Innoviva Cash And Short Term Investments from 2010 to 2024

INVA Stock  USD 18.99  0.06  0.31%   
Innoviva's Cash And Short Term Investments are decreasing over the years with very volatile fluctuation. Overall, Cash And Short Term Investments are expected to go to about 235.5 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2004-06-30
Previous Quarter
217 M
Current Value
260.6 M
Quarterly Volatility
93.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innoviva financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innoviva's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.5 M, Interest Expense of 15.6 M or Gross Profit of 274.1 M, as well as many indicators such as Price To Sales Ratio of 3.21, Dividend Yield of 0.0 or PTB Ratio of 1.63. Innoviva financial statements analysis is a perfect complement when working with Innoviva Valuation or Volatility modules.
  
Check out the analysis of Innoviva Correlation against competitors.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.

Latest Innoviva's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Innoviva over the last few years. Short Term Investments is an account in the current assets section of Innoviva balance sheet. This account contains Innoviva investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Innoviva fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Innoviva's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innoviva's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Very volatile
   Cash And Short Term Investments   
       Timeline  

Innoviva Cash And Short Term Investments Regression Statistics

Arithmetic Mean229,614,460
Geometric Mean214,872,234
Coefficient Of Variation39.45
Mean Deviation64,268,563
Median235,521,900
Standard Deviation90,573,346
Sample Variance8203.5T
Range350.2M
R-Value(0.04)
Mean Square Error8822.7T
R-Squared0
Significance0.90
Slope(741,581)
Total Sum of Squares114849.4T

Innoviva Cash And Short Term Investments History

2024235.5 M
2023193.5 M
2022291 M
2021201.5 M
2020246.5 M
2019350.8 M
2018114.9 M

About Innoviva Financial Statements

Innoviva stakeholders use historical fundamental indicators, such as Innoviva's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Innoviva investors may analyze each financial statement separately, they are all interrelated. For example, changes in Innoviva's assets and liabilities are reflected in the revenues and expenses on Innoviva's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Innoviva. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments193.5 M235.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Innoviva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innoviva's 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 Innoviva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Innoviva Stock:
Check out the analysis of Innoviva Correlation against competitors.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Pharmaceuticals 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 Innoviva. If investors know Innoviva 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 Innoviva 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
(0.98)
Earnings Share
0.8
Revenue Per Share
5.6
Quarterly Revenue Growth
0.331
Return On Assets
0.0937
The market value of Innoviva is measured differently than its book value, which is the value of Innoviva that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviva's value that differs from its market value or its book value, called intrinsic value, which is Innoviva'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 Innoviva's market value can be influenced by many factors that don't directly affect Innoviva'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 Innoviva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviva'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.