Vertex Long Term Debt vs Other Stockholder Equity Analysis

VRTX Stock  USD 501.72  15.02  2.91%   
Vertex Pharmaceuticals financial indicator trend analysis is much more than just breaking down Vertex Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertex Pharmaceuticals is a good investment. Please check the relationship between Vertex Pharmaceuticals Long Term Debt and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals guide.

Long Term Debt vs Other Stockholder Equity

Long Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertex Pharmaceuticals Long Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vertex Pharmaceuticals' Long Term Debt and Other Stockholder Equity is 0.41. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Vertex Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Vertex Pharmaceuticals' Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Vertex Pharmaceuticals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Vertex Pharmaceuticals' Long Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Vertex Pharmaceuticals has held for over one year. Long-term debt appears on Vertex Pharmaceuticals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Vertex Pharmaceuticals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Stockholder Equity

Most indicators from Vertex Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertex Pharmaceuticals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals guide.At this time, Vertex Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 798.2 M in 2024, whereas Discontinued Operations is likely to drop (861.8 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.7B7.9B8.6B9.0B
Total Revenue7.6B8.9B9.8B10.3B

Vertex Pharmaceuticals fundamental ratios Correlations

0.290.960.981.00.88-0.980.940.990.990.890.990.210.580.450.590.991.0-0.060.980.940.990.360.370.860.04
0.290.260.310.260.52-0.170.050.230.330.110.260.620.690.260.650.420.270.410.380.340.240.710.710.150.6
0.960.260.990.960.81-0.920.940.930.960.820.940.110.470.540.480.940.95-0.160.950.890.940.280.290.770.04
0.980.310.990.980.84-0.940.940.950.980.840.960.170.510.570.540.970.97-0.090.970.910.970.330.340.820.03
1.00.260.960.980.88-0.980.950.990.990.890.990.180.550.440.570.981.0-0.080.970.940.990.340.350.870.01
0.880.520.810.840.88-0.830.720.860.880.760.880.460.790.20.80.910.88-0.070.860.910.860.610.610.750.26
-0.98-0.17-0.92-0.94-0.98-0.83-0.94-1.0-0.94-0.96-0.99-0.2-0.55-0.38-0.54-0.96-0.990.06-0.95-0.94-0.99-0.33-0.34-0.840.0
0.940.050.940.940.950.72-0.940.940.930.840.93-0.10.340.470.290.890.94-0.120.930.880.930.060.070.79-0.14
0.990.230.930.950.990.86-1.00.940.960.951.00.210.580.390.570.971.0-0.050.960.950.990.350.360.840.02
0.990.330.960.980.990.88-0.940.930.960.830.960.190.540.490.590.980.97-0.060.960.910.970.360.370.880.04
0.890.110.820.840.890.76-0.960.840.950.830.940.270.580.250.540.880.92-0.040.860.90.940.350.360.750.03
0.990.260.940.960.990.88-0.990.931.00.960.940.230.60.40.590.981.0-0.070.970.950.990.370.380.850.04
0.210.620.110.170.180.46-0.2-0.10.210.190.270.230.65-0.010.820.30.220.180.20.270.230.970.970.230.6
0.580.690.470.510.550.79-0.550.340.580.540.580.60.65-0.110.790.670.590.10.610.660.570.720.730.390.53
0.450.260.540.570.440.2-0.380.470.390.490.250.4-0.01-0.110.130.460.430.270.470.290.430.10.10.33-0.2
0.590.650.480.540.570.8-0.540.290.570.590.540.590.820.790.130.660.580.070.550.580.590.870.880.590.41
0.990.420.940.970.980.91-0.960.890.970.980.880.980.30.670.460.660.990.010.980.940.980.460.470.830.12
1.00.270.950.971.00.88-0.990.941.00.970.921.00.220.590.430.580.99-0.060.980.950.990.360.370.850.03
-0.060.41-0.16-0.09-0.08-0.070.06-0.12-0.05-0.06-0.04-0.070.180.10.270.070.01-0.06-0.02-0.04-0.040.180.18-0.18-0.15
0.980.380.950.970.970.86-0.950.930.960.960.860.970.20.610.470.550.980.98-0.020.940.960.370.380.810.1
0.940.340.890.910.940.91-0.940.880.950.910.90.950.270.660.290.580.940.95-0.040.940.950.40.410.780.11
0.990.240.940.970.990.86-0.990.930.990.970.940.990.230.570.430.590.980.99-0.040.960.950.360.370.860.02
0.360.710.280.330.340.61-0.330.060.350.360.350.370.970.720.10.870.460.360.180.370.40.361.00.340.61
0.370.710.290.340.350.61-0.340.070.360.370.360.380.970.730.10.880.470.370.180.380.410.371.00.350.6
0.860.150.770.820.870.75-0.840.790.840.880.750.850.230.390.330.590.830.85-0.180.810.780.860.340.350.01
0.040.60.040.030.010.260.0-0.140.020.040.030.040.60.53-0.20.410.120.03-0.150.10.110.020.610.60.01
Click cells to compare fundamentals

Vertex Pharmaceuticals Account Relationship Matchups

Vertex Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B11.8B13.4B18.2B22.7B23.9B
Short Long Term Debt Total577.4M581.5M556.7M561M808.4M848.8M
Other Current Liab1.0B1.2B1.5B1.9B2.9B3.1B
Total Current Liabilities1.2B1.6B1.9B2.4B3.5B3.7B
Total Stockholder Equity6.1B8.7B10.1B13.9B17.6B18.5B
Property Plant And Equipment Net745.1M958.5M1.1B1.1B1.5B1.5B
Net Debt(2.5B)(5.4B)(6.2B)(9.9B)(9.6B)(9.1B)
Retained Earnings(1.9B)858.7M3.2B6.5B10.1B10.6B
Cash3.1B6.0B6.8B10.5B10.4B10.9B
Non Current Assets Total3.7B3.9B4.4B5.5B8.6B9.0B
Non Currrent Assets Other326.9M662.5M901.1M1.3B796.7M836.5M
Cash And Short Term Investments3.8B6.7B7.5B10.8B11.2B11.8B
Common Stock Shares Outstanding260.7M263.4M259.9M259.1M260.5M153.1M
Liabilities And Stockholders Equity8.3B11.8B13.4B18.2B22.7B23.9B
Non Current Liabilities Total1.0B1.5B1.5B1.8B1.6B1.7B
Other Current Assets213.5M308.4M187.2M74.4M620.5M651.5M
Other Stockholder Equity7.9B7.9B6.9B7.4B7.4B7.8B
Total Liab2.2B3.1B3.3B4.2B5.1B5.4B
Total Current Assets4.6B7.8B9.0B12.7B14.1B14.9B
Short Term Debt30.3M42.4M46.9M89.4M83.7M51.0M
Accounts Payable87.6M155.1M195M303.9M364.9M383.1M
Property Plant And Equipment Gross745.1M958.5M2.3B2.5B2.6B2.8B
Accumulated Other Comprehensive Income(2.0M)(68.5M)15.9M800K(14.3M)(13.6M)
Net Receivables633.5M885.4M1.1B1.4B1.6B1.6B
Common Stock Total Equity2.6M2.6M2.5M2.6M3.0M1.9M
Common Stock2.6M2.6M2.5M2.6M3.0M2.0M
Other Assets1.2B587.0M986.9M1.4B1.6B1.7B
Short Term Investments699.0M670.7M729.9M274.5M849.2M579.6M
Property Plant Equipment833.3M958.5M1.1B1.5B1.7B1.8B
Other Liab275.5M923.4M902.2M685.8M788.7M828.1M
Current Deferred Revenue62.3M191.5M171.7M159.6M170.3M118.8M
Inventory167.5M280.8M353.1M460.6M738.8M775.7M
Net Tangible Assets4.7B7.3B8.7B12.2B14.1B14.8B
Retained Earnings Total Equity(1.9B)858.7M3.2B6.5B7.5B7.9B
Long Term Debt Total583.9M581.6M538.6M539.0M619.9M632.6M

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