Alkermes Cash And Short Term Investments vs Short Term Investments Analysis

ALKS Stock

USD 35.89 0.11 0.31%

Alkermes Plc financial indicator trend analysis is way more than just evaluating Alkermes Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkermes Plc is a good investment. Please check the relationship between Alkermes Plc Cash And Short Term Investments and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkermes Plc. 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 more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.

Cash And Short Term Investments vs Short Term Investments

Cash And Short Term Investments vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkermes Plc Cash And Short Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Alkermes Plc's Cash And Short Term Investments and Short Term Investments is 0.75. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Alkermes Plc, assuming nothing else is changed. The correlation between historical values of Alkermes Plc's Cash And Short Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Alkermes Plc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash And Short Term Investments i.e., Alkermes Plc's Cash And Short Term Investments and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Alkermes Plc balance sheet. This account contains Alkermes Plc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Alkermes Plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Short Term Investments

Short Term Investments is an item under the current assets section of Alkermes Plc balance sheet. It contains any investments Alkermes Plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Alkermes Plc can easily liquidate in the marketplace.

Most indicators from Alkermes Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkermes Plc 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 Alkermes Plc. 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 more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.At this time, Alkermes Plc's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.34 in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2025.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	1.0B	996.2M	891.7M	936.2M
Cost Of Revenue	218.1M	253.0M	245.3M	226.4M

Total Operating Expenses Cost Of Revenue

Alkermes Plc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Net Receivables	Common Stock Total Equity	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.32	0.74	0.92	0.76	-0.3	-0.7	0.7	0.81	0.44	-0.1	0.74	0.88	0.5	0.34	0.7	0.75	0.66	0.87	-0.04	0.69	0.8	0.89	0.67	0.92	-0.38
Short Long Term Debt Total	0.32		-0.17	0.19	0.62	0.72	-0.13	0.22	0.06	0.86	-0.23	0.32	0.52	0.88	-0.11	0.22	0.51	0.02	-0.08	0.23	-0.22	-0.21	0.42	-0.05	0.48	0.01
Total Current Liabilities	0.74	-0.17		0.54	0.5	-0.74	-0.89	0.71	0.89	-0.15	0.21	0.52	0.59	0.12	0.59	0.73	0.72	0.83	0.91	-0.28	0.99	0.95	0.64	0.56	0.64	0.0
Total Stockholder Equity	0.92	0.19	0.54		0.55	-0.28	-0.42	0.55	0.64	0.4	-0.26	0.68	0.75	0.28	0.22	0.51	0.44	0.43	0.79	0.01	0.5	0.69	0.78	0.71	0.79	-0.65
Property Plant And Equipment Net	0.76	0.62	0.5	0.55		0.1	-0.71	0.69	0.53	0.72	0.07	0.61	0.92	0.72	0.19	0.74	0.88	0.52	0.5	-0.01	0.47	0.49	0.9	0.44	0.92	0.03
Net Debt	-0.3	0.72	-0.74	-0.28	0.1		0.44	-0.35	-0.64	0.67	-0.21	-0.25	-0.08	0.49	-0.6	-0.3	-0.13	-0.5	-0.7	0.26	-0.77	-0.76	-0.16	-0.46	-0.12	0.13
Retained Earnings	-0.7	-0.13	-0.89	-0.42	-0.71	0.44		-0.77	-0.77	-0.1	-0.19	-0.57	-0.71	-0.39	-0.4	-0.84	-0.88	-0.79	-0.76	0.25	-0.87	-0.78	-0.71	-0.47	-0.74	-0.22
Accounts Payable	0.7	0.22	0.71	0.55	0.69	-0.35	-0.77		0.74	0.18	-0.1	0.68	0.77	0.26	0.6	0.83	0.74	0.45	0.73	-0.25	0.65	0.65	0.76	0.59	0.78	-0.13
Cash	0.81	0.06	0.89	0.64	0.53	-0.64	-0.77	0.74		-0.01	0.05	0.69	0.67	0.28	0.73	0.66	0.75	0.75	0.93	-0.12	0.87	0.87	0.69	0.59	0.71	-0.2
Non Current Assets Total	0.44	0.86	-0.15	0.4	0.72	0.67	-0.1	0.18	-0.01		-0.11	0.32	0.62	0.8	-0.29	0.21	0.44	0.03	-0.04	0.29	-0.2	-0.09	0.57	0.06	0.6	-0.18
Non Currrent Assets Other	-0.1	-0.23	0.21	-0.26	0.07	-0.21	-0.19	-0.1	0.05	-0.11		-0.36	-0.1	0.04	0.21	-0.05	0.13	0.13	-0.07	-0.07	0.28	0.21	-0.07	-0.17	-0.08	0.37
Cash And Short Term Investments	0.74	0.32	0.52	0.68	0.61	-0.25	-0.57	0.68	0.69	0.32	-0.36		0.82	0.33	0.33	0.55	0.64	0.45	0.71	0.3	0.47	0.51	0.79	0.75	0.79	-0.29
Common Stock Shares Outstanding	0.88	0.52	0.59	0.75	0.92	-0.08	-0.71	0.77	0.67	0.62	-0.1	0.82		0.58	0.3	0.75	0.83	0.54	0.68	0.07	0.54	0.61	0.98	0.64	0.99	-0.28
Non Current Liabilities Total	0.5	0.88	0.12	0.28	0.72	0.49	-0.39	0.26	0.28	0.8	0.04	0.33	0.58		-0.08	0.32	0.7	0.36	0.13	0.18	0.08	0.08	0.5	-0.03	0.57	0.16
Other Current Assets	0.34	-0.11	0.59	0.22	0.19	-0.6	-0.4	0.6	0.73	-0.29	0.21	0.33	0.3	-0.08		0.38	0.4	0.31	0.57	-0.19	0.6	0.54	0.31	0.4	0.31	-0.15
Other Stockholder Equity	0.7	0.22	0.73	0.51	0.74	-0.3	-0.84	0.83	0.66	0.21	-0.05	0.55	0.75	0.32	0.38		0.79	0.59	0.72	-0.55	0.69	0.65	0.78	0.63	0.79	0.04
Total Liab	0.75	0.51	0.72	0.44	0.88	-0.13	-0.88	0.74	0.75	0.44	0.13	0.64	0.83	0.7	0.4	0.79		0.74	0.64	-0.08	0.68	0.61	0.81	0.41	0.85	0.19
Property Plant And Equipment Gross	0.66	0.02	0.83	0.43	0.52	-0.5	-0.79	0.45	0.75	0.03	0.13	0.45	0.54	0.36	0.31	0.59	0.74		0.73	-0.14	0.83	0.77	0.58	0.31	0.59	0.14
Total Current Assets	0.87	-0.08	0.91	0.79	0.5	-0.7	-0.76	0.73	0.93	-0.04	-0.07	0.71	0.68	0.13	0.57	0.72	0.64	0.73		-0.22	0.89	0.93	0.72	0.75	0.73	-0.29
Short Term Debt	-0.04	0.23	-0.28	0.01	-0.01	0.26	0.25	-0.25	-0.12	0.29	-0.07	0.3	0.07	0.18	-0.19	-0.55	-0.08	-0.14	-0.22		-0.28	-0.23	0.0	-0.14	-0.01	-0.17
Other Current Liab	0.69	-0.22	0.99	0.5	0.47	-0.77	-0.87	0.65	0.87	-0.2	0.28	0.47	0.54	0.08	0.6	0.69	0.68	0.83	0.89	-0.28		0.95	0.59	0.52	0.6	0.03
Net Receivables	0.8	-0.21	0.95	0.69	0.49	-0.76	-0.78	0.65	0.87	-0.09	0.21	0.51	0.61	0.08	0.54	0.65	0.61	0.77	0.93	-0.23	0.95		0.67	0.57	0.67	-0.21
Common Stock Total Equity	0.89	0.42	0.64	0.78	0.9	-0.16	-0.71	0.76	0.69	0.57	-0.07	0.79	0.98	0.5	0.31	0.78	0.81	0.58	0.72	0.0	0.59	0.67		0.69	0.99	-0.27
Short Term Investments	0.67	-0.05	0.56	0.71	0.44	-0.46	-0.47	0.59	0.59	0.06	-0.17	0.75	0.64	-0.03	0.4	0.63	0.41	0.31	0.75	-0.14	0.52	0.57	0.69		0.65	-0.32
Common Stock	0.92	0.48	0.64	0.79	0.92	-0.12	-0.74	0.78	0.71	0.6	-0.08	0.79	0.99	0.57	0.31	0.79	0.85	0.59	0.73	-0.01	0.6	0.67	0.99	0.65		-0.26
Current Deferred Revenue	-0.38	0.01	0.0	-0.65	0.03	0.13	-0.22	-0.13	-0.2	-0.18	0.37	-0.29	-0.28	0.16	-0.15	0.04	0.19	0.14	-0.29	-0.17	0.03	-0.21	-0.27	-0.32	-0.26

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Alkermes Plc Account Relationship Matchups

Alkermes Plc fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	2.0B	2.0B	2.1B	2.1B	2.2B
Short Long Term Debt Total	275.0M	295.8M	293.3M	372.2M	75.5M	71.8M
Total Current Liabilities	438.3M	471.3M	497.7M	520.2M	465.2M	488.5M
Total Stockholder Equity	1.1B	1.1B	1.0B	1.2B	1.5B	1.5B
Property Plant And Equipment Net	350.0M	341.1M	325.4M	318.4M	311.8M	170.7M
Net Debt	2M	(41.7M)	797K	(85.3M)	(215.6M)	(204.8M)
Retained Earnings	(1.5B)	(1.5B)	(1.7B)	(1.3B)	(976.5M)	(927.6M)
Accounts Payable	46.0M	55.7M	32.8M	65.6M	45.6M	24.5M
Cash	273.0M	337.5M	292.5M	457.5M	291.1M	305.7M
Non Current Assets Total	814.0M	732.9M	702.1M	650.7M	640.2M	431.4M
Non Currrent Assets Other	148.9M	(86.3M)	(1.1M)	11.5M	16.5M	17.3M
Cash And Short Term Investments	659.8M	765.7M	740.1M	773.5M	751.7M	387.4M
Common Stock Shares Outstanding	158.8M	160.9M	163.5M	169.7M	169.2M	109.5M
Liabilities And Stockholders Equity	1.9B	2.0B	2.0B	2.1B	2.1B	2.2B
Non Current Liabilities Total	444.5M	440.6M	422.5M	413.3M	125.4M	244.7M
Other Current Assets	60.7M	49.0M	43.5M	192.4M	96.3M	53.5M
Other Stockholder Equity	2.6B	2.7B	2.8B	2.5B	2.4B	1.2B
Total Liab	882.7M	911.9M	920.2M	933.5M	590.6M	406.6M
Property Plant And Equipment Gross	481.7M	852.2M	874.9M	548.6M	564.8M	593.1M
Total Current Assets	1.1B	1.3B	1.3B	1.5B	1.4B	1.5B
Accumulated Other Comprehensive Income	(1.3M)	(3.7M)	(10.9M)	(3.1M)	(2.0M)	(2.1M)
Short Term Debt	18.6M	19.2M	12.9M	8.7M	6.2M	5.9M
Other Current Liab	366.1M	390.0M	445.2M	443.1M	412.2M	432.8M
Net Receivables	289.5M	326.6M	296.9M	333.2M	384.5M	403.8M
Common Stock Total Equity	1.6M	1.6M	1.7M	1.7M	1.9M	1.2M
Short Term Investments	362.1M	198.8M	316.0M	316.0M	460.5M	260.6M
Common Stock	1.6M	1.7M	1.7M	1.7M	1.8M	1.2M
Current Deferred Revenue	7.5M	6.3M	6.8M	2.7M	1.2M	1.2M
Other Liab	49.2M	52.9M	147.8M	42.4M	48.7M	45.4M
Other Assets	284.7M	224.9M	122.4M	1.0	1.15	1.09
Long Term Debt	272.1M	292.8M	290.3M	287.7M	330.9M	282.4M
Property Plant Equipment	362.2M	350.0M	341.1M	325.4M	374.2M	214.7M
Inventory	125.7M	150.3M	181.4M	186.4M	182.9M	192.0M
Net Tangible Assets	841.9M	862.9M	945.7M	913.2M	1.1B	791.1M
Retained Earnings Total Equity	(1.4B)	(1.5B)	(1.5B)	(1.7B)	(1.5B)	(1.6B)
Long Term Debt Total	274.3M	272.1M	292.8M	290.3M	261.2M	247.6M
Capital Surpluse	2.6B	2.7B	2.8B	2.9B	3.4B	2.5B

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