Cerus Ptb Ratio vs Interest Coverage Analysis

CERS Stock  USD 1.56  0.10  6.02%   
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 Ptb Ratio and its Interest Coverage 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.

Ptb Ratio vs Interest Coverage

Ptb Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cerus Ptb Ratio account and Interest Coverage. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cerus' Ptb Ratio and Interest Coverage is 0.14. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Cerus, assuming nothing else is changed. The correlation between historical values of Cerus' Ptb Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Cerus are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Ptb Ratio i.e., Cerus' Ptb Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Interest Coverage

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 Profit67.4M87.1M86.4M90.7M
Total Revenue130.9M162.0M156.4M164.2M

Cerus fundamental ratios Correlations

0.790.720.850.810.830.57-0.850.760.410.790.630.890.670.870.510.930.850.720.990.580.720.440.830.790.66
0.790.60.730.480.870.93-0.90.56-0.020.980.930.570.960.940.360.740.980.940.730.720.930.350.60.520.88
0.720.60.710.480.730.41-0.640.410.390.630.420.580.540.610.190.70.660.580.690.470.510.470.420.680.42
0.850.730.710.50.750.6-0.770.770.220.760.640.630.730.760.280.820.820.640.80.840.510.40.610.760.41
0.810.480.480.50.560.2-0.610.530.630.480.340.960.320.660.550.680.550.430.880.250.50.370.820.650.47
0.830.870.730.750.560.75-0.790.560.170.910.70.650.790.840.540.730.90.920.780.560.830.290.650.680.75
0.570.930.410.60.20.75-0.770.48-0.390.910.910.30.940.820.240.560.880.90.490.680.860.20.480.310.83
-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
0.760.560.410.770.530.560.48-0.730.080.540.430.690.460.70.290.810.660.430.760.520.460.480.740.650.43
0.41-0.020.390.220.630.17-0.39-0.130.080.02-0.130.6-0.150.120.270.310.07-0.050.48-0.04-0.010.30.190.45-0.06
0.790.980.630.760.480.910.91-0.870.540.020.930.560.950.920.390.710.980.970.730.70.910.330.580.530.86
0.630.930.420.640.340.70.91-0.790.43-0.130.930.40.960.850.240.570.90.880.570.720.850.260.450.320.82
0.890.570.580.630.960.650.3-0.720.690.60.560.40.410.750.530.790.660.490.940.350.560.480.850.750.52
0.670.960.540.730.320.790.94-0.830.46-0.150.950.960.410.870.230.630.940.910.60.810.840.290.460.420.79
0.870.940.610.760.660.840.82-0.980.70.120.920.850.750.870.30.860.960.870.850.680.880.550.710.560.84
0.510.360.190.280.550.540.24-0.160.290.270.390.240.530.230.30.220.370.380.510.060.44-0.390.70.630.38
0.930.740.70.820.680.730.56-0.910.810.310.710.570.790.630.860.220.80.640.910.570.660.660.690.670.62
0.850.980.660.820.550.90.88-0.930.660.070.980.90.660.940.960.370.80.930.810.740.90.430.660.60.84
0.720.940.580.640.430.920.9-0.820.43-0.050.970.880.490.910.870.380.640.930.650.580.920.280.530.410.87
0.990.730.690.80.880.780.49-0.830.760.480.730.570.940.60.850.510.910.810.650.530.680.470.860.790.62
0.580.720.470.840.250.560.68-0.660.52-0.040.70.720.350.810.680.060.570.740.580.530.440.260.380.540.34
0.720.930.510.510.50.830.86-0.830.46-0.010.910.850.560.840.880.440.660.90.920.680.440.310.60.390.99
0.440.350.470.40.370.290.2-0.690.480.30.330.260.480.290.55-0.390.660.430.280.470.260.310.130.220.34
0.830.60.420.610.820.650.48-0.630.740.190.580.450.850.460.710.70.690.660.530.860.380.60.130.730.55
0.790.520.680.760.650.680.31-0.540.650.450.530.320.750.420.560.630.670.60.410.790.540.390.220.730.29
0.660.880.420.410.470.750.83-0.80.43-0.060.860.820.520.790.840.380.620.840.870.620.340.990.340.550.29
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Cerus Account Relationship Matchups

Cerus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets165.5M221.4M237.5M218.1M197.7M113.8M
Short Long Term Debt Total64.5M66.9M87.6M87.2M96.0M100.8M
Other Current Liab21.0M22.8M23.8M23.1M16.8M12.7M
Total Current Liabilities50.3M60.0M78.6M117.1M67.5M38.1M
Total Stockholder Equity57.1M103.8M84.6M67.6M52.7M57.6M
Property Plant And Equipment Net29.0M27.0M25.2M23.5M19.4M20.3M
Net Debt29.5M30.3M38.8M51.7M84.4M88.6M
Retained Earnings(850.1M)(910.0M)(964.3M)(1.0B)(1.0B)(992.4M)
Accounts Payable22.2M24.2M35.6M33.0M23.8M14.7M
Cash35.0M36.6M48.8M35.6M11.6M11.1M
Non Current Assets Total37.4M38.0M50.4M47.9M53.3M56.0M
Non Currrent Assets Other7.0M9.7M23.9M23.2M32.6M34.3M
Cash And Short Term Investments85.7M133.6M129.4M102.2M65.9M75.2M
Net Receivables16.9M21.2M25.1M34.4M35.5M37.3M
Common Stock Shares Outstanding139.8M163.9M171.3M176.5M180.3M189.3M
Liabilities And Stockholders Equity165.5M221.4M237.5M218.1M197.7M113.8M
Other Current Assets6.0M10.8M11.6M4.6M3.2M4.5M
Other Stockholder Equity906.9M1.0B1.0B1.1B1.1B584.0M
Total Liab108.5M117.6M151.9M149.5M144.3M151.5M
Property Plant And Equipment Gross29.0M27.0M25.2M23.5M35.8M37.6M
Total Current Assets128.1M183.4M187.1M170.1M144.4M99.5M
Accumulated Other Comprehensive Income114K674K(149K)(2.8M)(1.3M)(1.3M)
Short Term Debt6.6M12.3M18.5M60.4M24.9M26.1M
Non Current Liabilities Total58.1M57.6M73.3M32.5M76.8M80.6M
Common Stock144K168K174K177K181K190.1K
Short Term Investments50.7M97M80.6M66.6M54.2M47.0M
Other Assets7.0M22.8M23.9M23.2M1.00.95
Long Term Debt39.4M39.6M54.7M13.6M59.8M62.8M
Common Stock Total Equity144K168K174K177K203.6K213.7K
Property Plant Equipment14.9M13.9M25.2M11.0M12.6M13.2M
Current Deferred Revenue570K577K673K589K2.0M1.3M
Inventory19.5M23.3M26.8M29.0M39.9M41.9M
Other Liab327K1.2M2.3M3.5M4.0M2.7M
Net Tangible Assets55.6M102.5M83.3M66.3M76.2M63.7M
Retained Earnings Total Equity(850.1M)(910.0M)(964.3M)(1.0B)(906.4M)(951.7M)
Long Term Debt Total39.4M39.6M54.7M13.6M15.7M24.6M
Capital Surpluse906.9M1.0B1.0B1.1B1.2B858.8M
Deferred Long Term Liab2.2M2.2M2.1M2.1M2.4M2.5M

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Additional Tools for Cerus Stock Analysis

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