Revance Non Currrent Assets Other vs Accounts Payable Analysis

RVNC Stock  USD 3.29  0.28  7.84%   
Revance financial indicator trend analysis is much more than just breaking down Revance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Revance is a good investment. Please check the relationship between Revance Non Currrent Assets Other and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.

Non Currrent Assets Other vs Accounts Payable

Non Currrent Assets Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Revance Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Revance's Non Currrent Assets Other and Accounts Payable is 0.42. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Revance, assuming nothing else is changed. The correlation between historical values of Revance's Non Currrent Assets Other 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 Non Currrent Assets Other of Revance 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 Non Currrent Assets Other i.e., Revance's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Accounts Payable

An accounting item on the balance sheet that represents Revance 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 Revance 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 Revance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Revance 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.At present, Revance's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 124.1 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.16.
 2021 2022 2023 2024 (projected)
Interest Expense6.3M16.5M19.4M20.3M
Depreciation And Amortization13.6M30.6M13.7M7.4M

Revance fundamental ratios Correlations

0.60.680.330.490.740.710.590.22-0.760.750.690.880.530.50.650.920.810.740.550.660.860.540.710.94-0.4
0.60.940.6-0.350.890.930.290.88-0.930.50.080.680.950.950.930.370.880.560.980.80.830.980.930.45-0.04
0.680.940.67-0.250.880.930.270.81-0.920.580.140.760.90.880.90.450.890.640.940.790.840.950.930.52-0.02
0.330.60.67-0.350.460.490.270.6-0.520.42-0.110.480.50.480.480.10.450.350.540.440.410.630.490.180.66
0.49-0.35-0.25-0.35-0.1-0.130.48-0.70.070.290.780.19-0.35-0.37-0.220.720.050.24-0.43-0.030.18-0.45-0.130.64-0.47
0.740.890.880.46-0.10.910.350.7-0.930.690.240.760.820.810.960.540.910.680.890.910.890.880.910.62-0.24
0.710.930.930.49-0.130.910.390.73-0.970.650.260.70.890.910.940.530.960.630.90.910.920.91.00.61-0.21
0.590.290.270.270.480.350.390.02-0.530.610.480.330.290.30.360.660.570.550.140.530.650.170.390.69-0.13
0.220.880.810.6-0.70.70.730.02-0.710.21-0.40.440.850.850.79-0.070.620.430.90.580.520.910.730.030.18
-0.76-0.93-0.92-0.520.07-0.93-0.97-0.53-0.71-0.7-0.29-0.7-0.92-0.92-0.96-0.61-0.99-0.72-0.88-0.92-0.97-0.88-0.97-0.690.21
0.750.50.580.420.290.690.650.610.21-0.70.510.660.420.440.60.640.750.470.460.790.750.480.650.7-0.23
0.690.080.14-0.110.780.240.260.48-0.4-0.290.510.390.030.040.120.850.380.170.010.320.48-0.010.260.8-0.44
0.880.680.760.480.190.760.70.330.44-0.70.660.390.530.480.640.630.720.630.680.580.720.680.70.66-0.21
0.530.950.90.5-0.350.820.890.290.85-0.920.420.030.530.990.920.360.870.620.920.750.820.910.890.45-0.11
0.50.950.880.48-0.370.810.910.30.85-0.920.440.040.480.990.920.340.870.570.910.790.810.910.910.43-0.11
0.650.930.90.48-0.220.960.940.360.79-0.960.60.120.640.920.920.460.930.690.910.910.890.910.940.55-0.19
0.920.370.450.10.720.540.530.66-0.07-0.610.640.850.630.360.340.460.680.670.280.540.770.270.530.99-0.49
0.810.880.890.450.050.910.960.570.62-0.990.750.380.720.870.870.930.680.730.820.920.990.820.960.75-0.29
0.740.560.640.350.240.680.630.550.43-0.720.470.170.630.620.570.690.670.730.510.550.760.510.630.71-0.29
0.550.980.940.54-0.430.890.90.140.9-0.880.460.010.680.920.910.910.280.820.510.760.760.990.90.37-0.08
0.660.80.790.44-0.030.910.910.530.58-0.920.790.320.580.750.790.910.540.920.550.760.90.760.910.61-0.19
0.860.830.840.410.180.890.920.650.52-0.970.750.480.720.820.810.890.770.990.760.760.90.760.920.83-0.32
0.540.980.950.63-0.450.880.90.170.91-0.880.48-0.010.680.910.910.910.270.820.510.990.760.760.90.360.03
0.710.930.930.49-0.130.911.00.390.73-0.970.650.260.70.890.910.940.530.960.630.90.910.920.90.61-0.21
0.940.450.520.180.640.620.610.690.03-0.690.70.80.660.450.430.550.990.750.710.370.610.830.360.61-0.47
-0.4-0.04-0.020.66-0.47-0.24-0.21-0.130.180.21-0.23-0.44-0.21-0.11-0.11-0.19-0.49-0.29-0.29-0.08-0.19-0.320.03-0.21-0.47
Click cells to compare fundamentals

Revance Account Relationship Matchups

Revance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets340.3M720.2M531.2M581.9M478.5M331.9M
Other Current Liab21.6M36.0M42.6M59.4M53.8M56.5M
Total Current Liabilities41.0M61.0M67.3M75.7M89.2M51.0M
Total Stockholder Equity225.5M374.3M68.5M12.6M(151.6M)(144.0M)
Other Liab47.9M77.3M75.6M80.1M92.1M96.7M
Property Plant And Equipment Net41.3M47.1M69.0M67.8M90.2M94.7M
Current Deferred Revenue7.9M7.9M9.4M6.9M10.7M7.6M
Net Debt(141.8M)(121.4M)213.9M309.5M340.6M357.6M
Retained Earnings(844.2M)(1.1B)(1.4B)(1.8B)(2.1B)(2.0B)
Accounts Payable8.0M12.7M10.6M4.5M13.8M7.0M
Cash171.2M333.6M110.6M109.0M137.9M143.2M
Non Current Assets Total43.7M270.2M285.0M207.2M139.6M90.0M
Non Currrent Assets Other1.7M4.8M13.7M35.2M32.7M34.3M
Other Assets2.4M4.8M13.7M35.2M40.5M42.6M
Cash And Short Term Investments290.1M436.5M225.1M340.7M254.5M224.4M
Common Stock Shares Outstanding43.5M58.0M67.5M72.7M84.6M88.8M
Short Term Investments119.0M102.9M114.4M231.7M116.6M81.3M
Liabilities And Stockholders Equity340.3M720.2M531.2M581.9M478.5M331.9M
Non Current Liabilities Total73.8M285.0M395.4M493.6M540.8M567.9M
Other Current Assets6.5M5.8M7.5M4.4M11.1M11.7M
Other Stockholder Equity1.1B1.5B1.5B1.8B1.9B2.0B
Total Liab114.8M345.9M462.7M569.3M630.1M661.6M
Property Plant And Equipment Gross41.3M47.1M69.0M67.8M90.2M94.7M
Total Current Assets296.6M450.0M246.1M374.7M338.9M241.9M
Accumulated Other Comprehensive Income(8K)3K(18K)(374K)14K14.7K
Short Term Debt3.5M4.4M4.7M4.9M10.9M10.9M
Property Plant Equipment14.8M17.5M69.0M67.8M77.9M81.8M
Common Stock52K69K72K82K88K83.6K
Net Tangible Assets225.5M156.0M(133.8M)(91.6M)(82.4M)(78.3M)
Retained Earnings Total Equity(684.8M)(844.2M)(1.1B)(1.4B)(1.3B)(1.2B)
Capital Surpluse830.4M1.1B1.5B1.5B1.7B1.0B
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 Revance 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, Revance's short interest history, or implied volatility extrapolated from Revance options trading.

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When determining whether Revance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Revance's 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 Revance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Revance Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Revance's price analysis, check to measure Revance'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 Revance is operating at the current time. Most of Revance's value examination focuses on studying past and present price action to predict the probability of Revance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revance's price. Additionally, you may evaluate how the addition of Revance to your portfolios can decrease your overall portfolio volatility.
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Is Revance'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 Revance. If investors know Revance 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 Revance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.83)
Revenue Per Share
2.766
Quarterly Revenue Growth
0.398
Return On Assets
(0.26)
Return On Equity
(20.97)
The market value of Revance is measured differently than its book value, which is the value of Revance that is recorded on the company's balance sheet. Investors also form their own opinion of Revance's value that differs from its market value or its book value, called intrinsic value, which is Revance'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 Revance's market value can be influenced by many factors that don't directly affect Revance'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 Revance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revance'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.