Mersana Financial Statements From 2010 to 2025

MRSN Stock  USD 0.64  0.05  8.47%   
Mersana Therapeutics financial statements provide useful quarterly and yearly information to potential Mersana Therapeutics investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mersana Therapeutics financial statements helps investors assess Mersana Therapeutics' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mersana Therapeutics' valuation are summarized below:
Gross Profit
-113.4 M
Profit Margin
(2.14)
Market Capitalization
78.7 M
Enterprise Value Revenue
4.6581
Revenue
34.8 M
We have found one hundred twenty available fundamental ratios for Mersana Therapeutics, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mersana Therapeutics' last-minute fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 31st of January 2025, Market Cap is likely to grow to about 445.3 M, while Enterprise Value is likely to drop about 140.6 M.

Mersana Therapeutics Total Revenue

44.5 Million

Check Mersana Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mersana Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 13.3 M, Depreciation And Amortization of 1.1 M or Interest Expense of 4.9 M, as well as many indicators such as Price To Sales Ratio of 6.25, Dividend Yield of 0.0 or PTB Ratio of 6.9. Mersana financial statements analysis is a perfect complement when working with Mersana Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Mersana Therapeutics Correlation against competitors.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.

Mersana Therapeutics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets180.4 M260 M124.3 M
Slightly volatile
Other Current Liabilities17.9 M26.1 M12.4 M
Slightly volatile
Total Current Liabilities48.5 M73.2 M35.8 M
Slightly volatile
Other Liabilities141.3 M134.6 M39.9 M
Slightly volatile
Property Plant And Equipment Net8.2 M13.3 M5.9 M
Slightly volatile
Current Deferred Revenue20.7 M32.4 M16.1 M
Slightly volatile
Accounts Payable8.2 M8.4 M5.9 M
Slightly volatile
Cash140.4 M200.7 M96.7 M
Slightly volatile
Non Current Assets Total11.2 M13.8 M7.8 M
Slightly volatile
Non Currrent Assets Other408.7 K430.2 K960.5 K
Pretty Stable
Other Assets722.1 K760.1 K1.5 M
Pretty Stable
Cash And Short Term Investments161.3 M240.4 M111.2 M
Slightly volatile
Common Stock Total Equity4.2 K8.1 K3.6 K
Slightly volatile
Common Stock Shares Outstanding140.2 M133.5 M51 M
Slightly volatile
Liabilities And Stockholders Equity180.4 M260 M124.3 M
Slightly volatile
Non Current Liabilities Total151.6 M144.3 M66.8 M
Slightly volatile
Capital Surpluse690.9 M658 M262.9 M
Slightly volatile
Other Current Assets5.8 M5.7 M3.9 M
Slightly volatile
Other Stockholder EquityB992.7 M328.3 M
Slightly volatile
Total Liabilities114.7 M217.5 M97.3 M
Slightly volatile
Deferred Long Term Liabilities393.3 K414 K5.8 M
Slightly volatile
Property Plant And Equipment Gross24.9 M23.7 M9.2 M
Slightly volatile
Total Current Assets169.2 M246.2 M116.5 M
Slightly volatile
Common Stock14.5 K13.8 K5.2 K
Slightly volatile
Property Plant Equipment17.5 M16.6 M6.2 M
Slightly volatile
Net Invested Capital113.2 M71.5 M87.2 M
Slightly volatile
Net Working Capital143.9 M173 M114.5 M
Slightly volatile
Capital Stock8.2 K13.8 K5.7 K
Slightly volatile
Short and Long Term Debt Total29.2 M38.9 M16.9 M
Slightly volatile
Long Term Debt Total29.7 M28.3 M11.4 M
Slightly volatile
Capital Lease Obligations10.5 M9.7 M5.9 M
Slightly volatile
Short and Long Term Debt1.5 M2.4 M1.2 M
Slightly volatile
Short Term Debt3.4 M6.3 M3.2 M
Slightly volatile

Mersana Therapeutics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income13.3 M12.7 M2.8 M
Slightly volatile
Depreciation And Amortization1.1 M1.7 M811.4 K
Slightly volatile
Selling General Administrative71.9 M68.5 M24.9 M
Slightly volatile
Total Revenue44.5 M42.4 M19.3 M
Slightly volatile
Other Operating Expenses250.9 M239 M99.4 M
Slightly volatile
Research Development89.9 M170.5 M68.9 M
Slightly volatile
Cost Of Revenue179 M170.5 M63.7 M
Slightly volatile
Total Operating Expenses40.3 M42.4 M63.3 M
Slightly volatile
Reconciled Depreciation1.2 M1.6 M1.1 M
Slightly volatile
Non Operating Income Net Other55.6 K58.5 K971.3 K
Slightly volatile
Selling And Marketing Expenses1.2 M1.4 M1.5 M
Slightly volatile

Mersana Therapeutics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Sale Purchase Of Stock958.5 KM12 M
Pretty Stable
Stock Based Compensation25.5 M24.3 M8.2 M
Slightly volatile
Begin Period Cash Flow102.3 M148.8 M71.7 M
Slightly volatile
Other Cashflows From Financing Activities1.2 M1.3 M10.1 M
Pretty Stable
Depreciation1.1 M1.7 M811.4 K
Slightly volatile
Capital Expenditures1.3 M2.5 M1.1 M
Slightly volatile
Total Cash From Financing Activities95 M108.9 M64.4 M
Slightly volatile
End Period Cash Flow122.1 M201.3 M86.3 M
Slightly volatile
Change To Netincome25.1 M23.9 M8.1 M
Slightly volatile
Change Receivables385.4 K527.9 K354.3 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.256.58775
Pretty Stable
Days Sales Outstanding389371188
Slightly volatile
Stock Based Compensation To Revenue0.490.5227.4977
Pretty Stable
Capex To Depreciation1.421.641.5658
Slightly volatile
EV To Sales2.983.14552
Pretty Stable
Payables Turnover19.1418.2310.539
Pretty Stable
Sales General And Administrative To Revenue1.381.4556.0515
Pretty Stable
Research And Ddevelopement To Revenue3.443.62199
Pretty Stable
Capex To Revenue0.05030.05291.031
Pretty Stable
Cash Per Share1.972.072.6066
Slightly volatile
Days Payables Outstanding15.416.22448
Pretty Stable
Net Debt To EBITDA0.930.971.4486
Very volatile
Current Ratio2.943.032.8156
Slightly volatile
Receivables Turnover0.971.0210.8091
Slightly volatile
Graham Number3.553.747.4494
Pretty Stable
Debt To Equity0.870.830.2743
Slightly volatile
Capex Per Share0.03970.02150.0352
Slightly volatile
Revenue Per Share0.680.370.5967
Slightly volatile
Interest Debt Per Share0.280.290.2498
Slightly volatile
Debt To Assets0.0960.130.0908
Slightly volatile
Days Of Payables Outstanding15.416.22448
Pretty Stable
Ebt Per Ebit0.790.90.9776
Slightly volatile
Long Term Debt To Capitalization0.360.350.1255
Slightly volatile
Total Debt To Capitalization0.450.430.1781
Slightly volatile
Debt Equity Ratio0.870.830.2743
Slightly volatile
Quick Ratio2.953.032.82
Slightly volatile
Net Income Per E B T0.790.910.9608
Pretty Stable
Cash Ratio2.392.472.3237
Slightly volatile
Days Of Sales Outstanding389371188
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.121.161.0475
Pretty Stable
Fixed Asset Turnover5.343.685.8133
Slightly volatile
Debt Ratio0.0960.130.0908
Slightly volatile
Price Sales Ratio6.256.58775
Pretty Stable
Asset Turnover0.230.190.3675
Slightly volatile

Mersana Therapeutics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap445.3 M242.4 M353.7 M
Slightly volatile
Enterprise Value140.6 M147.9 M260.9 M
Pretty Stable

Mersana Fundamental Market Drivers

Cash And Short Term Investments209.1 M

Mersana Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Mersana Therapeutics Financial Statements

Mersana Therapeutics investors utilize fundamental indicators, such as revenue or net income, to predict how Mersana Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue32.4 M20.7 M
Total Revenue42.4 M44.5 M
Cost Of Revenue170.5 M179 M
Stock Based Compensation To Revenue 0.52  0.49 
Sales General And Administrative To Revenue 1.45  1.38 
Research And Ddevelopement To Revenue 3.62  3.44 
Capex To Revenue 0.05  0.05 
Revenue Per Share 0.37  0.68 
Ebit Per Revenue(5.33)(5.60)

Pair Trading with Mersana Therapeutics

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 Mersana Therapeutics 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 Mersana Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Mersana Stock

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The ability to find closely correlated positions to Mersana Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mersana Therapeutics 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 Mersana Therapeutics - 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 Mersana Therapeutics to buy it.
The correlation of Mersana Therapeutics 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 Mersana Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mersana Therapeutics 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 Mersana Therapeutics 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.
Pair CorrelationCorrelation Matching
When determining whether Mersana Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mersana Therapeutics' 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 Mersana Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mersana Therapeutics Stock:
Check out the analysis of Mersana Therapeutics Correlation against competitors.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 Mersana Therapeutics. If investors know Mersana 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 Mersana Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.60)
Revenue Per Share
0.286
Quarterly Revenue Growth
0.637
Return On Assets
(0.26)
Return On Equity
(2.13)
The market value of Mersana Therapeutics is measured differently than its book value, which is the value of Mersana that is recorded on the company's balance sheet. Investors also form their own opinion of Mersana Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Mersana Therapeutics' 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 Mersana Therapeutics' market value can be influenced by many factors that don't directly affect Mersana Therapeutics' 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 Mersana Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mersana Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mersana Therapeutics' 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.