Minerva Non Current Assets Total vs Total Liab 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 Non Current Assets Total and its Total Liab 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.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerva Neurosciences Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Minerva Neurosciences' Non Current Assets Total and Total Liab is -0.27. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab 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' Non Current Assets Total and Total Liab 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 Minerva Neurosciences are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Minerva Neurosciences' Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Items8.5M7.5M
Reconciled Depreciation29.6K57.8K

Minerva Neurosciences fundamental ratios Correlations

-0.470.810.76-0.43-0.340.650.960.650.46-0.010.620.480.960.70.040.180.720.630.630.010.750.690.360.170.36
-0.47-0.48-0.40.130.110.06-0.5-0.27-0.24-0.19-0.28-0.24-0.5-0.440.25-0.7-0.24-0.45-0.280.16-0.28-0.2-0.18-0.710.1
0.81-0.480.66-0.45-0.260.630.730.550.340.090.490.310.730.65-0.050.370.670.650.590.040.710.650.160.390.01
0.76-0.40.66-0.720.260.310.670.2-0.040.010.14-0.10.660.7-0.580.140.330.190.88-0.50.880.24-0.230.150.33
-0.430.13-0.45-0.72-0.22-0.47-0.41-0.130.05-0.35-0.090.15-0.41-0.770.47-0.23-0.18-0.24-0.490.62-0.56-0.070.24-0.13-0.32
-0.340.11-0.260.26-0.22-0.57-0.41-0.87-0.91-0.4-0.91-0.82-0.42-0.28-0.78-0.3-0.73-0.70.41-0.550.14-0.79-0.8-0.27-0.05
0.650.060.630.31-0.47-0.570.680.730.630.150.70.590.690.540.420.010.70.640.10.160.330.690.51-0.050.26
0.96-0.50.730.67-0.41-0.410.680.680.580.010.660.571.00.670.130.150.660.670.470.050.590.640.480.130.35
0.65-0.270.550.2-0.13-0.870.730.680.920.420.990.810.690.610.50.370.910.79-0.050.260.270.910.740.330.18
0.46-0.240.34-0.040.05-0.910.630.580.920.40.940.830.590.420.60.290.70.76-0.310.41-0.050.730.80.260.17
-0.01-0.190.090.01-0.35-0.40.150.010.420.40.450.040.020.63-0.010.650.290.33-0.27-0.2-0.090.250.00.55-0.13
0.62-0.280.490.14-0.09-0.910.70.660.990.940.450.820.670.590.540.390.880.79-0.10.290.20.890.750.350.19
0.48-0.240.31-0.10.15-0.820.590.570.810.830.040.820.580.230.730.160.710.74-0.270.40.00.730.990.110.14
0.96-0.50.730.66-0.41-0.420.691.00.690.590.020.670.580.670.150.150.670.670.470.050.580.650.490.130.35
0.7-0.440.650.7-0.77-0.280.540.670.610.420.630.590.230.67-0.220.570.630.630.43-0.360.620.540.120.480.29
0.040.25-0.05-0.580.47-0.780.420.130.50.6-0.010.540.730.15-0.22-0.210.40.35-0.590.7-0.430.50.78-0.25-0.18
0.18-0.70.370.14-0.23-0.30.010.150.370.290.650.390.160.150.57-0.210.350.560.03-0.190.160.30.10.98-0.04
0.72-0.240.670.33-0.18-0.730.70.660.910.70.290.880.710.670.630.40.350.740.230.20.540.990.60.330.16
0.63-0.450.650.19-0.24-0.70.640.670.790.760.330.790.740.670.630.350.560.740.050.290.270.750.670.510.27
0.63-0.280.590.88-0.490.410.10.47-0.05-0.31-0.27-0.1-0.270.470.43-0.590.030.230.05-0.340.930.17-0.380.080.33
0.010.160.04-0.50.62-0.550.160.050.260.41-0.20.290.40.05-0.360.7-0.190.20.29-0.34-0.340.360.44-0.13-0.11
0.75-0.280.710.88-0.560.140.330.590.27-0.05-0.090.20.00.580.62-0.430.160.540.270.93-0.340.46-0.130.190.36
0.69-0.20.650.24-0.07-0.790.690.640.910.730.250.890.730.650.540.50.30.990.750.170.360.460.640.290.14
0.36-0.180.16-0.230.24-0.80.510.480.740.80.00.750.990.490.120.780.10.60.67-0.380.44-0.130.640.050.14
0.17-0.710.390.15-0.13-0.27-0.050.130.330.260.550.350.110.130.48-0.250.980.330.510.08-0.130.190.290.05-0.03
0.360.10.010.33-0.32-0.050.260.350.180.17-0.130.190.140.350.29-0.18-0.040.160.270.33-0.110.360.140.14-0.03
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Minerva Neurosciences Account Relationship Matchups

Minerva Neurosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.5M57.6M77.1M55.1M56.9M88.0M
Other Current Liab(41.2B)2.1M965.7K407.9K1.5M1.6M
Total Current Liabilities6.6M3.2M2.8M1.4M3.3M4.4M
Total Stockholder Equity27.8M52.7M8.0M(20.0M)(28.5M)(27.0M)
Net Debt(21.1M)(25.2M)(60.8M)37.6M41.0M43.1M
Retained Earnings(286.7M)(284.8M)(334.7M)(366.8M)(396.8M)(377.0M)
Cash21.4M25.4M60.8M36.1M41.0M34.7M
Cash And Short Term Investments45.9M25.4M60.8M36.1M41.0M51.4M
Common Stock Total Equity3.9K3.9K3.9K4.3K4.9K3.0K
Common Stock Shares Outstanding4.9M5.1M5.3M5.3M6.5M4.6M
Liabilities And Stockholders Equity77.5M57.6M77.1M55.1M56.9M88.0M
Other Current Assets1.3B2.1B1.4B4.0M989.9K940.4K
Other Stockholder Equity314.5M337.5M342.7M346.8M368.4M264.5M
Total Liab49.7M5.0M69.1M75.1M85.4M42.7M
Total Current Assets47.1M27.4M62.2M40.2M42.0M52.9M
Common Stock3.9K4K4.3K534.0699.0664.05
Property Plant And Equipment Net278K101.8K51.1K16.3K10.9K10.3K
Accounts Payable2.3M995.6K1.9M969.7K1.8M1.5M
Non Current Assets Total30.4M30.2M14.9M14.9M14.9M27.9M
Non Current Liabilities Total43.1M1.8M66.3M73.7M82.0M41.8M
Property Plant And Equipment Gross278.0K101.8K0.016.3K18.8K17.8K
Short Term Debt4.0M41.2B173K111.2K127.9K121.5K
Property Plant Equipment33.5K16.0K101.8K16.3K18.8K36.8K
Other Liab43.0M1.8M66.3M73.7M84.8M89.0M
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 Surpluse296.0M304.8M314.5M337.5M388.1M278.9M
Non Current Liabilities Other41.2M41.3M66.3M73.7M82.0M41.9M
Net Invested Capital27.8M52.7M8.0M(20.0M)(28.5M)(27.0M)
Net Working Capital40.5M24.3M59.4M38.8M38.7M46.9M

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