Galapagos Net Income vs Gross Profit Analysis
GLPG Stock | USD 25.22 0.42 1.64% |
Galapagos financial indicator trend analysis is much more than just examining Galapagos NV ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galapagos NV ADR is a good investment. Please check the relationship between Galapagos Net Income and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galapagos NV ADR Net Income account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Galapagos' Net Income and Gross Profit is 0.16. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Galapagos NV ADR, assuming nothing else is changed. The correlation between historical values of Galapagos' Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Galapagos NV ADR are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Galapagos' Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Galapagos NV ADR financial statement analysis. It represents the amount of money remaining after all of Galapagos NV ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Galapagos NV ADR minus its cost of goods sold. It is profit before Galapagos operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Galapagos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galapagos NV ADR 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Galapagos' Tax Provision is most likely to increase significantly in the upcoming years. The Galapagos' current Enterprise Value Over EBITDA is estimated to increase to 46.90, while Sales General And Administrative To Revenue is projected to decrease to 0.28.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.7M | 7.0M | 2.0M | 2.5M | Depreciation And Amortization | 21.3M | 29.9M | 43.6M | 45.8M |
Galapagos fundamental ratios Correlations
Click cells to compare fundamentals
Galapagos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galapagos fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.1B | 5.7B | 5.2B | 4.7B | 4.4B | 4.6B | |
Other Current Liab | 9.2M | 456.3M | 423.2M | 381.0M | 288.9M | 303.3M | |
Total Current Liabilities | 571.8M | 635.3M | 566.5M | 522.5M | 428.2M | 449.6M | |
Total Stockholder Equity | 2.9B | 2.7B | 2.6B | 2.5B | 2.8B | 2.9B | |
Property Plant And Equipment Net | 66.1M | 103.4M | 137.5M | 154.3M | 126.3M | 132.6M | |
Net Debt | (1.8B) | (2.1B) | (2.2B) | (486.2M) | (157.2M) | (165.1M) | |
Retained Earnings | (109.2M) | (334.7M) | (367.2M) | (496.7M) | (228.3M) | (239.7M) | |
Accounts Payable | 142.5M | 171.3M | 134.3M | 133.3M | 134.7M | 141.4M | |
Cash | 1.9B | 2.1B | 2.2B | 508.1M | 166.8M | 158.5M | |
Non Current Assets Total | 202.7M | 348.4M | 331.3M | 497.5M | 510.4M | 536.0M | |
Cash And Short Term Investments | 5.8B | 5.2B | 4.7B | 4.1B | 3.7B | 3.9B | |
Net Receivables | 80.1M | 134.6M | 91.8M | 28.2M | 17.5M | 16.6M | |
Common Stock Total Equity | 233.4M | 236.5M | 287.3M | 291.3M | 335.0M | 176.9M | |
Common Stock Shares Outstanding | 57.6M | 65.1M | 65.5M | 65.7M | 65.9M | 40.3M | |
Liabilities And Stockholders Equity | 6.1B | 5.7B | 5.2B | 4.7B | 4.4B | 4.6B | |
Non Current Liabilities Total | 2.6B | 2.4B | 2.0B | 1.7B | 1.2B | 1.2B | |
Inventory | 255K | 355K | 20.6M | 52.9M | 74.0M | 77.7M | |
Total Liab | 3.2B | 3.0B | 2.5B | 2.2B | 1.6B | 1.6B | |
Property Plant And Equipment Gross | 40.7M | 68.3M | 188.8M | 215.4M | 177.6M | 186.5M | |
Total Current Assets | 5.9B | 5.4B | 4.9B | 4.2B | 3.9B | 4.1B | |
Intangible Assets | 24.9M | 67.6M | 60.1M | 146.4M | 119.2M | 125.1M | |
Common Stock | 287.3M | 291.3M | 292.1M | 293.6M | 293.9M | 198.7M | |
Non Currrent Assets Other | 96.2M | 164.0M | 2.5M | 1.2M | 35.0M | 37.3M | |
Other Current Assets | 4.7M | 72.9M | 46.3M | 61.7M | 85.6M | 89.9M | |
Accumulated Other Comprehensive Income | (6.0M) | (14.1M) | (11.9M) | (6.4M) | (7.1M) | (6.7M) | |
Short Long Term Debt Total | 25.4M | 29.4M | 26.9M | 21.9M | 9.6M | 8.1M | |
Current Deferred Revenue | 414.3M | 443.2M | 419.9M | 365.6M | 256.3M | 149.7M | |
Other Stockholder Equity | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.9B | |
Short Term Debt | 5.8M | 6.4M | 7.2M | 7.2M | 4.7M | 2.5M | |
Other Liab | 2.6B | 2.4B | 2.0B | 1.7B | 1.9B | 987.1M | |
Net Tangible Assets | 1.2B | 2.9B | 2.6B | 2.6B | 3.0B | 3.1B | |
Other Assets | 115.3M | 181.8M | 145.5M | (14.6M) | (16.8M) | (16.0M) | |
Property Plant Equipment | 66.1M | 103.4M | 137.5M | 154.3M | 177.4M | 186.3M | |
Short Term Investments | 3.9B | 3.0B | 2.5B | 3.6B | 3.6B | 3.4B | |
Deferred Long Term Liab | 0.0 | 14.9M | 13.3M | 11.8M | 10.6M | 10.1M | |
Long Term Investments | 31.1M | 11.3M | 9.0M | 0.0 | 13.6M | 12.9M |
Currently Active Assets on Macroaxis
When determining whether Galapagos NV ADR is a strong investment it is important to analyze Galapagos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Galapagos' future performance. For an informed investment choice regarding Galapagos Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology 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 Galapagos. If investors know Galapagos 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 Galapagos 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 0.748 | Earnings Share (0.97) | Revenue Per Share 0.1977 | Quarterly Revenue Growth (0.50) | Return On Assets (0.02) |
The market value of Galapagos NV ADR is measured differently than its book value, which is the value of Galapagos that is recorded on the company's balance sheet. Investors also form their own opinion of Galapagos' value that differs from its market value or its book value, called intrinsic value, which is Galapagos' 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 Galapagos' market value can be influenced by many factors that don't directly affect Galapagos' 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 Galapagos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galapagos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galapagos' 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.