Mereo Historical Balance Sheet

MREO Stock  USD 4.53  0.09  1.95%   
Trend analysis of Mereo BioPharma Group balance sheet accounts such as Other Current Liab of 28.5 K provides information on Mereo BioPharma's total assets, liabilities, and equity, which is the actual value of Mereo BioPharma Group to its prevalent stockholders. By breaking down trends over time using Mereo BioPharma balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Mereo BioPharma Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mereo BioPharma Group is a good buy for the upcoming year.

Mereo BioPharma Inventory

1.31 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mereo BioPharma Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Mereo Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mereo BioPharma Group at a specified time, usually calculated after every quarter, six months, or one year. Mereo BioPharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mereo BioPharma and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mereo currently owns. An asset can also be divided into two categories, current and non-current.

Mereo BioPharma Balance Sheet Chart

At this time, Mereo BioPharma's Common Stock Total Equity is very stable compared to the past year. As of the 21st of October 2024, Common Stock Shares Outstanding is likely to grow to about 692.4 M, while Short and Long Term Debt Total is likely to drop about 5.7 M.

Total Assets

Total assets refers to the total amount of Mereo BioPharma assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mereo BioPharma Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mereo BioPharma balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mereo BioPharma Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Mereo BioPharma's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mereo BioPharma Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Mereo BioPharma Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Mereo BioPharma's Common Stock Total Equity is very stable compared to the past year. As of the 21st of October 2024, Common Stock Shares Outstanding is likely to grow to about 692.4 M, while Short and Long Term Debt Total is likely to drop about 5.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total16.8M12.8M6.0M5.7M
Total Assets126.4M88.1M66.5M70.1M

Mereo BioPharma balance sheet Correlations

-0.31-0.29-0.380.85-0.370.24-0.17-0.70.56-0.330.810.190.85-0.47-0.49-0.38-0.63-0.14-0.46-0.45-0.150.830.25-0.44-0.19
-0.310.380.79-0.650.33-0.230.680.86-0.290.75-0.730.66-0.690.80.210.560.680.03-0.060.80.68-0.670.560.040.68
-0.290.380.44-0.410.27-0.05-0.120.41-0.260.11-0.380.2-0.330.170.260.280.450.08-0.10.43-0.07-0.380.260.1-0.13
-0.380.790.44-0.550.010.050.770.71-0.540.67-0.630.36-0.640.630.450.160.690.020.30.530.81-0.580.210.390.77
0.85-0.65-0.41-0.55-0.690.37-0.36-0.850.64-0.430.87-0.120.89-0.58-0.59-0.75-0.77-0.08-0.33-0.85-0.350.87-0.05-0.41-0.37
-0.370.330.270.01-0.69-0.580.020.42-0.320.04-0.420.2-0.40.120.370.950.320.0-0.060.820.0-0.460.210.090.02
0.24-0.23-0.050.050.37-0.58-0.11-0.4-0.27-0.420.43-0.50.38-0.10.3-0.510.240.290.47-0.43-0.020.5-0.520.47-0.1
-0.170.68-0.120.77-0.360.02-0.110.59-0.280.76-0.510.51-0.520.670.210.150.410.110.150.430.99-0.460.320.161.0
-0.70.860.410.71-0.850.42-0.40.59-0.310.8-0.980.52-0.950.860.220.560.70.20.00.770.55-0.950.430.060.58
0.56-0.29-0.26-0.540.64-0.32-0.27-0.28-0.310.10.310.430.38-0.14-0.99-0.35-0.770.1-0.86-0.48-0.360.280.55-0.95-0.31
-0.330.750.110.67-0.430.04-0.420.760.80.1-0.760.75-0.720.78-0.20.180.290.2-0.280.430.7-0.740.64-0.280.75
0.81-0.73-0.38-0.630.87-0.420.43-0.51-0.980.31-0.76-0.40.99-0.82-0.22-0.52-0.66-0.25-0.05-0.69-0.460.99-0.32-0.08-0.51
0.190.660.20.36-0.120.2-0.50.510.520.430.75-0.4-0.310.53-0.460.310.010.17-0.730.440.46-0.40.98-0.650.49
0.85-0.69-0.33-0.640.89-0.40.38-0.52-0.950.38-0.720.99-0.31-0.8-0.3-0.49-0.66-0.24-0.16-0.66-0.480.98-0.21-0.18-0.52
-0.470.80.170.63-0.580.12-0.10.670.86-0.140.78-0.820.53-0.80.060.320.640.4-0.020.530.63-0.750.42-0.020.67
-0.490.210.260.45-0.590.370.30.210.22-0.99-0.2-0.22-0.46-0.30.060.370.72-0.070.840.470.29-0.2-0.570.950.23
-0.380.560.280.16-0.750.95-0.510.150.56-0.350.18-0.520.31-0.490.320.370.48-0.01-0.050.920.13-0.530.310.090.14
-0.630.680.450.69-0.770.320.240.410.7-0.770.29-0.660.01-0.660.640.720.480.270.50.680.46-0.59-0.090.620.42
-0.140.030.080.02-0.080.00.290.110.20.10.2-0.250.17-0.240.4-0.07-0.010.27-0.180.010.1-0.230.16-0.120.11
-0.46-0.06-0.10.3-0.33-0.060.470.150.0-0.86-0.28-0.05-0.73-0.16-0.020.84-0.050.5-0.180.030.21-0.02-0.850.960.18
-0.450.80.430.53-0.850.82-0.430.430.77-0.480.43-0.690.44-0.660.530.470.920.680.010.030.43-0.680.380.20.43
-0.150.68-0.070.81-0.350.0-0.020.990.55-0.360.7-0.460.46-0.480.630.290.130.460.10.210.43-0.410.260.240.99
0.83-0.67-0.38-0.580.87-0.460.5-0.46-0.950.28-0.740.99-0.40.98-0.75-0.2-0.53-0.59-0.23-0.02-0.68-0.41-0.32-0.05-0.46
0.250.560.260.21-0.050.21-0.520.320.430.550.64-0.320.98-0.210.42-0.570.31-0.090.16-0.850.380.26-0.32-0.760.29
-0.440.040.10.39-0.410.090.470.160.06-0.95-0.28-0.08-0.65-0.18-0.020.950.090.62-0.120.960.20.24-0.05-0.760.18
-0.190.68-0.130.77-0.370.02-0.11.00.58-0.310.75-0.510.49-0.520.670.230.140.420.110.180.430.99-0.460.290.18
Click cells to compare fundamentals

Mereo BioPharma Account Relationship Matchups

Mereo BioPharma balance sheet Accounts

201920202021202220232024 (projected)
Total Assets86.4M62.9M126.4M88.1M66.5M70.1M
Short Long Term Debt Total32.4M17.9M16.8M12.8M6.0M5.7M
Other Current Liab354K4.6M1.3M10.0M30K28.5K
Total Current Liabilities29.9M8.6M12.5M24.7M9.5M14.3M
Total Stockholder Equity40.3M(15.0M)88.0M61.9M50.5M44.6M
Other Liab1.6M52.1M9.7M311K357.7K339.8K
Net Tangible Assets(4.2M)(46.6M)63.4M37.8M43.4M45.6M
Property Plant And Equipment Net11.6M1.6M2.5M1.8M1.7M2.4M
Net Debt16.1M(5.5M)(77.5M)(43.6M)(51.5M)(54.0M)
Retained Earnings(146.1M)(309.7M)(297.0M)(331.2M)(419.6M)(398.6M)
Accounts Payable6.4M3.3M2.3M3.1M2.3M2.8M
Cash16.3M23.5M94.3M56.3M57.4M55.8M
Non Current Assets Total56.0M33.2M27.1M25.9M2.7M2.6M
Non Currrent Assets Other(56.0M)(33.2M)(27.1M)(25.9M)(23.4M)(24.5M)
Long Term Debt5.4M16.1M14.4M4.4M5.1M4.8M
Cash And Short Term Investments16.3M23.5M94.3M56.3M57.4M41.0M
Net Receivables12.0M4.6M1.8M2.7M3.7M4.2M
Common Stock Total Equity213.3K213.7K294K1.0M1.2M1.2M
Common Stock Shares Outstanding89.4M339.0M555.3M603.2M659.5M692.4M
Short Term Investments544K547K569K51.1M58.8M61.7M
Liabilities And Stockholders Equity86.4M62.9M126.4M88.1M66.5M70.1M
Non Current Liabilities Total16.3M69.4M25.9M1.5M6.5M6.2M
Capital Lease Obligations11.9M1.8M2.4M1.7M1.6M2.4M
Inventory(12.0M)(4.6M)(1.8M)(2.7M)1.2M1.3M
Other Current Assets14.1M6.3M5.0M5.8M1.4M1.3M
Other Stockholder Equity138.7M160.5M246.3M253.2M484.9M509.1M
Total Liab46.2M77.9M38.4M26.2M16.0M15.2M
Property Plant And Equipment Gross13.3M1.6M4.1M3.4M2.5M3.1M
Short Long Term Debt1.9M6.8M15.1M11.1M12.7M6.4M
Total Current Assets30.4M29.7M99.3M62.1M63.8M64.2M
Accumulated Other Comprehensive Income47.3M133.2M136.9M137.9M(17.5M)(16.6M)
Non Current Liabilities Other44K62K80K182K764K802.2K
Short Term Debt17.7M636K622K11.6M652K619.4K
Intangible Assets44.5M31.6M24.6M24.1M1.1M1.0M
Common Stock294K1.0M1.8M1.9M2.8M2.9M
Property Plant Equipment11.6M1.6M2.5M1.8M2.1M2.5M
Current Deferred Revenue(177.7K)5.4M8.4M6.5M7.4M4.4M
Net Invested Capital60.8M1.2M102.4M73.0M54.9M49.1M

Pair Trading with Mereo BioPharma

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 Mereo BioPharma 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 Mereo BioPharma will appreciate offsetting losses from the drop in the long position's value.

Moving against Mereo Stock

  0.6DNA Ginkgo Bioworks HoldingsPairCorr
  0.47MNMD Mind MedicinePairCorr
  0.46INAB In8bio IncPairCorr
  0.46LPCN LipocinePairCorr
  0.37INKT Mink TherapeuticsPairCorr
The ability to find closely correlated positions to Mereo BioPharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mereo BioPharma 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 Mereo BioPharma - 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 Mereo BioPharma Group to buy it.
The correlation of Mereo BioPharma 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 Mereo BioPharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mereo BioPharma Group 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 Mereo BioPharma 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 Mereo BioPharma Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mereo BioPharma's 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 Mereo Biopharma Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mereo Biopharma Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mereo BioPharma Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 Mereo BioPharma. If investors know Mereo 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 Mereo BioPharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.25)
Revenue Per Share
0.007
Return On Assets
(0.24)
Return On Equity
(0.48)
The market value of Mereo BioPharma Group is measured differently than its book value, which is the value of Mereo that is recorded on the company's balance sheet. Investors also form their own opinion of Mereo BioPharma's value that differs from its market value or its book value, called intrinsic value, which is Mereo BioPharma'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 Mereo BioPharma's market value can be influenced by many factors that don't directly affect Mereo BioPharma'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 Mereo BioPharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mereo BioPharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mereo BioPharma'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.