Mirum Historical Balance Sheet

MIRM Stock  USD 43.48  0.21  0.48%   
Trend analysis of Mirum Pharmaceuticals balance sheet accounts such as Total Current Liabilities of 91.4 M provides information on Mirum Pharmaceuticals' total assets, liabilities, and equity, which is the actual value of Mirum Pharmaceuticals to its prevalent stockholders. By breaking down trends over time using Mirum Pharmaceuticals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Mirum Pharmaceuticals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mirum Pharmaceuticals is a good buy for the upcoming year.

Mirum Pharmaceuticals Inventory

23.43 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.

About Mirum Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mirum Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Mirum Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mirum Pharmaceuticals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mirum currently owns. An asset can also be divided into two categories, current and non-current.

Mirum Pharmaceuticals Balance Sheet Chart

At this time, Mirum Pharmaceuticals' Net Debt is very stable compared to the past year. As of the 22nd of November 2024, Cash is likely to grow to about 300.6 M, while Accounts Payable is likely to drop about 5.9 M.

Total Assets

Total assets refers to the total amount of Mirum Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mirum Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mirum Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mirum Pharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Mirum Pharmaceuticals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mirum Pharmaceuticals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Mirum Pharmaceuticals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mirum Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.At this time, Mirum Pharmaceuticals' Net Debt is very stable compared to the past year. As of the 22nd of November 2024, Cash is likely to grow to about 300.6 M, while Accounts Payable is likely to drop about 5.9 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities32.0M54.2M77.4M81.3M
Total Assets294.7M352.9M646.6M679.0M

Mirum Pharmaceuticals balance sheet Correlations

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Click cells to compare fundamentals

Mirum Pharmaceuticals Account Relationship Matchups

Mirum Pharmaceuticals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets146.7M240.9M294.7M352.9M646.6M679.0M
Other Current Liab9.3M14.0M32.0M54.2M77.4M81.3M
Total Current Liabilities13.1M18.5M42.6M64.7M87.1M91.4M
Total Stockholder Equity(69.9M)(173.2M)120.2M(392.8M)248.7M261.1M
Other Liab36K47.7M129.9M144.9M166.6M174.9M
Net Tangible Assets130.3M172.1M101.5M83.1M95.5M103.3M
Net Debt(136.3M)(138.8M)(28.7M)(25.8M)21.8M22.9M
Retained Earnings(69.9M)(173.2M)(257.2M)(392.8M)(556.2M)(528.4M)
Accounts Payable3.4M3.2M9.2M8.7M7.4M5.9M
Cash140.0M142.1M31.3M28.0M286.3M300.6M
Non Current Assets Total27.3M4.5M128.1M162.7M259.1M272.0M
Non Currrent Assets Other324K1.3M101.8M101.4M4.2M4.0M
Other Assets324K3.2M101.8M101.4M1.00.95
Cash And Short Term Investments140.0M231.8M156.5M251.7M286.3M205.0M
Common Stock Shares Outstanding23.0M25.3M30.3M33.8M40.9M32.3M
Liabilities And Stockholders Equity(53.5M)(104.4M)294.7M(182.0M)646.6M679.0M
Non Current Liabilities Total3.3M50.3M131.8M146.1M310.9M326.4M
Capital Surpluse200.1M345.2M377.4M535.1M615.3M320.7M
Capital Lease Obligations3.6M3.3M2.6M2.2M1.7M2.5M
Other Current Assets2.7M9.1M10.5M8.9M10.9M7.7M
Other Stockholder Equity(146.8M)345.2M377.4M535.1M803.3M843.4M
Total Liab16.4M68.8M174.4M210.9M398.0M417.8M
Net Invested Capital130.3M172.1M120.2M142.0M555.1M582.8M
Property Plant And Equipment Gross3.7M3.2M2.6M2.3M2.0M2.5M
Total Current Assets119.4M236.4M166.6M190.2M387.5M211.2M
Accumulated Other Comprehensive Income129K83K(35K)(217K)1.6M1.7M
Non Current Liabilities Other36K50.3M131.8M146.1M3.8M3.7M
Net Working Capital106.3M217.9M124.0M125.5M300.5M169.3M
Short Term Debt397K1.3M1.4M1.9M2.2M1.3M
Property Plant Equipment3.7M1.3M981K914K822.6K1.1M

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When determining whether Mirum Pharmaceuticals is a strong investment it is important to analyze Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' future performance. For an informed investment choice regarding Mirum Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Mirum Pharmaceuticals. If investors know Mirum 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 Mirum Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.08)
Revenue Per Share
6.513
Quarterly Revenue Growth
0.894
Return On Assets
(0.09)
Return On Equity
(0.40)
The market value of Mirum Pharmaceuticals is measured differently than its book value, which is the value of Mirum that is recorded on the company's balance sheet. Investors also form their own opinion of Mirum Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' market value can be influenced by many factors that don't directly affect Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirum Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirum Pharmaceuticals' 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.