Ovid Interest Expense from 2010 to 2024

OVID Stock  USD 1.14  0.03  2.70%   
Ovid Therapeutics' Interest Expense is increasing over the years with slightly volatile fluctuation. Overall, Interest Expense is expected to go to about 3.3 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2015-12-31
Previous Quarter
1.5 B
Current Value
1.5 B
Quarterly Volatility
462 M
 
Yuan Drop
 
Covid
Check Ovid Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovid Therapeutics' main balance sheet or income statement drivers, such as Interest Expense of 3.3 M, Selling General Administrative of 22.5 M or Total Revenue of 372.1 K, as well as many indicators such as Price To Sales Ratio of 609, Dividend Yield of 0.0 or PTB Ratio of 3.82. Ovid financial statements analysis is a perfect complement when working with Ovid Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Ovid Therapeutics Correlation against competitors.
For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.

Latest Ovid Therapeutics' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Ovid Therapeutics over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Ovid Therapeutics' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovid Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Ovid Interest Expense Regression Statistics

Arithmetic Mean621,065
Geometric Mean0.00
Coefficient Of Variation206.51
Mean Deviation987,464
Median0.00
Standard Deviation1,282,590
Sample Variance1.6T
Range3.3M
R-Value0.70
Mean Square Error898.5B
R-Squared0.49
Significance0
Slope201,340
Total Sum of Squares23T

Ovid Interest Expense History

20243.3 M
20233.2 M
20222.8 M
202146.8 K

About Ovid Therapeutics Financial Statements

Ovid Therapeutics stakeholders use historical fundamental indicators, such as Ovid Therapeutics' Interest Expense, to determine how well the company is positioned to perform in the future. Although Ovid Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ovid Therapeutics' assets and liabilities are reflected in the revenues and expenses on Ovid Therapeutics' 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 Ovid Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense3.2 M3.3 M

Also Currently Popular

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 Ovid Therapeutics is a strong investment it is important to analyze Ovid Therapeutics' 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 Ovid Therapeutics' future performance. For an informed investment choice regarding Ovid Stock, refer to the following important reports:
Check out the analysis of Ovid Therapeutics Correlation against competitors.
For information on how to trade Ovid Stock refer to our How to Trade Ovid 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 Ovid Therapeutics. If investors know Ovid 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 Ovid 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
(0.46)
Revenue Per Share
0.009
Quarterly Revenue Growth
0.587
Return On Assets
(0.36)
Return On Equity
(0.37)
The market value of Ovid Therapeutics is measured differently than its book value, which is the value of Ovid that is recorded on the company's balance sheet. Investors also form their own opinion of Ovid Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Ovid 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 Ovid Therapeutics' market value can be influenced by many factors that don't directly affect Ovid 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 Ovid Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ovid Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ovid 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.