Assertio Therapeutics Financials

ASRT Stock  USD 0.97  0.02  2.11%   
Based on the key indicators related to Assertio Therapeutics' liquidity, profitability, solvency, and operating efficiency, Assertio Therapeutics may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Assertio Therapeutics' Total Liabilities is comparatively stable compared to the past year. Cash is likely to gain to about 80.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 93.7 M in 2024. Key indicators impacting Assertio Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.41.8307
Way Up
Pretty Stable
Investors should never underestimate Assertio Therapeutics' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Assertio Therapeutics' cash flow, debt, and profitability to make informed and accurate decisions about investing in Assertio Therapeutics.

Net Income

(315.34 Million)

  
Understanding current and past Assertio Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Assertio Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Assertio Therapeutics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Assertio Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Assertio Therapeutics. Check Assertio Therapeutics' Beneish M Score to see the likelihood of Assertio Therapeutics' management manipulating its earnings.

Assertio Therapeutics Stock Summary

Assertio Therapeutics competes with Amneal Pharmaceuticals,, Lifecore Biomedical, Ironwood Pharmaceuticals, Neurocrine Biosciences, and Esperion Therapeutics. Assertio Holdings, Inc., a specialty pharmaceutical company, provides medicines in the areas of neurology, hospital, and pain and inflammation. Assertio Holdings, Inc. was incorporated in 1995 and is headquartered in Lake Forest, Illinois. Assertio Holdings operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS04546C2052
CUSIP249908104 04546C205 04545L107 04546C106
LocationIllinois; U.S.A
Business Address100 South Saunders
SectorPharmaceuticals
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.assertiotx.com
Phone224 419 7106
CurrencyUSD - US Dollar

Assertio Therapeutics Key Financial Ratios

Assertio Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets527.2M303.3M326.5M413.9M286.4M336.5M
Other Current Liab2.1M103.3M114.2M88.5M79.1M83.0M
Net Debt309.2M63.3M36.7M1.9M(32.5M)(30.9M)
Retained Earnings(399.8M)(427.9M)(429.2M)(319.6M)(651.5M)(619.0M)
Accounts Payable16.2M14.8M6.7M6.0M13.4M15.6M
Net Receivables42.7M44.4M44.4M45.4M47.7M26.3M
Other Current Assets15.7M34.8M29.7M16.5M24.2M25.5M
Total Liab469.2M247.8M224.1M188.2M148.4M242.8M
Total Current Assets104.0M94.3M103.5M132.3M171.1M133.1M
Short Term Debt80M14.6M14.2M871K928K881.6K
Cash42.1M20.8M36.8M64.9M73.4M80.2M
Common Stock8K13K4K5K9K8.6K
Other Assets3.3M206.6M5.5M82.5M1.00.95
Long Term Debt271.3M72.2M61.3M66.4M38.2M36.3M
Other Liab8.6M40.1M27.8M26.5M23.8M29.7M
Inventory3.4M11.7M7.5M13.7M37.7M39.6M
Net Tangible Assets(342.6M)(144.6M)(113.6M)27.7M25.0M26.2M
Intangible Assets400.5M200.1M216.1M198.0M111.3M105.8M

Assertio Therapeutics Key Income Statement Accounts

The reason investors look at the income statement is to determine what Assertio Therapeutics' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense58.4M15.9M10.2M8.0M3.4M3.2M
Total Revenue229.5M106.3M111.0M156.2M152.1M128.0M
Gross Profit220.0M86.4M95.2M137.5M125.0M112.5M
Operating Income3.2M(46.9M)9.4M57.8M(243.5M)(231.4M)
Ebit3.2M(29.6M)9.7M39.1M(250.7M)(238.1M)
Research Development8.0M10.1M4.2M0.02.8M2.7M
Ebitda105.0M(3.2M)38.8M72.5M(222.4M)(211.3M)
Net Income(217.2M)(28.1M)(1.3M)109.6M(331.9M)(315.3M)
Income Tax Expense(5.3M)(17.4M)728K(78.5M)77.9M81.8M
Cost Of Revenue9.5M19.9M15.8M18.7M27.0M20.2M
Income Before Tax(222.5M)(45.5M)(553K)31.2M(254.1M)(241.4M)
Tax Provision(5.3M)(17.4M)728K(78.5M)77.9M81.8M
Net Interest Income(58.4M)(15.9M)(10.2M)(8.0M)(13.3M)(14.0M)

Assertio Therapeutics Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(68.8M)(21.3M)16.0M28.1M8.5M8.9M
Free Cash Flow89.0M(65.6M)5.5M78.3M49.0M51.4M
Other Non Cash Items200.5M(22.1M)4.1M21.5M267.8M281.2M
Capital Expenditures1.5M10K53K274K628K596.6K
Net Income(217.2M)(28.1M)(1.3M)109.6M(331.9M)(315.3M)
End Period Cash Flow42.1M20.8M36.8M64.9M73.4M64.8M
Depreciation102.9M26.4M29.1M33.4M28.2M26.9M
Change To Inventory(316K)(291K)4.3M(6.6M)(5.0M)(4.7M)
Investments(1.5M)512.8M(18.5M)(42.7M)3.1M2.9M
Net Borrowings(154.3M)(464.3M)(9.8M)(750K)(675K)(708.8K)
Change To Netincome178.0M(25.3M)8.8M(51.7M)(59.5M)(56.5M)

Assertio Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Assertio Therapeutics's current stock value. Our valuation model uses many indicators to compare Assertio Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Assertio Therapeutics competition to find correlations between indicators driving Assertio Therapeutics's intrinsic value. More Info.
Assertio Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Assertio Therapeutics' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Assertio Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Assertio Therapeutics Systematic Risk

Assertio Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Assertio Therapeutics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Assertio Therapeutics correlated with the market. If Beta is less than 0 Assertio Therapeutics generally moves in the opposite direction as compared to the market. If Assertio Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Assertio Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Assertio Therapeutics is generally in the same direction as the market. If Beta > 1 Assertio Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Assertio Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Assertio Therapeutics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Assertio Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

8.0E-4

At this time, Assertio Therapeutics' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Assertio Therapeutics November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Assertio Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Assertio Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Assertio Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Assertio Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Assertio Therapeutics's daily price indicators and compare them against related drivers.

Additional Tools for Assertio Stock Analysis

When running Assertio Therapeutics' price analysis, check to measure Assertio Therapeutics' 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 Assertio Therapeutics is operating at the current time. Most of Assertio Therapeutics' value examination focuses on studying past and present price action to predict the probability of Assertio Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assertio Therapeutics' price. Additionally, you may evaluate how the addition of Assertio Therapeutics to your portfolios can decrease your overall portfolio volatility.