Neurocrine Total Assets vs Capital Stock Analysis

NBIX Stock  USD 140.94  0.97  0.68%   
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 Total Assets and its Capital Stock 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 tightly coupled 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.

Total Assets vs Capital Stock

Total Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurocrine Biosciences Total Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Neurocrine Biosciences' Total Assets and Capital Stock is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Stock 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' Total Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Neurocrine Biosciences are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Assets i.e., Neurocrine Biosciences' Total Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
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 tightly coupled 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

0.370.520.90.990.970.390.470.980.460.990.860.950.970.450.680.550.90.960.940.990.520.870.930.210.79
0.370.120.360.320.360.2-0.450.330.260.360.230.460.280.70.42-0.020.640.450.350.380.370.290.40.330.26
0.520.120.550.510.370.20.150.50.530.460.140.590.490.490.260.960.520.510.280.570.440.680.54-0.170.6
0.90.360.550.880.910.580.420.950.230.880.810.860.920.370.410.530.80.890.890.910.810.740.890.230.6
0.990.320.510.880.960.320.540.980.430.980.880.920.990.410.620.540.880.910.940.970.460.870.90.210.8
0.970.360.370.910.960.370.570.980.340.980.910.860.960.290.590.370.810.911.00.920.530.810.860.190.74
0.390.20.20.580.320.37-0.030.43-0.370.360.340.410.380.210.210.220.40.50.360.410.740.130.410.38-0.18
0.47-0.450.150.420.540.57-0.030.550.010.530.610.230.58-0.450.020.220.060.30.580.390.020.480.27-0.110.44
0.980.330.50.950.980.980.430.550.340.970.90.90.990.350.550.520.840.930.970.960.60.840.90.220.74
0.460.260.530.230.430.34-0.370.010.340.420.10.550.330.520.660.540.50.490.280.49-0.020.630.49-0.270.84
0.990.360.460.880.980.980.360.530.970.420.860.90.960.370.670.480.860.940.970.950.470.860.860.160.78
0.860.230.140.810.880.910.340.610.90.10.860.740.920.150.390.190.690.750.930.820.410.630.760.430.55
0.950.460.590.860.920.860.410.230.90.550.90.740.90.630.730.630.960.950.830.980.570.830.980.260.76
0.970.280.490.920.990.960.380.580.990.330.960.920.90.350.520.520.840.890.950.960.530.830.90.270.74
0.450.70.490.370.410.290.21-0.450.350.520.370.150.630.350.510.470.740.50.250.520.330.390.570.310.39
0.680.420.260.410.620.590.210.020.550.660.670.390.730.520.510.340.720.780.560.680.130.640.630.070.63
0.55-0.020.960.530.540.370.220.220.520.540.480.190.630.520.470.340.520.530.290.610.360.70.58-0.070.6
0.90.640.520.80.880.810.40.060.840.50.860.690.960.840.740.720.520.910.780.930.530.750.910.310.69
0.960.450.510.890.910.910.50.30.930.490.940.750.950.890.50.780.530.910.890.960.620.830.920.20.73
0.940.350.280.890.941.00.360.580.970.280.970.930.830.950.250.560.290.780.890.90.510.770.830.220.7
0.990.380.570.910.970.920.410.390.960.490.950.820.980.960.520.680.610.930.960.90.560.860.970.260.78
0.520.370.440.810.460.530.740.020.6-0.020.470.410.570.530.330.130.360.530.620.510.560.330.640.160.19
0.870.290.680.740.870.810.130.480.840.630.860.630.830.830.390.640.70.750.830.770.860.330.790.090.89
0.930.40.540.890.90.860.410.270.90.490.860.760.980.90.570.630.580.910.920.830.970.640.790.270.75
0.210.33-0.170.230.210.190.38-0.110.22-0.270.160.430.260.270.310.07-0.070.310.20.220.260.160.090.27-0.14
0.790.260.60.60.80.74-0.180.440.740.840.780.550.760.740.390.630.60.690.730.70.780.190.890.75-0.14
Click cells to compare fundamentals

Neurocrine Biosciences Account Relationship Matchups

Neurocrine Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.7B2.1B2.4B3.3B3.4B
Short Long Term Debt Total495.5M412.3M440.4M262.9M428.4M449.8M
Other Current Liab156.5M147.1M194.3M292M35.9M42.1M
Total Current Liabilities565.3M186.5M245.8M537.7M654.8M687.5M
Total Stockholder Equity636.9M1.1B1.4B1.7B2.2B2.3B
Property Plant And Equipment Net116.2M127.4M155.8M145.6M347.3M364.7M
Net Debt383.2M(388.7M)99.6M169.4M177.3M186.2M
Retained Earnings(1.1B)(725.4M)(635.8M)(406.8M)(157.1M)(165.0M)
Accounts Payable46.2M39.4M51.5M76.3M108.9M114.3M
Cash112.3M801M340.8M262.9M251.1M131.9M
Non Current Assets Total475M718.5M1.1B915.2M1.6B1.7B
Non Currrent Assets Other3.2M6.4M4.4M25M49.6M52.1M
Cash And Short Term Investments670.5M801M711.3M989.3M1.0B1.1B
Net Receivables126.6M157.1M185.5M350M439.3M461.3M
Common Stock Shares Outstanding95.7M97.8M97.9M98.9M101M61.8M
Liabilities And Stockholders Equity1.3B1.7B2.1B2.4B3.3B3.4B
Non Current Liabilities Total103.8M422M452.7M123.2M364.6M382.8M
Other Current Assets160.5M215.2M261.5M464.2M97.8M61.5M
Other Stockholder Equity1.8B1.8B2.0B2.1B2.4B2.5B
Total Liab669.1M608.5M698.5M660.9M1.0B1.1B
Property Plant And Equipment Gross116.3M127.4M155.8M145.6M430.3M451.8M
Total Current Assets831M1.0B972.8M1.5B1.6B1.7B
Accumulated Other Comprehensive Income1.4M1.8M(1.7M)(7.9M)7M7.4M
Short Term Debt408.8M10.3M16.5M169.4M170.1M178.6M
Short Term Investments558.2M613.9M370.5M726.4M780.5M819.5M
Other Liab17.1M9.7M12.3M29.7M34.2M24.8M
Other Assets59.1M674M319.5M330.9M380.5M399.6M
Long Term Debt388.5M408.8M317.9M335.1M385.4M404.6M
Common Stock Total Equity89K91K92K100K115K67.8K
Common Stock89K91K92K100K115K69.6K
Property Plant Equipment33.9M41.9M44.6M58.6M52.7M55.4M
Current Deferred Revenue(46.2M)(10.3M)(16.5M)339.9M390.9M410.4M
Net Tangible Assets228.1M1.1B1.4B1.7B1.9B2.0B
Retained Earnings Total Equity(1.1B)(725.4M)(635.8M)(406.8M)(366.1M)(384.4M)
Capital Surpluse1.8B1.8B2.0B2.1B2.4B1.6B
Inventory17.3M28M30.5M35.1M38.3M40.2M
Non Current Liabilities Other103.8M104.1M117.6M29.7M10.3M9.8M
Long Term Investments299.7M227.1M560.7M401.5M849.4M891.9M

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When determining whether Neurocrine Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neurocrine Biosciences' 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 Neurocrine Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neurocrine Biosciences Stock:
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 tightly coupled 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.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.
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Is Neurocrine Biosciences' 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 Neurocrine Biosciences. If investors know Neurocrine 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 Neurocrine Biosciences 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
0.648
Earnings Share
3.68
Revenue Per Share
20.147
Quarterly Revenue Growth
0.226
Return On Assets
0.1008
The market value of Neurocrine Biosciences is measured differently than its book value, which is the value of Neurocrine that is recorded on the company's balance sheet. Investors also form their own opinion of Neurocrine Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Neurocrine Biosciences' 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 Neurocrine Biosciences' market value can be influenced by many factors that don't directly affect Neurocrine Biosciences' 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 Neurocrine Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neurocrine Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neurocrine Biosciences' 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.