Nuvation Bio Total Debt vs. Current Ratio
| NUVB Stock | USD 2.68 0.01 0.37% |
For Nuvation Bio profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuvation Bio to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuvation Bio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuvation Bio's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuvation Bio over time as well as its relative position and ranking within its peers.
Nuvation |
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 Nuvation Bio. If investors know Nuvation 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 Nuvation Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.18) | Revenue Per Share 0.009 | Return On Assets (0.14) | Return On Equity (0.96) |
The market value of Nuvation Bio is measured differently than its book value, which is the value of Nuvation that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvation Bio's value that differs from its market value or its book value, called intrinsic value, which is Nuvation Bio's 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 Nuvation Bio's market value can be influenced by many factors that don't directly affect Nuvation Bio's 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 Nuvation Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvation Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvation Bio's 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.
Nuvation Bio Current Ratio vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nuvation Bio's current stock value. Our valuation model uses many indicators to compare Nuvation Bio value to that of its competitors to determine the firm's financial worth. Nuvation Bio is rated below average in total debt category among its peers. It is regarded second in current ratio category among its peers . The ratio of Total Debt to Current Ratio for Nuvation Bio is about 119,327 . At present, Nuvation Bio's Current Ratio is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuvation Bio's earnings, one of the primary drivers of an investment's value.Nuvation Total Debt vs. Competition
Nuvation Bio is rated below average in total debt category among its peers. Total debt of Health Care industry is now estimated at about 135.21 Million. Nuvation Bio holds roughly 4.01 Million in total debt claiming about 2.96% of equities under Health Care industry.
Nuvation Current Ratio vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Nuvation Bio |
| = | 4.01 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Nuvation Bio |
| = | 33.58 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Nuvation Current Ratio Comparison
Nuvation Bio is currently under evaluation in current ratio category among its peers.
Nuvation Bio Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nuvation Bio, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuvation Bio will eventually generate negative long term returns. The profitability progress is the general direction of Nuvation Bio's change in net profit over the period of time. It can combine multiple indicators of Nuvation Bio, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 181 K | 190.1 K | |
| Net Loss | -93.8 M | -89.1 M | |
| Operating Income | -99.8 M | -104.8 M | |
| Income Before Tax | -75.8 M | -79.6 M | |
| Total Other Income Expense Net | 24 M | 25.2 M | |
| Net Loss | -75.8 M | -79.6 M | |
| Net Interest Income | 24.6 M | 25.8 M | |
| Interest Income | 24.6 M | 25.8 M | |
| Net Loss | -75.8 M | -79.6 M | |
| Income Tax Expense | -14 M | -13.3 M | |
| Non Operating Income Net Other | 17.9 M | 12.2 M | |
| Change To Netincome | 8.5 M | 8.6 M | |
| Net Loss | (0.35) | (0.36) | |
| Income Quality | 0.90 | 0.65 | |
| Net Income Per E B T | 0.98 | 1.00 |
Nuvation Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nuvation Bio. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nuvation Bio position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nuvation Bio's important profitability drivers and their relationship over time.
Use Nuvation Bio in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuvation Bio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuvation Bio will appreciate offsetting losses from the drop in the long position's value.Nuvation Bio Pair Trading
Nuvation Bio Pair Trading Analysis
The ability to find closely correlated positions to Nuvation Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuvation Bio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuvation Bio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuvation Bio to buy it.
The correlation of Nuvation Bio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuvation Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuvation Bio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuvation Bio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nuvation Bio position
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Check out Correlation Analysis. For information on how to trade Nuvation Stock refer to our How to Trade Nuvation Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
To fully project Nuvation Bio's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nuvation Bio at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nuvation Bio's income statement, its balance sheet, and the statement of cash flows.