Vir Historical Balance Sheet
VIR Stock | USD 7.86 0.24 3.15% |
Trend analysis of Vir Biotechnology balance sheet accounts such as Accumulated Amortization of 0.0, Total Assets of 1.3 B, Other Current Liabilities of 147.1 M or Total Current Liabilities of 194.6 M provides information on Vir Biotechnology's total assets, liabilities, and equity, which is the actual value of Vir Biotechnology to its prevalent stockholders. By breaking down trends over time using Vir Biotechnology 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.
Financial Statement Analysis is much more than just reviewing and examining Vir Biotechnology 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 Vir Biotechnology is a good buy for the upcoming year.
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About Vir Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Vir Biotechnology at a specified time, usually calculated after every quarter, six months, or one year. Vir Biotechnology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vir Biotechnology 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 Vir currently owns. An asset can also be divided into two categories, current and non-current.
Vir Biotechnology Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Vir Biotechnology 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 Vir Biotechnology 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 Vir Biotechnology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vir Biotechnology 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 Vir Biotechnology 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 Vir Biotechnology 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.Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Vir Biotechnology fixed asset that has been charged to Vir Biotechnology expense since that asset was acquired and made available for Vir Biotechnology use. The accumulated depreciation account is Vir Biotechnology asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Vir Biotechnology.Most accounts from Vir Biotechnology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Vir Biotechnology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vir Biotechnology. 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. To learn how to invest in Vir Stock, please use our How to Invest in Vir Biotechnology guide.At this time, Vir Biotechnology's Short Term Investments are relatively stable compared to the past year. As of 11/29/2024, Capital Surpluse is likely to grow to about 1.9 B, while Total Stockholder Equity is likely to drop slightly above 941.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 226.4M | 469.7M | 91.2M | 147.1M | Total Assets | 2.0B | 2.8B | 1.9B | 1.3B |
Vir Biotechnology balance sheet Correlations
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Vir Biotechnology Account Relationship Matchups
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Vir Biotechnology balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 512.1M | 918.8M | 2.0B | 2.8B | 1.9B | 1.3B | |
Other Current Liab | 46.9M | 83.9M | 226.4M | 469.7M | 91.2M | 147.1M | |
Total Current Liabilities | 59.2M | 99.1M | 341.2M | 511.0M | 175.4M | 194.6M | |
Total Stockholder Equity | 423.9M | 716.9M | 1.4B | 2.1B | 1.6B | 941.7M | |
Other Liab | 28.9M | 36.3M | 47.6M | 89.3M | 102.6M | 107.8M | |
Net Tangible Assets | 371.3M | 666.1M | 1.4B | 2.0B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 16.3M | 79.9M | 130.1M | 188.2M | 167.2M | 94.1M | |
Net Debt | (109.1M) | (370.0M) | (214.3M) | (720.7M) | (130.3M) | (136.8M) | |
Retained Earnings | (368.5M) | (667.2M) | (138.6M) | 377.2M | (237.8M) | (249.7M) | |
Accounts Payable | 5.9M | 5.1M | 6.5M | 6.4M | 6.3M | 6.5M | |
Cash | 109.3M | 436.6M | 347.8M | 848.6M | 254.8M | 350.9M | |
Non Current Assets Total | 109.1M | 146.4M | 391.4M | 283.0M | 330.8M | 219.0M | |
Non Currrent Assets Other | 15.8M | 15.7M | (87.1M) | (228.5M) | 18.9M | 19.8M | |
Other Assets | 9.2M | 77.7M | 9.8M | 21.2M | 1.0 | 0.95 | |
Cash And Short Term Investments | 383.4M | 736.9M | 708.1M | 2.4B | 1.5B | 949.0M | |
Common Stock Shares Outstanding | 107.6M | 119.2M | 133.4M | 134.8M | 134.1M | 129.3M | |
Short Term Investments | 274.1M | 300.3M | 360.3M | 1.6B | 1.3B | 1.3B | |
Liabilities And Stockholders Equity | 512.1M | 918.8M | 2.0B | 2.8B | 1.9B | 1.3B | |
Non Current Liabilities Total | 28.9M | 102.8M | 181.2M | 213.1M | 153.4M | 150.7M | |
Capital Surpluse | 14.7M | 793.1M | 1.4B | 1.6B | 1.8B | 1.9B | |
Capital Lease Obligations | 237K | 70.4M | 133.6M | 123.8M | 124.5M | 71.1M | |
Other Current Assets | 13.4M | 53.1M | 81.6M | 117.0M | 106.8M | 60.5M | |
Other Stockholder Equity | 281.0M | 1.4B | 1.6B | 1.7B | 1.8B | 1.1B | |
Total Liab | 88.1M | 201.9M | 522.4M | 724.1M | 328.8M | 401.8M | |
Net Invested Capital | 423.9M | 716.9M | 1.4B | 2.1B | 1.6B | 941.7M | |
Property Plant And Equipment Gross | 16.3M | 17.9M | 130.1M | 188.2M | 201.1M | 211.2M | |
Total Current Assets | 403.0M | 772.4M | 1.6B | 2.5B | 1.6B | 1.1B | |
Accumulated Other Comprehensive Income | (601K) | (1.3M) | (1.1M) | (9.1M) | (815K) | (855.8K) | |
Non Current Liabilities Other | 12.9M | 95.8M | 25.4M | 32.8M | 40.2M | 35.9M | |
Net Working Capital | 343.8M | 673.3M | 1.2B | 2.0B | 1.4B | 929.9M | |
Short Term Debt | 237K | 3.6M | 3.9M | 4.1M | 12.9M | 13.5M | |
Intangible Assets | 35.7M | 33.8M | 33.3M | 32.8M | 22.6M | 26.4M | |
Property Plant Equipment | 16.3M | 17.9M | 130.1M | 188.2M | 216.4M | 227.2M | |
Current Deferred Revenue | 6.2M | 6.5M | 98.2M | 15.5M | 64.9M | 36.7M |
Pair Trading with Vir Biotechnology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vir Biotechnology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vir Biotechnology will appreciate offsetting losses from the drop in the long position's value.Moving against Vir Stock
The ability to find closely correlated positions to Vir Biotechnology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vir Biotechnology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vir Biotechnology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vir Biotechnology to buy it.
The correlation of Vir Biotechnology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vir Biotechnology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vir Biotechnology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vir Biotechnology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Vir Stock Analysis
When running Vir Biotechnology's price analysis, check to measure Vir Biotechnology's 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 Vir Biotechnology is operating at the current time. Most of Vir Biotechnology's value examination focuses on studying past and present price action to predict the probability of Vir Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vir Biotechnology's price. Additionally, you may evaluate how the addition of Vir Biotechnology to your portfolios can decrease your overall portfolio volatility.