Cytek Book Value Per Share vs Capex To Revenue Analysis
CTKB Stock | USD 6.83 0.26 3.96% |
Cytek Biosciences financial indicator trend analysis is way more than just evaluating Cytek Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cytek Biosciences is a good investment. Please check the relationship between Cytek Biosciences Book Value Per Share and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cytek Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.
Book Value Per Share vs Capex To Revenue
Book Value Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cytek Biosciences Book Value Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cytek Biosciences' Book Value Per Share and Capex To Revenue is 0.77. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Cytek Biosciences, assuming nothing else is changed. The correlation between historical values of Cytek Biosciences' Book Value Per Share and Capex To 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 Book Value Per Share of Cytek Biosciences are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Book Value Per Share i.e., Cytek Biosciences' Book Value Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Cytek Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cytek Biosciences 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 Cytek Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Tax Provision is forecasted to decline to (1.7 M).
2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 5.7M | 9.2M | 10.6M | 11.1M | Interest Income | 4.6M | 7.6M | 8.7M | 9.2M |
Cytek Biosciences fundamental ratios Correlations
Click cells to compare fundamentals
Cytek Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cytek Biosciences fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 220.0M | 463.7M | 519.5M | 494.5M | 568.6M | 389.0M | |
Other Current Liab | 15.5M | 19.2M | 26.7M | 26.2M | 30.1M | 21.0M | |
Total Current Liabilities | 26.5M | 32.2M | 49.0M | 56.2M | 64.7M | 40.7M | |
Total Stockholder Equity | (16.0M) | 406.5M | 425.3M | 393.1M | 452.0M | 256.8M | |
Property Plant And Equipment Net | 2.1M | 5.9M | 27.6M | 29.3M | 33.6M | 35.3M | |
Current Deferred Revenue | 4.3M | 7.1M | 13.0M | 22.7M | 26.1M | 27.4M | |
Net Debt | (162.5M) | (364.6M) | (278.5M) | (153.2M) | (137.8M) | (144.7M) | |
Retained Earnings | (22.6M) | (18.2M) | (17.0M) | (29.2M) | (33.6M) | (35.2M) | |
Accounts Payable | 2.9M | 3.0M | 4.8M | 3.0M | 3.5M | 3.6M | |
Cash | 165.2M | 364.6M | 296.6M | 167.3M | 192.4M | 225.3M | |
Non Current Assets Total | 11.4M | 31.6M | 65.5M | 102.4M | 117.8M | 123.6M | |
Non Currrent Assets Other | 1.1M | 1.7M | 1.4M | 1.8M | 2.1M | 1.3M | |
Other Assets | 8.5M | 10.9M | 21.8M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 165.2M | 364.6M | 341.1M | 262.4M | 301.8M | 256.0M | |
Net Receivables | 18.1M | 29.8M | 48.9M | 56.1M | 64.5M | 37.5M | |
Liabilities And Stockholders Equity | 220.0M | 463.7M | 519.5M | 494.5M | 568.6M | 389.0M | |
Non Current Liabilities Total | 209.5M | 24.7M | 44.9M | 45.2M | 40.7M | 66.4M | |
Inventory | 23.0M | 32.2M | 48.2M | 60.9M | 70.0M | 40.2M | |
Other Current Assets | 2.3M | 4.9M | 17.9M | 12.7M | 14.6M | 8.4M | |
Other Stockholder Equity | (194.3M) | 423.6M | 442.9M | 423.4M | 486.9M | 511.2M | |
Total Liab | 236.0M | 56.9M | 93.9M | 101.4M | 91.3M | 96.0M | |
Net Invested Capital | (13.3M) | 406.5M | 427.6M | 395.3M | 454.6M | 258.4M | |
Property Plant And Equipment Gross | 2.1M | 7.7M | 27.6M | 35.2M | 40.5M | 42.5M | |
Total Current Assets | 208.6M | 432.1M | 454.0M | 392.1M | 450.9M | 342.0M | |
Accumulated Other Comprehensive Income | 65K | 897K | (697K) | (1.3M) | (1.1M) | (1.1M) | |
Capital Stock | 23K | 126K | 135K | 131K | 150.7K | 95.9K | |
Non Current Liabilities Other | 11.7M | 14.9M | 29.5M | 18.9M | 21.7M | 19.7M | |
Net Working Capital | 182.1M | 399.9M | 405.0M | 335.8M | 386.2M | 301.3M | |
Short Term Debt | 2.8M | 15.3M | 12.6M | 3.0M | 3.5M | 3.3M | |
Intangible Assets | 274K | 4.7M | 4.3M | 23.1M | 26.5M | 27.9M | |
Common Stock | 23K | 126K | 135K | 131K | 150.7K | 95.9K |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cytek Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Health Care Equipment & Supplies space 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 Cytek Biosciences. If investors know Cytek 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 Cytek Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.658 | Earnings Share (0.08) | Revenue Per Share | Quarterly Revenue Growth 0.073 | Return On Assets |
The market value of Cytek Biosciences is measured differently than its book value, which is the value of Cytek that is recorded on the company's balance sheet. Investors also form their own opinion of Cytek Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Cytek Biosciences' 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 Cytek Biosciences' market value can be influenced by many factors that don't directly affect Cytek Biosciences' 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 Cytek Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytek Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytek Biosciences' 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.