Incyte Income Before Tax vs Cost Of Revenue Analysis

INCY Stock  USD 73.77  0.05  0.07%   
Incyte financial indicator trend analysis is infinitely more than just investigating Incyte recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Incyte is a good investment. Please check the relationship between Incyte Income Before Tax and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Incyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Incyte Stock please use our How to Invest in Incyte guide.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Incyte Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Incyte's Income Before Tax and Cost Of Revenue is 0.74. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Incyte, assuming nothing else is changed. The correlation between historical values of Incyte's Income Before Tax and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Incyte are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Incyte's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Incyte income statement and is an important metric when analyzing Incyte profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Cost Of Revenue

Cost of Revenue is found on Incyte income statement and represents the costs associated with goods and services Incyte provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Incyte's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Incyte 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 Incyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Incyte Stock please use our How to Invest in Incyte guide.At this time, Incyte's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 264.3 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.34 in 2025.
 2022 2023 2024 2025 (projected)
Total Operating Expenses2.6B2.8B3.2B3.4B
Cost Of Revenue207.0M255M293.3M307.9M

Incyte fundamental ratios Correlations

-0.620.950.851.00.98-0.960.710.760.990.991.00.55-0.220.990.950.911.0-0.40.90.990.990.360.910.91-0.66
-0.62-0.46-0.27-0.69-0.670.74-0.54-0.55-0.59-0.63-0.59-0.230.77-0.59-0.64-0.27-0.610.71-0.39-0.66-0.62-0.44-0.63-0.490.95
0.95-0.460.880.930.92-0.860.780.680.940.940.940.42-0.10.920.830.920.94-0.280.920.950.960.170.80.94-0.48
0.85-0.270.880.810.82-0.750.580.690.840.850.840.540.150.820.770.940.840.120.770.830.830.380.770.79-0.31
1.0-0.690.930.810.98-0.970.730.760.990.990.990.52-0.310.980.950.870.99-0.460.880.990.990.360.910.9-0.73
0.98-0.670.920.820.98-0.960.670.820.970.980.970.58-0.270.950.950.870.98-0.440.820.990.980.40.90.88-0.71
-0.960.74-0.86-0.75-0.97-0.96-0.7-0.82-0.96-0.94-0.96-0.570.39-0.95-0.93-0.8-0.960.51-0.8-0.96-0.95-0.4-0.89-0.860.79
0.71-0.540.780.580.730.67-0.70.440.730.710.71-0.06-0.430.730.470.560.71-0.390.780.70.75-0.080.50.87-0.48
0.76-0.550.680.690.760.82-0.820.440.760.750.750.6-0.220.760.780.70.77-0.310.460.780.720.470.680.71-0.59
0.99-0.590.940.840.990.97-0.960.730.760.981.00.53-0.220.990.930.911.0-0.410.910.980.980.30.890.92-0.64
0.99-0.630.940.850.990.98-0.940.710.750.980.980.54-0.220.970.940.90.98-0.390.880.990.990.40.910.9-0.67
1.0-0.590.940.840.990.97-0.960.710.751.00.980.54-0.20.990.940.911.0-0.40.910.980.990.320.910.91-0.64
0.55-0.230.420.540.520.58-0.57-0.060.60.530.540.540.220.520.70.60.55-0.050.310.550.50.630.680.31-0.33
-0.220.77-0.10.15-0.31-0.270.39-0.43-0.22-0.22-0.22-0.20.22-0.24-0.20.16-0.220.68-0.12-0.26-0.240.03-0.14-0.250.79
0.99-0.590.920.820.980.95-0.950.730.760.990.970.990.52-0.240.920.90.99-0.430.90.970.970.310.880.93-0.66
0.95-0.640.830.770.950.95-0.930.470.780.930.940.940.7-0.20.920.850.95-0.420.770.950.930.510.940.75-0.72
0.91-0.270.920.940.870.87-0.80.560.70.910.90.910.60.160.90.850.91-0.070.860.890.90.330.830.83-0.33
1.0-0.610.940.840.990.98-0.960.710.771.00.981.00.55-0.220.990.950.91-0.410.90.990.990.330.910.91-0.66
-0.40.71-0.280.12-0.46-0.440.51-0.39-0.31-0.41-0.39-0.4-0.050.68-0.43-0.42-0.07-0.41-0.32-0.43-0.42-0.04-0.34-0.370.71
0.9-0.390.920.770.880.82-0.80.780.460.910.880.910.31-0.120.90.770.860.9-0.320.870.920.060.760.88-0.45
0.99-0.660.950.830.990.99-0.960.70.780.980.990.980.55-0.260.970.950.890.99-0.430.870.990.360.910.9-0.7
0.99-0.620.960.830.990.98-0.950.750.720.980.990.990.5-0.240.970.930.90.99-0.420.920.990.310.90.92-0.66
0.36-0.440.170.380.360.4-0.4-0.080.470.30.40.320.630.030.310.510.330.33-0.040.060.360.310.540.06-0.45
0.91-0.630.80.770.910.9-0.890.50.680.890.910.910.68-0.140.880.940.830.91-0.340.760.910.90.540.71-0.66
0.91-0.490.940.790.90.88-0.860.870.710.920.90.910.31-0.250.930.750.830.91-0.370.880.90.920.060.71-0.51
-0.660.95-0.48-0.31-0.73-0.710.79-0.48-0.59-0.64-0.67-0.64-0.330.79-0.66-0.72-0.33-0.660.71-0.45-0.7-0.66-0.45-0.66-0.51
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Incyte Account Relationship Matchups

Incyte fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.6B4.9B5.8B6.8B7.8B8.2B
Short Long Term Debt Total34.9M34.3M44.6M38.3M44.0M41.8M
Other Current Liab517.5M669.0M861.0M1.1B1.2B1.3B
Total Current Liabilities648.8M885.1M1.2B1.2B1.4B1.5B
Total Stockholder Equity2.6B3.8B4.4B5.2B6.0B6.3B
Property Plant And Equipment Net588.1M751.5M765.6M777.0M893.6M938.3M
Net Debt(1.5B)(2.0B)(2.9B)(3.2B)(2.9B)(2.7B)
Retained Earnings(1.7B)(777.9M)(437.2M)160.4M144.3M151.6M
Accounts Payable98.8M172.1M277.5M109.6M126.0M132.3M
Cash1.5B2.1B3.0B3.2B3.7B3.9B
Non Current Assets Total1.1B1.7B1.6B2.1B2.5B2.6B
Cash And Short Term Investments1.8B2.3B3.2B3.7B4.2B4.4B
Common Stock Shares Outstanding218.1M222.1M224.0M225.9M259.8M130.7M
Liabilities And Stockholders Equity3.6B4.9B5.8B6.8B7.8B8.2B
Non Current Liabilities Total300.9M278.3M254.3M351.9M404.7M340.4M
Other Current Assets60.1M126.3M167.0M182.8M210.3M220.8M
Other Stockholder Equity4.4B4.6B4.8B5.0B5.8B6.1B
Total Liab949.7M1.2B1.5B1.6B1.8B1.9B
Total Current Assets2.4B3.2B4.2B4.6B5.3B5.6B
Short Term Debt15.0M13.2M11.4M9.1M10.5M10.0M
Non Currrent Assets Other62.8M68.1M106.1M260.9M300.1M315.1M
Net Receivables482.0M616.3M644.9M743.6M855.1M897.8M
Property Plant And Equipment Gross559.6M751.5M765.6M1.0B1.2B1.3B
Accumulated Other Comprehensive Income(15.4M)(19.5M)15.1M13.1M15.1M15.8M
Intangible Assets172.3M150.8M129.2M123.5M142.1M74.2M
Short Term Investments288.4M290.8M287.5M442.7M398.4M418.3M
Other Assets55.6M25.1M467.5M564.0M648.6M681.1M
Common Stock Total Equity216K219K221K223K256.5K154K
Common Stock219K221K223K224K257.6K157.9K
Property Plant Equipment377.6M559.6M723.9M739.3M850.2M892.7M
Current Deferred Revenue448.9M617.0M457.9M1.0B1.2B1.2B
Other Liab271.2M266M244M269.6M310.0M156.9M
Inventory36.0M56.9M121.0M63.0M72.4M76.0M
Net Tangible Assets2.2B2.3B3.5B4.1B4.7B4.9B
Retained Earnings Total Equity(1.4B)(1.7B)(777.9M)(437.2M)(502.8M)(527.9M)
Capital Surpluse4.0B4.4B4.6B4.8B5.5B3.4B
Non Current Liabilities Other318.5M309.0M313.8M322.7M371.1M278.6M

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