Novan, Inc.

Symbol: NOVN

NASDAQ

0.0941

USD

Market price today

  • 0.2454

    P/E Ratio

  • 0.0000

    PEG Ratio

  • 2.64M

    MRK Cap

  • 0.00%

    DIV Yield

Novan, Inc. (NOVN) Stock Price & Analysis

Shares Outstanding

28.02M

Gross Profit Margin

0.69%

Operating Profit Margin

-1.45%

Net Profit Margin

0.54%

Return on Assets

0.13%

Return on Equity

3.52%

Return on Capital Employed

-0.75%

Company general description and statistics

Sector: Healthcare
Industry: Biotechnology
CEO:Ms. Paula Brown Stafford M.P.H.
Full-time employees:90
City:Durham
Address:4020 Stirrup Creek Drive
IPO:2016-09-21
CIK:0001467154

Novan, Inc., a pre-commercial nitric oxide-based pharmaceutical company, focuses on dermatology and anti-infective therapies. Its clinical stage dermatology drug candidates include SB204, a topical monotherapy for the treatment of acne vulgaris; SB206, a topical anti-viral gel for the treatment of viral skin infections; SB208, a topical broad-spectrum anti-fungal gel for the treatment of fungal infections of the skin and nails, including athlete's foot and fungal nail infections; and SB414, a topical cream-based gel product candidate for the treatment of inflammatory skin diseases. The company also develops SB207, an anti-viral product candidate for the treatment of external genital warts; WH602, a nitric oxide-containing intravaginal gel to treat high-risk human papilloma virus (HPV); WH504, a non-gel formulation product candidate to treat high-risk HPV; and SB019 for the treatment of SARS-CoV-2. Novan, Inc. has a license agreement with Sato Pharmaceutical Co., Ltd.; and a strategic alliance with Orion Corporation. Novan, Inc. was incorporated in 2006 and is headquartered in Durham, North Carolina.

General Outlook

In simple terms, Novan, Inc. has 28.015 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.685% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -1.449%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.540%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.126% return, is a testament to Novan, Inc.'s adeptness in optimizing resource deployment. Novan, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 3.519%. Furthermore, the proficiency of Novan, Inc. in capital utilization is underscored by a remarkable -0.749% return on capital employed.

Stock Prices

Novan, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $1.24, while its low point bottomed out at $1.12. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Novan, Inc.'s stock market.

Liquidity Ratios

Analyzing NOVN liquidity ratios reveals its financial health of the firm. The current ratio of 74.44% gauges short-term asset coverage for liabilities. The quick ratio (60.07%) assesses immediate liquidity, while the cash ratio (28.56%) indicates cash reserves.

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Current Ratio74.44%
Quick Ratio60.07%
Cash Ratio28.56%

Profitability Ratios

NOVN profitability indicators offer a lens into its earnings landscape. A pretax profit margin of -124.54% underscores its earnings before tax deductions. The effective tax rate stands at 143.32%, revealing its tax efficiency. The net income per EBT, -43.32%, and the EBT per EBIT, 85.97%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of -144.87%, we grasp its operational profitability.

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Pretax Profit Margin-124.54%
Effective Tax Rate143.32%
Net Income per EBT-43.32%
EBT per EBIT85.97%
EBIT per Revenue-144.87%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 0.74, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations.

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Days of Sales Outstanding60
Days of Inventory Outstanding70
Operating Cycle341.77
Days of Payables Outstanding894
Cash Conversion Cycle-553
Receivables Turnover1.34
Payables Turnover0.41
Inventory Turnover5.24
Fixed Asset Turnover1.21
Asset Turnover0.23

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, -0.95, and free cash flow per share, -1.01, depict cash generation on a per-share basis. The cash per share value, 0.48, showcases liquidity position. Lastly, the operating cash flow sales ratio, -1.34, offers insight into cash flow relative to sales.

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Operating Cash Flow per Share-0.95
Free Cash Flow per Share-1.01
Cash per Share0.48
Operating Cash Flow Sales Ratio-1.34
Free Cash Flow to Operating Cash Flow Ratio1.06
Cash Flow Coverage Ratio-6.44
Short Term Coverage Ratio-53.31
Capital Expenditure Coverage Ratio-16.56
Dividend Paid and Capex Coverage Ratio-16.56

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 4.83%, highlights its total liabilities relative to assets. With a debt-equity ratio of -1.36, we discern the balance between debt and equity financing. The long-term debt to capitalization, 605.90%, and total debt to capitalization, 376.17%, ratios shed light on its capital structure. An interest coverage of -27.19 indicates its ability to manage interest expenses.

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Debt Ratio4.83%
Debt Equity Ratio-1.36
Long Term Debt to Capitalization605.90%
Total Debt to Capitalization376.17%
Interest Coverage-27.19
Cash Flow to Debt Ratio-6.44
Company Equity Multiplier-28.22

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 1.07, provides a glimpse into top-line earnings distributed across each share. Net income per share, -0.89, reflects the portion of profit attributed to each share. The book value per share, 0.21, represents the net asset value distributed per share, while the tangible book value per share, -1.22, excludes intangible assets.

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Revenue Per Share1.07
Net Income Per Share-0.89
Book Value Per Share0.21
Tangible Book Value Per Share-1.22
Shareholders Equity Per Share0.21
Interest Debt Per Share0.24
Capex Per Share-0.19

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 736.61%, indicates top-line expansion, while the gross profit growth, 475.12%, reveals profitability trends. EBIT growth, -18.30%, and operating income growth, -18.30%, offer insights into operational profitability progression. The net income growth, 32.17%, showcases bottom-line expansion, and the EPS growth, 47.34%, measures the growth in earnings per share.

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Revenue Growth736.61%
Gross Profit Growth475.12%
EBIT Growth-18.30%
Operating Income Growth-18.30%
Net Income Growth32.17%
EPS Growth47.34%
EPS Diluted Growth47.34%
Weighted Average Shares Growth29.03%
Weighted Average Shares Diluted Growth29.03%
Operating Cash Flow Growth-24.64%
Free Cash Flow Growth-3.93%
5-Year Revenue Growth per Share-19.93%
3-Year Revenue Growth per Share-37.13%
5-Year Operating CF Growth per Share92.49%
3-Year Operating CF Growth per Share81.47%
5-Year Net Income Growth per Share96.27%
3-Year Net Income Growth per Share92.42%
5-Year Shareholders Equity Growth per Share115.04%
3-Year Shareholders Equity Growth per Share102.31%
Receivables Growth391.88%
Inventory Growth-51.44%
Asset Growth30.99%
Book Value per Share Growth-80.52%
Debt Growth8.77%
R&D Expense Growth-21.68%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 23,762,731.34, captures the company's total value, considering both debt and equity. Income quality, 0.99, assesses the reliability of reported earnings. The ratio of intangibles to total assets, 34.91%, indicates the value of non-physical assets, and capex to operating cash flow, 13.84%, measures reinvestment capability.

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Enterprise Value23,762,731.34
Income Quality0.99
Research and Development to Revenue67.73%
Intangibles to Total Assets34.91%
Capex to Operating Cash Flow13.84%
Capex to Revenue-18.10%
Capex to Depreciation-153.85%
Stock-Based Compensation to Revenue7.96%
Graham Number2.04
Return on Tangible Assets-33.27%
Graham Net Net-2.56
Working Capital-4,030,000
Tangible Asset Value-26,926,000
Net Current Asset Value-43,357,000
Invested Capital1
Average Receivables13,237,500
Average Payables7,929,500
Average Inventory1,829,500
Days Sales Outstanding340
Days Payables Outstanding677
Days of Inventory On Hand59
ROIC-177.37%
ROE-4.25%

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, -0.87, and the price to book ratio, -0.87, reflect the market's valuation relative to the company's book value. The price to sales ratio, 0.14, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, -0.10, and price to operating cash flows, -0.10, gauge market valuation against cash flow metrics.

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Price Book Value Ratio-0.87
Price to Book Ratio-0.87
Price to Sales Ratio0.14
Price Cash Flow Ratio-0.10
Enterprise Value Multiple-0.47
Price Fair Value-0.87
Price to Operating Cash Flow Ratio-0.10
Price to Free Cash Flows Ratio-0.10
Price to Tangible Book Ratio6.98
Enterprise Value to Sales1.01
Enterprise Value Over EBITDA-0.70
EV to Operating Cash Flow-0.77
Earnings Yield-60.85%
Free Cash Flow Yield-109.35%
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Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of Novan, Inc. (NOVN) on the NASDAQ in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 0.245 in 2024.

What is the ticker symbol of Novan, Inc. stock?

The ticker symbol of Novan, Inc. stock is NOVN.

What is company IPO date?

IPO date of Novan, Inc. is 2016-09-21.

What is company current share price?

Current share price is 0.094 USD.

What is stock market cap today?

The market cap of stock today is 2636249.000.

What is PEG ratio in 2024?

The current 0.000 is 0.000 in 2024.

What is the number of employees in 2024?

In 2024 the company has 90.