Opko Health Financials
| OPK Stock | 478.70 7.60 1.61% |
Opko |
Understanding current and past Opko Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Opko Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Opko Health's assets may result in an increase in income on the income statement.
The data published in Opko Health's official financial statements usually reflect Opko Health's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Opko Health. For example, before you start analyzing numbers published by Opko accountants, it's critical to develop an understanding of what Opko Health's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Opko Health's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Opko Health's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Opko Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Opko Health. Please utilize our Beneish M Score to check the likelihood of Opko Health's management manipulating its earnings.
Opko Health Stock Summary
Opko Health competes with Teva Pharmaceutical, Tower Semiconductor, Nice, Kamada, and Elbit Systems. OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. OPKO Health, Inc. was incorporated in 1991 and is headquartered in Miami, Florida. OPKO HEALTH operates under Drug Manufacturers - Specialty Generic classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 5690 people.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | US68375N1037 |
| Business Address | 4400 Biscayne Boulevard, |
| Sector | Healthcare |
| Industry | Drug Manufacturers - Specialty & Generic |
| Benchmark | NYSE Composite |
| Website | www.opko.com |
| Phone | 305 575 4100 |
You should never invest in Opko Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Opko Stock, because this is throwing your money away. Analyzing the key information contained in Opko Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Opko Health Key Financial Ratios
Generally speaking, Opko Health's financial ratios allow both analysts and investors to convert raw data from Opko Health's financial statements into concise, actionable information that can be used to evaluate the performance of Opko Health over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Opko Health reports annually and quarterly.| Return On Equity | -0.19 | |||
| Return On Asset | -0.0659 | |||
| Beta | 1.68 |
Opko Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Opko Health's current stock value. Our valuation model uses many indicators to compare Opko Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Opko Health competition to find correlations between indicators driving Opko Health's intrinsic value. More Info.Opko Health is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Opko Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Opko Health's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Opko Health's earnings, one of the primary drivers of an investment's value.Opko Health Systematic Risk
Opko Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Opko Health 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 output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Opko Health correlated with the market. If Beta is less than 0 Opko Health generally moves in the opposite direction as compared to the market. If Opko Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Opko Health is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Opko Health is generally in the same direction as the market. If Beta > 1 Opko Health moves generally in the same direction as, but more than the movement of the benchmark.
About Opko Health Financials
What exactly are Opko Health Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Opko Health's income statement, its balance sheet, and the statement of cash flows. Potential Opko Health investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Opko Health investors may use each financial statement separately, they are all related. The changes in Opko Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Opko Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Opko Health Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Opko Health is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Opko has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Opko Health's financials are consistent with your investment objective using the following steps:- Review Opko Health's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Opko Health's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Opko Health's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Opko Health's stock is overvalued or undervalued.
Opko Health Thematic Clasifications
Opko Health is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
| Health Management | View |
Opko Health April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Opko Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Opko Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Opko Health based on widely used predictive technical indicators. In general, we focus on analyzing Opko Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Opko Health's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 27.56 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 7.73 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Opko Stock refer to our How to Trade Opko Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Opko Stock analysis
When running Opko Health's price analysis, check to measure Opko Health'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 Opko Health is operating at the current time. Most of Opko Health's value examination focuses on studying past and present price action to predict the probability of Opko Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opko Health's price. Additionally, you may evaluate how the addition of Opko Health to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Stocks Directory Find actively traded stocks across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |