What does CA — operating lease price per square foot mean?

The average annual rent cost per square foot for California office or lab space.

How do you interpret CA — operating lease price per square foot?

An increase reflects rising regional real estate costs or higher-quality facility requirements, while a decrease suggests cost optimization or favorable lease renewals.

How does CA — operating lease price per square foot compare across companies?

Comparable to regional commercial real estate benchmarks for biotech lab and office space in California.

Cytokinetics CYTK CA — Operating Lease Price Per Square Foot

Discontinued — last reported Q3 '19

Similar metrics at other companies

ARWRCalifornia — Operating lease, lease space (in sq ft)

144K—

SMMTCALIFORNIA — Area of premises subleased from other party (in square feet)

36.4K—

ARWRCA — Lease And Rental Expense

$33.8K—

SMMTCalifornia — Amortization of operating right-of-use assets

$700K—

ARWRCalifornia — Office space leases (in sq ft)

$144K0.0%

POWLCA — Operating Leases Rent Expense Net

$175K-12.5%

Other financials

Income statement

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Revenue$19.4M+1,126%

Operating income-$183.6M-18.0%

Net income-$206.0M-27.7%

EPS (diluted)-$1.67-22.8%

Balance sheet

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Cash & equivalents$129.8M+76.2%

Total debt$418.2M+75.8%

Total equity-$826.6M-210%

Total assets$1.3B+0.7%

Cash flow

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Operating cash flow-$145.5M-10.5%

CapEx$5.9M+4.7%

Free cash flow-$151.4M-10.3%

Valuation

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Market cap$10.7B+70.6%

Enterprise value$10.98B+70.7%

P/S101.1×-225×

Profitability

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Operating margin-605.1%-268pp

Net margin-784%-337pp

FCF margin-518.8%-223pp

Returns & leverage

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Return on equity-337.6%—

Debt / equity2.2×—

Current ratio4.2×-1.8×

Where this comes from

Reported directly by Cytokinetics in its filing.

Tagged under the XBRL concept cytk:OperatingLeasePricePerSquareFoot.

The official record: Cytokinetics’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does CA — operating lease price per square foot mean?: The average annual rent cost per square foot for California office or lab space.
How do you interpret CA — operating lease price per square foot?: An increase reflects rising regional real estate costs or higher-quality facility requirements, while a decrease suggests cost optimization or favorable lease renewals.
How does CA — operating lease price per square foot compare across companies?: Comparable to regional commercial real estate benchmarks for biotech lab and office space in California.