Galapagos Average Equity vs Free Cash Flow Analysis

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GLPG -- USA Stock  

Earning Report: April 3, 2020  

Galapagos financial indicator trend analysis is much more than just examining Galapagos NV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galapagos NV is a good investment. Please check the relationship between Galapagos Average Equity and its Free Cash Flow accounts. Plese check Risk vs Return Analysis.

Average Equity vs Free Cash Flow

Accounts Relationship

Average Equity vs Free Cash Flow

Significance: Strong Contrarian Relationship

Average Equity diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Galapagos NV Average Equity account and Free Cash Flow

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus [CapEx].