Cytek Dividends Paid vs Cash Flows Other Operating Analysis

CTKB Stock  USD 6.42  0.21  3.38%   
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 Dividends Paid and its Cash Flows Other Operating 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.

Dividends Paid vs Cash Flows Other Operating

Dividends Paid vs Cash Flows Other Operating Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cytek Biosciences Dividends Paid account and Cash Flows Other Operating. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cytek Biosciences' Dividends Paid and Cash Flows Other Operating is -0.67. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Cash Flows Other Operating 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' Dividends Paid and Cash Flows Other Operating is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Cytek Biosciences are associated (or correlated) with its Cash Flows Other Operating. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flows Other Operating has no effect on the direction of Dividends Paid i.e., Cytek Biosciences' Dividends Paid and Cash Flows Other Operating go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Cash Flows Other Operating

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 (1.9 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.2M5.7M9.2M9.7M
Interest Income49K4.6M7.6M8.0M

Cytek Biosciences fundamental ratios Correlations

0.980.930.980.920.960.850.8-0.90.90.850.930.860.970.630.980.910.940.970.57-0.480.920.910.93-0.250.98
0.980.970.940.930.940.90.84-0.830.870.870.870.890.950.610.940.940.930.940.6-0.390.950.950.89-0.150.95
0.930.970.910.970.920.950.9-0.680.720.80.730.930.880.460.840.990.950.930.58-0.461.00.950.88-0.210.91
0.980.940.910.940.960.830.77-0.890.840.810.910.830.920.610.960.910.960.990.54-0.630.910.90.98-0.431.0
0.920.930.970.940.920.890.84-0.690.680.740.720.870.840.450.830.990.980.980.48-0.630.980.920.95-0.40.94
0.960.940.920.960.920.910.9-0.80.760.790.860.940.910.450.920.920.950.940.72-0.60.920.870.94-0.40.96
0.850.90.950.830.890.910.96-0.570.610.810.660.980.780.350.760.940.860.830.8-0.470.930.920.81-0.260.83
0.80.840.90.770.840.90.96-0.50.510.650.590.990.770.130.710.880.850.780.81-0.430.90.790.75-0.240.77
-0.9-0.83-0.68-0.89-0.69-0.8-0.57-0.5-0.96-0.77-0.99-0.58-0.89-0.77-0.96-0.65-0.75-0.83-0.390.37-0.66-0.71-0.820.21-0.89
0.90.870.720.840.680.760.610.51-0.960.830.950.60.910.820.940.680.720.790.39-0.170.70.760.740.030.84
0.850.870.80.810.740.790.810.65-0.770.830.810.720.750.820.840.780.690.760.64-0.320.760.930.76-0.120.81
0.930.870.730.910.720.860.660.59-0.990.950.810.670.920.740.980.70.780.840.51-0.390.710.750.84-0.220.91
0.860.890.930.830.870.940.980.99-0.580.60.720.670.820.240.780.920.890.840.81-0.450.930.850.8-0.250.83
0.970.950.880.920.840.910.780.77-0.890.910.750.920.820.550.960.840.90.910.52-0.310.870.810.84-0.080.92
0.630.610.460.610.450.450.350.13-0.770.820.820.740.240.550.690.440.40.540.15-0.150.410.660.55-0.010.61
0.980.940.840.960.830.920.760.71-0.960.940.840.980.780.960.690.820.880.920.55-0.430.830.840.9-0.230.96
0.910.940.990.910.990.920.940.88-0.650.680.780.70.920.840.440.820.960.940.56-0.550.990.950.9-0.310.91
0.940.930.950.960.980.950.860.85-0.750.720.690.780.890.90.40.880.960.990.5-0.620.960.870.95-0.40.96
0.970.940.930.990.980.940.830.78-0.830.790.760.840.840.910.540.920.940.990.47-0.640.940.90.98-0.420.99
0.570.60.580.540.480.720.80.81-0.390.390.640.510.810.520.150.550.560.50.47-0.30.560.580.5-0.210.54
-0.48-0.39-0.46-0.63-0.63-0.6-0.47-0.430.37-0.17-0.32-0.39-0.45-0.31-0.15-0.43-0.55-0.62-0.64-0.3-0.49-0.47-0.750.96-0.63
0.920.951.00.910.980.920.930.9-0.660.70.760.710.930.870.410.830.990.960.940.56-0.490.930.89-0.250.91
0.910.950.950.90.920.870.920.79-0.710.760.930.750.850.810.660.840.950.870.90.58-0.470.930.87-0.230.9
0.930.890.880.980.950.940.810.75-0.820.740.760.840.80.840.550.90.90.950.980.5-0.750.890.87-0.570.98
-0.25-0.15-0.21-0.43-0.4-0.4-0.26-0.240.210.03-0.12-0.22-0.25-0.08-0.01-0.23-0.31-0.4-0.42-0.210.96-0.25-0.23-0.57-0.42
0.980.950.911.00.940.960.830.77-0.890.840.810.910.830.920.610.960.910.960.990.54-0.630.910.90.98-0.42
Click cells to compare fundamentals

Cytek Biosciences Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cytek Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cytek Biosciences' 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 Cytek Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cytek Biosciences Stock:
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
1.527
Quarterly Revenue Growth
0.073
Return On Assets
(0.03)
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.