Biohaven Other Current Assets vs Total Current Liabilities Analysis

BHVN Stock  USD 38.45  1.37  3.69%   
Biohaven Pharmaceutical financial indicator trend analysis is way more than just evaluating Biohaven Pharmaceutical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biohaven Pharmaceutical is a good investment. Please check the relationship between Biohaven Pharmaceutical Other Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biohaven Pharmaceutical Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biohaven Pharmaceutical Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Biohaven Pharmaceutical's Other Current Assets and Total Current Liabilities is 0.55. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Biohaven Pharmaceutical Holding, assuming nothing else is changed. The correlation between historical values of Biohaven Pharmaceutical's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Biohaven Pharmaceutical Holding are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Biohaven Pharmaceutical's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Biohaven Pharmaceutical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Biohaven Pharmaceutical Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Biohaven Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biohaven Pharmaceutical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Biohaven Pharmaceutical Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
At this time, Biohaven Pharmaceutical's Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value is likely to grow to about 3.2 B, though Tax Provision is likely to grow to (1.3 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.4M1.4M6.9M7.3M
Cost Of Revenue91.7M1.4M3.4M3.2M

Biohaven Pharmaceutical fundamental ratios Correlations

0.820.870.810.84-0.380.160.830.660.83-0.40.980.340.69-0.110.531.00.18-0.360.440.610.69-0.880.04-0.58-0.18
0.820.990.520.790.03-0.320.620.420.81-0.650.750.420.470.360.630.790.580.12-0.030.630.35-0.70.36-0.64-0.08
0.870.990.550.81-0.05-0.270.730.530.83-0.610.820.470.550.320.670.850.560.060.090.660.41-0.740.27-0.66-0.16
0.810.520.550.86-0.370.390.520.260.75-0.390.75-0.150.8-0.320.020.79-0.03-0.60.510.640.82-0.95-0.15-0.64-0.31
0.840.790.810.86-0.07-0.10.630.280.92-0.710.750.050.850.170.260.80.47-0.220.340.860.66-0.97-0.01-0.86-0.49
-0.380.03-0.05-0.37-0.07-0.84-0.47-0.620.13-0.42-0.51-0.37-0.380.76-0.32-0.450.670.85-0.650.26-0.720.270.66-0.29-0.05
0.16-0.32-0.270.39-0.1-0.840.070.23-0.240.520.25-0.110.14-0.97-0.170.22-0.92-0.90.52-0.370.57-0.15-0.480.390.24
0.830.620.730.520.63-0.470.070.90.6-0.140.890.670.720.030.760.840.23-0.250.620.520.56-0.64-0.24-0.47-0.43
0.660.420.530.260.28-0.620.230.90.270.210.780.820.41-0.160.840.71-0.03-0.290.520.110.43-0.33-0.25-0.06-0.12
0.830.810.830.750.920.13-0.240.60.27-0.740.720.00.660.260.240.780.540.00.270.90.43-0.870.26-0.87-0.41
-0.4-0.65-0.61-0.39-0.71-0.420.52-0.140.21-0.74-0.250.22-0.41-0.480.01-0.33-0.7-0.220.08-0.69-0.240.59-0.20.680.36
0.980.750.820.750.75-0.510.250.890.780.72-0.250.470.68-0.180.630.990.09-0.430.50.50.72-0.81-0.07-0.47-0.16
0.340.420.47-0.150.05-0.37-0.110.670.820.00.220.470.150.210.970.390.20.10.09-0.070.080.0-0.110.070.02
0.690.470.550.80.85-0.380.140.720.410.66-0.410.680.15-0.010.260.670.23-0.440.70.740.78-0.87-0.47-0.73-0.74
-0.110.360.32-0.320.170.76-0.970.03-0.160.26-0.48-0.180.21-0.010.27-0.170.940.87-0.460.44-0.50.080.41-0.48-0.33
0.530.630.670.020.26-0.32-0.170.760.840.240.010.630.970.260.270.560.320.110.10.120.17-0.20.0-0.12-0.01
1.00.790.850.790.8-0.450.220.840.710.78-0.330.990.390.67-0.170.560.12-0.410.450.550.71-0.850.0-0.52-0.14
0.180.580.56-0.030.470.67-0.920.23-0.030.54-0.70.090.20.230.940.320.120.7-0.30.64-0.22-0.230.35-0.66-0.43
-0.360.120.06-0.6-0.220.85-0.9-0.25-0.290.0-0.22-0.430.1-0.440.870.11-0.410.7-0.630.15-0.840.430.65-0.17-0.01
0.44-0.030.090.510.34-0.650.520.620.520.270.080.50.090.7-0.460.10.45-0.3-0.630.320.65-0.48-0.67-0.23-0.61
0.610.630.660.640.860.26-0.370.520.110.9-0.690.5-0.070.740.440.120.550.640.150.320.29-0.770.15-0.99-0.69
0.690.350.410.820.66-0.720.570.560.430.43-0.240.720.080.78-0.50.170.71-0.22-0.840.650.29-0.8-0.59-0.27-0.28
-0.88-0.7-0.74-0.95-0.970.27-0.15-0.64-0.33-0.870.59-0.810.0-0.870.08-0.2-0.85-0.230.43-0.48-0.77-0.80.120.760.43
0.040.360.27-0.15-0.010.66-0.48-0.24-0.250.26-0.2-0.07-0.11-0.470.410.00.00.350.65-0.670.15-0.590.12-0.190.47
-0.58-0.64-0.66-0.64-0.86-0.290.39-0.47-0.06-0.870.68-0.470.07-0.73-0.48-0.12-0.52-0.66-0.17-0.23-0.99-0.270.76-0.190.66
-0.18-0.08-0.16-0.31-0.49-0.050.24-0.43-0.12-0.410.36-0.160.02-0.74-0.33-0.01-0.14-0.43-0.01-0.61-0.69-0.280.430.470.66
Click cells to compare fundamentals

Biohaven Pharmaceutical Account Relationship Matchups

Biohaven Pharmaceutical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets344.3M111.5M142.1M661.8M513.2M347.2M
Other Current Liab52.1M27.1M37.2M79.3M36.5M38.6M
Total Current Liabilities66.2M29.9M41.9M90.0M55.4M49.1M
Total Stockholder Equity(7.4M)16.8M34.7M538.8M428.0M449.4M
Property Plant And Equipment Net8.2M13.6M18.2M52.4M48.6M51.0M
Net Debt(316.7M)185.0M550.7M(174.3M)(218.8M)(207.9M)
Retained Earnings(972.4M)(1.7B)(2.6B)(91.1M)(499.3M)(524.3M)
Accounts Payable14.1M2.8M4.8M10.7M15.6M10.0M
Cash316.7M82.5M76.1M204.9M249.7M151.5M
Non Current Assets Total16.0M21.7M47.2M74.8M70.8M40.6M
Non Currrent Assets Other7.8M1.0M3.2M2.6M2.4M4.2M
Cash And Short Term Investments316.7M82.5M76.1M465.3M383.1M270.2M
Liabilities And Stockholders Equity344.3M111.5M142.1M661.8M513.2M347.2M
Non Current Liabilities Total285.5M4.8M5.4M33.0M29.8M55.3M
Other Current Assets11.6M10K2.1M19.3M45.7M47.9M
Other Stockholder Equity83.5M98.9M169.7M13.9M39.8M73.8M
Total Liab351.7M34.7M47.4M123.0M85.2M91.0M
Total Current Assets328.3M89.8M94.8M587.0M442.4M306.6M
Common Stock881.4M1.2B1.7B615.7M887.5M970.6M

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When determining whether Biohaven Pharmaceutical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biohaven Pharmaceutical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biohaven Pharmaceutical Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biohaven Pharmaceutical Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biohaven Pharmaceutical Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Biohaven Pharmaceutical's price analysis, check to measure Biohaven Pharmaceutical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biohaven Pharmaceutical is operating at the current time. Most of Biohaven Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Biohaven Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biohaven Pharmaceutical's price. Additionally, you may evaluate how the addition of Biohaven Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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Is Biohaven Pharmaceutical's 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 Biohaven Pharmaceutical. If investors know Biohaven 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 Biohaven Pharmaceutical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.90)
Return On Assets
(0.65)
Return On Equity
(1.34)
The market value of Biohaven Pharmaceutical is measured differently than its book value, which is the value of Biohaven that is recorded on the company's balance sheet. Investors also form their own opinion of Biohaven Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is Biohaven Pharmaceutical's 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 Biohaven Pharmaceutical's market value can be influenced by many factors that don't directly affect Biohaven Pharmaceutical's 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 Biohaven Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biohaven Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biohaven Pharmaceutical's 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.