Inhibrx Financials

INBX Stock  USD 14.86  0.78  5.54%   
Based on the key measurements obtained from Inhibrx's financial statements, Inhibrx is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Inhibrx's Liabilities And Stockholders Equity is fairly stable compared to the past year. Capital Lease Obligations is likely to rise to about 4.9 M in 2024, whereas Other Liabilities is likely to drop slightly above 120.2 K in 2024. Key indicators impacting Inhibrx's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.265.245
Way Down
Pretty Stable
The financial analysis of Inhibrx is a critical element in measuring its lifeblood. Investors should not minimize Inhibrx's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(229.29 Million)

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

Inhibrx Stock Summary

Inhibrx competes with Crinetics Pharmaceuticals, Merus BV, Lyell Immunopharma, Kronos Bio, and Opthea. Inhibrx, Inc., a clinical-stage biotechnology company, focuses on developing a pipeline of novel biologic therapeutic candidates. The company was founded in 2010 and is headquartered in La Jolla, California. Inhibrx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 106 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS45720L1070
CUSIP45720N103
Older SymbolINXB
LocationCalifornia; U.S.A
Business Address11025 North Torrey
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteinhibrx.com
Phone858 795 4220
CurrencyUSD - US Dollar

Inhibrx Key Financial Ratios

Inhibrx Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab4.8M13.4M9.6M17.2M43.9M46.1M
Other Liab363K2.9M917K110K126.5K120.2K
Net Tangible Assets(93.6M)75.5M52.4M58.1M66.8M70.1M
Retained Earnings(69.3M)(145.4M)(227.1M)(372.4M)(613.7M)(583.0M)
Accounts Payable3.1M13.5M9.1M8.3M8.3M6.8M
Other Current Assets376K132.2M7.8M6.6M28.2M24.3M
Total Current Assets15.6M132.2M139.1M280.5M295.4M310.1M
Total Assets26.5M143.7M150.5M290.9M307.9M323.3M
Net Debt30.2M(91.2M)(60.8M)(71.8M)(67.8M)(64.4M)
Cash11.5M128.7M131.3M273.9M277.9M291.8M
Long Term Debt30.4M29.2M70.5M202.1M207.0M217.3M
Net Receivables438K615K878K257K778K497.4K
Inventory3.2M(129.3M)(878K)(257K)(11.6M)(12.2M)
Total Liab120.1M68.3M98.1M232.8M264.4M140.0M
Net Invested Capital(59.6M)104.7M70.5M260.1M250.5M263.0M
Net Working Capital(5.0M)100.8M116.7M252.9M239.0M251.0M
Short Term Debt4.7M1.5M1.7M1.9M4.1M2.8M

Inhibrx Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense5.7M10.8M5.2M16.1M31.8M33.4M
Tax Provision96K898K3K2K2.7K2.6K
Net Interest Income(5.7M)(10.8M)(5.2M)(16.1M)(19.9M)(18.9M)
Total Revenue9.1M12.8M7.1M2.2M1.8M1.7M
Gross Profit(38.8M)12.8M7.1M2.2M609K639.5K
Operating Income(43.7M)(67.4M)(76.6M)(129.1M)(219.2M)(208.3M)
Ebit(43.7M)(67.4M)(76.6M)(129.1M)(207.9M)(197.5M)
Research Development47.9M73.5M71.4M110.2M191.6M201.2M
Ebitda(42.6M)(66.4M)(75.4M)(127.9M)(206.7M)(196.4M)
Cost Of Revenue47.9M73.5M2.7M2.8M1.2M1.1M
Income Before Tax(50.5M)(75.6M)(81.8M)(145.2M)(239.7M)(227.7M)
Net Income(51.4M)(75.6M)(81.8M)(145.2M)(241.4M)(229.3M)
Income Tax Expense96K898K3K2K2.7K2.6K

Inhibrx Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Inhibrx. It measures of how well Inhibrx is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Inhibrx brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Inhibrx had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Inhibrx has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash9.4M117.1M2.6M142.6M4.1M3.9M
Net Borrowings33.8M41.4M40.0M128.9M148.2M155.6M
Free Cash Flow(33.9M)(49.3M)(81.2M)(116.0M)(197.9M)(188.0M)
Depreciation1.2M1.0M1.2M1.2M1.2M979.1K
Other Non Cash Items9.6M11.6M2.7M5.1M6.7M4.6M
Capital Expenditures1.8M1.4M864K686K4.6M4.8M
Net Income(51.4M)(76.1M)(81.8M)(145.2M)(241.4M)(229.3M)
End Period Cash Flow11.5M128.7M131.3M273.9M277.9M291.8M
Change To Netincome6.4M4.3M16.5M20.5M23.5M24.7M
Change To Inventory(672K)(2.5M)7.8M(11.0M)(9.9M)(9.4M)
Investments(1.8M)(1.4M)(809K)(686K)(4.6M)(4.4M)

Inhibrx Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Inhibrx's current stock value. Our valuation model uses many indicators to compare Inhibrx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Inhibrx competition to find correlations between indicators driving Inhibrx's intrinsic value. More Info.
Inhibrx 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, Inhibrx's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Inhibrx's earnings, one of the primary drivers of an investment's value.

Inhibrx Systematic Risk

Inhibrx's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Inhibrx 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Inhibrx correlated with the market. If Beta is less than 0 Inhibrx generally moves in the opposite direction as compared to the market. If Inhibrx Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Inhibrx is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Inhibrx is generally in the same direction as the market. If Beta > 1 Inhibrx moves generally in the same direction as, but more than the movement of the benchmark.

Inhibrx Thematic Clasifications

Inhibrx is part of Biotech investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services
BiotechView
This theme covers Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services. Get More Thematic Ideas
Today, most investors in Inhibrx Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Inhibrx's 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 Inhibrx growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.17)

At this time, Inhibrx's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Inhibrx November 26, 2024 Opportunity Range

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

Additional Tools for Inhibrx Stock Analysis

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