Argenx Intangible Assets vs Long Term Investments Analysis
| ARGX Stock | USD 365.81 10.79 2.87% |
Argenx NV financial indicator trend analysis is way more than just evaluating argenx NV ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether argenx NV ADR is a good investment. Please check the relationship between Argenx NV Intangible Assets and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in argenx NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Intangible Assets vs Long Term Investments
Intangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of argenx NV ADR Intangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Argenx NV's Intangible Assets and Long Term Investments is 0.75. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of argenx NV ADR, assuming nothing else is changed. The correlation between historical values of Argenx NV's Intangible Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of argenx NV ADR are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Intangible Assets i.e., Argenx NV's Intangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Long Term Investments
Long Term Investments is an item on the asset side of Argenx NV balance sheet that represents investments argenx NV ADR intends to hold for over a year. argenx NV ADR long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Argenx NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into argenx NV ADR 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in argenx NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Argenx NV's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.82 in 2024, despite the fact that Tax Provision is likely to grow to (9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 5.9M | 104.3M | 111.3M | 116.9M | Interest Income | 3.5M | 27.7M | 93.0M | 97.6M |
Argenx NV fundamental ratios Correlations
Click cells to compare fundamentals
Argenx NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Argenx NV fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.6B | 2.3B | 2.9B | 3.1B | 4.5B | 4.8B | |
| Total Current Liabilities | 179.2M | 329.3M | 301.2M | 302.3M | 423.0M | 444.1M | |
| Total Stockholder Equity | 1.2B | 1.7B | 2.5B | 2.8B | 4.1B | 4.3B | |
| Property Plant And Equipment Net | 9.1M | 11.7M | 15.8M | 16.2M | 22.7M | 23.8M | |
| Current Deferred Revenue | 12.1M | 2.5M | 81.0M | 46.4M | 53.4M | 56.1M | |
| Net Debt | (363.8M) | (1.2B) | (1.3B) | (788.3M) | (2.0B) | (1.9B) | |
| Retained Earnings | (372.5M) | (1.1B) | (1.4B) | (2.1B) | (2.4B) | (2.3B) | |
| Accounts Payable | 95.6M | 206.8M | 208.9M | 188.7M | 245.6M | 257.8M | |
| Cash | 371.1M | 1.2B | 1.3B | 800.7M | 2.0B | 2.2B | |
| Non Current Assets Total | 67.3M | 223.1M | 307.3M | 360.1M | 418.7M | 439.7M | |
| Cash And Short Term Investments | 1.5B | 2.0B | 2.3B | 2.2B | 3.2B | 3.3B | |
| Net Receivables | 31.8M | 7.5M | 38.2M | 277.3M | 499.3M | 524.2M | |
| Common Stock Total Equity | 3.2M | 3.6M | 4.3M | 4.8M | 5.5M | 5.7M | |
| Liabilities And Stockholders Equity | 1.6B | 2.3B | 2.9B | 3.1B | 4.5B | 4.8B | |
| Non Current Liabilities Total | 249.4M | 277.5M | 14.8M | 18.3M | 22.0M | 20.9M | |
| Other Current Assets | 1.0B | 28.0M | 58.9M | (1K) | 134.1M | 99.6M | |
| Other Stockholder Equity | 1.5B | 2.5B | 3.5B | 4.3B | 6.4B | 6.7B | |
| Total Liab | 428.6M | 606.8M | 316.1M | 320.6M | 445.0M | 467.2M | |
| Property Plant And Equipment Gross | 8.2M | 9.5M | 29.8M | 34.3M | 45.4M | 47.6M | |
| Total Current Assets | 1.5B | 2.1B | 2.5B | 2.8B | 4.1B | 4.3B | |
| Accumulated Other Comprehensive Income | 79.0M | 200.5M | 465.4M | 607.0M | 72.1M | 117.4M | |
| Intangible Assets | 45.0M | 167.8M | 171.7M | 174.9M | 125.2M | 62.8M | |
| Common Stock | 4.8M | 5.9M | 6.2M | 6.6M | 7.1M | 3.6M | |
| Short Long Term Debt Total | 7.3M | 9.7M | 11.5M | 12.4M | 20M | 21M | |
| Other Current Liab | 385.3K | 72.5M | 88.9M | 110.1M | 172.8M | 181.4M | |
| Other Assets | 1.0 | 30.3M | 119.8M | 128.4M | 147.7M | 155.1M | |
| Common Stock Shares Outstanding | 38.6M | 45.4M | 51.1M | 54.4M | 57.2M | 33.5M | |
| Inventory | (1.0B) | 25.3M | 109.1M | 228.4M | 310.6M | 326.1M | |
| Short Term Debt | 2.2M | 3.5M | 3.5M | 3.4M | 4.6M | 4.9M | |
| Non Currrent Assets Other | 705.7K | 22.2M | 34.4M | 49.2M | 126.5M | 132.8M | |
| Short Term Investments | 1.1B | 781.5M | 1.0B | 1.4B | 1.1B | 1.2B | |
| Net Tangible Assets | 1.0B | 1.2B | 2.4B | 2.6B | 3.0B | 3.2B | |
| Long Term Investments | 2.6M | 5.1M | 53.2M | 40.5M | 47.2M | 49.5M | |
| Property Plant Equipment | 8.2M | 9.5M | 15.8M | 16.2M | 18.7M | 19.6M | |
| Other Liab | 218.1M | 220.6M | 6.9M | 9.3M | 10.7M | 10.1M | |
| Capital Lease Obligations | 6.5M | 7.9M | 11.5M | 12.4M | 20M | 21M | |
| Net Invested Capital | 1.1B | 1.4B | 2.5B | 2.8B | 4.1B | 4.3B | |
| Net Working Capital | 1.2B | 1.4B | 2.2B | 2.5B | 3.7B | 1.9B | |
| Capital Stock | 4.8M | 5.9M | 6.2M | 6.6M | 7.1M | 6.4M |
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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 argenx NV ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Argenx NV'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 Argenx Nv Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Argenx Nv Adr Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in argenx NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the argenx NV ADR information on this page should be used as a complementary analysis to other Argenx NV's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Argenx NV's price analysis, check to measure Argenx NV'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 Argenx NV is operating at the current time. Most of Argenx NV's value examination focuses on studying past and present price action to predict the probability of Argenx NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argenx NV's price. Additionally, you may evaluate how the addition of Argenx NV to your portfolios can decrease your overall portfolio volatility.
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Is Argenx NV'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 Argenx NV. If investors know Argenx 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 Argenx NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.67) | Revenue Per Share 0.999 | Quarterly Revenue Growth 0.794 | Return On Assets (0.07) | Return On Equity (0.09) |
The market value of argenx NV ADR is measured differently than its book value, which is the value of Argenx that is recorded on the company's balance sheet. Investors also form their own opinion of Argenx NV's value that differs from its market value or its book value, called intrinsic value, which is Argenx NV'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 Argenx NV's market value can be influenced by many factors that don't directly affect Argenx NV'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 Argenx NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argenx NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argenx NV'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.