Legend Interest Expense vs Operating Income Analysis

LEGN Stock

USD 45.17 2.28 4.81%

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 Interest Expense and its Operating Income 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.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legend BiotechCorp Interest Expense account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Legend BiotechCorp's Interest Expense and Operating Income is -0.78. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income 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 Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Legend BiotechCorp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Legend BiotechCorp's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Legend BiotechCorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Legend BiotechCorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 25th 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 Expenses	462.8M	575.1M	727.4M	365.7M
Total Revenue	89.8M	117.0M	285.1M	299.4M

Other Operating Expenses Total Revenue

Legend BiotechCorp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.82	0.86	0.88	-0.6	0.91	-0.93	0.78	0.91	0.2	0.93	-0.55	0.78	0.81	0.81	0.89	1.0	0.66	0.98	0.93	0.87	0.96	-0.05	-0.89	0.96	0.77
Other Current Liab	0.82		0.97	0.68	-0.42	0.79	-0.76	0.81	0.75	0.52	0.83	-0.78	0.77	0.58	0.54	0.91	0.82	0.32	0.85	0.86	0.75	0.85	-0.32	-0.65	0.67	0.51
Total Current Liabilities	0.86	0.97		0.72	-0.34	0.81	-0.82	0.76	0.81	0.44	0.88	-0.84	0.89	0.63	0.62	0.98	0.85	0.41	0.88	0.93	0.75	0.91	-0.15	-0.71	0.7	0.55
Total Stockholder Equity	0.88	0.68	0.72		-0.78	0.98	-0.98	0.69	0.98	0.03	0.96	-0.32	0.59	0.97	0.97	0.75	0.88	0.89	0.89	0.77	0.97	0.85	-0.13	-0.98	0.9	0.96
Other Liab	-0.6	-0.42	-0.34	-0.78		-0.76	0.69	-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	-0.49	0.55	0.68	-0.74	-0.84
Net Tangible Assets	0.91	0.79	0.81	0.98	-0.76		-0.98	0.76	0.97	0.14	0.98	-0.42	0.63	0.92	0.91	0.81	0.92	0.78	0.94	0.83	0.97	0.9	-0.2	-0.96	0.9	0.89
Retained Earnings	-0.93	-0.76	-0.82	-0.98	0.69	-0.98		-0.72	-0.99	-0.04	-0.99	0.47	-0.71	-0.93	-0.95	-0.85	-0.93	-0.83	-0.95	-0.87	-0.96	-0.93	0.07	0.97	-0.9	-0.91
Accounts Payable	0.78	0.81	0.76	0.69	-0.71	0.76	-0.72		0.69	0.52	0.74	-0.63	0.63	0.71	0.56	0.7	0.77	0.42	0.77	0.74	0.81	0.74	-0.62	-0.58	0.76	0.65
Cash	0.91	0.75	0.81	0.98	-0.66	0.97	-0.99	0.69		0.09	0.99	-0.46	0.72	0.94	0.96	0.85	0.9	0.85	0.92	0.85	0.95	0.91	-0.05	-0.97	0.88	0.91
Other Assets	0.2	0.52	0.44	0.03	-0.09	0.14	-0.04	0.52	0.09		0.15	-0.5	0.32	0.04	-0.11	0.32	0.18	-0.22	0.15	0.19	0.15	0.1	-0.61	0.05	0.11	-0.02
Cash And Short Term Investments	0.93	0.83	0.88	0.96	-0.64	0.98	-0.99	0.74	0.99	0.15		-0.55	0.76	0.91	0.92	0.9	0.92	0.78	0.95	0.89	0.95	0.94	-0.09	-0.95	0.87	0.87
Net Receivables	-0.55	-0.78	-0.84	-0.32	-0.05	-0.42	0.47	-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	-0.67	0.16	0.29	-0.34	-0.18
Long Term Debt Total	0.78	0.77	0.89	0.59	-0.1	0.63	-0.71	0.63	0.72	0.32	0.76	-0.89		0.55	0.55	0.93	0.75	0.41	0.76	0.92	0.58	0.85	0.09	-0.6	0.62	0.47
Inventory	0.81	0.58	0.63	0.97	-0.82	0.92	-0.93	0.71	0.94	0.04	0.91	-0.28	0.55		0.97	0.67	0.8	0.93	0.8	0.69	0.96	0.77	-0.19	-0.92	0.86	1.0
Other Stockholder Equity	0.81	0.54	0.62	0.97	-0.72	0.91	-0.95	0.56	0.96	-0.11	0.92	-0.23	0.55	0.97		0.69	0.81	0.96	0.81	0.71	0.92	0.79	0.03	-0.97	0.85	0.97
Total Liab	0.89	0.91	0.98	0.75	-0.31	0.81	-0.85	0.7	0.85	0.32	0.9	-0.81	0.93	0.67	0.69		0.87	0.51	0.89	0.96	0.76	0.93	0.01	-0.76	0.74	0.61
Total Current Assets	1.0	0.82	0.85	0.88	-0.61	0.92	-0.93	0.77	0.9	0.18	0.92	-0.53	0.75	0.8	0.81	0.87		0.65	0.99	0.92	0.87	0.95	-0.05	-0.89	0.96	0.76
Intangible Assets	0.66	0.32	0.41	0.89	-0.69	0.78	-0.83	0.42	0.85	-0.22	0.78	-0.04	0.41	0.93	0.96	0.51	0.65		0.64	0.53	0.82	0.62	0.09	-0.88	0.75	0.96
Common Stock	0.98	0.85	0.88	0.89	-0.59	0.94	-0.95	0.77	0.92	0.15	0.95	-0.57	0.76	0.8	0.81	0.89	0.99	0.64		0.95	0.88	0.98	-0.07	-0.9	0.92	0.76
Property Plant Equipment	0.93	0.86	0.93	0.77	-0.37	0.83	-0.87	0.74	0.85	0.19	0.89	-0.77	0.92	0.69	0.71	0.96	0.92	0.53	0.95		0.77	0.98	0.02	-0.79	0.81	0.63
Short Long Term Debt Total	0.87	0.75	0.75	0.97	-0.84	0.97	-0.96	0.81	0.95	0.15	0.95	-0.39	0.58	0.96	0.92	0.76	0.87	0.82	0.88	0.77		0.84	-0.3	-0.91	0.89	0.94
Property Plant And Equipment Net	0.96	0.85	0.91	0.85	-0.49	0.9	-0.93	0.74	0.91	0.1	0.94	-0.67	0.85	0.77	0.79	0.93	0.95	0.62	0.98	0.98	0.84		0.0	-0.87	0.86	0.72
Current Deferred Revenue	-0.05	-0.32	-0.15	-0.13	0.55	-0.2	0.07	-0.62	-0.05	-0.61	-0.09	0.16	0.09	-0.19	0.03	0.01	-0.05	0.09	-0.07	0.02	-0.3	0.0		-0.05	-0.09	-0.17
Net Debt	-0.89	-0.65	-0.71	-0.98	0.68	-0.96	0.97	-0.58	-0.97	0.05	-0.95	0.29	-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
Non Current Assets Total	0.96	0.67	0.7	0.9	-0.74	0.9	-0.9	0.76	0.88	0.11	0.87	-0.34	0.62	0.86	0.85	0.74	0.96	0.75	0.92	0.81	0.89	0.86	-0.09	-0.89		0.85
Non Currrent Assets Other	0.77	0.51	0.55	0.96	-0.84	0.89	-0.91	0.65	0.91	-0.02	0.87	-0.18	0.47	1.0	0.97	0.61	0.76	0.96	0.76	0.63	0.94	0.72	-0.17	-0.91	0.85

Click cells to compare fundamentals

Legend BiotechCorp Account Relationship Matchups

Legend BiotechCorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	287.7M	721.0M	1.1B	1.3B	1.8B	938.8M
Other Current Liab	70.9M	99.2M	211.4M	260.9M	140.1M	147.9M
Total Current Liabilities	127.8M	161.2M	280.3M	297.8M	216.4M	203.5M
Total Stockholder Equity	(122.9M)	280.3M	471.2M	744.3M	1.3B	1.3B
Other Liab	277.8M	277.7M	244.8M	7.9M	7.1M	6.7M
Net Tangible Assets	(123.4M)	277.4M	466.5M	740.9M	852.0M	894.6M
Retained Earnings	(127.3M)	(430.8M)	(817.0M)	(966.5M)	(1.5B)	(1.4B)
Accounts Payable	9.6M	5.2M	7.0M	32.9M	20.2M	13.6M
Cash	83.4M	455.7M	688.9M	786.0M	1.3B	1.3B
Other Assets	665K	4.2M	7.3M	67.7M	1.0	0.95
Cash And Short Term Investments	158.9M	505.7M	882.4M	1.0B	1.3B	1.4B
Net Receivables	35.8M	85.0M	63.2M	90K	157.1M	164.9M
Inventory	1.2M	1.8M	1.7M	10.4M	19.4M	20.4M
Other Stockholder Equity	3.9M	430.8M	817.0M	744.3M	2.6B	2.8B
Total Liab	410.6M	440.8M	647.2M	586.7M	589.9M	522.0M
Total Current Assets	207.1M	592.9M	948.8M	1.1B	1.5B	770.5M
Intangible Assets	5.1M	7.7M	4.7M	3.4M	155.3M	163.0M
Property Plant Equipment	79.4M	121.1M	152.9M	160.8M	184.9M	100.7M
Short Long Term Debt Total	6.1M	3.4M	123.0M	284.5M	328.7M	345.1M
Property Plant And Equipment Net	75.5M	121.3M	155.1M	161.7M	189.7M	135.0M
Current Deferred Revenue	46.3M	55.3M	60.9M	451K	53.0M	34.2M
Net Debt	(77.3M)	(452.3M)	(566.0M)	(501.5M)	(949.4M)	(901.9M)
Non Current Assets Total	80.6M	128.1M	169.6M	231.8M	350.8M	194.9M
Non Currrent Assets Other	665K	4.0M	5.1M	66.8M	152.4M	160.0M
Common Stock Shares Outstanding	132.0M	118.2M	140.9M	159.0M	176.1M	151.5M
Short Term Investments	75.6M	50M	193.5M	239.6M	31.0M	29.5M
Liabilities And Stockholders Equity	287.7M	721.0M	1.1B	1.3B	1.8B	1.1B
Non Current Liabilities Total	282.8M	279.6M	366.9M	288.9M	373.5M	339.7M
Capital Lease Obligations	6.1M	3.4M	2.5M	23.6M	47.3M	49.7M
Other Current Assets	11.3M	580.7M	1.4M	1.1B	12.2M	11.6M
Net Invested Capital	(122.9M)	280.3M	591.7M	1.0B	1.5B	1.6B
Property Plant And Equipment Gross	74.8M	116.5M	155.1M	161.7M	224.7M	140.2M
Accumulated Other Comprehensive Income	(122.9M)	280.2M	471.2M	744.3M	98.9M	94.0M
Net Working Capital	79.3M	431.7M	668.5M	801.3M	1.3B	1.3B
Short Term Debt	1.0M	1.5M	911K	3.6M	3.2M	1.9M

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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:

How To Invest In Legend

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Is Legend Stock a good investment?

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What is Legend BiotechCorp's Net Worth?

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Legend Stock analysis

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.

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Legend Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

Legend BiotechCorp fundamental ratios Correlations

Legend BiotechCorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Legend BiotechCorp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Legend Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Inventory
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.99	Total Current Assets
Common Stock	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities

Cash And Short Term Investments	- 0.99	Retained Earnings
Cash	- 0.99	Retained Earnings
Retained Earnings	- 0.98	Net Tangible Assets
Net Debt	- 0.98	Total Stockholder Equity
Retained Earnings	- 0.98	Total Stockholder Equity
Net Debt	- 0.97	Other Stockholder Equity