Argenx Net Debt vs Net Working Capital Analysis

ARGX Stock

USD 376.60 0.36 0.1%

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 Net Debt and its Net Working Capital 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.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of argenx NV ADR Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Argenx NV's Net Debt and Net Working Capital is -0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital 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 Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of argenx NV ADR are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Argenx NV's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

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

Reconciled Depreciation Interest Income

Argenx NV fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Assets	Common Stock Shares Outstanding	Inventory
Total Assets		0.98	1.0	0.99	0.77	-0.97	-0.98	0.97	0.97	0.98	0.99	0.88	0.89	0.22	0.17	0.99	0.85	0.97	1.0	0.77	0.78	0.98	0.97	0.94	0.83	0.33
Total Current Liabilities	0.98		0.97	0.99	0.82	-0.96	-0.95	0.99	0.96	0.97	0.99	0.8	0.9	0.35	0.19	0.96	0.92	0.93	0.98	0.83	0.81	0.97	0.93	0.9	0.85	0.28
Total Stockholder Equity	1.0	0.97		0.99	0.74	-0.96	-0.98	0.96	0.97	0.98	0.98	0.9	0.87	0.15	0.13	1.0	0.81	0.98	1.0	0.74	0.76	0.98	0.97	0.96	0.81	0.37
Property Plant And Equipment Net	0.99	0.99	0.99		0.8	-0.96	-0.97	0.98	0.96	0.98	0.99	0.86	0.87	0.24	0.2	0.98	0.87	0.97	0.99	0.79	0.77	0.99	0.95	0.94	0.82	0.3
Current Deferred Revenue	0.77	0.82	0.74	0.8		-0.7	-0.69	0.8	0.69	0.71	0.81	0.54	0.83	0.61	0.65	0.71	0.89	0.68	0.78	0.68	0.76	0.76	0.6	0.61	0.75	-0.26
Net Debt	-0.97	-0.96	-0.96	-0.96	-0.7		0.93	-0.96	-1.0	-0.95	-0.97	-0.83	-0.85	-0.21	-0.07	-0.96	-0.84	-0.92	-0.97	-0.74	-0.75	-0.95	-0.96	-0.9	-0.79	-0.41
Retained Earnings	-0.98	-0.95	-0.98	-0.97	-0.69	0.93		-0.95	-0.93	-0.99	-0.96	-0.89	-0.83	-0.11	-0.03	-0.98	-0.78	-0.98	-0.97	-0.8	-0.76	-0.96	-0.97	-0.97	-0.82	-0.45
Accounts Payable	0.97	0.99	0.96	0.98	0.8	-0.96	-0.95		0.95	0.97	0.98	0.76	0.88	0.35	0.16	0.95	0.92	0.92	0.97	0.87	0.81	0.96	0.92	0.9	0.85	0.3
Cash	0.97	0.96	0.97	0.96	0.69	-1.0	-0.93	0.95		0.95	0.96	0.84	0.85	0.2	0.07	0.96	0.83	0.93	0.97	0.72	0.72	0.95	0.96	0.9	0.76	0.41
Non Current Assets Total	0.98	0.97	0.98	0.98	0.71	-0.95	-0.99	0.97	0.95		0.97	0.86	0.83	0.14	0.04	0.98	0.81	0.98	0.98	0.83	0.76	0.97	0.97	0.97	0.81	0.44
Cash And Short Term Investments	0.99	0.99	0.98	0.99	0.81	-0.97	-0.96	0.98	0.96	0.97		0.82	0.92	0.31	0.23	0.97	0.9	0.94	0.99	0.8	0.82	0.97	0.94	0.91	0.86	0.26
Net Receivables	0.88	0.8	0.9	0.86	0.54	-0.83	-0.89	0.76	0.84	0.86	0.82		0.66	-0.09	0.04	0.92	0.59	0.92	0.88	0.45	0.5	0.89	0.92	0.88	0.56	0.46
Common Stock Total Equity	0.89	0.9	0.87	0.87	0.83	-0.85	-0.83	0.88	0.85	0.83	0.92	0.66		0.39	0.3	0.85	0.86	0.79	0.89	0.75	0.93	0.8	0.8	0.76	0.88	0.11
Non Current Liabilities Total	0.22	0.35	0.15	0.24	0.61	-0.21	-0.11	0.35	0.2	0.14	0.31	-0.09	0.39		0.64	0.12	0.69	0.01	0.23	0.4	0.4	0.23	0.03	-0.07	0.37	-0.59
Other Current Assets	0.17	0.19	0.13	0.2	0.65	-0.07	-0.03	0.16	0.07	0.04	0.23	0.04	0.3	0.64		0.1	0.41	0.08	0.19	0.06	0.26	0.19	-0.06	-0.04	0.24	-0.86
Other Stockholder Equity	0.99	0.96	1.0	0.98	0.71	-0.96	-0.98	0.95	0.96	0.98	0.97	0.92	0.85	0.12	0.1		0.8	0.98	0.99	0.72	0.73	0.98	0.98	0.96	0.78	0.41
Total Liab	0.85	0.92	0.81	0.87	0.89	-0.84	-0.78	0.92	0.83	0.81	0.9	0.59	0.86	0.69	0.41	0.8		0.72	0.86	0.81	0.79	0.84	0.74	0.67	0.81	-0.02
Property Plant And Equipment Gross	0.97	0.93	0.98	0.97	0.68	-0.92	-0.98	0.92	0.93	0.98	0.94	0.92	0.79	0.01	0.08	0.98	0.72		0.97	0.72	0.69	0.96	0.96	0.99	0.76	0.43
Total Current Assets	1.0	0.98	1.0	0.99	0.78	-0.97	-0.97	0.97	0.97	0.98	0.99	0.88	0.89	0.23	0.19	0.99	0.86	0.97		0.76	0.78	0.98	0.96	0.94	0.83	0.32
Intangible Assets	0.77	0.83	0.74	0.79	0.68	-0.74	-0.8	0.87	0.72	0.83	0.8	0.45	0.75	0.4	0.06	0.72	0.81	0.72	0.76		0.84	0.74	0.7	0.75	0.88	0.25
Common Stock	0.78	0.81	0.76	0.77	0.76	-0.75	-0.76	0.81	0.72	0.76	0.82	0.5	0.93	0.4	0.26	0.73	0.79	0.69	0.78	0.84		0.69	0.69	0.68	0.95	0.09
Short Long Term Debt Total	0.98	0.97	0.98	0.99	0.76	-0.95	-0.96	0.96	0.95	0.97	0.97	0.89	0.8	0.23	0.19	0.98	0.84	0.96	0.98	0.74	0.69		0.95	0.93	0.76	0.32
Other Current Liab	0.97	0.93	0.97	0.95	0.6	-0.96	-0.97	0.92	0.96	0.97	0.94	0.92	0.8	0.03	-0.06	0.98	0.74	0.96	0.96	0.7	0.69	0.95		0.96	0.75	0.54
Other Assets	0.94	0.9	0.96	0.94	0.61	-0.9	-0.97	0.9	0.9	0.97	0.91	0.88	0.76	-0.07	-0.04	0.96	0.67	0.99	0.94	0.75	0.68	0.93	0.96		0.75	0.52
Common Stock Shares Outstanding	0.83	0.85	0.81	0.82	0.75	-0.79	-0.82	0.85	0.76	0.81	0.86	0.56	0.88	0.37	0.24	0.78	0.81	0.76	0.83	0.88	0.95	0.76	0.75	0.75		0.13
Inventory	0.33	0.28	0.37	0.3	-0.26	-0.41	-0.45	0.3	0.41	0.44	0.26	0.46	0.11	-0.59	-0.86	0.41	-0.02	0.43	0.32	0.25	0.09	0.32	0.54	0.52	0.13

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Argenx NV Account Relationship Matchups

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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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:

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What is Argenx NV's Net Worth?

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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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

(5.69)

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.

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Argenx Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

Argenx NV fundamental ratios Correlations

Argenx NV Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argenx NV fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Property Plant And Equipment Gross	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Stockholder Equity
Retained Earnings	- 0.98	Total Assets