MannKind Historical Income Statement
MNKD Stock | USD 6.58 0.14 2.08% |
Historical analysis of MannKind Corp income statement accounts such as Gross Profit of 143 M can show how well MannKind Corp performed in making a profits. Evaluating MannKind Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MannKind Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MannKind Corp 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 MannKind Corp is a good buy for the upcoming year.
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About MannKind Income Statement Analysis
MannKind Corp 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 MannKind Corp shareholders. The income statement also shows MannKind 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).
MannKind Corp Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of MannKind Corp minus its cost of goods sold. It is profit before MannKind Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MannKind Corp. It is also known as MannKind Corp 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.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from MannKind Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MannKind Corp 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 MannKind 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 industry. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.At present, MannKind Corp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 208.9 M, whereas Total Operating Expenses is forecasted to decline to about 109.2 M.
2021 | 2023 | 2024 (projected) | Interest Income | 112K | 5.4M | 3.0M | Non Recurring | 106K | 95.4K | 90.6K |
MannKind Corp income statement Correlations
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MannKind Corp Account Relationship Matchups
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MannKind Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 71K | 3.0M | 3.3M | 6.3M | 4.5M | 8.2M | |
Interest Expense | 10.9M | 9.5M | 16.6M | 24.8M | 25.2M | 26.4M | |
Total Revenue | 63.0M | 65.1M | 75.4M | 99.8M | 199.0M | 208.9M | |
Gross Profit | 35.1M | 40.5M | 36.6M | 42.3M | 136.2M | 143.0M | |
Other Operating Expenses | 109.5M | 89.9M | 128.9M | 168.7M | 190.3M | 163.9M | |
Operating Income | (46.5M) | (24.8M) | (53.5M) | (68.9M) | 8.7M | 9.1M | |
Ebit | (46.5M) | (48.0M) | (64.3M) | (62.6M) | 10.6M | 11.1M | |
Research Development | 6.9M | 6.2M | 12.3M | 19.7M | 31.3M | 60.2M | |
Ebitda | (46.4M) | (45.0M) | (61.1M) | (56.3M) | 15.1M | 15.9M | |
Total Operating Expenses | 81.6M | 65.3M | 90.1M | 111.2M | 125.6M | 109.2M | |
Income Before Tax | (51.9M) | (57.5M) | (80.9M) | (87.4M) | (10.4M) | (10.9M) | |
Total Other Income Expense Net | (5.4M) | (9.5M) | (33.9M) | (23.3M) | (19.1M) | (20.0M) | |
Net Income | (59.7M) | (57.2M) | (91.8M) | (112.2M) | (11.9M) | (12.5M) | |
Income Tax Expense | 7.8M | (218K) | 10.9M | 24.8M | 1.6M | 1.5M | |
Selling General Administrative | 74.7M | 22.9M | 31.9M | 37.7M | 42.5M | 55.6M | |
Cost Of Revenue | 28.0M | 24.6M | 38.9M | 57.5M | 62.8M | 92.0M | |
Net Income From Continuing Ops | (51.9M) | (57.2M) | (80.9M) | (87.4M) | (31.3M) | (32.9M) | |
Non Operating Income Net Other | (1.0M) | (5.2M) | (18.7M) | (8.3M) | (7.5M) | (7.1M) | |
Net Income Applicable To Common Shares | (51.9M) | (57.2M) | (80.9M) | (87.4M) | (100.5M) | (105.5M) | |
Interest Income | 997K | 167K | 112K | 2.5M | 5.4M | 3.0M | |
Net Interest Income | (9.9M) | (9.3M) | (16.5M) | (22.3M) | (19.7M) | (20.7M) | |
Reconciled Depreciation | 2.2M | 3.3M | 5.5M | 9.1M | 8.4M | 5.5M |
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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 MannKind Corp is a strong investment it is important to analyze MannKind Corp's 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 MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MannKind 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 industry. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 MannKind Corp. If investors know MannKind 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 MannKind Corp 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 5.246 | Earnings Share 0.08 | Revenue Per Share 0.982 | Quarterly Revenue Growth 0.367 | Return On Assets 0.0912 |
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.