BioCryst Income Tax Expense vs Cost of Revenue Analysis

BCRX Stock  USD 4.50  0.08  1.75%   
BioCryst Pharmaceuticals financial indicator trend analysis is way more than just evaluating BioCryst Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BioCryst Pharmaceuticals is a good investment. Please check the relationship between BioCryst Pharmaceuticals Income Tax Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioCryst 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 metropolitan statistical area.
For more information on how to buy BioCryst Stock please use our How to Invest in BioCryst Pharmaceuticals guide.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioCryst Pharmaceuticals Income Tax Expense account and Cost of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between BioCryst Pharmaceuticals' Income Tax Expense and Cost of Revenue is 0.04. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of BioCryst Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of BioCryst Pharmaceuticals' Income Tax Expense and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of BioCryst Pharmaceuticals are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Income Tax Expense i.e., BioCryst Pharmaceuticals' Income Tax Expense and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on BioCryst Pharmaceuticals income statement and represents the costs associated with goods and services BioCryst Pharmaceuticals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from BioCryst Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BioCryst 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BioCryst 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 metropolitan statistical area.
For more information on how to buy BioCryst Stock please use our How to Invest in BioCryst Pharmaceuticals guide.At this time, BioCryst Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 1.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 324.9 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses327.6M412.7M428.8M450.2M
Cost Of Revenue7.3M6.6M6.3M9.2M

BioCryst Pharmaceuticals fundamental ratios Correlations

0.930.90.87-0.630.790.71-0.940.910.750.060.990.950.940.150.520.950.811.0-0.39-0.310.930.640.93-0.66-0.3
0.930.880.81-0.390.860.91-0.920.790.51-0.010.890.860.990.230.720.990.850.93-0.4-0.260.850.820.84-0.54-0.2
0.90.880.95-0.550.90.77-0.940.820.510.260.880.910.87-0.080.580.90.870.88-0.18-0.220.90.760.9-0.64-0.34
0.870.810.95-0.540.890.7-0.950.870.490.190.860.940.81-0.010.610.850.820.860.01-0.140.960.750.96-0.72-0.41
-0.63-0.39-0.55-0.54-0.36-0.070.58-0.61-0.8-0.17-0.68-0.68-0.410.360.27-0.44-0.53-0.610.250.61-0.630.0-0.660.60.43
0.790.860.90.89-0.360.86-0.90.70.280.120.750.830.840.080.720.870.940.79-0.1-0.220.840.890.83-0.59-0.25
0.710.910.770.7-0.070.86-0.790.530.110.020.640.670.880.280.870.870.810.71-0.2-0.140.670.950.65-0.37-0.13
-0.94-0.92-0.94-0.950.58-0.9-0.79-0.88-0.57-0.06-0.92-0.98-0.92-0.11-0.63-0.95-0.88-0.940.140.28-0.97-0.77-0.970.670.43
0.910.790.820.87-0.610.70.53-0.880.77-0.050.920.930.810.040.450.830.630.92-0.22-0.050.930.50.93-0.64-0.34
0.750.510.510.49-0.80.280.11-0.570.77-0.070.810.680.55-0.03-0.10.560.380.76-0.54-0.350.63-0.020.65-0.52-0.2
0.06-0.010.260.19-0.170.120.02-0.06-0.05-0.070.080.05-0.06-0.13-0.09-0.030.16-0.020.2-0.190.00.060.010.0-0.39
0.990.890.880.86-0.680.750.64-0.920.920.810.080.950.910.090.440.920.770.99-0.41-0.320.920.560.92-0.68-0.31
0.950.860.910.94-0.680.830.67-0.980.930.680.050.950.880.050.520.910.820.95-0.16-0.280.990.660.99-0.72-0.44
0.940.990.870.81-0.410.840.88-0.920.810.55-0.060.910.880.260.711.00.840.95-0.41-0.260.860.790.85-0.53-0.2
0.150.23-0.08-0.010.360.080.28-0.110.04-0.03-0.130.090.050.260.460.220.060.16-0.07-0.060.040.240.030.25-0.04
0.520.720.580.610.270.720.87-0.630.45-0.1-0.090.440.520.710.460.710.530.530.070.250.550.920.52-0.22-0.1
0.950.990.90.85-0.440.870.87-0.950.830.56-0.030.920.911.00.220.710.850.96-0.36-0.250.890.80.89-0.57-0.23
0.810.850.870.82-0.530.940.81-0.880.630.380.160.770.820.840.060.530.850.8-0.25-0.520.810.780.81-0.59-0.24
1.00.930.880.86-0.610.790.71-0.940.920.76-0.020.990.950.950.160.530.960.8-0.41-0.30.930.630.93-0.66-0.27
-0.39-0.4-0.180.010.25-0.1-0.20.14-0.22-0.540.2-0.41-0.16-0.41-0.070.07-0.36-0.25-0.410.38-0.10.02-0.110.12-0.54
-0.31-0.26-0.22-0.140.61-0.22-0.140.28-0.05-0.35-0.19-0.32-0.28-0.26-0.060.25-0.25-0.52-0.30.38-0.22-0.03-0.250.260.12
0.930.850.90.96-0.630.840.67-0.970.930.630.00.920.990.860.040.550.890.810.93-0.1-0.220.681.0-0.76-0.4
0.640.820.760.750.00.890.95-0.770.5-0.020.060.560.660.790.240.920.80.780.630.02-0.030.680.66-0.44-0.16
0.930.840.90.96-0.660.830.65-0.970.930.650.010.920.990.850.030.520.890.810.93-0.11-0.251.00.66-0.77-0.4
-0.66-0.54-0.64-0.720.6-0.59-0.370.67-0.64-0.520.0-0.68-0.72-0.530.25-0.22-0.57-0.59-0.660.120.26-0.76-0.44-0.770.1
-0.3-0.2-0.34-0.410.43-0.25-0.130.43-0.34-0.2-0.39-0.31-0.44-0.2-0.04-0.1-0.23-0.24-0.27-0.540.12-0.4-0.16-0.40.1
Click cells to compare fundamentals

BioCryst Pharmaceuticals Account Relationship Matchups

BioCryst Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets175.3M334.7M588.2M550M517.0M542.8M
Short Long Term Debt Total84.7M124.7M593.2M741.5M848.7M891.1M
Other Current Liab36.3M55.6M72.7M87.6M102.9M108.0M
Total Current Liabilities92.3M105.7M103.7M105.5M150.0M157.5M
Total Stockholder Equity(840.6M)(1.0B)(1.2B)(1.5B)(455.5M)(432.8M)
Property Plant And Equipment Net7.3M7.1M8.7M15.4M21.0M22.0M
Net Debt(29.5M)(147.4M)88.8M436.7M736.3M773.1M
Retained Earnings(840.6M)(1.0B)(1.2B)(1.5B)(1.7B)(1.6B)
Accounts Payable14.0M18.7M27.8M14.4M20.9M21.9M
Cash114.2M272.1M504.4M304.8M112.4M65.7M
Non Current Assets Total10.9M10.9M22.0M33.5M21.0M24.6M
Cash And Short Term Investments136.2M300.4M514.4M442.4M390.8M410.3M
Common Stock Shares Outstanding115.6M167.3M179.1M185.9M192.2M201.8M
Liabilities And Stockholders Equity(703.6M)(669.5M)(512.4M)(610.0M)517.0M542.8M
Non Current Liabilities Total44.7M248.3M591.4M739.1M822.5M863.6M
Other Current Assets4.4M5.5M10.0M12.6M19.5M20.5M
Other Stockholder Equity(1.6M)(1.8M)(2.0M)(1.9M)1.2B1.3B
Total Liab137.0M354.0M695.1M844.6M972.5M1.0B
Property Plant And Equipment Gross7.3M7.1M8.7M25.0M19.1M20.1M
Total Current Assets164.3M323.8M566.1M516.5M496.0M520.8M
Accumulated Other Comprehensive Income39K3K177K26K1.3M1.4M
Short Term Debt40.0M31.2M1.8M2.4M26.2M27.5M
Non Currrent Assets Other3.6M3.8M6.5M(33.5M)12.0M7.6M
Common Stock Total Equity1.1M1.5M1.8M1.8M2.1M2.2M
Short Term Investments22.1M28.2M3.2M119.5M278.3M292.3M
Common Stock1.5M1.8M1.8M1.9M2.1M2.2M
Current Deferred Revenue2.1M150K1.4M1.2M1.1M1.0M
Property Plant Equipment7.3M7.1M15.2M15.4M17.7M18.6M
Other Assets2.0M978K588.2M550M632.5M664.1M
Net Receivables22.1M8.6M29.4M50.6M57.0M59.8M
Inventory1.6M7.0M15.8M27.5M28.7M30.1M
Net Tangible Assets82.9M109.3M(147.0M)(294.6M)(265.1M)(251.9M)
Long Term Debt41.3M119.7M585.5M733.3M811.3M851.8M
Retained Earnings Total Equity(732.0M)(840.6M)(1.0B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total28.1M41.3M119.7M136.1M156.5M164.3M
Capital Surpluse780.4M877.3M1.0B1.1B1.3B745.7M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BioCryst Pharmaceuticals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BioCryst Pharmaceuticals' short interest history, or implied volatility extrapolated from BioCryst Pharmaceuticals options trading.

Pair Trading with BioCryst Pharmaceuticals

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 BioCryst Pharmaceuticals 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 BioCryst Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with BioCryst Stock

  0.69JNJ Johnson Johnson Financial Report 18th of July 2024 PairCorr

Moving against BioCryst Stock

  0.72NUVB Nuvation Bio Financial Report 2nd of May 2024 PairCorr
  0.48MRKR Marker TherapeuticsPairCorr
The ability to find closely correlated positions to BioCryst Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioCryst Pharmaceuticals 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 BioCryst Pharmaceuticals - 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 BioCryst Pharmaceuticals to buy it.
The correlation of BioCryst Pharmaceuticals 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 BioCryst Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioCryst Pharmaceuticals 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 BioCryst Pharmaceuticals 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 BioCryst Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BioCryst 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 Biocryst Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biocryst Pharmaceuticals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioCryst 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 metropolitan statistical area.
For more information on how to buy BioCryst Stock please use our How to Invest in BioCryst Pharmaceuticals guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is BioCryst 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 BioCryst Pharmaceuticals. If investors know BioCryst 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 BioCryst Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.18)
Revenue Per Share
1.724
Quarterly Revenue Growth
0.174
Return On Assets
(0.12)
Return On Equity
(19.25)
The market value of BioCryst Pharmaceuticals is measured differently than its book value, which is the value of BioCryst that is recorded on the company's balance sheet. Investors also form their own opinion of BioCryst Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is BioCryst 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 BioCryst Pharmaceuticals' market value can be influenced by many factors that don't directly affect BioCryst 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 BioCryst Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if BioCryst Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioCryst 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.