Argenx Retained Earnings vs Current Deferred Revenue 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 Retained Earnings and its Current Deferred Revenue 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.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of argenx NV ADR Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Argenx NV's Retained Earnings and Current Deferred Revenue is -0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue 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 Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of argenx NV ADR are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Argenx NV's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Depreciation5.9M104.3M111.3M116.9M
Interest Income3.5M27.7M93.0M97.6M

Argenx NV fundamental ratios Correlations

0.981.00.990.77-0.97-0.980.970.970.980.990.880.890.220.170.990.850.971.00.770.780.980.970.940.830.33
0.980.970.990.82-0.96-0.950.990.960.970.990.80.90.350.190.960.920.930.980.830.810.970.930.90.850.28
1.00.970.990.74-0.96-0.980.960.970.980.980.90.870.150.131.00.810.981.00.740.760.980.970.960.810.37
0.990.990.990.8-0.96-0.970.980.960.980.990.860.870.240.20.980.870.970.990.790.770.990.950.940.820.3
0.770.820.740.8-0.7-0.690.80.690.710.810.540.830.610.650.710.890.680.780.680.760.760.60.610.75-0.26
-0.97-0.96-0.96-0.96-0.70.93-0.96-1.0-0.95-0.97-0.83-0.85-0.21-0.07-0.96-0.84-0.92-0.97-0.74-0.75-0.95-0.96-0.9-0.79-0.41
-0.98-0.95-0.98-0.97-0.690.93-0.95-0.93-0.99-0.96-0.89-0.83-0.11-0.03-0.98-0.78-0.98-0.97-0.8-0.76-0.96-0.97-0.97-0.82-0.45
0.970.990.960.980.8-0.96-0.950.950.970.980.760.880.350.160.950.920.920.970.870.810.960.920.90.850.3
0.970.960.970.960.69-1.0-0.930.950.950.960.840.850.20.070.960.830.930.970.720.720.950.960.90.760.41
0.980.970.980.980.71-0.95-0.990.970.950.970.860.830.140.040.980.810.980.980.830.760.970.970.970.810.44
0.990.990.980.990.81-0.97-0.960.980.960.970.820.920.310.230.970.90.940.990.80.820.970.940.910.860.26
0.880.80.90.860.54-0.83-0.890.760.840.860.820.66-0.090.040.920.590.920.880.450.50.890.920.880.560.46
0.890.90.870.870.83-0.85-0.830.880.850.830.920.660.390.30.850.860.790.890.750.930.80.80.760.880.11
0.220.350.150.240.61-0.21-0.110.350.20.140.31-0.090.390.640.120.690.010.230.40.40.230.03-0.070.37-0.59
0.170.190.130.20.65-0.07-0.030.160.070.040.230.040.30.640.10.410.080.190.060.260.19-0.06-0.040.24-0.86
0.990.961.00.980.71-0.96-0.980.950.960.980.970.920.850.120.10.80.980.990.720.730.980.980.960.780.41
0.850.920.810.870.89-0.84-0.780.920.830.810.90.590.860.690.410.80.720.860.810.790.840.740.670.81-0.02
0.970.930.980.970.68-0.92-0.980.920.930.980.940.920.790.010.080.980.720.970.720.690.960.960.990.760.43
1.00.981.00.990.78-0.97-0.970.970.970.980.990.880.890.230.190.990.860.970.760.780.980.960.940.830.32
0.770.830.740.790.68-0.74-0.80.870.720.830.80.450.750.40.060.720.810.720.760.840.740.70.750.880.25
0.780.810.760.770.76-0.75-0.760.810.720.760.820.50.930.40.260.730.790.690.780.840.690.690.680.950.09
0.980.970.980.990.76-0.95-0.960.960.950.970.970.890.80.230.190.980.840.960.980.740.690.950.930.760.32
0.970.930.970.950.6-0.96-0.970.920.960.970.940.920.80.03-0.060.980.740.960.960.70.690.950.960.750.54
0.940.90.960.940.61-0.9-0.970.90.90.970.910.880.76-0.07-0.040.960.670.990.940.750.680.930.960.750.52
0.830.850.810.820.75-0.79-0.820.850.760.810.860.560.880.370.240.780.810.760.830.880.950.760.750.750.13
0.330.280.370.3-0.26-0.41-0.450.30.410.440.260.460.11-0.59-0.860.41-0.020.430.320.250.090.320.540.520.13
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Argenx NV Account Relationship Matchups

Argenx NV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.3B2.9B3.1B4.5B4.8B
Total Current Liabilities179.2M329.3M301.2M302.3M423.0M444.1M
Total Stockholder Equity1.2B1.7B2.5B2.8B4.1B4.3B
Property Plant And Equipment Net9.1M11.7M15.8M16.2M22.7M23.8M
Current Deferred Revenue12.1M2.5M81.0M46.4M53.4M56.1M
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 Payable95.6M206.8M208.9M188.7M245.6M257.8M
Cash371.1M1.2B1.3B800.7M2.0B2.2B
Non Current Assets Total67.3M223.1M307.3M360.1M418.7M439.7M
Cash And Short Term Investments1.5B2.0B2.3B2.2B3.2B3.3B
Net Receivables31.8M7.5M38.2M277.3M499.3M524.2M
Common Stock Total Equity3.2M3.6M4.3M4.8M5.5M5.7M
Liabilities And Stockholders Equity1.6B2.3B2.9B3.1B4.5B4.8B
Non Current Liabilities Total249.4M277.5M14.8M18.3M22.0M20.9M
Other Current Assets1.0B28.0M58.9M(1K)134.1M99.6M
Other Stockholder Equity1.5B2.5B3.5B4.3B6.4B6.7B
Total Liab428.6M606.8M316.1M320.6M445.0M467.2M
Property Plant And Equipment Gross8.2M9.5M29.8M34.3M45.4M47.6M
Total Current Assets1.5B2.1B2.5B2.8B4.1B4.3B
Accumulated Other Comprehensive Income79.0M200.5M465.4M607.0M72.1M117.4M
Intangible Assets45.0M167.8M171.7M174.9M125.2M62.8M
Common Stock4.8M5.9M6.2M6.6M7.1M3.6M
Short Long Term Debt Total7.3M9.7M11.5M12.4M20M21M
Other Current Liab385.3K72.5M88.9M110.1M172.8M181.4M
Other Assets1.030.3M119.8M128.4M147.7M155.1M
Common Stock Shares Outstanding38.6M45.4M51.1M54.4M57.2M33.5M
Inventory(1.0B)25.3M109.1M228.4M310.6M326.1M
Short Term Debt2.2M3.5M3.5M3.4M4.6M4.9M
Non Currrent Assets Other705.7K22.2M34.4M49.2M126.5M132.8M
Short Term Investments1.1B781.5M1.0B1.4B1.1B1.2B
Net Tangible Assets1.0B1.2B2.4B2.6B3.0B3.2B
Long Term Investments2.6M5.1M53.2M40.5M47.2M49.5M
Property Plant Equipment8.2M9.5M15.8M16.2M18.7M19.6M
Other Liab218.1M220.6M6.9M9.3M10.7M10.1M
Capital Lease Obligations6.5M7.9M11.5M12.4M20M21M
Net Invested Capital1.1B1.4B2.5B2.8B4.1B4.3B
Net Working Capital1.2B1.4B2.2B2.5B3.7B1.9B
Capital Stock4.8M5.9M6.2M6.6M7.1M6.4M

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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:
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.