Maravai Net Tangible Assets vs Total Current Assets Analysis

MRVI Stock  USD 5.77  0.16  2.70%   
Maravai Lifesciences financial indicator trend analysis is infinitely more than just investigating Maravai Lifesciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maravai Lifesciences is a good investment. Please check the relationship between Maravai Lifesciences Net Tangible Assets and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maravai Lifesciences Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maravai Lifesciences Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Maravai Lifesciences' Net Tangible Assets and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Maravai Lifesciences Holdings, assuming nothing else is changed. The correlation between historical values of Maravai Lifesciences' Net Tangible Assets and Total Current Assets 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 Maravai Lifesciences Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Maravai Lifesciences' Net Tangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Maravai Lifesciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maravai Lifesciences 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 Maravai Lifesciences Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
The Maravai Lifesciences' current Enterprise Value is estimated to increase to about 3.1 B, while Tax Provision is forecasted to increase to (1.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense30.3M20.4M45.9M33.9M
Depreciation And Amortization24.8M38.1M48.8M33.8M

Maravai Lifesciences fundamental ratios Correlations

0.90.970.880.870.940.870.580.25-0.910.930.620.970.980.860.920.930.970.980.28-0.930.930.950.610.940.99
0.90.830.950.720.940.740.790.48-0.770.830.670.910.870.60.940.980.910.80.44-0.980.690.860.830.940.92
0.970.830.80.930.910.840.560.1-0.940.970.570.960.940.830.890.860.960.960.38-0.870.910.880.550.890.97
0.880.950.80.590.860.630.60.66-0.660.720.410.830.890.610.840.970.830.80.27-0.960.670.90.670.860.86
0.870.720.930.590.840.80.65-0.19-0.930.980.70.90.80.730.820.710.90.860.56-0.720.830.690.590.80.89
0.940.940.910.860.840.880.730.26-0.890.920.750.990.880.770.950.950.990.870.38-0.940.820.850.690.990.96
0.870.740.840.630.80.880.47-0.06-0.950.830.790.90.810.870.890.790.90.860.11-0.80.910.80.410.910.87
0.580.790.560.60.650.730.470.18-0.560.70.770.70.470.190.730.680.70.430.81-0.690.320.390.950.710.66
0.250.480.10.66-0.190.26-0.060.180.12-0.01-0.170.160.310.040.20.480.160.16-0.1-0.46-0.010.410.340.270.21
-0.91-0.77-0.94-0.66-0.93-0.89-0.95-0.560.12-0.94-0.74-0.94-0.85-0.82-0.92-0.8-0.94-0.9-0.350.81-0.91-0.79-0.49-0.9-0.92
0.930.830.970.720.980.920.830.7-0.01-0.940.710.960.870.760.890.820.960.90.54-0.830.850.780.660.880.96
0.620.670.570.410.70.750.790.77-0.17-0.740.710.750.50.50.750.620.750.540.41-0.630.580.460.690.770.69
0.970.910.960.830.90.990.90.70.16-0.940.960.750.910.810.950.931.00.920.4-0.930.880.870.670.980.99
0.980.870.940.890.80.880.810.470.31-0.850.870.50.910.860.870.910.910.980.2-0.90.920.980.560.870.96
0.860.60.830.610.730.770.870.190.04-0.820.760.50.810.860.690.690.810.92-0.14-0.680.960.870.210.770.83
0.920.940.890.840.820.950.890.730.2-0.920.890.750.950.870.690.950.950.850.42-0.960.80.840.70.960.94
0.930.980.860.970.710.950.790.680.48-0.80.820.620.930.910.690.950.930.850.32-1.00.760.910.710.960.93
0.970.910.960.830.90.990.90.70.16-0.940.960.751.00.910.810.950.930.920.4-0.930.880.870.670.980.99
0.980.80.960.80.860.870.860.430.16-0.90.90.540.920.980.920.850.850.920.17-0.850.970.950.480.860.96
0.280.440.380.270.560.380.110.81-0.1-0.350.540.410.40.2-0.140.420.320.40.17-0.340.040.040.720.320.36
-0.93-0.98-0.87-0.96-0.72-0.94-0.8-0.69-0.460.81-0.83-0.63-0.93-0.9-0.68-0.96-1.0-0.93-0.85-0.34-0.76-0.9-0.72-0.96-0.93
0.930.690.910.670.830.820.910.32-0.01-0.910.850.580.880.920.960.80.760.880.970.04-0.760.90.340.820.9
0.950.860.880.90.690.850.80.390.41-0.790.780.460.870.980.870.840.910.870.950.04-0.90.90.490.860.92
0.610.830.550.670.590.690.410.950.34-0.490.660.690.670.560.210.70.710.670.480.72-0.720.340.490.660.68
0.940.940.890.860.80.990.910.710.27-0.90.880.770.980.870.770.960.960.980.860.32-0.960.820.860.660.95
0.990.920.970.860.890.960.870.660.21-0.920.960.690.990.960.830.940.930.990.960.36-0.930.90.920.680.95
Click cells to compare fundamentals

Maravai Lifesciences Account Relationship Matchups

Maravai Lifesciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets577.8M1.3B1.9B2.3B1.5B1.5B
Short Long Term Debt Total390.2M590.8M534.3M585.3M611.0M559.4M
Other Current Liab18.7M40.8M64.3M88.3M59.5M55.1M
Total Current Liabilities29.6M130.8M93.8M110.1M87.5M89.4M
Total Stockholder Equity141.4M88.5M315.5M545.2M416.8M302.8M
Other Liab15.9M400.4M713.6M693.4M797.4M405.2M
Net Tangible Assets(280.7M)(313.4M)315.5M44.9M51.6M54.2M
Property Plant And Equipment Net94.3M101.3M46.3M116.6M222.6M114.4M
Current Deferred Revenue841K78.1M10.2M3.1M3.4M3.2M
Net Debt365.5M354.6M(17.0M)(46.9M)36.0M34.2M
Retained Earnings(42.4M)854K184.6M404.8M285.7M145.8M
Accounts Payable7.5M3.0M8.2M6.0M10.7M7.1M
Cash24.7M236.2M551.3M632.1M575.0M374.2M
Non Current Assets Total517.2M939.1M1.2B1.4B787.5M979.4M
Non Currrent Assets Other805K4.2M52.9M40.3M9.3M8.9M
Other Assets805K435.9M812.5M806.1M927.0M973.4M
Long Term Debt334.8M528.6M524.6M522.0M518.7M506.8M
Cash And Short Term Investments24.7M236.2M551.3M632.1M575.0M374.2M
Net Receivables18.0M51.0M117.5M146.8M55.7M74.3M
Liabilities And Stockholders Equity577.8M1.3B1.9B2.3B1.5B1.5B
Non Current Liabilities Total403.6M985.2M1.3B1.3B610.1M898.5M
Capital Lease Obligations52.9M56.2M3.7M57.8M86.8M47.5M
Inventory14.2M33.3M51.6M43.2M51.4M38.1M
Other Current Assets3.6M11.1M19.7M25.8M17.8M14.6M
Other Stockholder Equity8.0M85.1M128.4M137.9M128.5M90.2M
Total Liab433.2M1.1B1.4B1.4B697.6M987.9M
Net Invested Capital478.7M623.1M846.1M1.1B940.9M814.7M
Property Plant And Equipment Gross94.3M101.3M46.3M136.1M254.9M267.6M
Total Current Assets60.6M331.6M740.0M847.9M699.9M501.2M
Capital Stock183.9M2.6M2.6M2.6M2.5M2.4M
Non Current Liabilities Other1.2M2.2M754.5M17.4M2.4M2.3M
Net Working Capital31.0M200.8M646.3M737.8M612.4M411.8M
Intangible Assets197.9M177.7M117.6M216.7M221.0M210.6M
Common Stock183.9M2.6M2.6M2.6M2.5M2.4M
Property Plant Equipment94.3M101.3M46.3M116.6M134.1M88.2M

Currently Active Assets on Macroaxis

When determining whether Maravai Lifesciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Maravai Lifesciences' 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 Maravai Lifesciences Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Maravai Lifesciences Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maravai Lifesciences Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Life Sciences Tools & Services 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 Maravai Lifesciences. If investors know Maravai 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 Maravai Lifesciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
(1.67)
Revenue Per Share
2.044
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.02)
The market value of Maravai Lifesciences is measured differently than its book value, which is the value of Maravai that is recorded on the company's balance sheet. Investors also form their own opinion of Maravai Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Maravai Lifesciences' 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 Maravai Lifesciences' market value can be influenced by many factors that don't directly affect Maravai Lifesciences' 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 Maravai Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maravai Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maravai Lifesciences' 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.