Roivant Intangible Assets vs Short Long Term Debt Analysis

ROIV Stock  USD 11.39  0.15  1.33%   
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 Intangible Assets and its Short Long Term Debt 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.

Intangible Assets vs Short Long Term Debt

Intangible Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roivant Sciences Intangible Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Roivant Sciences' Intangible Assets and Short Long Term Debt is 1.0. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Long Term Debt 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' Intangible Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Roivant Sciences are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Intangible Assets i.e., Roivant Sciences' Intangible Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
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 Profit46.3M48.2M55.4M40.6M
Total Revenue55.3M61.3M70.5M46.3M

Roivant Sciences fundamental ratios Correlations

0.77-0.790.10.99-0.940.870.990.63-0.84-0.340.860.980.850.560.640.980.630.720.76-0.970.80.630.980.40.85
0.77-0.840.630.68-0.80.360.860.86-0.37-0.730.950.650.980.910.380.660.810.931.0-0.640.980.970.650.740.48
-0.79-0.84-0.27-0.760.73-0.53-0.83-0.910.450.62-0.79-0.73-0.82-0.6-0.64-0.73-0.9-0.78-0.860.73-0.82-0.74-0.72-0.77-0.59
0.10.63-0.27-0.06-0.28-0.380.210.590.38-0.770.51-0.080.580.87-0.38-0.080.530.560.630.10.60.8-0.070.7-0.17
0.990.68-0.76-0.06-0.90.920.960.54-0.9-0.230.791.00.770.410.691.00.540.660.67-0.990.720.510.990.290.86
-0.94-0.80.73-0.28-0.9-0.74-0.94-0.690.70.55-0.91-0.89-0.88-0.66-0.36-0.9-0.64-0.8-0.770.87-0.86-0.7-0.9-0.49-0.69
0.870.36-0.53-0.380.92-0.740.780.26-0.960.10.50.940.480.090.710.940.30.320.34-0.940.40.160.940.00.9
0.990.86-0.830.210.96-0.940.780.69-0.78-0.440.920.950.910.650.620.950.680.810.85-0.940.870.730.940.470.79
0.630.86-0.910.590.54-0.690.260.69-0.14-0.840.770.520.820.780.30.520.980.770.87-0.510.830.850.520.960.4
-0.84-0.370.450.38-0.90.7-0.96-0.78-0.14-0.16-0.52-0.91-0.48-0.1-0.72-0.91-0.16-0.34-0.340.92-0.4-0.16-0.910.14-0.86
-0.34-0.730.62-0.77-0.230.550.1-0.44-0.84-0.16-0.7-0.19-0.69-0.780.18-0.2-0.74-0.77-0.730.16-0.76-0.81-0.19-0.880.05
0.860.95-0.790.510.79-0.910.50.920.77-0.52-0.70.760.980.830.330.760.70.960.94-0.730.990.90.750.620.51
0.980.65-0.73-0.081.0-0.890.940.950.52-0.91-0.190.760.740.40.71.00.530.610.64-1.00.680.481.00.270.9
0.850.98-0.820.580.77-0.880.480.910.82-0.48-0.690.980.740.890.380.750.780.930.98-0.730.980.940.740.680.56
0.560.91-0.60.870.41-0.660.090.650.78-0.1-0.780.830.40.890.030.40.730.80.9-0.380.870.970.40.750.29
0.640.38-0.64-0.380.69-0.360.710.620.3-0.720.180.330.70.380.030.70.390.240.39-0.740.30.180.680.090.78
0.980.66-0.73-0.081.0-0.90.940.950.52-0.91-0.20.761.00.750.40.70.530.610.64-1.00.690.491.00.270.89
0.630.81-0.90.530.54-0.640.30.680.98-0.16-0.740.70.530.780.730.390.530.680.83-0.520.760.80.530.940.48
0.720.93-0.780.560.66-0.80.320.810.77-0.34-0.770.960.610.930.80.240.610.680.93-0.580.980.90.60.660.29
0.761.0-0.860.630.67-0.770.340.850.87-0.34-0.730.940.640.980.90.390.640.830.93-0.630.970.970.630.770.47
-0.97-0.640.730.1-0.990.87-0.94-0.94-0.510.920.16-0.73-1.0-0.73-0.38-0.74-1.0-0.52-0.58-0.63-0.66-0.46-0.99-0.25-0.92
0.80.98-0.820.60.72-0.860.40.870.83-0.4-0.760.990.680.980.870.30.690.760.980.97-0.660.950.680.710.44
0.630.97-0.740.80.51-0.70.160.730.85-0.16-0.810.90.480.940.970.180.490.80.90.97-0.460.950.480.80.31
0.980.65-0.72-0.070.99-0.90.940.940.52-0.91-0.190.751.00.740.40.681.00.530.60.63-0.990.680.480.270.9
0.40.74-0.770.70.29-0.490.00.470.960.14-0.880.620.270.680.750.090.270.940.660.77-0.250.710.80.270.17
0.850.48-0.59-0.170.86-0.690.90.790.4-0.860.050.510.90.560.290.780.890.480.290.47-0.920.440.310.90.17
Click cells to compare fundamentals

Roivant Sciences Account Relationship Matchups

Roivant Sciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.6B2.4B2.7B2.5B
Short Long Term Debt Total180.9M245.0M283.9M481.4M553.6M293.6M
Other Current Liab70.4M180.2M128.2M15.1M13.6M12.9M
Total Current Liabilities92.1M219.0M184.4M272.4M313.3M215.4M
Total Stockholder Equity2.0B1.8B2.0B1.6B1.8B1.8B
Other Liab103.2M76.1M66.8M80.6M72.5M71.0M
Net Tangible Assets2.0B1.8B1.7B1.0B1.2B1.6B
Property Plant And Equipment Net73.9M77.0M86.9M92.3M106.2M75.1M
Current Deferred Revenue3.6M5.9M10.1M167.1M192.2M201.8M
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 Payable10.3M20.6M34.6M37.8M43.5M24.1M
Cash2.2B2.1B2.1B1.7B1.9B1.9B
Non Current Assets Total257.8M402.7M438.6M591.0M679.7M416.3M
Non Currrent Assets Other6.7M36.1M25.8M49.5M56.9M30.7M
Other Assets90.4M36.1M25.8M49.5M44.5M35.9M
Cash And Short Term Investments2.2B2.1B2.1B1.7B1.9B1.9B
Net Receivables15.3M13.8M6.7M32.7M37.6M39.5M
Liabilities And Stockholders Equity2.5B2.6B2.6B2.4B2.7B2.5B
Non Current Liabilities Total276.2M308.7M339.3M509.6M586.0M368.1M
Other Current Assets18.5M54.3M82.2M121.8M109.6M96.3M
Other Stockholder Equity3.1B3.7B4.8B5.4B6.2B4.4B
Total Liab368.4M527.7M546.2M782.0M899.3M588.4M
Total Current Assets2.2B2.2B2.1B1.8B2.1B2.1B
Accumulated Other Comprehensive Income(2.3M)1.4M(946K)(2.6M)(2.4M)(2.2M)
Short Term Debt7.8M12.3M11.4M52.4M60.3M63.3M
Property Plant Equipment73.9M77.0M25.9M39.1M44.9M50.0M

Currently Active Assets on Macroaxis

When determining whether Roivant Sciences is a strong investment it is important to analyze Roivant Sciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Roivant Sciences' future performance. For an informed investment choice regarding Roivant Stock, refer to the following important reports:
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Roivant Stock analysis

When running Roivant Sciences' price analysis, check to measure Roivant Sciences' 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 Roivant Sciences is operating at the current time. Most of Roivant Sciences' value examination focuses on studying past and present price action to predict the probability of Roivant Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roivant Sciences' price. Additionally, you may evaluate how the addition of Roivant Sciences to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Money Managers
Screen money managers from public funds and ETFs managed around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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.