Galapagos Free Cash Flow vs Tangible Asset Value 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 Free Cash Flow and its Tangible Asset Value accounts. Plese check Risk vs Return Analysis.

Free Cash Flow vs Tangible Asset Value

Accounts Relationship

Free Cash Flow vs Tangible Asset Value

Significance: Significant Contrarian Relationship

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

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow

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

Tangible Asset Value

The value of tangibles assets calculated as the difference between [Assets] and [Intangibles].