Neurocrine Income Before Tax vs Total Revenue Analysis
NBIX Stock | USD 125.00 1.71 1.39% |
Neurocrine Biosciences financial indicator trend analysis is infinitely more than just investigating Neurocrine Biosciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neurocrine Biosciences is a good investment. Please check the relationship between Neurocrine Biosciences Income Before Tax and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurocrine Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Neurocrine Stock please use our How to Invest in Neurocrine Biosciences guide.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurocrine Biosciences Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Neurocrine Biosciences' Income Before Tax and Total Revenue is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Neurocrine Biosciences, assuming nothing else is changed. The correlation between historical values of Neurocrine Biosciences' Income Before Tax and Total 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 Neurocrine Biosciences are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Neurocrine Biosciences' Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Neurocrine Biosciences income statement and is an important metric when analyzing Neurocrine Biosciences 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.Total Revenue
Total revenue comprises all receipts Neurocrine Biosciences generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Neurocrine Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neurocrine Biosciences 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 Neurocrine Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Neurocrine Stock please use our How to Invest in Neurocrine Biosciences guide.At this time, Neurocrine Biosciences' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 63.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 22.9 M in 2024.
Neurocrine Biosciences fundamental ratios Correlations
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Neurocrine Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Neurocrine Biosciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.7B | 2.1B | 2.4B | 3.3B | 3.4B | |
Short Long Term Debt Total | 817.6M | 412.3M | 440.4M | 262.9M | 428.4M | 449.8M | |
Other Current Liab | 156.5M | 147.1M | 194.3M | 292M | 319.4M | 335.4M | |
Total Current Liabilities | 565.3M | 186.5M | 245.8M | 537.7M | 654.8M | 687.5M | |
Total Stockholder Equity | 636.9M | 1.1B | 1.4B | 1.7B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 116.2M | 127.4M | 155.8M | 145.6M | 347.3M | 364.7M | |
Net Debt | 383.2M | (388.7M) | 99.6M | 169.4M | 177.3M | 186.2M | |
Retained Earnings | (1.1B) | (725.4M) | (635.8M) | (406.8M) | (157.1M) | (165.0M) | |
Accounts Payable | 46.2M | 39.4M | 51.5M | 67.3M | 108.9M | 114.3M | |
Cash | 112.3M | 801M | 340.8M | 262.9M | 251.1M | 131.9M | |
Non Current Assets Total | 475M | 718.5M | 1.1B | 915.2M | 1.6B | 1.7B | |
Non Currrent Assets Other | 3.2M | 6.4M | 4.4M | 25M | 49.6M | 52.1M | |
Cash And Short Term Investments | 670.5M | 801M | 711.3M | 989.3M | 1.0B | 1.1B | |
Net Receivables | 126.6M | 157.1M | 185.5M | 350M | 439.3M | 461.3M | |
Common Stock Shares Outstanding | 95.7M | 97.8M | 97.9M | 98.9M | 101M | 61.8M | |
Liabilities And Stockholders Equity | 1.3B | 1.7B | 2.1B | 2.4B | 3.3B | 3.4B | |
Non Current Liabilities Total | 103.8M | 422M | 452.7M | 123.2M | 364.6M | 382.8M | |
Other Current Assets | 160.5M | 30.1M | 45.5M | 79.1M | 97.8M | 102.7M | |
Other Stockholder Equity | 1.8B | 1.8B | 2.0B | 2.1B | 2.4B | 2.5B | |
Total Liab | 669.1M | 608.5M | 698.5M | 660.9M | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 116.3M | 127.4M | 155.8M | 145.6M | 430.3M | 451.8M | |
Total Current Assets | 831M | 1.0B | 972.8M | 1.5B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | 1.4M | 1.8M | (1.7M) | (7.9M) | 7M | 7.4M | |
Short Term Debt | 408.8M | 10.3M | 16.5M | 169.4M | 202.1M | 212.2M | |
Short Term Investments | 558.2M | 613.9M | 370.5M | 726.4M | 780.5M | 819.5M | |
Other Liab | 17.1M | 9.7M | 12.3M | 29.7M | 34.2M | 24.8M | |
Other Assets | 59.1M | 674M | 319.5M | 330.9M | 380.5M | 399.6M | |
Long Term Debt | 388.5M | 408.8M | 317.9M | 335.1M | 385.4M | 404.6M | |
Common Stock Total Equity | 89K | 91K | 92K | 100K | 115K | 67.8K | |
Common Stock | 89K | 91K | 92K | 100K | 115K | 69.6K | |
Property Plant Equipment | 33.9M | 41.9M | 44.6M | 58.6M | 52.7M | 55.4M | |
Current Deferred Revenue | (46.2M) | (10.3M) | (16.5M) | 229.3M | 263.7M | 276.9M | |
Net Tangible Assets | 228.1M | 1.1B | 1.4B | 1.7B | 1.9B | 2.0B | |
Retained Earnings Total Equity | (1.1B) | (725.4M) | (635.8M) | (406.8M) | (366.1M) | (384.4M) | |
Capital Surpluse | 1.8B | 1.8B | 2.0B | 2.1B | 2.4B | 1.6B | |
Inventory | 17.3M | 28M | 30.5M | 35.1M | 38.3M | 40.2M | |
Non Current Liabilities Other | 103.8M | 104.1M | 117.6M | 29.7M | 10.3M | 9.8M | |
Long Term Investments | 299.7M | 227.1M | 560.7M | 401.5M | 849.4M | 891.9M |
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When running Neurocrine Biosciences' price analysis, check to measure Neurocrine Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neurocrine Biosciences is operating at the current time. Most of Neurocrine Biosciences' value examination focuses on studying past and present price action to predict the probability of Neurocrine Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neurocrine Biosciences' price. Additionally, you may evaluate how the addition of Neurocrine Biosciences to your portfolios can decrease your overall portfolio volatility.