Moderna Current Ratio from 2010 to 2024

MRNA Stock  USD 38.25  1.31  3.55%   
Moderna's Current Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 4.82 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.42454395
Current Value
4.82
Quarterly Volatility
2.10785586
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Moderna financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Moderna's main balance sheet or income statement drivers, such as Interest Expense of 39.9 M, Selling General Administrative of 1.4 B or Total Revenue of 4.9 B, as well as many indicators such as Price To Sales Ratio of 5.27, Dividend Yield of 1.0E-4 or PTB Ratio of 2.61. Moderna financial statements analysis is a perfect complement when working with Moderna Valuation or Volatility modules.
  
Check out the analysis of Moderna Correlation against competitors.
For information on how to trade Moderna Stock refer to our How to Trade Moderna Stock guide.

Latest Moderna's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Moderna over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Moderna's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Moderna's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.10 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Moderna Current Ratio Regression Statistics

Arithmetic Mean5.33
Geometric Mean4.77
Coefficient Of Variation39.57
Mean Deviation1.83
Median6.68
Standard Deviation2.11
Sample Variance4.44
Range6.4524
R-Value(0.64)
Mean Square Error2.80
R-Squared0.41
Significance0.01
Slope(0.30)
Total Sum of Squares62.20

Moderna Current Ratio History

2024 4.82
2023 3.42
2022 2.73
2021 1.76
2020 1.43
2019 7.89
2018 7.02

About Moderna Financial Statements

Moderna stakeholders use historical fundamental indicators, such as Moderna's Current Ratio, to determine how well the company is positioned to perform in the future. Although Moderna investors may analyze each financial statement separately, they are all interrelated. For example, changes in Moderna's assets and liabilities are reflected in the revenues and expenses on Moderna'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 Moderna. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.42  4.82 

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When determining whether Moderna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Moderna'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 Moderna Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Moderna Stock:
Check out the analysis of Moderna Correlation against competitors.
For information on how to trade Moderna Stock refer to our How to Trade Moderna Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Moderna. If investors know Moderna 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 Moderna 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
(0.85)
Earnings Share
(5.81)
Revenue Per Share
13.275
Quarterly Revenue Growth
0.017
Return On Assets
(0.1)
The market value of Moderna is measured differently than its book value, which is the value of Moderna that is recorded on the company's balance sheet. Investors also form their own opinion of Moderna's value that differs from its market value or its book value, called intrinsic value, which is Moderna'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 Moderna's market value can be influenced by many factors that don't directly affect Moderna'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 Moderna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Moderna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Moderna'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.