MediciNova Net Working Capital from 2010 to 2024

MNOV Stock  USD 1.31  0.07  5.07%   
MediciNova Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, MediciNova Net Working Capital regression line of quarterly data had mean square error of 117.7 T and geometric mean of  37,612,562. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
47.9 M
Current Value
59.6 M
Quarterly Volatility
17.9 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of MediciNova over the last few years. It is MediciNova's Net Working 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

MediciNova Net Working Capital Regression Statistics

Arithmetic Mean41,149,918
Geometric Mean37,612,562
Coefficient Of Variation43.45
Mean Deviation16,749,402
Median25,447,354
Standard Deviation17,881,583
Sample Variance319.8T
Range43.7M
R-Value0.81
Mean Square Error117.7T
R-Squared0.66
Significance0.0002
Slope3,243,817
Total Sum of Squares4476.5T

MediciNova Net Working Capital History

202459.6 M
202347.9 M
202255.8 M
202169.2 M
202058.5 M
201962.1 M
201860.6 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 Working 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 Working Capital47.9 M59.6 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.