Argenx Total Stockholder Equity vs Net Invested Capital Analysis

ARGX Stock

USD 623.82 2.21 0.35%

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 Total Stockholder Equity and its Net Invested 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 closely tied with the direction of predictive economic indicators such as signals in price.

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of argenx NV ADR Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.

The correlation between Argenx NV's Total Stockholder Equity and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested 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 Total Stockholder Equity and Net Invested 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 Total Stockholder Equity of argenx NV ADR are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Argenx NV's Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 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	-0.69	-0.97	-0.98	0.97	0.97	0.98	0.99	0.88	0.89	0.22	0.23	0.99	0.85	0.97	1.0	0.77	0.78	0.98	0.96	0.94	0.83	0.33
Total Current Liabilities	0.98		0.97	0.99	-0.6	-0.96	-0.95	0.99	0.96	0.97	0.99	0.8	0.9	0.35	0.24	0.97	0.92	0.93	0.98	0.84	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	0.2	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		-0.68	-0.96	-0.97	0.98	0.96	0.98	0.99	0.85	0.87	0.24	0.26	0.99	0.87	0.97	0.99	0.79	0.77	0.99	0.95	0.94	0.82	0.3
Current Deferred Revenue	-0.69	-0.6	-0.74	-0.68		0.67	0.78	-0.62	-0.67	-0.77	-0.63	-0.75	-0.43	0.5	0.3	-0.74	-0.26	-0.82	-0.68	-0.5	-0.4	-0.69	-0.8	-0.88	-0.48	-0.75
Net Debt	-0.97	-0.96	-0.96	-0.96	0.67		0.93	-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
Retained Earnings	-0.98	-0.95	-0.98	-0.97	0.78	0.93		-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
Accounts Payable	0.97	0.99	0.96	0.98	-0.62	-0.96	-0.95		0.95	0.97	0.98	0.76	0.88	0.35	0.22	0.95	0.92	0.92	0.97	0.87	0.81	0.96	0.91	0.9	0.85	0.3
Cash	0.97	0.96	0.97	0.96	-0.67	-1.0	-0.93	0.95		0.95	0.96	0.84	0.85	0.2	0.09	0.97	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	-0.77	-0.95	-0.99	0.97	0.95		0.97	0.85	0.83	0.14	0.12	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	-0.63	-0.97	-0.96	0.98	0.96	0.97		0.82	0.92	0.31	0.28	0.98	0.9	0.94	0.99	0.8	0.82	0.97	0.93	0.91	0.86	0.26
Net Receivables	0.88	0.8	0.9	0.85	-0.75	-0.82	-0.89	0.76	0.84	0.85	0.82		0.65	-0.09	0.1	0.91	0.58	0.91	0.88	0.44	0.49	0.89	0.92	0.87	0.55	0.46
Common Stock Total Equity	0.89	0.9	0.87	0.87	-0.43	-0.85	-0.83	0.88	0.85	0.83	0.92	0.65		0.39	0.35	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	0.5	-0.21	-0.11	0.35	0.2	0.14	0.31	-0.09	0.39		0.62	0.14	0.69	0.01	0.23	0.4	0.4	0.23	0.03	-0.07	0.37	-0.59
Other Current Assets	0.23	0.24	0.2	0.26	0.3	-0.09	-0.12	0.22	0.09	0.12	0.28	0.1	0.35	0.62		0.16	0.45	0.15	0.24	0.15	0.33	0.24	0.0	0.04	0.32	-0.82
Other Stockholder Equity	0.99	0.97	1.0	0.99	-0.74	-0.96	-0.98	0.95	0.97	0.98	0.98	0.91	0.85	0.14	0.16		0.81	0.98	0.99	0.73	0.74	0.98	0.98	0.96	0.79	0.41
Total Liab	0.85	0.92	0.81	0.87	-0.26	-0.84	-0.78	0.92	0.83	0.81	0.9	0.58	0.86	0.69	0.45	0.81		0.72	0.86	0.81	0.79	0.84	0.73	0.67	0.81	-0.02
Property Plant And Equipment Gross	0.97	0.93	0.98	0.97	-0.82	-0.92	-0.98	0.92	0.93	0.98	0.94	0.91	0.79	0.01	0.15	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	-0.68	-0.97	-0.97	0.97	0.97	0.98	0.99	0.88	0.89	0.23	0.24	0.99	0.86	0.97		0.76	0.78	0.98	0.96	0.94	0.83	0.32
Intangible Assets	0.77	0.84	0.74	0.79	-0.5	-0.74	-0.8	0.87	0.72	0.83	0.8	0.44	0.75	0.4	0.15	0.73	0.81	0.72	0.76		0.84	0.74	0.69	0.75	0.88	0.25
Common Stock	0.78	0.81	0.76	0.77	-0.4	-0.75	-0.76	0.81	0.72	0.76	0.82	0.49	0.93	0.4	0.33	0.74	0.79	0.69	0.78	0.84		0.69	0.68	0.68	0.95	0.09
Short Long Term Debt Total	0.98	0.97	0.98	0.99	-0.69	-0.95	-0.96	0.96	0.95	0.97	0.97	0.89	0.8	0.23	0.24	0.98	0.84	0.96	0.98	0.74	0.69		0.95	0.93	0.76	0.32
Other Current Liab	0.96	0.93	0.97	0.95	-0.8	-0.95	-0.97	0.91	0.96	0.97	0.93	0.92	0.8	0.03	0.0	0.98	0.73	0.96	0.96	0.69	0.68	0.95		0.95	0.74	0.54
Other Assets	0.94	0.9	0.96	0.94	-0.88	-0.9	-0.97	0.9	0.9	0.97	0.91	0.87	0.76	-0.07	0.04	0.96	0.67	0.99	0.94	0.75	0.68	0.93	0.95		0.75	0.52
Common Stock Shares Outstanding	0.83	0.85	0.81	0.82	-0.48	-0.79	-0.82	0.85	0.76	0.81	0.86	0.55	0.88	0.37	0.32	0.79	0.81	0.76	0.83	0.88	0.95	0.76	0.74	0.75		0.13
Inventory	0.33	0.28	0.37	0.3	-0.75	-0.41	-0.45	0.3	0.41	0.44	0.26	0.46	0.11	-0.59	-0.82	0.41	-0.02	0.43	0.32	0.25	0.09	0.32	0.54	0.52	0.13

Click cells to compare fundamentals

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	329.6M	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	2.5M	81.0M	46.5M	(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 Payable	95.6M	206.5M	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	223.3M	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	235.2K	32.7M	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	277.8M	14.8M	18.3M	22.0M	20.9M
Other Current Assets	1.0B	24.1M	64.5M	180.7M	134.1M	113.9M
Other Stockholder Equity	1.5B	2.7B	3.5B	4.3B	6.4B	6.7B
Total Liab	428.6M	607.4M	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	200.7M	465.4M	607.0M	72.1M	117.4M
Intangible Assets	45.0M	168.0M	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	68.7M	84.6M	107.0M	168.5M	176.9M
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	22.3M	34.4M	49.2M	126.5M	132.8M
Short Term Investments	1.1B	782.3M	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

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Argenx Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Argenx Total Stockholder Equity vs Net Invested Capital Analysis

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Invested Capital

Argenx NV fundamental ratios Correlations

Argenx NV Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argenx NV fundamental ratios Accounts

Also Currently Popular

Additional Tools for Argenx Stock Analysis

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