MediciNova Net Invested Capital from 2010 to 2024

MNOV Stock  USD 1.31  0.07  5.07%   
MediciNova Net Invested Capital yearly trend continues to be fairly stable with very little volatility. Net Invested Capital is likely to outpace its year average in 2024. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
62.4 M
Current Value
74.5 M
Quarterly Volatility
18.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MediciNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MediciNova main balance sheet or income statement drivers, such as Other Operating Expenses of 14.5 M, Research Development of 7.9 M or Total Operating Expenses of 14.4 M, as well as many exotic indicators such as Price To Sales Ratio of 107, Dividend Yield of 0.0 or PTB Ratio of 1.63. MediciNova financial statements analysis is a perfect complement when working with MediciNova Valuation or Volatility modules.
  
This module can also supplement MediciNova's financial leverage analysis and stock options assessment as well as various MediciNova Technical models . Check out the analysis of MediciNova Correlation against competitors.
For more information on how to buy MediciNova Stock please use our How to Invest in MediciNova guide.

Latest MediciNova's Net Invested Capital Growth Pattern

Below is the plot of the Net Invested Capital of MediciNova over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. MediciNova's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MediciNova's overall financial position and show how it may be relating to other accounts over time.
Net Invested Capital10 Years Trend
Slightly volatile
   Net Invested Capital   
       Timeline  

MediciNova Net Invested Capital Regression Statistics

Arithmetic Mean54,619,419
Geometric Mean51,877,697
Coefficient Of Variation33.26
Mean Deviation17,042,431
Median38,642,140
Standard Deviation18,164,280
Sample Variance329.9T
Range45M
R-Value0.82
Mean Square Error114.2T
R-Squared0.68
Significance0.0002
Slope3,345,646
Total Sum of Squares4619.2T

MediciNova Net Invested Capital History

202474.5 M
202362.4 M
202270.2 M
202183.7 M
202071.3 M
201974.9 M
201873.1 M

About MediciNova Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MediciNova income statement, its balance sheet, and the statement of cash flows. MediciNova investors use historical funamental indicators, such as MediciNova's Net Invested Capital, to determine how well the company is positioned to perform in the future. Although MediciNova investors may use each financial statement separately, they are all related. The changes in MediciNova's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MediciNova's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MediciNova Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MediciNova. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Invested Capital62.4 M74.5 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MediciNova in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MediciNova's short interest history, or implied volatility extrapolated from MediciNova options trading.

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When determining whether MediciNova is a strong investment it is important to analyze MediciNova's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MediciNova's future performance. For an informed investment choice regarding MediciNova Stock, refer to the following important reports:
Check out the analysis of MediciNova Correlation against competitors.
For more information on how to buy MediciNova Stock please use our How to Invest in MediciNova guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is MediciNova's industry 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 MediciNova. If investors know MediciNova 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 MediciNova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.17)
Revenue Per Share
0.02
Return On Assets
(0.09)
Return On Equity
(0.13)
The market value of MediciNova is measured differently than its book value, which is the value of MediciNova that is recorded on the company's balance sheet. Investors also form their own opinion of MediciNova's value that differs from its market value or its book value, called intrinsic value, which is MediciNova'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 MediciNova's market value can be influenced by many factors that don't directly affect MediciNova'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 MediciNova's value and its price as these two are different measures arrived at by different means. Investors typically determine if MediciNova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MediciNova'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.