Galapagos Intangible Assets vs Net Receivables Analysis

GLPG Stock  USD 32.99  0.40  1.20%   
Galapagos financial indicator trend analysis is much more than just examining Galapagos NV ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galapagos NV ADR is a good investment. Please check the relationship between Galapagos Intangible Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galapagos NV ADR Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Galapagos' Intangible Assets and Net Receivables is 0.37. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Galapagos NV ADR, assuming nothing else is changed. The correlation between historical values of Galapagos' Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Galapagos NV ADR are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Galapagos' Intangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Receivables

Most indicators from Galapagos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galapagos NV ADR 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Galapagos' Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Galapagos' current Enterprise Value Multiple is estimated to increase to 41.08, while Issuance Of Capital Stock is projected to decrease to roughly 3.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense7.0M1.7M911K865.5K
Depreciation And Amortization29.9M43.6M35.4M37.2M

Galapagos fundamental ratios Correlations

0.350.950.970.87-0.55-0.570.940.560.690.960.820.790.830.930.550.940.740.960.690.810.890.840.190.40.95
0.350.080.530.510.320.110.12-0.320.860.120.010.230.230.050.620.060.570.130.770.290.080.680.630.980.57
0.950.080.860.8-0.68-0.70.990.680.50.980.90.820.860.960.40.970.630.980.520.820.920.690.040.140.84
0.970.530.860.91-0.42-0.540.880.420.820.880.70.80.850.80.690.820.820.880.80.840.760.90.330.571.0
0.870.510.80.91-0.22-0.650.810.230.870.770.680.70.770.720.820.740.960.780.90.740.730.90.530.550.92
-0.550.32-0.68-0.42-0.220.51-0.63-1.00.1-0.67-0.74-0.54-0.56-0.680.28-0.68-0.04-0.660.15-0.52-0.64-0.170.650.28-0.38
-0.570.11-0.7-0.54-0.650.51-0.69-0.51-0.32-0.61-0.66-0.65-0.73-0.54-0.36-0.58-0.59-0.61-0.4-0.64-0.58-0.41-0.040.06-0.56
0.940.120.990.880.81-0.63-0.690.630.540.970.880.850.890.930.460.950.650.980.560.850.880.730.080.190.86
0.56-0.320.680.420.23-1.0-0.510.63-0.090.680.740.540.570.68-0.280.690.040.67-0.140.520.650.18-0.64-0.280.39
0.690.860.50.820.870.1-0.320.54-0.090.50.380.550.580.420.860.440.880.510.980.610.430.910.710.880.85
0.960.120.980.880.77-0.67-0.610.970.680.50.840.820.840.980.40.980.611.00.510.820.920.690.030.170.85
0.820.010.90.70.68-0.74-0.660.880.740.380.840.650.710.870.190.880.480.850.370.660.870.63-0.10.090.69
0.790.230.820.80.7-0.54-0.650.850.540.550.820.650.980.70.470.730.610.820.531.00.590.690.050.270.79
0.830.230.860.850.77-0.56-0.730.890.570.580.840.710.980.730.530.760.680.850.580.990.640.730.080.270.84
0.930.050.960.80.72-0.68-0.540.930.680.420.980.870.70.730.291.00.530.970.440.710.960.64-0.020.10.78
0.550.620.40.690.820.28-0.360.46-0.280.860.40.190.470.530.290.310.90.410.920.520.280.760.810.650.71
0.940.060.970.820.74-0.68-0.580.950.690.440.980.880.730.761.00.310.550.980.450.730.960.66-0.010.110.79
0.740.570.630.820.96-0.04-0.590.650.040.880.610.480.610.680.530.90.550.620.920.650.570.840.640.590.84
0.960.130.980.880.78-0.66-0.610.980.670.511.00.850.820.850.970.410.980.620.520.820.920.70.040.180.86
0.690.770.520.80.90.15-0.40.56-0.140.980.510.370.530.580.440.920.450.920.520.590.450.890.770.80.84
0.810.290.820.840.74-0.52-0.640.850.520.610.820.661.00.990.710.520.730.650.820.590.60.740.10.330.83
0.890.080.920.760.73-0.64-0.580.880.650.430.920.870.590.640.960.280.960.570.920.450.60.610.010.130.75
0.840.680.690.90.9-0.17-0.410.730.180.910.690.630.690.730.640.760.660.840.70.890.740.610.470.750.91
0.190.630.040.330.530.65-0.040.08-0.640.710.03-0.10.050.08-0.020.81-0.010.640.040.770.10.010.470.60.37
0.40.980.140.570.550.280.060.19-0.280.880.170.090.270.270.10.650.110.590.180.80.330.130.750.60.61
0.950.570.841.00.92-0.38-0.560.860.390.850.850.690.790.840.780.710.790.840.860.840.830.750.910.370.61
Click cells to compare fundamentals

Galapagos Account Relationship Matchups

Galapagos fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.7B5.2B4.7B4.4B4.1B4.3B
Other Current Liab13.2M3.3M15.4M32.6M233.6M245.3M
Total Current Liabilities635.3M566.5M522.5M428.2M335.1M216.5M
Total Stockholder Equity2.7B2.6B2.5B2.8B2.9B3.0B
Property Plant And Equipment Net103.4M137.5M154.3M126.3M122.9M129.0M
Net Debt(2.1B)(2.2B)(486.2M)(157.2M)(52.5M)(55.1M)
Retained Earnings(334.7M)(367.2M)(496.7M)(228.3M)(134.3M)(141.0M)
Accounts Payable171.3M134.3M133.3M134.7M97.8M62.3M
Cash2.1B2.2B508.1M166.8M64.2M61.0M
Non Current Assets Total348.4M331.3M497.5M495.8M796.3M836.1M
Cash And Short Term Investments5.2B4.7B4.1B3.7B3.1B1.6B
Net Receivables173.4M128.6M77.3M65.7M47.5M51.1M
Common Stock Shares Outstanding65.1M65.5M65.7M65.9M66.1M41.7M
Liabilities And Stockholders Equity5.7B5.2B4.7B4.4B4.1B4.3B
Non Current Liabilities Total2.4B2.0B1.7B1.1B903.7M584.5M
Inventory355K20.6M52.9M74.0M51.2M53.8M
Total Liab3.0B2.5B2.2B1.6B1.2B801.1M
Property Plant And Equipment Gross68.3M188.8M215.4M177.6M176.0M184.7M
Total Current Assets5.4B4.9B4.2B3.9B3.3B1.7B
Intangible Assets67.6M60.1M146.4M127.9M164.9M173.1M
Common Stock291.3M292.1M293.6M293.9M338.0M204.6M
Short Long Term Debt Total29.4M26.9M21.9M9.6M11.7M8.4M
Non Currrent Assets Other164.0M129.7M125.7M157.3M185.4M194.6M
Other Current Assets34.1M9.5M12.5M37.5M123.3M129.5M
Other Stockholder Equity2.7B2.7B2.7B2.7B3.1B3.3B
Accumulated Other Comprehensive Income(14.1M)(11.9M)(6.4M)(7.1M)314K298.3K
Short Term Debt6.4M7.2M7.2M4.7M3.5M2.6M
Current Deferred Revenue443.2M419.9M365.6M256.3M294.7M150.4M
Other Assets115.3M181.8M145.5M(14.6M)(16.8M)(16.0M)
Other Liab2.6B2.4B2.0B1.7B1.9B987.1M
Net Tangible Assets1.2B2.9B2.6B2.6B3.0B3.1B
Property Plant Equipment66.1M103.4M137.5M154.3M177.4M186.3M
Short Term Investments3.0B2.5B3.6B3.5B3.1B2.9B
Deferred Long Term Liab0.014.9M13.3M11.8M10.6M10.1M
Long Term Investments11.3M9.0M0.013.6M253.1M240.5M

Currently Active Assets on Macroaxis

When determining whether Galapagos NV ADR is a strong investment it is important to analyze Galapagos' 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 Galapagos' future performance. For an informed investment choice regarding Galapagos Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 Galapagos. If investors know Galapagos 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 Galapagos 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
0.748
Earnings Share
(5.11)
Revenue Per Share
0.2091
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.05)
The market value of Galapagos NV ADR is measured differently than its book value, which is the value of Galapagos that is recorded on the company's balance sheet. Investors also form their own opinion of Galapagos' value that differs from its market value or its book value, called intrinsic value, which is Galapagos' 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 Galapagos' market value can be influenced by many factors that don't directly affect Galapagos' 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 Galapagos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galapagos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galapagos' 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.