Illumina Net Worth

Illumina Net Worth Breakdown

  ILMN
The net worth of Illumina is the difference between its total assets and liabilities. Illumina's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Illumina's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Illumina's net worth can be used as a measure of its financial health and stability which can help investors to decide if Illumina is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Illumina stock.

Illumina Net Worth Analysis

Illumina's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Illumina's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Illumina's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Illumina's net worth analysis. One common approach is to calculate Illumina's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Illumina's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Illumina's net worth. This approach calculates the present value of Illumina's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Illumina's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Illumina's net worth. This involves comparing Illumina's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Illumina's net worth relative to its peers.

Enterprise Value

1.57 Billion

To determine if Illumina is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Illumina's net worth research are outlined below:
Illumina currently holds 2.26 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Illumina has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Illumina's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 4.5 B. Net Loss for the year was (1.16 B) with profit before overhead, payroll, taxes, and interest of 3.15 B.
Over 95.0% of Illumina shares are owned by institutional investors
Latest headline from gurufocus.com: Myriad Genetics Announces Incorporation of its Proprietary HRD p

Illumina Quarterly Good Will

1.11 Billion

Illumina uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Illumina. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Illumina's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024
Upcoming Quarterly Report
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23rd of April 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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8th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Illumina's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Illumina is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Illumina backward and forwards among themselves. Illumina's institutional investor refers to the entity that pools money to purchase Illumina's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Primecap Management Company2024-09-30
2.5 M
Alliancebernstein L.p.2024-06-30
2.5 M
Corvex Management Lp2024-06-30
2.3 M
Norges Bank2024-06-30
2.1 M
Nuveen Asset Management, Llc2024-06-30
1.9 M
Bank Of America Corp2024-06-30
1.6 M
Legal & General Group Plc2024-06-30
1.6 M
Hhg Plc2024-06-30
1.5 M
Millennium Management Llc2024-06-30
1.5 M
Blackrock Inc2024-06-30
18.1 M
Vanguard Group Inc2024-09-30
15.9 M
Note, although Illumina's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Illumina's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 20.88 B.

Market Cap

1.61 Billion

Project Illumina's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.25)(0.24)
Return On Capital Employed(0.13)(0.12)
Return On Assets(0.11)(0.11)
Return On Equity(0.20)(0.19)
The company has Profit Margin (PM) of (0.36) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.24.
When accessing Illumina's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Illumina's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Illumina's profitability and make more informed investment decisions.

Evaluate Illumina's management efficiency

Illumina has return on total asset (ROA) of 0.0262 % which means that it generated a profit of $0.0262 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3951) %, meaning that it created substantial loss on money invested by shareholders. Illumina's management efficiency ratios could be used to measure how well Illumina manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of November 2024, Return On Tangible Assets is likely to grow to -0.24. In addition to that, Return On Capital Employed is likely to grow to -0.12. At this time, Illumina's Debt To Assets are very stable compared to the past year. As of the 21st of November 2024, Fixed Asset Turnover is likely to grow to 3.35, while Non Currrent Assets Other are likely to drop about 123.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 36.36  38.18 
Tangible Book Value Per Share 1.31  1.24 
Enterprise Value Over EBITDA(37.16)(35.30)
Price Book Value Ratio 3.72  5.32 
Enterprise Value Multiple(37.16)(35.30)
Price Fair Value 3.72  5.32 
Enterprise Value1.5 B1.6 B
Illumina has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue
5.2724
Revenue
4.4 B
Quarterly Revenue Growth
(0.04)
Revenue Per Share
27.654
Return On Equity
(0.40)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Illumina insiders, such as employees or executives, is commonly permitted as long as it does not rely on Illumina's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Illumina insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Illumina Corporate Filings

13A
12th of November 2024
An amended filing to the original Schedule 13G
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F4
7th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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10Q
6th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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F3
15th of October 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
Illumina time-series forecasting models is one of many Illumina's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Illumina's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Illumina Earnings per Share Projection vs Actual

Illumina Corporate Management

Steven HoffmanSegment SequencingProfile
Pat LeckmanInterim OfficerProfile
Ankur DhingraChief OfficerProfile
Nicole BerryHead RegionAmericasProfile
When determining whether Illumina offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Illumina's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Illumina Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Illumina Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illumina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Life Sciences Tools & Services 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 Illumina. If investors know Illumina 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 Illumina 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
(0.96)
Earnings Share
(9.98)
Revenue Per Share
27.654
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0262
The market value of Illumina is measured differently than its book value, which is the value of Illumina that is recorded on the company's balance sheet. Investors also form their own opinion of Illumina's value that differs from its market value or its book value, called intrinsic value, which is Illumina'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 Illumina's market value can be influenced by many factors that don't directly affect Illumina'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 Illumina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illumina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illumina'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.