TG Therapeutics Financials

TGTX Stock  USD 34.61  0.46  1.31%   
Based on the key indicators related to TG Therapeutics' liquidity, profitability, solvency, and operating efficiency, TG Therapeutics is doing better financially today then in previous quarter. It has a moderate odds of reporting better financial numbers in December. At this time, TG Therapeutics' Total Liabilities is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 10 M in 2024, despite the fact that Retained Earnings are likely to grow to (1.4 B). Key indicators impacting TG Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio5.755.9185
Fairly Down
Slightly volatile
The essential information of the day-to-day investment outlook for TG Therapeutics includes many different criteria found on its balance sheet. An individual investor should monitor TG Therapeutics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in TG Therapeutics.

Net Income

13.31 Million

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

TG Therapeutics Stock Summary

TG Therapeutics competes with Eliem Therapeutics, HCW Biologics, Scpharmaceuticals, Milestone Pharmaceuticals, and Seres Therapeutics. TG Therapeutics, Inc., a commercial stage biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel treatments for B-cell malignancies and autoimmune diseases. TG Therapeutics, Inc. was incorporated in 1993 and is headquartered in New York, New York. Tg Therapeuticscmn operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 173 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS88322Q1085
CUSIP88322Q108 563118207 048785109 048913107 048913305 048785208 563118405
LocationNew York; U.S.A
Business Address3020 Carrington Mill
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.tgtherapeutics.com
Phone212 554 4484
CurrencyUSD - US Dollar

TG Therapeutics Key Financial Ratios

TG Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets163.0M625.6M379.6M193.6M329.6M346.1M
Other Current Liab5.4M26.7M61.5M8.0M13.5M14.2M
Net Debt(71.8M)(511.5M)(219.8M)(19.2M)17.9M18.8M
Retained Earnings(701.2M)(980.6M)(1.3B)(1.5B)(1.5B)(1.4B)
Cash112.6M553.4M298.9M102.3M92.9M59.3M
Total Liab124.4M106.3M142.5M135.0M169.1M177.5M
Total Current Assets149.2M611.7M331.0M168.3M317.9M333.8M
Net Receivables108.5K95K0.01.4M51.1M53.6M
Other Current Assets611K6.3M14.8M6.6M9.5M10.0M
Accounts Payable30.0M37.0M(457K)42.0M38.5M40.4M
Common Stock109K141K143K146K151K105.2K
Other Assets3.4M13.1M3.1M2.9M329.6M346.1M
Other Liab762K610K457K305K274.5K260.8K
Short Term Debt1.6M23.8M3.8M3.2M1.4M2.8M
Net Tangible Assets37.8M518.6M310.7M57.8M66.5M118.5M
Capital Surpluse740.0M1.5B1.6B1.6B1.8B1.9B

TG Therapeutics 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 Expense5.3M6.3M5.6M10.2M12.6M13.2M
Gross Profit(130K)(222K)5.9M2.5M219.1M230.1M
Operating Income(169.1M)(273.6M)(344.8M)(192.8M)20.6M21.7M
Ebit(169.1M)(273.1M)(342.5M)(188.1M)20.6M21.7M
Research Development148.4M151.9M198.5M112.1M76.2M45.7M
Ebitda(167.6M)(272.7M)(342.0M)(187.6M)21.1M22.1M
Income Before Tax(172.9M)(279.4M)(348.1M)(198.3M)13.1M13.7M
Net Income(179.3M)(285.9M)(355.6M)(203.8M)12.7M13.3M
Income Tax Expense6.5M6.5M7.5M5.5M390K370.5K
Cost Of Revenue282K374K790K265K14.6M22.0M
Net Interest Income(5.3M)(6.3M)(5.6M)(10.2M)(12.6M)(12.0M)

TG Therapeutics Key Cash Accounts

Cash flow analysis captures how much money flows into and out of TG Therapeutics. It measures of how well TGTX 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 TG Therapeutics 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 TGTX 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 TG Therapeutics 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 Cash70.7M440.8M(254.5M)(196.6M)(9.4M)(8.9M)
Free Cash Flow(132.9M)(214.9M)(296.0M)(176.2M)(31.4M)(33.0M)
Other Non Cash Items3.5M4.0M2.4M4.1M128.8M135.3M
Capital Expenditures2.2K90K131K357K401K14K
Net Income(172.9M)(279.4M)(348.1M)(198.3M)12.7M13.3M
End Period Cash Flow113.9M554.7M300.2M103.6M92.9M59.5M
Depreciation282K374K494K515K423K444.2K
Change To Netincome11.5M81.0M60.7M19.1M21.9M23.0M
Net Borrowings29.2M40M39.0M(975K)(1.1M)(1.1M)
Investments(718K)(24.5M)69K(20.0M)(50.7M)(48.1M)
Change Receivables(11K)(6K)(1.4M)1.4M1.6M1.7M

TGTX Financial Ratios Relationships

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

TG Therapeutics Systematic Risk

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

TG Therapeutics Thematic Clasifications

TG Therapeutics is part of Cancer Fighters 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. Public companies from health care and pharmaceutical sectors that are focused on fighting cancer. Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases
Cancer FightersView
This theme covers Public companies from health care and pharmaceutical sectors that are focused on fighting cancer. Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. Get More Thematic Ideas
Today, most investors in TG Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TG 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 TG Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.72)

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

TG Therapeutics November 25, 2024 Opportunity Range

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

Additional Tools for TGTX Stock Analysis

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