Ovid Current Deferred Revenue vs Retained Earnings Analysis

OVID Stock

USD 1.14 0.03 2.70%

Ovid Therapeutics financial indicator trend analysis is much more than just breaking down Ovid Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ovid Therapeutics is a good investment. Please check the relationship between Ovid Therapeutics Current Deferred Revenue and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ovid Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ovid Therapeutics Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ovid Therapeutics' Current Deferred Revenue and Retained Earnings is 0.5. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Ovid Therapeutics, assuming nothing else is changed. The correlation between historical values of Ovid Therapeutics' Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ovid Therapeutics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Ovid Therapeutics' Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Ovid Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ovid Therapeutics 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 Ovid Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.At present, Ovid Therapeutics' Sales General And Administrative To Revenue is projected to increase significantly based on the last few years of reporting.

	2023	2024 (projected)
Depreciation And Amortization	1.6M	1.7M
Interest Income	5.6M	5.9M

Depreciation And Amortization Interest Income

Ovid Therapeutics fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Preferred Stock Total Equity
Total Assets		0.67	0.97	0.99	-0.74	0.77	0.83	0.46	0.9	0.6	0.99	0.56	0.82	0.62	0.54	0.55	-0.37	0.56	0.68	0.82	0.33	0.87	0.77	0.87	0.56	-0.76
Total Current Liabilities	0.67		0.57	0.58	-0.88	0.93	0.54	0.29	0.8	0.63	0.69	0.78	0.81	0.34	0.98	0.23	-0.11	0.3	0.54	0.41	0.39	0.83	0.83	0.86	0.24	-0.82
Total Stockholder Equity	0.97	0.57		0.96	-0.61	0.71	0.9	0.53	0.81	0.45	0.99	0.52	0.72	0.51	0.43	0.45	-0.49	0.45	0.63	0.85	0.33	0.76	0.65	0.77	0.45	-0.7
Net Tangible Assets	0.99	0.58	0.96		-0.67	0.7	0.78	0.43	0.86	0.57	0.96	0.48	0.77	0.62	0.44	0.55	-0.34	0.57	0.66	0.82	0.3	0.83	0.74	0.82	0.56	-0.7
Retained Earnings	-0.74	-0.88	-0.61	-0.67		-0.79	-0.41	-0.27	-0.88	-0.85	-0.7	-0.81	-0.88	-0.69	-0.86	-0.62	-0.14	-0.66	-0.66	-0.41	-0.5	-0.92	-0.92	-0.94	-0.62	0.9
Accounts Payable	0.77	0.93	0.71	0.7	-0.79		0.66	0.48	0.79	0.55	0.79	0.77	0.78	0.31	0.85	0.19	-0.28	0.28	0.67	0.59	0.42	0.81	0.85	0.84	0.19	-0.83
Cash	0.83	0.54	0.9	0.78	-0.41	0.66		0.59	0.66	0.13	0.88	0.42	0.57	0.17	0.42	0.12	-0.76	0.08	0.48	0.77	0.15	0.58	0.45	0.61	0.12	-0.54
Other Assets	0.46	0.29	0.53	0.43	-0.27	0.48	0.59		0.35	-0.05	0.48	0.57	0.28	0.06	0.16	0.06	-0.4	0.03	0.8	0.32	0.36	0.3	0.47	0.38	0.06	-0.51
Common Stock Shares Outstanding	0.9	0.8	0.81	0.86	-0.88	0.79	0.66	0.35		0.74	0.87	0.64	0.96	0.7	0.73	0.64	-0.21	0.64	0.67	0.71	0.26	0.98	0.87	0.97	0.64	-0.79
Total Liab	0.6	0.63	0.45	0.57	-0.85	0.55	0.13	-0.05	0.74		0.53	0.44	0.71	0.89	0.61	0.81	0.36	0.9	0.52	0.36	0.21	0.75	0.76	0.75	0.82	-0.66
Total Current Assets	0.99	0.69	0.99	0.96	-0.7	0.79	0.88	0.48	0.87	0.53		0.58	0.78	0.53	0.56	0.46	-0.44	0.47	0.64	0.83	0.34	0.83	0.73	0.84	0.46	-0.75
Intangible Assets	0.56	0.78	0.52	0.48	-0.81	0.77	0.42	0.57	0.64	0.44	0.58		0.67	0.29	0.75	0.23	0.06	0.27	0.67	0.22	0.77	0.7	0.78	0.76	0.23	-0.85
Common Stock	0.82	0.81	0.72	0.77	-0.88	0.78	0.57	0.28	0.96	0.71	0.78	0.67		0.64	0.77	0.58	-0.21	0.58	0.58	0.7	0.34	0.98	0.85	0.97	0.59	-0.79
Property Plant Equipment	0.62	0.34	0.51	0.62	-0.69	0.31	0.17	0.06	0.7	0.89	0.53	0.29	0.64		0.29	0.99	0.26	0.99	0.55	0.46	0.12	0.67	0.63	0.67	0.99	-0.54
Other Current Liab	0.54	0.98	0.43	0.44	-0.86	0.85	0.42	0.16	0.73	0.61	0.56	0.75	0.77	0.29		0.19	-0.04	0.25	0.41	0.3	0.36	0.77	0.75	0.8	0.19	-0.75
Property Plant And Equipment Net	0.55	0.23	0.45	0.55	-0.62	0.19	0.12	0.06	0.64	0.81	0.46	0.23	0.58	0.99	0.19		0.27	0.97	0.5	0.4	0.09	0.6	0.55	0.6	1.0	-0.47
Net Debt	-0.37	-0.11	-0.49	-0.34	-0.14	-0.28	-0.76	-0.4	-0.21	0.36	-0.44	0.06	-0.21	0.26	-0.04	0.27		0.35	-0.05	-0.67	0.2	-0.14	0.04	-0.14	0.27	0.03
Non Current Assets Total	0.56	0.3	0.45	0.57	-0.66	0.28	0.08	0.03	0.64	0.9	0.47	0.27	0.58	0.99	0.25	0.97	0.35		0.55	0.4	0.13	0.62	0.62	0.62	0.97	-0.52
Non Currrent Assets Other	0.68	0.54	0.63	0.66	-0.66	0.67	0.48	0.8	0.67	0.52	0.64	0.67	0.58	0.55	0.41	0.5	-0.05	0.55		0.41	0.39	0.64	0.84	0.7	0.51	-0.77
Cash And Short Term Investments	0.82	0.41	0.85	0.82	-0.41	0.59	0.77	0.32	0.71	0.36	0.83	0.22	0.7	0.46	0.3	0.4	-0.67	0.4	0.41		0.07	0.66	0.48	0.65	0.41	-0.47
Net Receivables	0.33	0.39	0.33	0.3	-0.5	0.42	0.15	0.36	0.26	0.21	0.34	0.77	0.34	0.12	0.36	0.09	0.2	0.13	0.39	0.07		0.38	0.5	0.45	0.09	-0.69
Common Stock Total Equity	0.87	0.83	0.76	0.83	-0.92	0.81	0.58	0.3	0.98	0.75	0.83	0.7	0.98	0.67	0.77	0.6	-0.14	0.62	0.64	0.66	0.38		0.89	0.99	0.61	-0.83
Other Current Assets	0.77	0.83	0.65	0.74	-0.92	0.85	0.45	0.47	0.87	0.76	0.73	0.78	0.85	0.63	0.75	0.55	0.04	0.62	0.84	0.48	0.5	0.89		0.92	0.56	-0.92
Other Stockholder Equity	0.87	0.86	0.77	0.82	-0.94	0.84	0.61	0.38	0.97	0.75	0.84	0.76	0.97	0.67	0.8	0.6	-0.14	0.62	0.7	0.65	0.45	0.99	0.92		0.6	-0.9
Property Plant And Equipment Gross	0.56	0.24	0.45	0.56	-0.62	0.19	0.12	0.06	0.64	0.82	0.46	0.23	0.59	0.99	0.19	1.0	0.27	0.97	0.51	0.41	0.09	0.61	0.56	0.6		-0.48
Preferred Stock Total Equity	-0.76	-0.82	-0.7	-0.7	0.9	-0.83	-0.54	-0.51	-0.79	-0.66	-0.75	-0.85	-0.79	-0.54	-0.75	-0.47	0.03	-0.52	-0.77	-0.47	-0.69	-0.83	-0.92	-0.9	-0.48

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Ovid Therapeutics Account Relationship Matchups

Ovid Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	80.8M	75.9M	194.5M	155.3M	144.0M	100.8M
Total Current Liabilities	10.5M	22.1M	14.8M	7.0M	11.5M	9.6M
Total Stockholder Equity	70.0M	43.6M	179.7M	132.3M	87.8M	83.4M
Net Tangible Assets	69.6M	43.3M	179.7M	132.3M	152.1M	81.7M
Retained Earnings	(213.2M)	(294.2M)	(171.4M)	(225.5M)	(277.9M)	(264.0M)
Accounts Payable	3.3M	5.4M	7.1M	2.0M	3.7M	3.2M
Cash	41.9M	72.0M	187.8M	129.0M	27.0M	25.7M
Other Assets	494.9K	(100.0)	2.0M	1.9M	1.0	0.95
Common Stock Shares Outstanding	39.2M	58.5M	68.1M	70.4M	70.6M	44.0M
Total Liab	10.8M	32.3M	14.8M	23.0M	56.2M	59.0M
Total Current Assets	79.8M	74.8M	190.5M	131.4M	109.6M	93.1M
Intangible Assets	467.2K	318.9K	260.1K	261.2K	183.0K	235.2K
Common Stock	54.7K	65.7K	70.4K	70.5K	70.7K	47.4K
Property Plant Equipment	68.4K	135.6K	242.8K	1.1M	1.3M	1.4M
Other Current Liab	7.3M	14.4M	7.7M	4.5M	6.5M	6.6M
Property Plant And Equipment Net	68.4K	135.6K	242.8K	16.1M	14.7M	15.4M
Net Debt	(41.9M)	(72.0M)	(187.8M)	(112.5M)	(11.0M)	(11.6M)
Non Current Assets Total	1.0M	1.1M	4.1M	23.9M	34.4M	36.2M
Non Currrent Assets Other	495.2K	627.8K	1.9M	2.0M	2.0M	1.4M
Cash And Short Term Investments	76.7M	72.0M	187.8M	129.0M	105.8M	100.5M
Common Stock Total Equity	54.7K	65.7K	70.4K	70.5K	81.0K	46.7K
Liabilities And Stockholders Equity	80.8M	75.9M	194.5M	155.3M	144.0M	111.4M
Other Current Assets	1.9M	2.7M	2.7M	2.4M	3.8M	2.2M
Other Stockholder Equity	283.1M	337.8M	351.0M	357.8M	365.6M	276.7M
Property Plant And Equipment Gross	68.4K	135.6K	505.0K	16.7M	15.7M	16.4M
Accumulated Other Comprehensive Income	(50.9K)	(1.8K)	2.5K	(42.2K)	702.0	737.1
Non Current Liabilities Total	286.6K	10.2M	7.1M	16.0M	44.8M	47.0M
Retained Earnings Total Equity	(213.2M)	(294.2M)	(171.4M)	(225.5M)	(203.0M)	(213.1M)
Capital Surpluse	283.1M	337.8M	351.0M	357.8M	411.4M	312.6M
Net Invested Capital	70.0M	43.6M	179.7M	132.3M	87.8M	99.9M
Net Working Capital	69.3M	52.8M	175.7M	124.4M	98.1M	100.3M
Capital Stock	54.7K	65.7K	70.4K	70.5K	70.7K	65.4K

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When determining whether Ovid Therapeutics is a strong investment it is important to analyze Ovid Therapeutics' 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 Ovid Therapeutics' future performance. For an informed investment choice regarding Ovid Stock, refer to the following important reports:

How To Invest In Ovid

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Is Ovid Stock a good investment?

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What is Ovid Therapeutics' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ovid Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.

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 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 Ovid Therapeutics. If investors know Ovid 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 Ovid 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

(0.46)

Revenue Per Share

0.009

Quarterly Revenue Growth

0.587

Return On Assets

(0.36)

Return On Equity

(0.37)

The market value of Ovid Therapeutics is measured differently than its book value, which is the value of Ovid that is recorded on the company's balance sheet. Investors also form their own opinion of Ovid Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Ovid 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 Ovid Therapeutics' market value can be influenced by many factors that don't directly affect Ovid 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 Ovid Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ovid Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ovid 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.

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Ovid Current Deferred Revenue vs Retained Earnings Analysis

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Retained Earnings

Ovid Therapeutics fundamental ratios Correlations

Ovid Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ovid Therapeutics fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Tangible Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment
Non Current Assets Total	+ 0.99	Property Plant Equipment

Other Stockholder Equity	- 0.94	Retained Earnings
Preferred Stock Total Equity	- 0.92	Other Current Assets
Other Current Assets	- 0.92	Retained Earnings
Common Stock Total Equity	- 0.92	Retained Earnings
Preferred Stock Total Equity	- 0.9	Other Stockholder Equity
Common Stock	- 0.88	Retained Earnings