Viracta Therapeutics Stock Net Income
| VIRX Stock | USD 0.16 0.02 14.29% |
Viracta Therapeutics fundamentals help investors to digest information that contributes to Viracta Therapeutics' financial success or failures. It also enables traders to predict the movement of Viracta Stock. The fundamental analysis module provides a way to measure Viracta Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Viracta Therapeutics stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -51.1 M | -53.6 M | |
| Net Loss | -44.3 M | -46.5 M | |
| Net Loss | -47.6 M | -50 M | |
| Net Loss | (1.32) | (1.39) | |
| Net Income Per E B T | 0.91 | 0.87 |
Viracta | Net Income |
Viracta Therapeutics Company Net Income Analysis
Viracta Therapeutics' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Viracta Therapeutics Net Income | (51.06 M) |
Most of Viracta Therapeutics' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Viracta Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Viracta Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Viracta Therapeutics is extremely important. It helps to project a fair market value of Viracta Stock properly, considering its historical fundamentals such as Net Income. Since Viracta Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Viracta Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Viracta Therapeutics' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Viracta Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Viracta Therapeutics reported net income of (51.06 Million). This is 114.96% lower than that of the Biotechnology sector and 172.89% lower than that of the Health Care industry. The net income for all United States stocks is 108.94% higher than that of the company.
Viracta Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Viracta Therapeutics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Viracta Therapeutics could also be used in its relative valuation, which is a method of valuing Viracta Therapeutics by comparing valuation metrics of similar companies.Viracta Therapeutics is currently under evaluation in net income category among its peers.
Viracta Therapeutics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Viracta Therapeutics from analyzing Viracta Therapeutics' financial statements. These drivers represent accounts that assess Viracta Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Viracta Therapeutics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 29.7M | 647.6K | 116.3M | 55.2M | 22.0M | 20.9M | |
| Enterprise Value | 17.7M | (40.3M) | 18.2M | 43.6M | 35.3M | 33.5M |
Viracta Therapeutics Institutional Holders
Institutional Holdings refers to the ownership stake in Viracta Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Viracta Therapeutics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Viracta Therapeutics' value.| Shares | State Street Corp | 2024-09-30 | 65.9 K | United Capital Financial Advisers Inc | 2024-09-30 | 43 K | Northern Trust Corp | 2024-09-30 | 38.1 K | Virtu Financial Llc | 2024-06-30 | 30.8 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 30.7 K | Goldman Sachs Group Inc | 2024-09-30 | 27.1 K | Integrys Wealth Advisors Llc | 2024-09-30 | 25 K | Royal Bank Of Canada | 2024-09-30 | 20 K | Wealthtrust Axiom Llc | 2024-09-30 | 16.4 K | Citadel Advisors Llc | 2024-09-30 | 1.5 M | Vanguard Group Inc | 2024-09-30 | 954.5 K |
Viracta Fundamentals
| Return On Equity | -2.09 | ||||
| Return On Asset | -0.57 | ||||
| Current Valuation | 1.46 M | ||||
| Shares Outstanding | 39.74 M | ||||
| Shares Owned By Insiders | 2.83 % | ||||
| Shares Owned By Institutions | 50.00 % | ||||
| Number Of Shares Shorted | 2.1 M | ||||
| Price To Earning | 2.54 X | ||||
| Price To Book | 3.00 X | ||||
| EBITDA | (46.86 M) | ||||
| Net Income | (51.06 M) | ||||
| Cash And Equivalents | 83.14 M | ||||
| Cash Per Share | 2.21 X | ||||
| Total Debt | 25.56 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 11.96 X | ||||
| Book Value Per Share | 0.33 X | ||||
| Cash Flow From Operations | (39.89 M) | ||||
| Short Ratio | 1.85 X | ||||
| Earnings Per Share | (1.10) X | ||||
| Price To Earnings To Growth | (0.03) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 40 | ||||
| Beta | 0.3 | ||||
| Market Capitalization | 5.68 M | ||||
| Total Asset | 56.69 M | ||||
| Retained Earnings | (265.93 M) | ||||
| Working Capital | 16.59 M | ||||
| Net Asset | 56.69 M |
About Viracta Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Viracta Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viracta Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viracta Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Viracta Therapeutics' price analysis, check to measure Viracta Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viracta Therapeutics is operating at the current time. Most of Viracta Therapeutics' value examination focuses on studying past and present price action to predict the probability of Viracta Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viracta Therapeutics' price. Additionally, you may evaluate how the addition of Viracta Therapeutics to your portfolios can decrease your overall portfolio volatility.