Legend Cost of Revenue vs Interest Expense Analysis

LEGN Stock  USD 47.06  0.87  1.88%   
Legend BiotechCorp financial indicator trend analysis is infinitely more than just investigating Legend BiotechCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legend BiotechCorp is a good investment. Please check the relationship between Legend BiotechCorp Cost Of Revenue and its Interest Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend BiotechCorp. 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.
To learn how to invest in Legend Stock, please use our How to Invest in Legend BiotechCorp guide.

Cost Of Revenue vs Interest Expense

Cost of Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legend BiotechCorp Cost of Revenue account and Interest Expense. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Legend BiotechCorp's Cost of Revenue and Interest Expense is -0.67. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Legend BiotechCorp, assuming nothing else is changed. The correlation between historical values of Legend BiotechCorp's Cost of Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Legend BiotechCorp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Cost of Revenue i.e., Legend BiotechCorp's Cost of Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Legend BiotechCorp income statement and represents the costs associated with goods and services Legend BiotechCorp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Legend BiotechCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legend BiotechCorp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend BiotechCorp. 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.
To learn how to invest in Legend Stock, please use our How to Invest in Legend BiotechCorp guide.As of the 23rd of April 2024, Selling General Administrative is likely to grow to about 112.1 M, while Tax Provision is likely to drop about 268.9 K.
 2021 2022 2023 2024 (projected)
Other Operating Expenses462.8M575.1M727.4M365.7M
Total Revenue89.8M117.0M285.1M299.4M

Legend BiotechCorp fundamental ratios Correlations

0.820.860.88-0.60.91-0.930.780.910.20.93-0.550.780.810.810.891.00.660.980.930.870.96-0.05-0.890.960.77
0.820.970.68-0.420.79-0.760.810.750.520.83-0.780.770.580.540.910.820.320.850.860.750.85-0.32-0.650.670.51
0.860.970.72-0.340.81-0.820.760.810.440.88-0.840.890.630.620.980.850.410.880.930.750.91-0.15-0.710.70.55
0.880.680.72-0.780.98-0.980.690.980.030.96-0.320.590.970.970.750.880.890.890.770.970.85-0.13-0.980.90.96
-0.6-0.42-0.34-0.78-0.760.69-0.71-0.66-0.09-0.64-0.05-0.1-0.82-0.72-0.31-0.61-0.69-0.59-0.37-0.84-0.490.550.68-0.74-0.84
0.910.790.810.98-0.76-0.980.760.970.140.98-0.420.630.920.910.810.920.780.940.830.970.9-0.2-0.960.90.89
-0.93-0.76-0.82-0.980.69-0.98-0.72-0.99-0.04-0.990.47-0.71-0.93-0.95-0.85-0.93-0.83-0.95-0.87-0.96-0.930.070.97-0.9-0.91
0.780.810.760.69-0.710.76-0.720.690.520.74-0.630.630.710.560.70.770.420.770.740.810.74-0.62-0.580.760.65
0.910.750.810.98-0.660.97-0.990.690.090.99-0.460.720.940.960.850.90.850.920.850.950.91-0.05-0.970.880.91
0.20.520.440.03-0.090.14-0.040.520.090.15-0.50.320.04-0.110.320.18-0.220.150.190.150.1-0.610.050.11-0.02
0.930.830.880.96-0.640.98-0.990.740.990.15-0.550.760.910.920.90.920.780.950.890.950.94-0.09-0.950.870.87
-0.55-0.78-0.84-0.32-0.05-0.420.47-0.63-0.46-0.5-0.55-0.89-0.28-0.23-0.81-0.53-0.04-0.57-0.77-0.39-0.670.160.29-0.34-0.18
0.780.770.890.59-0.10.63-0.710.630.720.320.76-0.890.550.550.930.750.410.760.920.580.850.09-0.60.620.47
0.810.580.630.97-0.820.92-0.930.710.940.040.91-0.280.550.970.670.80.930.80.690.960.77-0.19-0.920.861.0
0.810.540.620.97-0.720.91-0.950.560.96-0.110.92-0.230.550.970.690.810.960.810.710.920.790.03-0.970.850.97
0.890.910.980.75-0.310.81-0.850.70.850.320.9-0.810.930.670.690.870.510.890.960.760.930.01-0.760.740.61
1.00.820.850.88-0.610.92-0.930.770.90.180.92-0.530.750.80.810.870.650.990.920.870.95-0.05-0.890.960.76
0.660.320.410.89-0.690.78-0.830.420.85-0.220.78-0.040.410.930.960.510.650.640.530.820.620.09-0.880.750.96
0.980.850.880.89-0.590.94-0.950.770.920.150.95-0.570.760.80.810.890.990.640.950.880.98-0.07-0.90.920.76
0.930.860.930.77-0.370.83-0.870.740.850.190.89-0.770.920.690.710.960.920.530.950.770.980.02-0.790.810.63
0.870.750.750.97-0.840.97-0.960.810.950.150.95-0.390.580.960.920.760.870.820.880.770.84-0.3-0.910.890.94
0.960.850.910.85-0.490.9-0.930.740.910.10.94-0.670.850.770.790.930.950.620.980.980.840.0-0.870.860.72
-0.05-0.32-0.15-0.130.55-0.20.07-0.62-0.05-0.61-0.090.160.09-0.190.030.01-0.050.09-0.070.02-0.30.0-0.05-0.09-0.17
-0.89-0.65-0.71-0.980.68-0.960.97-0.58-0.970.05-0.950.29-0.6-0.92-0.97-0.76-0.89-0.88-0.9-0.79-0.91-0.87-0.05-0.89-0.91
0.960.670.70.9-0.740.9-0.90.760.880.110.87-0.340.620.860.850.740.960.750.920.810.890.86-0.09-0.890.85
0.770.510.550.96-0.840.89-0.910.650.91-0.020.87-0.180.471.00.970.610.760.960.760.630.940.72-0.17-0.910.85
Click cells to compare fundamentals

Legend BiotechCorp Account Relationship Matchups

Legend BiotechCorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets287.7M721.0M1.1B1.3B1.8B938.8M
Other Current Liab70.9M99.2M211.4M260.9M140.1M147.9M
Total Current Liabilities127.8M161.2M280.3M297.8M216.4M203.5M
Total Stockholder Equity(122.9M)280.3M471.2M744.3M1.3B1.3B
Other Liab277.8M277.7M244.8M7.9M7.1M6.7M
Net Tangible Assets(123.4M)277.4M466.5M740.9M852.0M894.6M
Retained Earnings(127.3M)(430.8M)(817.0M)(966.5M)(1.5B)(1.4B)
Accounts Payable9.6M5.2M7.0M32.9M20.2M13.6M
Cash83.4M455.7M688.9M786.0M1.3B1.3B
Other Assets665K4.2M7.3M67.7M1.00.95
Cash And Short Term Investments158.9M505.7M882.4M1.0B1.3B1.4B
Net Receivables35.8M85.0M63.2M90K157.1M164.9M
Inventory1.2M1.8M1.7M10.4M19.4M20.4M
Other Stockholder Equity3.9M430.8M817.0M744.3M2.6B2.8B
Total Liab410.6M440.8M647.2M586.7M589.9M522.0M
Total Current Assets207.1M592.9M948.8M1.1B1.5B770.5M
Intangible Assets5.1M7.7M4.7M3.4M155.3M163.0M
Property Plant Equipment79.4M121.1M152.9M160.8M184.9M100.7M
Short Long Term Debt Total6.1M3.4M123.0M284.5M328.7M345.1M
Property Plant And Equipment Net75.5M121.3M155.1M161.7M189.7M135.0M
Current Deferred Revenue46.3M55.3M60.9M451K53.0M34.2M
Net Debt(77.3M)(452.3M)(566.0M)(501.5M)(949.4M)(901.9M)
Non Current Assets Total80.6M128.1M169.6M231.8M350.8M194.9M
Non Currrent Assets Other665K4.0M5.1M66.8M152.4M160.0M
Common Stock Shares Outstanding132.0M118.2M140.9M159.0M176.1M151.5M
Short Term Investments75.6M50M193.5M239.6M31.0M29.5M
Liabilities And Stockholders Equity287.7M721.0M1.1B1.3B1.8B1.1B
Non Current Liabilities Total282.8M279.6M366.9M288.9M373.5M339.7M
Capital Lease Obligations6.1M3.4M2.5M23.6M47.3M49.7M
Other Current Assets11.3M580.7M1.4M1.1B12.2M11.6M
Net Invested Capital(122.9M)280.3M591.7M1.0B1.5B1.6B
Property Plant And Equipment Gross74.8M116.5M155.1M161.7M224.7M140.2M
Accumulated Other Comprehensive Income(122.9M)280.2M471.2M744.3M98.9M94.0M
Net Working Capital79.3M431.7M668.5M801.3M1.3B1.3B
Short Term Debt1.0M1.5M911K3.6M3.2M1.9M

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When determining whether Legend BiotechCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legend BiotechCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legend Biotechcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legend Biotechcorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend BiotechCorp. 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.
To learn how to invest in Legend Stock, please use our How to Invest in Legend BiotechCorp guide.
Note that the Legend BiotechCorp information on this page should be used as a complementary analysis to other Legend BiotechCorp's 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Legend BiotechCorp's price analysis, check to measure Legend BiotechCorp'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 Legend BiotechCorp is operating at the current time. Most of Legend BiotechCorp's value examination focuses on studying past and present price action to predict the probability of Legend BiotechCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legend BiotechCorp's price. Additionally, you may evaluate how the addition of Legend BiotechCorp to your portfolios can decrease your overall portfolio volatility.
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Is Legend BiotechCorp'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 Legend BiotechCorp. If investors know Legend 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 Legend BiotechCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.94)
Revenue Per Share
1.619
Quarterly Revenue Growth
1.876
Return On Assets
(0.17)
Return On Equity
(0.52)
The market value of Legend BiotechCorp is measured differently than its book value, which is the value of Legend that is recorded on the company's balance sheet. Investors also form their own opinion of Legend BiotechCorp's value that differs from its market value or its book value, called intrinsic value, which is Legend BiotechCorp'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 Legend BiotechCorp's market value can be influenced by many factors that don't directly affect Legend BiotechCorp'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 Legend BiotechCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legend BiotechCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legend BiotechCorp'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.