Neurocrine Cash vs Total Assets Analysis

NBIX Stock

USD 135.39 2.32 1.74%

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 Cash and its Total Assets 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.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurocrine Biosciences Cash account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Neurocrine Biosciences' Cash and Total Assets is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets 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' Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Neurocrine Biosciences are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Neurocrine Biosciences' Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Neurocrine Biosciences, which is listed under current asset account on Neurocrine Biosciences balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Neurocrine Biosciences customers. The amounts must be unrestricted with restricted cash listed in a different Neurocrine Biosciences account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of Neurocrine Biosciences assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Neurocrine Biosciences books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Other Liab	Other Assets
Total Assets		0.37	0.52	0.9	0.99	0.97	0.39	0.47	0.98	0.46	0.99	0.86	0.95	0.97	0.45	0.68	0.55	0.9	0.96	0.94	0.99	0.52	0.87	0.93	0.21	0.79
Short Long Term Debt Total	0.37		0.12	0.36	0.32	0.36	0.2	-0.45	0.33	0.26	0.36	0.23	0.46	0.28	0.7	0.42	-0.02	0.64	0.45	0.35	0.38	0.37	0.29	0.4	0.33	0.26
Other Current Liab	0.52	0.12		0.55	0.51	0.37	0.2	0.15	0.5	0.53	0.46	0.14	0.59	0.49	0.49	0.26	0.96	0.52	0.51	0.28	0.57	0.44	0.68	0.54	-0.17	0.6
Total Current Liabilities	0.9	0.36	0.55		0.88	0.91	0.58	0.42	0.95	0.23	0.88	0.81	0.86	0.92	0.37	0.41	0.53	0.8	0.89	0.89	0.91	0.81	0.74	0.89	0.23	0.6
Total Stockholder Equity	0.99	0.32	0.51	0.88		0.96	0.32	0.54	0.98	0.43	0.98	0.88	0.92	0.99	0.41	0.62	0.54	0.88	0.91	0.94	0.97	0.46	0.87	0.9	0.21	0.8
Property Plant And Equipment Net	0.97	0.36	0.37	0.91	0.96		0.37	0.57	0.98	0.34	0.98	0.91	0.86	0.96	0.29	0.59	0.37	0.81	0.91	1.0	0.92	0.53	0.81	0.86	0.19	0.74
Net Debt	0.39	0.2	0.2	0.58	0.32	0.37		-0.03	0.43	-0.37	0.36	0.34	0.41	0.38	0.21	0.21	0.22	0.4	0.5	0.36	0.41	0.74	0.13	0.41	0.38	-0.18
Retained Earnings	0.47	-0.45	0.15	0.42	0.54	0.57	-0.03		0.55	0.01	0.53	0.61	0.23	0.58	-0.45	0.02	0.22	0.06	0.3	0.58	0.39	0.02	0.48	0.27	-0.11	0.44
Accounts Payable	0.98	0.33	0.5	0.95	0.98	0.98	0.43	0.55		0.34	0.97	0.9	0.9	0.99	0.35	0.55	0.52	0.84	0.93	0.97	0.96	0.6	0.84	0.9	0.22	0.74
Cash	0.46	0.26	0.53	0.23	0.43	0.34	-0.37	0.01	0.34		0.42	0.1	0.55	0.33	0.52	0.66	0.54	0.5	0.49	0.28	0.49	-0.02	0.63	0.49	-0.27	0.84
Non Current Assets Total	0.99	0.36	0.46	0.88	0.98	0.98	0.36	0.53	0.97	0.42		0.86	0.9	0.96	0.37	0.67	0.48	0.86	0.94	0.97	0.95	0.47	0.86	0.86	0.16	0.78
Non Currrent Assets Other	0.86	0.23	0.14	0.81	0.88	0.91	0.34	0.61	0.9	0.1	0.86		0.74	0.92	0.15	0.39	0.19	0.69	0.75	0.93	0.82	0.41	0.63	0.76	0.43	0.55
Cash And Short Term Investments	0.95	0.46	0.59	0.86	0.92	0.86	0.41	0.23	0.9	0.55	0.9	0.74		0.9	0.63	0.73	0.63	0.96	0.95	0.83	0.98	0.57	0.83	0.98	0.26	0.76
Net Receivables	0.97	0.28	0.49	0.92	0.99	0.96	0.38	0.58	0.99	0.33	0.96	0.92	0.9		0.35	0.52	0.52	0.84	0.89	0.95	0.96	0.53	0.83	0.9	0.27	0.74
Common Stock Shares Outstanding	0.45	0.7	0.49	0.37	0.41	0.29	0.21	-0.45	0.35	0.52	0.37	0.15	0.63	0.35		0.51	0.47	0.74	0.5	0.25	0.52	0.33	0.39	0.57	0.31	0.39
Non Current Liabilities Total	0.68	0.42	0.26	0.41	0.62	0.59	0.21	0.02	0.55	0.66	0.67	0.39	0.73	0.52	0.51		0.34	0.72	0.78	0.56	0.68	0.13	0.64	0.63	0.07	0.63
Other Current Assets	0.55	-0.02	0.96	0.53	0.54	0.37	0.22	0.22	0.52	0.54	0.48	0.19	0.63	0.52	0.47	0.34		0.52	0.53	0.29	0.61	0.36	0.7	0.58	-0.07	0.6
Other Stockholder Equity	0.9	0.64	0.52	0.8	0.88	0.81	0.4	0.06	0.84	0.5	0.86	0.69	0.96	0.84	0.74	0.72	0.52		0.91	0.78	0.93	0.53	0.75	0.91	0.31	0.69
Total Liab	0.96	0.45	0.51	0.89	0.91	0.91	0.5	0.3	0.93	0.49	0.94	0.75	0.95	0.89	0.5	0.78	0.53	0.91		0.89	0.96	0.62	0.83	0.92	0.2	0.73
Property Plant And Equipment Gross	0.94	0.35	0.28	0.89	0.94	1.0	0.36	0.58	0.97	0.28	0.97	0.93	0.83	0.95	0.25	0.56	0.29	0.78	0.89		0.9	0.51	0.77	0.83	0.22	0.7
Total Current Assets	0.99	0.38	0.57	0.91	0.97	0.92	0.41	0.39	0.96	0.49	0.95	0.82	0.98	0.96	0.52	0.68	0.61	0.93	0.96	0.9		0.56	0.86	0.97	0.26	0.78
Short Term Debt	0.52	0.37	0.44	0.81	0.46	0.53	0.74	0.02	0.6	-0.02	0.47	0.41	0.57	0.53	0.33	0.13	0.36	0.53	0.62	0.51	0.56		0.33	0.64	0.16	0.19
Intangible Assets	0.87	0.29	0.68	0.74	0.87	0.81	0.13	0.48	0.84	0.63	0.86	0.63	0.83	0.83	0.39	0.64	0.7	0.75	0.83	0.77	0.86	0.33		0.79	0.09	0.89
Short Term Investments	0.93	0.4	0.54	0.89	0.9	0.86	0.41	0.27	0.9	0.49	0.86	0.76	0.98	0.9	0.57	0.63	0.58	0.91	0.92	0.83	0.97	0.64	0.79		0.27	0.75
Other Liab	0.21	0.33	-0.17	0.23	0.21	0.19	0.38	-0.11	0.22	-0.27	0.16	0.43	0.26	0.27	0.31	0.07	-0.07	0.31	0.2	0.22	0.26	0.16	0.09	0.27		-0.14
Other Assets	0.79	0.26	0.6	0.6	0.8	0.74	-0.18	0.44	0.74	0.84	0.78	0.55	0.76	0.74	0.39	0.63	0.6	0.69	0.73	0.7	0.78	0.19	0.89	0.75	-0.14

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Neurocrine Biosciences Account Relationship Matchups

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	495.5M	412.3M	440.4M	262.9M	428.4M	449.8M
Other Current Liab	156.5M	147.1M	194.3M	292M	35.9M	42.1M
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	76.3M	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	215.2M	261.5M	464.2M	97.8M	61.5M
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	170.1M	178.6M
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)	339.9M	390.9M	410.4M
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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Neurocrine Cash vs Total Assets Analysis

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

Correlation Coefficient

Cash

Total Assets

Neurocrine Biosciences fundamental ratios Correlations

Neurocrine Biosciences Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Neurocrine Biosciences fundamental ratios Accounts

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COMMON DESTINATIONS

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Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Accounts Payable

Common Stock Shares Outstanding	- 0.45	Retained Earnings
Retained Earnings	- 0.45	Short Long Term Debt Total
Cash	- 0.37	Net Debt
Other Liab	- 0.27	Cash
Other Assets	- 0.18	Net Debt
Other Liab	- 0.17	Other Current Liab