Halozyme Property Plant Equipment vs Net Invested Capital Analysis

HALO Stock  USD 44.29  0.94  2.17%   
Halozyme Therapeutics financial indicator trend analysis is much more than just examining Halozyme Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halozyme Therapeutics is a good investment. Please check the relationship between Halozyme Therapeutics Property Plant Equipment and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halozyme Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Halozyme Stock, please use our How to Invest in Halozyme Therapeutics guide.

Property Plant Equipment vs Net Invested Capital

Property Plant Equipment vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halozyme Therapeutics Property Plant Equipment account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Halozyme Therapeutics' Property Plant Equipment and Net Invested Capital is 0.85. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Halozyme Therapeutics, assuming nothing else is changed. The correlation between historical values of Halozyme Therapeutics' Property Plant Equipment and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Halozyme Therapeutics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant Equipment i.e., Halozyme Therapeutics' Property Plant Equipment and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Halozyme Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halozyme Therapeutics 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 Halozyme Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Halozyme Stock, please use our How to Invest in Halozyme Therapeutics guide.At this time, Halozyme Therapeutics' Selling General Administrative is very stable compared to the past year. As of the 1st of June 2024, Tax Provision is likely to grow to about 70.1 M, while Sales General And Administrative To Revenue is likely to drop 0.44.
 2021 2022 2023 2024 (projected)
Gross Profit361.9M520.8M636.9M668.7M
Total Revenue443.3M660.1M829.3M870.7M

Halozyme Therapeutics fundamental ratios Correlations

0.910.260.410.980.690.630.490.350.33-0.520.990.880.270.990.790.940.940.830.760.960.930.950.93-0.740.97
0.910.160.340.890.490.520.340.40.36-0.350.910.740.320.890.860.930.90.70.490.880.860.920.92-0.730.9
0.260.160.580.17-0.150.530.510.410.460.320.20.480.410.210.020.110.070.50.140.330.350.10.1-0.060.29
0.410.340.580.250.010.620.790.490.540.290.290.660.510.290.220.170.170.530.390.280.40.180.140.00.29
0.980.890.170.250.750.50.380.250.22-0.640.990.810.161.00.750.950.960.770.770.970.910.970.95-0.80.98
0.690.49-0.150.010.750.190.02-0.3-0.33-0.950.720.41-0.390.740.510.730.790.50.650.670.480.760.73-0.630.7
0.630.520.530.620.50.190.650.550.60.010.570.690.550.570.610.480.480.820.390.490.580.470.43-0.080.56
0.490.340.510.790.380.020.650.590.650.220.410.830.590.420.150.170.180.590.670.350.580.210.15-0.080.34
0.350.40.410.490.25-0.30.550.590.980.450.30.530.980.280.330.210.180.450.240.290.50.210.2-0.040.28
0.330.360.460.540.22-0.330.60.650.980.490.280.550.990.260.290.160.130.480.270.260.50.160.140.060.25
-0.52-0.350.320.29-0.64-0.950.010.220.450.49-0.59-0.180.54-0.6-0.41-0.64-0.69-0.32-0.5-0.55-0.33-0.66-0.640.59-0.58
0.990.910.20.290.990.720.570.410.30.28-0.590.830.221.00.790.960.960.80.740.970.920.970.95-0.770.98
0.880.740.480.660.810.410.690.830.530.55-0.180.830.480.840.520.660.660.790.820.810.910.690.65-0.540.79
0.270.320.410.510.16-0.390.550.590.980.990.540.220.480.20.280.110.080.390.20.190.440.110.10.090.19
0.990.890.210.291.00.740.570.420.280.26-0.61.00.840.20.770.950.950.80.760.970.920.970.94-0.770.98
0.790.860.020.220.750.510.610.150.330.29-0.410.790.520.280.770.850.860.680.320.70.650.830.83-0.510.78
0.940.930.110.170.950.730.480.170.210.16-0.640.960.660.110.950.850.990.720.550.940.821.01.0-0.80.97
0.940.90.070.170.960.790.480.180.180.13-0.690.960.660.080.950.860.990.720.60.920.810.990.99-0.770.96
0.830.70.50.530.770.50.820.590.450.48-0.320.80.790.390.80.680.720.720.630.760.810.720.68-0.360.81
0.760.490.140.390.770.650.390.670.240.27-0.50.740.820.20.760.320.550.60.630.680.760.620.55-0.50.66
0.960.880.330.280.970.670.490.350.290.26-0.550.970.810.190.970.70.940.920.760.680.920.950.95-0.840.99
0.930.860.350.40.910.480.580.580.50.5-0.330.920.910.440.920.650.820.810.810.760.920.840.82-0.670.91
0.950.920.10.180.970.760.470.210.210.16-0.660.970.690.110.970.831.00.990.720.620.950.840.99-0.810.98
0.930.920.10.140.950.730.430.150.20.14-0.640.950.650.10.940.831.00.990.680.550.950.820.99-0.840.97
-0.74-0.73-0.060.0-0.8-0.63-0.08-0.08-0.040.060.59-0.77-0.540.09-0.77-0.51-0.8-0.77-0.36-0.5-0.84-0.67-0.81-0.84-0.78
0.970.90.290.290.980.70.560.340.280.25-0.580.980.790.190.980.780.970.960.810.660.990.910.980.97-0.78
Click cells to compare fundamentals

Halozyme Therapeutics Account Relationship Matchups

Halozyme Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets565.9M579.9M1.1B1.8B1.7B1.8B
Other Current Liab55.6M20.5M24.4M96.5M100.7M105.7M
Total Current Liabilities85.6M421.4M117.1M130.8M112.5M67.5M
Total Stockholder Equity91.8M151.0M197.0M169.8M83.8M66.9M
Net Debt282.4M249.5M758.0M1.3B1.4B1.4B
Retained Earnings(603.7M)(474.6M)(58.9M)143.2M90.6M95.1M
Cash120.2M147.7M118.7M234.2M118.4M81.7M
Cash And Short Term Investments421.3M368.0M740.9M362.8M336M196.9M
Common Stock Total Equity145K137K135K138K155.3K104.5K
Common Stock Shares Outstanding144.3M141.5M146.8M140.6M134.2M104.7M
Liabilities And Stockholders Equity565.9M579.9M1.1B1.8B1.7B1.8B
Other Stockholder Equity695.1M625.5M256.3M27.4M2.4M2.3M
Total Liab474.1M428.9M907.5M1.7B1.6B1.7B
Total Current Assets543.4M554.8M926.3M739.0M746.4M783.7M
Common Stock145K137K135K138K127K106.0K
Short Long Term Debt Total402.6M397.2M876.7M1.5B1.5B1.6B
Accounts Payable6.4M1.9M1.5M17.7M11.8M12.4M
Property Plant And Equipment Net10.9M10.6M8.8M75.6M74.9M78.7M
Non Current Assets Total22.4M25.2M178.1M1.1B986.8M1.0B
Non Currrent Assets Other11.1M14.1M13.9M26.3M17.8M9.0M
Other Assets11.6M14.6M169.3M71.2M81.9M86.0M
Inventory29.4M60.7M53.9M100.1M127.6M134.0M
Other Current Assets33.4M28.3M40.5M45.0M48.6M51.0M
Property Plant And Equipment Gross10.9M10.6M21.9M90.3M94.6M99.3M
Accumulated Other Comprehensive Income240K22K(620K)(922K)(9.3M)(8.8M)
Property Plant Equipment10.9M10.6M8.8M75.6M86.9M91.3M
Current Deferred Revenue4.2M4.0M1.7M3.2M(32.2M)(30.6M)
Net Receivables59.4M97.7M91.0M231.1M234.2M245.9M
Other Liab2.3M7.5M3.1M17.7M16.0M26.6M
Non Current Liabilities Total388.5M7.5M790.3M1.5B1.5B1.6B
Net Tangible Assets90.5M155.1M197.0M(783.7M)(705.3M)(670.0M)
Long Term Debt34.9M383.0M787.3M1.5B1.5B1.6B
Retained Earnings Total Equity(603.7M)(474.6M)(58.9M)143.2M164.7M172.9M
Short Term Investments301.1M220.3M622.2M128.6M217.6M203.8M
Capital Surpluse695.1M625.5M256.3M27.4M31.5M29.9M
Long Term Debt Total34.9M383.0M787.3M1.5B1.7B1.8B
Non Current Liabilities Other4.2M3.5M544K45.9M37.7M39.6M
Short Long Term Debt19.5M397.2M89.4M13.3M15.3M14.6M
Short Term Debt19.5M397.2M89.4M13.3M32.2M30.6M

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When determining whether Halozyme Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Halozyme Therapeutics' 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 Halozyme Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Halozyme Therapeutics Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halozyme Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Halozyme Stock, please use our How to Invest in Halozyme Therapeutics guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Halozyme Therapeutics' price analysis, check to measure Halozyme Therapeutics' 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 Halozyme Therapeutics is operating at the current time. Most of Halozyme Therapeutics' value examination focuses on studying past and present price action to predict the probability of Halozyme Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Halozyme Therapeutics' price. Additionally, you may evaluate how the addition of Halozyme Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Halozyme Therapeutics' industry 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 Halozyme Therapeutics. If investors know Halozyme 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 Halozyme Therapeutics 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
1.069
Earnings Share
2.41
Revenue Per Share
6.643
Quarterly Revenue Growth
0.208
Return On Assets
0.1348
The market value of Halozyme Therapeutics is measured differently than its book value, which is the value of Halozyme that is recorded on the company's balance sheet. Investors also form their own opinion of Halozyme Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Halozyme Therapeutics' 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 Halozyme Therapeutics' market value can be influenced by many factors that don't directly affect Halozyme Therapeutics' 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 Halozyme Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Halozyme Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halozyme Therapeutics' 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.