Cerus Income Before Tax vs Other Operating Expenses Analysis

CERS Stock

USD 1.58 0.11 6.51%

Cerus financial indicator trend analysis is way more than just evaluating Cerus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cerus is a good investment. Please check the relationship between Cerus Income Before Tax and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerus. 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 more information on how to buy Cerus Stock please use our How to Invest in Cerus guide.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cerus Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cerus' Income Before Tax and Other Operating Expenses is -0.4. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Cerus, assuming nothing else is changed. The correlation between historical values of Cerus' Income Before Tax and Other Operating Expenses 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 Cerus are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Cerus' Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cerus. It is also known as Cerus overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Cerus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cerus 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 Cerus. 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 more information on how to buy Cerus Stock please use our How to Invest in Cerus guide.At this time, Cerus' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.35 in 2024, whereas Tax Provision is likely to drop slightly above 304.8 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	67.4M	87.1M	86.4M	90.7M
Total Revenue	130.9M	162.0M	156.4M	164.2M

Gross Profit Total Revenue

Cerus fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Current Liabilities Total	Common Stock	Short Term Investments	Other Assets	Long Term Debt
Total Assets		0.79	0.72	0.85	0.81	0.83	0.57	-0.85	0.76	0.41	0.79	0.63	0.89	0.67	0.87	0.51	0.93	0.85	0.72	0.99	0.58	0.72	0.44	0.83	0.79	0.66
Short Long Term Debt Total	0.79		0.6	0.73	0.48	0.87	0.93	-0.9	0.56	-0.02	0.98	0.93	0.57	0.96	0.94	0.36	0.74	0.98	0.94	0.73	0.72	0.93	0.35	0.6	0.52	0.88
Other Current Liab	0.72	0.6		0.71	0.48	0.73	0.41	-0.64	0.41	0.39	0.63	0.42	0.58	0.54	0.61	0.19	0.7	0.66	0.58	0.69	0.47	0.51	0.47	0.42	0.68	0.42
Total Current Liabilities	0.85	0.73	0.71		0.5	0.75	0.6	-0.77	0.77	0.22	0.76	0.64	0.63	0.73	0.76	0.28	0.82	0.82	0.64	0.8	0.84	0.51	0.4	0.61	0.76	0.41
Total Stockholder Equity	0.81	0.48	0.48	0.5		0.56	0.2	-0.61	0.53	0.63	0.48	0.34	0.96	0.32	0.66	0.55	0.68	0.55	0.43	0.88	0.25	0.5	0.37	0.82	0.65	0.47
Property Plant And Equipment Net	0.83	0.87	0.73	0.75	0.56		0.75	-0.79	0.56	0.17	0.91	0.7	0.65	0.79	0.84	0.54	0.73	0.9	0.92	0.78	0.56	0.83	0.29	0.65	0.68	0.75
Net Debt	0.57	0.93	0.41	0.6	0.2	0.75		-0.77	0.48	-0.39	0.91	0.91	0.3	0.94	0.82	0.24	0.56	0.88	0.9	0.49	0.68	0.86	0.2	0.48	0.31	0.83
Retained Earnings	-0.85	-0.9	-0.64	-0.77	-0.61	-0.79	-0.77		-0.73	-0.13	-0.87	-0.79	-0.72	-0.83	-0.98	-0.16	-0.91	-0.93	-0.82	-0.83	-0.66	-0.83	-0.69	-0.63	-0.54	-0.8
Accounts Payable	0.76	0.56	0.41	0.77	0.53	0.56	0.48	-0.73		0.08	0.54	0.43	0.69	0.46	0.7	0.29	0.81	0.66	0.43	0.76	0.52	0.46	0.48	0.74	0.65	0.43
Cash	0.41	-0.02	0.39	0.22	0.63	0.17	-0.39	-0.13	0.08		0.02	-0.13	0.6	-0.15	0.12	0.27	0.31	0.07	-0.05	0.48	-0.04	-0.01	0.3	0.19	0.45	-0.06
Non Current Assets Total	0.79	0.98	0.63	0.76	0.48	0.91	0.91	-0.87	0.54	0.02		0.93	0.56	0.95	0.92	0.39	0.71	0.98	0.97	0.73	0.7	0.91	0.33	0.58	0.53	0.86
Non Currrent Assets Other	0.63	0.93	0.42	0.64	0.34	0.7	0.91	-0.79	0.43	-0.13	0.93		0.4	0.96	0.85	0.24	0.57	0.9	0.88	0.57	0.72	0.85	0.26	0.45	0.32	0.82
Cash And Short Term Investments	0.89	0.57	0.58	0.63	0.96	0.65	0.3	-0.72	0.69	0.6	0.56	0.4		0.41	0.75	0.53	0.79	0.66	0.49	0.94	0.35	0.56	0.48	0.85	0.75	0.52
Net Receivables	0.67	0.96	0.54	0.73	0.32	0.79	0.94	-0.83	0.46	-0.15	0.95	0.96	0.41		0.87	0.23	0.63	0.94	0.91	0.6	0.81	0.84	0.29	0.46	0.42	0.79
Common Stock Shares Outstanding	0.87	0.94	0.61	0.76	0.66	0.84	0.82	-0.98	0.7	0.12	0.92	0.85	0.75	0.87		0.3	0.86	0.96	0.87	0.85	0.68	0.88	0.55	0.71	0.56	0.84
Other Current Assets	0.51	0.36	0.19	0.28	0.55	0.54	0.24	-0.16	0.29	0.27	0.39	0.24	0.53	0.23	0.3		0.22	0.37	0.38	0.51	0.06	0.44	-0.39	0.7	0.63	0.38
Other Stockholder Equity	0.93	0.74	0.7	0.82	0.68	0.73	0.56	-0.91	0.81	0.31	0.71	0.57	0.79	0.63	0.86	0.22		0.8	0.64	0.91	0.57	0.66	0.66	0.69	0.67	0.62
Total Liab	0.85	0.98	0.66	0.82	0.55	0.9	0.88	-0.93	0.66	0.07	0.98	0.9	0.66	0.94	0.96	0.37	0.8		0.93	0.81	0.74	0.9	0.43	0.66	0.6	0.84
Property Plant And Equipment Gross	0.72	0.94	0.58	0.64	0.43	0.92	0.9	-0.82	0.43	-0.05	0.97	0.88	0.49	0.91	0.87	0.38	0.64	0.93		0.65	0.58	0.92	0.28	0.53	0.41	0.87
Total Current Assets	0.99	0.73	0.69	0.8	0.88	0.78	0.49	-0.83	0.76	0.48	0.73	0.57	0.94	0.6	0.85	0.51	0.91	0.81	0.65		0.53	0.68	0.47	0.86	0.79	0.62
Short Term Debt	0.58	0.72	0.47	0.84	0.25	0.56	0.68	-0.66	0.52	-0.04	0.7	0.72	0.35	0.81	0.68	0.06	0.57	0.74	0.58	0.53		0.44	0.26	0.38	0.54	0.34
Non Current Liabilities Total	0.72	0.93	0.51	0.51	0.5	0.83	0.86	-0.83	0.46	-0.01	0.91	0.85	0.56	0.84	0.88	0.44	0.66	0.9	0.92	0.68	0.44		0.31	0.6	0.39	0.99
Common Stock	0.44	0.35	0.47	0.4	0.37	0.29	0.2	-0.69	0.48	0.3	0.33	0.26	0.48	0.29	0.55	-0.39	0.66	0.43	0.28	0.47	0.26	0.31		0.13	0.22	0.34
Short Term Investments	0.83	0.6	0.42	0.61	0.82	0.65	0.48	-0.63	0.74	0.19	0.58	0.45	0.85	0.46	0.71	0.7	0.69	0.66	0.53	0.86	0.38	0.6	0.13		0.73	0.55
Other Assets	0.79	0.52	0.68	0.76	0.65	0.68	0.31	-0.54	0.65	0.45	0.53	0.32	0.75	0.42	0.56	0.63	0.67	0.6	0.41	0.79	0.54	0.39	0.22	0.73		0.29
Long Term Debt	0.66	0.88	0.42	0.41	0.47	0.75	0.83	-0.8	0.43	-0.06	0.86	0.82	0.52	0.79	0.84	0.38	0.62	0.84	0.87	0.62	0.34	0.99	0.34	0.55	0.29

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Cerus Account Relationship Matchups

Cerus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	165.5M	221.4M	237.5M	218.1M	197.7M	113.8M
Short Long Term Debt Total	64.5M	66.9M	87.6M	87.2M	96.0M	100.8M
Other Current Liab	21.0M	22.8M	23.8M	23.1M	16.8M	12.7M
Total Current Liabilities	50.3M	60.0M	78.6M	117.1M	67.5M	38.1M
Total Stockholder Equity	57.1M	103.8M	84.6M	67.6M	52.7M	57.6M
Property Plant And Equipment Net	29.0M	27.0M	25.2M	23.5M	19.4M	20.3M
Net Debt	29.5M	30.3M	38.8M	51.7M	84.4M	88.6M
Retained Earnings	(850.1M)	(910.0M)	(964.3M)	(1.0B)	(1.0B)	(992.4M)
Accounts Payable	22.2M	24.2M	35.6M	33.0M	23.8M	14.7M
Cash	35.0M	36.6M	48.8M	35.6M	11.6M	11.1M
Non Current Assets Total	37.4M	38.0M	50.4M	47.9M	53.3M	56.0M
Non Currrent Assets Other	7.0M	9.7M	23.9M	23.2M	32.6M	34.3M
Cash And Short Term Investments	85.7M	133.6M	129.4M	102.2M	65.9M	75.2M
Net Receivables	16.9M	21.2M	25.1M	34.4M	35.5M	37.3M
Common Stock Shares Outstanding	139.8M	163.9M	171.3M	176.5M	180.3M	189.3M
Liabilities And Stockholders Equity	165.5M	221.4M	237.5M	218.1M	197.7M	113.8M
Other Current Assets	6.0M	10.8M	11.6M	4.6M	3.2M	4.5M
Other Stockholder Equity	906.9M	1.0B	1.0B	1.1B	1.1B	584.0M
Total Liab	108.5M	117.6M	151.9M	149.5M	144.3M	151.5M
Property Plant And Equipment Gross	29.0M	27.0M	25.2M	23.5M	35.8M	37.6M
Total Current Assets	128.1M	183.4M	187.1M	170.1M	144.4M	99.5M
Accumulated Other Comprehensive Income	114K	674K	(149K)	(2.8M)	(1.3M)	(1.3M)
Short Term Debt	6.6M	12.3M	18.5M	60.4M	24.9M	26.1M
Non Current Liabilities Total	58.1M	57.6M	73.3M	32.5M	76.8M	80.6M
Common Stock	144K	168K	174K	177K	181K	190.1K
Short Term Investments	50.7M	97M	80.6M	66.6M	54.2M	47.0M
Other Assets	7.0M	22.8M	23.9M	23.2M	1.0	0.95
Long Term Debt	39.4M	39.6M	54.7M	13.6M	59.8M	62.8M
Common Stock Total Equity	144K	168K	174K	177K	203.6K	213.7K
Property Plant Equipment	14.9M	13.9M	25.2M	11.0M	12.6M	13.2M
Current Deferred Revenue	570K	577K	673K	589K	2.0M	1.3M
Inventory	19.5M	23.3M	26.8M	29.0M	39.9M	41.9M
Other Liab	327K	1.2M	2.3M	3.5M	4.0M	2.7M
Net Tangible Assets	55.6M	102.5M	83.3M	66.3M	76.2M	63.7M
Retained Earnings Total Equity	(850.1M)	(910.0M)	(964.3M)	(1.0B)	(906.4M)	(951.7M)
Long Term Debt Total	39.4M	39.6M	54.7M	13.6M	15.7M	24.6M
Capital Surpluse	906.9M	1.0B	1.0B	1.1B	1.2B	858.8M
Deferred Long Term Liab	2.2M	2.2M	2.1M	2.1M	2.4M	2.5M

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