Legend Ptb Ratio vs Ev To Operating Cash Flow Analysis

LEGN Stock  USD 45.93  1.95  4.43%   
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 Ptb Ratio and its Ev To Operating Cash Flow 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.

Ptb Ratio vs Ev To Operating Cash Flow

Ptb Ratio vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legend BiotechCorp Ptb Ratio account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Legend BiotechCorp's Ptb Ratio and Ev To Operating Cash Flow is 0.94. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Operating Cash Flow 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 Ptb Ratio and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Legend BiotechCorp are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Ptb Ratio i.e., Legend BiotechCorp's Ptb Ratio and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
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 3rd of May 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

Legend BiotechCorp Investors Sentiment

The influence of Legend BiotechCorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Legend. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Legend BiotechCorp's public news can be used to forecast risks associated with an investment in Legend. The trend in average sentiment can be used to explain how an investor holding Legend can time the market purely based on public headlines and social activities around Legend BiotechCorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Legend BiotechCorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Legend BiotechCorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Legend BiotechCorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Legend BiotechCorp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Legend BiotechCorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Legend BiotechCorp's short interest history, or implied volatility extrapolated from Legend BiotechCorp options trading.

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.