Company Information

  

Address: 1925 W. FIELD COURT, SUITE 300  
City: LAKE FOREST 
State: IL 
Zip Code: 60045 
Telephone: 847-279-6100 

Description of Business

Primary SIC Code: 2834
(As filed with the SEC)  

Akorn, Inc., together with its wholly-owned subsidiaries (collectively "Akorn," the "Company," "we," "our" or "us") is a specialty generic pharmaceutical company that develops, manufactures and markets generic and branded prescription pharmaceuticals, branded as well as private-label over-the-counter consumer health products and animal health pharmaceuticals. We are an industry leader in the development, manufacturing and marketing of specialized generic pharmaceutical products in alternative dosage forms. We focus on difficult-to-manufacture sterile and non-sterile dosage forms including, but not limited to, ophthalmics, injectables, oral liquids, otics, topicals, inhalants and nasal sprays. Akorn is a Louisiana corporation founded in 1971 in Abita Springs, Louisiana. In 1997, we relocated our corporate headquarters to the Chicago, Illinois area and currently maintain our principal corporate offices in Lake Forest, Illinois.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.59NA56.25
06/20170.99NA33.88
03/20171.46NA16.49
12/20161.47NA14.85
09/20160.59NA46.20
06/20160.60NA47.48
12/20140.34NA106.47
09/20140.20NA181.35

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.35Total Liab/Total Assets0.58
Net Inc/Total Assets0.09Total Liab/Inv Cap0.64
Net Inc/Inv Cap0.10Total Liab/Comm Equity2.21
Pretax Inc/Net Sales0.24Interest Coverage Ratio7.35
Net Inc/Net Sales0.16Curr Debt/Equity0.01
Cash Flow/Net Sales0.15LTD/Equity0.99
SG&A/NetSales0.18Total Debt/Equity0.99
Asset Utilization   Liquidity  
Net Receivables Turnover5.15Quick Ratio2.91
Inventory Turnover2.46Current Ratio3.91
Inventory Day Sales0.01Net Rec/Curr Assets0.41
Net Sales/Work Cap2.19Inv/Curr Assets0.25
Net Sales/PP&E4.68  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 202.43 199.14 253.42 283.67
Cost of Goods Sold 104.47 96.17 104.29 114.41
Selling & Admin Exps 53.34 53.92 47.53 47.37
Operating Income 9.42 14.53 74.83 60.80
Interest Exp 9.59 9.38 9.57 10.10
Pretax Income -1.94 6.75 65.33 49.24
Other Income -1.77 1.60 0.06 -1.45
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.90 2.54 41.03 32.46

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 345.38 322.74 308.74 201.88
Receivables - Total 188.84 177.59 233.68 283.15
Inventories - Total 182.49 181.55 172.33 174.79
Total Current Assets 762.87 703.89 735.95 685.81
Net Property, Plant & Equipment 297.68 276.94 252.66 238.40
Total Assets 2,053.93 1,996.34 2,025.74 1,973.72
Liabilities        
Accounts Payable 178.33 123.87 169.85 170.56
Debt in Current Liabilities 4.99 4.99 4.99 4.99
Total Current Liabilities 183.32 128.86 174.84 175.56
Long-Term Debt 813.89 812.59 811.28 809.98
Total Liabilities 1,166.55 1,111.07 1,155.33 1,154.54
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 544.72 538.60 527.68 521.86
Retained Earnings 359.96 362.86 360.32 319.29
Treasury Stock NA NA NA NA
Total Stockholders' Equity 887.38 885.27 870.41 819.18
Total Liabilities and Stockholders' Equity 2,053.93 1,996.34 2,025.74 1,973.72

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 49.78 32.57 127.45 72.14
Net Cash Provided by Investing Activities -27.47 -23.13 -22.33 -26.13
Net Cash Provided by Financing Activities 0.34 5.78 1.12 -19.10

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012256.1635.380.32
12/2013317.7152.360.46
12/2014555.0513.880.34
12/2015985.08150.80--
12/20161,116.84184.241.47
Growth Rates44.5051.07--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1728394,85675.84




Report Date : 12/11/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.