Mersana Financial Statements From 2010 to 2025

MRSN Stock  USD 0.47  0.01  2.08%   
Mersana Therapeutics financial statements provide useful quarterly and yearly information to potential Mersana Therapeutics investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mersana Therapeutics financial statements helps investors assess Mersana Therapeutics' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mersana Therapeutics' valuation are summarized below:
Gross Profit
-32.5 M
Profit Margin
(1.71)
Market Capitalization
59.7 M
Enterprise Value Revenue
4.6581
Revenue
40.5 M
We have found one hundred twenty available fundamental ratios for Mersana Therapeutics, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mersana Therapeutics' last-minute fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Market Cap is likely to drop to about 166.5 M. In addition to that, Enterprise Value is likely to drop to about 80.9 M

Mersana Therapeutics Total Revenue

23.17 Million

Check Mersana Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mersana Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 8.9 M, Depreciation And Amortization of 1.1 M or Interest Expense of 4.1 M, as well as many indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0 or Days Sales Outstanding of 389. Mersana financial statements analysis is a perfect complement when working with Mersana Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Mersana Therapeutics Correlation against competitors.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.

Mersana Therapeutics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets178.3 M144.7 M116.9 M
Slightly volatile
Other Current Liabilities18.2 M19.6 M12 M
Slightly volatile
Total Current Liabilities50.6 M62.5 M35.2 M
Slightly volatile
Other Liabilities141.3 M134.6 M39.9 M
Slightly volatile
Property Plant And Equipment Net8.1 M6.8 M5.5 M
Slightly volatile
Current Deferred Revenue21 M22.2 M15.5 M
Slightly volatile
Accounts Payable7.9 M4.3 M5.6 M
Slightly volatile
Cash138.2 M107.8 M90.8 M
Slightly volatile
Non Current Assets Total10.9 M7.8 M7.4 M
Slightly volatile
Non Currrent Assets Other1.1 M978 KM
Pretty Stable
Other Assets722.1 K760.1 K1.5 M
Pretty Stable
Cash And Short Term Investments159.9 M134.6 M104.5 M
Slightly volatile
Common Stock Total Equity4.2 K8.1 K3.6 K
Slightly volatile
Common Stock Shares Outstanding63.6 M122.5 M45.6 M
Slightly volatile
Liabilities And Stockholders Equity178.3 M144.7 M116.9 M
Slightly volatile
Non Current Liabilities Total69.6 M91.7 M58.4 M
Slightly volatile
Capital Surpluse690.9 M658 M262.9 M
Slightly volatile
Other Current Assets2.2 M2.3 M3.4 M
Slightly volatile
Other Stockholder Equity447.9 M886 M284.5 M
Slightly volatile
Total Liabilities120.2 M154.2 M93.7 M
Slightly volatile
Deferred Long Term Liabilities393.3 K414 K5.8 M
Slightly volatile
Property Plant And Equipment Gross11.9 M17.1 M7.9 M
Slightly volatile
Total Current Assets167.4 M136.9 M109.5 M
Slightly volatile
Common Stock14.5 K13.8 K5.2 K
Slightly volatile
Property Plant Equipment17.5 M16.6 M6.2 M
Slightly volatile
Net Invested Capital13.2 M13.9 M77.4 M
Very volatile
Net Working Capital136.2 M74.4 M107.9 M
Slightly volatile
Capital StockK13.8 K5.7 K
Slightly volatile
Short and Long Term Debt Total27.6 M17.6 M15.5 M
Slightly volatile
Long Term Debt Total29.7 M28.3 M11.4 M
Slightly volatile
Capital Lease Obligations7.1 M5.1 M5.4 M
Slightly volatile
Short and Long Term Debt13.1 M12.5 M2.5 M
Slightly volatile
Short Term Debt17.2 M16.4 M4.7 M
Slightly volatile

Mersana Therapeutics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income8.9 M8.4 M2.3 M
Slightly volatile
Depreciation And Amortization1.1 M1.6 M808.7 K
Slightly volatile
Selling General Administrative30 M40.8 M20.6 M
Slightly volatile
Total Revenue23.2 M40.5 M17.8 M
Slightly volatile
Other Operating Expenses118.9 M113.8 M83.4 M
Slightly volatile
Research Development89 M73 M62.8 M
Slightly volatile
Cost Of Revenue179 M170.5 M63.7 M
Slightly volatile
Total Operating Expenses100.1 M113.8 M71.5 M
Slightly volatile
Reconciled Depreciation1.3 M1.6 M1.1 M
Slightly volatile
Non Operating Income Net Other55.6 K58.5 K971.3 K
Slightly volatile
Selling And Marketing Expenses1.2 M1.4 M1.5 M
Slightly volatile
Tax Provision334.4 K376.2 K410.2 K
Slightly volatile

Mersana Therapeutics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Sale Purchase Of Stock461.7 K486 K12 M
Pretty Stable
Stock Based Compensation10.5 M16.5 M6.8 M
Slightly volatile
Begin Period Cash Flow111.3 M175 M73.9 M
Slightly volatile
Other Cashflows From Financing Activities514.9 K542 K10 M
Pretty Stable
Depreciation1.1 M1.6 M808.7 K
Slightly volatile
Capital Expenditures125.4 K132 K853.7 K
Pretty Stable
Total Cash From Financing Activities3.9 M4.1 M52.2 M
Slightly volatile
End Period Cash Flow121.8 M108.2 M80.4 M
Slightly volatile
Change To Netincome25.1 M23.9 M8.1 M
Slightly volatile
Change Receivables385.4 K527.9 K354.3 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.114.327775
Pretty Stable
Days Sales Outstanding389371188
Slightly volatile
Stock Based Compensation To Revenue0.390.406427.4844
Pretty Stable
Capex To Depreciation0.0770.08111.3844
Slightly volatile
EV To Sales2.02.1021552
Pretty Stable
Payables Turnover19.1418.2310.539
Pretty Stable
Sales General And Administrative To Revenue0.961.007855.9976
Pretty Stable
Research And Ddevelopement To Revenue1.711.8031199
Pretty Stable
Capex To Revenue0.00310.00331.025
Pretty Stable
Cash Per Share1.041.09862.4878
Pretty Stable
Days Payables Outstanding15.416.22448
Pretty Stable
Net Debt To EBITDA2.11.4241.5501
Pretty Stable
Current Ratio2.822.19192.7557
Slightly volatile
Receivables Turnover0.971.0210.8091
Slightly volatile
Capex Per Share0.0010.00110.0315
Slightly volatile
Revenue Per Share0.650.33050.5924
Slightly volatile
Interest Debt Per Share0.170.17560.2358
Slightly volatile
Debt To Assets0.0960.1220.0903
Slightly volatile
Days Of Payables Outstanding15.416.22448
Pretty Stable
Ebt Per Ebit1.090.93780.9988
Very volatile
Total Debt To Capitalization2.282.16830.4011
Slightly volatile
Quick Ratio2.832.19192.7601
Slightly volatile
Net Income Per E B T0.80.910.9608
Pretty Stable
Cash Ratio2.31.72522.2716
Slightly volatile
Days Of Sales Outstanding389371188
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.121.00161.0376
Pretty Stable
Fixed Asset Turnover5.465.97215.964
Slightly volatile
Debt Ratio0.0960.1220.0903
Slightly volatile
Price Sales Ratio4.114.327775
Pretty Stable
Asset Turnover0.230.27990.3731
Slightly volatile

Mersana Therapeutics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap166.5 M175.2 M332 M
Pretty Stable
Enterprise Value80.9 M85.1 M253.2 M
Pretty Stable

Mersana Fundamental Market Drivers

Cash And Short Term Investments134.6 M

Mersana Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Mersana Therapeutics Financial Statements

Mersana Therapeutics investors utilize fundamental indicators, such as revenue or net income, to predict how Mersana Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue22.2 M21 M
Total Revenue40.5 M23.2 M
Cost Of Revenue170.5 M179 M
Stock Based Compensation To Revenue 0.41  0.39 
Sales General And Administrative To Revenue 1.01  0.96 
Research And Ddevelopement To Revenue 1.80  1.71 
Revenue Per Share 0.33  0.65 
Ebit Per Revenue(1.81)(1.90)

Pair Trading with Mersana Therapeutics

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 Mersana Therapeutics 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 Mersana Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Mersana Stock

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The ability to find closely correlated positions to Mersana Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mersana Therapeutics 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 Mersana Therapeutics - 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 Mersana Therapeutics to buy it.
The correlation of Mersana Therapeutics 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 Mersana Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mersana Therapeutics 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 Mersana Therapeutics 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
When determining whether Mersana Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mersana Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mersana Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mersana Therapeutics Stock:
Check out the analysis of Mersana Therapeutics Correlation against competitors.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Biotechnology space 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 Mersana Therapeutics. If investors know Mersana 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 Mersana Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.56)
Revenue Per Share
0.33
Quarterly Revenue Growth
0.529
Return On Assets
(0.25)
Return On Equity
(5.05)
The market value of Mersana Therapeutics is measured differently than its book value, which is the value of Mersana that is recorded on the company's balance sheet. Investors also form their own opinion of Mersana Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Mersana Therapeutics' 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 Mersana Therapeutics' market value can be influenced by many factors that don't directly affect Mersana Therapeutics' 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 Mersana Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mersana Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mersana Therapeutics' 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.