Alkermes Depreciation And Amortization vs Selling General Administrative Analysis

ALKS Stock  USD 29.24  0.01  0.03%   
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 Depreciation And Amortization and its Selling General Administrative 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.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkermes Plc Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Alkermes Plc's Depreciation And Amortization and Selling General Administrative is 0.25. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative 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 Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Alkermes Plc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Alkermes Plc's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

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 9.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 162.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses599.1M1.0B951.0M998.5M
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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.