Roivant Ebit vs Total Other Income Expense Net Analysis

ROIV Stock  USD 11.82  0.33  2.87%   
Roivant Sciences financial indicator trend analysis is much more than just breaking down Roivant Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roivant Sciences is a good investment. Please check the relationship between Roivant Sciences Ebit and its Total Other Income Expense Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roivant Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.

Ebit vs Total Other Income Expense Net

Ebit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roivant Sciences Ebit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Roivant Sciences' Ebit and Total Other Income Expense Net is -0.03. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Roivant Sciences, assuming nothing else is changed. The correlation between historical values of Roivant Sciences' Ebit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Roivant Sciences are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Ebit i.e., Roivant Sciences' Ebit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Total Other Income Expense Net

Most indicators from Roivant Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roivant Sciences 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roivant Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Roivant Stock please use our How to Invest in Roivant Sciences guide.At this time, Roivant Sciences' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 12.74 in 2024, whereas Selling General Administrative is likely to drop slightly above 530.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense7.0M28.0M34.8M36.5M
Depreciation And Amortization5.9M18.9M22.0M20.9M

Roivant Sciences fundamental ratios Correlations

0.74-0.120.31.0-0.740.490.590.4-0.990.860.781.00.660.490.321.00.960.720.74-0.640.790.691.00.030.53
0.74-0.110.530.69-0.830.40.780.77-0.720.340.960.720.950.830.340.730.770.911.0-0.730.980.960.710.480.51
-0.12-0.110.78-0.160.3-0.75-0.55-0.330.17-0.16-0.16-0.16-0.190.36-0.53-0.160.02-0.09-0.120.62-0.130.16-0.120.39-0.57
0.30.530.780.24-0.24-0.430.010.24-0.24-0.010.450.260.440.83-0.30.260.450.470.520.10.50.730.280.7-0.23
1.00.69-0.160.24-0.710.510.570.34-1.00.90.741.00.610.420.331.00.950.670.7-0.630.740.631.0-0.040.54
-0.74-0.830.3-0.24-0.71-0.74-0.92-0.840.73-0.39-0.9-0.74-0.92-0.67-0.52-0.74-0.63-0.96-0.820.89-0.9-0.73-0.71-0.07-0.69
0.490.4-0.75-0.430.51-0.740.850.58-0.510.410.480.510.550.10.820.510.30.560.4-0.910.450.180.47-0.390.9
0.590.78-0.550.010.57-0.920.850.89-0.580.260.80.590.90.550.690.60.50.850.78-0.970.80.630.550.10.81
0.40.77-0.330.240.34-0.840.580.89-0.35-0.080.750.390.910.690.390.390.370.810.77-0.770.790.690.350.410.51
-0.99-0.720.17-0.24-1.00.73-0.51-0.58-0.35-0.89-0.77-1.0-0.63-0.43-0.34-1.0-0.94-0.7-0.720.65-0.77-0.65-1.00.04-0.55
0.860.34-0.16-0.010.9-0.390.410.26-0.08-0.890.410.870.220.040.30.870.790.330.34-0.40.390.270.88-0.340.45
0.780.96-0.160.450.74-0.90.480.80.75-0.770.410.770.930.760.310.770.740.950.95-0.760.990.90.750.280.5
1.00.72-0.160.261.0-0.740.510.590.39-1.00.870.770.640.450.331.00.950.70.73-0.650.770.661.00.00.55
0.660.95-0.190.440.61-0.920.550.90.91-0.630.220.930.640.840.450.650.650.960.95-0.820.950.890.620.420.6
0.490.830.360.830.42-0.670.10.550.69-0.430.040.760.450.840.180.460.570.830.83-0.440.80.920.450.670.28
0.320.34-0.53-0.30.33-0.520.820.690.39-0.340.30.310.330.450.180.340.210.440.34-0.80.290.170.29-0.220.96
1.00.73-0.160.261.0-0.740.510.60.39-1.00.870.771.00.650.460.340.950.710.73-0.650.770.661.00.00.55
0.960.770.020.450.95-0.630.30.50.37-0.940.790.740.950.650.570.210.950.660.78-0.520.780.770.960.270.42
0.720.91-0.090.470.67-0.960.560.850.81-0.70.330.950.70.960.830.440.710.660.9-0.80.950.860.680.240.6
0.741.0-0.120.520.7-0.820.40.780.77-0.720.340.950.730.950.830.340.730.780.9-0.730.970.960.710.510.51
-0.64-0.730.620.1-0.630.89-0.91-0.97-0.770.65-0.4-0.76-0.65-0.82-0.44-0.8-0.65-0.52-0.8-0.73-0.75-0.55-0.610.05-0.91
0.790.98-0.130.50.74-0.90.450.80.79-0.770.390.990.770.950.80.290.770.780.950.97-0.750.930.760.370.49
0.690.960.160.730.63-0.730.180.630.69-0.650.270.90.660.890.920.170.660.770.860.96-0.550.930.660.630.33
1.00.71-0.120.281.0-0.710.470.550.35-1.00.880.751.00.620.450.291.00.960.680.71-0.610.760.660.010.51
0.030.480.390.7-0.04-0.07-0.390.10.410.04-0.340.280.00.420.67-0.220.00.270.240.510.050.370.630.01-0.19
0.530.51-0.57-0.230.54-0.690.90.810.51-0.550.450.50.550.60.280.960.550.420.60.51-0.910.490.330.51-0.19
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Roivant Sciences Account Relationship Matchups

Roivant Sciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.7B2.6B2.4B7.2B7.6B
Short Long Term Debt Total180.9M245.0M283.9M481.4M499.7M336.2M
Other Current Liab70.4M180.2M127.5M169.2M177.0M166.2M
Total Current Liabilities92.1M219.0M184.4M272.4M266.8M228.4M
Total Stockholder Equity2.0B1.8B1.7B1.2B6.0B6.3B
Other Liab103.2M76.1M66.8M80.6M72.5M71.0M
Net Tangible Assets2.0B1.8B1.7B1.0B1.2B1.6B
Property Plant And Equipment Net73.9M77.0M86.9M92.3M66.0M74.7M
Current Deferred Revenue3.6M5.9M10.1M12.4M4.2M6.9M
Net Debt(2.0B)(1.8B)(1.8B)(1.2B)(6.0B)(5.7B)
Retained Earnings(1.1B)(1.9B)(2.8B)(3.8B)576.2M605.0M
Accounts Payable10.3M20.6M34.6M37.8M53.2M29.8M
Cash2.2B2.1B2.1B1.7B6.5B6.9B
Non Current Assets Total257.8M402.7M438.6M591.0M490.7M436.9M
Non Currrent Assets Other6.7M36.1M25.8M49.5M39.1M32.7M
Other Assets90.4M100M25.8M49.5M44.5M46.2M
Cash And Short Term Investments2.2B2.1B2.1B1.7B6.5B6.9B
Net Receivables15.3M13.8M6.7M37.6M82.8M87.0M
Liabilities And Stockholders Equity2.5B2.6B2.6B2.4B7.2B7.6B
Non Current Liabilities Total276.2M308.7M339.3M509.6M507.2M399.7M
Other Current Assets18.5M40.4M79.4M81.3M72.7M82.3M
Other Stockholder Equity3.1B3.7B4.4B4.9B5.4B4.5B
Total Liab368.4M527.7M523.7M782.0M774.0M628.1M
Total Current Assets2.2B2.2B2.1B1.8B6.7B7.1B
Accumulated Other Comprehensive Income(2.3M)1.4M(946K)(2.6M)(4.1M)(3.9M)
Short Term Debt7.8M12.3M11.4M52.4M21.9M23.3M
Property Plant Equipment73.9M77.0M25.9M39.1M44.9M50.0M

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