Vertex Sale Purchase Of Stock vs Depreciation Analysis

VRTX Stock  USD 437.49  8.90  2.08%   
Vertex Pharmaceuticals financial indicator trend analysis is much more than just breaking down Vertex Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertex Pharmaceuticals is a good investment. Please check the relationship between Vertex Pharmaceuticals Sale Purchase Of Stock and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals guide.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertex Pharmaceuticals Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Vertex Pharmaceuticals' Sale Purchase Of Stock and Depreciation is -0.61. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of Vertex Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Vertex Pharmaceuticals' Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Vertex Pharmaceuticals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., Vertex Pharmaceuticals' Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of Vertex Pharmaceuticals value has been used up. For tax purposes Vertex Pharmaceuticals can deduct the cost of the tangible assets it purchases as business expenses. However, Vertex Pharmaceuticals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Vertex Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertex Pharmaceuticals 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 Vertex Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals guide.At this time, Vertex Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 798.2 M in 2024, whereas Discontinued Operations is likely to drop (861.8 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.7B7.9B8.6B9.0B
Total Revenue7.6B8.9B9.8B10.3B

Vertex Pharmaceuticals fundamental ratios Correlations

0.370.960.981.00.88-0.980.940.990.990.890.990.210.580.450.590.991.0-0.060.980.940.990.360.370.860.04
0.370.310.350.340.64-0.250.130.320.410.20.340.60.80.080.70.490.350.30.440.430.320.70.70.240.65
0.960.310.990.960.81-0.920.940.930.960.820.940.110.470.540.480.940.95-0.160.950.890.940.280.290.770.04
0.980.350.990.980.84-0.940.940.950.980.840.960.170.510.570.540.970.97-0.090.970.910.970.330.340.820.03
1.00.340.960.980.88-0.980.950.990.990.890.990.180.550.440.570.981.0-0.080.970.940.990.340.350.870.01
0.880.640.810.840.88-0.830.720.860.880.760.880.460.790.20.80.910.88-0.070.860.910.860.610.610.750.26
-0.98-0.25-0.92-0.94-0.98-0.83-0.94-1.0-0.94-0.96-0.99-0.2-0.55-0.38-0.54-0.96-0.990.06-0.95-0.94-0.99-0.33-0.34-0.840.0
0.940.130.940.940.950.72-0.940.940.930.840.93-0.10.340.470.290.890.94-0.120.930.880.930.060.070.79-0.14
0.990.320.930.950.990.86-1.00.940.960.951.00.210.580.390.570.971.0-0.050.960.950.990.350.360.840.02
0.990.410.960.980.990.88-0.940.930.960.830.960.190.540.490.590.980.97-0.060.960.910.970.360.370.880.04
0.890.20.820.840.890.76-0.960.840.950.830.940.270.580.250.540.880.92-0.040.860.90.940.350.360.750.03
0.990.340.940.960.990.88-0.990.931.00.960.940.230.60.40.590.981.0-0.070.970.950.990.370.380.850.04
0.210.60.110.170.180.46-0.2-0.10.210.190.270.230.65-0.010.820.30.220.180.20.270.230.970.970.230.6
0.580.80.470.510.550.79-0.550.340.580.540.580.60.65-0.110.790.670.590.10.610.660.570.720.730.390.53
0.450.080.540.570.440.2-0.380.470.390.490.250.4-0.01-0.110.130.460.430.270.470.290.430.10.10.33-0.2
0.590.70.480.540.570.8-0.540.290.570.590.540.590.820.790.130.660.580.070.550.580.590.870.880.590.41
0.990.490.940.970.980.91-0.960.890.970.980.880.980.30.670.460.660.990.010.980.940.980.460.470.830.12
1.00.350.950.971.00.88-0.990.941.00.970.921.00.220.590.430.580.99-0.060.980.950.990.360.370.850.03
-0.060.3-0.16-0.09-0.08-0.070.06-0.12-0.05-0.06-0.04-0.070.180.10.270.070.01-0.06-0.02-0.04-0.040.180.18-0.18-0.15
0.980.440.950.970.970.86-0.950.930.960.960.860.970.20.610.470.550.980.98-0.020.940.960.370.380.810.1
0.940.430.890.910.940.91-0.940.880.950.910.90.950.270.660.290.580.940.95-0.040.940.950.40.410.780.11
0.990.320.940.970.990.86-0.990.930.990.970.940.990.230.570.430.590.980.99-0.040.960.950.360.370.860.02
0.360.70.280.330.340.61-0.330.060.350.360.350.370.970.720.10.870.460.360.180.370.40.361.00.340.61
0.370.70.290.340.350.61-0.340.070.360.370.360.380.970.730.10.880.470.370.180.380.410.371.00.350.6
0.860.240.770.820.870.75-0.840.790.840.880.750.850.230.390.330.590.830.85-0.180.810.780.860.340.350.01
0.040.650.040.030.010.260.0-0.140.020.040.030.040.60.53-0.20.410.120.03-0.150.10.110.020.610.60.01
Click cells to compare fundamentals

Vertex Pharmaceuticals Account Relationship Matchups

Vertex Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B11.8B13.4B18.2B22.7B23.9B
Short Long Term Debt Total577.4M581.5M556.7M561M808.4M848.8M
Other Current Liab1.0B1.2B1.5B1.9B2.9B3.1B
Total Current Liabilities1.2B1.6B1.9B2.4B3.5B3.7B
Total Stockholder Equity6.1B8.7B10.1B13.9B17.6B18.5B
Property Plant And Equipment Net745.1M958.5M1.1B1.1B1.5B1.5B
Net Debt(2.5B)(5.4B)(6.2B)(9.9B)(9.6B)(9.1B)
Retained Earnings(1.9B)858.7M3.2B6.5B10.1B10.6B
Cash3.1B6.0B6.8B10.5B10.4B10.9B
Non Current Assets Total3.7B3.9B4.4B5.5B8.6B9.0B
Non Currrent Assets Other326.9M662.5M901.1M1.3B796.7M836.5M
Cash And Short Term Investments3.8B6.7B7.5B10.8B11.2B11.8B
Common Stock Shares Outstanding260.7M263.4M259.9M259.1M260.5M153.1M
Liabilities And Stockholders Equity8.3B11.8B13.4B18.2B22.7B23.9B
Non Current Liabilities Total1.0B1.5B1.5B1.8B1.6B1.7B
Other Current Assets213.5M308.4M187.2M74.4M620.5M651.5M
Other Stockholder Equity7.9B7.9B6.9B7.4B7.4B7.8B
Total Liab2.2B3.1B3.3B4.2B5.1B5.4B
Total Current Assets4.6B7.8B9.0B12.7B14.1B14.9B
Short Term Debt30.3M42.4M46.9M89.4M83.7M51.0M
Accounts Payable87.6M155.1M195M303.9M364.9M383.1M
Property Plant And Equipment Gross745.1M958.5M2.3B2.5B2.6B2.8B
Accumulated Other Comprehensive Income(2.0M)(68.5M)15.9M800K(14.3M)(13.6M)
Net Receivables633.5M885.4M1.1B1.4B1.6B1.6B
Common Stock Total Equity2.6M2.6M2.5M2.6M3.0M1.9M
Common Stock2.6M2.6M2.5M2.6M3.0M2.0M
Other Assets1.2B587.0M986.9M1.4B1.6B1.7B
Short Term Investments699.0M670.7M729.9M274.5M849.2M579.6M
Property Plant Equipment833.3M958.5M1.1B1.5B1.7B1.8B
Other Liab275.5M923.4M902.2M685.8M788.7M828.1M
Current Deferred Revenue62.3M191.5M171.7M159.6M170.3M118.8M
Inventory167.5M280.8M353.1M460.6M738.8M775.7M
Net Tangible Assets4.7B7.3B8.7B12.2B14.1B14.8B
Retained Earnings Total Equity(1.9B)858.7M3.2B6.5B7.5B7.9B
Long Term Debt Total583.9M581.6M538.6M539.0M619.9M632.6M

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When determining whether Vertex Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vertex Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vertex Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vertex Pharmaceuticals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals 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 Vertex Pharmaceuticals' 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 Vertex Pharmaceuticals. If investors know Vertex 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 Vertex Pharmaceuticals 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
0.565
Earnings Share
15.43
Revenue Per Share
39.492
Quarterly Revenue Growth
0.133
Return On Assets
0.1282
The market value of Vertex Pharmaceuticals is measured differently than its book value, which is the value of Vertex that is recorded on the company's balance sheet. Investors also form their own opinion of Vertex Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Vertex Pharmaceuticals' 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 Vertex Pharmaceuticals' market value can be influenced by many factors that don't directly affect Vertex Pharmaceuticals' 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 Vertex Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vertex Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vertex Pharmaceuticals' 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.