Exelixis Reconciled Depreciation vs Total Operating Expenses Analysis
EXEL Stock | USD 35.61 0.78 2.24% |
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 Reconciled Depreciation and its Total Operating Expenses 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.
Reconciled Depreciation vs Total Operating Expenses
Reconciled Depreciation vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exelixis Reconciled Depreciation account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Exelixis' Reconciled Depreciation and Total Operating Expenses is 0.93. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Exelixis, assuming nothing else is changed. The correlation between historical values of Exelixis' Reconciled Depreciation and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Exelixis are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Exelixis' Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Reconciled Depreciation
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 Profit | 1.4B | 1.6B | 1.8B | 1.8B | Total Revenue | 1.4B | 1.6B | 1.8B | 1.9B |
Exelixis fundamental ratios Correlations
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Exelixis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Exelixis fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.1B | 2.6B | 3.1B | 2.9B | 3.1B | |
Total Stockholder Equity | 1.7B | 1.9B | 2.2B | 2.5B | 2.3B | 2.4B | |
Retained Earnings | (559.4M) | (447.6M) | (216.5M) | (34.2M) | (173.4M) | (182.0M) | |
Common Stock Shares Outstanding | 315.0M | 318.0M | 322.4M | 324.6M | 321.5M | 178.5M | |
Liabilities And Stockholders Equity | 1.9B | 2.1B | 2.6B | 3.1B | 2.9B | 3.1B | |
Other Stockholder Equity | 2.2B | 2.3B | 2.4B | 2.5B | 2.4B | 1.4B | |
Short Long Term Debt Total | 50.7M | 49.1M | 51.3M | 190.2M | 189.9M | 179.6M | |
Other Current Liab | 21.7M | 179.2M | 313.3M | 284.2M | 360.5M | 378.5M | |
Total Current Liabilities | 142.7M | 204.7M | 337.6M | 324.4M | 394.3M | 414.0M | |
Property Plant And Equipment Net | 90.7M | 67.4M | 104.0M | 401.2M | 470.9M | 494.4M | |
Net Debt | (215.8M) | (270.1M) | (595.9M) | (311.0M) | (73.1M) | (69.4M) | |
Accounts Payable | 11.6M | 23.6M | 24.3M | 32.7M | 33.8M | 35.5M | |
Cash | 266.5M | 319.2M | 647.2M | 501.2M | 263.0M | 190.9M | |
Non Current Assets Total | 874.5M | 691.9M | 781.5M | 1.5B | 1.6B | 1.7B | |
Non Currrent Assets Other | 11.3M | 71.9M | 131.0M | 290.6M | 334.2M | 350.9M | |
Cash And Short Term Investments | 852.2M | 1.2B | 1.5B | 1.3B | 995.3M | 1.0B | |
Net Receivables | 119.1M | 160.9M | 282.7M | 214.8M | 237.4M | 249.3M | |
Short Term Investments | 585.7M | 887.3M | 819.9M | 807.3M | 732.3M | 768.9M | |
Non Current Liabilities Total | 57.0M | 53.6M | 68.0M | 258.7M | 284.2M | 213.1M | |
Other Current Assets | 27.0M | 57.0M | 57.5M | 62.2M | 67.9M | 71.3M | |
Total Liab | 199.7M | 258.2M | 405.6M | 583.1M | 678.4M | 370.3M | |
Total Current Assets | 1.0B | 1.4B | 1.8B | 1.6B | 1.3B | 1.4B | |
Accumulated Other Comprehensive Income | 3.1M | 4.5M | (758K) | (14.5M) | (3.8M) | (3.9M) | |
Short Term Debt | 2.7M | 3.0M | 8.7M | 17.7M | 25.7M | 50.4M | |
Common Stock | 305K | 312K | 319K | 324K | 303K | 287.9K | |
Other Liab | 8.9M | 4.5M | 16.8M | 68.5M | 78.8M | 83.4M | |
Other Assets | 185.3M | 187.1M | 197.5M | 286.9M | 329.9M | 346.4M | |
Common Stock Total Equity | 300K | 305K | 312K | 324K | 372.6K | 391.2K | |
Inventory | 12.9M | 21.0M | 27.5M | 33.3M | 17.3M | 9.5M | |
Property Plant And Equipment Gross | 90.7M | 67.4M | 144.9M | 462.1M | 551.2M | 578.8M | |
Property Plant Equipment | 48.9M | 67.4M | 149.2M | 110.6M | 127.2M | 133.6M | |
Current Deferred Revenue | 106.7M | 1.8M | 8.7M | 6.6M | 5.4M | 5.1M | |
Net Tangible Assets | 1.6B | 1.8B | 2.0B | 2.4B | 2.8B | 2.9B | |
Retained Earnings Total Equity | (880.4M) | (559.4M) | (447.6M) | (34.2M) | (39.4M) | (41.3M) | |
Capital Surpluse | 2.2B | 2.2B | 2.3B | 2.5B | 2.9B | 2.1B |
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Try AI Portfolio ArchitectCheck 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.