Liquidia Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.24
Dividend & YieldN/A$ (N/A)
Beta 0.24
Market capitalization 312.16M
Operating cash flow -31.54M
ESG Scores unknown

Company description

Liquidia Corporation, a biopharmaceutical company, develops, manufactures, and commercializes various products for unmet patient needs in the United States. Its product candidates include YUTREPIA, an inhaled dry powder formulation of treprostinil for the treatment of pulmonary arterial hypertension. It also distributes generic treprostinil injection in the United States. Liquidia Corporation was founded in 2004 and is headquartered in Morrisville, North Carolina.

Sector: Healthcare - Industry: Biotechnology

Financial Ratios
Quick Ratio8.36
Working Capital-0.64
Return On Equity-0.53
Debt To Equity0.16
Fixed Asset Ratio0.05
Fixed Interest Cover-41.47

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.9M -7.78M -297.16k -7.56M
Total Cashflows From Investing Activities -870.94k -1.85M 247.91k -107.22k
Net Borrowings -1.43M 4M -6.77M -419.84k
Total Cash From Financing Activities 68.82M 66.39M 63.42M 26.32M
Change To Operating Activities 1.85M 554.1k -1.41M -1.83M
Issuance Of Stock 53.5M 63.18M 71.31M 21.75M
Net Income -53.14M -47.58M -59.76M -34.58M
Change In Cash 36.12M 16.26M 9.52M -7.82M
Effect Of Exchange Rate
Total Cash From Operating Activities -31.83M -48.28M -54.14M -34.04M
Depreciation 1.54M 2.57M 2.94M 2.96M
Change To Account Receivables 1.35M 272.56k -2.99M -2.99M
Other Cashflows From Financing Activities -8.36M -788.68k -1.13M 4.99M
Change To Netincome 1.92M 3.61M 4.2M 7.31M
Capital Expenditures -870.94k -1.85M -752.09k -107.22k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 28.7M 40.49M 32.22M 20.52M
Income Before Tax -53.14M -47.58M -59.76M -34.58M
Net Income -53.14M -47.58M -59.76M -34.58M
Selling General Administrative 8.75M 13.6M 22.57M 23.11M
Gross Profit 2.59M 7.26M 501.92k 9.83M
Ebit -34.87M -46.82M -54.29M -33.8M
Operating Income -34.87M -46.82M -54.29M -33.8M
Interest Expense -18.99M -1.37M -858k -815.04k
Income Tax Expense
Total Revenue 2.71M 8.07M 739.63k 12.85M
Cost Of Revenue 121.39k 807.19k 237.71k 3.02M
Total Other Income ExpenseNet -18.27M -759.91k -5.47M -781.61k
Net Income From Continuing Ops -53.14M -47.58M -59.76M -34.58M
Net Income Applicable To Common Shares -53.14M -47.58M -59.76M -34.58M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 30.73M 33.89M 28.45M 28.46M
Total Stockholder Equity 18.69M 34.95M 71.09M 65.27M
Other Current Liabilities 268.6k 1.29M 1.77M
Total Assets 49.42M 68.84M 99.53M 93.73M
Common Stock 15.52k 28.23k 43.34k 52.29k
Other Current Assets
Retained Earnings -167.05M -215.24M -275M -309.58M
Treasury Stock
Cash 39.53M 55.8M 65.32M 57.49M
Total Current Liabilities 8.25M 16.87M 11.74M 7.33M
Other Stockholder Equity
Property, Plant, and Equipment 8.13M 12.08M 9.45M 7.43M
Total Current Assets 40.03M 56.39M 66.07M 61.28M
Net Tangible Assets 18.69M 34.95M 61.65M 56.97M
Net Receivables 272.56k 2.99M
Accounts Payable 3.24M 3.5M 3.73M 1.07M


Insider Transactions

Here are the insider transactions of stock shares related to Liquidia Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
JEFFS ROGER AD2022-10-03Chief Executive Officer47.42k
KASETA MICHAELPurchase at price 5.99 per share.D2022-09-13Chief Financial Officer8k
JEFFS ROGER APurchase at price 5.57 per share.D2022-09-06Chief Executive Officer43.82k
CALIGAN PARTNERS L,P.Purchase at price 5.62 per share.I2022-09-06Beneficial Owner of more than 10% of a Class of Security250k
SCHUNDLER RUSSELLStock Award(Grant) at price 5.61 - 5.69 per share.D2022-09-06General Counsel32.6k
JEFFS ROGER APurchase at price 4.90 per share.D2022-08-31Chief Executive Officer993
LIPPE ROBERT APurchase at price 4.90 per share.D2022-08-31Chief Operating Officer1.92k
KASETA MICHAELPurchase at price 4.90 per share.D2022-08-31Chief Financial Officer1.93k
MOOMAW SCOTTPurchase at price 4.90 per share.D2022-08-31Officer2.16k
SCHUNDLER RUSSELLStock Award(Grant) at price 4.90 per share.D2022-08-31General Counsel2.17k
SAGGAR RAJEEV M.D.Stock Award(Grant) at price 0.00 per share.D2022-07-18Officer93.83k
KASETA MICHAELPurchase at price 4.00 - 4.01 per share.D2022-05-31Chief Financial Officer18.7k
CALIGAN PARTNERS L,P.Purchase at price 3.40 per share.I2022-05-25Beneficial Owner of more than 10% of a Class of Security79.4k
JEFFS ROGER APurchase at price 3.53 per share.I2022-05-24Chief Executive Officer28k
LIPPE ROBERT APurchase at price 3.38 per share.D2022-05-24Chief Operating Officer29.63k
CALIGAN PARTNERS L,P.Purchase at price 5.81 - 5.99 per share.I2022-05-19Beneficial Owner of more than 10% of a Class of Security221.1k
MANNING PAUL B.Purchase at price 5.10 per share.D2022-04-18Director392.16k
CALIGAN PARTNERS L,P.Purchase at price 5.10 per share.I2022-04-18Beneficial Owner of more than 10% of a Class of Security1.76M
JEFFS ROGER AStock Award(Grant) at price 0.00 per share.I2022-03-31Chief Executive Officer154.17k
MANNING PAUL B.Stock Award(Grant) at price 0.00 per share.I2022-03-31Director435.67k
DEGOA DAMIANStock Award(Grant) at price 0.00 per share.D2022-03-31Director4.62k
SCHUNDLER RUSSELLStock Award(Grant) at price 0.00 per share.D2022-03-31General Counsel2.16k
KIRSCH ARTHUR SPurchase at price 4.24 per share.D2021-11-10Director30k
SHAH TUSHARD2021-11-10Officer51.25k
LIPPE ROBERT AD2021-11-10Chief Operating Officer51.25k
KASETA MICHAELD2021-11-10Chief Financial Officer9.25k
MOOMAW SCOTTD2021-11-10Officer7.65k
SCHUNDLER RUSSELLPurchase at price 4.18 - 4.28 per share.D2021-11-10General Counsel117.91k
MANNING PAUL B.Stock Gift at price 0.00 per share.I2021-09-07Director and Beneficial Owner of more than 10% of a Class of Security8.38M
SCHUNDLER RUSSELLPurchase at price 2.76 - 2.78 per share.D/I2021-05-18General Counsel97.75k
JEFFS ROGER APurchase at price 2.52 per share.D2021-04-13Director99.21k
MANNING PAUL B.Purchase at price 2.52 per share.I2021-04-13Director and Beneficial Owner of more than 10% of a Class of Security198.41k
ESHELMAN VENTURES, LLCSale at price 3.12 per share.I2021-01-26Beneficial Owner of more than 10% of a Class of Security1.76M
ESHELMAN VENTURES, LLCSale at price 2.95 - 2.97 per share.D2021-01-25Beneficial Owner of more than 10% of a Class of Security1.22M
ESHELMAN VENTURES, LLCSale at price 2.96 per share.I2021-01-21Beneficial Owner of more than 10% of a Class of Security328.25k
ESHELMAN VENTURES, LLCSale at price 2.95 - 2.97 per share.I2021-01-20Beneficial Owner of more than 10% of a Class of Security147.24k
ESHELMAN VENTURES, LLCSale at price 3.01 per share.I2021-01-15Beneficial Owner of more than 10% of a Class of Security27k
ESHELMAN VENTURES, LLCSale at price 3.02 - 3.07 per share.I2021-01-14Beneficial Owner of more than 10% of a Class of Security37.86k
ESHELMAN VENTURES, LLCSale at price 3.05 - 3.06 per share.D2021-01-12Beneficial Owner of more than 10% of a Class of Security112.86k
ESHELMAN VENTURES, LLCSale at price 3.08 - 3.12 per share.D2021-01-08Beneficial Owner of more than 10% of a Class of Security214.72k
ESHELMAN VENTURES, LLCSale at price 3.14 per share.I2020-12-22Beneficial Owner of more than 10% of a Class of Security7.95k
ESHELMAN VENTURES, LLCSale at price 3.13 - 3.14 per share.I2020-12-21Beneficial Owner of more than 10% of a Class of Security105.22k
ESHELMAN VENTURES, LLCSale at price 3.13 per share.D2020-12-14Beneficial Owner of more than 10% of a Class of Security6.42k
ESHELMAN VENTURES, LLCSale at price 3.13 per share.I2020-11-30Beneficial Owner of more than 10% of a Class of Security400

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Liquidia Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Liquidia Corp

Here is the result of two systematic investment strategies applied to Liquidia Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Liquidia Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Liquidia Corp:

Liquidia Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -39.28% on the backtest period.

Performance at glance

Performance

-39.28 %

Latent gain

-588.5 $

Invested capital

1498.29 $

Annualized return

-11.83 %
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Momentum strategy results on Liquidia Corp

This is the result of two momentum investment strategies applied to Liquidia Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Liquidia Corp

The following chart shows all the entries opened by the momentum investment system on Liquidia Corp:

Liquidia Corp momentum entries
  • The first momentum investment strategy would give -35.71% of return on Liquidia Corp. That represents -1347.18$ of latent gain with 3772.33$ of employed capital.
  • The second momentum investment strategy would give -10.78% of return on Liquidia Corp. That represents -432.61$ of latent gain with 4014.37$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-35.71 %

Latent gain

-1347.18 $

Invested capital

3772.33 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-10.78 %

Latent gain

-432.61 $

Invested capital

4014.37 $

Annualized return

-3.8 %

Momentum equity curve on Liquidia Corp

The following chart shows the equity curve of the two momentum strategies applied to Liquidia Corp:

Liquidia Corp momentum equity

Note: the dividends potentially given by Liquidia Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Liquidia Corp

The following chart shows the employed capital evolution of the two momentum strategies on Liquidia Corp since the beginning:

Liquidia Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Liquidia Corp

Buy the dip entry openings on Liquidia Corp

Liquidia Corp

The performance achieved by the robo-advisor on Liquidia Corp is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Liquidia Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Liquidia Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Liquidia Corp

The following chart shows the result of the investment strategy applied to Liquidia Corp:

Liquidia Corp

Note: the dividends potentially given by Liquidia Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Liquidia Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Liquidia Corp:

Liquidia Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Liquidia Corp

In this section, I will compare the three previous investment strategies applied to Liquidia Corp.

Equity curve comparison on Liquidia Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Liquidia Corp investment strategy comparison

Employed capital comparison on Liquidia Corp

Liquidia Corp investment comparison

Performance comparison on Liquidia Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -39.28% -588.5$ 1498.29$ -11.83%
Momentum 1 quarter -35.71% -1347.18$ 3772.33$ -11.59%
Momentum 2 quarters -10.78% -432.61$ 4014.37$ -3.8%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-11.83 %

Momentum 1Q

-3.8 %

Momentum 2Q

-3.8 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Liquidia Corp:

Positive correlations

Most correlated stocks this year

  • Liquidia Corp

  • Most correlated stocks last 3 months

  • Vasta Platform Ltd Class A
  • ISETAN
  • Virtus InfraCap U.S. Preferred Stock ETF
  • Liquidia Corp

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • DATRONIX HOLD
  • HYSAN DEV

  • Note: The algorithm computes the probability of correlation between Liquidia Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Liquidia Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Liquidia Corp
    Country United States
    City Morrisville
    Address 419 Davis Drive
    Phone 919 328 4400
    Website www.liquidia.com
    FullTime employees 52
    Industry Biotechnology
    Sector Healthcare
    Exchange XNAS
    Ticker LQDA
    Market www.nasdaq.com

    Liquidia Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown