Galapagos Total Debt vs Total Assets Analysis

GLPG -- USA Stock  

Quarterly Earning Report: October 25, 2019  

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 Total Debt and its Total Assets accounts. Please also check Risk vs Return Analysis.

Total Debt vs Total Assets

Accounts Relationship

Total Debt vs Total Assets

Significance: Pay attention

Total Debt diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Galapagos NV Total Debt account and Total Assets

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Debt

Total Debt of Galapagos NV is a combination of both Galapagos short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Galapagos NV includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of [Liabilities] representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; and convertible notes.

Total Assets

Total assets refers to the total amount of Galapagos assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Galapagos NV books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are [CashnEq]; [Investments];[Intangibles]; [PPNENet];[TaxAssets] and [Receivables].
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