Corcept Current Deferred Revenue vs Revenue Per Share Analysis

CORT Stock  USD 57.68  0.92  1.57%   
Corcept Therapeutics financial indicator trend analysis is way more than just evaluating Corcept Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corcept Therapeutics is a good investment. Please check the relationship between Corcept Therapeutics Current Deferred Revenue and its Revenue Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corcept Therapeutics Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Current Deferred Revenue vs Revenue Per Share

Current Deferred Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corcept Therapeutics Current Deferred Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Corcept Therapeutics' Current Deferred Revenue and Revenue Per Share is 0.92. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Corcept Therapeutics Incorporated, assuming nothing else is changed. The correlation between historical values of Corcept Therapeutics' Current Deferred Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Corcept Therapeutics Incorporated are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Current Deferred Revenue i.e., Corcept Therapeutics' Current Deferred Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Corcept Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corcept 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 Corcept Therapeutics Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to gain to about 193.1 M in 2024. Tax Provision is likely to gain to about 19.3 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses241.5M289.2M375.1M393.8M
Research Development113.9M131.0M184.4M193.6M

Corcept Therapeutics fundamental ratios Correlations

0.760.750.930.740.820.820.50.981.00.850.4-0.160.93-0.730.51-0.760.90.860.960.970.520.030.460.990.86
0.760.890.820.30.90.840.340.770.730.790.21-0.470.58-0.590.08-0.330.830.880.760.640.38-0.25-0.050.690.8
0.750.890.870.190.930.910.320.810.70.750.17-0.360.6-0.490.11-0.220.750.910.690.60.36-0.370.00.660.81
0.930.820.870.480.870.890.430.940.910.890.33-0.230.79-0.640.3-0.510.870.970.830.830.47-0.080.240.870.89
0.740.30.190.480.370.310.550.640.780.520.530.230.87-0.560.74-1.00.540.310.770.860.520.230.730.820.44
0.820.90.930.870.370.910.30.870.780.730.12-0.490.7-0.530.09-0.40.880.860.810.720.33-0.150.00.760.78
0.820.840.910.890.310.910.430.880.760.680.27-0.320.64-0.410.13-0.340.80.880.830.720.480.00.050.760.77
0.50.340.320.430.550.30.430.440.480.330.970.540.47-0.10.36-0.530.180.330.560.510.990.160.330.510.38
0.980.770.810.940.640.870.880.440.970.830.31-0.240.9-0.680.44-0.670.920.880.940.940.470.010.390.960.86
1.00.730.70.910.780.780.760.480.970.860.39-0.150.95-0.760.56-0.80.90.820.940.980.50.020.510.990.85
0.850.790.750.890.520.730.680.330.830.860.29-0.180.77-0.830.39-0.550.790.910.740.760.36-0.350.30.790.86
0.40.210.170.330.530.120.270.970.310.390.290.690.39-0.080.4-0.50.030.240.440.420.940.130.370.410.31
-0.16-0.47-0.36-0.230.23-0.49-0.320.54-0.24-0.15-0.180.69-0.010.30.42-0.19-0.57-0.32-0.17-0.080.490.060.46-0.12-0.26
0.930.580.60.790.870.70.640.470.90.950.770.39-0.01-0.70.69-0.890.790.680.90.970.470.010.650.960.71
-0.73-0.59-0.49-0.64-0.56-0.53-0.41-0.1-0.68-0.76-0.83-0.080.3-0.7-0.410.59-0.75-0.66-0.63-0.69-0.120.39-0.36-0.71-0.81
0.510.080.110.30.740.090.130.360.440.560.390.40.420.69-0.41-0.730.260.20.470.610.33-0.030.980.580.29
-0.76-0.33-0.22-0.51-1.0-0.4-0.34-0.53-0.67-0.8-0.55-0.5-0.19-0.890.59-0.73-0.58-0.35-0.79-0.88-0.49-0.22-0.72-0.84-0.47
0.90.830.750.870.540.880.80.180.920.90.790.03-0.570.79-0.750.26-0.580.830.870.850.220.010.20.880.83
0.860.880.910.970.310.860.880.330.880.820.910.24-0.320.68-0.660.2-0.350.830.750.720.39-0.260.120.770.9
0.960.760.690.830.770.810.830.560.940.940.740.44-0.170.9-0.630.47-0.790.870.750.960.570.150.410.960.78
0.970.640.60.830.860.720.720.510.940.980.760.42-0.080.97-0.690.61-0.880.850.720.960.520.140.581.00.77
0.520.380.360.470.520.330.480.990.470.50.360.940.490.47-0.120.33-0.490.220.390.570.520.150.310.530.42
0.03-0.25-0.37-0.080.23-0.150.00.160.010.02-0.350.130.060.010.39-0.03-0.220.01-0.260.150.140.150.060.1-0.28
0.46-0.050.00.240.730.00.050.330.390.510.30.370.460.65-0.360.98-0.720.20.120.410.580.310.060.530.21
0.990.690.660.870.820.760.760.510.960.990.790.41-0.120.96-0.710.58-0.840.880.770.961.00.530.10.530.81
0.860.80.810.890.440.780.770.380.860.850.860.31-0.260.71-0.810.29-0.470.830.90.780.770.42-0.280.210.81
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Corcept Therapeutics Account Relationship Matchups

Corcept Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets412.3M571.7M423.8M583.4M621.5M652.6M
Other Current Liab30.1M(11.5M)39.1M58.1M65.4M68.7M
Total Current Liabilities41.1M10.6M6.9M81.6M104.5M109.7M
Accounts Payable7.5M10.6M6.9M12.0M17.4M18.3M
Cash315.3M476.9M335.8M436.6M135.6M116.6M
Other Current Assets6.0M6.7M10.3M45.0M41.6M43.6M
Total Liab41.1M48.4M48.0M81.6M114.8M120.6M
Common Stock120K122K127K131K133K85.9K
Property Plant Equipment1.1M1.7M1.0M1.8M2.0M2.1M
Total Stockholder Equity371.2M523.3M375.8M501.8M506.7M532.0M
Other Assets61.1M52.9M43.5M77.5M89.1M93.5M
Common Stock Shares Outstanding122.6M124.2M126.0M116.0M111.7M83.1M
Liabilities And Stockholders Equity412.3M571.7M423.8M583.4M621.5M652.6M
Other Stockholder Equity394.4M440.3M180.9M206.2M103.4M98.3M
Short Term Investments244.7M364.5M145.9M365.3M232.7M244.3M
Property Plant And Equipment Net3.4M2.5M514K1.1M315K559.2K
Net Debt(311.9M)(474.3M)(335.3M)(435.5M)(135.4M)(142.2M)
Retained Earnings(23.6M)82.5M195.0M296.4M402.5M422.7M
Non Current Assets Total59.7M47.5M42.4M84.7M162.9M171.0M
Non Currrent Assets Other10.5M13.4M14.4M17.2M14.8M15.5M
Cash And Short Term Investments315.3M476.9M335.8M436.6M368.2M386.6M
Common Stock Total Equity117K120K122K127K146.1K87.7K
Non Current Liabilities Total1.9M37.8M41.0M9.1M10.3M12.7M
Property Plant And Equipment Gross4.5M4.2M514K1.1M315K299.3K
Total Current Assets352.6M524.2M381.4M498.7M458.6M481.6M
Accumulated Other Comprehensive Income261K415K(227K)(869K)609K639.5K
Net Tangible Assets371.2M523.3M375.8M501.8M577.1M606.0M
Retained Earnings Total Equity(117.7M)(23.6M)82.5M195.0M224.2M235.4M
Capital Surpluse417.2M457.1M516.1M591.3M680.1M426.4M
Inventory17.4M21.2M18.0M17.0M7.7M9.6M
Net Receivables19.9M26.2M27.6M31.1M41.1M43.2M
Net Invested Capital371.2M523.3M375.8M501.8M506.7M431.5M
Long Term Investments39.4M36.2M112.3M4.9M57.2M41.7M

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When running Corcept Therapeutics' price analysis, check to measure Corcept Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corcept Therapeutics is operating at the current time. Most of Corcept Therapeutics' value examination focuses on studying past and present price action to predict the probability of Corcept Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corcept Therapeutics' price. Additionally, you may evaluate how the addition of Corcept Therapeutics to your portfolios can decrease your overall portfolio volatility.