CytomX Inventory vs Cash And Short Term Investments Analysis

CTMX Stock  USD 0.87  0  0.34%   
CytomX Therapeutics financial indicator trend analysis is way more than just evaluating CytomX Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CytomX Therapeutics is a good investment. Please check the relationship between CytomX Therapeutics Inventory and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CytomX 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 population.
For more information on how to buy CytomX Stock please use our How to Invest in CytomX Therapeutics guide.

Inventory vs Cash And Short Term Investments

Inventory vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CytomX Therapeutics Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between CytomX Therapeutics' Inventory and Cash And Short Term Investments is -0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of CytomX Therapeutics, assuming nothing else is changed. The correlation between historical values of CytomX Therapeutics' Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of CytomX Therapeutics are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., CytomX Therapeutics' Inventory and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of CytomX Therapeutics balance sheet. This account contains CytomX Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CytomX Therapeutics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from CytomX Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CytomX 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 CytomX 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 population.
For more information on how to buy CytomX Stock please use our How to Invest in CytomX Therapeutics guide.Tax Provision is likely to rise to about 3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 28.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit69.6M53.2M99.0M53.9M
Total Revenue69.6M53.2M101.2M54.2M

CytomX Therapeutics fundamental ratios Correlations

0.880.880.70.650.90.60.56-0.84-0.60.670.850.64-0.160.381.00.19-0.11-0.110.330.90.86-0.880.810.440.89
0.880.690.520.780.730.490.38-0.73-0.440.870.730.560.00.410.870.15-0.01-0.010.070.850.63-0.930.730.330.65
0.880.690.860.410.820.80.71-0.77-0.790.430.810.81-0.30.260.850.31-0.16-0.160.650.730.75-0.810.760.70.89
0.70.520.860.090.810.740.9-0.52-0.940.210.570.72-0.360.250.640.5-0.32-0.320.840.690.59-0.750.730.820.85
0.650.780.410.090.360.15-0.12-0.630.050.780.590.210.050.260.7-0.330.280.28-0.290.610.32-0.60.38-0.10.24
0.90.730.820.810.360.550.69-0.7-0.690.490.710.57-0.070.310.890.35-0.22-0.220.510.910.88-0.810.760.480.95
0.60.490.80.740.150.550.64-0.49-0.740.150.570.99-0.360.510.530.21-0.14-0.140.620.40.52-0.60.740.830.68
0.560.380.710.9-0.120.690.64-0.22-0.980.080.280.62-0.260.180.50.49-0.68-0.680.790.590.48-0.670.620.890.74
-0.84-0.73-0.77-0.52-0.63-0.7-0.49-0.220.32-0.64-1.0-0.530.32-0.35-0.83-0.28-0.38-0.38-0.23-0.63-0.80.63-0.69-0.17-0.76
-0.6-0.44-0.79-0.940.05-0.69-0.74-0.980.32-0.13-0.38-0.730.32-0.19-0.54-0.50.570.57-0.82-0.59-0.490.72-0.64-0.94-0.76
0.670.870.430.210.780.490.150.08-0.64-0.130.610.240.240.180.690.050.120.12-0.180.630.45-0.730.450.010.39
0.850.730.810.570.590.710.570.28-1.0-0.380.610.61-0.350.390.830.290.350.350.290.630.81-0.650.730.250.79
0.640.560.810.720.210.570.990.62-0.53-0.730.240.61-0.310.540.580.18-0.13-0.130.580.440.55-0.650.770.810.7
-0.160.0-0.3-0.360.05-0.07-0.36-0.260.320.320.24-0.35-0.31-0.39-0.11-0.4-0.21-0.21-0.35-0.03-0.150.1-0.33-0.36-0.27
0.380.410.260.250.260.310.510.18-0.35-0.190.180.390.54-0.390.37-0.10.110.110.070.250.36-0.310.740.250.35
1.00.870.850.640.70.890.530.5-0.83-0.540.690.830.58-0.110.370.12-0.11-0.110.270.910.85-0.860.780.380.85
0.190.150.310.5-0.330.350.210.49-0.28-0.50.050.290.18-0.4-0.10.12-0.03-0.030.420.20.36-0.290.230.350.47
-0.11-0.01-0.16-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.13-0.210.11-0.11-0.031.0-0.34-0.24-0.050.26-0.12-0.55-0.18
-0.11-0.01-0.16-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.13-0.210.11-0.11-0.031.0-0.34-0.24-0.050.26-0.12-0.55-0.18
0.330.070.650.84-0.290.510.620.79-0.23-0.82-0.180.290.58-0.350.070.270.42-0.34-0.340.290.34-0.360.410.770.61
0.90.850.730.690.610.910.40.59-0.63-0.590.630.630.44-0.030.250.910.2-0.24-0.240.290.71-0.890.690.390.78
0.860.630.750.590.320.880.520.48-0.8-0.490.450.810.55-0.150.360.850.36-0.05-0.050.340.71-0.610.730.30.92
-0.88-0.93-0.81-0.75-0.6-0.81-0.6-0.670.630.72-0.73-0.65-0.650.1-0.31-0.86-0.290.260.26-0.36-0.89-0.61-0.74-0.61-0.75
0.810.730.760.730.380.760.740.62-0.69-0.640.450.730.77-0.330.740.780.23-0.12-0.120.410.690.73-0.740.570.82
0.440.330.70.82-0.10.480.830.89-0.17-0.940.010.250.81-0.360.250.380.35-0.55-0.550.770.390.3-0.610.570.58
0.890.650.890.850.240.950.680.74-0.76-0.760.390.790.7-0.270.350.850.47-0.18-0.180.610.780.92-0.750.820.58
Click cells to compare fundamentals

CytomX Therapeutics Account Relationship Matchups

CytomX Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets341.3M358.7M339.4M260.9M201.8M284.0M
Other Current Liab27.2M19.9M30.6M24.5M17.9M18.0M
Total Current Liabilities85.6M100.9M106.3M152.6M155.9M82.7M
Total Stockholder Equity51.1M49.8M89.4M(85.8M)(47.4M)(45.1M)
Other Liab179.7M186.3M125.7M180.1M207.1M151.2M
Property Plant And Equipment Net32.8M29.4M25.3M21.0M16.2M14.9M
Current Deferred Revenue51.4M74.9M69.3M121.3M132.3M138.9M
Net Debt(163.6M)(167.0M)(187.5M)(175.6M)(3.2M)(3.4M)
Retained Earnings(417.2M)(450.1M)(533.7M)(722.9M)(723.4M)(687.3M)
Accounts Payable4.2M3.0M2.8M2.8M1.5M2.7M
Cash188.4M191.9M205.5M193.7M17.2M16.3M
Non Current Assets Total37.9M34.7M29.1M23.8M18.9M19.5M
Non Currrent Assets Other2.9M(3.4M)(3.7M)(3.6M)1M1.1M
Other Assets2.9M25.6M1.8M944K1.1M1.0M
Cash And Short Term Investments296.1M316.1M305.2M193.7M174.5M253.8M
Net Receivables13K798K790K36.0M3.4M5.6M
Common Stock Shares Outstanding45.3M46.1M64.1M65.7M73.8M48.9M
Short Term Investments188.6M107.7M124.3M99.7M157.3M117.8M
Liabilities And Stockholders Equity341.3M358.7M339.4M260.9M201.8M284.0M
Non Current Liabilities Total204.6M207.9M143.7M194.0M93.3M167.4M
Other Current Assets7.2M14.2M4.3M7.5M5.0M5.9M
Other Stockholder Equity468.3M500.0M623.3M637.1M675.9M709.7M
Total Liab290.2M308.9M250.0M346.6M249.2M250.1M
Property Plant And Equipment Gross32.8M29.4M25.3M21.0M30.9M16.4M
Total Current Assets303.3M324.0M310.3M237.1M182.9M264.6M
Accumulated Other Comprehensive Income57K(47K)(242K)10K95K99.8K
Short Term Debt2.8M3.2M3.6M4.1M9.2M5.3M
Intangible Assets1.3M1.2M1.0M875K729K1.1M
Property Plant Equipment6.9M32.8M7.0M6.0M6.9M8.3M
Net Tangible Assets48.9M47.7M87.4M(2.4M)(2.8M)(2.7M)
Retained Earnings Total Equity(417.2M)(450.1M)(533.7M)(623.6M)(561.2M)(533.1M)
Capital Surpluse446.0M468.3M500.0M623.3M716.8M474.2M
Non Current Liabilities Other850K207.9M143.7M262M3.9M3.7M
Net Invested Capital51.1M49.8M89.4M(85.8M)(47.4M)(45.1M)
Net Working Capital217.7M223.1M204.0M84.5M27.0M25.7M

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