Corcept Therapeutics Financials

CORT Stock  USD 55.31  0.87  1.60%   
Based on the key indicators related to Corcept Therapeutics' liquidity, profitability, solvency, and operating efficiency, Corcept Therapeutics Incorporated is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in February. At this time, Corcept Therapeutics' Other Assets are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 750.5 M in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 83.1 M in 2025. Key indicators impacting Corcept Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.753.95
Notably Down
Pretty Stable
Investors should never underestimate Corcept Therapeutics' 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 Corcept Therapeutics' cash flow, debt, and profitability to make informed and accurate decisions about investing in Corcept Therapeutics Incorporated.

Net Income

128.16 Million

  
Understanding current and past Corcept Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Corcept Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Corcept Therapeutics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Corcept Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corcept Therapeutics Incorporated. Check Corcept Therapeutics' Beneish M Score to see the likelihood of Corcept Therapeutics' management manipulating its earnings.

Corcept Therapeutics Stock Summary

Corcept Therapeutics competes with Ideaya Biosciences, AnaptysBio, MeiraGTx Holdings, Keros Therapeutics, and Edgewise Therapeutics. Corcept Therapeutics Incorporated discovers, develops, and commercializes drugs for the treatment of severe metabolic, oncologic, and neuropsychiatric disorders in the United States. Corcept Therapeutics Incorporated was incorporated in 1998 and is headquartered in Menlo Park, California. Corcept Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 238 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS2183521028
CUSIP218352102
LocationCalifornia; U.S.A
Business Address149 Commonwealth Drive,
SectorPharmaceuticals
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.corcept.com
Phone650 327 3270
CurrencyUSD - US Dollar

Corcept Therapeutics Key Financial Ratios

Corcept Therapeutics Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets571.7M423.8M583.4M621.5M714.7M750.5M
Other Current Liab(11.5M)39.1M58.1M65.6M75.4M79.2M
Accounts Payable10.6M6.9M12.0M17.4M20.0M21.0M
Cash476.9M335.8M436.6M135.6M155.9M116.6M
Other Current Assets6.7M10.3M45.0M41.6M47.8M50.2M
Total Liab48.4M48.0M81.6M114.8M132.0M138.6M
Common Stock122K127K131K133K153.0K85.9K
Other Assets61.1M52.9M43.5M77.5M89.1M93.5M
Net Debt(474.3M)(335.3M)(435.5M)(135.4M)(121.9M)(128.0M)
Retained Earnings82.5M195.0M296.4M402.5M462.9M486.1M
Total Current Assets524.2M381.4M498.7M458.6M527.4M553.8M
Short Term Debt2.1M1.1M2.3M151K173.7K165.0K
Net Tangible Assets371.2M523.3M375.8M501.8M577.1M606.0M
Capital Surpluse417.2M457.1M516.1M591.3M680.1M426.4M
Inventory21.2M18.0M17.0M7.7M8.9M9.6M
Net Receivables26.2M27.6M31.1M41.1M47.3M49.7M
Net Invested Capital523.3M375.8M501.8M506.7M582.7M431.5M

Corcept Therapeutics Key Income Statement Accounts

The reason investors look at the income statement is to determine what Corcept Therapeutics' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense5.1M5.6M3.6M3.6M4.1M4.3M
Research Development114.8M113.9M131.0M184.4M212.0M222.6M
Operating Income128.2M124.5M112.6M107.3M123.4M129.5M
Ebit128.2M124.5M112.6M107.3M123.4M129.5M
Ebitda130.4M127.5M115.6M108.3M124.6M130.8M
Net Income106.0M112.5M101.4M106.1M122.1M128.2M
Income Tax Expense25.6M12.5M14.8M18.4M21.2M22.2M
Income Before Tax131.6M125.0M116.2M124.6M143.2M150.4M
Total Revenue353.9M366.0M401.9M482.4M554.7M582.5M
Gross Profit348.3M360.7M396.5M475.9M547.3M574.6M
Cost Of Revenue5.6M5.3M5.4M6.5M5.8M5.7M
Interest Income3.4M529K3.6M17.3M19.9M20.9M
Net Interest Income3.4M529K3.6M17.3M19.9M20.9M
Tax Provision25.6M12.5M14.8M18.4M21.2M22.2M

Corcept Therapeutics Key Cash Accounts

202020212022202320242025 (projected)
Capital Expenditures1.2M469K413K139K125.1K118.8K
End Period Cash Flow76.2M77.6M66.3M135.6M155.9M163.7M
Change In Cash44.9M1.4M(11.3M)69.2M79.6M83.6M
Free Cash Flow150.7M167.4M119.9M126.9M145.9M153.2M
Depreciation2.2M3.1M3.0M2.4M2.7M2.9M
Other Non Cash Items1.5M5.1M1.4M(9.1M)(8.2M)(7.8M)
Net Income106.0M112.5M101.4M106.1M122.1M128.2M
Change To Inventory(3.5M)3.4M1.2M1.3M1.5M1.5M
Change To Netincome46.2M47.8M47.3M9.9M11.4M14.5M
Change Receivables10.6M(2.3M)(6.3M)(1.4M)(1.3M)(1.3M)
Investments(118.0M)136.6M(114.3M)56.6M65.1M68.3M

Corcept Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Corcept Therapeutics's current stock value. Our valuation model uses many indicators to compare Corcept Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corcept Therapeutics competition to find correlations between indicators driving Corcept Therapeutics's intrinsic value. More Info.
Corcept Therapeutics Incorporated is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.50  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Corcept Therapeutics Incorporated is roughly  1.98 . At this time, Corcept Therapeutics' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Corcept Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Corcept Therapeutics Systematic Risk

Corcept Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Corcept Therapeutics 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Corcept Therapeutics correlated with the market. If Beta is less than 0 Corcept Therapeutics generally moves in the opposite direction as compared to the market. If Corcept Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corcept Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corcept Therapeutics is generally in the same direction as the market. If Beta > 1 Corcept Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Corcept Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Corcept Therapeutics' 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 Corcept Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.06

At this time, Corcept Therapeutics' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Corcept Therapeutics January 20, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Corcept Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Corcept Therapeutics Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corcept Therapeutics Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Corcept Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corcept Therapeutics's daily price indicators and compare them against related drivers.

Additional Tools for Corcept Stock Analysis

When running Corcept Therapeutics' price analysis, check to measure Corcept Therapeutics' 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 Corcept Therapeutics is operating at the current time. Most of Corcept Therapeutics' value examination focuses on studying past and present price action to predict the probability of Corcept Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corcept Therapeutics' price. Additionally, you may evaluate how the addition of Corcept Therapeutics to your portfolios can decrease your overall portfolio volatility.