Roivant Long Term Debt vs Intangible Assets Analysis

ROIV Stock

USD 10.56 0.11 1.05%

Roivant Sciences financial indicator trend analysis is much more than just breaking down Roivant Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roivant Sciences is a good investment. Please check the relationship between Roivant Sciences Long Term Debt and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roivant Sciences. 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 more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roivant Sciences Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Roivant Sciences' Long Term Debt and Intangible Assets is -0.65. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Roivant Sciences, assuming nothing else is changed. The correlation between historical values of Roivant Sciences' Long Term Debt and Intangible 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 Long Term Debt of Roivant Sciences are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Roivant Sciences' Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that Roivant Sciences has held for over one year. Long-term debt appears on Roivant Sciences balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Roivant Sciences balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Roivant Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roivant Sciences 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 Roivant Sciences. 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 more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.At this time, Roivant Sciences' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 12.74 in 2025, whereas Selling General Administrative is likely to drop slightly above 530.9 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	28.0M	34.8M	40.0M	42.0M
Depreciation And Amortization	18.9M	22.0M	19.8M	18.8M

Interest Expense Depreciation And Amortization

Roivant Sciences fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant Equipment
Total Assets		0.8	0.06	0.49	1.0	-0.74	0.41	0.61	0.37	-0.98	0.9	0.94	1.0	0.72	0.59	0.31	1.0	0.98	0.78	0.8	-0.65	0.84	0.77	1.0	0.08	0.51
Short Long Term Debt Total	0.8		0.08	0.67	0.77	-0.81	0.32	0.77	0.66	-0.81	0.53	0.9	0.79	0.95	0.87	0.34	0.79	0.82	0.94	1.0	-0.73	0.99	0.98	0.78	0.45	0.49
Other Current Liab	0.06	0.08		0.78	0.03	0.19	-0.71	-0.43	-0.3	0.0	0.01	0.02	0.03	-0.03	0.43	-0.48	0.04	0.16	0.08	0.08	0.49	0.08	0.29	0.07	0.4	-0.49
Total Current Liabilities	0.49	0.67	0.78		0.45	-0.35	-0.36	0.15	0.24	-0.45	0.26	0.56	0.47	0.57	0.87	-0.2	0.47	0.59	0.62	0.67	-0.07	0.66	0.82	0.48	0.64	-0.11
Total Stockholder Equity	1.0	0.77	0.03	0.45		-0.71	0.42	0.59	0.33	-0.98	0.92	0.92	1.0	0.69	0.55	0.32	1.0	0.97	0.75	0.78	-0.64	0.81	0.74	1.0	0.03	0.51
Other Liab	-0.74	-0.81	0.19	-0.35	-0.71		-0.71	-0.94	-0.84	0.73	-0.46	-0.88	-0.73	-0.92	-0.71	-0.53	-0.74	-0.65	-0.93	-0.8	0.9	-0.85	-0.73	-0.71	-0.1	-0.69
Net Tangible Assets	0.41	0.32	-0.71	-0.36	0.42	-0.71		0.82	0.58	-0.42	0.34	0.45	0.42	0.49	0.09	0.81	0.42	0.26	0.47	0.32	-0.87	0.35	0.14	0.39	-0.39	0.89
Property Plant And Equipment Net	0.61	0.77	-0.43	0.15	0.59	-0.94	0.82		0.88	-0.62	0.35	0.77	0.61	0.89	0.59	0.69	0.62	0.54	0.84	0.77	-0.97	0.77	0.64	0.58	0.13	0.82
Current Deferred Revenue	0.37	0.66	-0.3	0.24	0.33	-0.84	0.58	0.88		-0.34	-0.02	0.65	0.36	0.84	0.65	0.39	0.36	0.35	0.72	0.66	-0.75	0.65	0.58	0.33	0.41	0.52
Net Debt	-0.98	-0.81	0.0	-0.45	-0.98	0.73	-0.42	-0.62	-0.34		-0.91	-0.91	-0.98	-0.72	-0.56	-0.36	-0.98	-0.94	-0.79	-0.81	0.69	-0.84	-0.76	-0.98	-0.01	-0.53
Retained Earnings	0.9	0.53	0.01	0.26	0.92	-0.46	0.34	0.35	-0.02	-0.91		0.7	0.91	0.4	0.26	0.31	0.91	0.85	0.51	0.54	-0.48	0.58	0.5	0.91	-0.24	0.45
Accounts Payable	0.94	0.9	0.02	0.56	0.92	-0.88	0.45	0.77	0.65	-0.91	0.7		0.93	0.89	0.75	0.3	0.93	0.92	0.9	0.91	-0.75	0.93	0.87	0.93	0.26	0.51
Cash	1.0	0.79	0.03	0.47	1.0	-0.73	0.42	0.61	0.36	-0.98	0.91	0.93		0.71	0.57	0.32	1.0	0.97	0.77	0.8	-0.66	0.83	0.76	1.0	0.06	0.52
Non Current Assets Total	0.72	0.95	-0.03	0.57	0.69	-0.92	0.49	0.89	0.84	-0.72	0.4	0.89	0.71		0.87	0.44	0.72	0.72	0.96	0.95	-0.83	0.94	0.91	0.7	0.42	0.59
Non Currrent Assets Other	0.59	0.87	0.43	0.87	0.55	-0.71	0.09	0.59	0.65	-0.56	0.26	0.75	0.57	0.87		0.21	0.57	0.65	0.86	0.86	-0.5	0.84	0.92	0.57	0.64	0.31
Other Assets	0.31	0.34	-0.48	-0.2	0.32	-0.53	0.81	0.69	0.39	-0.36	0.31	0.3	0.32	0.44	0.21		0.33	0.23	0.43	0.33	-0.79	0.29	0.2	0.29	-0.2	0.97
Cash And Short Term Investments	1.0	0.79	0.04	0.47	1.0	-0.74	0.42	0.62	0.36	-0.98	0.91	0.93	1.0	0.72	0.57	0.33		0.97	0.77	0.8	-0.66	0.83	0.76	1.0	0.06	0.52
Net Receivables	0.98	0.82	0.16	0.59	0.97	-0.65	0.26	0.54	0.35	-0.94	0.85	0.92	0.97	0.72	0.65	0.23	0.97		0.74	0.83	-0.57	0.83	0.82	0.98	0.27	0.42
Common Stock Shares Outstanding	0.78	0.94	0.08	0.62	0.75	-0.93	0.47	0.84	0.72	-0.79	0.51	0.9	0.77	0.96	0.86	0.43	0.77	0.74		0.93	-0.8	0.96	0.9	0.75	0.26	0.58
Non Current Liabilities Total	0.8	1.0	0.08	0.67	0.78	-0.8	0.32	0.77	0.66	-0.81	0.54	0.91	0.8	0.95	0.86	0.33	0.8	0.83	0.93		-0.73	0.98	0.98	0.79	0.47	0.49
Other Current Assets	-0.65	-0.73	0.49	-0.07	-0.64	0.9	-0.87	-0.97	-0.75	0.69	-0.48	-0.75	-0.66	-0.83	-0.5	-0.79	-0.66	-0.57	-0.8	-0.73		-0.73	-0.59	-0.63	0.02	-0.9
Other Stockholder Equity	0.84	0.99	0.08	0.66	0.81	-0.85	0.35	0.77	0.65	-0.84	0.58	0.93	0.83	0.94	0.84	0.29	0.83	0.83	0.96	0.98	-0.73		0.96	0.82	0.35	0.47
Total Liab	0.77	0.98	0.29	0.82	0.74	-0.73	0.14	0.64	0.58	-0.76	0.5	0.87	0.76	0.91	0.92	0.2	0.76	0.82	0.9	0.98	-0.59	0.96		0.75	0.55	0.35
Total Current Assets	1.0	0.78	0.07	0.48	1.0	-0.71	0.39	0.58	0.33	-0.98	0.91	0.93	1.0	0.7	0.57	0.29	1.0	0.98	0.75	0.79	-0.63	0.82	0.75		0.07	0.49
Short Term Debt	0.08	0.45	0.4	0.64	0.03	-0.1	-0.39	0.13	0.41	-0.01	-0.24	0.26	0.06	0.42	0.64	-0.2	0.06	0.27	0.26	0.47	0.02	0.35	0.55	0.07		-0.17
Property Plant Equipment	0.51	0.49	-0.49	-0.11	0.51	-0.69	0.89	0.82	0.52	-0.53	0.45	0.51	0.52	0.59	0.31	0.97	0.52	0.42	0.58	0.49	-0.9	0.47	0.35	0.49	-0.17

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Roivant Sciences Account Relationship Matchups

Roivant Sciences fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.7B	2.6B	2.4B	7.2B	8.3B	8.7B
Short Long Term Debt Total	245.0M	283.9M	481.4M	499.7M	574.7M	336.2M
Other Current Liab	180.2M	127.5M	169.2M	177.0M	203.6M	166.2M
Total Current Liabilities	219.0M	184.4M	272.4M	266.8M	306.8M	228.4M
Total Stockholder Equity	1.8B	1.7B	1.2B	6.0B	6.9B	7.2B
Other Liab	103.2M	76.1M	66.8M	80.6M	72.5M	71.0M
Net Tangible Assets	2.0B	1.8B	1.7B	1.0B	1.2B	1.6B
Property Plant And Equipment Net	77.0M	86.9M	92.3M	66.0M	75.8M	74.7M
Current Deferred Revenue	5.9M	10.1M	12.4M	4.2M	4.8M	6.9M
Net Debt	(1.8B)	(1.8B)	(1.2B)	(6.0B)	(5.4B)	(5.2B)
Retained Earnings	(1.9B)	(2.8B)	(3.8B)	576.2M	662.6M	695.7M
Accounts Payable	20.6M	34.6M	37.8M	53.2M	61.2M	64.3M
Cash	2.1B	2.1B	1.7B	6.5B	7.5B	7.9B
Non Current Assets Total	402.7M	438.6M	591.0M	490.7M	564.3M	436.9M
Non Currrent Assets Other	36.1M	25.8M	49.5M	39.1M	45.0M	32.7M
Other Assets	90.4M	100M	25.8M	49.5M	44.5M	46.2M
Cash And Short Term Investments	2.1B	2.1B	1.7B	6.5B	7.5B	7.9B
Net Receivables	13.8M	6.7M	37.6M	82.8M	95.2M	100.0M
Common Stock Shares Outstanding	684.8M	669.8M	712.8M	831.0M	955.7M	610.3M
Liabilities And Stockholders Equity	2.6B	2.6B	2.4B	7.2B	8.3B	8.7B
Non Current Liabilities Total	308.7M	339.3M	509.6M	507.2M	583.3M	399.7M
Other Current Assets	40.4M	79.4M	81.3M	72.7M	65.4M	82.3M
Other Stockholder Equity	3.7B	4.4B	4.9B	5.4B	6.2B	4.5B
Total Liab	527.7M	523.7M	782.0M	774.0M	890.0M	628.1M
Total Current Assets	2.2B	2.1B	1.8B	6.7B	7.7B	8.1B
Accumulated Other Comprehensive Income	1.4M	(946K)	(2.6M)	(4.1M)	(3.7M)	(3.5M)
Short Term Debt	12.3M	11.4M	52.4M	21.9M	25.2M	23.3M
Property Plant Equipment	73.9M	77.0M	25.9M	39.1M	44.9M	50.0M

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