Biomarin Pharmaceutical Financials

BMRN Stock  USD 65.42  0.54  0.83%   
Based on the analysis of Biomarin Pharmaceutical's profitability, liquidity, and operating efficiency, Biomarin Pharmaceutical is doing better financially today then in previous quarter. It has a moderate odds of reporting better financial numbers in December. At this time, Biomarin Pharmaceutical's Cash is very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 4.1 B, while Short and Long Term Debt Total is likely to drop about 575.2 M. Key indicators impacting Biomarin Pharmaceutical's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.310.2195
Significantly Up
Pretty Stable
Current Ratio2.392.5115
Notably Down
Slightly volatile
Investors should never underestimate Biomarin Pharmaceutical's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Biomarin Pharmaceutical's cash flow, debt, and profitability to make informed and accurate decisions about investing in Biomarin Pharmaceutical.

Net Income

176.03 Million

  
Understanding current and past Biomarin Pharmaceutical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Biomarin Pharmaceutical's financial statements are interrelated, with each one affecting the others. For example, an increase in Biomarin Pharmaceutical's assets may result in an increase in income on the income statement.

Biomarin Pharmaceutical Earnings Geography

Biomarin Pharmaceutical Stock Summary

Biomarin Pharmaceutical competes with Alnylam Pharmaceuticals, Exelixis, Halozyme Therapeutics, Arrowhead Pharmaceuticals, and Incyte. BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. The company was incorporated in 1996 and is headquartered in San Rafael, California. Biomarin Pharmaceuticals operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 3045 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS09061G1013
CUSIP09061G101
LocationCalifornia; U.S.A
Business Address770 Lindaro Street,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.biomarin.com
Phone415 506 6700
CurrencyUSD - US Dollar

Biomarin Pharmaceutical Key Financial Ratios

Biomarin Pharmaceutical Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.8B6.0B6.4B6.8B7.2B
Other Current Liab(13.0M)289.2M329.4M330.3M351.6M369.2M
Net Debt410.7M426.0M491.8M358.5M340.6M214.5M
Retained Earnings(1.7B)(861.6M)(925.7M)(789.2M)(621.6M)(652.6M)
Accounts Payable570.6M191.4M193.0M231.2M315.5M331.3M
Cash437.4M649.2M587.3M724.5M755.1M792.9M
Net Receivables377.4M448.4M373.4M461.3M633.7M665.4M
Inventory680.3M698.5M776.7M894.1M1.1B1.2B
Other Current Assets130.7M129.9M110.4M104.5M141.4M148.5M
Total Liab1.6B1.7B1.7B1.8B1.9B2.0B
Total Current Assets1.9B2.3B2.3B2.8B3.0B3.1B
Intangible Assets456.6M417.3M388.7M338.6M294.7M244.4M
Common Stock180K182K184K186K189K133.2K
Other Assets612.0M1.6B1.6B1.6B1.8B1.9B
Long Term Debt486.2M1.1B1.1B1.1B593.1M553.3M
Other Liab98.1M174.3M113.7M73.5M84.5M81.8M
Net Tangible Assets2.5B3.5B3.7B4.1B4.7B4.9B
Long Term Debt Total830.4M486.2M1.1B1.1B1.2B730.7M
Capital Surpluse4.7B4.8B5.0B5.2B6.0B3.7B

Biomarin Pharmaceutical Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense23.5M29.3M15.3M16.0M17.3M18.0M
Total Revenue1.7B1.9B1.8B2.1B2.4B2.5B
Gross Profit1.3B1.3B1.4B1.6B1.8B1.9B
Operating Income(125.5M)(96.3M)(60.0M)57.5M194.4M204.2M
Ebit(125.5M)(111.7M)(60.0M)165.5M205.9M216.2M
Research Development715.0M628.1M628.8M649.6M746.8M784.1M
Ebitda(22.2M)(5.9M)48.0M267.5M310.3M325.8M
Cost Of Revenue359.5M524.3M470.5M483.7M577.1M605.9M
Income Before Tax(94.8M)(42.3M)(75.4M)149.6M188.6M198.0M
Net Income(23.8M)854.0M(64.1M)141.6M167.6M176.0M
Income Tax Expense(71.0M)(901.4M)(11.3M)8.0M20.9M22.0M
Tax Provision(71.0M)(901.4M)(11.3M)8.0M4.7M4.9M
Interest Income22.7M16.6M10.5M18.0M49.0M51.5M
Net Interest Income(712K)(12.7M)(4.9M)2.1M34.1M35.8M

Biomarin Pharmaceutical Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(107.6M)(61.2M)(35.1M)(68.3M)(157.1M)(149.2M)
Change In Cash(56.5M)211.7M(61.9M)137.3M30.6M31.7M
Free Cash Flow(115.1M)(52.2M)185.3M44.4M51.6M54.2M
Depreciation105.3M105.2M108.0M102.0M104.4M109.6M
Other Non Cash Items(9.2M)44.7M12.9M(115.5M)61.6M64.7M
Capital Expenditures163.4M137.5M119.2M131.5M107.6M88.6M
Net Income(23.8M)859.1M(64.1M)141.6M167.6M176.0M
End Period Cash Flow437.4M649.2M587.3M724.5M755.1M792.9M
Investments108.2M26.2M(366.3M)(20.0M)(101.0M)(106.0M)
Change Receivables(54.3M)(37.9M)(59.0M)65.6M75.4M79.2M
Net Borrowings(5.1M)210.8M(3.0M)(2.6M)(2.3M)(2.2M)
Change To Netincome56.7M(671.6M)185.2M28.8M25.9M27.2M

Biomarin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Biomarin Pharmaceutical's current stock value. Our valuation model uses many indicators to compare Biomarin Pharmaceutical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Biomarin Pharmaceutical competition to find correlations between indicators driving Biomarin Pharmaceutical's intrinsic value. More Info.
Biomarin Pharmaceutical is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.48  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Biomarin Pharmaceutical is roughly  2.08 . At this time, Biomarin Pharmaceutical's Return On Equity is very stable compared to the past year. 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 Biomarin Pharmaceutical's earnings, one of the primary drivers of an investment's value.

Biomarin Pharmaceutical's Earnings Breakdown by Geography

Biomarin Pharmaceutical Systematic Risk

Biomarin Pharmaceutical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Biomarin Pharmaceutical 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Biomarin Pharmaceutical correlated with the market. If Beta is less than 0 Biomarin Pharmaceutical generally moves in the opposite direction as compared to the market. If Biomarin Pharmaceutical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Biomarin Pharmaceutical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Biomarin Pharmaceutical is generally in the same direction as the market. If Beta > 1 Biomarin Pharmaceutical moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Biomarin Pharmaceutical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Biomarin Pharmaceutical's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Biomarin Pharmaceutical growth as a starting point in their analysis.

Price Earnings To Growth Ratio

6.63

At this time, Biomarin Pharmaceutical's Price Earnings To Growth Ratio is very stable compared to the past year.

Biomarin Pharmaceutical November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Biomarin Pharmaceutical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Biomarin Pharmaceutical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Biomarin Pharmaceutical based on widely used predictive technical indicators. In general, we focus on analyzing Biomarin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Biomarin Pharmaceutical's daily price indicators and compare them against related drivers.
When determining whether Biomarin Pharmaceutical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomarin Pharmaceutical'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 Biomarin Pharmaceutical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomarin Pharmaceutical Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Biotechnology space 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 Biomarin Pharmaceutical. If investors know Biomarin 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 Biomarin Pharmaceutical 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
1.607
Earnings Share
1.66
Revenue Per Share
14.529
Quarterly Revenue Growth
0.283
Return On Assets
0.03
The market value of Biomarin Pharmaceutical is measured differently than its book value, which is the value of Biomarin that is recorded on the company's balance sheet. Investors also form their own opinion of Biomarin Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is Biomarin Pharmaceutical'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 Biomarin Pharmaceutical's market value can be influenced by many factors that don't directly affect Biomarin Pharmaceutical'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 Biomarin Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomarin Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomarin Pharmaceutical'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.