Legend Biotech Financials

LEGN Stock  USD 40.94  1.19  2.99%   
Based on the key indicators obtained from Legend Biotech's historical financial statements, Legend Biotech Corp 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, Legend Biotech's Cash And Short Term Investments are very stable compared to the past year. As of the 25th of November 2024, Inventory is likely to grow to about 20.4 M, while Total Assets are likely to drop about 938.8 M. Key indicators impacting Legend Biotech's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.310.2248
Significantly Up
Slightly volatile
Current Ratio7.276.9209
Sufficiently Up
Pretty Stable
The financial analysis of Legend Biotech is a critical element in measuring its lifeblood. Investors should not minimize Legend Biotech's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(492.34 Million)

  
Understanding current and past Legend Biotech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Legend Biotech's financial statements are interrelated, with each one affecting the others. For example, an increase in Legend Biotech's assets may result in an increase in income on the income statement.

Legend Biotech Stock Summary

Legend Biotech competes with Eliem Therapeutics, HCW Biologics, Scpharmaceuticals, Milestone Pharmaceuticals, and Seres Therapeutics. Legend Biotech Corporation, a clinical-stage biopharmaceutical company, through its subsidiaries, engages in the discovery and development of novel cell therapies for oncology and other indications in the United States, China, and internationally. Legend Biotech Corporation is a subsidiary of Genscript Biotech Corporation. Legend Biotech operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 1071 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS52490G1022
CUSIP52490G102
LocationNew Jersey; U.S.A
Business Address2101 Cottontail Lane,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.legendbiotech.com
Phone732 317 5050
CurrencyUSD - US Dollar

Legend Biotech Key Financial Ratios

Legend Biotech Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets287.7M721.0M1.1B1.3B1.8B938.8M
Other Current Liab70.9M100.1M220.7M248.0M185.9M150.0M
Other Liab277.8M277.7M244.8M7.9M7.1M6.7M
Net Tangible Assets(123.4M)277.4M466.5M740.9M852.0M894.6M
Net Debt(77.3M)(452.3M)(566.0M)(501.5M)(949.0M)(901.6M)
Retained Earnings(127.3M)(430.8M)(817.0M)(966.5M)(1.5B)(1.4B)
Accounts Payable9.6M4.9M7.0M32.9M20.2M13.6M
Cash83.4M455.7M688.9M786.0M1.3B1.3B
Other Assets70.2M665K4.2M7.3M67.7M0.95
Net Receivables35.8M75.6M50.5M45.5M157.1M80.2M
Inventory1.2M1.8M1.7M10.4M19.4M20.4M
Other Current Assets11.3M10.8M15.2M62.8M12.6M17.9M
Total Liab410.6M440.8M647.2M586.7M597.2M523.2M
Total Current Assets207.1M592.9M948.8M1.1B1.5B770.5M
Short Term Debt1.0M1.5M911K7.1M3.2M2.2M
Intangible Assets5.1M7.7M4.7M3.4M4.1M3.9M
Net Invested Capital(122.9M)280.3M591.7M1.0B1.5B1.6B
Net Working Capital79.3M431.7M668.5M801.3M1.3B1.3B

Legend Biotech Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision2.6M(4.1M)1K625K283K268.9K
Interest Expense223K4.2M900K10.8M21.8M22.9M
Total Revenue57.3M75.7M89.8M117.0M285.1M299.4M
Gross Profit57.3M(156.5M)(223.6M)51.6M140.9M148.0M
Operating Income(130.9M)(313.3M)(393.0M)(455.8M)(439.5M)(417.5M)
Ebit(130.9M)(304.1M)(406.3M)(434.9M)(498.3M)(473.4M)
Research Development161.9M232.2M313.3M335.6M382.2M234.8M
Ebitda(125.6M)(294.1M)(392.4M)(416.5M)(477.9M)(454.0M)
Income Before Tax(130.4M)(307.6M)(386.2M)(445.7M)(520.1M)(494.1M)
Net Income(133.0M)(303.5M)(386.2M)(446.3M)(518.3M)(492.3M)
Income Tax Expense2.6M(4.1M)1K625K(1.9M)(1.8M)
Net Interest Income4.4M(4.2M)(900K)(10.8M)21.2M22.3M
Interest Income4.6M2.9M971K8.2M42.1M44.2M

Legend Biotech Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(22K)(643K)51K(8.6M)(12.7M)(12.1M)
Investments(58.7M)25.6M(195.0M)(78.3M)92.8M97.4M
Change In Cash(126.8M)372.3M233.2M97.1M490.8M515.3M
Net Borrowings14.7M(2.6M)(1.4M)(2.6M)(2.3M)(2.2M)
Free Cash Flow(122.2M)(272.8M)(245.6M)(222.3M)(416.0M)(395.2M)
Depreciation5.3M9.9M13.9M18.4M20.5M11.0M
Other Non Cash Items(4.4M)84.6M187.7M6.6M128.2M71.5M
Capital Expenditures39.2M49.8M47.1M22.3M22.7M31.9M
Net Income(130.4M)(307.6M)(386.2M)(445.7M)(518.3M)(492.3M)
End Period Cash Flow83.4M455.7M688.9M786.0M1.3B1.3B
Change To Netincome(7.8M)92.0M187.7M34.2M39.3M55.1M

Legend Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Legend Biotech's current stock value. Our valuation model uses many indicators to compare Legend Biotech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Legend Biotech competition to find correlations between indicators driving Legend Biotech's intrinsic value. More Info.
Legend Biotech Corp is currently regarded as number one stock in return on equity category among its peers. It is rated second overall in return on asset category among its peers . At this time, Legend Biotech's Return On Equity is very 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 Legend Biotech's earnings, one of the primary drivers of an investment's value.

Legend Biotech Corp Systematic Risk

Legend Biotech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Legend Biotech 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 Legend Biotech Corp correlated with the market. If Beta is less than 0 Legend Biotech generally moves in the opposite direction as compared to the market. If Legend Biotech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Legend Biotech Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Legend Biotech is generally in the same direction as the market. If Beta > 1 Legend Biotech moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Legend Biotech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Legend Biotech'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 Legend Biotech growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(4.2)

At this time, Legend Biotech's Price Earnings To Growth Ratio is very stable compared to the past year.

Legend Biotech November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Legend Biotech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Legend Biotech Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Legend Biotech Corp based on widely used predictive technical indicators. In general, we focus on analyzing Legend Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Legend Biotech's daily price indicators and compare them against related drivers.
When determining whether Legend Biotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legend Biotech'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 Legend Biotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legend Biotech Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend Biotech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Biotechnology space 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 Legend Biotech. If investors know Legend 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 Legend Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.92)
Revenue Per Share
2.851
Quarterly Revenue Growth
0.669
Return On Assets
(0.12)
Return On Equity
(0.28)
The market value of Legend Biotech Corp is measured differently than its book value, which is the value of Legend that is recorded on the company's balance sheet. Investors also form their own opinion of Legend Biotech's value that differs from its market value or its book value, called intrinsic value, which is Legend Biotech'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 Legend Biotech's market value can be influenced by many factors that don't directly affect Legend Biotech'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 Legend Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legend Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legend Biotech'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.