Ovid Net Tangible Assets from 2010 to 2026

OVID Stock  USD 1.60  0.15  10.34%   
Ovid Therapeutics' Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 81.7 M. Net Tangible Assets is the total assets of Ovid Therapeutics minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2015-12-31
Previous Quarter
120.9 M
Current Value
110.7 M
Quarterly Volatility
57.7 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Ovid Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovid Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 365.4 K, Interest Expense of 3.3 M or Selling General Administrative of 22.9 M, as well as many indicators such as Price To Sales Ratio of 127, Dividend Yield of 0.0 or PTB Ratio of 1.06. Ovid financial statements analysis is a perfect complement when working with Ovid Therapeutics Valuation or Volatility modules.
  
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Check out the analysis of Ovid Therapeutics Correlation against competitors.
For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.
Analyzing Ovid Therapeutics's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing Ovid Therapeutics's current valuation and future prospects.

Latest Ovid Therapeutics' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Ovid Therapeutics over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Ovid Therapeutics' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovid Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Ovid Net Tangible Assets Regression Statistics

Arithmetic Mean69,755,550
Geometric Mean36,686,798
Coefficient Of Variation83.42
Mean Deviation47,695,639
Median68,031,310
Standard Deviation58,192,593
Sample Variance3386.4T
Range175M
R-Value0.82
Mean Square Error1164.5T
R-Squared0.68
Significance0.000049
Slope9,486,090
Total Sum of Squares54182T

Ovid Net Tangible Assets History

202681.7 M
2025152.1 M
2022132.3 M
2021179.7 M
202043.3 M
201969.6 M
201838.4 M

About Ovid Therapeutics Financial Statements

Ovid Therapeutics stakeholders use historical fundamental indicators, such as Ovid Therapeutics' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Ovid Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ovid Therapeutics' assets and liabilities are reflected in the revenues and expenses on Ovid Therapeutics' 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 Ovid Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets152.1 M81.7 M

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When determining whether Ovid Therapeutics is a strong investment it is important to analyze Ovid Therapeutics' 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 Ovid Therapeutics' future performance. For an informed investment choice regarding Ovid Stock, refer to the following important reports:
Check out the analysis of Ovid Therapeutics Correlation against competitors.
For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Will Biotechnology sector continue expanding? Could Ovid diversify its offerings? Factors like these will boost the valuation of Ovid Therapeutics. Anticipated expansion of Ovid directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ovid Therapeutics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(0.50)
Revenue Per Share
0.093
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.29)
Return On Equity
(0.60)
Ovid Therapeutics's market price often diverges from its book value, the accounting figure shown on Ovid's balance sheet. Smart investors calculate Ovid Therapeutics' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Ovid Therapeutics' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Ovid Therapeutics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ovid Therapeutics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Ovid 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.