On Feb. 28, King Pharmaceuticals
- The top line grew by 21.2% due to higher sales of the Altace blood-pressure drug and the Skelaxin muscle relaxant.
- The company expanded its THROMBIN-JMI franchise by acquiring an exclusive license to Vascular Solutions' hemostatic products, used to check bleeding.
- King Pharmaceuticals says it will launch the new Altace tablets in the fourth quarter of 2007 or the first quarter of 2008.
- Among Motley Fool CAPS All-Stars, 96% have an outperform rating on the company.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$512.9 |
$423.3 |
21.2% |
|
Net Profit* |
$37.1 |
($94.2) |
N/A |
|
EPS |
$0.15 |
($0.39) |
N/A |
|
Diluted Shares |
243.1 |
241.8 |
0.5% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
77.8% |
84.1% |
(6.3) |
|
Operating Margin |
8.2% |
(34.9%) |
43.1 |
|
Net Margin |
7.2% |
(22.3%) |
29.5 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,004.0 |
$524.7 |
91.3% |
|
Accounts Rec. |
$265.5 |
$223.6 |
18.7% |
|
Inventory |
$215.5 |
$228.1 |
(5.5%) |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$77.2 |
$84.5 |
(8.7%) |
|
Long-Term Debt |
$400.0 |
$345.0 |
15.9 |
Learn the ways of the balance sheet.
Cash Flow Highlights
No data was available.
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