Longboard Pharmaceuticals, Inc. financial metrics

Period Q3 2024 · Filed 07 Nov 2024

Key metrics snapshot

Return On Equity

-47%

Trailing 12 months · Through 30 Sep 2024

YoY relative change: -43%

SEC metric history

Return On Assets

-43%

Trailing 12 months · Through 30 Sep 2024

YoY relative change: -41%

SEC metric history

Current Ratio

15.97x

Period-end balance · Through 30 Sep 2024

YoY relative change: +84%

SEC metric history

Profitability

Metric Latest value YoY relative change
Return On Equity -47%
Trailing 12 months · 30 Sep 2024
-43%
Return On Assets -43%
Trailing 12 months · 30 Sep 2024
-41%

Financial Health

Metric Latest value YoY relative change
Current Ratio 15.97x
Period-end balance · 30 Sep 2024
+84%

Growth

Metric Latest value YoY relative change
NetIncomeLoss YoY -50%
Trailing 12 months · 30 Sep 2024

Share Metrics

Metric Latest value YoY relative change
Entity Common Stock, Shares Outstanding 39,045,703
Period-end balance · 05 Nov 2024
+64%
Common Stock, Shares, Outstanding 34,419,536
Period-end balance · 30 Sep 2024
+61%
Weighted Average Number of Shares Outstanding, Basic 38,957,524
Reported period · 30 Sep 2024
+66%
Weighted Average Number of Shares Outstanding, Diluted 38,957,524
Reported period · 30 Sep 2024
+66%

Supporting Metrics

These supporting metrics stay fully source-backed for deeper research. Scan the latest value and reported period first, then open a metric page when you need the full filing trail.

Metric Latest value YoY relative change
Accounts Payable, Current $1,132,000
Period-end balance · 30 Sep 2024
+212%
Accrued Liabilities, Current $1,894,000
Period-end balance · 30 Sep 2024
+291%
Accumulated Other Comprehensive Income (Loss), Net of Tax $700,000
Period-end balance · 30 Sep 2024
Assets $297,005,000
Period-end balance · 30 Sep 2024
+405%
Assets, Current $293,030,000
Period-end balance · 30 Sep 2024
+402%
Cash and Cash Equivalents, at Carrying Value $27,610,000
Period-end balance · 30 Sep 2024
+15%
Cash, Cash Equivalents, and Short-term Investments $288,400,000
Period-end balance · 30 Sep 2024
+415%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $27,854,000
Period-end balance · 30 Sep 2024
+16%
Common Stock, Par or Stated Value Per Share 0
Period-end balance · 30 Sep 2024
0%
Common Stock, Shares Authorized 300,000,000
Period-end balance · 30 Sep 2024
0%
Common Stock, Shares, Issued 34,419,536
Period-end balance · 30 Sep 2024
+61%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $75,463,000
Trailing 12 months · 30 Sep 2024
-51%
Earnings Per Share, Basic -2
Trailing 12 months · 30 Sep 2024
+7.1%
Earnings Per Share, Diluted -2
Trailing 12 months · 30 Sep 2024
+7.1%
General and Administrative Expense $20,187,000
Trailing 12 months · 30 Sep 2024
+66%
Lessee, Operating Lease, Liability, to be Paid $5,102,000
Period-end balance · 30 Sep 2024
+859%
Lessee, Operating Lease, Liability, to be Paid, Year Four $856,000
Period-end balance · 30 Sep 2024
Lessee, Operating Lease, Liability, to be Paid, Year One $662,000
Period-end balance · 30 Sep 2024
+530%
Lessee, Operating Lease, Liability, to be Paid, Year Three $820,000
Period-end balance · 30 Sep 2024
Lessee, Operating Lease, Liability, to be Paid, Year Two $785,000
Period-end balance · 30 Sep 2024
+84%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,368,000
Period-end balance · 30 Sep 2024
+4460%
Liabilities and Equity $297,005,000
Period-end balance · 30 Sep 2024
+405%
Liabilities, Current $18,352,000
Period-end balance · 30 Sep 2024
+173%
Operating Income (Loss) $87,450,000
Trailing 12 months · 30 Sep 2024
-65%
Operating Lease, Liability $3,734,000
Period-end balance · 30 Sep 2024
+644%
Operating Lease, Liability, Current $267,000
Period-end balance · 30 Sep 2024
-32%
Operating Lease, Liability, Noncurrent $3,467,000
Period-end balance · 30 Sep 2024
+3110%
Operating Lease, Right-of-Use Asset $3,731,000
Period-end balance · 30 Sep 2024
+646%
Operating Lease, Weighted Average Discount Rate, Percent 0.1
Period-end balance · 30 Sep 2024
0%
Other Long-term Investments $244,000
Period-end balance · 30 Sep 2024
+578%
Preferred Stock, Par or Stated Value Per Share 0
Period-end balance · 30 Sep 2024
0%
Preferred Stock, Shares Authorized 10,000,000
Period-end balance · 30 Sep 2024
0%
Preferred Stock, Shares Issued 0
Period-end balance · 30 Sep 2024
Preferred Stock, Shares Outstanding 0
Period-end balance · 30 Sep 2024
Property, Plant and Equipment, Net $0
Period-end balance · 30 Sep 2024
-100%
Research and Development Expense $67,263,000
Trailing 12 months · 30 Sep 2024
+65%
Retained Earnings (Accumulated Deficit) $201,875,000
Period-end balance · 30 Sep 2024
-61%
Share-based Payment Arrangement, Expense $8,794,000
Trailing 12 months · 30 Sep 2024
+195%
Stockholders' Equity Attributable to Parent $275,186,000
Period-end balance · 30 Sep 2024
+429%
Comparisons, sources and research notes
Sources and sharing

Longboard Pharmaceuticals, Inc. Financial Facts

Context
Latest metrics period: Q3 2024
Latest reported value
Return On Equity -47%

Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open metric pages to inspect the reported history.

Tracking and update notes

Why revisit this company facts page

Company facts change as new 10-Q and 10-K filings update the latest reported period, headline values, and cross-company comparison context.

Latest source-backed update
Latest metrics period Q3 2024
Why come back
Use the next filing cycle to compare new facts against this baseline and then verify the detailed metric history.
  • Current latest metrics period: Q3 2024.
  • Most recent SEC facts end date on this page: 05 Nov 2024.
  • Save this filer to return when the next filing-backed metric period changes the picture.

Freshness comes from the latest SEC company facts period available for this filer and the linked metric history pages.

Latest update

Latest update for Longboard Pharmaceuticals, Inc.

New fact period available

Latest financial period: Q3 2024. Reopen this facts page to verify the newest reported period against the prior baseline.

Update date

07 Nov 2024

Page type

Company facts

Latest period

Q3 2024

SEC-backed company facts were refreshed from filings filed on 07 Nov 2024.

Benchmark Context

How Return On Equity compares

Return On Equity is down about 43% versus the comparable prior period.

Compared with

Compared with Longboard Pharmaceuticals, Inc.'s recent history first. Same-industry peer context appears only when enough SEC-backed benchmark coverage exists.

Why this is notable

Return On Equity already has a self-history signal here, but same-industry benchmark context waits until the benchmark sample is strong enough.

  • Latest comparable period on this page: Q3 2024.
  • Peer context will appear when enough companies report a comparable value for this metric.
  • Open the metric history first if you want to verify the exact period-to-period change.

Industry benchmark context uses SEC-reported values from the same methodology version. Latest periods may differ across companies.

How to read key metrics on this page

These short guides explain what the headline metrics mean, what to compare next, and where to open the live SEC-backed example for this company.

Plain-English Guide

How to read Net Income on this page

Net income is profit after operating costs, interest, taxes, and other non-operating items.

Why people care

It is the bottom-line profit figure many users recognize first, especially when they want to compare earnings with sales or cash flow.

How to read it

Use the same quarter or fiscal year comparison first, then check operating income or cash flow if the bottom line moved sharply.

Compare next

Compare it with operating income, EPS, and operating cash flow to see whether earnings are broad-based or driven by one-off items.

Net income can swing because of tax, financing, or accounting adjustments, so it is often less comparable than core operating metrics.

Filing notes and source

Key facts

  • Longboard Pharmaceuticals, Inc. financial facts use SEC filings; any third-party reference is labeled separately.
  • Latest metrics period on this page: Q3 2024.
  • Headline metric: Return On Equity -47%.

Change

  • Return On Equity YoY relative change: -43%.
  • Most recent SEC facts end date: 05 Nov 2024.

Research use

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Metric cards link to SEC history; a third-party reference may use a different or unverified reporting period.

Evidence

Based on latest 10-Q/10-K

Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open company facts to inspect the reported metric history.

View source filing

Latest financial snapshot (2024-11-05) highlights Return On Equity -46.7%, Return On Assets -42.9%, and Current Ratio 15.97x.

Valuation Snapshot

SEC-only DCF estimate using a normalized free cash flow base, cash, debt, and reported share count when available.

No market comparison No market comparison Low confidence

Fair value per share

$12.39

Market price

n/a

PEG ratio

n/a

Enterprise value

$771.1M

Equity value

$482.7M

DCF fair value scenarios

Bear

$7.37

No market comparison
Growth
1%
Discount
11%
Terminal
2%

Base

$12.39

No market comparison
Growth
4%
Discount
10%
Terminal
2.5%

Bull

$20.30

No market comparison
Growth
7%
Discount
9%
Terminal
3%

Base growth: DCF Growth Assumption.

Key valuation metrics

EV/Revenue

n/a

Market price market EV / SEC revenue

Market enterprise value is unavailable

EV/EBITDA

n/a

Market price market EV / SEC EBITDA

Market enterprise value is unavailable

P/E

n/a

Market price market price / SEC EPS

Market cap is unavailable

P/S

n/a

Market price market cap / SEC revenue

Market cap is unavailable

P/B

n/a

Market price market cap / SEC equity

Market cap is unavailable

PEG

n/a

P/E / DCF Growth Assumption

P/e or positive growth is unavailable

Core assumptions

Projection
5 years
FCF growth
4%
Discount rate
10%
Terminal growth
2.5%

SEC fact inputs

DCF base FCF
$52.95M
Trailing SEC FCF
Reported FCF
$52.95M
Net income
$76.34M
EBITDA
$87.44M
Cash
$288.4M
Debt
n/a
Equity
$275.19M
Shares
38,957,524

Data confidence notes

  • Dcf base free cash flow: dcf base starts from trailing sec free cash flow
  • Dcf base free cash flow: trailing free cash flow is not positive
  • Dcf confidence is low for this sec-only free cash flow estimate
  • Ticker missing for issuer
  • Debt missing: equity value treats debt as 0
  • Base free cash flow is negative; dcf output is mechanically computed but high risk
  • Peg unavailable: market price is missing

Compare This Company Through SEC-backed Metrics

Use these links to compare Longboard Pharmaceuticals, Inc. against other SEC filers on the same metric, then verify the company history from the paired facts page.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

3.2/100

Weak Confidence low

Return On Equity

-47%

Metric score 0.0/100

Return On Assets

-43%

Metric score 0.0/100

Financial Health

Current Ratio
15.97x

Strengths

No strong signals yet.

Watchpoints

Return On Equity, Return On Assets, and Current Ratio

Calculation methodology and other links

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • Operating Income / Revenues using matching TTM or quarter periods; basis shown per metric
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • Revenues YoY using available TTM or quarter comparison; basis shown per metric
  • Net Income YoY using available TTM or quarter comparison; basis shown per metric
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