MediciNova Net Tangible Assets from 2010 to 2024

MNOV Stock  USD 1.90  0.21  12.43%   
MediciNova Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 41.2 M in 2024. Net Tangible Assets is the total assets of MediciNova minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
58.1 M
Current Value
55.6 M
Quarterly Volatility
25.6 M
 
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's main balance sheet or income statement drivers, such as Interest Expense of 679.1 K, Other Operating Expenses of 14.5 M or Research Development of 7.9 M, as well as many 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.
  
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 Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of MediciNova over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. MediciNova's Net Tangible Assets 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 Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

MediciNova Net Tangible Assets Regression Statistics

Arithmetic Mean38,309,162
Geometric Mean29,488,541
Coefficient Of Variation64.85
Mean Deviation22,406,660
Median29,041,900
Standard Deviation24,842,602
Sample Variance617.2T
Range68.8M
R-Value0.84
Mean Square Error195.3T
R-Squared0.71
Significance0.000088
Slope4,668,038
Total Sum of Squares8640.2T

MediciNova Net Tangible Assets History

202441.2 M
202369.7 M
202260.6 M
202174.1 M
202061.7 M
201965.3 M
201863.5 M

About MediciNova Financial Statements

MediciNova investors use historical fundamental indicators, such as MediciNova's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MediciNova. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets69.7 M41.2 M

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Additional Tools for MediciNova Stock Analysis

When running MediciNova's price analysis, check to measure MediciNova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MediciNova is operating at the current time. Most of MediciNova's value examination focuses on studying past and present price action to predict the probability of MediciNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediciNova's price. Additionally, you may evaluate how the addition of MediciNova to your portfolios can decrease your overall portfolio volatility.