CytomX Income Before Tax vs Cost Of Revenue Analysis

CTMX Stock  USD 1.89  0.11  5.50%   
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 Income Before Tax and its Cost Of Revenue 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 tightly coupled 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.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CytomX Therapeutics Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between CytomX Therapeutics' Income Before Tax and Cost Of Revenue is 0.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue 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' Income Before Tax and Cost Of Revenue 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 CytomX Therapeutics are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., CytomX Therapeutics' Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Income Before Tax

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

Cost Of Revenue

Cost of Revenue is found on CytomX Therapeutics income statement and represents the costs associated with goods and services CytomX Therapeutics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 tightly coupled 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 Profit69.6M53.2M99.0M53.9M
Total Revenue69.6M53.2M101.2M54.2M

CytomX Therapeutics fundamental ratios Correlations

0.880.890.70.650.90.60.56-0.84-0.60.670.850.63-0.010.381.00.19-0.12-0.120.330.90.86-0.880.90.40.89
0.880.690.520.780.730.490.38-0.73-0.440.870.730.550.180.410.870.15-0.01-0.010.070.850.63-0.930.790.280.65
0.890.690.860.410.820.80.71-0.77-0.790.430.810.81-0.250.260.850.31-0.15-0.150.650.730.75-0.80.90.670.89
0.70.520.860.090.810.740.9-0.52-0.940.210.570.75-0.390.250.640.5-0.32-0.320.840.690.6-0.750.830.80.86
0.650.780.410.090.360.15-0.12-0.630.050.780.590.190.320.260.7-0.330.280.28-0.290.610.31-0.60.43-0.150.24
0.90.730.820.810.360.550.69-0.7-0.690.490.710.590.00.310.890.35-0.22-0.220.510.910.88-0.810.870.440.95
0.60.490.80.740.150.550.64-0.49-0.740.150.570.99-0.440.510.530.21-0.14-0.140.620.40.52-0.60.690.820.68
0.560.380.710.9-0.120.690.64-0.22-0.980.080.280.66-0.390.180.50.49-0.68-0.680.790.590.49-0.670.690.880.74
-0.84-0.73-0.77-0.52-0.63-0.7-0.49-0.220.32-0.64-1.0-0.50.08-0.35-0.83-0.28-0.38-0.38-0.23-0.63-0.80.63-0.77-0.13-0.76
-0.6-0.44-0.79-0.940.05-0.69-0.74-0.980.32-0.13-0.38-0.760.43-0.19-0.54-0.50.570.57-0.82-0.59-0.50.72-0.73-0.93-0.76
0.670.870.430.210.780.490.150.08-0.64-0.130.610.220.480.180.690.050.120.12-0.180.630.45-0.730.58-0.050.39
0.850.730.810.570.590.710.570.28-1.0-0.380.610.58-0.130.390.830.290.350.350.290.630.81-0.650.80.220.79
0.630.550.810.750.190.590.990.66-0.5-0.760.220.58-0.380.520.580.18-0.17-0.170.620.450.54-0.650.720.820.7
-0.010.18-0.25-0.390.320.0-0.44-0.390.080.430.48-0.13-0.38-0.340.05-0.380.020.02-0.50.11-0.050.0-0.08-0.55-0.21
0.380.410.260.250.260.310.510.18-0.35-0.190.180.390.52-0.340.37-0.10.110.110.070.250.36-0.310.390.240.35
1.00.870.850.640.70.890.530.5-0.83-0.540.690.830.580.050.370.12-0.11-0.110.270.910.85-0.860.870.330.85
0.190.150.310.5-0.330.350.210.49-0.28-0.50.050.290.18-0.38-0.10.12-0.03-0.030.420.20.36-0.290.350.350.47
-0.12-0.01-0.15-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.170.020.11-0.11-0.031.0-0.34-0.24-0.050.26-0.16-0.56-0.18
-0.12-0.01-0.15-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.170.020.11-0.11-0.031.0-0.34-0.24-0.050.26-0.16-0.56-0.18
0.330.070.650.84-0.290.510.620.79-0.23-0.82-0.180.290.62-0.50.070.270.42-0.34-0.340.290.34-0.360.490.780.62
0.90.850.730.690.610.910.40.59-0.63-0.590.630.630.450.110.250.910.2-0.24-0.240.290.71-0.890.80.340.78
0.860.630.750.60.310.880.520.49-0.8-0.50.450.810.54-0.050.360.850.36-0.05-0.050.340.71-0.610.790.280.93
-0.88-0.93-0.8-0.75-0.6-0.81-0.6-0.670.630.72-0.73-0.65-0.650.0-0.31-0.86-0.290.260.26-0.36-0.89-0.61-0.84-0.56-0.75
0.90.790.90.830.430.870.690.69-0.77-0.730.580.80.72-0.080.390.870.35-0.16-0.160.490.80.79-0.840.540.9
0.40.280.670.8-0.150.440.820.88-0.13-0.93-0.050.220.82-0.550.240.330.35-0.56-0.560.780.340.28-0.560.540.56
0.890.650.890.860.240.950.680.74-0.76-0.760.390.790.7-0.210.350.850.47-0.18-0.180.620.780.93-0.750.90.56
Click cells to compare fundamentals

CytomX Therapeutics Account Relationship Matchups

CytomX Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets341.3M358.7M339.4M260.9M205.2M284.4M
Other Current Liab27.2M19.9M30.6M24.5M17.6M17.9M
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 Total37.9M34.7M29.1M23.8M22.2M19.8M
Non Currrent Assets Other2.9M(3.4M)(3.7M)(3.6M)83K78.9K
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 Equity341.3M358.7M339.4M260.9M205.2M284.4M
Non Current Liabilities Total204.6M207.9M143.7M194.0M96.7M167.7M
Other Current Assets7.2M7.1M4.3M7.5M5.0M5.2M
Other Stockholder Equity468.3M500.0M623.3M637.1M675.9M709.7M
Total Liab290.2M308.9M250.0M346.6M252.6M250.4M
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 Debt2.8M3.2M3.6M4.1M4.6M4.7M
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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When determining whether CytomX Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CytomX Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cytomx Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cytomx Therapeutics Stock:
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 tightly coupled 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.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is CytomX Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CytomX Therapeutics. If investors know CytomX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CytomX Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.21
Revenue Per Share
1.533
Quarterly Revenue Growth
0.764
Return On Assets
0.0323
Return On Equity
(54.75)
The market value of CytomX Therapeutics is measured differently than its book value, which is the value of CytomX that is recorded on the company's balance sheet. Investors also form their own opinion of CytomX Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is CytomX Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CytomX Therapeutics' market value can be influenced by many factors that don't directly affect CytomX Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CytomX Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if CytomX Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CytomX Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.