Cellectar Intangible Assets from 2010 to 2024

CLRB Stock  USD 1.46  0.06  3.95%   
Cellectar Biosciences' Intangible Assets are increasing over the years with slightly volatile fluctuation. Intangible Assets are expected to dwindle to about 1.8 M. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2011-06-30
Previous Quarter
1.7 M
Current Value
1.7 M
Quarterly Volatility
406.83810217
 
Yuan Drop
 
Covid
Check Cellectar Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cellectar Biosciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 288.9 K, Interest Expense of 363.4 K or Selling General Administrative of 11.3 M, as well as many indicators such as Dividend Yield of 0.46, Days Sales Outstanding of 0.0 or Invested Capital of 0.0. Cellectar financial statements analysis is a perfect complement when working with Cellectar Biosciences Valuation or Volatility modules.
  
Check out the analysis of Cellectar Biosciences Correlation against competitors.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.

Latest Cellectar Biosciences' Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Cellectar Biosciences over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Cellectar Biosciences' Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cellectar Biosciences' overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Cellectar Intangible Assets Regression Statistics

Arithmetic Mean1,703,290
Geometric Mean1,701,829
Coefficient Of Variation4.43
Mean Deviation48,410
Median1,675,462
Standard Deviation75,391
Sample Variance5.7B
Range251.8K
R-Value0.57
Mean Square Error4.1B
R-Squared0.32
Significance0.03
Slope9,601
Total Sum of Squares79.6B

Cellectar Intangible Assets History

20241.8 M
20231.9 M
20151.7 M
20141.7 M

About Cellectar Biosciences Financial Statements

Cellectar Biosciences stakeholders use historical fundamental indicators, such as Cellectar Biosciences' Intangible Assets, to determine how well the company is positioned to perform in the future. Although Cellectar Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cellectar Biosciences' assets and liabilities are reflected in the revenues and expenses on Cellectar Biosciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cellectar Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets1.9 M1.8 M

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.
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 the analysis of Cellectar Biosciences Correlation against competitors.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.