Rigel Historical Balance Sheet

RIGL Stock  USD 27.61  0.27  0.97%   
Trend analysis of Rigel Pharmaceuticals balance sheet accounts such as Property Plant And Equipment Net of 974.7 K, Net Debt of 29.2 M, Accounts Payable of 4.3 M or Cash of 32.8 M provides information on Rigel Pharmaceuticals' total assets, liabilities, and equity, which is the actual value of Rigel Pharmaceuticals to its prevalent stockholders. By breaking down trends over time using Rigel Pharmaceuticals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Rigel 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 Rigel Pharmaceuticals is a good buy for the upcoming year.

Rigel Pharmaceuticals Inventory

5.8 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigel Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.

About Rigel Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Rigel Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Rigel Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rigel Pharmaceuticals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Rigel currently owns. An asset can also be divided into two categories, current and non-current.

Rigel Pharmaceuticals Balance Sheet Chart

At this time, Rigel Pharmaceuticals' Non Currrent Assets Other are quite stable compared to the past year. Net Receivables is expected to rise to about 32.1 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 974.7 K.

Total Assets

Total assets refers to the total amount of Rigel Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rigel Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Rigel Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rigel Pharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most accounts from Rigel Pharmaceuticals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Rigel Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Rigel Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.At this time, Rigel Pharmaceuticals' Non Currrent Assets Other are quite stable compared to the past year. Net Receivables is expected to rise to about 32.1 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 974.7 K.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total30.6M41.6M60.6M63.6M
Total Assets167.3M134.3M117.2M142.9M

Rigel Pharmaceuticals balance sheet Correlations

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-0.130.80.79-0.620.160.57-0.650.430.250.610.51-0.450.820.82-0.330.870.540.350.870.29-0.20.380.550.760.25
-0.270.80.91-0.75-0.040.57-0.750.60.120.430.31-0.530.830.82-0.340.890.530.460.930.29-0.310.290.630.870.26
-0.20.790.91-0.70.310.61-0.770.560.090.680.17-0.490.770.81-0.260.850.740.520.940.58-0.280.420.70.740.57
0.81-0.62-0.75-0.7-0.1-0.620.4-0.410.08-0.420.010.95-0.6-0.490.42-0.65-0.34-0.04-0.69-0.260.85-0.1-0.32-0.54-0.28
-0.030.16-0.040.31-0.10.33-0.09-0.15-0.250.77-0.33-0.11-0.050.120.10.060.650.130.160.88-0.120.530.27-0.180.58
-0.240.570.570.61-0.620.33-0.260.26-0.620.680.33-0.50.710.34-0.650.780.47-0.020.750.47-0.320.250.130.680.23
-0.01-0.65-0.75-0.770.4-0.09-0.26-0.48-0.4-0.39-0.250.21-0.6-0.94-0.1-0.6-0.59-0.88-0.69-0.260.04-0.35-0.89-0.53-0.26
-0.130.430.60.56-0.41-0.150.26-0.480.10.34-0.1-0.320.720.44-0.190.50.260.410.550.14-0.17-0.130.50.480.33
0.090.250.120.090.08-0.25-0.62-0.40.1-0.230.080.1-0.050.430.46-0.09-0.030.43-0.03-0.30.110.030.43-0.080.03
-0.080.610.430.68-0.420.770.68-0.390.34-0.230.02-0.330.550.47-0.220.580.740.310.640.79-0.190.460.510.360.65
0.370.510.310.170.01-0.330.33-0.25-0.10.080.020.180.450.37-0.30.53-0.060.070.41-0.340.360.06-0.020.6-0.26
0.93-0.45-0.53-0.490.95-0.11-0.50.21-0.320.1-0.330.18-0.41-0.30.34-0.42-0.190.12-0.46-0.180.960.04-0.18-0.29-0.23
-0.090.820.830.77-0.6-0.050.71-0.60.72-0.050.550.45-0.410.7-0.550.930.460.320.90.22-0.150.160.470.880.2
-0.040.820.820.81-0.490.120.34-0.940.440.430.470.37-0.30.7-0.010.720.60.740.780.29-0.090.380.850.630.24
0.18-0.33-0.34-0.260.420.1-0.65-0.1-0.190.46-0.22-0.30.34-0.55-0.01-0.58-0.290.32-0.48-0.130.2-0.30.18-0.60.23
-0.090.870.890.85-0.650.060.78-0.60.5-0.090.580.53-0.420.930.72-0.580.560.290.980.34-0.160.340.460.960.22
0.030.540.530.74-0.340.650.47-0.590.26-0.030.74-0.06-0.190.460.6-0.290.560.550.650.85-0.050.850.70.410.37
0.250.350.460.52-0.040.13-0.02-0.880.410.430.310.070.120.320.740.320.290.550.390.260.210.370.910.240.23
-0.140.870.930.94-0.690.160.75-0.690.55-0.030.640.41-0.460.90.78-0.480.980.650.390.44-0.210.390.570.910.36
-0.020.290.290.58-0.260.880.47-0.260.14-0.30.79-0.34-0.180.220.29-0.130.340.850.260.44-0.120.660.440.160.58
0.99-0.2-0.31-0.280.85-0.12-0.320.04-0.170.11-0.190.360.96-0.15-0.090.2-0.16-0.050.21-0.21-0.120.11-0.07-0.04-0.18
0.160.380.290.42-0.10.530.25-0.35-0.130.030.460.060.040.160.38-0.30.340.850.370.390.660.110.470.260.02
-0.010.550.630.7-0.320.270.13-0.890.50.430.51-0.02-0.180.470.850.180.460.70.910.570.44-0.070.470.350.33
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-0.110.250.260.57-0.280.580.23-0.260.330.030.65-0.26-0.230.20.240.230.220.370.230.360.58-0.180.020.330.06
Click cells to compare fundamentals

Rigel Pharmaceuticals Account Relationship Matchups

Rigel Pharmaceuticals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets147.6M110.4M167.3M134.3M117.2M142.9M
Other Current Liab21.5M16.9M37.4M39.1M36.2M38.0M
Total Current Liabilities58.2M40.8M63.6M65.2M53.3M55.9M
Total Stockholder Equity53.8M34.0M30.4M(13.6M)(28.6M)(27.2M)
Property Plant And Equipment Net27.9M20.6M11.9M2.8M1.0M974.7K
Net Debt13.8M8.7M11.7M17.1M27.8M29.2M
Retained Earnings(1.3B)(1.3B)(1.3B)(1.4B)(1.4B)(1.3B)
Accounts Payable4.2M3.7M3.8M22.5M7.1M4.3M
Cash22.5M30.4M18.9M24.5M32.8M32.8M
Non Current Assets Total28.6M21.4M12.9M18.4M18.0M9.2M
Non Currrent Assets Other696K824K974K640K3.1M3.2M
Cash And Short Term Investments98.1M57.3M125.0M58.2M56.9M54.1M
Net Receivables10.1M16.0M15.5M40.3M30.6M32.1M
Common Stock Total Equity168K169K172K174K200.1K210.1K
Common Stock Shares Outstanding167.4M16.9M17.0M17.2M17.4M16.5M
Liabilities And Stockholders Equity147.6M110.4M167.3M134.3M117.2M142.9M
Non Current Liabilities Total35.5M35.5M73.4M82.7M92.6M97.2M
Other Current Assets9.5M14.0M14.8M8.3M6.3M4.3M
Other Stockholder Equity1.3B1.3B1.4B1.4B1.4B868.0M
Total Liab93.8M76.4M137.0M147.9M145.9M153.2M
Property Plant And Equipment Gross27.9M20.6M26.4M13.6M2.7M2.6M
Total Current Assets119.0M89.0M154.5M115.9M99.3M133.6M
Accumulated Other Comprehensive Income23K(4K)(102K)(153K)8K8.4K
Common Stock168K169K172K174K175K91.4K
Other Liab1.5M6.5M5.0M52.7M60.6M63.7M
Current Deferred Revenue25.3M3.0M2.6M13.5M1.4M1.3M
Other Assets696K824K974K640K576K547.2K
Short Term Investments75.6M27.0M106.1M33.7M24.1M22.9M
Property Plant Equipment2.2M2.7M11.9M857K771.3K732.7K
Net Tangible Assets74.4M44.7M30.4M(28.6M)(25.7M)(24.4M)
Retained Earnings Total Equity(1.3B)(1.3B)(1.3B)(1.4B)(1.2B)(1.3B)
Capital Surpluse1.3B1.3B1.4B1.4B1.6B1.3B
Inventory1.4M1.6M6.6M9.1M5.5M5.8M
Net Invested Capital63.6M53.8M50.3M25.8M31.0M49.7M
Net Working Capital60.8M48.1M90.9M50.7M46.0M57.7M

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When determining whether Rigel Pharmaceuticals is a strong investment it is important to analyze Rigel 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 Rigel Pharmaceuticals' future performance. For an informed investment choice regarding Rigel Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigel Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 Rigel Pharmaceuticals. If investors know Rigel 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 Rigel 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
(0.48)
Earnings Share
0.27
Revenue Per Share
8.979
Quarterly Revenue Growth
0.966
Return On Assets
0.0461
The market value of Rigel Pharmaceuticals is measured differently than its book value, which is the value of Rigel that is recorded on the company's balance sheet. Investors also form their own opinion of Rigel Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Rigel 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 Rigel Pharmaceuticals' market value can be influenced by many factors that don't directly affect Rigel 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 Rigel Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigel Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigel 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.