0	0.82	1.0	0.78	1.0	1.0	1.0	0.92	0.99	0.17
Cash And Short Term Investments	1.0	0.78	0.6	0.5	1.0	1.0	0.88	-1.0	-0.97	0.83	1.0	1.0	1.0		0.92	1.0	1.0	0.79	1.0	0.74	1.0	1.0	1.0	0.9	1.0	0.12
Common Stock Shares Outstanding	0.92	0.78	0.55	0.43	0.92	0.91	0.95	-0.94	-0.91	0.85	0.92	0.91	0.91	0.92		0.92	0.92	0.8	0.91	0.74	0.92	0.91	0.92	0.94	0.92	0.1
Non Current Liabilities Total	1.0	0.76	0.58	0.47	1.0	1.0	0.87	-1.0	-0.97	0.81	1.0	1.0	1.0	1.0	0.92		1.0	0.77	1.0	0.72	1.0	1.0	1.0	0.89	1.0	0.09
Capital Lease Obligations	1.0	0.76	0.57	0.47	1.0	1.0	0.87	-1.0	-0.97	0.81	1.0	1.0	1.0	1.0	0.92	1.0		0.77	1.0	0.72	1.0	1.0	1.0	0.89	1.0	0.08
Other Current Assets	0.79	1.0	0.94	0.88	0.75	0.81	0.94	-0.78	-0.91	1.0	0.79	0.81	0.82	0.79	0.8	0.77	0.77		0.81	0.99	0.77	0.81	0.79	0.96	0.75	0.67
Other Stockholder Equity	1.0	0.8	0.63	0.54	0.99	1.0	0.9	-1.0	-0.98	0.85	1.0	1.0	1.0	1.0	0.91	1.0	1.0	0.81		0.77	1.0	1.0	1.0	0.91	0.99	0.16
Total Liab	0.75	1.0	0.97	0.93	0.7	0.76	0.91	-0.72	-0.87	0.98	0.74	0.76	0.78	0.74	0.74	0.72	0.72	0.99	0.77		0.73	0.77	0.74	0.92	0.69	0.73
Net Invested Capital	1.0	0.76	0.58	0.48	1.0	1.0	0.88	-1.0	-0.97	0.81	1.0	1.0	1.0	1.0	0.92	1.0	1.0	0.77	1.0	0.73		1.0	1.0	0.89	1.0	0.09
Property Plant And Equipment Gross	1.0	0.8	0.63	0.53	0.99	1.0	0.89	-1.0	-0.98	0.85	1.0	1.0	1.0	1.0	0.91	1.0	1.0	0.81	1.0	0.77	1.0		1.0	0.91	0.99	0.15
Total Current Assets	1.0	0.78	0.6	0.5	1.0	1.0	0.89	-1.0	-0.98	0.83	1.0	1.0	1.0	1.0	0.92	1.0	1.0	0.79	1.0	0.74	1.0	1.0		0.9	1.0	0.12
Capital Stock	0.9	0.95	0.81	0.72	0.88	0.91	1.0	-0.9	-0.96	0.98	0.9	0.91	0.92	0.9	0.94	0.89	0.89	0.96	0.91	0.92	0.89	0.91	0.9		0.87	0.43
Net Working Capital	1.0	0.73	0.54	0.44	1.0	0.99	0.86	-1.0	-0.96	0.79	1.0	0.99	0.99	1.0	0.92	1.0	1.0	0.75	0.99	0.69	1.0	0.99	1.0	0.87		0.04
Short Term Debt	0.12	0.69	0.86	0.92	0.05	0.15	0.4	-0.08	-0.33	0.6	0.12	0.15	0.17	0.12	0.1	0.09	0.08	0.67	0.16	0.73	0.09	0.15	0.12	0.43	0.04

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CARGO Therapeutics, Account Relationship Matchups

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CARGO Income Before Tax vs Research Development Analysis

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

Correlation Coefficient

Income Before Tax

Research Development

CARGO Therapeutics, fundamental ratios Correlations

CARGO Therapeutics, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for CARGO Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets

Net Working Capital	- 1.0	Net Debt
Total Current Assets	- 1.0	Net Debt
Property Plant And Equipment Gross	- 1.0	Net Debt
Net Invested Capital	- 1.0	Net Debt
Other Stockholder Equity	- 1.0	Net Debt
Capital Lease Obligations	- 1.0	Net Debt