Rigel Net Debt vs Gross Profit Margin Analysis

RIGL Stock

USD 27.61 0.27 0.97%

Rigel Pharmaceuticals financial indicator trend analysis is much more than just breaking down Rigel Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rigel Pharmaceuticals is a good investment. Please check the relationship between Rigel Pharmaceuticals Net Debt and its Gross Profit Margin accounts. 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.

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rigel Pharmaceuticals Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have weak relationship.

The correlation between Rigel Pharmaceuticals' Net Debt and Gross Profit Margin is 0.34. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Rigel Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Rigel Pharmaceuticals' Net Debt and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Rigel Pharmaceuticals are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Rigel Pharmaceuticals' Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Gross Profit Margin

Most indicators from Rigel Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to grow at the current pace this year, although the value of Sales General And Administrative To Revenue will most likely fall to 1.34.

	2022	2023	2024 (projected)
Interest Income	684K	2.0M	1.2M
Non Recurring	1.3M	1.2M	1.1M

Interest Income Non Recurring

Rigel Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Current Deferred Revenue
Total Assets		-0.13	-0.27	-0.2	0.81	-0.03	-0.24	-0.01	-0.13	0.09	-0.08	0.37	0.93	-0.09	-0.04	0.18	-0.09	0.03	0.25	-0.14	-0.02	0.99	0.16	-0.01	0.0	-0.11
Short Long Term Debt Total	-0.13		0.8	0.79	-0.62	0.16	0.57	-0.65	0.43	0.25	0.61	0.51	-0.45	0.82	0.82	-0.33	0.87	0.54	0.35	0.87	0.29	-0.2	0.38	0.55	0.76	0.25
Other Current Liab	-0.27	0.8		0.91	-0.75	-0.04	0.57	-0.75	0.6	0.12	0.43	0.31	-0.53	0.83	0.82	-0.34	0.89	0.53	0.46	0.93	0.29	-0.31	0.29	0.63	0.87	0.26
Total Current Liabilities	-0.2	0.79	0.91		-0.7	0.31	0.61	-0.77	0.56	0.09	0.68	0.17	-0.49	0.77	0.81	-0.26	0.85	0.74	0.52	0.94	0.58	-0.28	0.42	0.7	0.74	0.57
Total Stockholder Equity	0.81	-0.62	-0.75	-0.7		-0.1	-0.62	0.4	-0.41	0.08	-0.42	0.01	0.95	-0.6	-0.49	0.42	-0.65	-0.34	-0.04	-0.69	-0.26	0.85	-0.1	-0.32	-0.54	-0.28
Property Plant And Equipment Net	-0.03	0.16	-0.04	0.31	-0.1		0.33	-0.09	-0.15	-0.25	0.77	-0.33	-0.11	-0.05	0.12	0.1	0.06	0.65	0.13	0.16	0.88	-0.12	0.53	0.27	-0.18	0.58
Net Debt	-0.24	0.57	0.57	0.61	-0.62	0.33		-0.26	0.26	-0.62	0.68	0.33	-0.5	0.71	0.34	-0.65	0.78	0.47	-0.02	0.75	0.47	-0.32	0.25	0.13	0.68	0.23
Retained Earnings	-0.01	-0.65	-0.75	-0.77	0.4	-0.09	-0.26		-0.48	-0.4	-0.39	-0.25	0.21	-0.6	-0.94	-0.1	-0.6	-0.59	-0.88	-0.69	-0.26	0.04	-0.35	-0.89	-0.53	-0.26
Accounts Payable	-0.13	0.43	0.6	0.56	-0.41	-0.15	0.26	-0.48		0.1	0.34	-0.1	-0.32	0.72	0.44	-0.19	0.5	0.26	0.41	0.55	0.14	-0.17	-0.13	0.5	0.48	0.33
Cash	0.09	0.25	0.12	0.09	0.08	-0.25	-0.62	-0.4	0.1		-0.23	0.08	0.1	-0.05	0.43	0.46	-0.09	-0.03	0.43	-0.03	-0.3	0.11	0.03	0.43	-0.08	0.03
Non Current Assets Total	-0.08	0.61	0.43	0.68	-0.42	0.77	0.68	-0.39	0.34	-0.23		0.02	-0.33	0.55	0.47	-0.22	0.58	0.74	0.31	0.64	0.79	-0.19	0.46	0.51	0.36	0.65
Non Currrent Assets Other	0.37	0.51	0.31	0.17	0.01	-0.33	0.33	-0.25	-0.1	0.08	0.02		0.18	0.45	0.37	-0.3	0.53	-0.06	0.07	0.41	-0.34	0.36	0.06	-0.02	0.6	-0.26
Cash And Short Term Investments	0.93	-0.45	-0.53	-0.49	0.95	-0.11	-0.5	0.21	-0.32	0.1	-0.33	0.18		-0.41	-0.3	0.34	-0.42	-0.19	0.12	-0.46	-0.18	0.96	0.04	-0.18	-0.29	-0.23
Net Receivables	-0.09	0.82	0.83	0.77	-0.6	-0.05	0.71	-0.6	0.72	-0.05	0.55	0.45	-0.41		0.7	-0.55	0.93	0.46	0.32	0.9	0.22	-0.15	0.16	0.47	0.88	0.2
Common Stock Total Equity	-0.04	0.82	0.82	0.81	-0.49	0.12	0.34	-0.94	0.44	0.43	0.47	0.37	-0.3	0.7		-0.01	0.72	0.6	0.74	0.78	0.29	-0.09	0.38	0.85	0.63	0.24
Common Stock Shares Outstanding	0.18	-0.33	-0.34	-0.26	0.42	0.1	-0.65	-0.1	-0.19	0.46	-0.22	-0.3	0.34	-0.55	-0.01		-0.58	-0.29	0.32	-0.48	-0.13	0.2	-0.3	0.18	-0.6	0.23
Non Current Liabilities Total	-0.09	0.87	0.89	0.85	-0.65	0.06	0.78	-0.6	0.5	-0.09	0.58	0.53	-0.42	0.93	0.72	-0.58		0.56	0.29	0.98	0.34	-0.16	0.34	0.46	0.96	0.22
Other Current Assets	0.03	0.54	0.53	0.74	-0.34	0.65	0.47	-0.59	0.26	-0.03	0.74	-0.06	-0.19	0.46	0.6	-0.29	0.56		0.55	0.65	0.85	-0.05	0.85	0.7	0.41	0.37
Other Stockholder Equity	0.25	0.35	0.46	0.52	-0.04	0.13	-0.02	-0.88	0.41	0.43	0.31	0.07	0.12	0.32	0.74	0.32	0.29	0.55		0.39	0.26	0.21	0.37	0.91	0.24	0.23
Total Liab	-0.14	0.87	0.93	0.94	-0.69	0.16	0.75	-0.69	0.55	-0.03	0.64	0.41	-0.46	0.9	0.78	-0.48	0.98	0.65	0.39		0.44	-0.21	0.39	0.57	0.91	0.36
Property Plant And Equipment Gross	-0.02	0.29	0.29	0.58	-0.26	0.88	0.47	-0.26	0.14	-0.3	0.79	-0.34	-0.18	0.22	0.29	-0.13	0.34	0.85	0.26	0.44		-0.12	0.66	0.44	0.16	0.58
Total Current Assets	0.99	-0.2	-0.31	-0.28	0.85	-0.12	-0.32	0.04	-0.17	0.11	-0.19	0.36	0.96	-0.15	-0.09	0.2	-0.16	-0.05	0.21	-0.21	-0.12		0.11	-0.07	-0.04	-0.18
Short Term Debt	0.16	0.38	0.29	0.42	-0.1	0.53	0.25	-0.35	-0.13	0.03	0.46	0.06	0.04	0.16	0.38	-0.3	0.34	0.85	0.37	0.39	0.66	0.11		0.47	0.26	0.02
Common Stock	-0.01	0.55	0.63	0.7	-0.32	0.27	0.13	-0.89	0.5	0.43	0.51	-0.02	-0.18	0.47	0.85	0.18	0.46	0.7	0.91	0.57	0.44	-0.07	0.47		0.35	0.33
Other Liab	0.0	0.76	0.87	0.74	-0.54	-0.18	0.68	-0.53	0.48	-0.08	0.36	0.6	-0.29	0.88	0.63	-0.6	0.96	0.41	0.24	0.91	0.16	-0.04	0.26	0.35		0.06
Current Deferred Revenue	-0.11	0.25	0.26	0.57	-0.28	0.58	0.23	-0.26	0.33	0.03	0.65	-0.26	-0.23	0.2	0.24	0.23	0.22	0.37	0.23	0.36	0.58	-0.18	0.02	0.33	0.06

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Rigel Pharmaceuticals Account Relationship Matchups

Rigel Pharmaceuticals fundamental ratios 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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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:

How To Invest In Rigel

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Is Rigel Stock a good investment?

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What is Rigel Pharmaceuticals' Net Worth?

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.

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Rigel Net Debt vs Gross Profit Margin Analysis

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Net Debt

Gross Profit Margin

Rigel Pharmaceuticals fundamental ratios Correlations

Rigel Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rigel Pharmaceuticals fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Total Current Assets	+ 0.96	Cash And Short Term Investments
Other Liab	+ 0.96	Non Current Liabilities Total
Cash And Short Term Investments	+ 0.95	Total Stockholder Equity
Total Liab	+ 0.94	Total Current Liabilities

Common Stock Total Equity	- 0.94	Retained Earnings
Common Stock	- 0.89	Retained Earnings
Other Stockholder Equity	- 0.88	Retained Earnings
Retained Earnings	- 0.77	Total Current Liabilities
Retained Earnings	- 0.75	Other Current Liab
Total Stockholder Equity	- 0.75	Other Current Liab