ideal current ratio for pharmaceutical industry

Teva Pharmaceutical Industries Limited is a global pharmaceutical company that develops, manufactures, and markets both branded and generic drugs, as well as active pharmaceutical ingredients in North America, Europe, Latin America, India, and Israel. More about current ratio . Quick Ratio With revenue increase of 30.11 % in the 1 Q 2022, from same quarter a year ago, Major Pharmaceutical Preparations Industry's asset turnover ratio increased to 0.47 , lower than Major Pharmaceutical Preparations Industry average. Discover the right bonds meeting your investment amount & investment horizon, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 15-20 High Growth Stocks primed for price jumps, +272.45 (+1.57%) The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Pharmaceutical market: worldwide revenue 2001-2022, Global pharmaceutical market - revenue distribution 2010-2021, by region, Top therapeutic classes by global pharmaceutical sales 2018 estimates, Total global pharmaceutical R&D spending 2014-2028, Number of novel drugs approved annually by CDER 2008-2022, Revenue of the worldwide pharmaceutical market from 2001 to 2022 (in billion U.S. dollars), World pharmaceutical sales 2017-2021 by region, Global pharmaceutical sales from 2017 to 2021, by region* (in billion U.S. dollars), World pharmaceutical market distribution by submarket 2014-2021, Distribution of the total global pharmaceutical market sales from 2014 to 2021, by submarket*, Revenues of top 10 global pharmaceutical markets 2021, Revenues of top 10 national pharmaceutical markets worldwide in 2021 (in billion U.S. dollars), Top pharmaceutical products by sales worldwide 2021, Leading pharmaceutical products by sales worldwide in 2021 (in billion U.S. dollars), Share of pharmaceutical value worldwide 2021, by country, Value share of the pharmaceutical market worldwide as of November 2021, by country*, Value share of pharmaceutical subsectors worldwide 2003 vs. 2021, Value share of the pharmaceutical market worldwide in 2003 and 2021, by subsector*, Top therapy classes by spending global market 2026 forecast, Projected top therapy areas worldwide in 2026, by spending (in billion U.S. dollars), Global pharmaceutical revenue by technology 2012-2026, Global pharmaceutical revenue distributed by technology from 2012 to 2026 (in billion U.S. dollars), Worldwide Rx drug sales excluding generics and orphan drugs 2012-2026, Prescription drugs sales worldwide excluding generics and orphan drugs from 2012 to 2026 (in billion U.S. dollars), Projection of global revenue for orphan prescription drugs 2012-2026, Global prescription orphan drug sales from 2012 to 2026 (in billion U.S. dollars), Worldwide generic prescription drug sales 2012-2026, Worldwide generic prescription drug sales from 2012 to 2026 (in billion U.S. dollars), Revenue of the global OTC pharmaceutical market 2016-2027, Revenue of the global OTC pharmaceutical market from 2016 to 2027 (in billion U.S. dollars), Global oncology spending from 2011 to 2023 (in billion U.S. dollars), Tota pharmaceutical value worldwide 2021, by subsector, Total pharmaceutical value worldwide as of November 2021, by subsector* (in million U.S. dollars), Top 50 pharmaceutical companies - Rx sales and R&D spending 2021, Leading 50 global pharmaceutical companies by prescription sales and R&D spending in 2021 (in billion U.S. dollars), Global Rx drug market share by top companies 2019 and 2026, Top 20 pharmaceutical companies worldwide based on prescription drug market share in 2019 and 2026*, Top 10 biotech and pharmaceutical companies based on market cap 2022, Leading 10 biotech and pharmaceutical companies worldwide based on market capitalization as of 2022 (in billion U.S. dollars), Pfizer's total revenue from 2006 to 2021 (in million U.S. dollars), Novartis AG's total revenue from 2007 to 2022 (in billion U.S. dollars), Total sales of the Roche Group from 2006 to 2022 (in million Swiss francs), Johnson & Johnson's total sales 2005-2022, Johnson & Johnson's total sales from 2005 to 2022 (in million U.S. dollars), Projected top pharmaceutical companies based on new sales 2023, Leading pharmaceutical companies worldwide based on projected sales increase during 2023 (in billion U.S. dollars), Total global spending on pharmaceutical research and development from 2014 to 2028 (in billion U.S. dollars), Global top pharmaceutical companies based on R&D spending 2026, Global top 10 pharmaceutical companies based on projected R&D spending in 2026 (in billion U.S. dollars), Patent expiration risks for total worldwide prescription drug revenue 2020-2028, Worldwide total prescription drug revenue at risk from patent expiration from 2020 to 2028 (in billion U.S. dollars), Worldwide prescription drug revenue - market risk from patent expiration 2020-2028, Share of global prescription drug revenue at risk from patent expiration from 2020 to 2028, Pharmaceutical industry - number of new substances 1998-2021, Number of new chemical or biological entities developed between 1998 and 2021, by region of origin, Pharma companies worldwide with active R&D pipelines 2001-2022, Total number of pharmaceutical companies with active R&D pipelines worldwide from 2001 to 2022, Total number of novel drugs approved by CDER from 2008 to 2022, Projected most valuable R&D projects based on net present value 2022, Selected top pharmaceutical R&D projects based on net present value (NPV) as of December 2022 (in billion U.S. dollars), World pharmaceutical sales by region forecast 2025, Projected global pharmaceutical sales for 2025, by region* (in billion U.S. dollars), Global spending on medicines in 2010, 2021, and a forecast for 2026 (in billion U.S. dollars), CAGR by product type in pharmaceutical markets forecast 2022-2026, Projected pharmaceutical spending CAGR worldwide between 2022 and 2026, by market and product type, Country comparison in spending on medicine 2026, Projected spending on medicine of selected countries worldwide in 2026 (in billion U.S. dollars), Leading global pharmaceutical products by projected sales 2026, Projected top 10 global pharmaceutical products by sales in 2026 (in million U.S. dollars), Top global biopharma drugs by lifetime sales up to 2026, Projected top 10 pharmaceutical products worldwide based on lifetime sales as of 2026 (in billion U.S. dollars), COVID-19 vaccine dose numbers by top manufacturer 2021, Drug manufacturers with the highest number of ordered COVID-19 vaccine doses as of March 2021* (in million doses), Top companies by COVID-19 treatment vaccines in development June 2022, Leading companies by number of COVID-19 drugs and vaccines in development as of June 3, 2022, Number of COVID-19 drugs in development worldwide by phase June 2022, Number of coronavirus (COVID-19) drugs and vaccines in development worldwide as of June 3, 2022, by phase, BARDA funding for the development of COVID-19 vaccines in the U.S. 2021, BARDA funding for the development of COVID-19 vaccines in the United States as of March 2021* (in million U.S. dollars), Forecasted sales of select COVID-19 vaccines worldwide 2021-2022, Forecasted sales of select COVID-19 vaccines worldwide in 2021 and 2022 (in billion U.S. dollars), Gilead Science's remdesivir manufacturing projections 2020, Cumulative amount of remdesivir treatment courses projected to be manufactured by Gilead Sciences during 2020 (in 1,000s), Global mRNA vaccines and therapeutics market for COVID-19 Q4 2020 vs. 2025, Global mRNA vaccines and therapeutics market for COVID-19 in Q4 2020 and a forecast for Q4 2025 (in million U.S. dollars). Current ratio Quick ratio= Current assets/Current liabilities. Browse . Are you interested in testing our business solutions? The Asia Pacific is the third-largest market for pharmaceuticals globally, after North America and Europe. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Although a higher ROE figure is generally a better ROE figure, investors should exercise caution when a very high ROE is a result of extremely high financial leverage. Key ratios are the main mathematical ratios that illustrate and summarize the current financial condition of a company. Europe generated around 228 billion U.S. The return on research capital ratio (RORC) is a fundamental measure that reveals the gross profit that a company realizes from each dollar of R&D expenditures. Understanding Key Financial Ratios and Pharmaceutical Stocks, Price-to-Book (PB) Ratio: Meaning, Formula, and Example, Fixed Asset Turnover Ratio Explained With Examples, Understanding Liquidity Ratios: Types and Their Importance. The best scenario is when the inventory matches sales. More about current ratio . This corresponds to a value of 1 or little higher than 1. Compare PFE With Other Stocks. 71. Hold Indoco Remedies; target of Rs 250: ICICI Direct. The Current P/E Ratio of SUN PHARMACEUTICAL INDUSTRIES is 53.67. Company Valuation More about current ratio. Teva acquired Allergan's generics business Actavis Generics. by ; in how many hadron colliders are there; on July 7, 2022 . Despite the exponential growth curve, our AUM to GDP ratio is significantly low at 16% as compared to a global average of 74%. Quick ratio is also a quick test to predict the companys capacity to pay its current liabilities without having to sell its inventory for a loss or raise additional funds. The Current P/B Ratio of SUN PHARMACEUTICAL INDUSTRIES is 4.82. Home > PE Ratio > SUN PHARMACEUTICAL INDUSTRIES . For example, a quick ratio of 1.7 indicates that the company has $1.70 liquid assets available for every $1 of their current liabilities. Its especially helpful for the businesses lenders that assessability of the business to repay their dues. Despite being the leading COVID-19 vaccine manufacturer in North America, Pfizer slid in the rankings to third place. Novo Nordisk's gross margin in that year was 82 . R&D, patents, new products 8 Premium Statistic Total global pharmaceutical R&D spending 2014-2028 Basic Statistic Global top pharmaceutical companies based on R&D spending 2026 Pharmaceutical companies are characterized by high capital expenditures on research and development (R&D) and a long period between initial research and finally getting a product to market. Current Ratio - breakdown by industry The current ratio indicates a company's ability to meet short-term debt obligations. Clicking on the following button will update the content below. With revenue increase of 4.27% in 4 Q 2022 year on year, revenue per employee for Biotechnology & Pharmaceuticals Industry grew on trailing twelve months basis to 997,180 $, above Biotechnology & Pharmaceuticals Industry average. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Tylenol and Band-Aid are some of Johnson & Johnsons most well-known consumer brands. The healthcare sectoris one of the largest market sectors, encompassing a variety of Search for published reports. Industry: Major Pharmaceutical Preparations, >, Compare Industry's quick ratio to Wkhs's or S&P, Constituent list of Major Pharmaceutical Preparations Industry. Financial ratios are the cornerstone of any company valuation. This ratio, also known as the debtors turnover ratio, is an efficiency ratio that indicates the companys ability in collecting revenue from its customers. China is the biggest market in this region. For example, this ratio is likely to be used as a reliable measure of net sales vs fixed assets in a manufacturing company which invests heavily in fixed assets such as the property, plant, and equipment (PPE). Search Stocks. Note, Numbers include only companies who have reported earnings results. If you have a Facebook or Twitter account, you can use it to log in to ReadyRatios: You can log in if you are registered at one of these services: This website uses cookies. Europes top high-tech industry employers are the research-based pharmaceutical industries. The annual growth rate has a CAGR of 1.8%. Gland Pharmas new product play for FY22 holds a lot of promise. Population aging, pricing pressures and greater expectations from more people The industry is trading close to its 3-year average PS ratio of 4.3x. This ratio too does not have a range and needs to be compared with the companys previous ratios and those of similar businesses in the industry. A basic comparison of your company figures with those of your competitors will provide a quick insight into your business performance. 420 Lexington Avenue, Suite 300 Do you want to find out the Price to Sales (PS) ratio history of SUN PHARMACEUTICAL INDUSTRIES and compare it with industry peers of SUN PHARMACEUTICAL INDUSTRIES . Explore now . Keywords: DuPont's 3-point, DuPont's 5-point, financial ratios 1. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Return on research capital (RORC) is a measure to assess the revenue a company brings in as a result of expenditures made on R&D activities. calibrated vs uncalibrated radiocarbon dates Menu Current Industry PE. The cookie is used to store the user consent for the cookies in the category "Performance". Analysts, investors, creditors, and all other lending institutions rely on these ratios to gauge a companys footing in the business.

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ideal current ratio for pharmaceutical industry