Celldex Total Operating Expenses vs Net Income Analysis

CLDX Stock  USD 26.51  0.11  0.42%   
Celldex Therapeutics financial indicator trend analysis is way more than just evaluating Celldex Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celldex Therapeutics is a good investment. Please check the relationship between Celldex Therapeutics Total Operating Expenses and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celldex 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 unemployment.
For more information on how to buy Celldex Stock please use our How to Invest in Celldex Therapeutics guide.

Total Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celldex Therapeutics Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Celldex Therapeutics' Total Operating Expenses and Net Income is -0.88. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Celldex Therapeutics, assuming nothing else is changed. The correlation between historical values of Celldex Therapeutics' Total Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Celldex Therapeutics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., Celldex Therapeutics' Total Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Celldex Therapeutics financial statement analysis. It represents the amount of money remaining after all of Celldex Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Celldex Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celldex 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 Celldex 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 unemployment.
For more information on how to buy Celldex Stock please use our How to Invest in Celldex Therapeutics guide.At this time, Celldex Therapeutics' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 29.4 M in 2024.
 2023 2024 (projected)
Extraordinary Items17.2M15.3M
Reconciled Depreciation2.9M3.1M

Celldex Therapeutics fundamental ratios Correlations

0.750.790.980.28-0.43-0.670.390.210.940.690.120.420.80.330.830.940.36-0.040.140.73-0.270.030.390.390.19
0.750.670.690.29-0.34-0.460.30.360.630.480.370.290.560.480.590.630.45-0.03-0.010.59-0.10.00.30.30.52
0.790.670.70.71-0.29-0.380.280.510.620.270.440.360.490.660.510.620.410.350.060.610.060.360.670.670.47
0.980.690.70.16-0.43-0.690.40.050.980.76-0.050.40.820.160.870.980.31-0.170.20.75-0.32-0.070.270.270.03
0.280.290.710.16-0.380.230.410.630.06-0.420.60.1-0.150.73-0.10.060.080.64-0.080.110.370.60.750.750.53
-0.43-0.34-0.29-0.43-0.38-0.07-0.99-0.05-0.420.060.020.02-0.05-0.09-0.05-0.420.030.05-0.07-0.230.30.13-0.39-0.390.03
-0.67-0.46-0.38-0.690.23-0.070.11-0.05-0.65-0.870.04-0.51-0.98-0.06-0.75-0.66-0.60.210.22-0.560.330.130.220.22-0.08
0.390.30.280.40.41-0.990.110.050.38-0.1-0.02-0.040.010.090.010.38-0.07-0.050.090.18-0.21-0.050.390.39-0.05
0.210.360.510.050.63-0.05-0.050.05-0.14-0.260.960.180.040.95-0.1-0.130.290.68-0.25-0.050.230.560.670.670.87
0.940.630.620.980.06-0.42-0.650.38-0.140.78-0.220.350.79-0.010.871.00.25-0.280.240.75-0.36-0.170.160.16-0.12
0.690.480.270.76-0.420.06-0.87-0.1-0.260.78-0.330.420.9-0.220.90.790.33-0.520.140.66-0.31-0.27-0.28-0.28-0.19
0.120.370.44-0.050.60.020.04-0.020.96-0.22-0.330.16-0.060.96-0.18-0.220.240.7-0.34-0.160.230.490.620.610.95
0.420.290.360.40.10.02-0.51-0.040.180.350.420.160.490.260.530.370.160.19-0.20.57-0.170.020.070.070.22
0.80.560.490.82-0.15-0.05-0.980.010.040.790.9-0.060.490.080.830.790.57-0.22-0.110.66-0.34-0.13-0.11-0.110.06
0.330.480.660.160.73-0.09-0.060.090.95-0.01-0.220.960.260.08-0.010.00.280.7-0.270.040.210.530.720.720.91
0.830.590.510.87-0.1-0.05-0.750.01-0.10.870.9-0.180.530.83-0.010.880.2-0.350.310.77-0.16-0.07-0.010.0-0.06
0.940.630.620.980.06-0.42-0.660.38-0.131.00.79-0.220.370.790.00.880.26-0.280.230.75-0.36-0.170.160.16-0.11
0.360.450.410.310.080.03-0.6-0.070.290.250.330.240.160.570.280.20.260.28-0.510.33-0.20.08-0.03-0.020.29
-0.04-0.030.35-0.170.640.050.21-0.050.68-0.28-0.520.70.19-0.220.7-0.35-0.280.28-0.47-0.150.060.450.550.550.59
0.14-0.010.060.2-0.08-0.070.220.09-0.250.240.14-0.34-0.2-0.11-0.270.310.23-0.51-0.470.30.1-0.060.260.27-0.43
0.730.590.610.750.11-0.23-0.560.18-0.050.750.66-0.160.570.660.040.770.750.33-0.150.3-0.32-0.240.190.2-0.06
-0.27-0.10.06-0.320.370.30.33-0.210.23-0.36-0.310.23-0.17-0.340.21-0.16-0.36-0.20.060.1-0.320.80.070.060.19
0.030.00.36-0.070.60.130.13-0.050.56-0.17-0.270.490.02-0.130.53-0.07-0.170.080.45-0.06-0.240.80.390.390.36
0.390.30.670.270.75-0.390.220.390.670.16-0.280.620.07-0.110.72-0.010.16-0.030.550.260.190.070.391.00.45
0.390.30.670.270.75-0.390.220.390.670.16-0.280.610.07-0.110.720.00.16-0.020.550.270.20.060.391.00.45
0.190.520.470.030.530.03-0.08-0.050.87-0.12-0.190.950.220.060.91-0.06-0.110.290.59-0.43-0.060.190.360.450.45
Click cells to compare fundamentals

Celldex Therapeutics Account Relationship Matchups

Celldex Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets122.9M235.8M444.7M352.7M465.6M488.9M
Other Current Liab2.0M10.5M11.8M12.4M24.4M25.6M
Total Current Liabilities11.6M14.2M16.5M18.6M31.1M32.7M
Total Stockholder Equity94.0M209.4M419.5M326.2M429.2M450.6M
Property Plant And Equipment Net4.0M3.8M3.6M3.7M6.6M5.7M
Net Debt(7.6M)(40.4M)(36.1M)(25.4M)(32.3M)(33.9M)
Retained Earnings(1.0B)(1.1B)(1.1B)(1.3B)(1.4B)(1.3B)
Cash11.2M43.8M39.1M29.4M34.8M31.5M
Non Current Assets Total56.2M38.0M33.8M35.0M33.9M31.0M
Cash And Short Term Investments64.4M194.4M408.3M305.0M423.6M444.8M
Common Stock Shares Outstanding14.5M29.6M42.9M46.9M48.4M50.9M
Liabilities And Stockholders Equity122.9M235.8M444.7M352.7M465.6M488.9M
Non Current Liabilities Total17.3M12.3M8.7M7.9M5.3M5.1M
Other Current Assets2.3M1.6M2.4M12.4M5.5M2.8M
Other Stockholder Equity1.1B1.3B1.6B1.6B1.8B1.9B
Total Liab28.9M26.5M25.2M26.5M36.5M25.7M
Property Plant And Equipment Gross7.5M7.3M27.6M29.4M29.0M30.5M
Total Current Assets66.7M197.8M410.8M317.7M431.7M453.3M
Accumulated Other Comprehensive Income2.6M2.6M1.9M1.3M3.3M3.5M
Net Receivables1.0M1.8M172K347K2.6M2.8M
Inventory(1.0M)(1.8M)(172K)(347K)1.00.95
Accounts Payable1.2M1.0M1.2M3.3M3.5M3.7M
Short Long Term Debt Total3.7M3.5M3.0M4.0M2.5M4.6M
Short Term Debt1.9M2.7M3.5M2.9M3.2M2.9M
Common Stock Total Equity12K17K40K47K54.1K65.1K
Common Stock12K17K40K47K56K64.5K
Intangible Assets52.2M34.2M30.3M31.3M27.2M34.2M
Current Deferred Revenue2.5M6.5M8.5M12M10.8M10.3M
Other Liab15.6M10.1M7.4M5.3M6.1M5.8M
Property Plant Equipment4.0M7.3M6.5M7.7M7.0M7.2M
Short Term Investments53.2M150.6M369.1M275.5M388.8M408.2M
Net Tangible Assets45.3M178.7M392.3M299.0M343.9M361.1M
Retained Earnings Total Equity(962.4M)(1.0B)(1.1B)(1.1B)(1.0B)(1.1B)
Capital Surpluse1.1B1.1B1.3B1.6B1.8B1.0B
Non Current Liabilities Other17.3M10.1M7.4M5.3M4.4M4.2M

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