Ascendis Net Income vs Change To Netincome Analysis

ASND Stock  USD 136.00  0.32  0.23%   
Ascendis Pharma financial indicator trend analysis is way more than just evaluating Ascendis Pharma AS prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ascendis Pharma AS is a good investment. Please check the relationship between Ascendis Pharma Net Income and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascendis Pharma AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ascendis Pharma AS Net Income account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.
The correlation between Ascendis Pharma's Net Income and Change To Netincome is -0.83. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Ascendis Pharma AS, assuming nothing else is changed. The correlation between historical values of Ascendis Pharma's Net Income and Change To Netincome 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 of Ascendis Pharma AS are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Ascendis Pharma's Net Income and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ascendis Pharma AS financial statement analysis. It represents the amount of money remaining after all of Ascendis Pharma AS operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Netincome

Most indicators from Ascendis Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ascendis Pharma AS 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 Ascendis Pharma AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Ascendis Pharma's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 7 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 1.92.
 2021 2022 2023 2024 (projected)
Interest Expense3.9M50.5M44.1M46.3M
Depreciation And Amortization16.0M17.6M18.9M19.9M

Ascendis Pharma fundamental ratios Correlations

0.550.670.640.92-0.69-0.23-0.80.730.910.930.870.970.28-0.170.910.530.820.570.840.990.730.930.60.940.83
0.550.98-0.260.77-0.460.61-0.920.940.40.40.80.440.9-0.810.51.00.821.00.880.580.960.540.960.580.2
0.670.98-0.10.86-0.490.5-0.970.980.50.540.880.560.85-0.760.60.970.910.980.940.690.990.640.960.680.35
0.64-0.26-0.10.39-0.43-0.85-0.110.00.710.720.320.73-0.440.410.56-0.290.22-0.240.20.6-0.020.57-0.120.550.85
0.920.770.860.39-0.610.09-0.930.870.760.880.910.850.55-0.480.760.750.920.780.980.90.90.810.810.830.72
-0.69-0.46-0.49-0.43-0.610.240.57-0.59-0.78-0.53-0.71-0.73-0.330.3-0.82-0.44-0.58-0.46-0.58-0.72-0.53-0.84-0.54-0.82-0.66
-0.230.610.5-0.850.090.24-0.320.41-0.47-0.270.06-0.390.66-0.6-0.280.640.260.610.27-0.210.44-0.260.48-0.22-0.58
-0.8-0.92-0.97-0.11-0.930.57-0.32-0.96-0.66-0.7-0.94-0.71-0.770.68-0.73-0.9-0.94-0.92-0.98-0.81-0.97-0.77-0.94-0.8-0.54
0.730.940.980.00.87-0.590.41-0.960.570.580.90.640.77-0.670.680.940.940.950.940.760.980.730.910.760.4
0.910.40.50.710.76-0.78-0.47-0.660.570.780.820.960.22-0.140.920.370.620.410.660.920.560.930.50.930.88
0.930.40.540.720.88-0.53-0.27-0.70.580.780.740.880.16-0.110.760.370.760.420.780.880.610.780.50.790.87
0.870.80.880.320.91-0.710.06-0.940.90.820.740.830.65-0.580.840.780.910.810.920.880.890.880.870.910.7
0.970.440.560.730.85-0.73-0.39-0.710.640.960.880.830.17-0.10.890.420.730.450.740.970.630.920.50.930.87
0.280.90.85-0.440.55-0.330.66-0.770.770.220.160.650.17-0.940.320.90.610.890.70.310.80.340.920.380.08
-0.17-0.81-0.760.41-0.480.3-0.60.68-0.67-0.14-0.11-0.58-0.1-0.94-0.17-0.8-0.53-0.79-0.62-0.18-0.7-0.23-0.85-0.26-0.1
0.910.50.60.560.76-0.82-0.28-0.730.680.920.760.840.890.32-0.170.480.720.510.710.930.630.990.580.980.77
0.531.00.97-0.290.75-0.440.64-0.90.940.370.370.780.420.9-0.80.480.811.00.860.560.950.530.940.560.16
0.820.820.910.220.92-0.580.26-0.940.940.620.760.910.730.61-0.530.720.810.830.950.820.930.780.830.810.56
0.571.00.98-0.240.78-0.460.61-0.920.950.410.420.810.450.89-0.790.511.00.830.880.590.970.550.950.590.21
0.840.880.940.20.98-0.580.27-0.980.940.660.780.920.740.7-0.620.710.860.950.880.840.970.760.90.790.6
0.990.580.690.60.9-0.72-0.21-0.810.760.920.880.880.970.31-0.180.930.560.820.590.840.750.950.620.960.8
0.730.960.99-0.020.9-0.530.44-0.970.980.560.610.890.630.8-0.70.630.950.930.970.970.750.680.940.710.4
0.930.540.640.570.81-0.84-0.26-0.770.730.930.780.880.920.34-0.230.990.530.780.550.760.950.680.621.00.8
0.60.960.96-0.120.81-0.540.48-0.940.910.50.50.870.50.92-0.850.580.940.830.950.90.620.940.620.650.38
0.940.580.680.550.83-0.82-0.22-0.80.760.930.790.910.930.38-0.260.980.560.810.590.790.960.711.00.650.79
0.830.20.350.850.72-0.66-0.58-0.540.40.880.870.70.870.08-0.10.770.160.560.210.60.80.40.80.380.79
Click cells to compare fundamentals

Ascendis Pharma Account Relationship Matchups

Ascendis Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets676.7M979.8M1.1B1.1B825.6M477.4M
Short Long Term Debt Total36.6M92.0M105.0M508.4M644.3M676.5M
Total Current Liabilities48.0M52.8M100.4M171.3M197.3M207.2M
Total Stockholder Equity597.1M838.7M883.6M263.3M(145.7M)(138.4M)
Property Plant And Equipment Net45.1M108.1M126.0M129.1M110.6M116.2M
Current Deferred Revenue858K363K2.6M1.2M1.1M1.0M
Net Debt(561.5M)(492.5M)(341.3M)63.6M252.1M264.7M
Retained Earnings(611.3M)(1.0B)(1.4B)(1.9B)(2.3B)(2.2B)
Accounts Payable27.8M21.9M59.4M101.0M94.6M99.3M
Cash598.1M584.5M446.3M444.8M392.2M282.5M
Non Current Assets Total65.6M239.7M279.0M166.3M122.9M79.4M
Non Currrent Assets Other1.5M1.4M1.8M1.9M2.1M2.2M
Cash And Short Term Investments598.1M718.8M682.1M735.5M399.4M339.0M
Net Receivables5.4M387K2.2M11.9M55.8M58.6M
Common Stock Total Equity5.0M5.7M6.4M7.2M8.3M4.2M
Liabilities And Stockholders Equity676.7M979.8M1.1B1.1B825.6M477.4M
Non Current Liabilities Total31.6M88.3M100.9M655.1M773.9M812.6M
Other Current Assets7.6M14.0M46.2M45.4M38.6M40.5M
Total Liab79.6M141.1M201.3M826.4M971.3M1.0B
Property Plant And Equipment Gross45.1M108.1M160.0M175.7M182.2M191.3M
Total Current Assets611.2M740.1M805.9M923.5M702.7M398.0M
Accumulated Other Comprehensive Income590.7M831.5M876.0M255.7M(153.4M)(145.8M)
Short Term Debt5.9M6.9M14.0M25.4M25.4M26.7M
Common Stock6.4M7.2M7.6M7.7M7.7M5.2M
Other Current Liab13.5M23.7M26.8M39.3M75.1M78.8M
Common Stock Shares Outstanding46.5M50.6M54.8M56.1M56.3M39.2M
Net Tangible Assets593.6M833.0M878.4M258.5M297.3M374.1M
Other Assets1.5M1.4M1.8M1.9M2.2M2.3M
Other Stockholder Equity611.3M698.5M872.2M252.2M2.3B2.4B
Property Plant Equipment45.1M108.1M126.0M129.1M148.5M155.9M
Other Liab908K3.2M3.0M172.2M198.0M207.9M
Capital Lease Obligations36.6M92.0M105.0M109.2M98.8M103.7M
Inventory(3.0)1.075.4M130.7M208.9M219.4M
Long Term Investments15.5M124.5M145.9M30.4M5.7M5.4M
Intangible Assets4.4M2.2M1.8M1.3M924K877.8K
Net Invested Capital597.1M838.7M883.6M771.7M399.8M622.0M

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When determining whether Ascendis Pharma AS is a strong investment it is important to analyze Ascendis Pharma's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ascendis Pharma's future performance. For an informed investment choice regarding Ascendis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascendis Pharma AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Biotechnology space 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 Ascendis Pharma. If investors know Ascendis 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 Ascendis Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.82)
Revenue Per Share
5.595
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.28)
Return On Equity
(8.18)
The market value of Ascendis Pharma AS is measured differently than its book value, which is the value of Ascendis that is recorded on the company's balance sheet. Investors also form their own opinion of Ascendis Pharma's value that differs from its market value or its book value, called intrinsic value, which is Ascendis Pharma'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 Ascendis Pharma's market value can be influenced by many factors that don't directly affect Ascendis Pharma'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 Ascendis Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascendis Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascendis Pharma'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.