Genmab Non Currrent Assets Other vs Total Current Liabilities Analysis

GMAB Stock  USD 20.71  0.24  1.17%   
Genmab AS financial indicator trend analysis is much more than just examining Genmab AS latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genmab AS is a good investment. Please check the relationship between Genmab AS Non Currrent Assets Other and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genmab AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Genmab Stock refer to our How to Trade Genmab Stock guide.

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genmab AS Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Genmab AS's Non Currrent Assets Other and Total Current Liabilities is 0.82. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Genmab AS, assuming nothing else is changed. The correlation between historical values of Genmab AS's Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Genmab AS are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Genmab AS's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Liabilities

Total Current Liabilities is an item on Genmab AS balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Genmab AS are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Genmab AS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genmab AS 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 Genmab AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Genmab Stock refer to our How to Trade Genmab Stock guide.At present, Genmab AS's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 85 B, whereas Tax Provision is forecasted to decline to about 690.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense13M21M27M16.6M
Depreciation And Amortization250M290M240M252M

Genmab AS fundamental ratios Correlations

0.980.990.891.00.99-0.39-0.980.990.890.980.950.761.00.54-0.350.950.030.720.930.971.00.90.290.570.99
0.980.990.930.971.0-0.25-0.990.980.930.990.880.830.980.44-0.430.97-0.030.610.960.990.980.930.120.480.95
0.990.990.910.980.99-0.37-0.980.980.940.980.910.830.990.49-0.460.950.060.650.940.980.990.880.250.520.97
0.890.930.910.870.92-0.01-0.920.870.880.920.760.820.90.41-0.440.94-0.070.530.990.930.890.82-0.040.450.84
1.00.970.980.870.98-0.42-0.980.990.880.980.950.751.00.55-0.350.940.040.730.910.971.00.90.320.580.99
0.991.00.990.920.98-0.29-0.990.990.920.990.90.820.990.45-0.410.97-0.040.630.961.00.990.90.160.480.96
-0.39-0.25-0.37-0.01-0.42-0.290.28-0.38-0.25-0.27-0.5-0.12-0.36-0.330.23-0.14-0.52-0.46-0.06-0.25-0.38-0.23-0.89-0.33-0.47
-0.98-0.99-0.98-0.92-0.98-0.990.28-0.98-0.9-1.0-0.91-0.81-0.99-0.490.4-0.970.04-0.66-0.95-0.98-0.99-0.9-0.16-0.52-0.96
0.990.980.980.870.990.99-0.38-0.980.90.980.920.790.980.43-0.40.95-0.020.630.910.980.990.890.230.460.97
0.890.930.940.880.880.92-0.25-0.90.90.910.710.870.890.34-0.620.850.090.470.880.930.90.830.050.380.85
0.980.990.980.920.980.99-0.27-1.00.980.910.90.830.990.47-0.420.97-0.040.630.960.990.990.90.160.50.95
0.950.880.910.760.950.9-0.5-0.910.920.710.90.610.940.58-0.210.880.060.780.820.860.940.810.480.60.96
0.760.830.830.820.750.82-0.12-0.810.790.870.830.610.780.16-0.640.76-0.110.20.810.840.770.72-0.030.210.71
1.00.980.990.91.00.99-0.36-0.990.980.890.990.940.780.55-0.360.960.010.710.930.981.00.90.270.580.99
0.540.440.490.410.550.45-0.33-0.490.430.340.470.580.160.550.170.440.090.90.430.420.540.460.451.00.61
-0.35-0.43-0.46-0.44-0.35-0.410.230.4-0.4-0.62-0.42-0.21-0.64-0.360.17-0.3-0.510.04-0.39-0.42-0.36-0.32-0.010.14-0.29
0.950.970.950.940.940.97-0.14-0.970.950.850.970.880.760.960.44-0.3-0.140.620.980.970.960.880.060.470.92
0.03-0.030.06-0.070.04-0.04-0.520.04-0.020.09-0.040.06-0.110.010.09-0.51-0.140.25-0.1-0.070.03-0.050.510.080.07
0.720.610.650.530.730.63-0.46-0.660.630.470.630.780.20.710.90.040.620.250.570.590.710.610.540.90.78
0.930.960.940.990.910.96-0.06-0.950.910.880.960.820.810.930.43-0.390.98-0.10.570.960.930.860.00.460.88
0.970.990.980.930.971.0-0.25-0.980.980.930.990.860.840.980.42-0.420.97-0.070.590.960.980.90.10.460.94
1.00.980.990.891.00.99-0.38-0.990.990.90.990.940.771.00.54-0.360.960.030.710.930.980.90.270.570.99
0.90.930.880.820.90.9-0.23-0.90.890.830.90.810.720.90.46-0.320.88-0.050.610.860.90.90.140.50.88
0.290.120.25-0.040.320.16-0.89-0.160.230.050.160.48-0.030.270.45-0.010.060.510.540.00.10.270.140.450.39
0.570.480.520.450.580.48-0.33-0.520.460.380.50.60.210.581.00.140.470.080.90.460.460.570.50.450.64
0.990.950.970.840.990.96-0.47-0.960.970.850.950.960.710.990.61-0.290.920.070.780.880.940.990.880.390.64
Click cells to compare fundamentals

Genmab AS Account Relationship Matchups

Genmab AS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1B21.1B24.6B30.3B35.3B37.1B
Short Long Term Debt Total181M319M425M597M770M808.5M
Other Current Liab912M1.1B1.2B1.7B2.3B2.4B
Total Current Liabilities938M1.3B1.6B1.8B2.5B2.6B
Total Stockholder Equity14.0B19.1B22.2B27.4B31.6B33.2B
Property Plant And Equipment Net414M736M975M1.3B1.6B1.7B
Net Debt(3.4B)(6.9B)(8.5B)(9.3B)(14.1B)(13.4B)
Retained Earnings2.1B7.1B10.0B15.0B19.0B20.0B
Accounts Payable839M145M350M1.7B2.3B2.4B
Cash3.6B7.3B9.0B9.9B14.9B15.6B
Non Current Assets Total1.2B2.4B1.9B1.9B2.2B2.3B
Non Currrent Assets Other11M20M27M48M212M341.3M
Cash And Short Term Investments11.0B16.1B19.3B22.3B28.1B29.5B
Common Stock Total Equity61.2M61.5M65M66M75.9M52.4M
Common Stock Shares Outstanding63.6M658.9M660.5M660.1M65.9M62.6M
Liabilities And Stockholders Equity15.1B21.1B24.6B30.3B35.3B37.1B
Non Current Liabilities Total158M769M863M1.0B1.2B1.3B
Other Current Assets10.4B249M31M143M164.5M156.2M
Other Stockholder Equity11.8B11.9B12.0B12.2B12.5B7.6B
Total Liab1.1B2.0B2.4B2.8B3.7B3.9B
Property Plant And Equipment Gross414M736M1.3B1.8B2.3B2.4B
Total Current Assets14.0B18.8B22.7B28.4B33.1B34.8B
Short Term Debt26M42M62M74M90M94.5M
Intangible Assets470M338M254M146M101M192.7M
Common Stock61.2M61.5M65M66M75.9M55.1M
Short Term Investments7.4B8.8B10.4B12.4B13.3B13.9B
Net Receivables3.0B2.5B3.4B5.7B4.9B5.2B
Inventory(10.4B)(249M)(31M)(143M)57M59.9M
Accumulated Other Comprehensive Income91.7M98M54M81M60M56.5M
Net Tangible Assets13.6B18.8B21.9B27.3B31.4B33.0B
Other Assets150M197M291M300M345M243.7M
Capital Lease Obligations181M319M425M597M770M808.5M
Long Term Investments149M1.1B371M133M134M228.3M
Property Plant Equipment414M736M975M1.3B1.5B1.6B
Net Invested Capital14.0B19.1B22.2B27.4B31.6B20.2B
Net Working Capital13.0B17.5B21.2B26.6B30.7B19.1B

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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 Genmab AS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genmab AS's 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 Genmab As Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genmab As Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genmab AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Genmab Stock refer to our How to Trade Genmab Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Genmab AS. If investors know Genmab 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 Genmab AS 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
(0.38)
Earnings Share
1.02
Revenue Per Share
30.6997
Quarterly Revenue Growth
0.176
Return On Assets
0.1095
The market value of Genmab AS is measured differently than its book value, which is the value of Genmab that is recorded on the company's balance sheet. Investors also form their own opinion of Genmab AS's value that differs from its market value or its book value, called intrinsic value, which is Genmab AS's 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 Genmab AS's market value can be influenced by many factors that don't directly affect Genmab AS's 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 Genmab AS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genmab AS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genmab AS's 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.