Mind Cash And Short Term Investments from 2010 to 2024
MNMD Stock | USD 7.09 0.43 5.72% |
Cash And Short Term Investments | First Reported 2010-12-31 | Previous Quarter 99.7 M | Current Value 100.2 M | Quarterly Volatility 56 M |
Check Mind Medicine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind Medicine's main balance sheet or income statement drivers, such as Interest Income of 881.5 K, Interest Expense of 1.8 M or Selling General Administrative of 23.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.82. Mind financial statements analysis is a perfect complement when working with Mind Medicine Valuation or Volatility modules.
Mind | Cash And Short Term Investments |
Latest Mind Medicine's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Mind Medicine over the last few years. Short Term Investments is an account in the current assets section of Mind Medicine balance sheet. This account contains Mind Medicine investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mind Medicine 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. Mind Medicine's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mind Medicine's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
Timeline |
Mind Cash And Short Term Investments Regression Statistics
Arithmetic Mean | 37,057,842 | |
Geometric Mean | 326,969 | |
Coefficient Of Variation | 151.00 | |
Mean Deviation | 49,386,548 | |
Median | 17,931 | |
Standard Deviation | 55,956,364 | |
Sample Variance | 3131.1T | |
Range | 142.1M | |
R-Value | 0.79 | |
Mean Square Error | 1242.1T | |
R-Squared | 0.63 | |
Significance | 0.0004 | |
Slope | 9,944,246 | |
Total Sum of Squares | 43835.6T |
Mind Cash And Short Term Investments History
About Mind Medicine Financial Statements
Mind Medicine stakeholders use historical fundamental indicators, such as Mind Medicine's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Mind Medicine investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mind Medicine's assets and liabilities are reflected in the revenues and expenses on Mind Medicine'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 Mind Medicine. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Cash And Short Term Investments | 99.7 M | 100.2 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 Mind Medicine is a strong investment it is important to analyze Mind Medicine's 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 Mind Medicine's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:Check out the analysis of Mind Medicine Correlation against competitors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Mind Medicine. If investors know Mind 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 Mind Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.71) | Return On Assets (0.25) | Return On Equity (0.55) |
The market value of Mind Medicine is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Medicine's value that differs from its market value or its book value, called intrinsic value, which is Mind Medicine'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 Mind Medicine's market value can be influenced by many factors that don't directly affect Mind Medicine'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 Mind Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Medicine'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.