Revolution Other Operating Expenses vs Ebit Analysis

RVMD Stock  USD 45.42  0.76  1.65%   
Revolution Medicines financial indicator trend analysis is much more than just breaking down Revolution Medicines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Revolution Medicines is a good investment. Please check the relationship between Revolution Medicines Other Operating Expenses and its Ebit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revolution Medicines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Revolution Stock refer to our How to Trade Revolution Stock guide.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Revolution Medicines Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Revolution Medicines' Other Operating Expenses and Ebit is -0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Revolution Medicines, assuming nothing else is changed. The correlation between historical values of Revolution Medicines' Other Operating Expenses and Ebit 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 Revolution Medicines are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Revolution Medicines' Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Revolution Medicines. It is also known as Revolution Medicines 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.

Ebit

Most indicators from Revolution Medicines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Revolution Medicines 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revolution Medicines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Revolution Stock refer to our How to Trade Revolution Stock guide.At present, Revolution Medicines' Sales General And Administrative To Revenue is projected to slightly grow based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income929K9.2M47.5M49.9M
Net Interest Income917K9.2M47.2M49.5M

Revolution Medicines fundamental ratios Correlations

0.880.971.00.010.880.95-0.96-0.980.990.980.820.110.021.00.870.790.91.00.970.980.990.951.00.081.0
0.880.950.88-0.070.640.73-0.94-0.860.930.930.560.33-0.150.890.680.460.630.90.940.820.860.740.89-0.010.88
0.970.950.970.090.790.87-0.96-0.950.980.970.770.150.00.970.830.690.810.980.970.950.950.870.970.10.97
1.00.880.97-0.010.880.95-0.96-0.980.990.980.80.120.01.00.860.780.891.00.970.980.990.951.00.081.0
0.01-0.070.09-0.01-0.12-0.020.030.03-0.03-0.040.36-0.230.26-0.030.080.290.01-0.01-0.070.16-0.02-0.03-0.030.18-0.04
0.880.640.790.88-0.120.97-0.75-0.910.820.80.83-0.250.270.880.870.830.990.880.830.880.910.970.870.240.88
0.950.730.870.95-0.020.97-0.84-0.970.90.880.88-0.130.240.940.90.880.980.940.90.950.961.00.940.090.94
-0.96-0.94-0.96-0.960.03-0.75-0.840.92-0.98-1.0-0.67-0.360.21-0.97-0.76-0.65-0.75-0.97-0.97-0.92-0.96-0.84-0.970.0-0.97
-0.98-0.86-0.95-0.980.03-0.91-0.970.92-0.97-0.95-0.84-0.02-0.15-0.98-0.9-0.81-0.92-0.98-0.97-0.97-0.98-0.98-0.98-0.02-0.98
0.990.930.980.99-0.030.820.9-0.98-0.970.990.750.22-0.060.990.820.710.830.990.980.960.980.90.990.020.99
0.980.930.970.98-0.040.80.88-1.0-0.950.990.710.3-0.150.990.780.690.80.980.980.940.980.880.990.010.99
0.820.560.770.80.360.830.88-0.67-0.840.750.71-0.350.450.790.940.960.90.80.720.890.80.870.790.220.79
0.110.330.150.12-0.23-0.25-0.13-0.36-0.020.220.3-0.35-0.880.15-0.25-0.26-0.290.120.220.020.11-0.120.15-0.480.15
0.02-0.150.00.00.260.270.240.21-0.15-0.06-0.150.45-0.88-0.020.350.340.330.01-0.030.12-0.010.24-0.020.08-0.02
1.00.890.971.0-0.030.880.94-0.97-0.980.990.990.790.15-0.020.850.770.881.00.980.970.990.941.00.071.0
0.870.680.830.860.080.870.9-0.76-0.90.820.780.94-0.250.350.850.890.90.860.80.890.850.90.850.20.85
0.790.460.690.780.290.830.88-0.65-0.810.710.690.96-0.260.340.770.890.890.760.680.860.790.870.770.120.77
0.90.630.810.890.010.990.98-0.75-0.920.830.80.9-0.290.330.880.90.890.880.820.910.910.980.880.230.89
1.00.90.981.0-0.010.880.94-0.97-0.980.990.980.80.120.011.00.860.760.880.980.980.990.941.00.091.0
0.970.940.970.97-0.070.830.9-0.97-0.970.980.980.720.22-0.030.980.80.680.820.980.940.970.910.98-0.060.97
0.980.820.950.980.160.880.95-0.92-0.970.960.940.890.020.120.970.890.860.910.980.940.970.950.980.10.97
0.990.860.950.99-0.020.910.96-0.96-0.980.980.980.80.11-0.010.990.850.790.910.990.970.970.950.990.10.99
0.950.740.870.95-0.030.971.0-0.84-0.980.90.880.87-0.120.240.940.90.870.980.940.910.950.950.940.050.94
1.00.890.971.0-0.030.870.94-0.97-0.980.990.990.790.15-0.021.00.850.770.881.00.980.980.990.940.071.0
0.08-0.010.10.080.180.240.090.0-0.020.020.010.22-0.480.080.070.20.120.230.09-0.060.10.10.050.070.07
1.00.880.971.0-0.040.880.94-0.97-0.980.990.990.790.15-0.021.00.850.770.891.00.970.970.990.941.00.07
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Revolution Medicines Account Relationship Matchups

Revolution Medicines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets220.5M567.4M738.0M811.9M2.1B2.2B
Other Current Liab14.4M10.3M(20.3M)29.4M74.7M78.4M
Total Current Liabilities43.1M47.2M18.9M62.0M143.9M151.0M
Total Stockholder Equity152.5M474.7M602.6M685.2M1.8B1.9B
Other Liab24.9M16.6M14.7M7.3M6.6M6.3M
Net Tangible Assets(229.2M)399.1M528.1M611.8M703.5M738.7M
Property Plant And Equipment Net7.1M36.3M71.2M73.7M100.0M105.0M
Net Debt(16.5M)(71.6M)(41.9M)(97.2M)(608.2M)(577.8M)
Retained Earnings(157.4M)(265.5M)(452.6M)(701.3M)(1.1B)(1.1B)
Accounts Payable11.4M12.6M14.1M21.3M61.8M64.9M
Cash16.7M104.3M108.5M161.4M696.1M731.0M
Non Current Assets Total86.5M113.3M160.9M151.7M209.3M127.7M
Non Currrent Assets Other(8.3M)(19.1M)(14.5M)(23.4M)7.0M7.4M
Other Assets2.8M1.4M2.5M4.6M1.00.95
Cash And Short Term Investments122.8M440.7M577.1M644.9M1.9B1.9B
Common Stock Shares Outstanding59.0M66.6M72.8M80.6M113.1M73.1M
Liabilities And Stockholders Equity220.5M567.4M738.0M811.9M2.1B2.2B
Non Current Liabilities Total24.9M45.5M116.5M64.8M118.5M65.5M
Capital Surpluse1.3M4.7M740.1M1.1B1.2B1.3B
Capital Lease Obligations172K32.7M66.6M64.2M87.9M92.3M
Other Current Assets2.5M7.0M6.8M10.6M25.1M26.3M
Other Stockholder Equity4.7M172.7M317.6M1.4B3.0B3.1B
Total Liab68.0M92.7M135.4M126.7M262.4M275.5M
Net Invested Capital(152.6M)474.7M602.6M685.2M1.8B1.9B
Property Plant And Equipment Gross7.1M36.3M82.0M88.2M117.7M123.6M
Total Current Assets134.0M454.1M577.1M660.2M1.9B2.0B
Accumulated Other Comprehensive Income74K116K(376K)(1.8M)544K571.2K
Non Current Liabilities Other655K38.1M634K301K1.5M1.4M
Net Working Capital90.9M406.9M558.1M598.2M1.7B1.8B
Property Plant Equipment7.1M8.9M71.2M73.7M84.8M89.0M
Short Long Term Debt Total172K32.7M66.6M64.2M87.9M46.2M
Current Deferred Revenue17.1M20.6M18.9M4.5M4.0M3.8M
Net Receivables8.7M6.4M5.9M4.7M1.3M1.2M
Capital Stock305.1M7K8K9K16K15.2K
Short Term Debt172K3.7M6.2M6.8M7.4M4.5M
Intangible Assets62.0M60.9M59.9M58.8M57.7M48.3M

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Additional Information and Resources on Investing in Revolution Stock

When determining whether Revolution Medicines is a strong investment it is important to analyze Revolution Medicines' 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 Revolution Medicines' future performance. For an informed investment choice regarding Revolution Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revolution Medicines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Revolution Stock refer to our How to Trade Revolution Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Revolution Medicines. If investors know Revolution 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 Revolution Medicines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.72)
Revenue Per Share
0.005
Quarterly Revenue Growth
(0.95)
Return On Assets
(0.25)
Return On Equity
(0.41)
The market value of Revolution Medicines is measured differently than its book value, which is the value of Revolution that is recorded on the company's balance sheet. Investors also form their own opinion of Revolution Medicines' value that differs from its market value or its book value, called intrinsic value, which is Revolution Medicines' 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 Revolution Medicines' market value can be influenced by many factors that don't directly affect Revolution Medicines' 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 Revolution Medicines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Revolution Medicines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revolution Medicines' 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.