NeoGenomics Financial Statements From 2010 to 2024

NEO Stock  USD 17.74  0.56  3.26%   
NeoGenomics financial statements provide useful quarterly and yearly information to potential NeoGenomics investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NeoGenomics financial statements helps investors assess NeoGenomics' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting NeoGenomics' valuation are summarized below:
Gross Profit
187.9 M
Profit Margin
(0.12)
Market Capitalization
2.2 B
Enterprise Value Revenue
3.713
Revenue
644.1 M
We have found one hundred twenty available fundamental ratios for NeoGenomics, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check NeoGenomics' last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 28th of November 2024, Market Cap is likely to grow to about 3.9 B. Also, Enterprise Value is likely to grow to about 742 M

NeoGenomics Total Revenue

621.23 Million

Check NeoGenomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NeoGenomics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.2 M, Interest Expense of 7.3 M or Selling General Administrative of 255.3 M, as well as many indicators such as Price To Sales Ratio of 3.26, Dividend Yield of 0.0 or PTB Ratio of 2.05. NeoGenomics financial statements analysis is a perfect complement when working with NeoGenomics Valuation or Volatility modules.
  
Check out the analysis of NeoGenomics Correlation against competitors.
To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.

NeoGenomics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 B1.7 B698.6 M
Slightly volatile
Total Current Liabilities101.1 M96.3 M51.1 M
Slightly volatile
Accounts Payable11.8 M20.3 M17.4 M
Slightly volatile
Cash359.6 M342.5 M119 M
Slightly volatile
Cash And Short Term Investments436 M415.2 M158.4 M
Slightly volatile
Common Stock Total Equity102.7 K114.3 K168.9 K
Slightly volatile
Common Stock Shares Outstanding131.8 M125.5 M81.8 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B1.7 B698.6 M
Slightly volatile
Non Current Liabilities Total675.6 M643.4 M228.5 M
Slightly volatile
Total Liabilities776.7 M739.7 M279.5 M
Slightly volatile
Total Current Assets626.7 M596.8 M248.9 M
Slightly volatile
Common Stock102.7 K114.3 K168.9 K
Slightly volatile
Property Plant And Equipment Net193 M183.8 M82.4 M
Slightly volatile
Non Current Assets Total1.1 B1.1 B449.6 M
Slightly volatile
Other Current Assets27.5 M26.2 M10.5 M
Slightly volatile
Property Plant And Equipment Gross359.1 M342 M118.8 M
Slightly volatile
Property Plant Equipment123.8 M117.9 M60.8 M
Slightly volatile
Short and Long Term Debt Total642.3 M611.7 M219.1 M
Slightly volatile
Other Assets3.8 M5.9 M5.5 M
Slightly volatile
Net Receivables137.8 M131.2 M67 M
Slightly volatile
Inventory25.4 M24.2 M11.8 M
Slightly volatile
Short Term DebtM11.2 M10 M
Pretty Stable
Long Term Debt565.1 M538.2 M184.9 M
Slightly volatile
Other Liabilities57.7 M55 M21.6 M
Slightly volatile
Long Term Debt Total646.4 M615.6 M195.2 M
Slightly volatile
Capital Surpluse1.4 B1.3 B500.2 M
Slightly volatile
Capital Lease Obligations77.2 M73.5 M27.9 M
Slightly volatile
Short and Long Term Debt3.9 M5.8 M3.1 M
Slightly volatile
Warrants30.8 M37.5 M30.6 M
Slightly volatile
Non Current Liabilities Other13.3 M13 M28.3 M
Slightly volatile
Net Invested Capital1.6 B1.5 B542.1 M
Slightly volatile
Net Working Capital362.2 M500.5 M201.1 M
Slightly volatile
Capital Stock126.3 K146.1 K105.8 K
Slightly volatile

NeoGenomics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization76.2 M72.6 M30.2 M
Slightly volatile
Interest Expense7.3 M6.9 M3.9 M
Slightly volatile
Selling General Administrative255.3 M243.1 M105.9 M
Slightly volatile
Total Revenue621.2 M591.6 M279.8 M
Slightly volatile
Gross Profit256.8 M244.6 M118.6 M
Slightly volatile
Other Operating Expenses722.7 M688.3 M309.9 M
Slightly volatile
Cost Of Revenue364.4 M347 M161.1 M
Slightly volatile
Total Operating Expenses358.3 M341.3 M148.8 M
Slightly volatile
Selling And Marketing Expenses74.4 M70.8 M33.5 M
Slightly volatile
Non Recurring2.4 M4.1 M3.6 M
Pretty Stable
Interest Income17.7 M16.9 M5.2 M
Slightly volatile
Preferred Stock And Other Adjustments8.8 M11.7 M6.2 M
Slightly volatile
Reconciled Depreciation48 M72.6 M34.1 M
Slightly volatile
Extraordinary Items2.4 M2.7 M2.9 M
Slightly volatile

NeoGenomics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow276.3 M263.2 M92.2 M
Slightly volatile
Depreciation76.2 M72.6 M28.5 M
Slightly volatile
Other Non Cash Items15 M14.3 M6.9 M
Slightly volatile
End Period Cash Flow359.6 M342.5 M120.5 M
Slightly volatile
Stock Based Compensation25.9 M24.6 M9.6 M
Slightly volatile
Issuance Of Capital Stock4.4 M4.6 M137.4 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.263.43224.2082
Slightly volatile
PTB Ratio2.052.15675.5194
Slightly volatile
Days Sales Outstanding70.2280.957492.3205
Pretty Stable
Book Value Per Share7.887.50223.9057
Slightly volatile
Average Payables4.9 M4.7 M4.6 M
Slightly volatile
Stock Based Compensation To Revenue0.04370.04160.0262
Slightly volatile
Capex To Depreciation0.460.39610.6273
Pretty Stable
PB Ratio2.052.15675.5194
Slightly volatile
EV To Sales3.693.88724.4651
Slightly volatile
Inventory Turnover21.0514.366616.1139
Slightly volatile
Days Of Inventory On Hand17.5925.406224.0416
Slightly volatile
Payables Turnover17.9217.066910.6647
Slightly volatile
Sales General And Administrative To Revenue0.740.41090.6553
Slightly volatile
Average Inventory516.6 K492 K505.5 K
Slightly volatile
Research And Ddevelopement To Revenue0.07440.04620.0661
Slightly volatile
Capex To Revenue0.04620.04860.0507
Slightly volatile
Cash Per Share3.473.30831.3808
Slightly volatile
Days Payables Outstanding20.3221.386442.9683
Slightly volatile
Intangibles To Total Assets0.350.53290.3851
Slightly volatile
Current Ratio6.516.19723.6809
Slightly volatile
Receivables Turnover5.134.50854.1448
Pretty Stable
Graham Number11.4210.87733.6267
Slightly volatile
Shareholders Equity Per Share7.887.50223.9057
Slightly volatile
Debt To Equity0.550.57760.4033
Pretty Stable
Capex Per Share0.240.22910.1611
Slightly volatile
Average Receivables4.7 M4.4 M4.7 M
Slightly volatile
Revenue Per Share4.954.71422.8569
Slightly volatile
Interest Debt Per Share4.614.38811.726
Slightly volatile
Debt To Assets0.280.32350.2053
Slightly volatile
Operating Cycle87.82106116
Pretty Stable
Price Book Value Ratio2.052.15675.5194
Slightly volatile
Days Of Payables Outstanding20.3221.386442.9683
Slightly volatile
Company Equity Multiplier1.71.78561.9314
Slightly volatile
Long Term Debt To Capitalization0.510.36370.3738
Pretty Stable
Total Debt To Capitalization0.470.36610.2751
Slightly volatile
Debt Equity Ratio0.550.57760.4033
Pretty Stable
Quick Ratio6.245.94633.4866
Slightly volatile
Cash Ratio3.733.55631.6024
Slightly volatile
Cash Conversion Cycle89.2384.977274.8432
Slightly volatile
Days Of Inventory Outstanding17.5925.406224.0416
Slightly volatile
Days Of Sales Outstanding70.2280.957492.3205
Pretty Stable
Price To Book Ratio2.052.15675.5194
Slightly volatile
Fixed Asset Turnover3.583.21934.8244
Slightly volatile
Debt Ratio0.280.32350.2053
Slightly volatile
Price Sales Ratio3.263.43224.2082
Slightly volatile
Asset Turnover0.330.35190.882
Slightly volatile
Gross Profit Margin0.280.41340.4349
Slightly volatile
Price Fair Value2.052.15675.5194
Slightly volatile

NeoGenomics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.9 B3.7 B2.2 B
Slightly volatile
Enterprise Value742 M706.6 M678.8 M
Slightly volatile

NeoGenomics Fundamental Market Drivers

Forward Price Earnings222.2222
Cash And Short Term Investments415.2 M

NeoGenomics Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About NeoGenomics Financial Statements

NeoGenomics investors utilize fundamental indicators, such as revenue or net income, to predict how NeoGenomics Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.1 M2.2 M
Total Revenue591.6 M621.2 M
Cost Of Revenue347 M364.4 M
Stock Based Compensation To Revenue 0.04  0.04 
Sales General And Administrative To Revenue 0.41  0.74 
Research And Ddevelopement To Revenue 0.05  0.07 
Capex To Revenue 0.05  0.05 
Revenue Per Share 4.71  4.95 
Ebit Per Revenue(0.18)(0.19)

Pair Trading with NeoGenomics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NeoGenomics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NeoGenomics will appreciate offsetting losses from the drop in the long position's value.

Moving against NeoGenomics Stock

  0.85HCM HUTCHMED DRCPairCorr
  0.8OPT OptheaPairCorr
  0.78FLGC Flora Growth CorpPairCorr
The ability to find closely correlated positions to NeoGenomics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NeoGenomics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NeoGenomics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NeoGenomics to buy it.
The correlation of NeoGenomics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NeoGenomics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NeoGenomics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NeoGenomics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether NeoGenomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NeoGenomics' 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 Neogenomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neogenomics Stock:
Check out the analysis of NeoGenomics Correlation against competitors.
To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 NeoGenomics. If investors know NeoGenomics 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 NeoGenomics 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
1.306
Earnings Share
(0.61)
Revenue Per Share
5.098
Quarterly Revenue Growth
0.104
Return On Assets
(0.03)
The market value of NeoGenomics is measured differently than its book value, which is the value of NeoGenomics that is recorded on the company's balance sheet. Investors also form their own opinion of NeoGenomics' value that differs from its market value or its book value, called intrinsic value, which is NeoGenomics' 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 NeoGenomics' market value can be influenced by many factors that don't directly affect NeoGenomics' 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 NeoGenomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoGenomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoGenomics' 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.