CytomX Good Will vs Total Current Liabilities Analysis

CTMX Stock  USD 1.02  0.06  6.25%   
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 Total Current Liabilities 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 Total Current Liabilities

Good Will vs Total Current Liabilities 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 Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CytomX Therapeutics' Good Will and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., CytomX Therapeutics' Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Current Liabilities

Total Current Liabilities is an item on CytomX Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CytomX Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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