Arena Pharmaceuticals Inc FCF yield
What is the FCF yield of Arena Pharmaceuticals Inc?
The FCF yield of Arena Pharmaceuticals Inc is -7.36%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Health Care sector on NASDAQ compared to Arena Pharmaceuticals Inc
What does Arena Pharmaceuticals Inc do?
Arena Pharmaceuticals, Inc. is a biopharmaceutical company founded in 1997 and located in San Diego, California. The company has small molecule drugs in development for possible clinical utility in multiple therapeutic areas
Companies with fcf yield similar to Arena Pharmaceuticals Inc
- SLM has FCF yield of -7.40%
- 3D Systems has FCF yield of -7.40%
- Chargepoint has FCF yield of -7.39%
- Marimaca Copper Corp has FCF yield of -7.39%
- Agora has FCF yield of -7.38%
- Imagion Biosystems has FCF yield of -7.37%
- Arena Pharmaceuticals Inc has FCF yield of -7.36%
- Telecom Plus PLC has FCF yield of -7.36%
- Patriot Transportation has FCF yield of -7.36%
- Ping An Healthcare and Technology has FCF yield of -7.35%
- Excellon Resources has FCF yield of -7.35%
- BlueBird Battery Metals has FCF yield of -7.35%
- Guangzhou Automobile Co has FCF yield of -7.34%