MediciNova Cash Ratio from 2010 to 2024

MNOV Stock  USD 2.13  0.13  6.50%   
MediciNova Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio will likely drop to 9.15 in 2024. During the period from 2010 to 2024, MediciNova Cash Ratio regression line of quarterly data had mean square error of  71.98 and geometric mean of  11.60. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
15.55287318
Current Value
9.15
Quarterly Volatility
9.08224101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MediciNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MediciNova's main balance sheet or income statement drivers, such as Interest Expense of 679.1 K, Other Operating Expenses of 14.5 M or Research Development of 7.9 M, as well as many indicators such as Price To Sales Ratio of 107, Dividend Yield of 0.0 or PTB Ratio of 1.63. MediciNova financial statements analysis is a perfect complement when working with MediciNova Valuation or Volatility modules.
  
Check out the analysis of MediciNova Correlation against competitors.
For more information on how to buy MediciNova Stock please use our How to Invest in MediciNova guide.

Latest MediciNova's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of MediciNova over the last few years. It is MediciNova's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MediciNova's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

MediciNova Cash Ratio Regression Statistics

Arithmetic Mean14.32
Geometric Mean11.60
Coefficient Of Variation63.41
Mean Deviation7.30
Median14.55
Standard Deviation9.08
Sample Variance82.49
Range24.7647
R-Value0.44
Mean Square Error71.98
R-Squared0.19
Significance0.10
Slope0.88
Total Sum of Squares1,155

MediciNova Cash Ratio History

2024 9.15
2023 15.55
2022 5.81
2021 25.21
2020 27.36
2019 28.63
2018 28.43

About MediciNova Financial Statements

MediciNova investors use historical fundamental indicators, such as MediciNova's Cash Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MediciNova. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 15.55  9.15 

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Additional Tools for MediciNova Stock Analysis

When running MediciNova's price analysis, check to measure MediciNova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MediciNova is operating at the current time. Most of MediciNova's value examination focuses on studying past and present price action to predict the probability of MediciNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediciNova's price. Additionally, you may evaluate how the addition of MediciNova to your portfolios can decrease your overall portfolio volatility.