Minerva Net Debt vs Cash And Short Term Investments Analysis

NERV Stock

USD 2.82 0.03 1.05%

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 Net Debt and its Cash And Short Term Investments 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 closely tied 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerva Neurosciences Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Minerva Neurosciences' Net Debt and Cash And Short Term Investments is -0.41. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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' Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Minerva Neurosciences are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Minerva Neurosciences' Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Minerva Neurosciences balance sheet. This account contains Minerva Neurosciences investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Minerva Neurosciences fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 closely tied 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 Items	8.5M	7.5M
Reconciled Depreciation	29.6K	57.8K

Extraordinary Items Reconciled Depreciation

Minerva Neurosciences fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Good Will	Non Current Liabilities Total	Property Plant And Equipment Gross	Short Term Debt
Total Assets		-0.47	0.81	0.76	-0.43	-0.34	0.65	0.96	0.65	0.46	-0.01	0.62	0.48	0.96	0.7	0.04	0.18	0.72	0.63	0.63	0.01	0.75	0.69	0.36	0.17	0.36
Other Current Liab	-0.47		-0.48	-0.4	0.13	0.11	0.06	-0.5	-0.27	-0.24	-0.19	-0.28	-0.24	-0.5	-0.44	0.25	-0.7	-0.24	-0.45	-0.28	0.16	-0.28	-0.2	-0.18	-0.71	0.1
Total Current Liabilities	0.81	-0.48		0.66	-0.45	-0.26	0.63	0.73	0.55	0.34	0.09	0.49	0.31	0.73	0.65	-0.05	0.37	0.67	0.65	0.59	0.04	0.71	0.65	0.16	0.39	0.01
Total Stockholder Equity	0.76	-0.4	0.66		-0.72	0.26	0.31	0.67	0.2	-0.04	0.01	0.14	-0.1	0.66	0.7	-0.58	0.14	0.33	0.19	0.88	-0.5	0.88	0.24	-0.23	0.15	0.33
Net Debt	-0.43	0.13	-0.45	-0.72		-0.22	-0.47	-0.41	-0.13	0.05	-0.35	-0.09	0.15	-0.41	-0.77	0.47	-0.23	-0.18	-0.24	-0.49	0.62	-0.56	-0.07	0.24	-0.13	-0.32
Retained Earnings	-0.34	0.11	-0.26	0.26	-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	-0.7	0.41	-0.55	0.14	-0.79	-0.8	-0.27	-0.05
Cash	0.65	0.06	0.63	0.31	-0.47	-0.57		0.68	0.73	0.63	0.15	0.7	0.59	0.69	0.54	0.42	0.01	0.7	0.64	0.1	0.16	0.33	0.69	0.51	-0.05	0.26
Cash And Short Term Investments	0.96	-0.5	0.73	0.67	-0.41	-0.41	0.68		0.68	0.58	0.01	0.66	0.57	1.0	0.67	0.13	0.15	0.66	0.67	0.47	0.05	0.59	0.64	0.48	0.13	0.35
Common Stock Total Equity	0.65	-0.27	0.55	0.2	-0.13	-0.87	0.73	0.68		0.92	0.42	0.99	0.81	0.69	0.61	0.5	0.37	0.91	0.79	-0.05	0.26	0.27	0.91	0.74	0.33	0.18
Common Stock Shares Outstanding	0.46	-0.24	0.34	-0.04	0.05	-0.91	0.63	0.58	0.92		0.4	0.94	0.83	0.59	0.42	0.6	0.29	0.7	0.76	-0.31	0.41	-0.05	0.73	0.8	0.26	0.17
Other Current Assets	-0.01	-0.19	0.09	0.01	-0.35	-0.4	0.15	0.01	0.42	0.4		0.45	0.04	0.02	0.63	-0.01	0.65	0.29	0.33	-0.27	-0.2	-0.09	0.25	0.0	0.55	-0.13
Other Stockholder Equity	0.62	-0.28	0.49	0.14	-0.09	-0.91	0.7	0.66	0.99	0.94	0.45		0.82	0.67	0.59	0.54	0.39	0.88	0.79	-0.1	0.29	0.2	0.89	0.75	0.35	0.19
Total Liab	0.48	-0.24	0.31	-0.1	0.15	-0.82	0.59	0.57	0.81	0.83	0.04	0.82		0.58	0.23	0.73	0.16	0.71	0.74	-0.27	0.4	0.0	0.73	0.99	0.11	0.14
Total Current Assets	0.96	-0.5	0.73	0.66	-0.41	-0.42	0.69	1.0	0.69	0.59	0.02	0.67	0.58		0.67	0.15	0.15	0.67	0.67	0.47	0.05	0.58	0.65	0.49	0.13	0.35
Common Stock	0.7	-0.44	0.65	0.7	-0.77	-0.28	0.54	0.67	0.61	0.42	0.63	0.59	0.23	0.67		-0.22	0.57	0.63	0.63	0.43	-0.36	0.62	0.54	0.12	0.48	0.29
Short Long Term Debt Total	0.04	0.25	-0.05	-0.58	0.47	-0.78	0.42	0.13	0.5	0.6	-0.01	0.54	0.73	0.15	-0.22		-0.21	0.4	0.35	-0.59	0.7	-0.43	0.5	0.78	-0.25	-0.18
Property Plant And Equipment Net	0.18	-0.7	0.37	0.14	-0.23	-0.3	0.01	0.15	0.37	0.29	0.65	0.39	0.16	0.15	0.57	-0.21		0.35	0.56	0.03	-0.19	0.16	0.3	0.1	0.98	-0.04
Current Deferred Revenue	0.72	-0.24	0.67	0.33	-0.18	-0.73	0.7	0.66	0.91	0.7	0.29	0.88	0.71	0.67	0.63	0.4	0.35		0.74	0.23	0.2	0.54	0.99	0.6	0.33	0.16
Accounts Payable	0.63	-0.45	0.65	0.19	-0.24	-0.7	0.64	0.67	0.79	0.76	0.33	0.79	0.74	0.67	0.63	0.35	0.56	0.74		0.05	0.29	0.27	0.75	0.67	0.51	0.27
Non Current Assets Total	0.63	-0.28	0.59	0.88	-0.49	0.41	0.1	0.47	-0.05	-0.31	-0.27	-0.1	-0.27	0.47	0.43	-0.59	0.03	0.23	0.05		-0.34	0.93	0.17	-0.38	0.08	0.33
Non Currrent Assets Other	0.01	0.16	0.04	-0.5	0.62	-0.55	0.16	0.05	0.26	0.41	-0.2	0.29	0.4	0.05	-0.36	0.7	-0.19	0.2	0.29	-0.34		-0.34	0.36	0.44	-0.13	-0.11
Other Assets	0.75	-0.28	0.71	0.88	-0.56	0.14	0.33	0.59	0.27	-0.05	-0.09	0.2	0.0	0.58	0.62	-0.43	0.16	0.54	0.27	0.93	-0.34		0.46	-0.13	0.19	0.36
Good Will	0.69	-0.2	0.65	0.24	-0.07	-0.79	0.69	0.64	0.91	0.73	0.25	0.89	0.73	0.65	0.54	0.5	0.3	0.99	0.75	0.17	0.36	0.46		0.64	0.29	0.14
Non Current Liabilities Total	0.36	-0.18	0.16	-0.23	0.24	-0.8	0.51	0.48	0.74	0.8	0.0	0.75	0.99	0.49	0.12	0.78	0.1	0.6	0.67	-0.38	0.44	-0.13	0.64		0.05	0.14
Property Plant And Equipment Gross	0.17	-0.71	0.39	0.15	-0.13	-0.27	-0.05	0.13	0.33	0.26	0.55	0.35	0.11	0.13	0.48	-0.25	0.98	0.33	0.51	0.08	-0.13	0.19	0.29	0.05		-0.03
Short Term Debt	0.36	0.1	0.01	0.33	-0.32	-0.05	0.26	0.35	0.18	0.17	-0.13	0.19	0.14	0.35	0.29	-0.18	-0.04	0.16	0.27	0.33	-0.11	0.36	0.14	0.14	-0.03

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Minerva Neurosciences Account Relationship Matchups

Minerva Neurosciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	77.5M	57.6M	77.1M	55.1M	56.9M	88.0M
Other Current Liab	(41.2B)	2.1M	965.7K	407.9K	1.5M	1.6M
Total Current Liabilities	6.6M	3.2M	2.8M	1.4M	3.3M	4.4M
Total Stockholder Equity	27.8M	52.7M	8.0M	(20.0M)	(28.5M)	(27.0M)
Net Debt	(21.1M)	(25.2M)	(60.8M)	37.6M	41.0M	43.1M
Retained Earnings	(286.7M)	(284.8M)	(334.7M)	(366.8M)	(396.8M)	(377.0M)
Cash	21.4M	25.4M	60.8M	36.1M	41.0M	34.7M
Cash And Short Term Investments	45.9M	25.4M	60.8M	36.1M	41.0M	51.4M
Common Stock Total Equity	3.9K	3.9K	3.9K	4.3K	4.9K	3.0K
Common Stock Shares Outstanding	4.9M	5.1M	5.3M	5.3M	6.5M	4.6M
Liabilities And Stockholders Equity	77.5M	57.6M	77.1M	55.1M	56.9M	88.0M
Other Current Assets	1.3B	2.1B	1.4B	4.0M	989.9K	940.4K
Other Stockholder Equity	314.5M	337.5M	342.7M	346.8M	368.4M	264.5M
Total Liab	49.7M	5.0M	69.1M	75.1M	85.4M	42.7M
Total Current Assets	47.1M	27.4M	62.2M	40.2M	42.0M	52.9M
Common Stock	3.9K	4K	4.3K	534.0	699.0	664.05
Property Plant And Equipment Net	278K	101.8K	51.1K	16.3K	10.9K	10.3K
Accounts Payable	2.3M	995.6K	1.9M	969.7K	1.8M	1.5M
Non Current Assets Total	30.4M	30.2M	14.9M	14.9M	14.9M	27.9M
Non Current Liabilities Total	43.1M	1.8M	66.3M	73.7M	82.0M	41.8M
Property Plant And Equipment Gross	278.0K	101.8K	0.0	16.3K	18.8K	17.8K
Short Term Debt	4.0M	41.2B	173K	111.2K	127.9K	121.5K
Property Plant Equipment	33.5K	16.0K	101.8K	16.3K	18.8K	36.8K
Other Liab	43.0M	1.8M	66.3M	73.7M	84.8M	89.0M
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 Surpluse	296.0M	304.8M	314.5M	337.5M	388.1M	278.9M
Non Current Liabilities Other	41.2M	41.3M	66.3M	73.7M	82.0M	41.9M
Net Invested Capital	27.8M	52.7M	8.0M	(20.0M)	(28.5M)	(27.0M)
Net Working Capital	40.5M	24.3M	59.4M	38.8M	38.7M	46.9M

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