Opko Historical Income Statement
OPK Stock | USD 1.58 0.02 1.28% |
Historical analysis of Opko Health income statement accounts such as Gross Profit of 334 M can show how well Opko Health performed in making a profits. Evaluating Opko Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Opko Health's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Opko Health 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 Opko Health is a good buy for the upcoming year.
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About Opko Income Statement Analysis
Opko Health 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 Opko Health shareholders. The income statement also shows Opko 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).
Opko Health Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Opko Health 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 Opko Health. It is also known as Opko Health 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 Opko Health income statement and represents the costs associated with goods and services Opko Health 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Opko Health financial statement analysis. It represents the amount of money remaining after all of Opko Health operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Opko Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Opko Health 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.At this time, Opko Health's Total Operating Expenses is quite stable compared to the past year. Income Tax Expense is expected to rise to about 4.7 M this year, although the value of EBITDA is projected to rise to (62.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 596M | 534.4M | 574.7M | 603.4M | Cost Of Revenue | 1.2B | 716M | 545.4M | 284.8M |
Opko Health income statement Correlations
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Opko Health Account Relationship Matchups
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Opko Health income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 85.4M | 78.7M | 108.7M | 105.3M | 110.6M | |
Interest Expense | 21.5M | 21.9M | 18.9M | 12.1M | 13.5M | 14.2M | |
Total Revenue | 901.9M | 1.4B | 1.8B | 1.0B | 863.5M | 906.7M | |
Gross Profit | 329.4M | 541M | 581.5M | 288.2M | 318.1M | 334.0M | |
Other Operating Expenses | 1.1B | 1.4B | 1.8B | 1.3B | 1.0B | 1.1B | |
Operating Income | (196.6M) | 57.7M | (47.7M) | (246.2M) | (157.0M) | (149.2M) | |
Ebit | (54.5M) | 53.7M | 4.9M | (379.5M) | (170.8M) | (162.3M) | |
Ebitda | (54.3M) | 139.1M | 83.6M | (270.8M) | (65.5M) | (62.2M) | |
Cost Of Revenue | 572.5M | 894.4M | 1.2B | 716M | 545.4M | 284.8M | |
Total Operating Expenses | 526M | 487.3M | 596M | 534.4M | 574.7M | 603.4M | |
Net Income | (312M) | 30.6M | (29.5M) | (328M) | (188.9M) | (179.4M) | |
Income Tax Expense | 7.1M | 17.6M | 15.5M | (63.5M) | 4.4M | 4.7M | |
Selling General Administrative | 343.3M | 355.6M | 468.9M | 372.7M | 301.7M | 316.8M | |
Research Development | 117.9M | 75.3M | 76.8M | 73.9M | 89.6M | 50.0M | |
Income Before Tax | (304.9M) | 48.7M | (14M) | (391.5M) | (184.3M) | (175.1M) | |
Total Other Income Expense Net | (108.3M) | (9.0M) | (33.4M) | (165.3M) | (27.3M) | (28.7M) | |
Net Income From Continuing Ops | (312.0M) | 31.1M | (30.1M) | (328.4M) | (207.6M) | (197.2M) | |
Non Operating Income Net Other | (8.7M) | (9.4M) | 12.9M | (14.5M) | (16.7M) | (15.9M) | |
Net Income Applicable To Common Shares | (314.9M) | 30.6M | (30.1M) | (328.4M) | (295.6M) | (280.8M) | |
Tax Provision | 7.1M | 17.6M | 15.5M | (63.5M) | (6.5M) | (6.8M) | |
Interest Income | 1.7M | 152K | 28K | 2.0M | 4.2M | 5.1M | |
Net Interest Income | (19.8M) | (21.8M) | (18.9M) | (10.1M) | (9.1M) | (9.6M) | |
Reconciled Depreciation | 93.8M | 85.4M | 50.3M | 108.7M | 105.8M | 73.5M |
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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 Opko Health. If investors know Opko 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 Opko Health 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 0.191 | Earnings Share (0.19) | Revenue Per Share 0.998 | Quarterly Revenue Growth (0.03) | Return On Assets (0.09) |
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health'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 Opko Health's market value can be influenced by many factors that don't directly affect Opko Health'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 Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health'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.