Merus Net Tangible Assets vs Property Plant And Equipment Gross Analysis

MRUS Stock  USD 44.97  0.90  1.96%   
Merus BV financial indicator trend analysis is infinitely more than just investigating Merus BV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merus BV is a good investment. Please check the relationship between Merus BV Net Tangible Assets and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merus BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Merus Stock please use our How to Invest in Merus BV guide.

Net Tangible Assets vs Property Plant And Equipment Gross

Net Tangible Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merus BV Net Tangible Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Merus BV's Net Tangible Assets and Property Plant And Equipment Gross is 0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Merus BV, assuming nothing else is changed. The correlation between historical values of Merus BV's Net Tangible Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Merus BV are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Tangible Assets i.e., Merus BV's Net Tangible Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant And Equipment Gross

Most indicators from Merus BV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merus BV 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 Merus BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Merus Stock please use our How to Invest in Merus BV guide.At this time, Merus BV's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 1.29 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses139.1M201.6M200.5M210.5M
Cost Of Revenue86.3M12.0M127.4M133.8M

Merus BV fundamental ratios Correlations

0.840.890.890.960.830.89-0.92-0.950.760.880.860.870.930.710.960.560.950.790.840.930.310.980.970.86-0.24
0.840.90.760.840.960.67-0.65-0.910.50.60.950.950.680.490.80.350.90.580.950.690.260.890.820.82-0.24
0.890.90.850.940.970.77-0.68-0.980.610.640.940.980.740.450.870.220.980.510.970.740.030.960.920.89-0.2
0.890.760.850.840.780.97-0.82-0.880.840.850.740.780.940.670.870.440.850.750.770.940.190.870.890.95-0.22
0.960.840.940.840.880.8-0.79-0.960.720.740.930.930.830.590.880.30.980.570.910.830.120.970.990.87-0.18
0.830.960.970.780.880.67-0.59-0.940.520.550.960.990.650.370.80.180.940.460.990.660.080.910.860.85-0.2
0.890.670.770.970.80.67-0.87-0.80.870.890.650.680.950.760.870.540.790.80.660.950.160.830.870.87-0.24
-0.92-0.65-0.68-0.82-0.79-0.59-0.870.79-0.68-0.98-0.62-0.65-0.94-0.75-0.93-0.79-0.78-0.93-0.59-0.94-0.45-0.85-0.82-0.710.22
-0.95-0.91-0.98-0.88-0.96-0.94-0.80.79-0.64-0.75-0.94-0.97-0.83-0.51-0.93-0.36-0.99-0.64-0.95-0.83-0.2-0.99-0.94-0.910.21
0.760.50.610.840.720.520.87-0.68-0.640.70.530.520.810.710.660.360.660.620.540.810.150.680.80.72-0.09
0.880.60.640.850.740.550.89-0.98-0.750.70.560.590.970.750.90.780.730.940.540.970.450.80.780.74-0.22
0.860.950.940.740.930.960.65-0.62-0.940.530.560.980.670.490.790.210.950.460.980.670.110.920.880.83-0.19
0.870.950.980.780.930.990.68-0.65-0.970.520.590.980.680.420.840.20.970.480.990.690.060.940.890.85-0.17
0.930.680.740.940.830.650.95-0.94-0.830.810.970.670.680.770.90.640.810.870.661.00.370.860.880.87-0.23
0.710.490.450.670.590.370.76-0.75-0.510.710.750.490.420.770.640.640.530.760.380.770.230.60.650.55-0.31
0.960.80.870.870.880.80.87-0.93-0.930.660.90.790.840.90.640.630.910.830.790.90.290.960.890.81-0.2
0.560.350.220.440.30.180.54-0.79-0.360.360.780.210.20.640.640.630.330.930.150.640.720.440.340.26-0.26
0.950.90.980.850.980.940.79-0.78-0.990.660.730.950.970.810.530.910.330.60.950.820.170.990.970.89-0.2
0.790.580.510.750.570.460.8-0.93-0.640.620.940.460.480.870.760.830.930.60.430.870.610.690.630.59-0.28
0.840.950.970.770.910.990.66-0.59-0.950.540.540.980.990.660.380.790.150.950.430.660.080.920.880.86-0.19
0.930.690.740.940.830.660.95-0.94-0.830.810.970.670.691.00.770.90.640.820.870.660.360.860.880.87-0.23
0.310.260.030.190.120.080.16-0.45-0.20.150.450.110.060.370.230.290.720.170.610.080.360.220.130.13-0.14
0.980.890.960.870.970.910.83-0.85-0.990.680.80.920.940.860.60.960.440.990.690.920.860.220.960.87-0.2
0.970.820.920.890.990.860.87-0.82-0.940.80.780.880.890.880.650.890.340.970.630.880.880.130.960.89-0.18
0.860.820.890.950.870.850.87-0.71-0.910.720.740.830.850.870.550.810.260.890.590.860.870.130.870.89-0.2
-0.24-0.24-0.2-0.22-0.18-0.2-0.240.220.21-0.09-0.22-0.19-0.17-0.23-0.31-0.2-0.26-0.2-0.28-0.19-0.23-0.14-0.2-0.18-0.2
Click cells to compare fundamentals

Merus BV Account Relationship Matchups

Merus BV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.4M231.2M456.6M376.5M455.5M478.3M
Other Current Liab13.5M21.8M22.5M35.6M38.5M40.4M
Total Current Liabilities36.8M46.7M71.9M78.9M69.1M35.6M
Total Stockholder Equity131.3M102.3M316.2M247.1M356.3M374.2M
Property Plant And Equipment Net8.9M8.0M7.3M24.8M23.5M24.7M
Current Deferred Revenue18.8M20.2M34.7M29.4M22.7M14.8M
Net Debt(192.4M)(159.1M)(237.7M)(134.3M)(192.9M)(183.2M)
Retained Earnings(314.6M)(400.1M)(466.9M)(598.1M)(753.1M)(715.4M)
Accounts Payable3.0M3.1M13.2M9.8M4.6M4.7M
Cash197.6M163.1M241.4M147.7M205.0M130.1M
Non Current Assets Total16.0M13.2M32.4M70.1M89.7M94.2M
Non Currrent Assets Other1.9M1.9M2.1M4.8M5.9M6.2M
Cash And Short Term Investments239.8M207.8M410.4M290.2M355.2M188.8M
Net Receivables2.7M1.7M6.7M4.7M4.0M3.4M
Common Stock Total Equity2.1M2.4M2.9M3.2M3.7M3.9M
Liabilities And Stockholders Equity263.4M231.2M456.6M376.5M455.5M478.3M
Non Current Liabilities Total95.3M82.2M68.5M50.6M33.1M58.2M
Other Stockholder Equity441.4M490.1M787.9M870.9M1.1B1.2B
Total Liab132.1M129.0M140.4M129.5M102.2M93.8M
Property Plant And Equipment Gross8.9M8.0M11.7M30.0M31.2M32.8M
Total Current Assets247.4M218.0M424.2M306.4M368.8M197.5M
Accumulated Other Comprehensive Income1.6M9.1M(9.2M)(30.4M)(22.5M)(21.4M)
Short Term Debt1.4M1.4M1.5M1.7M1.7M1.7M
Common Stock2.9M3.2M4.5M4.8M5.9M6.2M
Net Tangible Assets128.4M99.4M313.9M245.1M281.9M296.0M
Common Stock Shares Outstanding24.2M29.3M38.6M44.9M51.6M29.0M
Short Term Investments42.2M44.7M169.0M142.5M150.1M142.6M
Other Current Assets5.0M8.5M7.1M11.5M9.7M4.8M
Intangible Assets2.9M2.8M2.3M2.0M1.8M1.7M
Property Plant Equipment8.9M8.0M7.3M24.8M28.6M30.0M
Other Liab91.4M79.7M66.2M38.8M44.6M64.7M
Other Assets2.2M2.4M2.5M6.9M(3M)(2.9M)
Capital Lease Obligations5.3M4.0M3.8M13.5M12.2M12.8M
Inventory(3.2M)1.07.4M4.9M9.3M0.95

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