Ligand Historical Income Statement

LGND Stock  USD 121.47  1.08  0.88%   
Historical analysis of Ligand Pharmaceuticals income statement accounts such as Gross Profit of 86.4 M can show how well Ligand Pharmaceuticals Incorporated performed in making a profits. Evaluating Ligand Pharmaceuticals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ligand Pharmaceuticals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ligand Pharmaceuticals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ligand Pharmaceuticals is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ligand Pharmaceuticals Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Ligand Income Statement Analysis

Ligand Pharmaceuticals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ligand Pharmaceuticals shareholders. The income statement also shows Ligand investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ligand Pharmaceuticals Income Statement Chart

At present, Ligand Pharmaceuticals' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 67.5 M, whereas Total Revenue is forecasted to decline to about 101.8 M.

Total Revenue

Total revenue comprises all receipts Ligand Pharmaceuticals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ligand Pharmaceuticals. It is also known as Ligand Pharmaceuticals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Ligand Pharmaceuticals income statement and represents the costs associated with goods and services Ligand Pharmaceuticals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Ligand Pharmaceuticals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ligand Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ligand Pharmaceuticals Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Ligand Pharmaceuticals' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 67.5 M, whereas Total Revenue is forecasted to decline to about 101.8 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses136.1M140.4M84.3M97.9M
Cost Of Revenue62.2M52.8M35.0M19.3M

Ligand Pharmaceuticals income statement Correlations

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Ligand Pharmaceuticals Account Relationship Matchups

Ligand Pharmaceuticals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(798.8M)28.0M41.3M43.4M37.4M39.3M
Interest Expense35.7M27.4M18.7M1.8M656K623.2K
Total Revenue120.3M186.4M277.1M196.2M131.3M101.8M
Gross Profit108.9M156M215.0M143.4M96.3M86.4M
Other Operating Expenses126.0M177.7M198.2M193.2M119.4M112.7M
Operating Income(5.7M)8.6M78.9M(25.5M)11.9M12.5M
Ebit(5.7M)41.1M91.8M11.0M64.3M67.5M
Ebitda(804.5M)69.1M133.2M54.4M101.7M106.8M
Cost Of Revenue11.3M30.4M62.2M52.8M35.0M19.3M
Total Operating Expenses114.7M147.3M136.1M140.4M84.3M97.9M
Income Before Tax796.6M(10.5M)47.3M36.0M63.7M66.8M
Total Other Income Expense Net802.4M(36.4M)(31.6M)33.0M51.7M54.3M
Net Income629.3M(3.0M)57.1M(5.2M)52.2M54.8M
Income Tax Expense167.3M(7.6M)(10.3M)41.2M9.8M6.5M
Research Development55.9M59.4M69.0M36.1M24.5M33.6M
Selling General Administrative41.9M64.4M57.5M70.1M52.8M49.7M
Net Income From Continuing Ops629.3M(3.0M)57.6M(5.2M)21.1M20.0M
Non Operating Income Net Other57.9M25.3M(9.0M)(12.0M)(13.8M)(13.1M)
Net Income Applicable To Common Shares629.3M(3.0M)57.6M(33.4M)(38.4M)(36.4M)
Tax Provision167.3M(7.6M)(10.3M)41.2M49.6M52.1M
Interest Income28.4M8.1M886K2.0M7.0M11.2M
Net Interest Income(7.3M)(19.3M)(18.7M)247K6.3M6.6M
Reconciled Depreciation43.7M28.0M47.2M34.2M37.9M34.2M

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When determining whether Ligand Pharmaceuticals is a strong investment it is important to analyze Ligand Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ligand Pharmaceuticals' future performance. For an informed investment choice regarding Ligand Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ligand Pharmaceuticals Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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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 Ligand Pharmaceuticals. If investors know Ligand 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 Ligand Pharmaceuticals 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
1.032
Earnings Share
2.49
Revenue Per Share
8.509
Quarterly Revenue Growth
0.576
Return On Assets
0.013
The market value of Ligand Pharmaceuticals is measured differently than its book value, which is the value of Ligand that is recorded on the company's balance sheet. Investors also form their own opinion of Ligand Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Ligand Pharmaceuticals' 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 Ligand Pharmaceuticals' market value can be influenced by many factors that don't directly affect Ligand Pharmaceuticals' 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 Ligand Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ligand Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ligand Pharmaceuticals' 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.