Royalty Non Operating Income Net Other vs Net Income 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 Non Operating Income Net Other and its Net Income 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.

Non Operating Income Net Other vs Net Income

Non Operating Income Net Other vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royalty PharmaPlc Non Operating Income Net Other account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Royalty PharmaPlc's Non Operating Income Net Other and Net Income is -0.07. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net Income 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 Non Operating Income Net Other and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Royalty PharmaPlc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Non Operating Income Net Other i.e., Royalty PharmaPlc's Non Operating Income Net Other and Net Income go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Royalty PharmaPlc financial statement analysis. It represents the amount of money remaining after all of Royalty PharmaPlc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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

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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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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.