Galapagos Earnings before Tax vs Free Cash Flow Analysis

<div class='circular--portrait' style='background:#FCD202;color: white;font-size:4em;padding-top: 15px;;'>GA</div>
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 Earnings before Tax and its Free Cash Flow accounts. Plese check Risk vs Return Analysis.

Earnings before Tax vs Free Cash Flow

Accounts Relationship

Earnings before Tax vs Free Cash Flow

Significance: Strong Relationship

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

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

Free Cash Flow

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