Steven Binder - MannKind Corp CFO, Principal Accounting Officer

MNKD Stock  USD 4.19  0.03  0.72%   

CFO

Mr. Steven Binder serves as Chief Financial Officer, Principal Accounting Officer of the company. Before joining MannKind Corporationrationration, Mr. Binder served as Vice President and Chief Financial Officer of the International Group of Stryker Corporationrationration, a medical device and equipment manufacturing company based out of Singapore, since 2013. Prior to Stryker Corporationrationration, Mr. Binder served in a series of senior leadership roles at BristolMyers Squibb Company . His last four positions at BMS were Vice President, Finance roles over the following geographic operating units United States from 2012 to 2013, Europe from 2008 to 2011, Asia Pacific from 2005 to 2007 and Japan from 2003 to 2005. Prior to that, Mr. Binder served in three senior leadership roles for Oncology Therapeutics Network, a U.S.based independent subsidiary of BMS Vice President, Strategic Development from 2001 to 2003, Vice President, Customer Operations from 2000 to 2001 and Chief Financial Officer from 1997 to 2000. Before OTN, Mr. Binder completed three finance and accounting roles for BMS Worldwide Medicines Group after joining BMS in 1992. Before BMS, he worked for Deloitte Touche LLP in a series of auditing roles over an eight year period beginning in 1984 since 2017.
Age 61
Tenure 7 years
Address 1 Casper Street, Danbury, CT, United States, 06810
Phone818 661 5000
Webhttps://www.mannkindcorp.com
Binder received a B.S. degree in Accounting and Business Administration from Muhlenberg College and is a Certified Public Accountant.

MannKind Corp Management Efficiency

The company has return on total asset (ROA) of 0.0172 % which means that it generated a profit of $0.0172 on every $100 spent on assets. This is way below average. MannKind Corp's management efficiency ratios could be used to measure how well MannKind Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of April 25, 2024, Return On Tangible Assets is expected to decline to -0.03. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, MannKind Corp's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 392.1 M, whereas Non Current Assets Total are forecasted to decline to about 87.1 M.
The company currently holds 382.38 M in liabilities with Debt to Equity (D/E) ratio of 9.93, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MannKind Corp has a current ratio of 3.19, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist MannKind Corp until it has trouble settling it off, either with new capital or with free cash flow. So, MannKind Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MannKind Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MannKind to invest in growth at high rates of return. When we think about MannKind Corp's use of debt, we should always consider it together with cash and equity.

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MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States. MannKind Corporation was incorporated in 1991 and is headquartered in Westlake Village, California. Mannkind Corp operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 348 people. MannKind Corp (MNKD) is traded on NASDAQ Exchange in USA. It is located in 1 Casper Street, Danbury, CT, United States, 06810 and employs 411 people. MannKind Corp is listed under Biotechnology category by Fama And French industry classification.

Management Performance

MannKind Corp Leadership Team

Elected by the shareholders, the MannKind Corp's board of directors comprises two types of representatives: MannKind Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MannKind. The board's role is to monitor MannKind Corp's management team and ensure that shareholders' interests are well served. MannKind Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MannKind Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Bedard, Senior Affairs
Michael Friedman, Independent Director
Lauren Sabella, Executive COO
McCauley JD, Chief Officer
Raymond Urbanski, Corporate Vice President Chief Medical Officer
David Thomson, Corporate Vice President General Counsel, Corporate Secretary
Linda Adreveno, Senior Vice President - Human Resources
MS MBA, Chief Officer
Matthew PharmD, Senior Unit
Ronald Consiglio, Independent Director
Michael Castagna, Chief Commercial Officer
Joseph Kocinsky, CTO and Sr. VP of Technical Operations
Sanjay MBA, Executive Operations
Steven Binder, CFO, Principal Accounting Officer
Thomas MD, Chief Officer
Dr JD, General VP
David MacCallum, Independent Director
Burkhard MD, Executive Officer
Stuart Tross, Chief People Officer
Kent Kresa, Lead Independent Director
Alfred Mann, Founder and Executive Chairman
Rose Alinaya, Chief Accounting Officer
Juergen Martens, COO
Christine Mundkur, Director
Michael PharmD, CEO Director
Henry Nordhoff, Independent Director
Rosabel Alinaya, Acting CFO, Senior Vice President Chief Accounting Officer
Diane Palumbo, Corporate Vice President - Human Resources
Patrick McCauley, Chief Commercial Officer
James Shannon, Director
Matthew Pfeffer, Corporate Vice President and CFO

MannKind Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MannKind Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MannKind Corp is a strong investment it is important to analyze MannKind Corp's 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 MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MannKind Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
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When running MannKind Corp's price analysis, check to measure MannKind Corp's 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 MannKind Corp is operating at the current time. Most of MannKind Corp's value examination focuses on studying past and present price action to predict the probability of MannKind Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MannKind Corp's price. Additionally, you may evaluate how the addition of MannKind Corp to your portfolios can decrease your overall portfolio volatility.
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Is MannKind Corp's industry 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.
Earnings Share
(0.04)
Revenue Per Share
0.745
Quarterly Revenue Growth
0.622
Return On Assets
0.0172
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.