ImmunovantInc Total Stockholder Equity vs Property Plant And Equipment Net Analysis

IMVT Stock  USD 27.17  0.58  2.09%   
ImmunovantInc financial indicator trend analysis is infinitely more than just investigating ImmunovantInc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ImmunovantInc is a good investment. Please check the relationship between ImmunovantInc Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ImmunovantInc. 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.
For more information on how to buy ImmunovantInc Stock please use our How to Invest in ImmunovantInc guide.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ImmunovantInc Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ImmunovantInc's Total Stockholder Equity and Property Plant And Equipment Net is 0.93. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of ImmunovantInc, assuming nothing else is changed. The correlation between historical values of ImmunovantInc's Total Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of ImmunovantInc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., ImmunovantInc's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from ImmunovantInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ImmunovantInc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ImmunovantInc. 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.
For more information on how to buy ImmunovantInc Stock please use our How to Invest in ImmunovantInc guide.At this time, ImmunovantInc's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 78.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 30.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses156.0M208.3M239.5M123.8M
Research Development101.8M160.3M184.3M98.9M

ImmunovantInc fundamental ratios Correlations

0.891.01.00.560.910.910.91.00.710.830.92-0.9-0.98-0.881.00.920.921.00.20.980.020.970.73-0.91.0
0.890.890.890.430.980.991.00.890.610.980.74-0.86-0.91-0.980.910.740.840.910.10.940.00.940.91-0.890.91
1.00.891.00.560.910.910.91.00.710.820.93-0.9-0.98-0.881.00.930.911.00.190.970.020.970.72-0.91.0
1.00.891.00.560.910.910.91.00.710.820.93-0.9-0.98-0.881.00.930.911.00.190.970.010.970.72-0.91.0
0.560.430.560.560.350.360.440.560.360.220.52-0.41-0.57-0.310.560.520.390.560.910.430.00.430.02-0.380.55
0.910.980.910.910.351.00.990.910.660.980.81-0.88-0.93-0.970.930.810.860.93-0.010.95-0.010.940.92-0.910.93
0.910.990.910.910.361.00.990.910.630.980.8-0.86-0.93-0.980.930.80.840.930.00.95-0.060.950.93-0.890.93
0.91.00.90.90.440.990.990.910.630.970.76-0.87-0.92-0.980.920.760.840.920.10.940.00.940.9-0.90.92
1.00.891.01.00.560.910.910.910.70.830.92-0.9-0.98-0.881.00.920.921.00.20.980.020.970.73-0.91.0
0.710.610.710.710.360.660.630.630.70.570.76-0.89-0.75-0.540.720.780.840.720.080.690.590.60.46-0.880.72
0.830.980.820.820.220.980.980.970.830.570.67-0.83-0.84-0.980.840.670.810.84-0.110.910.010.90.98-0.870.84
0.920.740.930.930.520.810.80.760.920.760.67-0.81-0.94-0.720.931.00.790.930.140.85-0.050.820.57-0.810.93
-0.9-0.86-0.9-0.9-0.41-0.88-0.86-0.87-0.9-0.89-0.83-0.810.910.83-0.9-0.82-0.98-0.9-0.07-0.92-0.4-0.87-0.731.0-0.9
-0.98-0.91-0.98-0.98-0.57-0.93-0.93-0.92-0.98-0.75-0.84-0.940.910.89-0.99-0.94-0.88-0.99-0.2-0.95-0.01-0.94-0.740.91-0.99
-0.88-0.98-0.88-0.88-0.31-0.97-0.98-0.98-0.88-0.54-0.98-0.720.830.89-0.89-0.72-0.82-0.890.04-0.940.07-0.95-0.940.86-0.89
1.00.911.01.00.560.930.930.921.00.720.840.93-0.9-0.99-0.890.930.911.00.190.980.010.970.74-0.911.0
0.920.740.930.930.520.810.80.760.920.780.671.0-0.82-0.94-0.720.930.80.930.140.85-0.010.820.57-0.820.93
0.920.840.910.910.390.860.840.840.920.840.810.79-0.98-0.88-0.820.910.80.910.060.940.390.90.71-0.970.91
1.00.911.01.00.560.930.930.921.00.720.840.93-0.9-0.99-0.891.00.930.910.190.980.010.970.74-0.911.0
0.20.10.190.190.91-0.010.00.10.20.08-0.110.14-0.07-0.20.040.190.140.060.190.060.040.08-0.31-0.040.18
0.980.940.970.970.430.950.950.940.980.690.910.85-0.92-0.95-0.940.980.850.940.980.060.070.990.83-0.930.98
0.020.00.020.010.0-0.01-0.060.00.020.590.01-0.05-0.4-0.010.070.01-0.010.390.010.040.07-0.03-0.07-0.370.01
0.970.940.970.970.430.940.950.940.970.60.90.82-0.87-0.94-0.950.970.820.90.970.080.99-0.030.84-0.880.97
0.730.910.720.720.020.920.930.90.730.460.980.57-0.73-0.74-0.940.740.570.710.74-0.310.83-0.070.84-0.780.74
-0.9-0.89-0.9-0.9-0.38-0.91-0.89-0.9-0.9-0.88-0.87-0.811.00.910.86-0.91-0.82-0.97-0.91-0.04-0.93-0.37-0.88-0.78-0.91
1.00.911.01.00.550.930.930.921.00.720.840.93-0.9-0.99-0.891.00.930.911.00.180.980.010.970.74-0.91
Click cells to compare fundamentals

ImmunovantInc Account Relationship Matchups

ImmunovantInc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets109.4M412.5M515.6M405.8M466.7M264.7M
Total Current Liabilities15.3M18.8M44.5M43.3M49.8M52.3M
Total Stockholder Equity94.1M391.5M469.8M362.5M416.9M241.3M
Net Tangible Assets94.1M391.5M469.8M362.5M416.9M242.7M
Accounts Payable1.2M2.4M18.6M1.4M1.6M1.5M
Common Stock Shares Outstanding43.2M87.8M109.7M123.1M141.5M148.6M
Other Stockholder Equity185.3M590.4M824.8M928.0M1.1B1.1B
Total Liab15.3M21.0M45.7M43.3M49.8M52.3M
Total Current Assets109.1M409.0M512.9M404.3M465.0M263.2M
Short Long Term Debt Total3.2M3.4M2.4M1.2M1.4M2.3M
Other Current Liab14.1M15.2M24.7M40.8M46.9M49.2M
Property Plant And Equipment Net65K3.5M2.6M1.5M1.7M1.7M
Net Debt(97.4M)(396.7M)(491.5M)(375.3M)(337.8M)(354.7M)
Retained Earnings(91.2M)(198.7M)(355.4M)(566.3M)(509.7M)(484.2M)
Cash100.6M400.1M493.8M376.5M433.0M301.7M
Non Current Assets Total311K3.5M2.6M1.5M1.7M1.8M
Cash And Short Term Investments100.6M400.1M493.8M376.5M433.0M301.7M
Net Receivables3.0M548K12.9M885K1.0M966.9K
Common Stock Total Equity5K10K12K13K15.0K8.9K
Liabilities And Stockholders Equity109.4M412.5M515.6M405.8M466.7M317.6M
Non Current Liabilities Total14.1M2.2M1.2M47K42.3K40.2K
Capital Surpluse185.3M590.4M824.8M928.0M1.1B556.3M
Other Current Assets5.5M8.3M6.3M26.9M31.0M32.5M
Net Invested Capital94.1M391.5M469.8M362.5M416.9M290.0M
Capital Stock5K10K12K13K15.0K8.9K
Net Working Capital93.8M390.2M468.4M361.0M415.2M288.9M
Short Term Debt3.2M1.2M1.1M1.2M1.1M1.1M
Common Stock5K10K12K13K15.0K8.9K
Property Plant Equipment65K201K330K333K383.0K216.3K

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When determining whether ImmunovantInc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ImmunovantInc Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Immunovantinc Stock. Highlighted below are key reports to facilitate an investment decision about Immunovantinc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ImmunovantInc. 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.
For more information on how to buy ImmunovantInc Stock please use our How to Invest in ImmunovantInc guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is ImmunovantInc'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 ImmunovantInc. If investors know ImmunovantInc 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 ImmunovantInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.81)
Return On Assets
(0.27)
Return On Equity
(0.45)
The market value of ImmunovantInc is measured differently than its book value, which is the value of ImmunovantInc that is recorded on the company's balance sheet. Investors also form their own opinion of ImmunovantInc's value that differs from its market value or its book value, called intrinsic value, which is ImmunovantInc'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 ImmunovantInc's market value can be influenced by many factors that don't directly affect ImmunovantInc'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 ImmunovantInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if ImmunovantInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ImmunovantInc'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.