Palatin Technologies Financials

PTN Stock  USD 0.88  0.02  2.33%   
Based on the key indicators related to Palatin Technologies' liquidity, profitability, solvency, and operating efficiency, Palatin Technologies may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At this time, Palatin Technologies' Total Liabilities is very stable compared to the past year. As of the 14th of December 2024, Property Plant And Equipment Gross is likely to grow to about 4.4 M, while Total Assets are likely to drop about 10.2 M. Key indicators impacting Palatin Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.961.0116
Notably Down
Very volatile
The essential information of the day-to-day investment outlook for Palatin Technologies includes many different criteria found on its balance sheet. An individual investor should monitor Palatin Technologies' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Palatin Technologies.

Cash And Equivalents

6.83 Million

  

Palatin Technologies Stock Summary

Palatin Technologies competes with Puma Biotechnology, Iovance Biotherapeutics, Day One, Inozyme Pharma, and Zentalis Pharmaceuticals. Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company was founded in 1986 and is based in Cranbury, New Jersey. Palatin Technologies operates under Biotechnology classification in the United States and is traded on AMEX Exchange. It employs 33 people.
Foreign Associate
  Germany
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS6960774031
CUSIP696077403 696077502 696077304
LocationNew Jersey; U.S.A
Business AddressCedar Brook Corporate
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitepalatin.com
Phone609 495 2200
CurrencyUSD - US Dollar

Palatin Technologies Key Financial Ratios

Palatin Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets85.1M67.3M36.1M17.9M10.7M10.2M
Other Current Liab2.9M9.2M12.2M9.9M4.7M4.9M
Net Debt(81.6M)(58.9M)(28.8M)(6.9M)(8.9M)(9.4M)
Retained Earnings(318.2M)(351.8M)(388.0M)(415.5M)(441.8M)(419.7M)
Accounts Payable715.7K640.7K3.2M4.3M4.1M4.3M
Cash82.9M60.1M29.9M8.0M9.5M9.1M
Other Current Assets609.9K3.1M1.9M1.9M242.3K230.2K
Total Liab4.9M17.6M19.8M17.8M10.9M12.8M
Total Current Assets83.6M65.9M34.6M16.3M9.8M9.3M
Short Term Debt312.8K703.7K944.1K920.9K853.1K1.2M
Common Stock2.3M2.3M92.7K116.6K179.3K170.3K
Net Tangible Assets80.2M49.7M16.3M134.0K154.1K146.4K
Capital Surpluse396.1M399.1M404.2M415.6M477.9M380.5M

Palatin Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense20.1K23.4K29.7K20.0K17.1K16.3K
Total Revenue118.0K(188.6K)1.5M4.9M4.5M4.3M
Gross Profit118.0K(336.4K)1.3M4.4M4.4M4.2M
Operating Income(23.6M)(33.4M)(36.6M)(32.5M)(22.5M)(23.6M)
Ebit(23.6M)(33.8M)(36.6M)(32.5M)(29.4M)(27.9M)
Research Development14.0M12.9M21.3M22.6M22.4M20.5M
Ebitda(23.5M)(33.4M)(36.5M)(32.2M)(29.0M)(27.6M)
Income Before Tax(22.4M)(33.6M)(36.2M)(32.2M)(29.7M)(28.2M)
Net Income(22.4M)(33.6M)(35.8M)(27.5M)(29.7M)(28.2M)
Income Tax Expense(44.1K)(27.7K)(390.1K)(4.7M)(7.8M)(7.4M)
Cost Of Revenue14.0M147.8K217.5K418.5K97.6K92.8K
Interest Income1.2M212.4K390.2K242K217.8K206.9K
Net Interest Income(20.1K)(23.4K)(29.7K)(20.0K)(17.1K)(18.0K)

Palatin Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash39.3M(22.7M)(30.2M)(21.9M)1.5M1.6M
Free Cash Flow41.3M(22.7M)(30.2M)(28.9M)(31.5M)(29.9M)
Depreciation64.2K51.1K126.7K288.3K339.1K503.1K
Other Non Cash Items299.0K19.4M203.9K(2.6M)(530.3K)(556.8K)
Capital Expenditures62.9K5.7K261.4K433.9K42.5K40.4K
Net Income(22.4M)(33.6M)(36.2M)(27.5M)(29.7M)(28.2M)
End Period Cash Flow82.9M60.1M29.9M8.0M9.5M9.1M
Change To Inventory(524.6K)(987.2K)217.5K418.5K(1.2M)(1.1M)
Net Borrowings(6.5M)(832.9K)(56.5K)(100.9K)(90.8K)(95.4K)
Dividends Paid115.8K2.5M221.3K146.1K168.0K303.1K
Change To Netincome3.1M22.8M2.7M1.2M1.4M1.3M
Investments(62.9K)(5.7K)(261.4K)(3.4M)12.5M13.1M

Palatin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Palatin Technologies's current stock value. Our valuation model uses many indicators to compare Palatin Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Palatin Technologies competition to find correlations between indicators driving Palatin Technologies's intrinsic value. More Info.
Palatin Technologies is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Palatin Technologies' 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 Palatin Technologies' earnings, one of the primary drivers of an investment's value.

Palatin Technologies Systematic Risk

Palatin Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Palatin Technologies 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Palatin Technologies correlated with the market. If Beta is less than 0 Palatin Technologies generally moves in the opposite direction as compared to the market. If Palatin Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Palatin Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Palatin Technologies is generally in the same direction as the market. If Beta > 1 Palatin Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Palatin Technologies Thematic Clasifications

Palatin Technologies is part of Biotech investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services
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This theme covers Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services. Get More Thematic Ideas
Today, most investors in Palatin Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Palatin Technologies' 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 Palatin Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0609

At this time, Palatin Technologies' Price Earnings To Growth Ratio is very stable compared to the past year.

Palatin Technologies December 14, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Palatin Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Palatin Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Palatin Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Palatin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Palatin Technologies's daily price indicators and compare them against related drivers.
When determining whether Palatin Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palatin Technologies' 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 Palatin Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palatin Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palatin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment 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 Palatin Technologies. If investors know Palatin 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 Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
0.306
Quarterly Revenue Growth
(0.80)
Return On Assets
(1.32)
Return On Equity
(6.23)
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' 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 Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' 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 Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' 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.