Roivant Cash vs Property Plant Equipment Analysis
ROIV Stock | USD 11.41 0.09 0.78% |
Roivant Sciences financial indicator trend analysis is much more than just breaking down Roivant Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roivant Sciences is a good investment. Please check the relationship between Roivant Sciences Cash and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roivant Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.
Cash vs Property Plant Equipment
Cash vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roivant Sciences Cash account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Roivant Sciences' Cash and Property Plant Equipment is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Roivant Sciences, assuming nothing else is changed. The correlation between historical values of Roivant Sciences' Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Roivant Sciences are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Roivant Sciences' Cash and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Roivant Sciences, which is listed under current asset account on Roivant Sciences balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Roivant Sciences customers. The amounts must be unrestricted with restricted cash listed in a different Roivant Sciences account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Property Plant Equipment
Most indicators from Roivant Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roivant Sciences 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roivant Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.At this time, Roivant Sciences' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.8 B in 2024, whereas Discontinued Operations is likely to drop slightly above 97.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 46.3M | 48.2M | 55.4M | 40.6M | Total Revenue | 55.3M | 61.3M | 70.5M | 46.3M |
Roivant Sciences fundamental ratios Correlations
Click cells to compare fundamentals
Roivant Sciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roivant Sciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.6B | 2.6B | 2.4B | 2.7B | 2.5B | |
Short Long Term Debt Total | 180.9M | 245.0M | 283.9M | 481.4M | 553.6M | 293.6M | |
Other Current Liab | 70.4M | 180.2M | 128.2M | 15.1M | 13.6M | 12.9M | |
Total Current Liabilities | 92.1M | 219.0M | 184.4M | 272.4M | 313.3M | 215.4M | |
Total Stockholder Equity | 2.0B | 1.8B | 2.0B | 1.6B | 1.8B | 1.8B | |
Other Liab | 103.2M | 76.1M | 66.8M | 80.6M | 72.5M | 71.0M | |
Net Tangible Assets | 2.0B | 1.8B | 1.7B | 1.0B | 1.2B | 1.6B | |
Property Plant And Equipment Net | 73.9M | 77.0M | 86.9M | 92.3M | 106.2M | 75.1M | |
Current Deferred Revenue | 3.6M | 5.9M | 10.1M | 167.1M | 192.2M | 201.8M | |
Net Debt | (2.0B) | (1.8B) | (1.8B) | (1.2B) | (1.1B) | (1.1B) | |
Retained Earnings | (1.1B) | (1.9B) | (2.8B) | (3.8B) | (3.4B) | (3.6B) | |
Accounts Payable | 10.3M | 20.6M | 34.6M | 37.8M | 43.5M | 24.1M | |
Cash | 2.2B | 2.1B | 2.1B | 1.7B | 1.9B | 1.9B | |
Non Current Assets Total | 257.8M | 402.7M | 438.6M | 591.0M | 679.7M | 416.3M | |
Non Currrent Assets Other | 6.7M | 36.1M | 25.8M | 49.5M | 56.9M | 30.7M | |
Other Assets | 90.4M | 36.1M | 25.8M | 49.5M | 44.5M | 35.9M | |
Cash And Short Term Investments | 2.2B | 2.1B | 2.1B | 1.7B | 1.9B | 1.9B | |
Net Receivables | 15.3M | 13.8M | 6.7M | 32.7M | 37.6M | 39.5M | |
Liabilities And Stockholders Equity | 2.5B | 2.6B | 2.6B | 2.4B | 2.7B | 2.5B | |
Non Current Liabilities Total | 276.2M | 308.7M | 339.3M | 509.6M | 586.0M | 368.1M | |
Other Current Assets | 18.5M | 54.3M | 82.2M | 121.8M | 109.6M | 96.3M | |
Other Stockholder Equity | 3.1B | 3.7B | 4.8B | 5.4B | 6.2B | 4.4B | |
Total Liab | 368.4M | 527.7M | 546.2M | 782.0M | 899.3M | 588.4M | |
Total Current Assets | 2.2B | 2.2B | 2.1B | 1.8B | 2.1B | 2.1B | |
Accumulated Other Comprehensive Income | (2.3M) | 1.4M | (946K) | (2.6M) | (2.4M) | (2.2M) | |
Short Term Debt | 7.8M | 12.3M | 11.4M | 52.4M | 60.3M | 63.3M | |
Property Plant Equipment | 73.9M | 77.0M | 25.9M | 39.1M | 44.9M | 50.0M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roivant Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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Is Roivant Sciences' 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 Roivant Sciences. If investors know Roivant 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 Roivant Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 5.27 | Revenue Per Share 0.16 | Quarterly Revenue Growth 1.178 | Return On Assets (0.14) | Return On Equity 1.058 |
The market value of Roivant Sciences is measured differently than its book value, which is the value of Roivant that is recorded on the company's balance sheet. Investors also form their own opinion of Roivant Sciences' value that differs from its market value or its book value, called intrinsic value, which is Roivant Sciences' 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 Roivant Sciences' market value can be influenced by many factors that don't directly affect Roivant Sciences' 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 Roivant Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roivant Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roivant Sciences' 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.