Incyte Other Current Assets vs Property Plant And Equipment Gross Analysis

INCY Stock  USD 75.45  0.65  0.87%   
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 Other Current Assets and its Property Plant And Equipment Gross 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.

Other Current Assets vs Property Plant And Equipment Gross

Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Incyte Other Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Incyte's Other Current Assets and Property Plant And Equipment Gross is 0.96. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Incyte, assuming nothing else is changed. The correlation between historical values of Incyte's Other Current Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Incyte are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Incyte's Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant And Equipment Gross

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 229.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.2B2.6B2.8B3.0B
Cost Of Revenue151.0M207.0M255M267.8M

Incyte fundamental ratios Correlations

-0.630.920.80.990.98-0.980.640.790.990.990.990.52-0.250.980.930.871.0-0.390.850.990.990.390.920.88-0.67
-0.63-0.44-0.21-0.71-0.670.73-0.52-0.53-0.59-0.64-0.6-0.180.78-0.59-0.63-0.2-0.610.71-0.36-0.67-0.64-0.44-0.61-0.470.95
0.92-0.440.840.90.9-0.870.730.70.920.920.910.34-0.110.890.770.890.92-0.240.890.930.940.170.790.93-0.44
0.8-0.210.840.740.76-0.710.470.690.780.80.790.510.180.760.70.930.790.220.690.780.780.40.740.72-0.24
0.99-0.710.90.740.98-0.990.660.780.980.980.990.48-0.350.970.930.810.99-0.460.830.990.990.390.920.87-0.74
0.98-0.670.90.760.98-0.960.590.840.960.980.960.55-0.30.940.940.830.97-0.430.760.990.980.420.890.84-0.71
-0.980.73-0.87-0.71-0.99-0.96-0.66-0.8-0.98-0.96-0.98-0.480.41-0.97-0.92-0.78-0.980.5-0.81-0.97-0.97-0.38-0.88-0.860.78
0.64-0.520.730.470.660.59-0.660.390.650.630.63-0.25-0.470.650.340.430.63-0.370.730.620.68-0.130.450.85-0.45
0.79-0.530.70.690.780.84-0.80.390.780.770.780.61-0.220.790.790.710.79-0.290.430.80.740.470.650.68-0.57
0.99-0.590.920.780.980.96-0.980.650.780.971.00.49-0.250.980.910.871.0-0.40.870.970.980.320.890.89-0.64
0.99-0.640.920.80.980.98-0.960.630.770.970.970.5-0.250.960.930.860.98-0.380.830.990.990.440.920.87-0.68
0.99-0.60.910.790.990.96-0.980.630.781.00.970.51-0.230.980.930.881.0-0.390.870.970.980.350.920.88-0.65
0.52-0.180.340.510.480.55-0.48-0.250.610.490.50.510.240.480.720.60.520.010.190.520.450.640.60.19-0.28
-0.250.78-0.110.18-0.35-0.30.41-0.47-0.22-0.25-0.25-0.230.24-0.28-0.210.21-0.250.68-0.14-0.29-0.280.04-0.15-0.270.8
0.98-0.590.890.760.970.94-0.970.650.790.980.960.980.48-0.280.90.860.98-0.420.860.950.960.330.890.9-0.66
0.93-0.630.770.70.930.94-0.920.340.790.910.930.930.72-0.210.90.810.93-0.40.680.940.910.550.930.68-0.71
0.87-0.20.890.930.810.83-0.780.430.710.870.860.880.60.210.860.810.870.010.80.840.850.360.820.78-0.27
1.0-0.610.920.790.990.97-0.980.630.791.00.981.00.52-0.250.980.930.87-0.40.860.980.990.360.920.88-0.66
-0.390.71-0.240.22-0.46-0.430.5-0.37-0.29-0.4-0.38-0.390.010.68-0.42-0.40.01-0.4-0.31-0.42-0.41-0.03-0.31-0.350.71
0.85-0.360.890.690.830.76-0.810.730.430.870.830.870.19-0.140.860.680.80.86-0.310.820.880.020.770.87-0.42
0.99-0.670.930.780.990.99-0.970.620.80.970.990.970.52-0.290.950.940.840.98-0.420.820.990.390.910.87-0.7
0.99-0.640.940.780.990.98-0.970.680.740.980.990.980.45-0.280.960.910.850.99-0.410.880.990.330.910.9-0.67
0.39-0.440.170.40.390.42-0.38-0.130.470.320.440.350.640.040.330.550.360.36-0.030.020.390.330.510.02-0.44
0.92-0.610.790.740.920.89-0.880.450.650.890.920.920.6-0.150.890.930.820.92-0.310.770.910.910.510.7-0.63
0.88-0.470.930.720.870.84-0.860.850.680.890.870.880.19-0.270.90.680.780.88-0.350.870.870.90.020.7-0.48
-0.670.95-0.44-0.24-0.74-0.710.78-0.45-0.57-0.64-0.68-0.65-0.280.8-0.66-0.71-0.27-0.660.71-0.42-0.7-0.67-0.44-0.63-0.48
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Incyte Account Relationship Matchups

Incyte fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.6B4.9B5.8B6.8B7.1B
Short Long Term Debt Total60.2M34.9M34.3M44.6M38.3M36.4M
Other Current Liab76.1M517.5M669.0M861.0M1.1B1.1B
Total Current Liabilities500.5M648.8M885.1M1.2B1.2B1.3B
Total Stockholder Equity2.6B2.6B3.8B4.4B5.2B5.4B
Property Plant And Equipment Net406.6M588.1M751.5M765.6M777.0M815.9M
Net Debt(1.8B)(1.5B)(2.0B)(2.9B)(3.2B)(3.0B)
Retained Earnings(1.4B)(1.7B)(777.9M)(437.2M)160.4M168.4M
Accounts Payable83.6M98.8M172.1M277.5M109.6M115.1M
Cash1.8B1.5B2.1B3.0B3.2B3.4B
Non Current Assets Total889.7M1.1B1.7B1.6B2.1B2.2B
Cash And Short Term Investments2.1B1.8B2.3B3.2B3.7B3.8B
Common Stock Shares Outstanding217.7M218.1M222.1M224.0M225.9M130.7M
Liabilities And Stockholders Equity3.4B3.6B4.9B5.8B6.8B7.1B
Non Current Liabilities Total327.9M300.9M278.3M254.3M351.9M340.4M
Other Current Assets94.2M60.1M126.3M167.0M182.8M192.0M
Other Stockholder Equity4.0B4.4B4.6B4.8B5.0B5.3B
Total Liab828.3M949.7M1.2B1.5B1.6B1.7B
Total Current Assets2.5B2.4B3.2B4.2B4.6B4.9B
Short Term Debt28.3M15.0M13.2M11.4M9.1M8.7M
Non Currrent Assets Other55.6M62.8M68.1M106.1M260.9M274.0M
Net Receivables308.8M482.0M616.3M644.9M743.6M780.7M
Property Plant And Equipment Gross406.6M559.6M751.5M765.6M1.0B1.1B
Accumulated Other Comprehensive Income(15.5M)(15.4M)(19.5M)15.1M13.1M13.8M
Intangible Assets193.8M172.3M150.8M129.2M123.5M74.2M
Short Term Investments284.9M288.4M290.8M287.5M442.7M464.8M
Other Assets55.6M25.1M467.5M564.0M648.6M681.1M
Common Stock Total Equity216K219K221K223K256.5K154K
Common Stock216K219K221K223K224K157.9K
Property Plant Equipment377.6M559.6M723.9M739.3M850.2M892.7M
Current Deferred Revenue312.4M448.9M617.0M457.9M1.0B1.1B
Other Liab271.2M266M244M269.6M310.0M156.9M
Inventory16.5M36.0M56.9M121.0M63.0M66.1M
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 Other315.0M318.5M309.0M313.8M322.7M278.6M

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