Lexicon Change To Liabilities vs Depreciation Analysis

LXRX Stock  USD 0.86  0.09  11.69%   
Lexicon Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Lexicon Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lexicon Pharmaceuticals is a good investment. Please check the relationship between Lexicon Pharmaceuticals Change To Liabilities and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexicon Pharmaceuticals. 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.
For more information on how to buy Lexicon Stock please use our How to Invest in Lexicon Pharmaceuticals guide.

Change To Liabilities vs Depreciation

Change To Liabilities vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lexicon Pharmaceuticals Change To Liabilities account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lexicon Pharmaceuticals' Change To Liabilities and Depreciation is -0.32. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Depreciation in the same time period over historical financial statements of Lexicon Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Lexicon Pharmaceuticals' Change To Liabilities and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Lexicon Pharmaceuticals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Liabilities i.e., Lexicon Pharmaceuticals' Change To Liabilities and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Liabilities

Depreciation

Depreciation indicates how much of Lexicon Pharmaceuticals value has been used up. For tax purposes Lexicon Pharmaceuticals can deduct the cost of the tangible assets it purchases as business expenses. However, Lexicon Pharmaceuticals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Lexicon Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lexicon Pharmaceuticals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexicon Pharmaceuticals. 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.
For more information on how to buy Lexicon Stock please use our How to Invest in Lexicon Pharmaceuticals guide.At this time, Lexicon Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 145.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.71) in 2024.
 2023 2024 (projected)
Extraordinary Items3.6M3.2M
Reconciled Depreciation510K484.5K

Lexicon Pharmaceuticals fundamental ratios Correlations

0.430.230.680.390.360.51-0.57-0.110.470.840.740.130.980.18-0.050.880.720.450.130.780.30.980.330.53-0.39
0.430.390.46-0.2-0.080.240.35-0.340.540.180.21-0.160.390.570.130.50.90.0-0.390.83-0.140.450.110.25-0.23
0.230.390.54-0.12-0.370.60.2-0.310.270.02-0.22-0.20.280.660.210.430.30.07-0.140.42-0.430.35-0.050.14-0.14
0.680.460.540.31-0.020.82-0.37-0.180.860.650.3-0.130.740.160.050.80.580.090.170.8-0.090.730.280.25-0.29
0.39-0.2-0.120.310.20.12-0.550.310.180.480.24-0.20.44-0.35-0.180.35-0.020.380.260.10.120.40.45-0.12-0.25
0.36-0.08-0.37-0.020.2-0.22-0.390.410.020.350.77-0.170.22-0.03-0.460.20.19-0.25-0.120.130.980.190.140.13-0.48
0.510.240.60.820.12-0.22-0.29-0.430.590.460.030.130.630.090.380.640.360.020.430.57-0.220.61-0.080.350.11
-0.570.350.2-0.37-0.55-0.39-0.29-0.33-0.17-0.86-0.49-0.23-0.60.480.43-0.37-0.02-0.39-0.45-0.15-0.35-0.53-0.34-0.160.42
-0.11-0.34-0.31-0.180.310.41-0.43-0.33-0.260.140.0-0.13-0.12-0.06-0.89-0.16-0.22-0.1-0.43-0.230.33-0.130.34-0.75-0.6
0.470.540.270.860.180.020.59-0.17-0.260.490.31-0.240.490.040.090.650.56-0.070.210.73-0.020.470.240.25-0.18
0.840.180.020.650.480.350.46-0.860.140.490.630.130.86-0.21-0.350.690.520.430.260.620.270.820.390.31-0.55
0.740.21-0.220.30.240.770.03-0.490.00.310.63-0.080.6-0.06-0.170.530.520.170.040.50.740.580.190.56-0.39
0.13-0.16-0.2-0.13-0.2-0.170.13-0.23-0.13-0.240.13-0.080.2-0.10.1-0.03-0.110.190.34-0.13-0.060.180.170.210.25
0.980.390.280.740.440.220.63-0.6-0.120.490.860.60.20.13-0.010.890.670.470.210.770.160.990.330.47-0.34
0.180.570.660.16-0.35-0.030.090.48-0.060.04-0.21-0.06-0.10.13-0.010.30.41-0.09-0.550.36-0.080.230.130.04-0.23
-0.050.130.210.05-0.18-0.460.380.43-0.890.09-0.35-0.170.1-0.01-0.010.070.02-0.010.40.03-0.36-0.01-0.480.490.84
0.880.50.430.80.350.20.64-0.37-0.160.650.690.53-0.030.890.30.070.710.30.140.820.160.90.180.38-0.27
0.720.90.30.58-0.020.190.36-0.02-0.220.560.520.52-0.110.670.410.020.710.1-0.30.950.120.70.10.35-0.37
0.450.00.070.090.38-0.250.02-0.39-0.1-0.070.430.170.190.47-0.09-0.010.30.10.290.11-0.320.490.310.32-0.15
0.13-0.39-0.140.170.26-0.120.43-0.45-0.430.210.260.040.340.21-0.550.40.14-0.30.29-0.16-0.040.15-0.020.480.4
0.780.830.420.80.10.130.57-0.15-0.230.730.620.5-0.130.770.360.030.820.950.11-0.160.060.790.170.35-0.38
0.3-0.14-0.43-0.090.120.98-0.22-0.350.33-0.020.270.74-0.060.16-0.08-0.360.160.12-0.32-0.040.060.130.050.18-0.33
0.980.450.350.730.40.190.61-0.53-0.130.470.820.580.180.990.23-0.010.90.70.490.150.790.130.340.47-0.35
0.330.11-0.050.280.450.14-0.08-0.340.340.240.390.190.170.330.13-0.480.180.10.31-0.020.170.050.34-0.04-0.52
0.530.250.140.25-0.120.130.35-0.16-0.750.250.310.560.210.470.040.490.380.350.320.480.350.180.47-0.040.16
-0.39-0.23-0.14-0.29-0.25-0.480.110.42-0.6-0.18-0.55-0.390.25-0.34-0.230.84-0.27-0.37-0.150.4-0.38-0.33-0.35-0.520.16
Click cells to compare fundamentals

Lexicon Pharmaceuticals Account Relationship Matchups

Lexicon Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets417.7M203.8M136.9M194.3M229.4M326.8M
Short Long Term Debt Total246.3M12.8M2.3M55.3M106.1M76.2M
Other Current Liab42.2M29.1M11.9M11.5M15.9M12.8M
Total Current Liabilities65.3M46.8M22.1M23.2M31.5M48.4M
Total Stockholder Equity(1.3B)156.4M(1.5B)(1.6B)93.1M97.8M
Property Plant And Equipment Net14.0M295K1.2M2.1M7.5M7.1M
Net Debt210.2M(113.5M)(61.8M)8.9M83.6M87.8M
Retained Earnings(1.3B)(1.4B)(1.5B)(1.6B)(1.8B)(1.7B)
Accounts Payable12.2M5.5M9.2M10.4M14.4M13.3M
Cash36.1M126.3M64.1M46.3M22.5M21.3M
Non Current Assets Total80.0M46.1M48.0M53.4M52.9M104.9M
Non Currrent Assets Other1.7M1.2M2.3M6.8M828K786.6K
Cash And Short Term Investments271.7M152.3M86.7M138.4M170.0M206.8M
Net Receivables56.5M395K14K28K1.0M959.5K
Common Stock Shares Outstanding116.7M110.8M145.7M165.7M221.1M232.2M
Short Term Investments235.5M26.0M22.7M92.0M147.6M137.0M
Liabilities And Stockholders Equity(1.0B)203.8M(1.5B)(1.5B)229.4M240.9M
Non Current Liabilities Total235.3M611K1.2M54.0M104.8M100.6M
Other Current Assets5.3M10.1M4.3M2.5M5.1M7.0M
Other Stockholder Equity(190K)1.6B1.6B1.7B1.9B941.0M
Total Liab300.6M47.4M23.3M77.2M136.3M149.0M
Property Plant And Equipment Gross14.0M295K6.0M12.9M12.0M11.4M
Total Current Assets337.8M157.7M88.9M140.9M176.5M221.8M
Accumulated Other Comprehensive Income84K(6K)(10K)(428K)31K32.6K
Short Term Debt11.0M12.2M1.1M1.3M1.2M1.1M
Other Assets285K(45K)1.2M136.9M157.4M165.3M
Long Term Debt231.6M243.9M234.2M48.6M99.5M77.2M
Property Plant Equipment14.0M295K1.2M2.1M1.9M1.8M
Other Liab29.9M55.4M35.8M23.3M26.8M43.1M
Treasury Stock(3.8M)(4.8M)(7.5M)(2.1M)(1.9M)(1.9M)
Net Tangible Assets52.8M111.8M69.1M72.6M65.3M67.6M
Retained Earnings Total Equity(1.3B)(1.4B)(1.5B)(1.6B)(1.4B)(1.5B)
Capital Surpluse1.5B1.6B1.6B1.7B2.0B1.5B
Inventory1.9M4.7M4.2M1.0381K362.0K

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