Viridian Historical Balance Sheet
VRDN Stock | USD 21.03 0.83 4.11% |
Trend analysis of Viridian Therapeutics balance sheet accounts such as Total Assets of 514.9 M, Short Long Term Debt Total of 22.1 M, Other Current Liabilities of 24.4 M or Total Current Liabilities of 28 M provides information on Viridian Therapeutics' total assets, liabilities, and equity, which is the actual value of Viridian Therapeutics to its prevalent stockholders. By breaking down trends over time using Viridian Therapeutics 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 Viridian Therapeutics 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 Viridian Therapeutics is a good buy for the upcoming year.
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About Viridian Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Viridian Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Viridian Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Viridian Therapeutics 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 Viridian currently owns. An asset can also be divided into two categories, current and non-current.
Viridian Therapeutics Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Viridian Therapeutics 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 Viridian Therapeutics 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 Viridian Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Viridian Therapeutics 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.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most accounts from Viridian Therapeutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Viridian Therapeutics 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 Viridian Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Viridian Stock, please use our How to Invest in Viridian Therapeutics guide.At this time, Viridian Therapeutics' Cash is very stable compared to the past year. As of the 25th of November 2024, Non Currrent Assets Other is likely to grow to about 1 M, while Current Deferred Revenue is likely to drop about 246.2 K.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 520K | 5.3M | 21.0M | 22.1M | Total Assets | 203.7M | 435.1M | 490.4M | 514.9M |
Viridian Therapeutics balance sheet Correlations
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Viridian Therapeutics Account Relationship Matchups
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High Negative Relationship
Viridian Therapeutics balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.3M | 131.3M | 203.7M | 435.1M | 490.4M | 514.9M | |
Short Long Term Debt Total | 8.3M | 455K | 520K | 5.3M | 21.0M | 22.1M | |
Other Current Liab | 100K | 9.2M | 10.5M | 18.2M | 23.3M | 24.4M | |
Total Current Liabilities | 10.2M | 10.7M | 13.6M | 33.3M | 26.6M | 28.0M | |
Total Stockholder Equity | 15.8M | 120.0M | 187.7M | 395.1M | 442.0M | 464.1M | |
Property Plant And Equipment Net | 523K | 787K | 2.1M | 2.9M | 3.3M | 3.5M | |
Current Deferred Revenue | 5.0M | 301K | 289K | 288K | 259.2K | 246.2K | |
Net Debt | (16.5M) | (45.4M) | (41.8M) | (150.3M) | (81.8M) | (77.7M) | |
Retained Earnings | (168.2M) | (278.9M) | (358.3M) | (488.2M) | (725.9M) | (689.6M) | |
Accounts Payable | 1.1M | 670K | 2.3M | 14.2M | 2.2M | 2.1M | |
Cash | 24.8M | 45.9M | 42.3M | 155.6M | 102.8M | 108.0M | |
Non Current Assets Total | 523K | 1.6M | 3.5M | 10.5M | 3.9M | 2.6M | |
Non Currrent Assets Other | (523K) | 857K | 1.5M | 7.6M | 604K | 1.0M | |
Cash And Short Term Investments | 26.8M | 127.6M | 197.0M | 424.6M | 477.4M | 501.2M | |
Net Receivables | 24K | 108K | 451K | 102K | 91.8K | 87.2K | |
Common Stock Shares Outstanding | 2.1M | 3.6M | 11.9M | 32.1M | 44.8M | 47.0M | |
Liabilities And Stockholders Equity | 30.3M | 131.3M | 203.7M | 435.1M | 490.4M | 514.9M | |
Non Current Liabilities Total | 4.3M | 544K | 2.4M | 6.7M | 21.8M | 22.9M | |
Other Current Assets | 2.8M | 2.0M | 2.6M | 6.5M | 9.0M | 9.5M | |
Other Stockholder Equity | 183.6M | 218.1M | 412.1M | 741.1M | 960.5M | 1.0B | |
Total Liab | 14.5M | 11.2M | 16.0M | 40.0M | 48.4M | 50.8M | |
Property Plant And Equipment Gross | 523K | 787K | 3.8M | 4.9M | 4.4M | 4.6M | |
Total Current Assets | 29.7M | 129.6M | 200.2M | 424.6M | 486.5M | 510.8M | |
Accumulated Other Comprehensive Income | (3.3M) | (8K) | (157K) | (390K) | 338K | 354.9K | |
Short Term Debt | 4.0M | 455K | 520K | 613K | 843K | 800.9K | |
Common Stock Total Equity | 349K | 42K | 239K | 414K | 476.1K | 499.9K | |
Common Stock | 349K | 42K | 239K | 414K | 540K | 567K | |
Net Tangible Assets | 15.8M | (60.8M) | 53.9M | 252.9M | 290.9M | 305.4M | |
Property Plant Equipment | 523K | 787K | 375K | 1.3M | 1.5M | 774.1K | |
Net Invested Capital | 24.1M | (60.8M) | 53.9M | 257.6M | 255.7M | 268.5M | |
Net Working Capital | 19.6M | 118.9M | 186.5M | 397.8M | 459.8M | 482.8M | |
Short Term Investments | 2.0M | 81.7M | 154.7M | 269.0M | 374.5M | 393.3M | |
Capital Stock | 349K | 180.8M | 134.1M | 142.6M | 207.1M | 122.0M |
Pair Trading with Viridian Therapeutics
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 Viridian Therapeutics 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 Viridian Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Viridian Stock
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The ability to find closely correlated positions to Viridian Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viridian Therapeutics 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 Viridian Therapeutics - 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 Viridian Therapeutics to buy it.
The correlation of Viridian Therapeutics 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 Viridian Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viridian Therapeutics 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 Viridian Therapeutics 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viridian Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Viridian Stock, please use our How to Invest in Viridian Therapeutics guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Viridian Therapeutics. If investors know Viridian 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 Viridian Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.32) | Revenue Per Share 0.005 | Quarterly Revenue Growth 0.194 | Return On Assets (0.32) | Return On Equity (0.52) |
The market value of Viridian Therapeutics is measured differently than its book value, which is the value of Viridian that is recorded on the company's balance sheet. Investors also form their own opinion of Viridian Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Viridian Therapeutics' 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 Viridian Therapeutics' market value can be influenced by many factors that don't directly affect Viridian Therapeutics' 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 Viridian Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Viridian Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viridian Therapeutics' 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.