Viracta Therapeutics Stock Net Asset

VIRX Stock  USD 0.15  0.01  6.25%   
Viracta Therapeutics fundamentals help investors to digest information that contributes to Viracta Therapeutics' financial success or failures. It also enables traders to predict the movement of Viracta Stock. The fundamental analysis module provides a way to measure Viracta Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Viracta Therapeutics stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Viracta Therapeutics Company Net Asset Analysis

Viracta Therapeutics' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Viracta Therapeutics Net Asset

    
  56.69 M  
Most of Viracta Therapeutics' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Viracta Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Viracta Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Viracta Therapeutics is extremely important. It helps to project a fair market value of Viracta Stock properly, considering its historical fundamentals such as Net Asset. Since Viracta Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Viracta Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Viracta Therapeutics' interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Viracta Total Assets

Total Assets

54.44 Million

At this time, Viracta Therapeutics' Total Assets are fairly stable compared to the past year.
Based on the recorded statements, Viracta Therapeutics has a Net Asset of 56.69 M. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.

Viracta Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Viracta Therapeutics' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Viracta Therapeutics could also be used in its relative valuation, which is a method of valuing Viracta Therapeutics by comparing valuation metrics of similar companies.
Viracta Therapeutics is currently under evaluation in net asset category among its peers.

Viracta Therapeutics Current Valuation Drivers

We derive many important indicators used in calculating different scores of Viracta Therapeutics from analyzing Viracta Therapeutics' financial statements. These drivers represent accounts that assess Viracta Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Viracta Therapeutics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap29.7M647.6K116.3M55.2M22.0M20.9M
Enterprise Value17.7M(40.3M)18.2M43.6M35.3M33.5M

Viracta Therapeutics Institutional Holders

Institutional Holdings refers to the ownership stake in Viracta Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Viracta Therapeutics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Viracta Therapeutics' value.
Shares
Ensign Peak Advisors Inc2024-06-30
61.6 K
United Capital Financial Advisers Inc2024-09-30
43 K
Northern Trust Corp2024-09-30
38.1 K
Virtu Financial Llc2024-06-30
30.8 K
Mccormack Advisors International2024-06-30
27.4 K
Integrys Wealth Advisors Llc2024-09-30
25 K
Xtx Topco Ltd2024-06-30
19.2 K
Wealthtrust Axiom Llc2024-09-30
16.4 K
Beacon Pointe Advisors, Llc2024-06-30
15 K
Citadel Advisors Llc2024-06-30
1.5 M
Vanguard Group Inc2024-09-30
954.5 K

Viracta Fundamentals

About Viracta Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Viracta Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viracta Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viracta Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Viracta Stock Analysis

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