Incyte Probability Of Bankruptcy

INCY -  USA Stock  

USD 68.38  1.64  2.46%

Incyte Corp Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Incyte Corp Probability Of Bankruptcy is determined by interpolating and adjusting Incyte Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Incyte balance sheet as well as cash flow and income statements available from the company's most recent filings. Please see Incyte Corp Piotroski F Score and Incyte Corp Altman Z Score analysis.

Incyte Probability Of Bankruptcy 

 
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Incyte Corp Average Assets are fairly stable at the moment as compared to the past year. Incyte Corp reported Average Assets of 3.21 Billion in 2020. Average Equity is likely to rise to about 2.5 B in 2021, whereas Net Income Per Employee is likely to drop (170.7 K) in 2021.

Incyte Probability Of Bankruptcy Analysis

Incyte Corp's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2018 2019 2020 2021 (projected)
Receivables307.6 M308.81 M481.99 M520.05 M
Inventories6.97 M11.4 M16.43 M17.72 M
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Incyte Corp Probability Of Bankruptcy

    
  47%  
Most of Incyte Corp's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Incyte Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Incyte Corp probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Incyte Corp odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Incyte Corp financial health.
Is Incyte Corp's 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 Incyte Corp. If investors know Incyte 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 Incyte Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Incyte Corp is measured differently than its book value, which is the value of Incyte that is recorded on the company's balance sheet. Investors also form their own opinion of Incyte Corp's value that differs from its market value or its book value, called intrinsic value, which is Incyte Corp's 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 Incyte Corp's market value can be influenced by many factors that don't directly affect Incyte Corp's 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 Incyte Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Incyte Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incyte Corp's 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.

Incyte Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Incyte Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Incyte Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Incyte Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Incyte Corp's interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Incyte Corp has a Probability Of Bankruptcy of 47.0%. This is 8.57% higher than that of the Healthcare sector and 14.3% lower than that of the Biotechnology industry. The probability of bankruptcy for all United States stocks is 18.0% lower than that of the firm.

Incyte Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Incyte Corp's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Incyte Corp could also be used in its relative valuation, which is a method of valuing Incyte Corp by comparing valuation metrics of similar companies.
Incyte Corp is currently under evaluation in probability of bankruptcy category among related companies.

Incyte Corp Main Bankruptcy Drivers

201620172018201920202021 (projected)
Return on Average Assets0.073(0.16)0.0440.14(0.092)(0.0993)
Asset Turnover0.70.810.780.760.830.85
Total Debt651.48 M24 M17.43 M50.88 M34.86 M35.77 M
Total Liabilities1.22 B671.95 M719.79 M828.34 M949.65 M950.64 M
Current Liabilities273.5 M375.4 M425.28 M513.34 M631.2 M681.03 M
Total Assets1.64 B2.3 B2.65 B3.43 B3.56 B3.84 B
Current Assets994.18 M1.5 B1.83 B2.48 B2.36 B1.89 B
Net Cash Flow from Operations304.76 M(92.99 M)336.23 M710.66 M(124.6 M)(127.88 M)
Weighted Average Shares187.87 M204.58 M212.38 M214.91 M218.07 M215.33 M
Weighted Average Shares Diluted194.12 M204.58 M215.63 M217.66 M218.07 M216.38 M

Incyte Fundamentals

About Incyte Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Incyte Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Incyte Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Incyte Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Incyte Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of proprietary therapeutics in the United States and internationally. The company was incorporated in 1991 and is headquartered in Wilmington, Delaware. Incyte Corp operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 1773 people.

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Our tools can tell you how much better you can do entering a position in Incyte Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Incyte Corp Piotroski F Score and Incyte Corp Altman Z Score analysis. Note that the Incyte Corp information on this page should be used as a complementary analysis to other Incyte Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.

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When running Incyte Corp price analysis, check to measure Incyte Corp's 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 Incyte Corp is operating at the current time. Most of Incyte Corp's value examination focuses on studying past and present price action to predict the probability of Incyte Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Incyte Corp's price. Additionally, you may evaluate how the addition of Incyte Corp to your portfolios can decrease your overall portfolio volatility.
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Is Incyte Corp's 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 Incyte Corp. If investors know Incyte 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 Incyte Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Incyte Corp is measured differently than its book value, which is the value of Incyte that is recorded on the company's balance sheet. Investors also form their own opinion of Incyte Corp's value that differs from its market value or its book value, called intrinsic value, which is Incyte Corp's 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 Incyte Corp's market value can be influenced by many factors that don't directly affect Incyte Corp's 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 Incyte Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Incyte Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incyte Corp's 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.