Minerva Long Term Debt Total vs Good Will Analysis

NERV Stock  USD 2.39  0.12  4.78%   
Minerva Neurosciences financial indicator trend analysis is infinitely more than just investigating Minerva Neurosciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerva Neurosciences is a good investment. Please check the relationship between Minerva Neurosciences Long Term Debt Total and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerva Neurosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Minerva Stock please use our How to Invest in Minerva Neurosciences guide.

Long Term Debt Total vs Good Will

Long Term Debt Total vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerva Neurosciences Long Term Debt Total account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Minerva Neurosciences' Long Term Debt Total and Good Will is -0.75. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Minerva Neurosciences, assuming nothing else is changed. The correlation between historical values of Minerva Neurosciences' Long Term Debt Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Minerva Neurosciences are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt Total i.e., Minerva Neurosciences' Long Term Debt Total and Good Will go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt Total

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Minerva Neurosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerva Neurosciences current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerva Neurosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Minerva Stock please use our How to Invest in Minerva Neurosciences guide.At this time, Minerva Neurosciences' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to 0.00 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.68) in 2024.
 2023 2024 (projected)
Extraordinary Items8.5M7.5M
Reconciled Depreciation29.6K57.8K

Minerva Neurosciences fundamental ratios Correlations

-0.470.810.76-0.43-0.340.650.960.650.46-0.010.620.480.960.70.040.180.720.630.630.010.750.690.360.17-0.36
-0.47-0.48-0.40.130.110.06-0.5-0.27-0.24-0.19-0.28-0.24-0.5-0.440.25-0.7-0.24-0.45-0.280.16-0.28-0.2-0.18-0.71-0.1
0.81-0.480.66-0.45-0.260.630.730.550.340.090.490.310.730.65-0.050.370.670.650.590.040.710.650.160.39-0.01
0.76-0.40.66-0.720.260.310.670.2-0.040.010.14-0.10.660.7-0.580.140.330.190.88-0.50.880.24-0.230.15-0.33
-0.430.13-0.45-0.72-0.22-0.47-0.41-0.130.05-0.35-0.090.15-0.41-0.770.47-0.23-0.18-0.24-0.490.62-0.56-0.070.24-0.130.32
-0.340.11-0.260.26-0.22-0.57-0.41-0.87-0.91-0.4-0.91-0.82-0.42-0.28-0.78-0.3-0.73-0.70.41-0.550.14-0.79-0.8-0.270.05
0.650.060.630.31-0.47-0.570.680.730.630.150.70.590.690.540.420.010.70.640.10.160.330.690.51-0.05-0.26
0.96-0.50.730.67-0.41-0.410.680.680.580.010.660.571.00.670.130.150.660.670.470.050.590.640.480.13-0.35
0.65-0.270.550.2-0.13-0.870.730.680.920.420.990.810.690.610.50.370.910.79-0.050.260.270.910.740.33-0.18
0.46-0.240.34-0.040.05-0.910.630.580.920.40.940.830.590.420.60.290.70.76-0.310.41-0.050.730.80.26-0.17
-0.01-0.190.090.01-0.35-0.40.150.010.420.40.450.040.020.63-0.010.650.290.33-0.27-0.2-0.090.250.00.550.13
0.62-0.280.490.14-0.09-0.910.70.660.990.940.450.820.670.590.540.390.880.79-0.10.290.20.890.750.35-0.19
0.48-0.240.31-0.10.15-0.820.590.570.810.830.040.820.580.230.730.160.710.74-0.270.40.00.730.990.11-0.14
0.96-0.50.730.66-0.41-0.420.691.00.690.590.020.670.580.670.150.150.670.670.470.050.580.650.490.13-0.35
0.7-0.440.650.7-0.77-0.280.540.670.610.420.630.590.230.67-0.220.570.630.630.43-0.360.620.540.120.48-0.29
0.040.25-0.05-0.580.47-0.780.420.130.50.6-0.010.540.730.15-0.22-0.210.40.35-0.590.7-0.430.50.78-0.250.18
0.18-0.70.370.14-0.23-0.30.010.150.370.290.650.390.160.150.57-0.210.350.560.03-0.190.160.30.10.980.04
0.72-0.240.670.33-0.18-0.730.70.660.910.70.290.880.710.670.630.40.350.740.230.20.540.990.60.33-0.16
0.63-0.450.650.19-0.24-0.70.640.670.790.760.330.790.740.670.630.350.560.740.050.290.270.750.670.51-0.27
0.63-0.280.590.88-0.490.410.10.47-0.05-0.31-0.27-0.1-0.270.470.43-0.590.030.230.05-0.340.930.17-0.380.08-0.33
0.010.160.04-0.50.62-0.550.160.050.260.41-0.20.290.40.05-0.360.7-0.190.20.29-0.34-0.340.360.44-0.130.11
0.75-0.280.710.88-0.560.140.330.590.27-0.05-0.090.20.00.580.62-0.430.160.540.270.93-0.340.46-0.130.19-0.36
0.69-0.20.650.24-0.07-0.790.690.640.910.730.250.890.730.650.540.50.30.990.750.170.360.460.640.29-0.14
0.36-0.180.16-0.230.24-0.80.510.480.740.80.00.750.990.490.120.780.10.60.67-0.380.44-0.130.640.05-0.14
0.17-0.710.390.15-0.13-0.27-0.050.130.330.260.550.350.110.130.48-0.250.980.330.510.08-0.130.190.290.050.03
-0.36-0.1-0.01-0.330.320.05-0.26-0.35-0.18-0.170.13-0.19-0.14-0.35-0.290.180.04-0.16-0.27-0.330.11-0.36-0.14-0.140.03
Click cells to compare fundamentals

Minerva Neurosciences Account Relationship Matchups

Minerva Neurosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.5M57.6M77.1M55.1M56.9M88.0M
Other Current Liab(41.2B)2.1M965.7K407.9K1.5M1.6M
Total Current Liabilities6.6M3.2M2.8M1.4M3.3M4.4M
Total Stockholder Equity27.8M52.7M8.0M(20.0M)(28.5M)(27.0M)
Net Debt(21.1M)(25.2M)(60.8M)37.6M41.0M43.1M
Retained Earnings(286.7M)(284.8M)(334.7M)(366.8M)(396.8M)(377.0M)
Cash21.4M25.4M60.8M36.1M41.0M34.7M
Cash And Short Term Investments45.9M25.4M60.8M36.1M41.0M51.4M
Common Stock Total Equity3.9K3.9K3.9K4.3K4.9K3.0K
Common Stock Shares Outstanding4.9M5.1M5.3M5.3M6.5M4.6M
Liabilities And Stockholders Equity77.5M57.6M77.1M55.1M56.9M88.0M
Other Current Assets1.3B2.1B1.4B4.0M989.9K940.4K
Other Stockholder Equity314.5M337.5M342.7M346.8M368.4M264.5M
Total Liab49.7M5.0M69.1M75.1M85.4M42.7M
Total Current Assets47.1M27.4M62.2M40.2M42.0M52.9M
Common Stock3.9K4K4.3K534.0699.0664.05
Property Plant And Equipment Net278K101.8K51.1K16.3K10.9K10.3K
Accounts Payable2.3M995.6K1.9M969.7K1.8M1.5M
Non Current Assets Total30.4M30.2M14.9M14.9M14.9M27.9M
Non Current Liabilities Total43.1M1.8M66.3M73.7M82.0M41.8M
Property Plant And Equipment Gross278.0K101.8K0.016.3K18.8K17.8K
Short Term Debt4.0M(41.2B)173K111.2K100.1K105.1K
Property Plant Equipment33.5K16.0K101.8K16.3K18.8K36.8K
Other Liab43.0M1.8M66.3M73.7M84.8M89.0M
Net Tangible Assets(2.3M)22.6M(6.9M)(34.9M)(31.4M)(29.9M)
Retained Earnings Total Equity(164.4M)(214.6M)(286.7M)(284.8M)(256.3M)(269.1M)
Capital Surpluse296.0M304.8M314.5M337.5M388.1M278.9M
Non Current Liabilities Other41.2M41.3M66.3M73.7M82.0M41.9M
Net Invested Capital27.8M52.7M8.0M(20.0M)(28.5M)(27.0M)
Net Working Capital40.5M24.3M59.4M38.8M38.7M46.9M

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When determining whether Minerva Neurosciences is a strong investment it is important to analyze Minerva Neurosciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Minerva Neurosciences' future performance. For an informed investment choice regarding Minerva Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerva Neurosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Minerva Stock please use our How to Invest in Minerva Neurosciences guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Minerva Neurosciences' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Minerva Neurosciences. If investors know Minerva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Minerva Neurosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.43)
Return On Assets
(0.30)
Return On Equity
(6.75)
The market value of Minerva Neurosciences is measured differently than its book value, which is the value of Minerva that is recorded on the company's balance sheet. Investors also form their own opinion of Minerva Neurosciences' value that differs from its market value or its book value, called intrinsic value, which is Minerva Neurosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Minerva Neurosciences' market value can be influenced by many factors that don't directly affect Minerva Neurosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Minerva Neurosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerva Neurosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerva Neurosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.