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Discontinued — last reported Q4 '22

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Other financials

Income statement

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Revenue$58.8M+10.3%
Gross profit$54.2M+10.8%
Operating income$11.9M-7.0%
Net income$8.7M-24.4%
EPS (diluted)$0.44-30.2%

Balance sheet

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Cash & equivalents$24.5M-46.6%
Total debt$68.4M+5,079%
Total equity$399.9M+2,054%
Total assets$504.6M+187%

Cash flow

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Operating cash flow$2.7M+405%
Free cash flow-$22.0M

Valuation

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Market cap$750.37M+25.0%
Enterprise value$794.27M+44.9%
P/E2.1×-4.1×
P/S2.5×+0.3×

Profitability

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Gross margin93.4%+3.7pp
Operating margin41.6%+19.9pp
Net margin121.5%+103pp
FCF margin-61.7%

Returns & leverage

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Return on equity174.1%
Debt / equity0.2×+0.1×
Current ratio2.6×+0.4×

Where this comes from

Reported directly by Rigel Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Rigel Pharmaceuticals’s 10-K, filed March 5, 2024.

Filed
Mar 5, 2024
Fiscal year
FY2023
Accession
0001558370-24-002475
Line itemYear Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
Purchases of short-term investments(31,206)(28,894)(141,459)
Purchases of intangible asset(15,000)
Proceeds from sale of property and equipment259893
Purchases of property and equipment(450)(627)
Net cash (used in) provided by investing activities(4,297)72,777(80,036)
Financing activities
Net proceeds from term loan financing19,95019,542
Net proceeds from issuances of common stock upon exercise of options and participation in Purchase Plan1,0492,1244,775

Item 8. Financial Statements and Supplementary Data

FAQ

What is Rigel Pharmaceuticals's capex?
Rigel Pharmaceuticals (RIGL) reported capex of $73K in Q4 2022.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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