MannKind Income Before Tax vs Interest Income Analysis

MNKD Stock  USD 6.58  0.14  2.08%   
MannKind Corp financial indicator trend analysis is infinitely more than just investigating MannKind Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MannKind Corp is a good investment. Please check the relationship between MannKind Corp Income Before Tax and its Interest Income accounts. 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.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MannKind Corp Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MannKind Corp's Income Before Tax and Interest Income is -0.64. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of MannKind Corp, assuming nothing else is changed. The correlation between historical values of MannKind Corp's Income Before Tax and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of MannKind Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., MannKind Corp's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on MannKind Corp income statement and is an important metric when analyzing MannKind Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from MannKind Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 77.44, whereas Issuance Of Capital Stock is forecasted to decline to about 6.9 M.
 2021 2023 2024 (projected)
Interest Income112K5.4M3.0M
Non Recurring106K95.4K90.6K

MannKind Corp fundamental ratios Correlations

-0.08-0.34-0.170.380.330.740.070.37-0.010.470.180.260.70.580.340.720.360.480.530.720.810.740.320.340.32
-0.080.630.52-0.41-0.51-0.63-0.690.04-0.530.29-0.58-0.59-0.150.26-0.1-0.21-0.14-0.26-0.640.070.11-0.21-0.130.340.27
-0.340.630.73-0.74-0.96-0.61-0.36-0.16-0.760.36-0.16-0.39-0.430.3-0.42-0.46-0.45-0.39-0.51-0.220.12-0.48-0.440.42-0.01
-0.170.520.73-0.14-0.75-0.36-0.12-0.35-0.29-0.08-0.24-0.11-0.01-0.08-0.030.06-0.520.15-0.17-0.06-0.020.03-0.53-0.11-0.24
0.38-0.41-0.74-0.140.640.610.28-0.20.8-0.510.120.290.66-0.40.610.780.040.710.690.28-0.110.760.01-0.62-0.19
0.33-0.51-0.96-0.750.640.440.240.190.68-0.360.110.350.28-0.280.450.320.490.370.340.16-0.110.330.48-0.370.07
0.74-0.63-0.61-0.360.610.440.490.20.380.160.40.480.770.240.270.80.270.480.870.560.460.810.25-0.010.03
0.07-0.69-0.36-0.120.280.240.490.280.3-0.280.050.870.3-0.270.040.30.310.140.330.05-0.160.30.3-0.34-0.21
0.370.04-0.16-0.35-0.20.190.20.28-0.270.39-0.460.420.180.34-0.220.040.65-0.3-0.320.650.250.130.650.390.78
-0.01-0.53-0.76-0.290.80.680.380.3-0.27-0.780.050.220.4-0.730.270.470.10.460.5-0.01-0.520.480.08-0.86-0.34
0.470.290.36-0.08-0.51-0.360.16-0.280.39-0.780.14-0.210.040.97-0.2-0.060.14-0.33-0.050.360.83-0.040.130.970.44
0.18-0.58-0.16-0.240.120.110.40.05-0.460.050.140.05-0.150.230.330.03-0.160.40.63-0.250.37-0.01-0.160.14-0.43
0.26-0.59-0.39-0.110.290.350.480.870.420.22-0.210.050.27-0.190.170.330.30.360.250.250.020.340.28-0.250.01
0.7-0.15-0.43-0.010.660.280.770.30.180.40.04-0.150.270.110.150.950.150.40.640.630.310.940.12-0.170.08
0.580.260.3-0.08-0.4-0.280.24-0.270.34-0.730.970.23-0.190.11-0.040.050.14-0.160.060.370.90.050.140.940.4
0.34-0.1-0.42-0.030.610.450.270.04-0.220.27-0.20.330.170.15-0.040.380.090.750.380.060.180.340.1-0.19-0.21
0.72-0.21-0.460.060.780.320.80.30.040.47-0.060.030.330.950.050.380.090.650.750.590.320.980.05-0.26-0.05
0.36-0.14-0.45-0.520.040.490.270.310.650.10.14-0.160.30.150.140.090.09-0.09-0.060.320.150.181.00.130.29
0.48-0.26-0.390.150.710.370.480.14-0.30.46-0.330.40.360.4-0.160.750.65-0.090.620.20.220.61-0.11-0.38-0.28
0.53-0.64-0.51-0.170.690.340.870.33-0.320.5-0.050.630.250.640.060.380.75-0.060.620.210.320.71-0.09-0.21-0.37
0.720.07-0.22-0.060.280.160.560.050.65-0.010.36-0.250.250.630.370.060.590.320.20.210.480.690.30.250.71
0.810.110.12-0.02-0.11-0.110.46-0.160.25-0.520.830.370.020.310.90.180.320.150.220.320.480.320.130.760.27
0.74-0.21-0.480.030.760.330.810.30.130.48-0.04-0.010.340.940.050.340.980.180.610.710.690.320.14-0.240.05
0.32-0.13-0.44-0.530.010.480.250.30.650.080.13-0.160.280.120.140.10.051.0-0.11-0.090.30.130.140.140.3
0.340.340.42-0.11-0.62-0.37-0.01-0.340.39-0.860.970.14-0.25-0.170.94-0.19-0.260.13-0.38-0.210.250.76-0.240.140.47
0.320.27-0.01-0.24-0.190.070.03-0.210.78-0.340.44-0.430.010.080.4-0.21-0.050.29-0.28-0.370.710.270.050.30.47
Click cells to compare fundamentals

MannKind Corp Account Relationship Matchups

MannKind Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.7M108.6M321.2M295.3M475.2M257.3M
Total Stockholder Equity(190.5M)(180.4M)(209.3M)(250.5M)(246.2M)(233.9M)
Retained Earnings(3.0B)(3.0B)(3.1B)(3.2B)(3.2B)(3.1B)
Other Assets2.2M3.3M5.2M9.7M8.7M9.2M
Common Stock Shares Outstanding195.6M222.6M249.2M257.1M267.0M280.4M
Liabilities And Stockholders Equity93.7M108.6M321.2M295.3M475.2M257.3M
Other Stockholder Equity2.8B2.9B2.9B3.0B3.0B2.0B
Total Liab284.3M289.0M530.5M545.8M721.4M757.4M
Other Current Liab23.3M30.8M33.6M44.0M63.9M67.1M
Total Current Liabilities65.6M73.7M48.3M67.3M104.1M92.4M
Other Liab102.2M95.9M106.4M105.2M121.0M127.0M
Property Plant And Equipment Net26.8M25.9M36.6M45.1M88.9M82.5M
Net Debt91.5M56.4M258.6M313.1M143.9M96.4M
Accounts Payable4.8M5.6M7.0M11.1M9.6M6.3M
Cash29.9M67.0M124.2M69.8M238.5M250.4M
Non Current Assets Total33.0M29.1M101.4M60.4M101.8M87.1M
Non Currrent Assets Other6.2M3.3M8.2M9.7M2.7M2.7M
Cash And Short Term Investments49.9M67.0M204.1M170.8M295.1M309.9M
Common Stock Total Equity2.1M2.4M2.5M2.6M3.0M2.1M
Non Current Liabilities Total218.6M215.3M482.2M478.5M617.2M648.1M
Other Current Assets3.2M3.3M7.0M25.5M34.8M36.6M
Property Plant And Equipment Gross26.8M25.9M134.3M143.7M185.8M93.2M
Total Current Assets60.8M79.5M219.7M234.9M373.4M392.1M
Common Stock2.1M2.4M2.5M2.6M2.7M2.1M
Property Plant Equipment26.8M25.9M36.6M45.1M40.6M38.6M
Current Deferred Revenue32.5M33.3M827K1.7M9.1M8.6M
Short Term Debt5.0M4.1M7.0M10.5M32.0M40.7M
Net Receivables3.5M4.2M5.0M16.8M14.9M7.9M
Short Long Term Debt Total121.4M123.4M382.7M382.9M382.4M243.4M
Inventory4.2M5.0M7.2M21.8M28.5M30.0M
Net Tangible Assets(190.5M)(180.4M)(209.3M)(254.1M)(228.7M)(240.1M)
Retained Earnings Total Equity(3.0B)(3.0B)(3.1B)(3.2B)(2.9B)(3.0B)
Capital Surpluse2.8B2.9B2.9B3.0B3.4B2.8B
Non Current Liabilities Other213.6M210.3M258.2M67.4M294.8M174.8M
Short Long Term Debt5.0M4.1M7.0M9.6M20M39.6M

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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.