Marinus Other Assets vs Total Assets Analysis

MRNS Stock  USD 9.86  0.14  1.40%   
Marinus Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Marinus Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marinus Pharmaceuticals is a good investment. Please check the relationship between Marinus Pharmaceuticals Other Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Assets vs Total Assets

Other Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marinus Pharmaceuticals Other Assets account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marinus Pharmaceuticals' Other Assets and Total Assets is 0.4. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Marinus Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Marinus Pharmaceuticals' Other Assets and Total Assets 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 Assets of Marinus Pharmaceuticals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Marinus Pharmaceuticals' Other Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Total Assets

Total assets refers to the total amount of Marinus Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Marinus Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Marinus Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marinus 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Marinus Pharmaceuticals' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 602.7 M in 2024, whereas Tax Provision is likely to drop slightly above 94 K in 2024.

Marinus Pharmaceuticals fundamental ratios Correlations

0.620.890.830.690.810.55-0.77-0.820.880.990.580.80.41.00.670.780.750.880.740.83-0.591.00.080.670.8
0.620.780.88-0.080.890.4-0.02-0.880.580.550.250.270.030.610.320.910.850.80.980.9-0.30.630.760.320.89
0.890.780.960.370.820.37-0.55-0.810.810.880.50.770.270.890.420.810.730.80.880.88-0.350.880.260.430.82
0.830.880.960.220.880.4-0.39-0.90.790.80.440.680.330.820.420.910.830.860.950.94-0.380.830.40.420.88
0.69-0.080.370.220.30.45-0.95-0.30.550.740.520.680.440.690.620.230.290.480.070.28-0.570.67-0.480.620.29
0.810.890.820.880.30.56-0.34-0.970.740.750.470.470.170.790.670.960.90.950.920.99-0.530.80.50.671.0
0.550.40.370.40.450.56-0.37-0.560.590.510.380.270.180.530.610.50.560.650.420.53-0.780.540.280.620.56
-0.77-0.02-0.55-0.39-0.95-0.34-0.370.35-0.65-0.83-0.49-0.84-0.5-0.78-0.55-0.29-0.31-0.5-0.19-0.360.48-0.760.47-0.55-0.33
-0.82-0.88-0.81-0.9-0.3-0.97-0.560.35-0.73-0.77-0.44-0.51-0.35-0.81-0.62-0.99-0.96-0.97-0.92-0.980.52-0.82-0.5-0.62-0.97
0.880.580.810.790.550.740.59-0.65-0.730.870.420.690.220.890.660.670.610.780.690.77-0.670.890.060.660.74
0.990.550.880.80.740.750.51-0.83-0.770.870.540.850.430.990.630.730.710.840.690.78-0.560.990.010.630.75
0.580.250.50.440.520.470.38-0.49-0.440.420.540.580.340.520.440.40.380.520.350.49-0.460.5-0.20.440.47
0.80.270.770.680.680.470.27-0.84-0.510.690.850.580.670.810.370.480.450.580.450.55-0.340.78-0.330.370.46
0.40.030.270.330.440.170.18-0.5-0.350.220.430.340.670.40.140.340.410.390.130.24-0.230.38-0.310.140.17
1.00.610.890.820.690.790.53-0.78-0.810.890.990.520.810.40.650.770.740.860.730.81-0.571.00.080.650.79
0.670.320.420.420.620.670.61-0.55-0.620.660.630.440.370.140.650.520.490.690.390.61-0.690.66-0.031.00.66
0.780.910.810.910.230.960.5-0.29-0.990.670.730.40.480.340.770.520.970.950.940.97-0.450.780.550.520.96
0.750.850.730.830.290.90.56-0.31-0.960.610.710.380.450.410.740.490.970.930.870.9-0.430.760.550.490.9
0.880.80.80.860.480.950.65-0.5-0.970.780.840.520.580.390.860.690.950.930.850.95-0.660.870.370.70.95
0.740.980.880.950.070.920.42-0.19-0.920.690.690.350.450.130.730.390.940.870.850.95-0.360.740.630.390.92
0.830.90.880.940.280.990.53-0.36-0.980.770.780.490.550.240.810.610.970.90.950.95-0.50.830.480.620.99
-0.59-0.3-0.35-0.38-0.57-0.53-0.780.480.52-0.67-0.56-0.46-0.34-0.23-0.57-0.69-0.45-0.43-0.66-0.36-0.5-0.57-0.03-0.69-0.53
1.00.630.880.830.670.80.54-0.76-0.820.890.990.50.780.381.00.660.780.760.870.740.83-0.570.110.660.8
0.080.760.260.4-0.480.50.280.47-0.50.060.01-0.2-0.33-0.310.08-0.030.550.550.370.630.48-0.030.11-0.030.51
0.670.320.430.420.620.670.62-0.55-0.620.660.630.440.370.140.651.00.520.490.70.390.62-0.690.66-0.030.67
0.80.890.820.880.291.00.56-0.33-0.970.740.750.470.460.170.790.660.960.90.950.920.99-0.530.80.510.67
Click cells to compare fundamentals

Marinus Pharmaceuticals Account Relationship Matchups

Marinus Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.8M150.5M136.8M259.5M170.9M102.1M
Other Current Liab4.8M8.0M21.2M46.9M22.1M23.2M
Total Current Liabilities8.0M10.7M40.6M54.9M40.6M42.7M
Total Stockholder Equity87.8M137.2M53.5M116M16.8M15.9M
Property Plant And Equipment Net2.3M1.9M2.5M4.2M4.8M5.1M
Net Debt(90.5M)(138.0M)(82.1M)(167.9M)(10.2M)(10.7M)
Retained Earnings(235.6M)(311.9M)(410.7M)(430.5M)(571.9M)(543.3M)
Accounts Payable2.8M2.2M3.1M6.3M4.0M2.6M
Cash90.9M138.5M122.9M240.6M120.6M88.1M
Non Current Assets Total4.7M10.3M13.9M19.0M5.7M7.8M
Non Currrent Assets Other2.4M6.9M11.4M14.7M819.0K778.0K
Cash And Short Term Investments91.7M138.5M122.9M240.6M150.3M92.1M
Common Stock Total Equity53K87K37K50K57.5K35.9K
Common Stock Shares Outstanding13.6M27.3M36.7M39.1M53.7M56.4M
Liabilities And Stockholders Equity98.8M150.5M136.8M259.5M170.9M102.1M
Other Current Assets2.5M6.3M6.1M5.4M8.7M9.2M
Other Stockholder Equity295.1M444.6M459.9M542.4M588.7M618.1M
Total Liab11.1M13.3M83.4M143.5M154.1M161.9M
Property Plant And Equipment Gross2.3M1.9M3.9M5.7M5.7M6.0M
Total Current Assets94.1M140.2M122.9M240.6M165.2M94.3M
Accumulated Other Comprehensive Income(96K)(2K)0.0(20K)(23K)(24.2K)
Common Stock53K87K37K50K55K37.9K
Property Plant Equipment2.3M1.9M2.5M4.2M4.9M5.1M
Net Tangible Assets87.8M132.7M53.5M112.0M128.8M76.0M
Retained Earnings Total Equity(235.6M)(311.9M)(410.7M)(430.5M)(387.5M)(368.1M)
Short Term Investments19.9M5.0M739K1.5M29.7M31.2M
Non Current Liabilities Total3.0M2.5M42.8M88.6M113.5M119.2M
Capital Surpluse295.1M444.6M459.9M542.4M623.8M317.7M
Net Invested Capital59.6M132.7M40.8M71.0M89.7M81.7M

Pair Trading with Marinus Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marinus Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marinus Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marinus Stock

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Moving against Marinus Stock

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The ability to find closely correlated positions to Marinus Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marinus Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marinus Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marinus Pharmaceuticals to buy it.
The correlation of Marinus Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marinus Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marinus Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marinus Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Marinus Stock Analysis

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