MannKind Corp Price To Earning vs. Total Debt
| MNKD Stock | USD 6.61 0.03 0.46% |
For MannKind Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MannKind Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MannKind Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MannKind Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MannKind Corp over time as well as its relative position and ranking within its peers.
MannKind |
MannKind Corp's Revenue Breakdown by Earning Segment
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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 MannKind Corp. If investors know MannKind 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 MannKind Corp 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 5.246 | Earnings Share 0.08 | Revenue Per Share 0.982 | Quarterly Revenue Growth 0.367 | Return On Assets 0.0912 |
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.
MannKind Corp Total Debt vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MannKind Corp's current stock value. Our valuation model uses many indicators to compare MannKind Corp value to that of its competitors to determine the firm's financial worth. MannKind Corp is regarded fifth in price to earning category among its peers. It is regarded fourth in total debt category among its peers making up about 168,448,899 of Total Debt per Price To Earning. The current year's Total Debt To Capitalization is expected to grow to 12.52. Comparative valuation analysis is a catch-all technique that is used if you cannot value MannKind Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MannKind Total Debt vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
MannKind Corp |
| = | 2.27 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
MannKind Corp |
| = | 382.38 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
MannKind Total Debt vs Competition
MannKind Corp is regarded fourth in total debt category among its peers. Total debt of Health Care industry is now estimated at about 3.53 Billion. MannKind Corp retains roughly 382.38 Million in total debt claiming about 11% of equities under Health Care industry.
MannKind Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MannKind Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MannKind Corp will eventually generate negative long term returns. The profitability progress is the general direction of MannKind Corp's change in net profit over the period of time. It can combine multiple indicators of MannKind Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -21.9 K | -22.9 K | |
| Operating Income | 8.7 M | 9.1 M | |
| Income Before Tax | -10.4 M | -10.9 M | |
| Total Other Income Expense Net | -19.1 M | -20 M | |
| Net Loss | -11.9 M | -12.5 M | |
| Income Tax Expense | 1.6 M | 1.5 M | |
| Net Loss | -31.3 M | -32.9 M | |
| Non Operating Income Net Other | -7.5 M | -7.1 M | |
| Net Loss | -100.5 M | -105.5 M | |
| Interest Income | 5.4 M | 3 M | |
| Net Interest Income | -19.7 M | -20.7 M | |
| Change To Netincome | 9.8 M | 17.4 M | |
| Net Loss | (0.04) | (0.05) | |
| Income Quality | (2.86) | (2.71) | |
| Net Income Per E B T | 1.15 | 0.83 |
MannKind Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MannKind Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MannKind Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MannKind Corp's important profitability drivers and their relationship over time.
Use MannKind Corp in pair-trading
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 MannKind Corp 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 MannKind Corp will appreciate offsetting losses from the drop in the long position's value.MannKind Corp Pair Trading
MannKind Corp Pair Trading Analysis
The ability to find closely correlated positions to MannKind Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MannKind Corp 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 MannKind Corp - 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 MannKind Corp to buy it.
The correlation of MannKind Corp 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 MannKind Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MannKind Corp 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 MannKind Corp 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.Use Investing Themes to Complement your MannKind Corp position
In addition to having MannKind Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
To fully project MannKind Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MannKind Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MannKind Corp's income statement, its balance sheet, and the statement of cash flows.