Corcept Property Plant And Equipment Net vs Retained Earnings Analysis

CORT Stock  USD 51.40  0.25  0.49%   
Corcept Therapeutics financial indicator trend analysis is way more than just evaluating Corcept Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corcept Therapeutics is a good investment. Please check the relationship between Corcept Therapeutics Property Plant And Equipment Net and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corcept Therapeutics Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corcept Therapeutics Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Corcept Therapeutics' Property Plant And Equipment Net and Retained Earnings is 0.26. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Corcept Therapeutics Incorporated, assuming nothing else is changed. The correlation between historical values of Corcept Therapeutics' Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Corcept Therapeutics Incorporated are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Corcept Therapeutics' Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
Most indicators from Corcept Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corcept Therapeutics 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 Corcept Therapeutics Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to gain to about 193.1 M in 2024. Tax Provision is likely to gain to about 19.3 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses241.5M289.2M375.1M393.8M
Research Development113.9M131.0M184.4M193.6M

Corcept Therapeutics fundamental ratios Correlations

0.760.750.930.740.820.820.50.981.00.850.4-0.160.93-0.730.51-0.760.90.860.960.970.520.030.460.990.86
0.760.890.820.30.90.840.340.770.730.790.21-0.470.58-0.590.08-0.330.830.880.760.640.38-0.25-0.050.690.8
0.750.890.870.190.930.910.320.810.70.750.17-0.360.6-0.490.11-0.220.750.910.690.60.36-0.370.00.660.81
0.930.820.870.480.870.890.430.940.910.890.33-0.230.79-0.640.3-0.510.870.970.830.830.47-0.080.240.870.89
0.740.30.190.480.370.310.550.640.780.520.530.230.87-0.560.74-1.00.540.310.770.860.520.230.730.820.44
0.820.90.930.870.370.910.30.870.780.730.12-0.490.7-0.530.09-0.40.880.860.810.720.33-0.150.00.760.78
0.820.840.910.890.310.910.430.880.760.680.27-0.320.64-0.410.13-0.340.80.880.830.720.480.00.050.760.77
0.50.340.320.430.550.30.430.440.480.330.970.540.47-0.10.36-0.530.180.330.560.510.990.160.330.510.38
0.980.770.810.940.640.870.880.440.970.830.31-0.240.9-0.680.44-0.670.920.880.940.940.470.010.390.960.86
1.00.730.70.910.780.780.760.480.970.860.39-0.150.95-0.760.56-0.80.90.820.940.980.50.020.510.990.85
0.850.790.750.890.520.730.680.330.830.860.29-0.180.77-0.830.39-0.550.790.910.740.760.36-0.350.30.790.86
0.40.210.170.330.530.120.270.970.310.390.290.690.39-0.080.4-0.50.030.240.440.420.940.130.370.410.31
-0.16-0.47-0.36-0.230.23-0.49-0.320.54-0.24-0.15-0.180.69-0.010.30.42-0.19-0.57-0.32-0.17-0.080.490.060.46-0.12-0.26
0.930.580.60.790.870.70.640.470.90.950.770.39-0.01-0.70.69-0.890.790.680.90.970.470.010.650.960.71
-0.73-0.59-0.49-0.64-0.56-0.53-0.41-0.1-0.68-0.76-0.83-0.080.3-0.7-0.410.59-0.75-0.66-0.63-0.69-0.120.39-0.36-0.71-0.81
0.510.080.110.30.740.090.130.360.440.560.390.40.420.69-0.41-0.730.260.20.470.610.33-0.030.980.580.29
-0.76-0.33-0.22-0.51-1.0-0.4-0.34-0.53-0.67-0.8-0.55-0.5-0.19-0.890.59-0.73-0.58-0.35-0.79-0.88-0.49-0.22-0.72-0.84-0.47
0.90.830.750.870.540.880.80.180.920.90.790.03-0.570.79-0.750.26-0.580.830.870.850.220.010.20.880.83
0.860.880.910.970.310.860.880.330.880.820.910.24-0.320.68-0.660.2-0.350.830.750.720.39-0.260.120.770.9
0.960.760.690.830.770.810.830.560.940.940.740.44-0.170.9-0.630.47-0.790.870.750.960.570.150.410.960.78
0.970.640.60.830.860.720.720.510.940.980.760.42-0.080.97-0.690.61-0.880.850.720.960.520.140.581.00.77
0.520.380.360.470.520.330.480.990.470.50.360.940.490.47-0.120.33-0.490.220.390.570.520.150.310.530.42
0.03-0.25-0.37-0.080.23-0.150.00.160.010.02-0.350.130.060.010.39-0.03-0.220.01-0.260.150.140.150.060.1-0.28
0.46-0.050.00.240.730.00.050.330.390.510.30.370.460.65-0.360.98-0.720.20.120.410.580.310.060.530.21
0.990.690.660.870.820.760.760.510.960.990.790.41-0.120.96-0.710.58-0.840.880.770.961.00.530.10.530.81
0.860.80.810.890.440.780.770.380.860.850.860.31-0.260.71-0.810.29-0.470.830.90.780.770.42-0.280.210.81
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Corcept Therapeutics Account Relationship Matchups

Corcept Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets412.3M571.7M423.8M583.4M621.5M652.6M
Other Current Liab30.1M(11.5M)39.1M58.1M65.4M68.7M
Total Current Liabilities41.1M10.6M6.9M81.6M104.5M109.7M
Accounts Payable7.5M10.6M6.9M12.0M17.4M18.3M
Cash315.3M476.9M335.8M436.6M135.6M116.6M
Other Current Assets6.0M6.7M10.3M45.0M41.6M43.6M
Total Liab41.1M48.4M48.0M81.6M114.8M120.6M
Common Stock120K122K127K131K133K85.9K
Property Plant Equipment1.1M1.7M1.0M1.8M2.0M2.1M
Total Stockholder Equity371.2M523.3M375.8M501.8M506.7M532.0M
Other Assets61.1M52.9M43.5M77.5M89.1M93.5M
Common Stock Shares Outstanding122.6M124.2M126.0M116.0M111.7M83.1M
Liabilities And Stockholders Equity412.3M571.7M423.8M583.4M621.5M652.6M
Other Stockholder Equity394.4M440.3M180.9M206.2M103.4M98.3M
Short Term Investments244.7M364.5M145.9M365.3M232.7M244.3M
Property Plant And Equipment Net3.4M2.5M514K1.1M315K559.2K
Net Debt(311.9M)(474.3M)(335.3M)(435.5M)(135.4M)(142.2M)
Retained Earnings(23.6M)82.5M195.0M296.4M402.5M422.7M
Non Current Assets Total59.7M47.5M42.4M84.7M162.9M171.0M
Non Currrent Assets Other10.5M13.4M14.4M17.2M14.8M15.5M
Cash And Short Term Investments315.3M476.9M335.8M436.6M368.2M386.6M
Common Stock Total Equity117K120K122K127K146.1K87.7K
Non Current Liabilities Total1.9M37.8M41.0M9.1M10.3M12.7M
Property Plant And Equipment Gross4.5M4.2M514K1.1M315K299.3K
Total Current Assets352.6M524.2M381.4M498.7M458.6M481.6M
Accumulated Other Comprehensive Income261K415K(227K)(869K)609K639.5K
Net Tangible Assets371.2M523.3M375.8M501.8M577.1M606.0M
Retained Earnings Total Equity(117.7M)(23.6M)82.5M195.0M224.2M235.4M
Capital Surpluse417.2M457.1M516.1M591.3M680.1M426.4M
Inventory17.4M21.2M18.0M17.0M7.7M9.6M
Net Receivables19.9M26.2M27.6M31.1M41.1M43.2M
Net Invested Capital371.2M523.3M375.8M501.8M506.7M431.5M
Long Term Investments39.4M36.2M112.3M4.9M57.2M41.7M

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