Mersana Property Plant And Equipment Net vs Current Deferred Revenue Analysis

MRSN Stock  USD 2.21  0.31  12.30%   
Mersana Therapeutics financial indicator trend analysis is infinitely more than just investigating Mersana Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mersana Therapeutics is a good investment. Please check the relationship between Mersana Therapeutics Property Plant And Equipment Net and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mersana Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.

Property Plant And Equipment Net vs Current Deferred Revenue

Property Plant And Equipment Net vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mersana Therapeutics Property Plant And Equipment Net account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mersana Therapeutics' Property Plant And Equipment Net and Current Deferred Revenue is 0.14. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Mersana Therapeutics, assuming nothing else is changed. The correlation between historical values of Mersana Therapeutics' Property Plant And Equipment Net and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Mersana Therapeutics are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Net i.e., Mersana Therapeutics' Property Plant And Equipment Net and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Mersana Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mersana Therapeutics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mersana Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.As of the 16th of November 2024, Selling General Administrative is likely to grow to about 62.5 M, while Issuance Of Capital Stock is likely to drop about 118.6 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization855K927K1.5M1.1M
Interest Income65K2.9M11.0M11.6M

Mersana Therapeutics fundamental ratios Correlations

0.90.790.820.570.850.930.33-0.96-0.790.810.970.90.090.471.00.540.910.780.410.890.580.840.64-0.450.88
0.90.880.650.580.70.910.39-0.85-0.810.910.880.840.130.190.880.690.860.780.440.850.730.840.7-0.490.93
0.790.880.470.630.520.710.77-0.72-0.760.870.740.740.380.040.770.610.720.690.430.740.530.740.74-0.470.75
0.820.650.470.150.980.80.0-0.78-0.520.710.780.870.270.750.830.190.840.56-0.150.770.530.650.09-0.290.67
0.570.580.630.150.250.480.48-0.53-0.860.360.520.4-0.31-0.210.560.430.470.820.720.670.170.770.8-0.280.57
0.850.70.520.980.250.870.04-0.79-0.630.730.810.910.240.70.870.150.920.66-0.060.850.60.740.17-0.340.77
0.930.910.710.80.480.870.14-0.91-0.80.840.940.880.10.470.930.430.940.820.330.910.770.870.54-0.560.97
0.330.390.770.00.480.040.14-0.27-0.390.440.260.310.48-0.220.320.340.220.270.340.270.040.310.58-0.20.2
-0.96-0.85-0.72-0.78-0.53-0.79-0.91-0.270.74-0.78-0.99-0.8-0.13-0.57-0.96-0.52-0.83-0.77-0.42-0.84-0.53-0.82-0.620.61-0.84
-0.79-0.81-0.76-0.52-0.86-0.63-0.8-0.390.74-0.71-0.75-0.710.03-0.09-0.78-0.36-0.81-0.99-0.48-0.94-0.55-0.98-0.680.51-0.86
0.810.910.870.710.360.730.840.44-0.78-0.710.80.830.480.30.790.50.830.690.120.810.740.770.46-0.60.81
0.970.880.740.780.520.810.940.26-0.99-0.750.80.820.120.540.970.530.870.770.440.850.590.830.64-0.610.89
0.90.840.740.870.40.910.880.31-0.8-0.710.830.820.260.440.90.330.890.690.120.870.730.770.4-0.250.83
0.090.130.380.27-0.310.240.10.48-0.130.030.480.120.260.330.1-0.170.19-0.05-0.490.110.220.05-0.2-0.350.03
0.470.190.040.75-0.210.70.47-0.22-0.57-0.090.30.540.440.330.5-0.10.460.18-0.30.350.130.26-0.2-0.290.27
1.00.880.770.830.560.870.930.32-0.96-0.780.790.970.90.10.50.490.920.790.40.890.560.840.62-0.470.87
0.540.690.610.190.430.150.430.34-0.52-0.360.50.530.33-0.17-0.10.490.330.320.590.290.210.340.69-0.170.47
0.910.860.720.840.470.920.940.22-0.83-0.810.830.870.890.190.460.920.330.810.210.920.650.870.46-0.50.92
0.780.780.690.560.820.660.820.27-0.77-0.990.690.770.69-0.050.180.790.320.810.440.950.530.990.62-0.570.85
0.410.440.43-0.150.72-0.060.330.34-0.42-0.480.120.440.12-0.49-0.30.40.590.210.440.270.10.380.93-0.270.45
0.890.850.740.770.670.850.910.27-0.84-0.940.810.850.870.110.350.890.290.920.950.270.660.980.51-0.520.9
0.580.730.530.530.170.60.770.04-0.53-0.550.740.590.730.220.130.560.210.650.530.10.660.590.3-0.370.79
0.840.840.740.650.770.740.870.31-0.82-0.980.770.830.770.050.260.840.340.870.990.380.980.590.6-0.580.89
0.640.70.740.090.80.170.540.58-0.62-0.680.460.640.4-0.2-0.20.620.690.460.620.930.510.30.6-0.40.65
-0.45-0.49-0.47-0.29-0.28-0.34-0.56-0.20.610.51-0.6-0.61-0.25-0.35-0.29-0.47-0.17-0.5-0.57-0.27-0.52-0.37-0.58-0.4-0.53
0.880.930.750.670.570.770.970.2-0.84-0.860.810.890.830.030.270.870.470.920.850.450.90.790.890.65-0.53
Click cells to compare fundamentals

Mersana Therapeutics Account Relationship Matchups

Mersana Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets107.5M273.4M206.1M334.3M226.1M180.4M
Other Current Liab9.1M16.2M29.0M44.2M22.7M17.9M
Total Current Liabilities24.1M30.0M47.5M91.5M63.6M48.5M
Total Stockholder Equity78.3M228.1M121.7M92.1M36.9M65.7M
Other Liab28.8M282K525K117.0M134.6M141.3M
Net Tangible Assets78.3M228.1M155.5M92.1M105.9M73.5M
Property Plant And Equipment Net4.8M12.7M14.9M14.5M11.5M8.2M
Current Deferred Revenue4.8M4.0M3.9M30.6M28.1M20.7M
Net Debt(54.6M)(238.5M)(139.8M)(244.4M)(140.7M)(147.8M)
Retained Earnings(192.4M)(280.4M)(450.5M)(654.7M)(826.4M)(785.0M)
Accounts Payable7.3M8.3M12.3M14.0M7.3M8.2M
Cash62.4M255.1M177.9M280.7M174.6M140.4M
Non Current Assets Total6.2M14.8M17.2M15.1M12.0M11.2M
Non Currrent Assets Other1.1M2.2M1.9M183K478K454.1K
Other Assets1.5M13.1M2.4M661K760.2K722.1K
Cash And Short Term Investments99.8M255.1M177.9M280.7M209.1M161.3M
Common Stock Shares Outstanding43.5M61.5M70.6M93.7M116.1M121.9M
Liabilities And Stockholders Equity107.5M273.4M206.1M334.3M226.1M180.4M
Non Current Liabilities Total5.2M15.3M36.8M150.8M125.5M66.2M
Capital Surpluse173.0M270.7M508.5M572.2M658.0M690.9M
Other Current Assets1.5M3.5M21.9M8.5M5.0M5.8M
Other Stockholder Equity270.7M508.5M572.2M746.9M863.2M906.4M
Total Liab29.2M45.3M84.4M242.3M189.2M114.7M
Property Plant And Equipment Gross4.8M12.7M22.5M22.2M20.6M11.2M
Total Current Assets101.3M258.6M188.9M319.2M214.1M169.2M
Accumulated Other Comprehensive Income(8K)25K0.0(152K)11K11.6K
Property Plant Equipment4.8M1.7M14.9M14.5M16.6M17.5M
Retained Earnings Total Equity(164.2M)(192.4M)(280.4M)(450.5M)(405.4M)(385.2M)
Short Term Investments10.5M37.4M0.0151.8M34.5M50.7M
Net Invested Capital83.2M233.1M146.4M117.0M62.1M113.2M
Net Working Capital77.3M228.6M141.4M227.7M150.4M143.9M

Pair Trading with Mersana Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mersana Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mersana Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mersana Stock

  0.61DMAC DiaMedica TherapeuticsPairCorr

Moving against Mersana Stock

  0.87VALN Valneva SE ADRPairCorr
  0.57VCNX VaccinexPairCorr
  0.53ME 23Andme HoldingPairCorr
  0.53DTIL Precision BioSciencesPairCorr
  0.49DRMA Dermata TherapeuticsPairCorr
The ability to find closely correlated positions to Mersana Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mersana Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mersana Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mersana Therapeutics to buy it.
The correlation of Mersana Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mersana Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mersana Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mersana Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Mersana Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mersana Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mersana Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mersana Therapeutics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mersana Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 Mersana Therapeutics. If investors know Mersana 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 Mersana Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.85)
Revenue Per Share
0.247
Quarterly Revenue Growth
(0.79)
Return On Assets
(0.26)
Return On Equity
(2.13)
The market value of Mersana Therapeutics is measured differently than its book value, which is the value of Mersana that is recorded on the company's balance sheet. Investors also form their own opinion of Mersana Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Mersana Therapeutics' 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 Mersana Therapeutics' market value can be influenced by many factors that don't directly affect Mersana Therapeutics' 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 Mersana Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mersana Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mersana Therapeutics' 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.