Corvus Pharmaceuticals Financials

CRVS Stock  USD 8.93  0.02  0.22%   
Based on the key indicators related to Corvus Pharmaceuticals' liquidity, profitability, solvency, and operating efficiency, Corvus Pharmaceuticals is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Corvus Pharmaceuticals' Property Plant And Equipment Net is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 18 M in 2024, whereas Other Liabilities is likely to drop slightly above 870.8 K in 2024. Key indicators impacting Corvus Pharmaceuticals' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.874.0699
Notably Down
Pretty Stable
Investors should never underestimate Corvus Pharmaceuticals' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Corvus Pharmaceuticals' cash flow, debt, and profitability to make informed and accurate decisions about investing in Corvus Pharmaceuticals.

Net Income

(28.38 Million)

  
Understanding current and past Corvus Pharmaceuticals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Corvus Pharmaceuticals' financial statements are interrelated, with each one affecting the others. For example, an increase in Corvus Pharmaceuticals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Corvus Pharmaceuticals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corvus Pharmaceuticals. Check Corvus Pharmaceuticals' Beneish M Score to see the likelihood of Corvus Pharmaceuticals' management manipulating its earnings.

Corvus Pharmaceuticals Stock Summary

Corvus Pharmaceuticals competes with Mereo BioPharma, Terns Pharmaceuticals, PDS Biotechnology, Inozyme Pharma, and Hookipa Pharma. Corvus Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of immuno-oncology therapies. The company was incorporated in 2014 and is based in Burlingame, California. Corvus Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 28 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS2210151005
CUSIP221015100
LocationCalifornia; U.S.A
Business Address863 Mitten Road,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.corvuspharma.com
Phone650 900 4520
CurrencyUSD - US Dollar

Corvus Pharmaceuticals Key Financial Ratios

Corvus Pharmaceuticals Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets83.6M85.5M109.5M68.2M45.6M68.5M
Other Current Liab6.9M7.6M7.1M7.5M2.6M2.5M
Net Tangible Assets71.1M72.1M97.2M56.1M64.5M72.5M
Net Debt(2.0M)(14.1M)(59.8M)(10.6M)(11.2M)(11.8M)
Retained Earnings(217.1M)(223.1M)(266.4M)(307.7M)(334.7M)(318.0M)
Accounts Payable2.4M3.5M1.6M2.0M1.5M2.2M
Cash5.2M16.5M63.5M13.2M12.6M12.0M
Other Assets513K414K236K129K1.00.95
Other Current Assets486K991K1.3M728K744K687.3K
Total Liab12.5M13.4M12.3M12.1M6.9M6.5M
Total Current Assets78.0M44.3M69.5M42.3M28.0M26.6M
Net Receivables329K86K539K633K63K59.9K
Capital Surpluse208.4M280.8M288.2M295.3M339.6M233.5M
Inventory(815K)(492K)(667K)(735K)(661.5K)(694.6K)
Net Invested Capital71.1M72.1M97.2M56.1M38.7M60.6M
Net Working Capital69.1M33.2M61.6M32.9M21.1M20.0M

Corvus Pharmaceuticals Key Income Statement Accounts

The reason investors look at the income statement is to determine what Corvus Pharmaceuticals' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense2.2M540K15K654K1.6M864.5K
Gross Profit(743K)(632K)(460K)(367K)(151K)(158.6K)
Operating Income(48.9M)(43.8M)(38.6M)(32.6M)(23.3M)(24.5M)
Ebit(48.9M)(43.8M)(43.2M)(41.3M)(27.0M)(28.4M)
Research Development38.0M31.8M29.1M24.5M16.5M29.2M
Cost Of Revenue743K632K460K367K151K143.5K
Income Before Tax(46.7M)(6.0M)(43.2M)(41.3M)(27.0M)(28.4M)
Net Income(43.7M)(4.8M)(38.2M)(50.0M)(27.0M)(28.4M)
Income Tax Expense(2.9M)(1.2M)(5.0M)8.7M10.1M10.6M
Interest Income2.3M2.2M540K6K5.4K5.1K
Ebitda(48.1M)(43.1M)(42.8M)(40.9M)(26.9M)(28.2M)
Net Interest Income2.2M540K(15K)654K1.5M862.8K

Corvus Pharmaceuticals Key Cash Accounts

201920202021202220232024 (projected)
Investments3.3M44.8M21.6M(23.3M)14.0M14.7M
Change In Cash(34.0M)11.3M47.0M(50.3M)(539K)(512.1K)
Free Cash Flow(37.3M)(34.9M)(36.7M)(27.3M)(24.0M)(25.2M)
Depreciation743K632K460K367K151K143.5K
Other Non Cash Items(644K)(37.1M)5.1M9.8M4.4M4.6M
Capital Expenditures25K76K5K269K34K32.3K
Net Income(46.7M)(6.0M)(43.2M)(41.3M)(27.0M)(28.4M)
End Period Cash Flow5.2M16.5M63.5M13.2M12.6M24.0M
Change To Netincome7.1M7.3M(31.3M)9.3M8.4M8.8M

Corvus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Corvus Pharmaceuticals's current stock value. Our valuation model uses many indicators to compare Corvus Pharmaceuticals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corvus Pharmaceuticals competition to find correlations between indicators driving Corvus Pharmaceuticals's intrinsic value. More Info.
Corvus Pharmaceuticals is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers . At this time, Corvus Pharmaceuticals' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Corvus Pharmaceuticals by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Corvus Pharmaceuticals Systematic Risk

Corvus Pharmaceuticals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Corvus Pharmaceuticals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Corvus Pharmaceuticals correlated with the market. If Beta is less than 0 Corvus Pharmaceuticals generally moves in the opposite direction as compared to the market. If Corvus Pharmaceuticals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corvus Pharmaceuticals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corvus Pharmaceuticals is generally in the same direction as the market. If Beta > 1 Corvus Pharmaceuticals moves generally in the same direction as, but more than the movement of the benchmark.

Corvus Pharmaceuticals Thematic Clasifications

Corvus Pharmaceuticals is part of Cancer Fighters investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Public companies from health care and pharmaceutical sectors that are focused on fighting cancer. Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases
Cancer FightersView
This theme covers Public companies from health care and pharmaceutical sectors that are focused on fighting cancer. Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. Get More Thematic Ideas
Today, most investors in Corvus Pharmaceuticals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Corvus Pharmaceuticals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Corvus Pharmaceuticals growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0682

At this time, Corvus Pharmaceuticals' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Corvus Pharmaceuticals November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Corvus Pharmaceuticals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Corvus Pharmaceuticals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corvus Pharmaceuticals based on widely used predictive technical indicators. In general, we focus on analyzing Corvus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corvus Pharmaceuticals's daily price indicators and compare them against related drivers.

Additional Tools for Corvus Stock Analysis

When running Corvus Pharmaceuticals' price analysis, check to measure Corvus Pharmaceuticals' 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 Corvus Pharmaceuticals is operating at the current time. Most of Corvus Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Corvus Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corvus Pharmaceuticals' price. Additionally, you may evaluate how the addition of Corvus Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.