Harmony Biosciences Financials
| HRMY Stock | USD 34.67 1.08 3.02% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.25 | 2.7541 |
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The financial analysis of Harmony Biosciences is a critical element in measuring its lifeblood. Investors should not minimize Harmony Biosciences' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
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Harmony | Select Account or Indicator |
Understanding current and past Harmony Biosciences Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Harmony Biosciences' financial statements are interrelated, with each one affecting the others. For example, an increase in Harmony Biosciences' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Harmony Biosciences' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harmony Biosciences Holdings. Check Harmony Biosciences' Beneish M Score to see the likelihood of Harmony Biosciences' management manipulating its earnings.
Harmony Biosciences Stock Summary
Harmony Biosciences competes with Keros Therapeutics, Janux Therapeutics, Fennec Pharmaceuticals, Edgewise Therapeutics, and Pliant Therapeutics. Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, develops and commercializes therapies for patients with rare neurological disorders in the United States. Harmony Biosciences Holdings, Inc. was incorporated in 2017 and is based in Plymouth Meeting, Pennsylvania. Harmony Biosciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 180 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US4131971040 |
| CUSIP | 413197104 |
| Location | Pennsylvania; U.S.A |
| Business Address | 630 West Germantown |
| Sector | Pharmaceuticals |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.harmonybiosciences.com |
| Phone | 484 539 9800 |
| Currency | USD - US Dollar |
Harmony Biosciences Key Financial Ratios
| Return On Equity | 0.23 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.33 % | ||||
| Price To Sales | 2.99 X | ||||
| Revenue | 582.02 M |
Harmony Biosciences Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 106.7M | 427.1M | 433.4M | 673.9M | 811.4M | 466.0M | |
| Other Current Liab | 13.5M | 132.0M | 50.8M | 73.1M | 131.1M | 74.5M | |
| Other Liab | 450K | 1.1M | 3.2M | 1.5M | 1.8M | 1.5M | |
| Net Tangible Assets | (495.0M) | (65.2M) | 42.6M | 241.9M | 278.2M | 292.1M | |
| Net Debt | 73.5M | (34.4M) | (42.3M) | (52.1M) | (118.1M) | (112.2M) | |
| Retained Earnings | (422.9M) | (488.2M) | (453.6M) | (272.1M) | (143.3M) | (150.4M) | |
| Accounts Payable | 6.4M | 2.6M | 1.0M | 3.8M | 17.7M | 18.6M | |
| Cash | 24.5M | 228.6M | 234.3M | 243.8M | 311.7M | 206.5M | |
| Other Assets | 1.7M | 902K | 4.3M | 87.2M | 100.3M | 105.3M | |
| Net Receivables | 4.3M | 22.2M | 34.8M | 54.7M | 74.1M | 77.8M | |
| Inventory | 1.1M | 3.8M | 4.4M | 4.3M | 5.4M | 3.5M | |
| Other Current Assets | 261K | 8.3M | 10.9M | 18.1M | 18.1M | 10.6M | |
| Total Liab | 118.3M | 329.9M | 246.9M | 271.0M | 344.5M | 241.7M | |
| Net Invested Capital | (324.9M) | 291.4M | 378.5M | 594.5M | 660.6M | 693.6M | |
| Total Current Assets | 31.5M | 262.9M | 284.4M | 400.3M | 451.1M | 278.1M | |
| Net Working Capital | 11.6M | 128.4M | 230.7M | 321.4M | 287.3M | 194.1M |
Harmony 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | (6.1M) | (28.2M) | (24.0M) | (15.7M) | (11.9M) | (12.5M) | |
| Interest Expense | 6.1M | 28.2M | 24.0M | 15.7M | 23.8M | 17.9M | |
| Total Revenue | 6.0M | 159.7M | 305.4M | 437.9M | 582.0M | 611.1M | |
| Gross Profit | 4.4M | 132.0M | 249.9M | 354.4M | 460.8M | 483.8M | |
| Operating Income | (145.9M) | 3.7M | 68.7M | 120.2M | 192.0M | 201.6M | |
| Ebit | (145.9M) | (8.7M) | 87.5M | 120.2M | 197.2M | 207.0M | |
| Research Development | 69.6M | 19.4M | 30.4M | 70.9M | 76.1M | 51.1M | |
| Ebitda | (142.7M) | 1.5M | 106.4M | 143.6M | 221.5M | 232.6M | |
| Cost Of Revenue | 1.6M | 27.7M | 55.5M | 83.5M | 121.2M | 127.3M | |
| Income Before Tax | (152.0M) | (36.9M) | 37.4M | 104.7M | 173.4M | 182.1M | |
| Net Income | (158.1M) | (51.9M) | 34.6M | 181.5M | 128.9M | 135.3M | |
| Income Tax Expense | 6.1M | 14.9M | 2.8M | (76.8M) | 44.5M | 46.8M |
Harmony Biosciences Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Harmony Biosciences. It measures of how well Harmony 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 Harmony 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 Harmony 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 Harmony 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (127.1M) | (2.0M) | (100.3M) | (141.8M) | (57.3M) | (60.1M) | |
| Change In Cash | (58.8M) | 204.2M | 5.7M | 9.5M | 67.4M | 38.4M | |
| Free Cash Flow | (202.6M) | (5.0M) | (1.7M) | 104.3M | 219.1M | 230.0M | |
| Depreciation | 3.2M | 10.2M | 18.8M | 23.4M | 24.4M | 14.7M | |
| Other Non Cash Items | 55.1M | 4.9M | 2.7M | 3.5M | 12.9M | 10.8M | |
| Capital Expenditures | 127.1M | 2.0M | 100.3M | 40.2M | 312K | 296.4K | |
| Net Income | (152.0M) | (36.9M) | 34.6M | 181.5M | 128.9M | 135.3M | |
| End Period Cash Flow | 25.2M | 229.4M | 235.1M | 244.5M | 311.9M | 207.2M | |
| Change To Netincome | 64.4M | 32.9M | 42.3M | (58.2M) | (52.4M) | (49.8M) |
Harmony Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harmony Biosciences's current stock value. Our valuation model uses many indicators to compare Harmony Biosciences value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harmony Biosciences competition to find correlations between indicators driving Harmony Biosciences's intrinsic value. More Info.Harmony Biosciences Holdings is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about 0.56 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Harmony Biosciences Holdings is roughly 1.77 . At this time, Harmony 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 Harmony Biosciences' earnings, one of the primary drivers of an investment's value.Harmony Biosciences Systematic Risk
Harmony Biosciences' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harmony 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Harmony Biosciences correlated with the market. If Beta is less than 0 Harmony Biosciences generally moves in the opposite direction as compared to the market. If Harmony Biosciences Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harmony Biosciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harmony Biosciences is generally in the same direction as the market. If Beta > 1 Harmony Biosciences moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Harmony Biosciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Harmony 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 Harmony Biosciences growth as a starting point in their analysis.
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Harmony Biosciences December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harmony Biosciences help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harmony Biosciences Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harmony Biosciences Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Harmony Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harmony Biosciences's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.39 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 34.59 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.62 |
Additional Tools for Harmony Stock Analysis
When running Harmony Biosciences' price analysis, check to measure Harmony 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 Harmony Biosciences is operating at the current time. Most of Harmony Biosciences' value examination focuses on studying past and present price action to predict the probability of Harmony Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Biosciences' price. Additionally, you may evaluate how the addition of Harmony Biosciences to your portfolios can decrease your overall portfolio volatility.