GlycoMimetics Net Income vs Other Operating Expenses Analysis

GLYC Stock  USD 0.35  0.04  12.90%   
GlycoMimetics financial indicator trend analysis is much more than just examining GlycoMimetics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlycoMimetics is a good investment. Please check the relationship between GlycoMimetics Net Income and its Other Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlycoMimetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.

Net Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlycoMimetics Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between GlycoMimetics' Net Income and Other Operating Expenses is -0.83. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of GlycoMimetics, assuming nothing else is changed. The correlation between historical values of GlycoMimetics' Net Income and Other Operating Expenses 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 GlycoMimetics are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., GlycoMimetics' Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in GlycoMimetics financial statement analysis. It represents the amount of money remaining after all of GlycoMimetics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of GlycoMimetics. It is also known as GlycoMimetics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from GlycoMimetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlycoMimetics 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 GlycoMimetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 2,017, whereas Selling General Administrative is forecasted to decline to about 13.3 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation264.6K207.1K175.7K198.4K
Interest Income19.8K714.5K2.2M1.3M

GlycoMimetics fundamental ratios Correlations

0.660.180.98-0.260.66-0.32-0.98-0.330.790.980.740.630.030.980.590.550.030.410.630.160.461.00.560.370.94
0.660.040.65-0.580.74-0.59-0.63-0.630.510.630.80.620.180.630.790.81-0.160.330.78-0.030.750.650.790.60.44
0.180.040.090.750.20.75-0.18-0.06-0.060.180.250.080.370.18-0.020.00.860.120.080.990.210.18-0.04-0.090.15
0.980.650.09-0.310.64-0.36-1.0-0.260.791.00.710.610.021.00.540.55-0.010.410.620.070.470.980.560.380.96
-0.26-0.580.75-0.31-0.360.990.230.42-0.36-0.23-0.35-0.40.13-0.23-0.56-0.510.8-0.12-0.450.79-0.35-0.26-0.54-0.45-0.16
0.660.740.20.64-0.36-0.36-0.62-0.470.470.630.950.680.120.630.590.570.190.720.630.210.80.650.570.380.57
-0.32-0.590.75-0.360.99-0.360.280.42-0.45-0.28-0.35-0.390.14-0.28-0.59-0.530.81-0.1-0.470.79-0.33-0.32-0.57-0.51-0.2
-0.98-0.63-0.18-1.00.23-0.620.280.23-0.78-1.0-0.7-0.6-0.05-1.0-0.51-0.52-0.06-0.39-0.6-0.15-0.45-0.98-0.53-0.35-0.96
-0.33-0.63-0.06-0.260.42-0.470.420.23-0.3-0.23-0.49-0.37-0.18-0.23-0.93-0.890.16-0.09-0.890.01-0.59-0.32-0.89-0.66-0.12
0.790.51-0.060.79-0.360.47-0.45-0.78-0.30.770.550.550.240.770.530.46-0.240.030.53-0.090.390.790.50.60.74
0.980.630.181.0-0.230.63-0.28-1.0-0.230.770.710.60.051.00.510.520.070.40.60.160.470.980.530.350.96
0.740.80.250.71-0.350.95-0.35-0.7-0.490.550.710.840.270.710.640.630.120.610.680.240.790.720.620.490.63
0.630.620.080.61-0.40.68-0.39-0.6-0.370.550.60.840.430.60.50.48-0.140.330.530.060.580.620.470.520.57
0.030.180.370.020.130.120.14-0.05-0.180.240.050.270.430.050.10.170.12-0.110.190.320.460.020.150.610.01
0.980.630.181.0-0.230.63-0.28-1.0-0.230.771.00.710.60.050.510.520.070.40.60.160.470.980.530.350.96
0.590.79-0.020.54-0.560.59-0.59-0.51-0.930.530.510.640.50.10.510.94-0.280.170.93-0.090.60.590.950.710.37
0.550.810.00.55-0.510.57-0.53-0.52-0.890.460.520.630.480.170.520.94-0.190.20.98-0.080.680.540.990.740.37
0.03-0.160.86-0.010.80.190.81-0.060.16-0.240.070.12-0.140.120.07-0.28-0.190.31-0.090.90.190.02-0.23-0.340.1
0.410.330.120.41-0.120.72-0.1-0.39-0.090.030.40.610.33-0.110.40.170.20.310.250.180.470.40.180.020.42
0.630.780.080.62-0.450.63-0.47-0.6-0.890.530.60.680.530.190.60.930.98-0.090.250.010.730.620.980.710.49
0.16-0.030.990.070.790.210.79-0.150.01-0.090.160.240.060.320.16-0.09-0.080.90.180.010.170.15-0.11-0.170.15
0.460.750.210.47-0.350.8-0.33-0.45-0.590.390.470.790.580.460.470.60.680.190.470.730.170.450.670.630.36
1.00.650.180.98-0.260.65-0.32-0.98-0.320.790.980.720.620.020.980.590.540.020.40.620.150.450.550.370.94
0.560.79-0.040.56-0.540.57-0.57-0.53-0.890.50.530.620.470.150.530.950.99-0.230.180.98-0.110.670.550.750.39
0.370.6-0.090.38-0.450.38-0.51-0.35-0.660.60.350.490.520.610.350.710.74-0.340.020.71-0.170.630.370.750.22
0.940.440.150.96-0.160.57-0.2-0.96-0.120.740.960.630.570.010.960.370.370.10.420.490.150.360.940.390.22
Click cells to compare fundamentals

GlycoMimetics Account Relationship Matchups

GlycoMimetics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets168.0M142.8M94.3M51.8M45.3M88.5M
Other Current Liab8.7M9.4M8.7M7.0M5.2M6.0M
Total Current Liabilities11.0M12.4M11.8M8.9M6.8M9.5M
Total Stockholder Equity154.2M128.2M81.6M42.9M38.4M36.5M
Property Plant And Equipment Net3.8M2.9M1.9M993.6K767.8K1.3M
Net Debt(154.6M)(134.2M)(88.3M)(47.0M)(41.0M)(43.0M)
Retained Earnings(258.4M)(309.5M)(372.9M)(419.6M)(456.5M)(433.7M)
Accounts Payable1.4M2.1M2.1M970.2K868.1K1.5M
Cash158.2M137.0M90.3M47.9M41.8M39.7M
Non Current Assets Total5.4M4.6M4.1M1.1M1.5M2.2M
Other Assets321.0(169.0)1.6M411.01.00.95
Cash And Short Term Investments158.2M137.0M90.3M47.9M41.8M39.7M
Common Stock Total Equity34.4K43.2K43.5K49.0K56.4K59.2K
Common Stock Shares Outstanding43.3M45.7M51.5M52.5M63.3M32.9M
Liabilities And Stockholders Equity168.0M142.8M94.3M51.8M45.3M88.5M
Non Current Liabilities Total2.8M2.2M918.6K1.9M66.8K63.5K
Other Current Assets4.3B1.2M532.5K2.7M1.8M1.7M
Other Stockholder Equity412.6M437.6M454.4M462.5M494.8M300.5M
Total Liab13.8M14.6M12.7M8.9M6.9M10.6M
Property Plant And Equipment Gross3.8M2.9M4.3M3.4M767.8K729.4K
Total Current Assets162.5M138.3M90.3M50.7M43.8M86.3M
Common Stock43.5K49.0K52.3K54.4K64.4K35.1K
Property Plant Equipment822.9K620.7K1.9M993.6K1.1M876.5K
Net Tangible Assets154.2M128.2M81.6M42.9M49.4M46.9M
Net Receivables186.0K2.1K1.3K144.0K175.8K148.9K
Retained Earnings Total Equity(152.3M)(200.6M)(258.4M)(309.5M)(278.5M)(264.6M)
Capital Surpluse271.9M406.0M412.6M437.6M503.3M304.1M
Inventory(4.3B)(1.2B)(533.8M)(144.4K)(130.0K)(136.5K)
Net Invested Capital154.2M128.2M81.6M42.9M38.4M36.5M
Net Working Capital151.6M125.8M79.0M41.8M37.0M35.1M
Capital Stock43.5K49.0K52.3K54.4K64.4K56.2K

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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 GlycoMimetics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GlycoMimetics' 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 Glycomimetics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Glycomimetics Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlycoMimetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 GlycoMimetics. If investors know GlycoMimetics 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 GlycoMimetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.59)
Return On Equity
(1.04)
The market value of GlycoMimetics is measured differently than its book value, which is the value of GlycoMimetics that is recorded on the company's balance sheet. Investors also form their own opinion of GlycoMimetics' value that differs from its market value or its book value, called intrinsic value, which is GlycoMimetics' 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 GlycoMimetics' market value can be influenced by many factors that don't directly affect GlycoMimetics' 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 GlycoMimetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if GlycoMimetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlycoMimetics' 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.