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.
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.
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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
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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 Total | 30.6M | 41.6M | 60.6M | 63.6M | Total Assets | 167.3M | 134.3M | 117.2M | 142.9M |
Rigel Pharmaceuticals balance sheet Correlations
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Rigel Pharmaceuticals Account Relationship Matchups
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Rigel Pharmaceuticals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 147.6M | 110.4M | 167.3M | 134.3M | 117.2M | 142.9M | |
Other Current Liab | 21.5M | 16.9M | 37.4M | 39.1M | 36.2M | 38.0M | |
Total Current Liabilities | 58.2M | 40.8M | 63.6M | 65.2M | 53.3M | 55.9M | |
Total Stockholder Equity | 53.8M | 34.0M | 30.4M | (13.6M) | (28.6M) | (27.2M) | |
Property Plant And Equipment Net | 27.9M | 20.6M | 11.9M | 2.8M | 1.0M | 974.7K | |
Net Debt | 13.8M | 8.7M | 11.7M | 17.1M | 27.8M | 29.2M | |
Retained Earnings | (1.3B) | (1.3B) | (1.3B) | (1.4B) | (1.4B) | (1.3B) | |
Accounts Payable | 4.2M | 3.7M | 3.8M | 22.5M | 7.1M | 4.3M | |
Cash | 22.5M | 30.4M | 18.9M | 24.5M | 32.8M | 32.8M | |
Non Current Assets Total | 28.6M | 21.4M | 12.9M | 18.4M | 18.0M | 9.2M | |
Non Currrent Assets Other | 696K | 824K | 974K | 640K | 3.1M | 3.2M | |
Cash And Short Term Investments | 98.1M | 57.3M | 125.0M | 58.2M | 56.9M | 54.1M | |
Net Receivables | 10.1M | 16.0M | 15.5M | 40.3M | 30.6M | 32.1M | |
Common Stock Total Equity | 168K | 169K | 172K | 174K | 200.1K | 210.1K | |
Common Stock Shares Outstanding | 167.4M | 16.9M | 17.0M | 17.2M | 17.4M | 16.5M | |
Liabilities And Stockholders Equity | 147.6M | 110.4M | 167.3M | 134.3M | 117.2M | 142.9M | |
Non Current Liabilities Total | 35.5M | 35.5M | 73.4M | 82.7M | 92.6M | 97.2M | |
Other Current Assets | 9.5M | 14.0M | 14.8M | 8.3M | 6.3M | 4.3M | |
Other Stockholder Equity | 1.3B | 1.3B | 1.4B | 1.4B | 1.4B | 868.0M | |
Total Liab | 93.8M | 76.4M | 137.0M | 147.9M | 145.9M | 153.2M | |
Property Plant And Equipment Gross | 27.9M | 20.6M | 26.4M | 13.6M | 2.7M | 2.6M | |
Total Current Assets | 119.0M | 89.0M | 154.5M | 115.9M | 99.3M | 133.6M | |
Accumulated Other Comprehensive Income | 23K | (4K) | (102K) | (153K) | 8K | 8.4K | |
Common Stock | 168K | 169K | 172K | 174K | 175K | 91.4K | |
Other Liab | 1.5M | 6.5M | 5.0M | 52.7M | 60.6M | 63.7M | |
Current Deferred Revenue | 25.3M | 3.0M | 2.6M | 13.5M | 1.4M | 1.3M | |
Other Assets | 696K | 824K | 974K | 640K | 576K | 547.2K | |
Short Term Investments | 75.6M | 27.0M | 106.1M | 33.7M | 24.1M | 22.9M | |
Property Plant Equipment | 2.2M | 2.7M | 11.9M | 857K | 771.3K | 732.7K | |
Net Tangible Assets | 74.4M | 44.7M | 30.4M | (28.6M) | (25.7M) | (24.4M) | |
Retained Earnings Total Equity | (1.3B) | (1.3B) | (1.3B) | (1.4B) | (1.2B) | (1.3B) | |
Capital Surpluse | 1.3B | 1.3B | 1.4B | 1.4B | 1.6B | 1.3B | |
Inventory | 1.4M | 1.6M | 6.6M | 9.1M | 5.5M | 5.8M | |
Net Invested Capital | 63.6M | 53.8M | 50.3M | 25.8M | 31.0M | 49.7M | |
Net Working Capital | 60.8M | 48.1M | 90.9M | 50.7M | 46.0M | 57.7M |
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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 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.