Mirum Common Stock Total Equity vs Capital Stock Analysis

MIRM Stock  USD 43.48  0.21  0.48%   
Mirum Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Mirum Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mirum Pharmaceuticals is a good investment. Please check the relationship between Mirum Pharmaceuticals Common Stock Total Equity and its Capital Stock accounts. 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.

Common Stock Total Equity vs Capital Stock

Common Stock Total Equity vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mirum Pharmaceuticals Common Stock Total Equity account and Capital Stock. At this time, the significance of the direction appears to have totally related.
The correlation between Mirum Pharmaceuticals' Common Stock Total Equity and Capital Stock is 1.0. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Mirum Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Mirum Pharmaceuticals' Common Stock Total Equity and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Mirum Pharmaceuticals are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Common Stock Total Equity i.e., Mirum Pharmaceuticals' Common Stock Total Equity and Capital Stock go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Mirum Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 951.3 K, while Enterprise Value Over EBITDA is likely to drop (9.45).

Mirum Pharmaceuticals fundamental ratios Correlations

0.980.980.420.940.680.57-0.990.80.840.87-0.80.910.940.860.840.960.960.980.89-0.80.86-0.80.88-0.95-0.59
0.981.00.350.970.60.65-0.990.830.760.85-0.760.940.950.850.820.960.970.940.85-0.760.79-0.760.86-0.96-0.64
0.981.00.330.980.630.63-1.00.860.740.86-0.790.940.930.880.840.960.960.930.86-0.790.79-0.790.83-0.98-0.6
0.420.350.330.29-0.020.54-0.310.070.590.01-0.030.290.570.030.110.330.510.510.25-0.030.27-0.030.69-0.270.02
0.940.970.980.290.620.65-0.980.910.610.85-0.780.940.90.890.890.970.930.850.83-0.780.76-0.780.73-1.0-0.47
0.680.60.63-0.020.62-0.18-0.660.750.580.87-0.960.560.390.810.850.610.450.660.78-0.960.8-0.960.37-0.65-0.18
0.570.650.630.540.65-0.18-0.60.380.340.22-0.050.640.810.30.270.630.770.510.31-0.050.22-0.050.67-0.62-0.43
-0.99-0.99-1.0-0.31-0.98-0.66-0.6-0.86-0.75-0.90.8-0.96-0.92-0.9-0.87-0.98-0.95-0.93-0.90.8-0.840.8-0.820.980.6
0.80.830.860.070.910.750.38-0.860.410.86-0.890.860.660.930.940.80.720.680.79-0.890.71-0.890.47-0.92-0.24
0.840.760.740.590.610.580.34-0.750.410.65-0.590.640.780.560.540.720.780.940.76-0.590.79-0.590.93-0.62-0.6
0.870.850.860.010.850.870.22-0.90.860.65-0.920.870.680.980.940.860.730.810.95-0.920.93-0.920.59-0.88-0.51
-0.8-0.76-0.79-0.03-0.78-0.96-0.050.8-0.89-0.59-0.92-0.72-0.54-0.91-0.92-0.73-0.61-0.75-0.841.0-0.821.0-0.480.80.28
0.910.940.940.290.940.560.64-0.960.860.640.87-0.720.880.910.850.920.910.840.9-0.720.83-0.720.75-0.96-0.55
0.940.950.930.570.90.390.81-0.920.660.780.68-0.540.880.690.670.931.00.910.75-0.540.7-0.540.94-0.89-0.61
0.860.850.880.030.890.810.3-0.90.930.560.98-0.910.910.690.960.850.740.770.94-0.910.89-0.910.56-0.92-0.43
0.840.820.840.110.890.850.27-0.870.940.540.94-0.920.850.670.960.860.720.760.91-0.920.88-0.920.53-0.91-0.25
0.960.960.960.330.970.610.63-0.980.80.720.86-0.730.920.930.850.860.950.90.87-0.730.83-0.730.81-0.97-0.57
0.960.970.960.510.930.450.77-0.950.720.780.73-0.610.911.00.740.720.950.930.79-0.610.74-0.610.92-0.92-0.62
0.980.940.930.510.850.660.51-0.930.680.940.81-0.750.840.910.770.760.90.930.87-0.750.86-0.750.94-0.86-0.61
0.890.850.860.250.830.780.31-0.90.790.760.95-0.840.90.750.940.910.870.790.87-0.840.99-0.840.72-0.87-0.48
-0.8-0.76-0.79-0.03-0.78-0.96-0.050.8-0.89-0.59-0.921.0-0.72-0.54-0.91-0.92-0.73-0.61-0.75-0.84-0.821.0-0.480.80.28
0.860.790.790.270.760.80.22-0.840.710.790.93-0.820.830.70.890.880.830.740.860.99-0.82-0.820.7-0.81-0.45
-0.8-0.76-0.79-0.03-0.78-0.96-0.050.8-0.89-0.59-0.921.0-0.72-0.54-0.91-0.92-0.73-0.61-0.75-0.841.0-0.82-0.480.80.28
0.880.860.830.690.730.370.67-0.820.470.930.59-0.480.750.940.560.530.810.920.940.72-0.480.7-0.48-0.73-0.65
-0.95-0.96-0.98-0.27-1.0-0.65-0.620.98-0.92-0.62-0.880.8-0.96-0.89-0.92-0.91-0.97-0.92-0.86-0.870.8-0.810.8-0.730.48
-0.59-0.64-0.60.02-0.47-0.18-0.430.6-0.24-0.6-0.510.28-0.55-0.61-0.43-0.25-0.57-0.62-0.61-0.480.28-0.450.28-0.650.48
Click cells to compare fundamentals

Mirum Pharmaceuticals Account Relationship Matchups

Mirum Pharmaceuticals fundamental ratios 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.