Alkermes Common Stock Total Equity vs Current Deferred Revenue Analysis

ALKS Stock  USD 29.50  0.21  0.71%   
Alkermes Plc financial indicator trend analysis is way more than just evaluating Alkermes Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkermes Plc is a good investment. Please check the relationship between Alkermes Plc Common Stock Total Equity and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkermes Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.

Common Stock Total Equity vs Current Deferred Revenue

Common Stock Total Equity vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkermes Plc Common Stock Total Equity account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alkermes Plc's Common Stock Total Equity and Current Deferred Revenue is -0.24. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Alkermes Plc, assuming nothing else is changed. The correlation between historical values of Alkermes Plc's Common Stock Total Equity 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 Common Stock Total Equity of Alkermes Plc 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 Common Stock Total Equity i.e., Alkermes Plc's Common Stock Total Equity and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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 Alkermes Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkermes Plc 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 Alkermes Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.At this time, Alkermes Plc's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 9.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 162.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses599.1M1.0B996.2M1.0B
Cost Of Revenue603.9M218.1M288.7M226.3M

Alkermes Plc fundamental ratios Correlations

0.590.730.920.72-0.24-0.740.790.790.45-0.120.830.850.640.410.790.880.650.87-0.030.690.820.880.660.89-0.33
0.590.030.650.730.55-0.120.140.140.91-0.170.330.70.89-0.130.210.390.220.180.22-0.010.140.710.220.71-0.32
0.730.030.470.45-0.74-0.940.850.9-0.160.180.630.520.240.660.840.910.810.91-0.260.990.960.60.490.580.11
0.920.650.470.65-0.03-0.490.670.60.56-0.360.830.830.560.230.640.630.370.730.050.410.60.830.720.85-0.58
0.720.730.450.650.12-0.640.430.330.740.070.460.920.86-0.110.590.660.520.46-0.010.420.550.910.450.930.02
-0.240.55-0.74-0.030.120.6-0.59-0.70.7-0.15-0.4-0.030.34-0.68-0.48-0.43-0.47-0.660.26-0.76-0.67-0.1-0.33-0.05-0.14
-0.74-0.12-0.94-0.49-0.640.6-0.77-0.75-0.04-0.21-0.6-0.66-0.39-0.41-0.87-0.89-0.83-0.840.26-0.94-0.94-0.71-0.51-0.71-0.2
0.790.140.850.670.43-0.59-0.770.85-0.02-0.030.680.570.190.690.820.780.530.89-0.270.810.880.640.550.62-0.24
0.790.140.90.60.33-0.7-0.750.85-0.120.060.740.490.260.820.720.870.720.94-0.120.880.910.580.490.54-0.18
0.450.91-0.160.560.740.7-0.04-0.02-0.12-0.090.190.670.84-0.430.090.220.06-0.030.28-0.19-0.010.60.140.65-0.28
-0.12-0.170.18-0.360.07-0.15-0.21-0.030.06-0.09-0.34-0.120.110.21-0.020.20.11-0.1-0.060.250.17-0.09-0.26-0.110.47
0.830.330.630.830.46-0.4-0.60.680.740.19-0.340.710.350.380.540.670.530.840.280.590.690.710.760.71-0.37
0.850.70.520.830.92-0.03-0.660.570.490.67-0.120.710.760.030.640.690.520.640.080.480.640.980.630.99-0.28
0.640.890.240.560.860.34-0.390.190.260.840.110.350.76-0.130.340.60.510.280.160.220.330.760.220.770.0
0.41-0.130.660.23-0.11-0.68-0.410.690.82-0.430.210.380.03-0.130.410.550.340.65-0.180.670.620.170.220.09-0.19
0.790.210.840.640.59-0.48-0.870.820.720.09-0.020.540.640.340.410.810.670.85-0.580.810.850.70.620.71-0.01
0.880.390.910.630.66-0.43-0.890.780.870.220.20.670.690.60.550.810.860.86-0.130.890.920.760.450.750.04
0.650.220.810.370.52-0.47-0.830.530.720.060.110.530.520.510.340.670.860.71-0.120.820.770.570.250.580.26
0.870.180.910.730.46-0.66-0.840.890.94-0.03-0.10.840.640.280.650.850.860.71-0.20.880.920.70.710.69-0.19
-0.030.22-0.260.05-0.010.260.26-0.27-0.120.28-0.060.280.080.16-0.18-0.58-0.13-0.12-0.2-0.27-0.220.01-0.120.0-0.22
0.69-0.010.990.410.42-0.76-0.940.810.88-0.190.250.590.480.220.670.810.890.820.88-0.270.960.570.440.540.16
0.820.140.960.60.55-0.67-0.940.880.91-0.010.170.690.640.330.620.850.920.770.92-0.220.960.70.510.69-0.02
0.880.710.60.830.91-0.1-0.710.640.580.6-0.090.710.980.760.170.70.760.570.70.010.570.70.640.99-0.24
0.660.220.490.720.45-0.33-0.510.550.490.14-0.260.760.630.220.220.620.450.250.71-0.120.440.510.640.64-0.22
0.890.710.580.850.93-0.05-0.710.620.540.65-0.110.710.990.770.090.710.750.580.690.00.540.690.990.64-0.24
-0.33-0.320.11-0.580.02-0.14-0.2-0.24-0.18-0.280.47-0.37-0.280.0-0.19-0.010.040.26-0.19-0.220.16-0.02-0.24-0.22-0.24
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Alkermes Plc Account Relationship Matchups

Alkermes Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.9B2.0B2.0B2.1B2.2B
Short Long Term Debt Total277.1M275.0M295.8M293.3M372.2M217.6M
Total Current Liabilities391.1M438.3M471.3M497.7M520.2M546.2M
Total Stockholder Equity1.1B1.1B1.1B1.0B1.2B1.3B
Property Plant And Equipment Net362.2M350.0M341.1M325.4M318.4M165.3M
Net Debt73.4M2M(41.7M)797K(85.3M)(81.0M)
Retained Earnings(1.4B)(1.5B)(1.5B)(1.7B)(1.3B)(1.3B)
Accounts Payable54.3M46.0M55.7M32.8M65.6M68.9M
Cash203.8M273.0M337.5M292.5M457.5M480.3M
Non Current Assets Total764.0M814.0M732.9M702.1M650.7M423.1M
Non Currrent Assets Other(17.6M)148.9M(86.3M)(1.1M)11.5M12.1M
Cash And Short Term Investments614.4M659.8M765.7M740.1M773.5M812.2M
Common Stock Shares Outstanding157.1M158.8M160.9M163.5M169.7M107.2M
Liabilities And Stockholders Equity1.8B1.9B2.0B2.0B2.1B2.2B
Non Current Liabilities Total328.8M444.5M440.6M422.5M413.3M247.9M
Other Current Assets59.7M60.7M49.0M43.5M192.4M202.0M
Other Stockholder Equity2.5B2.6B2.7B2.8B2.5B2.7B
Total Liab720.0M882.7M911.9M920.2M933.5M980.2M
Property Plant And Equipment Gross362.2M481.7M852.2M874.9M548.6M576.0M
Total Current Assets1.0B1.1B1.3B1.3B1.5B1.6B
Accumulated Other Comprehensive Income(1.8M)(1.3M)(3.7M)(10.9M)(3.1M)(3.3M)
Other Current Liab327.2M366.1M390.0M445.2M443.1M465.2M
Net Receivables265.5M289.5M326.6M296.9M333.2M349.8M
Common Stock Total Equity1.6M1.6M1.7M1.7M1.9M1.2M
Short Term Investments331.2M362.1M198.8M316.0M316.0M251.8M
Common Stock1.6M1.6M1.7M1.7M1.7M1.2M
Current Deferred Revenue6.8M7.5M6.3M6.8M2.7M2.6M
Other Liab49.2M52.9M147.8M42.4M48.7M45.4M
Other Assets140.1M284.7M224.9M122.4M1.00.95
Long Term Debt274.3M272.1M292.8M290.3M287.7M282.4M
Property Plant Equipment362.2M350.0M341.1M325.4M374.2M214.7M
Inventory101.8M125.7M150.3M181.4M186.4M195.7M
Net Tangible Assets841.9M862.9M945.7M913.2M1.1B791.1M
Retained Earnings Total Equity(1.4B)(1.5B)(1.5B)(1.7B)(1.5B)(1.6B)
Long Term Debt Total274.3M272.1M292.8M290.3M261.2M247.6M
Capital Surpluse2.6B2.7B2.8B2.9B3.4B2.5B

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Additional Tools for Alkermes Stock Analysis

When running Alkermes Plc's price analysis, check to measure Alkermes Plc'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 Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.