Biogen Inc Stock Working Capital
BIIB Stock | USD 158.71 0.81 0.51% |
Biogen Inc fundamentals help investors to digest information that contributes to Biogen's financial success or failures. It also enables traders to predict the movement of Biogen Stock. The fundamental analysis module provides a way to measure Biogen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Biogen stock.
Last Reported | Projected for Next Year | ||
Net Working Capital | 3.4 B | 4.6 B | |
Change In Working Capital | -648.7 M | -616.3 M |
Biogen | Working Capital |
Biogen Inc Company Working Capital Analysis
Biogen's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Biogen Working Capital | 3.42 B |
Most of Biogen's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Biogen Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Biogen Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Biogen is extremely important. It helps to project a fair market value of Biogen Stock properly, considering its historical fundamentals such as Working Capital. Since Biogen's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Biogen's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Biogen's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
Biogen Capital Surpluse
Capital Surpluse |
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In accordance with the company's disclosures, Biogen Inc has a Working Capital of 3.42 B. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The working capital for all United States stocks is 131.7% lower than that of the firm.
Biogen Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Biogen's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Biogen could also be used in its relative valuation, which is a method of valuing Biogen by comparing valuation metrics of similar companies.Biogen is currently under evaluation in working capital category among its peers.
Biogen ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Biogen's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Biogen's managers, analysts, and investors.Environmental | Governance | Social |
Biogen Fundamentals
Return On Equity | 0.1 | ||||
Return On Asset | 0.0499 | ||||
Profit Margin | 0.17 % | ||||
Operating Margin | 0.21 % | ||||
Current Valuation | 27.96 B | ||||
Shares Outstanding | 145.72 M | ||||
Shares Owned By Insiders | 0.15 % | ||||
Shares Owned By Institutions | 92.92 % | ||||
Number Of Shares Shorted | 3.12 M | ||||
Price To Earning | 14.83 X | ||||
Price To Book | 1.41 X | ||||
Price To Sales | 2.39 X | ||||
Revenue | 9.84 B | ||||
Gross Profit | 7.9 B | ||||
EBITDA | 2.38 B | ||||
Net Income | 1.16 B | ||||
Cash And Equivalents | 4.91 B | ||||
Cash Per Share | 34.10 X | ||||
Total Debt | 7.34 B | ||||
Debt To Equity | 0.52 % | ||||
Current Ratio | 2.49 X | ||||
Book Value Per Share | 112.28 X | ||||
Cash Flow From Operations | 1.55 B | ||||
Short Ratio | 2.36 X | ||||
Earnings Per Share | 11.05 X | ||||
Price To Earnings To Growth | 6.24 X | ||||
Target Price | 251.7 | ||||
Number Of Employees | 7.57 K | ||||
Beta | -0.061 | ||||
Market Capitalization | 23.01 B | ||||
Total Asset | 26.84 B | ||||
Retained Earnings | 17.63 B | ||||
Working Capital | 3.42 B | ||||
Current Asset | 8.73 B | ||||
Current Liabilities | 3.42 B | ||||
Net Asset | 26.84 B |
About Biogen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Biogen Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biogen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biogen Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Biogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biogen'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 Biogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biogen Inc Stock:Check out Biogen Piotroski F Score and Biogen Altman Z Score analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Biogen. If investors know Biogen 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 Biogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 11.05 | Revenue Per Share 66.122 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0499 |
The market value of Biogen Inc is measured differently than its book value, which is the value of Biogen that is recorded on the company's balance sheet. Investors also form their own opinion of Biogen's value that differs from its market value or its book value, called intrinsic value, which is Biogen'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 Biogen's market value can be influenced by many factors that don't directly affect Biogen'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 Biogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biogen'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.