Rigel Net Invested Capital vs Current Deferred Revenue Analysis

RIGL Stock

USD 0.98 0.04 4.26%

Rigel Pharmaceuticals financial indicator trend analysis is much more than just breaking down Rigel Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rigel Pharmaceuticals is a good investment. Please check the relationship between Rigel Pharmaceuticals Net Invested Capital and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigel Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.

Net Invested Capital vs Current Deferred Revenue

Net Invested Capital vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rigel Pharmaceuticals Net Invested Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Rigel Pharmaceuticals' Net Invested Capital and Current Deferred Revenue is -0.65. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Rigel Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Rigel Pharmaceuticals' Net Invested Capital and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Rigel Pharmaceuticals are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Invested Capital i.e., Rigel Pharmaceuticals' Net Invested Capital and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Rigel Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rigel Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigel Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.At this time, Rigel Pharmaceuticals' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to 0.00 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 1.34.

	2022	2023	2024 (projected)
Interest Income	684K	2.0M	1.2M
Non Recurring	1.3M	1.2M	1.1M

Interest Income Non Recurring

Rigel Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Current Deferred Revenue
Total Assets		-0.13	-0.24	-0.2	0.81	-0.03	-0.24	-0.01	-0.13	0.09	-0.08	0.37	0.93	-0.09	-0.04	-0.04	-0.09	0.01	0.25	-0.14	-0.02	0.99	0.34	-0.01	0.0	-0.17
Short Long Term Debt Total	-0.13		0.44	0.79	-0.62	0.16	0.57	-0.65	0.43	0.25	0.61	0.51	-0.45	0.82	0.82	0.8	0.87	0.6	0.35	0.87	0.29	-0.2	0.56	0.55	0.76	0.68
Other Current Liab	-0.24	0.44		0.77	-0.54	0.31	0.34	-0.65	0.39	0.06	0.43	-0.19	-0.38	0.42	0.62	0.69	0.54	0.59	0.58	0.65	0.64	-0.29	0.34	0.74	0.48	0.23
Total Current Liabilities	-0.2	0.79	0.77		-0.7	0.31	0.61	-0.77	0.56	0.09	0.68	0.17	-0.49	0.77	0.81	0.84	0.85	0.68	0.52	0.94	0.58	-0.28	0.38	0.7	0.74	0.75
Total Stockholder Equity	0.81	-0.62	-0.54	-0.7		-0.1	-0.62	0.4	-0.41	0.08	-0.42	0.01	0.95	-0.6	-0.49	-0.49	-0.65	-0.33	-0.04	-0.69	-0.26	0.85	0.0	-0.32	-0.54	-0.54
Property Plant And Equipment Net	-0.03	0.16	0.31	0.31	-0.1		0.33	-0.09	-0.15	-0.25	0.77	-0.33	-0.11	-0.05	0.12	0.21	0.06	0.7	0.13	0.16	0.88	-0.12	0.4	0.27	-0.18	0.33
Net Debt	-0.24	0.57	0.34	0.61	-0.62	0.33		-0.26	0.26	-0.62	0.68	0.33	-0.5	0.71	0.34	0.34	0.78	0.46	-0.02	0.75	0.47	-0.32	0.23	0.13	0.68	0.53
Retained Earnings	-0.01	-0.65	-0.65	-0.77	0.4	-0.09	-0.26		-0.48	-0.4	-0.39	-0.25	0.21	-0.6	-0.94	-0.96	-0.6	-0.6	-0.88	-0.69	-0.26	0.04	-0.32	-0.89	-0.53	-0.45
Accounts Payable	-0.13	0.43	0.39	0.56	-0.41	-0.15	0.26	-0.48		0.1	0.34	-0.1	-0.32	0.72	0.44	0.48	0.5	0.35	0.41	0.55	0.14	-0.17	-0.23	0.5	0.48	0.33
Cash	0.09	0.25	0.06	0.09	0.08	-0.25	-0.62	-0.4	0.1		-0.23	0.08	0.1	-0.05	0.43	0.41	-0.09	0.05	0.43	-0.03	-0.3	0.11	0.19	0.43	-0.08	0.09
Non Current Assets Total	-0.08	0.61	0.43	0.68	-0.42	0.77	0.68	-0.39	0.34	-0.23		0.02	-0.33	0.55	0.47	0.52	0.58	0.85	0.31	0.64	0.79	-0.19	0.4	0.51	0.36	0.67
Non Currrent Assets Other	0.37	0.51	-0.19	0.17	0.01	-0.33	0.33	-0.25	-0.1	0.08	0.02		0.18	0.45	0.37	0.26	0.53	-0.04	0.07	0.41	-0.34	0.36	0.46	-0.02	0.6	0.31
Cash And Short Term Investments	0.93	-0.45	-0.38	-0.49	0.95	-0.11	-0.5	0.21	-0.32	0.1	-0.33	0.18		-0.41	-0.3	-0.31	-0.42	-0.23	0.12	-0.46	-0.18	0.96	0.17	-0.18	-0.29	-0.4
Net Receivables	-0.09	0.82	0.42	0.77	-0.6	-0.05	0.71	-0.6	0.72	-0.05	0.55	0.45	-0.41		0.7	0.68	0.93	0.51	0.32	0.9	0.22	-0.15	0.21	0.47	0.88	0.56
Common Stock Total Equity	-0.04	0.82	0.62	0.81	-0.49	0.12	0.34	-0.94	0.44	0.43	0.47	0.37	-0.3	0.7		0.99	0.72	0.62	0.74	0.78	0.29	-0.09	0.44	0.85	0.63	0.54
Common Stock Shares Outstanding	-0.04	0.8	0.69	0.84	-0.49	0.21	0.34	-0.96	0.48	0.41	0.52	0.26	-0.31	0.68	0.99		0.7	0.69	0.78	0.78	0.38	-0.1	0.44	0.89	0.59	0.53
Non Current Liabilities Total	-0.09	0.87	0.54	0.85	-0.65	0.06	0.78	-0.6	0.5	-0.09	0.58	0.53	-0.42	0.93	0.72	0.7		0.51	0.29	0.98	0.34	-0.16	0.41	0.46	0.96	0.64
Other Current Assets	0.01	0.6	0.59	0.68	-0.33	0.7	0.46	-0.6	0.35	0.05	0.85	-0.04	-0.23	0.51	0.62	0.69	0.51		0.57	0.59	0.76	-0.09	0.51	0.7	0.29	0.44
Other Stockholder Equity	0.25	0.35	0.58	0.52	-0.04	0.13	-0.02	-0.88	0.41	0.43	0.31	0.07	0.12	0.32	0.74	0.78	0.29	0.57		0.39	0.26	0.21	0.26	0.91	0.24	0.21
Total Liab	-0.14	0.87	0.65	0.94	-0.69	0.16	0.75	-0.69	0.55	-0.03	0.64	0.41	-0.46	0.9	0.78	0.78	0.98	0.59	0.39		0.44	-0.21	0.41	0.57	0.91	0.7
Property Plant And Equipment Gross	-0.02	0.29	0.64	0.58	-0.26	0.88	0.47	-0.26	0.14	-0.3	0.79	-0.34	-0.18	0.22	0.29	0.38	0.34	0.76	0.26	0.44		-0.12	0.41	0.44	0.16	0.34
Total Current Assets	0.99	-0.2	-0.29	-0.28	0.85	-0.12	-0.32	0.04	-0.17	0.11	-0.19	0.36	0.96	-0.15	-0.09	-0.1	-0.16	-0.09	0.21	-0.21	-0.12		0.29	-0.07	-0.04	-0.24
Short Term Debt	0.34	0.56	0.34	0.38	0.0	0.4	0.23	-0.32	-0.23	0.19	0.4	0.46	0.17	0.21	0.44	0.44	0.41	0.51	0.26	0.41	0.41	0.29		0.31	0.34	0.24
Common Stock	-0.01	0.55	0.74	0.7	-0.32	0.27	0.13	-0.89	0.5	0.43	0.51	-0.02	-0.18	0.47	0.85	0.89	0.46	0.7	0.91	0.57	0.44	-0.07	0.31		0.35	0.35
Other Liab	0.0	0.76	0.48	0.74	-0.54	-0.18	0.68	-0.53	0.48	-0.08	0.36	0.6	-0.29	0.88	0.63	0.59	0.96	0.29	0.24	0.91	0.16	-0.04	0.34	0.35		0.51
Current Deferred Revenue	-0.17	0.68	0.23	0.75	-0.54	0.33	0.53	-0.45	0.33	0.09	0.67	0.31	-0.4	0.56	0.54	0.53	0.64	0.44	0.21	0.7	0.34	-0.24	0.24	0.35	0.51

Click cells to compare fundamentals

Rigel Pharmaceuticals Account Relationship Matchups

Rigel Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	147.6M	110.4M	167.3M	134.3M	117.2M	142.9M
Other Current Liab	21.5M	25.5M	47.3M	28.1M	21.2M	13.6M
Total Current Liabilities	58.2M	40.8M	63.6M	65.2M	53.3M	55.9M
Total Stockholder Equity	53.8M	34.0M	30.4M	(13.6M)	(28.6M)	(27.2M)
Property Plant And Equipment Net	27.9M	20.6M	11.9M	2.8M	1.0M	974.7K
Net Debt	13.8M	8.7M	11.7M	17.1M	27.8M	29.2M
Retained Earnings	(1.3B)	(1.3B)	(1.3B)	(1.4B)	(1.4B)	(1.3B)
Accounts Payable	4.2M	3.7M	3.8M	22.5M	7.1M	4.3M
Cash	22.5M	30.4M	18.9M	24.5M	32.8M	32.8M
Non Current Assets Total	28.6M	21.4M	12.9M	18.4M	18.0M	9.2M
Non Currrent Assets Other	696K	824K	974K	640K	3.1M	3.2M
Cash And Short Term Investments	98.1M	57.3M	125.0M	58.2M	56.9M	54.1M
Net Receivables	10.1M	16.0M	15.5M	40.3M	30.6M	32.1M
Common Stock Total Equity	168K	169K	172K	174K	200.1K	210.1K
Common Stock Shares Outstanding	167.4M	168.8M	170.5M	172.4M	174.0M	182.7M
Liabilities And Stockholders Equity	147.6M	110.4M	167.3M	134.3M	117.2M	142.9M
Non Current Liabilities Total	35.5M	35.5M	73.4M	82.7M	92.6M	97.2M
Other Current Assets	9.5M	14.0M	7.4M	8.3M	6.3M	4.0M
Other Stockholder Equity	1.3B	1.3B	1.4B	1.4B	1.4B	868.0M
Total Liab	93.8M	76.4M	137.0M	147.9M	145.9M	153.2M
Property Plant And Equipment Gross	27.9M	20.6M	26.4M	13.6M	2.7M	2.6M
Total Current Assets	119.0M	89.0M	154.5M	115.9M	99.3M	133.6M
Accumulated Other Comprehensive Income	23K	(4K)	(102K)	(153K)	8K	8.4K
Common Stock	168K	169K	172K	174K	175K	91.4K
Other Liab	1.5M	6.5M	5.0M	52.7M	60.6M	63.7M
Current Deferred Revenue	25.3M	3.0M	2.6M	13.5M	17.0M	17.9M
Other Assets	696K	824K	974K	640K	576K	547.2K
Short Term Investments	75.6M	27.0M	106.1M	33.7M	24.1M	22.9M
Property Plant Equipment	2.2M	2.7M	11.9M	857K	771.3K	732.7K
Net Tangible Assets	74.4M	44.7M	30.4M	(28.6M)	(25.7M)	(24.4M)
Retained Earnings Total Equity	(1.3B)	(1.3B)	(1.3B)	(1.4B)	(1.2B)	(1.3B)
Capital Surpluse	1.3B	1.3B	1.4B	1.4B	1.6B	1.3B
Inventory	1.4M	1.6M	6.6M	9.1M	5.5M	5.8M
Net Invested Capital	63.6M	53.8M	50.3M	25.8M	31.0M	49.7M
Net Working Capital	60.8M	48.1M	90.9M	50.7M	46.0M	57.7M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Rigel Pharmaceuticals using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

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:

How To Invest In Rigel

Details

Is Rigel Stock a good investment?

Details

What is Rigel Pharmaceuticals' Net Worth?

Details

Largest Biotechnology Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigel Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.

Note that the Rigel Pharmaceuticals information on this page should be used as a complementary analysis to other Rigel Pharmaceuticals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Rigel Stock analysis

When running Rigel Pharmaceuticals' price analysis, check to measure Rigel Pharmaceuticals' 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 Rigel Pharmaceuticals is operating at the current time. Most of Rigel Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Rigel Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rigel Pharmaceuticals' price. Additionally, you may evaluate how the addition of Rigel Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.

	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Commodity Directory Find actively traded commodities issued by global exchanges

Is Rigel Pharmaceuticals' 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 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

(0.11)

Revenue Per Share

0.684

Quarterly Revenue Growth

0.133

Return On Assets

(0.08)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Rigel Net Invested Capital vs Current Deferred Revenue Analysis

Net Invested Capital vs Current Deferred Revenue

Net Invested Capital vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Invested Capital

Current Deferred Revenue

Rigel Pharmaceuticals fundamental ratios Correlations

Rigel Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rigel Pharmaceuticals fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Rigel Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Common Stock Total Equity
Total Liab	+ 0.98	Non Current Liabilities Total
Total Current Assets	+ 0.96	Cash And Short Term Investments
Other Liab	+ 0.96	Non Current Liabilities Total
Cash And Short Term Investments	+ 0.95	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Common Stock Total Equity	- 0.94	Retained Earnings
Common Stock	- 0.89	Retained Earnings
Other Stockholder Equity	- 0.88	Retained Earnings
Retained Earnings	- 0.77	Total Current Liabilities
Total Stockholder Equity	- 0.7	Total Current Liabilities