CytomX Good Will vs Cash Analysis

CTMX Stock  USD 1.06  0.04  3.92%   
CytomX Therapeutics financial indicator trend analysis is way more than just evaluating CytomX Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CytomX Therapeutics is a good investment. Please check the relationship between CytomX Therapeutics Good Will and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CytomX 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 population.
For more information on how to buy CytomX Stock please use our How to Invest in CytomX Therapeutics guide.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CytomX Therapeutics Good Will account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between CytomX Therapeutics' Good Will and Cash is 0.35. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of CytomX Therapeutics, assuming nothing else is changed. The correlation between historical values of CytomX Therapeutics' Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of CytomX Therapeutics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., CytomX Therapeutics' Good Will and Cash go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of CytomX Therapeutics, which is listed under current asset account on CytomX Therapeutics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CytomX Therapeutics customers. The amounts must be unrestricted with restricted cash listed in a different CytomX Therapeutics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from CytomX Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CytomX 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 CytomX 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 population.
For more information on how to buy CytomX Stock please use our How to Invest in CytomX Therapeutics guide.Tax Provision is likely to rise to about 3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 28.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit69.6M53.2M101.2M54.2M
Total Revenue69.6M53.2M101.2M54.2M

CytomX Therapeutics fundamental ratios Correlations

0.880.880.70.650.90.60.56-0.84-0.60.670.850.64-0.160.381.00.19-0.11-0.110.330.90.86-0.880.810.440.89
0.880.690.520.780.730.490.38-0.73-0.440.870.730.560.00.410.870.15-0.01-0.010.070.850.63-0.930.730.330.65
0.880.690.860.410.820.80.71-0.77-0.790.430.810.81-0.30.260.850.31-0.16-0.160.650.730.75-0.810.760.70.89
0.70.520.860.090.810.740.9-0.52-0.940.210.570.72-0.360.250.640.5-0.32-0.320.840.690.59-0.750.730.820.85
0.650.780.410.090.360.15-0.12-0.630.050.780.590.210.050.260.7-0.330.280.28-0.290.610.32-0.60.38-0.10.24
0.90.730.820.810.360.550.69-0.7-0.690.490.710.57-0.070.310.890.35-0.22-0.220.510.910.88-0.810.760.480.95
0.60.490.80.740.150.550.64-0.49-0.740.150.570.99-0.360.510.530.21-0.14-0.140.620.40.52-0.60.740.830.68
0.560.380.710.9-0.120.690.64-0.22-0.980.080.280.62-0.260.180.50.49-0.68-0.680.790.590.48-0.670.620.890.74
-0.84-0.73-0.77-0.52-0.63-0.7-0.49-0.220.32-0.64-1.0-0.530.32-0.35-0.83-0.28-0.38-0.38-0.23-0.63-0.80.63-0.69-0.17-0.76
-0.6-0.44-0.79-0.940.05-0.69-0.74-0.980.32-0.13-0.38-0.730.32-0.19-0.54-0.50.570.57-0.82-0.59-0.490.72-0.64-0.94-0.76
0.670.870.430.210.780.490.150.08-0.64-0.130.610.240.240.180.690.050.120.12-0.180.630.45-0.730.450.010.39
0.850.730.810.570.590.710.570.28-1.0-0.380.610.61-0.350.390.830.290.350.350.290.630.81-0.650.730.250.79
0.640.560.810.720.210.570.990.62-0.53-0.730.240.61-0.310.540.580.18-0.13-0.130.580.440.55-0.650.770.810.7
-0.160.0-0.3-0.360.05-0.07-0.36-0.260.320.320.24-0.35-0.31-0.39-0.11-0.4-0.21-0.21-0.35-0.03-0.150.1-0.33-0.36-0.27
0.380.410.260.250.260.310.510.18-0.35-0.190.180.390.54-0.390.37-0.10.110.110.070.250.36-0.310.740.250.35
1.00.870.850.640.70.890.530.5-0.83-0.540.690.830.58-0.110.370.12-0.11-0.110.270.910.85-0.860.780.380.85
0.190.150.310.5-0.330.350.210.49-0.28-0.50.050.290.18-0.4-0.10.12-0.03-0.030.420.20.36-0.290.230.350.47
-0.11-0.01-0.16-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.13-0.210.11-0.11-0.031.0-0.34-0.24-0.050.26-0.12-0.55-0.18
-0.11-0.01-0.16-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.13-0.210.11-0.11-0.031.0-0.34-0.24-0.050.26-0.12-0.55-0.18
0.330.070.650.84-0.290.510.620.79-0.23-0.82-0.180.290.58-0.350.070.270.42-0.34-0.340.290.34-0.360.410.770.61
0.90.850.730.690.610.910.40.59-0.63-0.590.630.630.44-0.030.250.910.2-0.24-0.240.290.71-0.890.690.390.78
0.860.630.750.590.320.880.520.48-0.8-0.490.450.810.55-0.150.360.850.36-0.05-0.050.340.71-0.610.730.30.92
-0.88-0.93-0.81-0.75-0.6-0.81-0.6-0.670.630.72-0.73-0.65-0.650.1-0.31-0.86-0.290.260.26-0.36-0.89-0.61-0.74-0.61-0.75
0.810.730.760.730.380.760.740.62-0.69-0.640.450.730.77-0.330.740.780.23-0.12-0.120.410.690.73-0.740.570.82
0.440.330.70.82-0.10.480.830.89-0.17-0.940.010.250.81-0.360.250.380.35-0.55-0.550.770.390.3-0.610.570.58
0.890.650.890.850.240.950.680.74-0.76-0.760.390.790.7-0.270.350.850.47-0.18-0.180.610.780.92-0.750.820.58
Click cells to compare fundamentals

CytomX Therapeutics Account Relationship Matchups

CytomX Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets341.3M358.7M339.4M260.9M201.8M284.0M
Other Current Liab27.2M19.9M30.6M24.5M17.9M18.0M
Total Current Liabilities85.6M100.9M106.3M152.6M155.9M82.7M
Total Stockholder Equity51.1M49.8M89.4M(85.8M)(47.4M)(45.1M)
Other Liab179.7M186.3M125.7M180.1M207.1M151.2M
Property Plant And Equipment Net32.8M29.4M25.3M21.0M16.2M14.9M
Current Deferred Revenue51.4M74.9M69.3M121.3M132.3M138.9M
Net Debt(163.6M)(167.0M)(187.5M)(175.6M)(3.2M)(3.4M)
Retained Earnings(417.2M)(450.1M)(533.7M)(722.9M)(723.4M)(687.3M)
Accounts Payable4.2M3.0M2.8M2.8M1.5M2.7M
Cash188.4M191.9M205.5M193.7M17.2M16.3M
Non Current Assets Total37.9M34.7M29.1M23.8M18.9M19.5M
Non Currrent Assets Other2.9M(3.4M)(3.7M)(3.6M)1M1.1M
Other Assets2.9M25.6M1.8M944K1.1M1.0M
Cash And Short Term Investments296.1M316.1M305.2M193.7M174.5M253.8M
Net Receivables13K798K790K36.0M3.4M5.6M
Common Stock Shares Outstanding45.3M46.1M64.1M65.7M73.8M48.9M
Short Term Investments188.6M107.7M124.3M99.7M157.3M117.8M
Liabilities And Stockholders Equity341.3M358.7M339.4M260.9M201.8M284.0M
Non Current Liabilities Total204.6M207.9M143.7M194.0M93.3M167.4M
Other Current Assets7.2M14.2M4.3M7.5M5.0M5.9M
Other Stockholder Equity468.3M500.0M623.3M637.1M675.9M709.7M
Total Liab290.2M308.9M250.0M346.6M249.2M250.1M
Property Plant And Equipment Gross32.8M29.4M25.3M21.0M30.9M16.4M
Total Current Assets303.3M324.0M310.3M237.1M182.9M264.6M
Accumulated Other Comprehensive Income57K(47K)(242K)10K95K99.8K
Short Term Debt2.8M3.2M3.6M4.1M9.2M5.3M
Intangible Assets1.3M1.2M1.0M875K729K1.1M
Property Plant Equipment6.9M32.8M7.0M6.0M6.9M8.3M
Net Tangible Assets48.9M47.7M87.4M(2.4M)(2.8M)(2.7M)
Retained Earnings Total Equity(417.2M)(450.1M)(533.7M)(623.6M)(561.2M)(533.1M)
Capital Surpluse446.0M468.3M500.0M623.3M716.8M474.2M
Non Current Liabilities Other850K207.9M143.7M262M3.9M3.7M
Net Invested Capital51.1M49.8M89.4M(85.8M)(47.4M)(45.1M)
Net Working Capital217.7M223.1M204.0M84.5M27.0M25.7M

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