Harmony Biosciences Holdings
Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, focuses on developing and commercializing therapies for patients with rare and other neurological diseases in the United States. The company offers WAKIX (pitolisant), a molecule with a novel mechanism of action for the treatment of excessive daytime sleepiness in adult patients with narcolepsy. It also develops Pitoli… Read more
Harmony Biosciences Holdings (HRMY) - Net Assets
Latest net assets as of September 2025: $835.12 Million USD
Based on the latest financial reports, Harmony Biosciences Holdings (HRMY) has net assets worth $835.12 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.21 Billion) and total liabilities ($373.10 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $835.12 Million |
| % of Total Assets | 69.12% |
| Annual Growth Rate | 41.66% |
| 5-Year Change | 578.28% |
| 10-Year Change | N/A |
| Growth Volatility | 80.43 |
Harmony Biosciences Holdings - Net Assets Trend (2018–2024)
This chart illustrates how Harmony Biosciences Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Harmony Biosciences Holdings (2018–2024)
The table below shows the annual net assets of Harmony Biosciences Holdings from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $659.15 Million | +41.15% |
| 2023-12-31 | $466.99 Million | +15.93% |
| 2022-12-31 | $402.84 Million | +115.99% |
| 2021-12-31 | $186.51 Million | +91.92% |
| 2020-12-31 | $97.18 Million | +938.84% |
| 2019-12-31 | $-11.59 Million | -114.21% |
| 2018-12-31 | $81.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harmony Biosciences Holdings's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24488900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.22 Million | 0.34% |
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $66.00K | 0.01% |
| Other Components | $656.87 Million | 99.65% |
| Total Equity | $659.15 Million | 100.00% |
Harmony Biosciences Holdings Competitors by Market Cap
The table below lists competitors of Harmony Biosciences Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lions Gate Entertainment Corp
NYSE:LGF-A
|
$1.44 Billion |
|
JC Decaux SA
PA:DEC
|
$1.44 Billion |
|
APELLIS PHARMACT.DL-0001
F:1JK
|
$1.44 Billion |
|
Guangzhou Shiyuan Electronic Technology Co Ltd
SHE:002841
|
$1.44 Billion |
|
BVHMY
PINK:BVHMY
|
$1.44 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
$1.44 Billion |
|
ZEGLF
PINK:ZEGLF
|
$1.44 Billion |
|
Jungheinrich AG O.N.VZO
XETRA:JUN3
|
$1.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harmony Biosciences Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 466,992,000 to 659,155,000, a change of 192,163,000 (41.1%).
- Net income of 145,493,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 64,000.
- Other factors increased equity by 46,606,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $145.49 Million | +22.07% |
| Other Comprehensive Income | $64.00K | +0.01% |
| Other Changes | $46.61 Million | +7.07% |
| Total Change | $- | 41.15% |
Book Value vs Market Value Analysis
This analysis compares Harmony Biosciences Holdings's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.13x to 2.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $1.66 | $28.37 | x |
| 2019-12-31 | $-0.18 | $28.37 | x |
| 2020-12-31 | $1.68 | $28.37 | x |
| 2021-12-31 | $3.15 | $28.37 | x |
| 2022-12-31 | $6.59 | $28.37 | x |
| 2023-12-31 | $7.74 | $28.37 | x |
| 2024-12-31 | $11.39 | $28.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harmony Biosciences Holdings utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.36%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.52x
- Recent ROE (22.07%) is above the historical average (3.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -48.94% | 0.00% | 0.00x | 1.10x | $-48.05 Million |
| 2019 | 0.00% | -2535.06% | 0.06x | 0.00x | $-150.82 Million |
| 2020 | -38.02% | -23.13% | 0.37x | 4.39x | $-46.66 Million |
| 2021 | 18.55% | 11.33% | 0.70x | 2.32x | $15.95 Million |
| 2022 | 45.05% | 41.44% | 0.65x | 1.67x | $141.18 Million |
| 2023 | 27.59% | 22.14% | 0.72x | 1.74x | $82.15 Million |
| 2024 | 22.07% | 20.36% | 0.72x | 1.52x | $79.58 Million |
Industry Comparison
This section compares Harmony Biosciences Holdings's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $59,082,939
- Average return on equity (ROE) among peers: -341.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harmony Biosciences Holdings (HRMY) | $835.12 Million | -48.94% | 0.45x | $1.44 Billion |
| Aadi Bioscience Inc (AADI) | $-124.24K | 0.00% | 0.00x | $17.03 Million |
| America Great Health (AAGH) | $-992.37K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $70.63 Million | -1310.51% | 34.40x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $59.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $196.01 Million | -75.37% | 0.67x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $10.25 Million | -21.57% | 1.29x | $738.02 Million |
| Abeona Therapeutics Inc (ABEO) | $489.00K | -1919.02% | 38.85x | $202.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $188.78 Million | -22.70% | 0.04x | $108.65 Million |
| Abpro Holdings, Inc. (ABP) | $-22.46 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $176.18 Million | -62.76% | 0.23x | $345.85 Million |