Neurocrine Biosciences Financials

NBIX Stock  USD 116.08  0.56  0.48%   
Based on the key indicators related to Neurocrine Biosciences' liquidity, profitability, solvency, and operating efficiency, Neurocrine Biosciences is doing better financially today then in previous quarter. It has a moderate odds of reporting better financial numbers in November. At this time, Neurocrine Biosciences' Cash And Short Term Investments are fairly stable compared to the past year. Net Receivables is likely to rise to about 461.3 M in 2024, whereas Retained Earnings are likely to drop (165 M) in 2024. Key indicators impacting Neurocrine Biosciences' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.30.1919
Way Up
Slightly volatile
Current Ratio2.332.4542
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Neurocrine Biosciences includes many different criteria found on its balance sheet. An individual investor should monitor Neurocrine Biosciences' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Neurocrine Biosciences.

Net Income

262.19 Million

  
Understanding current and past Neurocrine Biosciences Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Neurocrine Biosciences' financial statements are interrelated, with each one affecting the others. For example, an increase in Neurocrine Biosciences' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Neurocrine Biosciences' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Neurocrine Biosciences. Check Neurocrine Biosciences' Beneish M Score to see the likelihood of Neurocrine Biosciences' management manipulating its earnings.

Neurocrine Biosciences Stock Summary

Neurocrine Biosciences competes with Terns Pharmaceuticals, and Wave Life. Neurocrine Biosciences, Inc. discovers, develops, and markets pharmaceuticals for neurological, endocrine, and psychiatric disorders. Neurocrine Biosciences, Inc. was incorporated in 1992 and is headquartered in San Diego, California. Neurocrine Bioscienc operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 1150 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS64125C1099
CUSIP64125C109
LocationCalifornia; U.S.A
Business Address12780 El Camino
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.neurocrine.com
Phone858 617 7600
CurrencyUSD - US Dollar

Neurocrine Biosciences Key Financial Ratios

Neurocrine Biosciences Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.7B2.1B2.4B3.3B3.4B
Other Current Liab156.5M147.1M194.3M292M35.9M42.1M
Net Debt383.2M(388.7M)99.6M169.4M177.3M186.2M
Retained Earnings(1.1B)(725.4M)(635.8M)(406.8M)(157.1M)(165.0M)
Accounts Payable46.2M39.4M51.5M76.3M108.9M114.3M
Cash112.3M801M340.8M262.9M251.1M131.9M
Net Receivables126.6M157.1M185.5M350M439.3M461.3M
Other Current Assets160.5M215.2M261.5M464.2M97.8M61.5M
Total Liab669.1M608.5M698.5M660.9M1.0B1.1B
Total Current Assets831M1.0B972.8M1.5B1.6B1.7B
Short Term Debt408.8M10.3M16.5M169.4M170.1M178.6M
Other Liab17.1M9.7M12.3M29.7M34.2M24.8M
Other Assets59.1M674M319.5M330.9M380.5M399.6M
Long Term Debt388.5M408.8M317.9M335.1M385.4M404.6M
Common Stock89K91K92K100K115K69.6K
Net Tangible Assets228.1M1.1B1.4B1.7B1.9B2.0B
Capital Surpluse1.8B1.8B2.0B2.1B2.4B1.6B
Inventory17.3M28M30.5M35.1M38.3M40.2M

Neurocrine Biosciences Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense32M32.8M25.8M7.1M4.6M7.4M
Total Revenue788.1M1.0B1.1B1.5B1.9B2.0B
Gross Profit780.7M1.0B1.1B1.5B1.8B1.9B
Operating Income219.1M318.9M196.9M249M250.9M263.4M
Ebit219.1M318.9M196.9M249M394.8M414.5M
Research Development200M275M328.1M463.8M565M593.3M
Ebitda226.6M327.5M207.8M264.6M416.1M436.9M
Cost Of Revenue7.4M10.1M14.3M23.2M39.7M38.9M
Income Before Tax46.5M106.7M101.4M213.9M332.1M348.7M
Net Income37M407.3M89.6M154.5M249.7M262.2M
Income Tax Expense9.5M(300.6M)11.8M59.4M82.4M86.5M
Net Interest Income(32.0M)(32.8M)(25.8M)(7.1M)(4.6M)(4.8M)
Tax Provision9.5M(300.6M)11.8M59.4M60.8M63.8M

Neurocrine Biosciences Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Neurocrine Biosciences. It measures of how well Neurocrine is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Neurocrine Biosciences brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Neurocrine had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Neurocrine Biosciences has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(31.7M)74.8M153.7M(73.3M)(11.6M)(11.0M)
Free Cash Flow137.3M217.6M233.1M322.9M361.6M379.7M
Depreciation7.5M8.6M10.9M15.6M21.3M22.4M
Other Non Cash Items21.1M61.2M800K44.5M(46.9M)(44.6M)
Capital Expenditures14.7M10.9M23.4M16.5M28.3M29.7M
Net Income37.0M407.3M89.6M154.5M249.7M262.2M
End Period Cash Flow115.5M190.3M344M270.7M259.1M272.1M
Change To Inventory(6.4M)(10.7M)(2.5M)(2.6M)5.4M5.7M
Investments(127.5M)15M(102.2M)(110.2M)(380.9M)(361.9M)
Change Receivables(69.2M)(30.5M)(28.4M)(162.2M)(146.0M)(138.7M)
Change To Netincome76.0M(188.6M)142.9M266.3M306.2M321.6M

Neurocrine Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Neurocrine Biosciences's current stock value. Our valuation model uses many indicators to compare Neurocrine Biosciences value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Neurocrine Biosciences competition to find correlations between indicators driving Neurocrine Biosciences's intrinsic value. More Info.
Neurocrine Biosciences is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.74  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Neurocrine Biosciences is roughly  1.35 . At this time, Neurocrine Biosciences' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Neurocrine Biosciences' earnings, one of the primary drivers of an investment's value.

Neurocrine Biosciences Systematic Risk

Neurocrine Biosciences' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Neurocrine Biosciences volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Neurocrine Biosciences correlated with the market. If Beta is less than 0 Neurocrine Biosciences generally moves in the opposite direction as compared to the market. If Neurocrine Biosciences Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Neurocrine Biosciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Neurocrine Biosciences is generally in the same direction as the market. If Beta > 1 Neurocrine Biosciences moves generally in the same direction as, but more than the movement of the benchmark.

Neurocrine Biosciences Thematic Clasifications

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Today, most investors in Neurocrine Biosciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Neurocrine Biosciences' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Neurocrine Biosciences growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.83

At this time, Neurocrine Biosciences' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Neurocrine Biosciences October 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Neurocrine Biosciences help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Neurocrine Biosciences. We use our internally-developed statistical techniques to arrive at the intrinsic value of Neurocrine Biosciences based on widely used predictive technical indicators. In general, we focus on analyzing Neurocrine Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Neurocrine Biosciences's daily price indicators and compare them against related drivers.

Additional Tools for Neurocrine Stock Analysis

When running Neurocrine Biosciences' price analysis, check to measure Neurocrine Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neurocrine Biosciences is operating at the current time. Most of Neurocrine Biosciences' value examination focuses on studying past and present price action to predict the probability of Neurocrine Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neurocrine Biosciences' price. Additionally, you may evaluate how the addition of Neurocrine Biosciences to your portfolios can decrease your overall portfolio volatility.