Nuvalent Cash And Equivalents vs. Price To Book
| NUVL Stock | USD 96.68 0.08 0.08% |
For Nuvalent profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuvalent to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuvalent utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuvalent's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuvalent over time as well as its relative position and ranking within its peers.
Nuvalent |
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 Nuvalent. If investors know Nuvalent 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 Nuvalent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.49) | Return On Assets (0.19) | Return On Equity (0.30) |
The market value of Nuvalent is measured differently than its book value, which is the value of Nuvalent that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvalent's value that differs from its market value or its book value, called intrinsic value, which is Nuvalent's 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 Nuvalent's market value can be influenced by many factors that don't directly affect Nuvalent's 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 Nuvalent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvalent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvalent's 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.
Nuvalent Price To Book vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nuvalent's current stock value. Our valuation model uses many indicators to compare Nuvalent value to that of its competitors to determine the firm's financial worth. Nuvalent is rated below average in cash and equivalents category among its peers. It is regarded fifth in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for Nuvalent is about 41,937,590 . Price To Book Ratio is expected to rise to 6.42 this year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuvalent by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nuvalent Price To Book vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Nuvalent |
| = | 256.96 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Nuvalent |
| = | 6.13 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Nuvalent Price To Book Comparison
Nuvalent is currently under evaluation in price to book category among its peers.
Nuvalent Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nuvalent, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuvalent will eventually generate negative long term returns. The profitability progress is the general direction of Nuvalent's change in net profit over the period of time. It can combine multiple indicators of Nuvalent, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 31 K | 32.5 K | |
| Operating Income | -149.5 M | -142 M | |
| Net Loss | -114 M | -108.3 M | |
| Income Before Tax | -126.2 M | -119.9 M | |
| Total Other Income Expense Net | 23.3 M | 24.4 M | |
| Net Loss | -73.7 M | -70 M | |
| Net Loss | -126.2 M | -119.9 M | |
| Income Tax Expense | -167.9 K | -176.3 K | |
| Non Operating Income Net Other | 4.9 M | 5.1 M | |
| Net Interest Income | 23.3 M | 15.1 M | |
| Interest Income | 23.3 M | 15.1 M | |
| Change To Netincome | 11.9 M | 12.5 M | |
| Net Loss | (2.17) | (2.28) | |
| Income Quality | 0.79 | 0.95 | |
| Net Income Per E B T | 0.81 | 0.72 |
Nuvalent Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nuvalent. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nuvalent position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nuvalent's important profitability drivers and their relationship over time.
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Check out Correlation Analysis. For more information on how to buy Nuvalent Stock please use our How to buy in Nuvalent Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
To fully project Nuvalent's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nuvalent at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nuvalent's income statement, its balance sheet, and the statement of cash flows.