Moderna Short Term Coverage Ratios from 2010 to 2024

MRNA Stock  USD 43.06  0.33  0.76%   
Moderna's Short Term Coverage Ratios is increasing over the years with slightly volatile fluctuation. Short Term Coverage Ratios is expected to dwindle to 47.73. From 2010 to 2024 Moderna Short Term Coverage Ratios quarterly data regression line had arithmetic mean of  28.76 and r-squared of  0.37. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
93.39
Current Value
47.73
Quarterly Volatility
29.59032579
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Moderna financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Moderna's main balance sheet or income statement drivers, such as Interest Expense of 39.9 M, Selling General Administrative of 1.4 B or Total Revenue of 4.9 B, as well as many indicators such as Price To Sales Ratio of 5.27, Dividend Yield of 1.0E-4 or PTB Ratio of 2.61. Moderna financial statements analysis is a perfect complement when working with Moderna Valuation or Volatility modules.
  
Check out the analysis of Moderna Correlation against competitors.
For information on how to trade Moderna Stock refer to our How to Trade Moderna Stock guide.

Latest Moderna's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Moderna over the last few years. It is Moderna's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Moderna's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Moderna Short Term Coverage Ratios Regression Statistics

Arithmetic Mean28.76
Geometric Mean21.43
Coefficient Of Variation102.87
Mean Deviation21.15
Median15.55
Standard Deviation29.59
Sample Variance875.59
Range88.2229
R-Value0.61
Mean Square Error590.00
R-Squared0.37
Significance0.02
Slope4.05
Total Sum of Squares12,258

Moderna Short Term Coverage Ratios History

2024 47.73
2023 93.39
2022 103.77

About Moderna Financial Statements

Moderna stakeholders use historical fundamental indicators, such as Moderna's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Moderna investors may analyze each financial statement separately, they are all interrelated. For example, changes in Moderna's assets and liabilities are reflected in the revenues and expenses on Moderna's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Moderna. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 93.39  47.73 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Moderna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Moderna'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 Moderna Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Moderna Stock:
Check out the analysis of Moderna Correlation against competitors.
For information on how to trade Moderna Stock refer to our How to Trade Moderna Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Moderna. If investors know Moderna 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 Moderna listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(5.81)
Revenue Per Share
13.275
Quarterly Revenue Growth
0.017
Return On Assets
(0.1)
The market value of Moderna is measured differently than its book value, which is the value of Moderna that is recorded on the company's balance sheet. Investors also form their own opinion of Moderna's value that differs from its market value or its book value, called intrinsic value, which is Moderna'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 Moderna's market value can be influenced by many factors that don't directly affect Moderna'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 Moderna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Moderna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Moderna'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.