Royalty Minority Interest vs Net Income From Continuing Ops Analysis

RPRX Stock  USD 27.41  1.02  3.87%   
Royalty PharmaPlc financial indicator trend analysis is much more than just breaking down Royalty PharmaPlc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royalty PharmaPlc is a good investment. Please check the relationship between Royalty PharmaPlc Minority Interest and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royalty PharmaPlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Royalty Stock please use our How to Invest in Royalty PharmaPlc guide.

Minority Interest vs Net Income From Continuing Ops

Minority Interest vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royalty PharmaPlc Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Royalty PharmaPlc's Minority Interest and Net Income From Continuing Ops is -0.01. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Royalty PharmaPlc, assuming nothing else is changed. The correlation between historical values of Royalty PharmaPlc's Minority Interest and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Royalty PharmaPlc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Royalty PharmaPlc's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Royalty PharmaPlc whose combined shares represent less than 50% of the total outstanding shares issued by Royalty PharmaPlc have a minority interest in Royalty PharmaPlc.

Net Income From Continuing Ops

Most indicators from Royalty PharmaPlc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royalty PharmaPlc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royalty PharmaPlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Royalty Stock please use our How to Invest in Royalty PharmaPlc guide.At this time, Royalty PharmaPlc's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to 0.00 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization51.4M5.7M5.1M4.8M
Interest Income53.5M78.3M72.3M45.0M

Royalty PharmaPlc fundamental ratios Correlations

0.780.590.98-0.330.80.670.540.530.320.390.390.95-0.240.21-0.36-0.170.930.920.880.060.70.860.410.13-0.44
0.780.620.76-0.240.420.870.190.230.290.160.250.81-0.270.42-0.30.130.70.60.93-0.040.150.420.160.03-0.06
0.590.620.53-0.170.260.810.270.180.270.10.830.7-0.250.42-0.250.130.650.560.720.250.270.36-0.1-0.190.04
0.980.760.53-0.320.830.590.450.480.290.530.290.91-0.250.26-0.35-0.130.910.910.82-0.10.670.810.40.01-0.51
-0.33-0.24-0.17-0.32-0.3-0.2-0.71-0.27-0.29-0.09-0.08-0.33-0.71-0.10.98-0.2-0.33-0.32-0.26-0.01-0.27-0.29-0.25-0.050.25
0.80.420.260.83-0.30.180.620.68-0.180.380.170.71-0.230.06-0.25-0.320.740.790.45-0.050.830.830.780.05-0.87
0.670.870.810.59-0.20.180.230.140.460.00.470.79-0.270.51-0.290.190.70.580.930.230.150.33-0.120.130.2
0.540.190.270.45-0.710.620.230.630.03-0.160.30.550.28-0.03-0.66-0.190.560.570.340.460.750.690.640.45-0.52
0.530.230.180.48-0.270.680.140.63-0.2-0.120.250.46-0.07-0.22-0.18-0.390.590.580.27-0.030.60.740.720.07-0.57
0.320.290.270.29-0.29-0.180.460.03-0.20.320.240.270.35-0.01-0.390.090.270.270.490.070.00.22-0.560.130.52
0.390.160.10.53-0.090.380.0-0.16-0.120.32-0.090.29-0.080.3-0.140.110.370.470.19-0.610.280.22-0.17-0.52-0.32
0.390.250.830.29-0.080.170.470.30.250.24-0.090.39-0.01-0.12-0.12-0.160.370.320.430.440.260.43-0.07-0.10.12
0.950.810.70.91-0.330.710.790.550.460.270.290.39-0.340.46-0.37-0.030.960.920.910.150.670.730.340.16-0.39
-0.24-0.27-0.25-0.25-0.71-0.23-0.270.28-0.070.35-0.08-0.01-0.34-0.42-0.680.09-0.32-0.3-0.26-0.01-0.2-0.08-0.110.00.2
0.210.420.420.26-0.10.060.51-0.03-0.22-0.010.3-0.120.46-0.42-0.180.530.420.370.37-0.180.07-0.21-0.19-0.22-0.12
-0.36-0.3-0.25-0.350.98-0.25-0.29-0.66-0.18-0.39-0.14-0.12-0.37-0.68-0.18-0.3-0.36-0.35-0.33-0.03-0.26-0.28-0.14-0.040.17
-0.170.130.13-0.13-0.2-0.320.19-0.19-0.390.090.11-0.16-0.030.090.53-0.3-0.07-0.120.03-0.21-0.34-0.45-0.37-0.270.21
0.930.70.650.91-0.330.740.70.560.590.270.370.370.96-0.320.42-0.36-0.070.980.830.020.740.780.340.05-0.46
0.920.60.560.91-0.320.790.580.570.580.270.470.320.92-0.30.37-0.35-0.120.980.75-0.020.810.820.360.04-0.54
0.880.930.720.82-0.260.450.930.340.270.490.190.430.91-0.260.37-0.330.030.830.750.170.370.590.090.19-0.03
0.06-0.040.25-0.1-0.01-0.050.230.46-0.030.07-0.610.440.15-0.01-0.18-0.03-0.210.02-0.020.170.270.20.110.770.18
0.70.150.270.67-0.270.830.150.750.60.00.280.260.67-0.20.07-0.26-0.340.740.810.370.270.840.60.3-0.73
0.860.420.360.81-0.290.830.330.690.740.220.220.430.73-0.08-0.21-0.28-0.450.780.820.590.20.840.580.28-0.53
0.410.16-0.10.4-0.250.78-0.120.640.72-0.56-0.17-0.070.34-0.11-0.19-0.14-0.370.340.360.090.110.60.580.29-0.82
0.130.03-0.190.01-0.050.050.130.450.070.13-0.52-0.10.160.0-0.22-0.04-0.270.050.040.190.770.30.280.290.05
-0.44-0.060.04-0.510.25-0.870.2-0.52-0.570.52-0.320.12-0.390.2-0.120.170.21-0.46-0.54-0.030.18-0.73-0.53-0.820.05
Click cells to compare fundamentals

Royalty PharmaPlc Account Relationship Matchups

Royalty PharmaPlc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4B21.1B17.5B16.8B16.4B17.2B
Other Current Liab9.2M297.1M165.6M161.4M146.2M153.5M
Total Current Liabilities333.4M307.9M171.3M1.2B161.4M132.4M
Total Stockholder Equity6.1B9.9B5.8B5.6B6.5B6.9B
Accounts Payable11.2M10.8M5.6M7.9M15.2M15.9M
Cash283.7M1.0B1.5B1.7B477.0M343.9M
Other Assets10.9B5.1B13.7B13.5B15.5B16.3B
Common Stock Shares Outstanding365.9M375.5M414.8M438.0M602.9M409.1M
Short Term Investments509.5M983M1.3B717.0M18.3M17.4M
Other Current Assets92K8.6M6.6M90.5M3.8M5.8M
Total Liab6.3B6.1B7.3B7.3B6.3B6.6B
Intangible Assets51.7M28.7M5.7M14.5M1.8M1.7M
Net Tangible Assets6.1B4.8B5.8B5.6B6.5B3.7B
Retained Earnings2.8B1.9B2.3B2.0B2.5B1.4B
Total Current Assets832.1M2.7B2.9B2.6B1.3B1.6B
Short Long Term Debt Total6.2B5.8B7.1B7.1B6.1B7.1B
Net Debt6.0B4.8B5.6B5.4B5.7B5.9B
Non Current Assets Total11.6B13.3B14.6B14.3B15.1B14.2B
Non Currrent Assets Other88.0M28.6M4.1M15.1M14.1B14.8B
Long Term Debt6.0B5.8B7.1B6.1B6.1B6.8B
Cash And Short Term Investments793.2M2.0B2.8B2.4B495.3M470.5M
Net Receivables38.8M39.2M68.3M36.6M775.1M813.8M
Long Term Debt Total6.0B5.8B7.1B6.1B7.0B6.9B
Liabilities And Stockholders Equity12.4B21.1B17.5B16.8B16.4B17.5B
Non Current Liabilities Total6.0B5.8B7.1B6.1B6.1B6.9B
Other Stockholder Equity(4.3M)7.9B3.5B3.7B4.0B3.5B
Net Invested Capital12.3B10.6B12.9B12.7B12.7B13.2B
Long Term Investments11.5B13.0B14.4B14.1B15.1B14.1B
Accumulated Other Comprehensive Income2.1M34.4M16.5M63K72.5K68.8K
Net Working Capital498.7M2.4B2.7B1.4B1.1B1.3B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Royalty PharmaPlc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royalty PharmaPlc's 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 Royalty Pharmaplc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royalty Pharmaplc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royalty PharmaPlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Royalty Stock please use our How to Invest in Royalty PharmaPlc guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Royalty Stock analysis

When running Royalty PharmaPlc's price analysis, check to measure Royalty PharmaPlc's 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 Royalty PharmaPlc is operating at the current time. Most of Royalty PharmaPlc's value examination focuses on studying past and present price action to predict the probability of Royalty PharmaPlc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royalty PharmaPlc's price. Additionally, you may evaluate how the addition of Royalty PharmaPlc to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Royalty PharmaPlc's 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 Royalty PharmaPlc. If investors know Royalty 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 Royalty PharmaPlc 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
(0.99)
Dividend Share
0.81
Earnings Share
1.78
Revenue Per Share
4.993
Quarterly Revenue Growth
(0.17)
The market value of Royalty PharmaPlc is measured differently than its book value, which is the value of Royalty that is recorded on the company's balance sheet. Investors also form their own opinion of Royalty PharmaPlc's value that differs from its market value or its book value, called intrinsic value, which is Royalty PharmaPlc's 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 Royalty PharmaPlc's market value can be influenced by many factors that don't directly affect Royalty PharmaPlc's 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 Royalty PharmaPlc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royalty PharmaPlc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royalty PharmaPlc's 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.