Merrimack Non Current Assets Total vs Total Stockholder Equity Analysis

MACK Stock

USD 14.73 0.02 0.14%

Merrimack Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Merrimack Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merrimack Pharmaceuticals is a good investment. Please check the relationship between Merrimack Pharmaceuticals Non Current Assets Total and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merrimack Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Merrimack Stock please use our How to buy in Merrimack Stock guide.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merrimack Pharmaceuticals Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Merrimack Pharmaceuticals' Non Current Assets Total and Total Stockholder Equity is -0.57. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Merrimack Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Merrimack Pharmaceuticals' Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Merrimack Pharmaceuticals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Merrimack Pharmaceuticals' Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.

Most indicators from Merrimack Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merrimack Pharmaceuticals 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 Merrimack Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Merrimack Stock please use our How to buy in Merrimack Stock guide.Tax Provision is expected to rise to about 12.6 K this year, although the value of Selling General Administrative will most likely fall to 2,067.

	2023	2024 (projected)
Total Operating Expenses	2.2M	2.1M
Cost Of Revenue	400.5K	380.5K

Total Operating Expenses Cost Of Revenue

Merrimack Pharmaceuticals fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets
Common Stock Shares Outstanding		-0.33	0.04	-0.57	-0.5	0.49	-0.2	0.65	0.13	-0.53	-0.39	-0.22	-0.45	0.14	-0.29	-0.79	-0.49	-0.31	0.79	-0.52	-0.2	-0.3	0.08	-0.78	-0.75	0.2
Total Assets	-0.33		0.66	0.67	0.76	-0.34	0.83	-0.02	0.34	-0.22	0.43	0.79	0.92	0.27	0.98	-0.05	0.64	0.68	0.01	0.71	0.83	1.0	0.54	-0.05	0.69	0.09
Short Long Term Debt Total	0.04	0.66		0.54	0.76	-0.5	0.93	0.37	0.84	-0.82	0.1	0.58	0.66	-0.11	0.57	-0.19	0.6	0.34	0.43	0.68	0.93	0.65	0.76	-0.19	0.32	0.42
Other Current Liab	-0.57	0.67	0.54		0.87	-0.61	0.74	-0.11	0.42	-0.11	-0.05	0.45	0.78	-0.06	0.61	0.43	0.67	0.31	-0.27	0.76	0.74	0.63	0.21	0.43	0.65	0.17
Total Current Liabilities	-0.5	0.76	0.76	0.87		-0.67	0.89	0.11	0.61	-0.35	0.21	0.56	0.86	-0.05	0.66	0.3	0.74	0.43	-0.09	0.84	0.89	0.72	0.47	0.3	0.64	0.27
Total Stockholder Equity	0.49	-0.34	-0.5	-0.61	-0.67		-0.6	0.22	-0.44	0.15	-0.1	-0.33	-0.57	0.38	-0.19	-0.26	-0.93	-0.45	0.47	-0.91	-0.6	-0.29	-0.32	-0.26	-0.68	-0.21
Property Plant And Equipment Net	-0.2	0.83	0.93	0.74	0.89	-0.6		0.22	0.69	-0.59	0.17	0.72	0.86	-0.02	0.75	-0.05	0.75	0.47	0.17	0.83	1.0	0.81	0.69	-0.05	0.56	0.32
Current Deferred Revenue	0.65	-0.02	0.37	-0.11	0.11	0.22	0.22		0.35	-0.63	-0.38	0.08	-0.09	0.06	0.02	-0.4	-0.26	-0.32	0.71	-0.18	0.22	0.0	0.41	-0.4	-0.57	0.14
Net Debt	0.13	0.34	0.84	0.42	0.61	-0.44	0.69	0.35		-0.86	0.06	0.06	0.39	-0.31	0.21	-0.25	0.42	0.26	0.49	0.49	0.69	0.32	0.38	-0.25	0.16	0.5
Retained Earnings	-0.53	-0.22	-0.82	-0.11	-0.35	0.15	-0.59	-0.63	-0.86		0.12	-0.16	-0.2	0.11	-0.14	0.51	-0.16	-0.02	-0.79	-0.22	-0.59	-0.22	-0.54	0.51	0.2	-0.53
Accounts Payable	-0.39	0.43	0.1	-0.05	0.21	-0.1	0.17	-0.38	0.06	0.12		0.17	0.39	0.17	0.38	-0.07	0.27	0.71	-0.15	0.27	0.17	0.43	0.03	-0.07	0.58	0.0
Cash	-0.22	0.79	0.58	0.45	0.56	-0.33	0.72	0.08	0.06	-0.16	0.17		0.73	0.27	0.79	0.07	0.57	0.34	-0.04	0.6	0.72	0.78	0.81	0.07	0.45	0.03
Non Current Assets Total	-0.45	0.92	0.66	0.78	0.86	-0.57	0.86	-0.09	0.39	-0.2	0.39	0.73		0.3	0.83	0.12	0.78	0.66	-0.14	0.84	0.86	0.89	0.44	0.12	0.74	0.34
Non Currrent Assets Other	0.14	0.27	-0.11	-0.06	-0.05	0.38	-0.02	0.06	-0.31	0.11	0.17	0.27	0.3		0.28	-0.11	-0.2	0.1	0.17	-0.17	-0.02	0.25	-0.08	-0.11	-0.14	0.46
Cash And Short Term Investments	-0.29	0.98	0.57	0.61	0.66	-0.19	0.75	0.02	0.21	-0.14	0.38	0.79	0.83	0.28		-0.05	0.51	0.6	0.03	0.58	0.75	0.99	0.53	-0.06	0.62	-0.07
Common Stock Total Equity	-0.79	-0.05	-0.19	0.43	0.3	-0.26	-0.05	-0.4	-0.25	0.51	-0.07	0.07	0.12	-0.11	-0.05		0.13	-0.25	-0.63	0.18	-0.05	-0.08	-0.12	1.0	0.26	-0.1
Non Current Liabilities Total	-0.49	0.64	0.6	0.67	0.74	-0.93	0.75	-0.26	0.42	-0.16	0.27	0.57	0.78	-0.2	0.51	0.13		0.67	-0.41	0.98	0.75	0.6	0.45	0.13	0.83	0.17
Other Current Assets	-0.31	0.68	0.34	0.31	0.43	-0.45	0.47	-0.32	0.26	-0.02	0.71	0.34	0.66	0.1	0.6	-0.25	0.67		-0.22	0.64	0.47	0.67	0.18	-0.25	0.78	0.04
Other Stockholder Equity	0.79	0.01	0.43	-0.27	-0.09	0.47	0.17	0.71	0.49	-0.79	-0.15	-0.04	-0.14	0.17	0.03	-0.63	-0.41	-0.22		-0.35	0.17	0.05	0.29	-0.63	-0.58	0.36
Total Liab	-0.52	0.71	0.68	0.76	0.84	-0.91	0.83	-0.18	0.49	-0.22	0.27	0.6	0.84	-0.17	0.58	0.18	0.98	0.64	-0.35		0.83	0.67	0.48	0.18	0.82	0.2
Property Plant And Equipment Gross	-0.2	0.83	0.93	0.74	0.89	-0.6	1.0	0.22	0.69	-0.59	0.17	0.72	0.86	-0.02	0.75	-0.05	0.75	0.47	0.17	0.83		0.81	0.69	-0.05	0.56	0.32
Total Current Assets	-0.3	1.0	0.65	0.63	0.72	-0.29	0.81	0.0	0.32	-0.22	0.43	0.78	0.89	0.25	0.99	-0.08	0.6	0.67	0.05	0.67	0.81		0.55	-0.08	0.67	0.04
Short Term Debt	0.08	0.54	0.76	0.21	0.47	-0.32	0.69	0.41	0.38	-0.54	0.03	0.81	0.44	-0.08	0.53	-0.12	0.45	0.18	0.29	0.48	0.69	0.55		-0.12	0.16	0.04
Common Stock	-0.78	-0.05	-0.19	0.43	0.3	-0.26	-0.05	-0.4	-0.25	0.51	-0.07	0.07	0.12	-0.11	-0.06	1.0	0.13	-0.25	-0.63	0.18	-0.05	-0.08	-0.12		0.26	-0.1
Other Liab	-0.75	0.69	0.32	0.65	0.64	-0.68	0.56	-0.57	0.16	0.2	0.58	0.45	0.74	-0.14	0.62	0.26	0.83	0.78	-0.58	0.82	0.56	0.67	0.16	0.26		-0.11
Other Assets	0.2	0.09	0.42	0.17	0.27	-0.21	0.32	0.14	0.5	-0.53	0.0	0.03	0.34	0.46	-0.07	-0.1	0.17	0.04	0.36	0.2	0.32	0.04	0.04	-0.1	-0.11

Click cells to compare fundamentals

Merrimack Pharmaceuticals Account Relationship Matchups

Merrimack Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	13.4M	13.4M	13.4M	13.5M	14.3M	10.9M
Total Assets	20.1M	16.8M	14.7M	19.8M	19.2M	18.2M
Other Current Liab	2.5M	647K	442K	401K	367K	348.7K
Total Current Liabilities	2.8M	770K	562K	589K	441K	419.0K
Total Stockholder Equity	17.3M	16.0M	14.2M	19.2M	18.7M	19.7M
Net Debt	(16.6M)	(14.0M)	(14.2M)	(19.4M)	(6.0M)	(5.7M)
Retained Earnings	(540.6M)	(543.6M)	(546.1M)	(547.6M)	(548.8M)	(576.3M)
Accounts Payable	271K	123K	120K	188K	74K	70.3K
Cash	16.6M	14.0M	14.2M	19.4M	6.0M	5.7M
Non Current Assets Total	1.4M	232K	66K	8K	4K	3.8K
Non Currrent Assets Other	1.4M	232K	66K	8K	4K	3.8K
Cash And Short Term Investments	16.6M	14.0M	14.2M	19.4M	18.9M	17.9M
Liabilities And Stockholders Equity	20.1M	16.8M	14.7M	19.8M	19.2M	18.2M
Non Current Liabilities Total	14.9M	271K	123K	120K	589K	0.0
Other Current Assets	2.1M	2.5M	480K	389K	309K	293.6K
Other Stockholder Equity	556.6M	558.3M	558.9M	565.5M	566.2M	507.8M
Total Liab	2.8M	770K	562K	589K	441K	419.0K
Total Current Assets	18.7M	16.5M	14.7M	19.8M	19.2M	18.2M
Other Assets	2.7M	1.4M	232K	66K	8K	0.0
Net Tangible Assets	17.3M	16.0M	14.2M	19.2M	22.1M	23.2M
Retained Earnings Total Equity	(523.3M)	(540.6M)	(543.6M)	(547.6M)	(492.9M)	(517.5M)
Capital Surpluse	580.8M	556.6M	558.3M	565.5M	650.4M	625.9M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Merrimack Pharmaceuticals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Merrimack Pharmaceuticals' short interest history, or implied volatility extrapolated from Merrimack Pharmaceuticals options trading.

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When determining whether Merrimack Pharmaceuticals 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 Merrimack 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 Merrimack Pharmaceuticals Stock. Highlighted below are key reports to facilitate an investment decision about Merrimack Pharmaceuticals Stock:

How To Invest In Merrimack

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Is Merrimack Stock a good investment?

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What is Merrimack Pharmaceuticals' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merrimack Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Merrimack Stock please use our How to buy in Merrimack Stock guide.

Note that the Merrimack Pharmaceuticals information on this page should be used as a complementary analysis to other Merrimack Pharmaceuticals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Merrimack Pharmaceuticals' price analysis, check to measure Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals is operating at the current time. Most of Merrimack Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Merrimack Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merrimack Pharmaceuticals' price. Additionally, you may evaluate how the addition of Merrimack Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.

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Is Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals. If investors know Merrimack 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 Merrimack Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.08)

Return On Assets

(0.07)

Return On Equity

(0.06)

The market value of Merrimack Pharmaceuticals is measured differently than its book value, which is the value of Merrimack that is recorded on the company's balance sheet. Investors also form their own opinion of Merrimack Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals' market value can be influenced by many factors that don't directly affect Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Merrimack Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merrimack Pharmaceuticals' 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.

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Merrimack Non Current Assets Total vs Total Stockholder Equity Analysis

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Stockholder Equity

Merrimack Pharmaceuticals fundamental ratios Correlations

Merrimack Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Merrimack Pharmaceuticals fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Merrimack Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total

Non Current Liabilities Total	- 0.93	Total Stockholder Equity
Total Liab	- 0.91	Total Stockholder Equity
Retained Earnings	- 0.86	Net Debt
Retained Earnings	- 0.82	Short Long Term Debt Total
Other Stockholder Equity	- 0.79	Retained Earnings
Common Stock Total Equity	- 0.79	Common Stock Shares Outstanding