Exelixis Other Operating Expenses vs Reconciled Depreciation Analysis

EXEL Stock  USD 35.93  0.52  1.43%   
Exelixis financial indicator trend analysis is much more than just examining Exelixis latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exelixis is a good investment. Please check the relationship between Exelixis Other Operating Expenses and its Reconciled Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelixis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.

Other Operating Expenses vs Reconciled Depreciation

Other Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exelixis Other Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Exelixis' Other Operating Expenses and Reconciled Depreciation is 0.93. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Exelixis, assuming nothing else is changed. The correlation between historical values of Exelixis' Other Operating Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Exelixis are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Other Operating Expenses i.e., Exelixis' Other Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Exelixis. It is also known as Exelixis overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Reconciled Depreciation

Most indicators from Exelixis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exelixis 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelixis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.At this time, Exelixis' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 32.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.24.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.6B1.8B1.8B
Total Revenue1.4B1.6B1.8B1.9B

Exelixis fundamental ratios Correlations

0.990.720.610.61-0.340.880.850.85-0.680.950.750.950.860.940.940.96-0.210.890.340.96-0.34-0.33-0.030.95-0.55
0.990.780.610.62-0.430.820.780.8-0.760.920.770.920.790.950.950.97-0.340.840.20.97-0.39-0.26-0.090.95-0.61
0.720.780.080.25-0.560.630.460.64-0.610.670.490.70.630.660.690.69-0.560.55-0.180.68-0.60.34-0.350.74-0.58
0.610.610.080.78-0.20.360.50.3-0.630.510.730.460.280.710.640.66-0.090.520.380.69-0.03-0.670.240.54-0.4
0.610.620.250.78-0.020.410.320.36-0.50.530.680.510.360.640.590.590.010.340.290.64-0.15-0.59-0.230.57-0.07
-0.34-0.43-0.56-0.2-0.02-0.14-0.23-0.150.68-0.24-0.31-0.23-0.11-0.42-0.45-0.440.78-0.280.42-0.420.79-0.27-0.19-0.350.84
0.880.820.630.360.41-0.140.910.87-0.440.940.590.880.940.790.830.80.030.90.520.81-0.21-0.240.00.8-0.36
0.850.780.460.50.32-0.230.910.82-0.460.880.570.830.860.770.810.790.010.950.590.79-0.17-0.370.270.76-0.5
0.850.80.640.30.36-0.150.870.82-0.320.910.380.960.980.640.750.70.070.780.450.68-0.22-0.160.090.86-0.42
-0.68-0.76-0.61-0.63-0.50.68-0.44-0.46-0.32-0.55-0.86-0.47-0.32-0.82-0.82-0.760.66-0.520.15-0.820.40.07-0.06-0.620.77
0.950.920.670.510.53-0.240.940.880.91-0.550.630.940.930.860.890.89-0.080.910.430.88-0.26-0.250.040.9-0.49
0.750.770.490.730.68-0.310.590.570.38-0.860.630.540.430.890.80.79-0.30.620.240.88-0.22-0.36-0.070.63-0.43
0.950.920.70.460.51-0.230.880.830.96-0.470.940.540.930.790.850.84-0.060.840.390.82-0.29-0.27-0.020.95-0.46
0.860.790.630.280.36-0.110.940.860.98-0.320.930.430.930.670.760.720.130.830.530.71-0.22-0.180.080.82-0.36
0.940.950.660.710.64-0.420.790.770.64-0.820.860.890.790.670.930.98-0.330.850.251.0-0.35-0.36-0.040.84-0.57
0.940.950.690.640.59-0.450.830.810.75-0.820.890.80.850.760.930.91-0.360.810.210.95-0.32-0.280.030.92-0.66
0.960.970.690.660.59-0.440.80.790.7-0.760.890.790.840.720.980.91-0.330.890.240.98-0.39-0.33-0.030.87-0.6
-0.21-0.34-0.56-0.090.010.780.030.010.070.66-0.08-0.3-0.060.13-0.33-0.36-0.33-0.080.74-0.330.46-0.420.22-0.280.69
0.890.840.550.520.34-0.280.90.950.78-0.520.910.620.840.830.850.810.89-0.080.50.86-0.23-0.320.170.79-0.52
0.340.2-0.180.380.290.420.520.590.450.150.430.240.390.530.250.210.240.740.50.250.22-0.570.330.190.2
0.960.970.680.690.64-0.420.810.790.68-0.820.880.880.820.711.00.950.98-0.330.860.25-0.35-0.34-0.030.87-0.59
-0.34-0.39-0.6-0.03-0.150.79-0.21-0.17-0.220.4-0.26-0.22-0.29-0.22-0.35-0.32-0.390.46-0.230.22-0.35-0.160.13-0.330.43
-0.33-0.260.34-0.67-0.59-0.27-0.24-0.37-0.160.07-0.25-0.36-0.27-0.18-0.36-0.28-0.33-0.42-0.32-0.57-0.34-0.16-0.16-0.25-0.19
-0.03-0.09-0.350.24-0.23-0.190.00.270.09-0.060.04-0.07-0.020.08-0.040.03-0.030.220.170.33-0.030.13-0.16-0.1-0.4
0.950.950.740.540.57-0.350.80.760.86-0.620.90.630.950.820.840.920.87-0.280.790.190.87-0.33-0.25-0.1-0.55
-0.55-0.61-0.58-0.4-0.070.84-0.36-0.5-0.420.77-0.49-0.43-0.46-0.36-0.57-0.66-0.60.69-0.520.2-0.590.43-0.19-0.4-0.55
Click cells to compare fundamentals

Exelixis Account Relationship Matchups

Exelixis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.1B2.6B3.1B2.9B3.1B
Total Stockholder Equity1.7B1.9B2.2B2.5B2.3B2.4B
Retained Earnings(559.4M)(447.6M)(216.5M)(34.2M)(173.4M)(182.0M)
Common Stock Shares Outstanding315.0M318.0M322.4M324.6M321.5M178.5M
Liabilities And Stockholders Equity1.9B2.1B2.6B3.1B2.9B3.1B
Other Stockholder Equity2.2B2.3B2.4B2.5B2.4B1.4B
Short Long Term Debt Total50.7M49.1M51.3M190.2M189.9M179.6M
Other Current Liab21.7M179.2M313.3M284.2M360.5M378.5M
Total Current Liabilities142.7M204.7M337.6M324.4M394.3M414.0M
Property Plant And Equipment Net90.7M67.4M104.0M401.2M470.9M494.4M
Net Debt(215.8M)(270.1M)(595.9M)(311.0M)(73.1M)(69.4M)
Accounts Payable11.6M23.6M24.3M32.7M33.8M35.5M
Cash266.5M319.2M647.2M501.2M263.0M190.9M
Non Current Assets Total874.5M691.9M781.5M1.5B1.6B1.7B
Non Currrent Assets Other11.3M71.9M131.0M290.6M334.2M350.9M
Cash And Short Term Investments852.2M1.2B1.5B1.3B995.3M1.0B
Net Receivables119.1M160.9M282.7M214.8M237.4M249.3M
Short Term Investments585.7M887.3M819.9M807.3M732.3M768.9M
Non Current Liabilities Total57.0M53.6M68.0M258.7M284.2M213.1M
Other Current Assets27.0M57.0M57.5M62.2M67.9M71.3M
Total Liab199.7M258.2M405.6M583.1M678.4M370.3M
Total Current Assets1.0B1.4B1.8B1.6B1.3B1.4B
Accumulated Other Comprehensive Income3.1M4.5M(758K)(14.5M)(3.8M)(3.9M)
Short Term Debt2.7M3.0M8.7M17.7M25.7M50.4M
Common Stock305K312K319K324K303K287.9K
Other Liab8.9M4.5M16.8M68.5M78.8M83.4M
Other Assets185.3M187.1M197.5M286.9M329.9M346.4M
Common Stock Total Equity300K305K312K324K372.6K391.2K
Inventory12.9M21.0M27.5M33.3M17.3M9.5M
Property Plant And Equipment Gross90.7M67.4M144.9M462.1M551.2M578.8M
Property Plant Equipment48.9M67.4M149.2M110.6M127.2M133.6M
Current Deferred Revenue106.7M1.8M8.7M6.6M5.4M5.1M
Net Tangible Assets1.6B1.8B2.0B2.4B2.8B2.9B
Retained Earnings Total Equity(880.4M)(559.4M)(447.6M)(34.2M)(39.4M)(41.3M)
Capital Surpluse2.2B2.2B2.3B2.5B2.9B2.1B

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When determining whether Exelixis is a strong investment it is important to analyze Exelixis' 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 Exelixis' future performance. For an informed investment choice regarding Exelixis Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelixis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Exelixis. If investors know Exelixis 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 Exelixis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
121.699
Earnings Share
1.55
Revenue Per Share
7.032
Quarterly Revenue Growth
0.143
Return On Assets
0.1281
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' 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 Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' 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 Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' 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.