Ovid Therapeutics Financials

OVID Stock  USD 0.43  0.05  10.42%   
Based on the key indicators related to Ovid Therapeutics' liquidity, profitability, solvency, and operating efficiency, Ovid Therapeutics is not in a good financial situation at this time. It has a very high odds of going through financial crisis in April. At present, Ovid Therapeutics' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 3.2 M, whereas Net Tangible Assets are forecasted to decline to about 81.7 M. Key indicators impacting Ovid Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01860.0196
Notably Down
Slightly volatile
Current Ratio5.055.3165
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Ovid Therapeutics includes many different criteria found on its balance sheet. An individual investor should monitor Ovid Therapeutics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ovid Therapeutics.

Net Income

(27.75 Million)

  
Please note, the presentation of Ovid Therapeutics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ovid Therapeutics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ovid Therapeutics' management manipulating its earnings.

Ovid Therapeutics Stock Summary

Ovid Therapeutics competes with CytomX Therapeutics, Spero Therapeutics, Instil Bio, NextCure, and Assembly Biosciences. Ovid Therapeutics Inc., a biopharmaceutical company, develops impactful medicines for patients and families with neurological disorders in the United States. The company was incorporated in 2014 and is headquartered in New York, New York. Ovid Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 44 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6904691010
CUSIP690469101
LocationNew York; U.S.A
Business Address41 Ninth Avenue,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.ovidrx.com
Phone646 661 7661
CurrencyUSD - US Dollar

Ovid Therapeutics Key Financial Ratios

Ovid Therapeutics Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets75.9M194.5M155.3M144.0M92.2M100.8M
Net Tangible Assets69.6M43.3M179.7M132.3M152.1M81.7M
Retained Earnings(294.2M)(171.4M)(225.5M)(277.9M)(304.3M)(289.1M)
Accounts Payable5.4M7.1M2.0M3.7M3.2M3.2M
Cash72.0M187.8M129.0M27.0M26.3M25.0M
Other Assets(100.0)2.0M1.9M1.01.151.09
Total Liab32.3M14.8M23.0M56.2M23.9M18.2M
Total Current Assets74.8M190.5M131.4M109.6M55.9M90.2M
Intangible Assets318.9K260.1K261.2K183.0K210.4K235.2K
Common Stock65.7K70.4K70.5K70.7K71K50.2K
Other Current Liab14.4M7.7M4.5M6.5M6.0M6.6M
Net Debt(72.0M)(187.8M)(112.5M)(11.0M)(25.0M)(26.2M)
Other Current Assets2.7M2.7M2.4M3.8M2.9M2.3M
Capital Surpluse283.1M337.8M351.0M357.8M411.4M312.6M
Net Invested Capital43.6M179.7M132.3M87.8M68.2M96.8M
Net Working Capital52.8M175.7M124.4M98.1M45.4M43.1M
Capital Stock65.7K70.4K70.5K70.7K71K67.2K

Ovid Therapeutics Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash30.1M117.7M(142.9M)(17.8M)(740K)(703K)
Depreciation306.8K237.1K1.4M1.6M613K468.3K
Capital Expenditures390.7K189.4K1.4M137.5K71K67.5K
Net Income(81.0M)122.8M(54.2M)(52.3M)(26.4M)(27.8M)
End Period Cash Flow72.0M189.7M46.8M29.0M28.2M26.8M
Change To Netincome5.2M7.3M5.1M6.6M7.5M8.9M
Investments35.0M(1.6M)(85.5M)41.8M54.6M57.3M
Free Cash Flow(52.0M)118.4M(56.6M)(45.9M)(56.0M)(53.2M)
Other Non Cash Items(199.4K)7.3M(764.9K)(4.7M)(36.3M)(34.4M)

Ovid Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ovid Therapeutics's current stock value. Our valuation model uses many indicators to compare Ovid Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ovid Therapeutics competition to find correlations between indicators driving Ovid Therapeutics's intrinsic value. More Info.
Ovid Therapeutics is regarded third in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Ovid Therapeutics' Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ovid Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ovid Therapeutics Systematic Risk

Ovid Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ovid Therapeutics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ovid Therapeutics correlated with the market. If Beta is less than 0 Ovid Therapeutics generally moves in the opposite direction as compared to the market. If Ovid Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ovid Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ovid Therapeutics is generally in the same direction as the market. If Beta > 1 Ovid Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ovid Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ovid Therapeutics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ovid Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0526

At present, Ovid Therapeutics' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Ovid Therapeutics March 21, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ovid Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ovid Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ovid Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Ovid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ovid Therapeutics's daily price indicators and compare them against related drivers.

Complementary Tools for Ovid Stock analysis

When running Ovid Therapeutics' price analysis, check to measure Ovid Therapeutics' 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 Ovid Therapeutics is operating at the current time. Most of Ovid Therapeutics' value examination focuses on studying past and present price action to predict the probability of Ovid Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovid Therapeutics' price. Additionally, you may evaluate how the addition of Ovid Therapeutics to your portfolios can decrease your overall portfolio volatility.
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