Sage Income Before Tax vs Depreciation And Amortization Analysis

SAGE Stock  USD 13.11  0.17  1.28%   
Sage Therapeutic financial indicator trend analysis is much more than just breaking down Sage Therapeutic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sage Therapeutic is a good investment. Please check the relationship between Sage Therapeutic Income Before Tax and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sage Therapeutic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Sage Stock refer to our How to Trade Sage Stock guide.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sage Therapeutic Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sage Therapeutic's Income Before Tax and Depreciation And Amortization is 0.65. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Sage Therapeutic, assuming nothing else is changed. The correlation between historical values of Sage Therapeutic's Income Before Tax and Depreciation And Amortization 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 Before Tax of Sage Therapeutic are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Sage Therapeutic's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sage Therapeutic income statement and is an important metric when analyzing Sage Therapeutic profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Sage Therapeutic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sage Therapeutic 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 Sage Therapeutic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Sage Stock refer to our How to Trade Sage Stock guide.The current year's Enterprise Value is expected to grow to about 1.8 B, whereas Selling General Administrative is forecasted to decline to about 144.2 M.
 2021 2022 2023 2024 (projected)
Interest Income2.9M14.2M36.1M37.9M
Net Interest Income2.9M14.2M36.1M37.9M

Sage Therapeutic fundamental ratios Correlations

0.830.811.00.78-0.67-0.660.410.680.690.350.781.00.88-0.010.830.910.810.821.00.780.090.970.85-0.760.88
0.830.990.810.78-0.28-0.850.630.290.760.440.870.810.95-0.10.850.940.960.850.820.70.230.830.91-0.930.93
0.810.990.790.75-0.24-0.830.730.260.750.450.840.80.94-0.120.850.920.960.810.810.680.310.80.88-0.910.9
1.00.810.790.76-0.69-0.650.390.70.680.340.771.00.87-0.020.820.90.780.811.00.770.080.970.84-0.740.87
0.780.780.750.76-0.51-0.530.280.530.690.160.70.770.670.330.580.710.840.980.770.660.00.710.59-0.640.68
-0.67-0.28-0.24-0.69-0.510.080.06-1.0-0.270.03-0.24-0.69-0.34-0.11-0.19-0.41-0.26-0.46-0.68-0.28-0.05-0.63-0.390.14-0.38
-0.66-0.85-0.83-0.65-0.530.08-0.49-0.09-0.64-0.47-0.97-0.64-0.890.25-0.79-0.86-0.78-0.65-0.66-0.510.01-0.75-0.880.97-0.89
0.410.630.730.390.280.06-0.49-0.060.390.350.410.40.56-0.30.510.50.640.280.410.340.720.350.51-0.560.47
0.680.290.260.70.53-1.0-0.09-0.060.28-0.020.250.70.350.120.20.430.280.480.690.290.050.640.4-0.150.4
0.690.760.750.680.69-0.27-0.640.390.280.830.720.690.730.080.760.750.770.760.680.39-0.120.640.63-0.780.73
0.350.440.450.340.160.03-0.470.35-0.020.830.440.340.49-0.170.580.480.40.270.330.03-0.130.320.41-0.570.47
0.780.870.840.770.7-0.24-0.970.410.250.720.440.760.9-0.110.820.910.830.80.770.61-0.110.840.88-0.970.92
1.00.810.81.00.77-0.69-0.640.40.70.690.340.760.87-0.010.820.890.790.811.00.770.10.960.83-0.740.86
0.880.950.940.870.67-0.34-0.890.560.350.730.490.90.87-0.140.920.990.90.770.880.70.130.920.97-0.940.99
-0.01-0.1-0.12-0.020.33-0.110.25-0.30.120.08-0.17-0.11-0.01-0.14-0.11-0.110.150.27-0.020.07-0.23-0.04-0.230.17-0.11
0.830.850.850.820.58-0.19-0.790.510.20.760.580.820.820.92-0.110.910.810.70.830.78-0.010.840.84-0.880.9
0.910.940.920.90.71-0.41-0.860.50.430.750.480.910.890.99-0.110.910.890.810.910.70.070.950.96-0.931.0
0.810.960.960.780.84-0.26-0.780.640.280.770.40.830.790.90.150.810.890.880.80.70.230.780.82-0.880.87
0.820.850.810.810.98-0.46-0.650.280.480.760.270.80.810.770.270.70.810.880.820.7-0.090.790.69-0.750.79
1.00.820.811.00.77-0.68-0.660.410.690.680.330.771.00.88-0.020.830.910.80.820.780.10.970.85-0.750.88
0.780.70.680.770.66-0.28-0.510.340.290.390.030.610.770.70.070.780.70.70.70.780.120.730.64-0.60.67
0.090.230.310.080.0-0.050.010.720.05-0.12-0.13-0.110.10.13-0.23-0.010.070.23-0.090.10.120.020.18-0.030.03
0.970.830.80.970.71-0.63-0.750.350.640.640.320.840.960.92-0.040.840.950.780.790.970.730.020.91-0.80.94
0.850.910.880.840.59-0.39-0.880.510.40.630.410.880.830.97-0.230.840.960.820.690.850.640.180.91-0.90.97
-0.76-0.93-0.91-0.74-0.640.140.97-0.56-0.15-0.78-0.57-0.97-0.74-0.940.17-0.88-0.93-0.88-0.75-0.75-0.6-0.03-0.8-0.9-0.93
0.880.930.90.870.68-0.38-0.890.470.40.730.470.920.860.99-0.110.91.00.870.790.880.670.030.940.97-0.93
Click cells to compare fundamentals

Sage Therapeutic Account Relationship Matchups

Sage Therapeutic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B2.2B1.8B1.4B882.3M873.1M
Other Current Liab86.6M54.9M67.3M72.7M67.3M44.1M
Total Current Liabilities112.1M67.2M85.2M99.3M82.7M59.3M
Total Stockholder Equity944.7M2.1B1.7B1.3B799.5M802.6M
Property Plant And Equipment Net42.9M31.8M19.1M13.4M6.4M11.8M
Net Debt(89.6M)(1.6B)(275.8M)(150.6M)(65.8M)(69.1M)
Retained Earnings(1.6B)(1.0B)(1.5B)(2.0B)(2.6B)(2.4B)
Accounts Payable15.3M3.7M10.5M19.0M10.3M11.5M
Cash126.7M1.7B294.2M162.7M71.0M67.4M
Non Current Assets Total49.1M36.9M24.6M84.0M12.9M20.5M
Non Currrent Assets Other3.8M3.3M4.3M69.3M6.5M8.4M
Other Assets6.2M5.1M5.5M6.0M6.9M7.3M
Cash And Short Term Investments1.0B2.1B1.7B1.3B753.2M829.1M
Common Stock Shares Outstanding50.8M53.0M58.7M59.3M59.8M45.7M
Liabilities And Stockholders Equity1.1B2.2B1.8B1.4B882.3M873.1M
Non Current Liabilities Total3.7M27.4M19.7M11.1M4.6M0.0
Other Current Assets26.7M22.8M58.3M50.8M31.8M20.8M
Other Stockholder Equity2.6B3.1B3.2B3.3B3.4B1.8B
Total Liab139.5M86.9M96.3M103.9M82.7M70.5M
Property Plant And Equipment Gross42.9M31.8M24.1M19.5M13.9M13.2M
Total Current Assets1.0B2.1B1.8B1.3B869.4M852.6M
Accumulated Other Comprehensive Income1.3M415K(2.7M)(10.2M)(814K)(854.7K)
Property Plant Equipment9.1M6.8M19.1M2.9M3.3M5.0M
Other Liab3.7M519K270K100K115K109.3K
Net Tangible Assets944.7M2.1B1.7B1.3B1.4B977.9M
Retained Earnings Total Equity(1.6B)(1.0B)(1.5B)(2.0B)(1.8B)(1.7B)
Short Term Investments881.7M438.5M1.4B1.1B682.2M630.7M
Capital Surpluse2.6B3.1B3.2B3.3B3.8B2.0B
Non Current Liabilities Other27.4M19.7M11.1M4.6M5.3M8.5M
Net Invested Capital944.7M2.1B1.7B1.3B799.5M1.3B
Net Working Capital923.0M2.1B1.7B1.2B786.6M1.3B

Sage Therapeutic Investors Sentiment

The influence of Sage Therapeutic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sage. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sage Therapeutic's public news can be used to forecast risks associated with an investment in Sage. The trend in average sentiment can be used to explain how an investor holding Sage can time the market purely based on public headlines and social activities around Sage Therapeutic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sage Therapeutic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sage Therapeutic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sage Therapeutic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sage Therapeutic.
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 Sage Therapeutic 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, Sage Therapeutic's short interest history, or implied volatility extrapolated from Sage Therapeutic options trading.

Currently Active Assets on Macroaxis

When determining whether Sage Therapeutic is a strong investment it is important to analyze Sage Therapeutic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sage Therapeutic's future performance. For an informed investment choice regarding Sage Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sage Therapeutic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Sage Stock refer to our How to Trade Sage Stock guide.
Note that the Sage Therapeutic information on this page should be used as a complementary analysis to other Sage Therapeutic'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 the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Sage Therapeutic's price analysis, check to measure Sage Therapeutic'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 Sage Therapeutic is operating at the current time. Most of Sage Therapeutic's value examination focuses on studying past and present price action to predict the probability of Sage Therapeutic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sage Therapeutic's price. Additionally, you may evaluate how the addition of Sage Therapeutic to your portfolios can decrease your overall portfolio volatility.
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Is Sage Therapeutic'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 Sage Therapeutic. If investors know Sage 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 Sage Therapeutic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.39)
Revenue Per Share
1.519
Quarterly Revenue Growth
1.399
Return On Assets
(0.32)
Return On Equity
(0.55)
The market value of Sage Therapeutic is measured differently than its book value, which is the value of Sage that is recorded on the company's balance sheet. Investors also form their own opinion of Sage Therapeutic's value that differs from its market value or its book value, called intrinsic value, which is Sage Therapeutic'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 Sage Therapeutic's market value can be influenced by many factors that don't directly affect Sage Therapeutic'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 Sage Therapeutic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sage Therapeutic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sage Therapeutic'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.