Alnylam Asset Turnover vs Total Assets Analysis

ALNY Stock  USD 253.35  2.37  0.94%   
Alnylam Pharmaceuticals financial indicator trend analysis is way more than just evaluating Alnylam Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alnylam Pharmaceuticals is a good investment. Please check the relationship between Alnylam Pharmaceuticals Asset Turnover and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alnylam Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Alnylam Stock please use our How to Invest in Alnylam Pharmaceuticals guide.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alnylam Pharmaceuticals Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alnylam Pharmaceuticals' Asset Turnover and Total Assets is 0.59. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Alnylam Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Alnylam Pharmaceuticals' Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Alnylam Pharmaceuticals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Alnylam Pharmaceuticals' Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of Alnylam Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alnylam Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Alnylam Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alnylam Pharmaceuticals 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 Alnylam Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Alnylam Stock please use our How to Invest in Alnylam Pharmaceuticals guide.At this time, Alnylam Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 7.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.41 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit704.1M868.6M1.5B1.6B
Total Revenue844.3M1.0B1.8B1.9B

Alnylam Pharmaceuticals fundamental ratios Correlations

0.910.92-0.10.950.6-0.970.750.640.92-0.360.720.980.780.960.870.390.910.960.990.960.780.70.430.850.98
0.910.83-0.450.890.84-0.960.590.50.84-0.540.740.860.560.890.980.290.980.970.90.930.950.60.230.960.89
0.920.83-0.130.960.59-0.890.660.430.94-0.220.580.850.70.910.790.480.860.920.870.920.680.790.70.740.89
-0.1-0.45-0.13-0.17-0.710.260.050.2-0.130.36-0.260.010.29-0.11-0.560.03-0.49-0.31-0.08-0.19-0.58-0.20.27-0.56-0.02
0.950.890.96-0.170.64-0.960.770.450.96-0.280.650.880.730.950.850.450.90.960.910.980.730.720.540.820.95
0.60.840.59-0.710.64-0.710.270.030.59-0.60.670.510.170.670.840.150.810.770.580.70.910.410.050.830.57
-0.97-0.96-0.890.26-0.96-0.71-0.77-0.55-0.90.43-0.76-0.93-0.74-0.95-0.93-0.33-0.96-0.98-0.96-0.98-0.84-0.67-0.33-0.92-0.97
0.750.590.660.050.770.27-0.770.40.730.00.70.720.840.720.590.260.630.680.720.750.370.560.270.620.79
0.640.50.430.20.450.03-0.550.40.37-0.40.340.750.60.460.47-0.010.480.470.710.470.440.370.090.480.62
0.920.840.94-0.130.960.59-0.90.730.37-0.120.620.830.720.910.790.630.860.930.850.930.650.620.570.730.9
-0.36-0.54-0.220.36-0.28-0.60.430.0-0.4-0.12-0.4-0.41-0.05-0.34-0.520.35-0.46-0.43-0.43-0.39-0.71-0.180.22-0.57-0.37
0.720.740.58-0.260.650.67-0.760.70.340.62-0.40.710.550.710.740.020.740.730.730.710.720.480.030.80.73
0.980.860.850.010.880.51-0.930.720.750.83-0.410.710.80.930.810.260.850.90.990.90.740.680.370.810.97
0.780.560.70.290.730.17-0.740.840.60.72-0.050.550.80.720.510.330.570.660.780.720.380.520.460.50.82
0.960.890.91-0.110.950.67-0.950.720.460.91-0.340.710.930.720.840.380.890.960.940.960.750.710.450.820.96
0.870.980.79-0.560.850.84-0.930.590.470.79-0.520.740.810.510.840.240.990.930.860.880.940.620.170.990.83
0.390.290.480.030.450.15-0.330.26-0.010.630.350.020.260.330.380.240.330.40.280.380.110.170.490.110.34
0.910.980.86-0.490.90.81-0.960.630.480.86-0.460.740.850.570.890.990.330.970.90.910.910.690.270.970.87
0.960.970.92-0.310.960.77-0.980.680.470.93-0.430.730.90.660.960.930.40.970.930.980.870.690.380.90.94
0.990.90.87-0.080.910.58-0.960.720.710.85-0.430.730.990.780.940.860.280.90.930.930.790.690.350.860.97
0.960.930.92-0.190.980.7-0.980.750.470.93-0.390.710.90.720.960.880.380.910.980.930.790.670.420.850.97
0.780.950.68-0.580.730.91-0.840.370.440.65-0.710.720.740.380.750.940.110.910.870.790.790.50.060.930.74
0.70.60.79-0.20.720.41-0.670.560.370.62-0.180.480.680.520.710.620.170.690.690.690.670.50.540.630.64
0.430.230.70.270.540.05-0.330.270.090.570.220.030.370.460.450.170.490.270.380.350.420.060.540.10.41
0.850.960.74-0.560.820.83-0.920.620.480.73-0.570.80.810.50.820.990.110.970.90.860.850.930.630.10.81
0.980.890.89-0.020.950.57-0.970.790.620.9-0.370.730.970.820.960.830.340.870.940.970.970.740.640.410.81
Click cells to compare fundamentals

Alnylam Pharmaceuticals Account Relationship Matchups

Alnylam Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B3.4B3.6B3.5B3.8B4.0B
Other Current Liab206.5M355.9M395.2M545.5M713.0M748.7M
Total Current Liabilities956.4M1.1B1.2B767.9M967.8M1.0B
Total Stockholder Equity1.4B1.0B588.2M(158.2M)(220.6M)(209.6M)
Property Plant And Equipment Net646.4M706.5M733.6M738.6M725.8M762.1M
Net Debt(243.4M)24.6M177.6M453.9M1.9B2.0B
Retained Earnings(3.7B)(4.6B)(5.4B)(6.6B)(7.0B)(6.7B)
Accounts Payable49.9M52.0M73.4M98.1M55.5M28.9M
Cash547.2M496.6M820.0M866.4M812.7M853.3M
Non Current Assets Total661.2M1.2B774.5M854.1M847.2M889.5M
Non Currrent Assets Other18.1M500M40.9M115.5M(576.4M)(547.6M)
Other Assets32.9M40.7M101.1M115.5M132.8M139.4M
Cash And Short Term Investments1.5B1.9B2.4B2.2B2.4B2.6B
Common Stock Shares Outstanding109.3M115.0M118.5M121.7M124.9M70.4M
Short Term Investments989.0M1.4B1.6B1.3B1.6B1.7B
Liabilities And Stockholders Equity2.4B3.4B3.6B3.5B3.8B4.0B
Non Current Liabilities Total603.8M1.3B1.9B2.9B3.1B3.2B
Other Current Assets98.4M625.5M88.1M132.9M126.4M94.5M
Total Liab956.4M2.4B3.1B3.7B4.1B4.3B
Property Plant And Equipment Gross425.2M706.5M733.6M738.6M948.9M996.3M
Total Current Assets1.7B2.2B2.9B2.7B3.0B3.1B
Accumulated Other Comprehensive Income(36.5M)(43.6M)(33.3M)(44.7M)(23.4M)(22.2M)
Property Plant Equipment425.2M465.0M502.0M523.5M602.0M632.1M
Short Long Term Debt Total303.8M521.2M997.6M1.3B2.7B2.8B
Other Liab327.7M352.3M1.4B406.4M467.3M490.7M
Current Deferred Revenue396.2M352.3M301.8M42.1M102.8M119.3M
Other Stockholder Equity5.2B5.6B6.1B6.5B6.8B7.2B
Short Term Debt303.8M50.2M77.6M82.3M96.5M101.3M
Net Receivables43.0M102.4M198.6M238.0M327.8M344.2M
Common Stock Total Equity1.1M1.2M1.2M1.2M1.4M770.9K
Common Stock1.1M1.2M1.2M1.2M1.3M801.6K
Net Tangible Assets1.4B1.0B588.2M(158.2M)(182.0M)(172.9M)
Retained Earnings Total Equity(3.7B)(4.6B)(5.4B)(6.6B)(5.9B)(5.6B)
Capital Surpluse5.2B5.6B6.1B6.5B7.4B7.8B
Inventory56.3M92.3M122.7M129.0M89.1M93.6M
Non Current Liabilities Other603.8M1.6B1.7B1.5B1.6B1.7B

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