Vivani Medical Price To Book vs. Cash And Equivalents
| VANI Stock | USD 1.37 0.03 2.24% |
For Vivani Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vivani Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vivani Medical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vivani Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vivani Medical over time as well as its relative position and ranking within its peers.
Vivani |
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 Vivani Medical. If investors know Vivani 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 Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical'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 Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical'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 Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical'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.
Vivani Medical Cash And Equivalents vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vivani Medical's current stock value. Our valuation model uses many indicators to compare Vivani Medical value to that of its competitors to determine the firm's financial worth. Vivani Medical is rated second in price to book category among its peers. It is rated below average in cash and equivalents category among its peers creating about 796,804 of Cash And Equivalents per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vivani Medical's earnings, one of the primary drivers of an investment's value.Vivani Cash And Equivalents vs. Price To Book
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.
Vivani Medical |
| = | 4.33 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.
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.
Vivani Medical |
| = | 3.45 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).
Vivani Cash And Equivalents Comparison
Vivani Medical is currently under evaluation in cash and equivalents category among its peers.
Vivani Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Vivani Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vivani Medical will eventually generate negative long term returns. The profitability progress is the general direction of Vivani Medical's change in net profit over the period of time. It can combine multiple indicators of Vivani Medical, 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.
Vivani Medical, Inc., a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles and implantable visual prostheses devices to deliver useful artificial vision to blind individuals. Vivani Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange.
Vivani Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vivani Medical. 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 Vivani Medical 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 Vivani Medical's important profitability drivers and their relationship over time.
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Check out World Market Map. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
To fully project Vivani Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Vivani Medical 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 Vivani Medical's income statement, its balance sheet, and the statement of cash flows.