MorphoSys Other Current Liab vs Accounts Payable Analysis

MOR Stock  USD 18.39  0.03  0.16%   
MorphoSys financial indicator trend analysis is infinitely more than just investigating MorphoSys AG ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MorphoSys AG ADR is a good investment. Please check the relationship between MorphoSys Other Current Liab and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MorphoSys AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MorphoSys AG ADR Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between MorphoSys' Other Current Liab and Accounts Payable is 0.77. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MorphoSys AG ADR, assuming nothing else is changed. The correlation between historical values of MorphoSys' Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of MorphoSys AG ADR are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., MorphoSys' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents MorphoSys obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MorphoSys AG ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from MorphoSys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MorphoSys AG ADR 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MorphoSys AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, MorphoSys' Selling General Administrative is relatively stable compared to the past year. As of 06/01/2024, Sales General And Administrative To Revenue is likely to grow to 0.38, though Tax Provision is likely to grow to (1.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense181.5M116.5M109.9M115.4M
Depreciation And Amortization98.4M10.5M10.5M10.4M

MorphoSys fundamental ratios Correlations

0.980.99-0.240.820.7-0.890.820.760.97-0.030.930.710.660.98-0.230.90.980.950.940.920.750.590.090.760.88
0.980.99-0.360.780.75-0.920.770.760.970.040.90.640.570.98-0.20.870.980.940.890.930.670.51-0.030.820.92
0.990.99-0.30.780.76-0.920.790.740.97-0.010.920.70.630.98-0.220.90.990.930.920.930.730.540.040.820.92
-0.24-0.36-0.30.08-0.40.530.0-0.26-0.430.150.050.210.35-0.42-0.12-0.06-0.41-0.170.05-0.550.180.240.32-0.58-0.43
0.820.780.780.080.32-0.520.910.670.7-0.010.90.450.580.75-0.060.620.750.930.90.590.50.770.10.30.53
0.70.750.76-0.40.32-0.790.440.250.72-0.10.610.550.330.72-0.160.730.730.540.60.70.550.34-0.170.910.92
-0.89-0.92-0.920.53-0.52-0.79-0.57-0.7-0.95-0.07-0.72-0.67-0.54-0.930.24-0.88-0.93-0.78-0.72-0.96-0.69-0.250.09-0.92-0.93
0.820.770.790.00.910.44-0.570.490.750.020.850.490.580.770.10.640.770.890.840.630.530.87-0.030.370.56
0.760.760.74-0.260.670.25-0.70.490.750.00.660.530.550.76-0.210.640.760.760.70.760.570.120.220.530.6
0.970.970.97-0.430.70.72-0.950.750.75-0.020.830.650.570.99-0.20.860.990.890.840.980.690.470.020.830.89
-0.030.04-0.010.15-0.01-0.1-0.070.020.0-0.020.00.20.27-0.06-0.150.18-0.060.13-0.05-0.060.2-0.07-0.23-0.12-0.08
0.930.90.920.050.90.61-0.720.850.660.830.00.70.710.86-0.240.860.870.930.990.720.730.710.070.580.77
0.710.640.70.210.450.55-0.670.490.530.650.20.70.940.62-0.350.90.630.590.720.61.00.30.220.590.66
0.660.570.630.350.580.33-0.540.580.550.570.270.710.940.55-0.290.80.560.630.730.50.940.410.220.370.49
0.980.980.98-0.420.750.72-0.930.770.760.99-0.060.860.620.55-0.190.841.00.920.870.970.660.510.030.820.9
-0.23-0.2-0.22-0.12-0.06-0.160.240.1-0.21-0.2-0.15-0.24-0.35-0.29-0.19-0.35-0.19-0.15-0.25-0.2-0.340.02-0.37-0.18-0.22
0.90.870.9-0.060.620.73-0.880.640.640.860.180.860.90.80.84-0.350.850.80.850.810.910.420.050.770.86
0.980.980.99-0.410.750.73-0.930.770.760.99-0.060.870.630.561.0-0.190.850.920.880.970.670.510.030.820.9
0.950.940.93-0.170.930.54-0.780.890.760.890.130.930.590.630.92-0.150.80.920.930.820.630.660.030.580.75
0.940.890.920.050.90.6-0.720.840.70.84-0.050.990.720.730.87-0.250.850.880.930.740.750.690.190.590.77
0.920.930.93-0.550.590.7-0.960.630.760.98-0.060.720.60.50.97-0.20.810.970.820.740.640.330.020.860.88
0.750.670.730.180.50.55-0.690.530.570.690.20.731.00.940.66-0.340.910.670.630.750.640.330.230.60.68
0.590.510.540.240.770.34-0.250.870.120.47-0.070.710.30.410.510.020.420.510.660.690.330.330.060.120.32
0.09-0.030.040.320.1-0.170.09-0.030.220.02-0.230.070.220.220.03-0.370.050.030.030.190.020.230.06-0.08-0.06
0.760.820.82-0.580.30.91-0.920.370.530.83-0.120.580.590.370.82-0.180.770.820.580.590.860.60.12-0.080.96
0.880.920.92-0.430.530.92-0.930.560.60.89-0.080.770.660.490.9-0.220.860.90.750.770.880.680.32-0.060.96
Click cells to compare fundamentals

MorphoSys Account Relationship Matchups

MorphoSys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets496.4M1.7B2.6B2.4B2.0B2.1B
Other Current Liab46.8M146.9M206.9M230.2M202.4M212.5M
Total Current Liabilities61.6M200.5M284.5M278.3M264.3M277.5M
Total Stockholder Equity394.7M621.3M244.9M157.4M49.0M46.6M
Property Plant And Equipment Net4.7M50.7M49.6M51.0M15.0M11.8M
Net Debt(1.7M)208.4M202.5M(62.9M)477.4M501.3M
Retained Earnings(255.8M)(157.9M)(672.3M)(823.4M)(1.0B)(962.5M)
Accounts Payable10.7M47.6M73.8M38.6M28.4M14.7M
Cash44.3M109.8M123.2M402.4M158.5M166.4M
Non Current Assets Total192.7M452.7M1.4B1.3B1.2B1.3B
Non Currrent Assets Other44.1M1.6M4.1M8.7M1.2M1.2M
Cash And Short Term Investments272.5M1.1B993.7M907.2M682.8M716.9M
Common Stock Total Equity29.4M31.8M32.0M32.9M37.8M34.8M
Common Stock Shares Outstanding126.4M132.7M133.6M136.6M137.3M108.5M
Liabilities And Stockholders Equity496.4M1.7B2.6B2.4B2.0B2.1B
Non Current Liabilities Total40.2M837.7M2.0B2.0B1.7B1.8B
Other Current Assets(40.3K)10.0M15.9M(367.0)24.022.8
Other Stockholder Equity619.8M744.1M830.2M831.3M936.1M982.9M
Total Liab101.7M1.0B2.3B2.2B2.0B2.1B
Property Plant And Equipment Gross20.8M50.7M69.9M71.5M37.7M39.6M
Total Current Assets303.7M1.2B1.1B1.1B814.0M854.7M
Intangible Assets41.1M69.4M838.3M886.6M844.1M886.3M
Common Stock31.8M32.0M32.9M34.2M37.7M35.4M
Other Assets1.1M134.4M199.8M8.7M10.0M9.5M
Net Receivables20.3M89.8M85.8M112.4M42.7M83.8M
Inventory288.2K10.0M20.8M24.3M62.1M65.2M
Short Long Term Debt Total42.6M318.2M325.8M339.5M635.9M667.7M
Good Will3.7M1.6M335.6M356.2M342.3M359.4M
Accumulated Other Comprehensive Income(1.3M)2.2M52.8M115.3M88.4M92.9M
Current Deferred Revenue1.6M2.5M223.9K19.4M17.5M18.4M
Short Term Investments228.2M980.5M870.4M504.8M524.3M372.9M
Short Term Debt2.5M3.5M3.7M9.6M14.1M14.2M
Other Liab138.1K523.0M1.7B1.6B1.9B2.0B
Net Tangible Assets349.9M550.3M(929.0M)(1.1B)(976.9M)(928.0M)
Long Term Debt0.0272.8M282.8M291.6M613.1M643.7M
Long Term Investments96.0M99.0M196.6M5.4M3.6M3.4M
Property Plant Equipment47.8M50.7M49.6M51.0M58.6M61.6M
Capital Lease Obligations42.6M45.0M42.6M45.8M12.4M23.0M

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When determining whether MorphoSys AG ADR is a strong investment it is important to analyze MorphoSys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MorphoSys' future performance. For an informed investment choice regarding MorphoSys Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MorphoSys AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running MorphoSys' price analysis, check to measure MorphoSys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MorphoSys is operating at the current time. Most of MorphoSys' value examination focuses on studying past and present price action to predict the probability of MorphoSys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MorphoSys' price. Additionally, you may evaluate how the addition of MorphoSys to your portfolios can decrease your overall portfolio volatility.
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Is MorphoSys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MorphoSys. If investors know MorphoSys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MorphoSys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
(1.49)
Revenue Per Share
1.7163
Quarterly Revenue Growth
0.131
Return On Assets
(0.14)
The market value of MorphoSys AG ADR is measured differently than its book value, which is the value of MorphoSys that is recorded on the company's balance sheet. Investors also form their own opinion of MorphoSys' value that differs from its market value or its book value, called intrinsic value, which is MorphoSys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MorphoSys' market value can be influenced by many factors that don't directly affect MorphoSys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MorphoSys' value and its price as these two are different measures arrived at by different means. Investors typically determine if MorphoSys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MorphoSys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.