Rigel Operating Income from 2010 to 2024

RIGL Stock  USD 27.61  0.27  0.97%   
Rigel Pharmaceuticals Operating Income yearly trend continues to be quite stable with very little volatility. The value of Operating Income is projected to decrease to about -21.5 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Rigel Pharmaceuticals generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2000-03-31
Previous Quarter
447 K
Current Value
14.1 M
Quarterly Volatility
14.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rigel Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rigel Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 7.2 M or Total Revenue of 122.7 M, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.0 or Days Sales Outstanding of 63.95. Rigel financial statements analysis is a perfect complement when working with Rigel Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Rigel Pharmaceuticals Correlation against competitors.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.

Latest Rigel Pharmaceuticals' Operating Income Growth Pattern

Below is the plot of the Operating Income of Rigel Pharmaceuticals over the last few years. Operating Income is the amount of profit realized from Rigel Pharmaceuticals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rigel Pharmaceuticals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Rigel Pharmaceuticals' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rigel Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Rigel Operating Income Regression Statistics

Arithmetic Mean(57,040,103)
Coefficient Of Variation(54.82)
Mean Deviation26,836,423
Median(69,091,000)
Standard Deviation31,269,043
Sample Variance977.8T
Range90.4M
R-Value0.52
Mean Square Error763.7T
R-Squared0.27
Significance0.04
Slope3,664,693
Total Sum of Squares13688.5T

Rigel Operating Income History

2024-21.5 M
2023-20.5 M
2022-54.2 M
2021-9 M
2020-29 M
2019-69.1 M
2018-72.7 M

Other Fundumenentals of Rigel Pharmaceuticals

Rigel Pharmaceuticals Operating Income component correlations

0.81-0.24-0.01-0.13-0.09-0.140.990.16-0.01-0.11-0.210.910.140.46-0.210.350.160.2-0.09-0.170.09
0.81-0.620.4-0.41-0.6-0.690.85-0.1-0.32-0.28-0.70.940.160.81-0.610.620.680.63-0.56-0.610.44
-0.24-0.62-0.260.260.710.75-0.320.250.130.230.68-0.370.08-0.520.38-0.23-0.81-0.780.620.64-0.49
-0.010.4-0.26-0.48-0.6-0.690.04-0.35-0.89-0.26-0.570.310.50.83-0.880.790.650.59-0.46-0.550.33
-0.13-0.410.26-0.480.720.55-0.17-0.130.50.330.51-0.34-0.35-0.560.49-0.46-0.6-0.50.30.68-0.03
-0.09-0.60.71-0.60.720.9-0.150.160.470.20.93-0.41-0.26-0.720.68-0.52-0.92-0.840.790.92-0.6
-0.14-0.690.75-0.690.550.9-0.210.390.570.360.91-0.46-0.09-0.810.78-0.62-0.95-0.810.790.83-0.59
0.990.85-0.320.04-0.17-0.15-0.210.11-0.07-0.18-0.260.930.130.5-0.270.390.250.29-0.12-0.230.1
0.16-0.10.25-0.35-0.130.160.390.110.470.020.210.030.46-0.20.39-0.31-0.41-0.290.090.190.03
-0.01-0.320.13-0.890.50.470.57-0.070.470.330.41-0.28-0.32-0.670.88-0.78-0.6-0.520.160.50.0
-0.11-0.280.23-0.260.330.20.36-0.180.020.330.13-0.23-0.15-0.270.27-0.27-0.36-0.420.020.120.12
-0.21-0.70.68-0.570.510.930.91-0.260.210.410.13-0.54-0.25-0.750.73-0.56-0.87-0.810.880.89-0.78
0.910.94-0.370.31-0.34-0.41-0.460.930.03-0.28-0.23-0.540.290.71-0.530.60.460.49-0.39-0.440.33
0.140.160.080.5-0.35-0.26-0.090.130.46-0.32-0.15-0.250.290.44-0.360.340.10.34-0.21-0.240.3
0.460.81-0.520.83-0.56-0.72-0.810.5-0.2-0.67-0.27-0.750.710.44-0.830.790.770.69-0.63-0.70.48
-0.21-0.610.38-0.880.490.680.78-0.270.390.880.270.73-0.53-0.36-0.83-0.84-0.77-0.710.490.73-0.39
0.350.62-0.230.79-0.46-0.52-0.620.39-0.31-0.78-0.27-0.560.60.340.79-0.840.60.55-0.43-0.480.3
0.160.68-0.810.65-0.6-0.92-0.950.25-0.41-0.6-0.36-0.870.460.10.77-0.770.60.91-0.67-0.880.46
0.20.63-0.780.59-0.5-0.84-0.810.29-0.29-0.52-0.42-0.810.490.340.69-0.710.550.91-0.61-0.790.49
-0.09-0.560.62-0.460.30.790.79-0.120.090.160.020.88-0.39-0.21-0.630.49-0.43-0.67-0.610.62-0.92
-0.17-0.610.64-0.550.680.920.83-0.230.190.50.120.89-0.44-0.24-0.70.73-0.48-0.88-0.790.62-0.49
0.090.44-0.490.33-0.03-0.6-0.590.10.030.00.12-0.780.330.30.48-0.390.30.460.49-0.92-0.49
Click cells to compare fundamentals

About Rigel Pharmaceuticals Financial Statements

Rigel Pharmaceuticals investors utilize fundamental indicators, such as Operating Income, to predict how Rigel 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
Operating Income-20.5 M-21.5 M
Non Operating Income Net Other786.6 K936.5 K

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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:
Check out the analysis of Rigel Pharmaceuticals Correlation against competitors.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.