Sarepta Other Operating Expenses vs Operating Income Analysis

SRPT Stock  USD 130.83  0.55  0.42%   
Sarepta Therapeutics financial indicator trend analysis is much more than just breaking down Sarepta Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sarepta Therapeutics is a good investment. Please check the relationship between Sarepta Therapeutics Other Operating Expenses and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sarepta Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Sarepta Stock please use our How to Invest in Sarepta Therapeutics guide.

Other Operating Expenses vs Operating Income

Other Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sarepta Therapeutics Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Sarepta Therapeutics' Other Operating Expenses and Operating Income is -0.74. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sarepta Therapeutics, assuming nothing else is changed. The correlation between historical values of Sarepta Therapeutics' Other Operating Expenses and Operating Income 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 Operating Expenses of Sarepta Therapeutics are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Sarepta Therapeutics' Other Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sarepta Therapeutics. It is also known as Sarepta Therapeutics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Sarepta Therapeutics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sarepta Therapeutics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Sarepta Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sarepta Therapeutics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sarepta Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Sarepta Stock please use our How to Invest in Sarepta Therapeutics guide.At this time, Sarepta Therapeutics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 30.6 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (35.04).
 2023 2024 (projected)
Non Recurring199.2M209.2M
Interest Income67.7M71.0M

Sarepta Therapeutics fundamental ratios Correlations

0.670.960.790.960.34-0.970.90.690.980.810.98-0.30.940.750.980.980.931.00.78-0.30.980.570.630.970.86
0.670.810.310.710.8-0.780.740.10.730.840.58-0.20.670.810.740.720.780.650.6-0.20.690.550.190.780.82
0.960.810.630.970.53-0.990.950.520.990.90.89-0.270.890.80.970.980.990.940.79-0.270.960.630.510.990.95
0.790.310.630.70.11-0.710.630.580.710.510.81-0.380.840.610.80.640.630.80.76-0.380.640.60.40.690.57
0.960.710.970.70.48-0.970.980.540.990.820.89-0.260.90.780.970.960.980.950.85-0.260.940.660.490.990.94
0.340.80.530.110.48-0.50.58-0.420.450.70.2-0.010.370.820.460.390.560.310.56-0.010.340.74-0.310.530.69
-0.97-0.78-0.99-0.71-0.97-0.5-0.95-0.56-0.99-0.88-0.910.33-0.94-0.81-0.99-0.97-0.97-0.96-0.820.33-0.95-0.63-0.51-0.99-0.93
0.90.740.950.630.980.58-0.950.40.960.820.8-0.260.860.810.940.910.970.880.87-0.260.880.720.350.970.96
0.690.10.520.580.54-0.42-0.560.40.590.260.79-0.240.590.070.560.670.470.710.24-0.240.7-0.10.90.530.29
0.980.730.990.710.990.45-0.990.960.590.850.92-0.260.910.760.980.980.980.960.81-0.260.970.620.550.990.93
0.810.840.90.510.820.7-0.880.820.260.850.73-0.190.760.870.850.840.90.790.72-0.190.810.730.270.890.92
0.980.580.890.810.890.2-0.910.80.790.920.73-0.320.920.660.930.950.850.990.68-0.320.960.450.730.90.75
-0.3-0.2-0.27-0.38-0.26-0.010.33-0.26-0.24-0.26-0.19-0.32-0.53-0.24-0.36-0.24-0.23-0.31-0.351.0-0.23-0.16-0.17-0.27-0.19
0.940.670.890.840.90.37-0.940.860.590.910.760.92-0.530.770.970.880.870.940.81-0.530.870.590.530.920.8
0.750.810.80.610.780.82-0.810.810.070.760.870.66-0.240.770.820.720.80.740.79-0.240.690.850.10.820.85
0.980.740.970.80.970.46-0.990.940.560.980.850.93-0.360.970.820.950.960.970.86-0.360.930.680.490.980.92
0.980.720.980.640.960.39-0.970.910.670.980.840.95-0.240.880.720.950.950.970.71-0.241.00.510.650.970.88
0.930.780.990.630.980.56-0.970.970.470.980.90.85-0.230.870.80.960.950.920.85-0.230.930.710.40.990.98
1.00.650.940.80.950.31-0.960.880.710.960.790.99-0.310.940.740.970.970.920.76-0.310.970.550.650.950.84
0.780.60.790.760.850.56-0.820.870.240.810.720.68-0.350.810.790.860.710.850.76-0.350.680.890.040.820.88
-0.3-0.2-0.27-0.38-0.26-0.010.33-0.26-0.24-0.26-0.19-0.321.0-0.53-0.24-0.36-0.24-0.23-0.31-0.35-0.23-0.16-0.17-0.27-0.19
0.980.690.960.640.940.34-0.950.880.70.970.810.96-0.230.870.690.931.00.930.970.68-0.230.470.690.960.85
0.570.550.630.60.660.74-0.630.72-0.10.620.730.45-0.160.590.850.680.510.710.550.89-0.160.47-0.240.660.8
0.630.190.510.40.49-0.31-0.510.350.90.550.270.73-0.170.530.10.490.650.40.650.04-0.170.69-0.240.50.22
0.970.780.990.690.990.53-0.990.970.530.990.890.9-0.270.920.820.980.970.990.950.82-0.270.960.660.50.94
0.860.820.950.570.940.69-0.930.960.290.930.920.75-0.190.80.850.920.880.980.840.88-0.190.850.80.220.94
Click cells to compare fundamentals

Sarepta Therapeutics Account Relationship Matchups

Sarepta Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B3.0B3.1B3.1B3.3B3.4B
Other Current Liab196.7M22.1M15.1M419.0M315.0M330.7M
Total Current Liabilities264.8M416.0M452.7M619.6M653.7M686.3M
Total Stockholder Equity818.2M761.8M928.0M385.0M859.3M902.3M
Property Plant And Equipment Net167.6M282.2M236.7M245.0M357.1M375.0M
Net Debt(105.5M)(429.8M)(977.5M)650.6M968.4M1.0B
Retained Earnings(2.3B)(2.8B)(3.2B)(3.9B)(4.4B)(4.2B)
Accounts Payable68.1M111.1M76.7M95.9M164.9M173.2M
Cash835.1M1.5B2.1B966.8M428.4M298.4M
Non Current Assets Total353.9M499.5M543.9M570.5M685.2M719.5M
Non Currrent Assets Other11.8M13.0M143.3M286.6M276.4M290.2M
Cash And Short Term Investments1.1B1.9B2.1B2.0B1.7B1.8B
Common Stock Total Equity6K7K8K9K8.1K7.7K
Common Stock Shares Outstanding73.6M78.0M81.3M87.6M92.4M97.0M
Short Term Investments803.1M289.7M435.9M1.0B1.2B1.3B
Liabilities And Stockholders Equity1.8B3.0B3.1B3.1B3.3B3.4B
Other Stockholder Equity3.1B3.6B4.1B4.3B5.3B5.6B
Total Liab1.0B2.2B2.2B2.7B2.4B2.5B
Property Plant And Equipment Gross167.6M282.2M349.3M393.9M548.1M575.5M
Total Current Assets1.5B2.5B2.6B2.6B2.6B2.7B
Accumulated Other Comprehensive Income50K3K(20K)(1.7M)918K963.9K
Intangible Assets12.5M13.6M14.2M7.6M29.6M31.1M
Common Stock6K7K8K9K8.1K7.7K
Non Current Liabilities Total739.9M1.8B1.8B2.1B1.8B1.8B
Other Current Assets5.2M4.1M6.1M7.7M140.5M147.5M
Other Assets141.9M295.5M292.9M286.6M1.00.95
Property Plant Equipment129.6M190.4M191.2M245.0M281.7M295.8M
Net Receivables93.9M138.6M171.6M259.7M439.7M461.7M
Short Long Term Debt Total729.6M1.1B1.1B1.6B1.4B1.5B
Other Liab10.2M734.1M628.8M521.9M600.2M630.2M
Long Term Debt681.9M992.5M1.1B1.5B1.1B1.2B
Short Term Debt7.8M193.6M271.7M15.5M123.3M129.5M
Net Tangible Assets805.7M748.1M913.8M377.4M434.0M530.3M
Retained Earnings Total Equity(1.6B)(2.3B)(2.8B)(3.2B)(2.9B)(2.7B)
Long Term Debt Total420.6M681.9M992.5M1.1B1.3B1.3B
Capital Surpluse2.6B3.1B3.6B4.1B4.8B5.0B
Inventory171.4M232.0M186.2M204.0M322.9M339.0M

Pair Trading with Sarepta Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sarepta Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sarepta Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Sarepta Stock

  0.46EXEL ExelixisPairCorr
The ability to find closely correlated positions to Sarepta Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sarepta Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sarepta Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sarepta Therapeutics to buy it.
The correlation of Sarepta Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sarepta Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sarepta Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sarepta Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sarepta Therapeutics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sarepta Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sarepta Therapeutics Stock. Highlighted below are key reports to facilitate an investment decision about Sarepta Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sarepta Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Sarepta Stock please use our How to Invest in Sarepta Therapeutics guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Sarepta Therapeutics' 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 Sarepta Therapeutics. If investors know Sarepta 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 Sarepta Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.43
Revenue Per Share
14.953
Quarterly Revenue Growth
0.631
Return On Assets
(0.02)
Return On Equity
0.0202
The market value of Sarepta Therapeutics is measured differently than its book value, which is the value of Sarepta that is recorded on the company's balance sheet. Investors also form their own opinion of Sarepta Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sarepta Therapeutics' 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 Sarepta Therapeutics' market value can be influenced by many factors that don't directly affect Sarepta Therapeutics' 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 Sarepta Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sarepta Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sarepta Therapeutics' 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.