Argenx Net Income From Continuing Ops vs Total Revenue Analysis

ARGX Stock  USD 614.59  7.43  1.22%   
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 Income From Continuing Ops and its Total 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 closely tied with the direction of predictive economic indicators such as signals in price.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of argenx NV ADR Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Argenx NV's Net Income From Continuing Ops and Total Revenue is -0.48. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total 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 Net Income From Continuing Ops and Total 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 Net Income From Continuing Ops of argenx NV ADR are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Argenx NV's Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts argenx NV ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 closely tied 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

0.981.00.99-0.69-0.97-0.980.970.970.980.990.880.890.220.230.990.850.971.00.770.780.980.960.940.830.33
0.980.970.99-0.6-0.96-0.950.990.960.970.990.80.90.350.240.970.920.930.980.840.810.970.930.90.850.28
1.00.970.99-0.74-0.96-0.980.960.970.980.980.90.870.150.21.00.810.981.00.740.760.980.970.960.810.37
0.990.990.99-0.68-0.96-0.970.980.960.980.990.850.870.240.260.990.870.970.990.790.770.990.950.940.820.3
-0.69-0.6-0.74-0.680.670.78-0.62-0.67-0.77-0.63-0.75-0.430.50.3-0.74-0.26-0.82-0.68-0.5-0.4-0.69-0.8-0.88-0.48-0.75
-0.97-0.96-0.96-0.960.670.93-0.96-1.0-0.95-0.97-0.82-0.85-0.21-0.09-0.96-0.84-0.92-0.97-0.74-0.75-0.95-0.95-0.9-0.79-0.41
-0.98-0.95-0.98-0.970.780.93-0.95-0.93-0.99-0.96-0.89-0.83-0.11-0.12-0.98-0.78-0.98-0.97-0.8-0.76-0.96-0.97-0.97-0.82-0.45
0.970.990.960.98-0.62-0.96-0.950.950.970.980.760.880.350.220.950.920.920.970.870.810.960.910.90.850.3
0.970.960.970.96-0.67-1.0-0.930.950.950.960.840.850.20.090.970.830.930.970.720.720.950.960.90.760.41
0.980.970.980.98-0.77-0.95-0.990.970.950.970.850.830.140.120.980.810.980.980.830.760.970.970.970.810.44
0.990.990.980.99-0.63-0.97-0.960.980.960.970.820.920.310.280.980.90.940.990.80.820.970.930.910.860.26
0.880.80.90.85-0.75-0.82-0.890.760.840.850.820.65-0.090.10.910.580.910.880.440.490.890.920.870.550.46
0.890.90.870.87-0.43-0.85-0.830.880.850.830.920.650.390.350.850.860.790.890.750.930.80.80.760.880.11
0.220.350.150.240.5-0.21-0.110.350.20.140.31-0.090.390.620.140.690.010.230.40.40.230.03-0.070.37-0.59
0.230.240.20.260.3-0.09-0.120.220.090.120.280.10.350.620.160.450.150.240.150.330.240.00.040.32-0.82
0.990.971.00.99-0.74-0.96-0.980.950.970.980.980.910.850.140.160.810.980.990.730.740.980.980.960.790.41
0.850.920.810.87-0.26-0.84-0.780.920.830.810.90.580.860.690.450.810.720.860.810.790.840.730.670.81-0.02
0.970.930.980.97-0.82-0.92-0.980.920.930.980.940.910.790.010.150.980.720.970.720.690.960.960.990.760.43
1.00.981.00.99-0.68-0.97-0.970.970.970.980.990.880.890.230.240.990.860.970.760.780.980.960.940.830.32
0.770.840.740.79-0.5-0.74-0.80.870.720.830.80.440.750.40.150.730.810.720.760.840.740.690.750.880.25
0.780.810.760.77-0.4-0.75-0.760.810.720.760.820.490.930.40.330.740.790.690.780.840.690.680.680.950.09
0.980.970.980.99-0.69-0.95-0.960.960.950.970.970.890.80.230.240.980.840.960.980.740.690.950.930.760.32
0.960.930.970.95-0.8-0.95-0.970.910.960.970.930.920.80.030.00.980.730.960.960.690.680.950.950.740.54
0.940.90.960.94-0.88-0.9-0.970.90.90.970.910.870.76-0.070.040.960.670.990.940.750.680.930.950.750.52
0.830.850.810.82-0.48-0.79-0.820.850.760.810.860.550.880.370.320.790.810.760.830.880.950.760.740.750.13
0.330.280.370.3-0.75-0.41-0.450.30.410.440.260.460.11-0.59-0.820.41-0.020.430.320.250.090.320.540.520.13
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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 Liabilities179.2M329.6M301.2M302.3M423.0M444.1M
Total Stockholder Equity1.2B1.7B2.5B2.8B4.1B4.3B
Property Plant And Equipment Net9.1M11.7M15.8M16.2M22.7M23.8M
Current Deferred Revenue2.5M81.0M46.5M(82.3M)(94.7M)(89.9M)
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 Payable95.6M206.5M208.9M188.7M245.6M257.8M
Cash371.1M1.2B1.3B800.7M2.0B2.2B
Non Current Assets Total67.3M223.3M307.3M360.1M418.7M439.7M
Cash And Short Term Investments1.5B2.0B2.3B2.2B3.2B3.3B
Net Receivables31.8M235.2K32.7M277.3M499.3M524.2M
Common Stock Total Equity3.2M3.6M4.3M4.8M5.5M5.7M
Liabilities And Stockholders Equity1.6B2.3B2.9B3.1B4.5B4.8B
Non Current Liabilities Total249.4M277.8M14.8M18.3M22.0M20.9M
Other Current Assets1.0B24.1M64.5M180.7M134.1M113.9M
Other Stockholder Equity1.5B2.7B3.5B4.3B6.4B6.7B
Total Liab428.6M607.4M316.1M320.6M445.0M467.2M
Property Plant And Equipment Gross8.2M9.5M29.8M34.3M45.4M47.6M
Total Current Assets1.5B2.1B2.5B2.8B4.1B4.3B
Accumulated Other Comprehensive Income79.0M200.7M465.4M607.0M72.1M117.4M
Intangible Assets45.0M168.0M171.7M174.9M125.2M62.8M
Common Stock4.8M5.9M6.2M6.6M7.1M3.6M
Short Long Term Debt Total7.3M9.7M11.5M12.4M20M21M
Other Current Liab385.3K68.7M84.6M107.0M168.5M176.9M
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 Other705.7K22.3M34.4M49.2M126.5M132.8M
Short Term Investments1.1B782.3M1.0B1.4B1.1B1.2B
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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