AtriCure Common Stock Total Equity vs Non Current Assets Total Analysis

ATRC Stock

USD 40.94 1.35 3.41%

AtriCure financial indicator trend analysis is way more than just evaluating AtriCure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AtriCure is a good investment. Please check the relationship between AtriCure Common Stock Total Equity and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.

Common Stock Total Equity vs Non Current Assets Total

Common Stock Total Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AtriCure Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between AtriCure's Common Stock Total Equity and Non Current Assets Total is 0.84. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of AtriCure, assuming nothing else is changed. The correlation between historical values of AtriCure's Common Stock Total Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of AtriCure are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Total Equity i.e., AtriCure's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from AtriCure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AtriCure 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.At present, AtriCure's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.78, whereas Enterprise Value Over EBITDA is forecasted to decline to (36.56).

	2022	2023	2024	2025 (projected)
Gross Profit	245.9M	300.4M	347.5M	364.9M
Total Revenue	330.4M	399.2M	465.3M	488.6M

Gross Profit Total Revenue

AtriCure fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Inventory	Other Current Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total
Total Assets		0.96	-0.95	0.35	0.86	0.97	0.78	0.93	0.93	0.85	0.73	0.84	0.82	0.87	0.89	0.91	0.13	0.98	0.66	0.83	0.81	0.85	0.64	0.74	0.95	0.97
Total Stockholder Equity	0.96		-0.94	0.22	0.84	0.99	0.58	0.95	0.95	0.91	0.81	0.9	0.88	0.84	0.91	0.91	-0.04	0.92	0.76	0.77	0.88	0.83	0.41	0.8	0.95	0.92
Retained Earnings	-0.95	-0.94		-0.19	-0.86	-0.98	-0.66	-0.96	-0.97	-0.92	-0.83	-0.92	-0.9	-0.88	-0.92	-0.93	0.05	-0.9	-0.78	-0.74	-0.91	-0.87	-0.49	-0.85	-0.94	-0.94
Other Assets	0.35	0.22	-0.19		0.2	0.2	0.55	0.05	0.06	-0.07	-0.05	0.0	-0.02	0.2	0.0	0.03	0.37	0.31	-0.16	0.68	-0.11	0.19	0.63	-0.11	0.4	0.24
Common Stock Shares Outstanding	0.86	0.84	-0.86	0.2		0.85	0.7	0.8	0.81	0.76	0.52	0.67	0.66	0.99	0.79	0.81	0.23	0.85	0.47	0.77	0.67	0.99	0.49	0.57	0.78	0.82
Other Stockholder Equity	0.97	0.99	-0.98	0.2	0.85		0.61	0.97	0.97	0.93	0.84	0.93	0.91	0.86	0.93	0.93	-0.06	0.92	0.79	0.76	0.91	0.85	0.44	0.84	0.96	0.94
Total Liab	0.78	0.58	-0.66	0.55	0.7	0.61		0.58	0.56	0.45	0.26	0.41	0.4	0.71	0.55	0.6	0.54	0.82	0.18	0.75	0.36	0.7	0.96	0.33	0.64	0.76
Other Current Liab	0.93	0.95	-0.96	0.05	0.8	0.97	0.58		1.0	0.96	0.88	0.95	0.95	0.81	0.93	0.94	-0.14	0.89	0.84	0.65	0.95	0.81	0.4	0.89	0.91	0.92
Total Current Liabilities	0.93	0.95	-0.97	0.06	0.81	0.97	0.56	1.0		0.97	0.88	0.96	0.96	0.82	0.93	0.93	-0.16	0.88	0.84	0.66	0.95	0.82	0.38	0.9	0.92	0.91
Accounts Payable	0.85	0.91	-0.92	-0.07	0.76	0.93	0.45	0.96	0.97		0.89	0.96	0.97	0.77	0.92	0.93	-0.26	0.81	0.88	0.52	0.97	0.76	0.25	0.93	0.84	0.84
Cash	0.73	0.81	-0.83	-0.05	0.52	0.84	0.26	0.88	0.88	0.89		0.97	0.97	0.53	0.82	0.79	-0.55	0.63	0.95	0.44	0.96	0.55	0.11	0.96	0.82	0.72
Inventory	0.84	0.9	-0.92	0.0	0.67	0.93	0.41	0.95	0.96	0.96	0.97		0.99	0.68	0.89	0.88	-0.37	0.77	0.94	0.55	0.99	0.69	0.24	0.97	0.88	0.84
Other Current Assets	0.82	0.88	-0.9	-0.02	0.66	0.91	0.4	0.95	0.96	0.97	0.97	0.99		0.67	0.88	0.88	-0.4	0.75	0.92	0.52	0.98	0.67	0.23	0.97	0.86	0.81
Common Stock	0.87	0.84	-0.88	0.2	0.99	0.86	0.71	0.81	0.82	0.77	0.53	0.68	0.67		0.81	0.83	0.22	0.86	0.47	0.78	0.69	1.0	0.5	0.58	0.8	0.83
Property Plant Equipment	0.89	0.91	-0.92	0.0	0.79	0.93	0.55	0.93	0.93	0.92	0.82	0.89	0.88	0.81		1.0	-0.1	0.88	0.79	0.56	0.91	0.81	0.39	0.87	0.83	0.88
Property Plant And Equipment Net	0.91	0.91	-0.93	0.03	0.81	0.93	0.6	0.94	0.93	0.93	0.79	0.88	0.88	0.83	1.0		-0.05	0.9	0.76	0.59	0.9	0.82	0.44	0.86	0.83	0.9
Net Debt	0.13	-0.04	0.05	0.37	0.23	-0.06	0.54	-0.14	-0.16	-0.26	-0.55	-0.37	-0.4	0.22	-0.1	-0.05		0.25	-0.52	0.27	-0.38	0.18	0.6	-0.47	-0.07	0.18
Non Current Assets Total	0.98	0.92	-0.9	0.31	0.85	0.92	0.82	0.89	0.88	0.81	0.63	0.77	0.75	0.86	0.88	0.9	0.25		0.59	0.76	0.74	0.84	0.7	0.67	0.86	0.95
Non Currrent Assets Other	0.66	0.76	-0.78	-0.16	0.47	0.79	0.18	0.84	0.84	0.88	0.95	0.94	0.92	0.47	0.79	0.76	-0.52	0.59		0.33	0.95	0.49	0.04	0.93	0.73	0.69
Cash And Short Term Investments	0.83	0.77	-0.74	0.68	0.77	0.76	0.75	0.65	0.66	0.52	0.44	0.55	0.52	0.78	0.56	0.59	0.27	0.76	0.33		0.48	0.77	0.64	0.42	0.87	0.75
Net Receivables	0.81	0.88	-0.91	-0.11	0.67	0.91	0.36	0.95	0.95	0.97	0.96	0.99	0.98	0.69	0.91	0.9	-0.38	0.74	0.95	0.48		0.69	0.18	0.97	0.84	0.82
Common Stock Total Equity	0.85	0.83	-0.87	0.19	0.99	0.85	0.7	0.81	0.82	0.76	0.55	0.69	0.67	1.0	0.81	0.82	0.18	0.84	0.49	0.77	0.69		0.49	0.59	0.79	0.82
Non Current Liabilities Total	0.64	0.41	-0.49	0.63	0.49	0.44	0.96	0.4	0.38	0.25	0.11	0.24	0.23	0.5	0.39	0.44	0.6	0.7	0.04	0.64	0.18	0.49		0.18	0.5	0.63
Property Plant And Equipment Gross	0.74	0.8	-0.85	-0.11	0.57	0.84	0.33	0.89	0.9	0.93	0.96	0.97	0.97	0.58	0.87	0.86	-0.47	0.67	0.93	0.42	0.97	0.59	0.18		0.79	0.75
Total Current Assets	0.95	0.95	-0.94	0.4	0.78	0.96	0.64	0.91	0.92	0.84	0.82	0.88	0.86	0.8	0.83	0.83	-0.07	0.86	0.73	0.87	0.84	0.79	0.5	0.79		0.9
Short Long Term Debt Total	0.97	0.92	-0.94	0.24	0.82	0.94	0.76	0.92	0.91	0.84	0.72	0.84	0.81	0.83	0.88	0.9	0.18	0.95	0.69	0.75	0.82	0.82	0.63	0.75	0.9

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AtriCure Account Relationship Matchups

AtriCure fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	714.5M	615.3M	585.4M	613.9M	609.3M	639.8M
Total Stockholder Equity	412.4M	483.8M	456.8M	466.2M	461.0M	484.0M
Retained Earnings	(330.4M)	(280.2M)	(326.6M)	(357.1M)	(401.8M)	(381.7M)
Other Assets	16.5M	955K	2.0M	1.0	0.9	0.86
Common Stock Shares Outstanding	42.1M	46.0M	45.7M	46.3M	47.1M	25.3M
Liabilities And Stockholders Equity	714.5M	615.3M	585.4M	613.9M	609.3M	639.8M
Other Stockholder Equity	742.4M	764.8M	787.4M	824.2M	863.7M	906.9M
Total Liab	302.1M	131.6M	128.7M	147.8M	148.4M	83.9M
Other Current Liab	28.5M	34.6M	36.4M	44.7M	45.6M	47.9M
Total Current Liabilities	49.1M	56.4M	58.4M	74.6M	73.4M	77.1M
Accounts Payable	12.7M	18.6M	19.9M	27.4M	25.0M	26.3M
Cash	41.9M	43.7M	58.1M	84.3M	122.7M	128.9M
Inventory	35.0M	39.0M	45.9M	67.9M	75.3M	79.1M
Other Current Assets	4.3M	5.0M	5.5M	8.6M	9.4M	9.9M
Common Stock	45K	46K	47K	48K	49K	29.3K
Property Plant Equipment	32.6M	28.3M	36.2M	42.6M	49.0M	51.5M
Property Plant And Equipment Net	30.2M	36.2M	42.6M	46.8M	47.4M	49.8M
Net Debt	32.1M	32.0M	11.0M	(9.8M)	(46.2M)	(43.9M)
Non Current Assets Total	407.8M	419.2M	370.2M	347.7M	341.5M	358.6M
Non Currrent Assets Other	440K	955K	2.0M	2.2M	2.9M	3.0M
Cash And Short Term Investments	244.2M	119.1M	121.1M	137.3M	122.7M	67.8M
Net Receivables	23.1M	33.0M	42.7M	52.5M	60.3M	63.4M
Common Stock Total Equity	40K	45K	46K	47K	54.1K	28.2K
Non Current Liabilities Total	253.0M	75.1M	70.3M	73.2M	74.9M	61.1M
Property Plant And Equipment Gross	30.2M	36.2M	42.6M	99.2M	108.7M	114.1M
Total Current Assets	306.7M	196.1M	215.2M	266.2M	267.8M	281.2M
Accumulated Other Comprehensive Income	312K	(948K)	(4.1M)	(993K)	(1.0M)	(983.3K)
Short Long Term Debt Total	74.0M	75.6M	69.1M	74.5M	76.5M	80.4M
Long Term Debt	53.4M	59.7M	56.8M	60.6M	61.9M	65.0M
Short Term Investments	53.3M	202.3M	75.4M	63.0M	53.0M	0.0
Short Term Debt	6.7M	1.8M	2.1M	2.5M	2.8M	2.3M
Intangible Assets	128.2M	43.0M	39.3M	64.0M	56.5M	38.1M
Other Liab	186.4M	187.4M	1.2M	1.2M	1.4M	1.3M
Net Tangible Assets	(117.3M)	49.4M	206.0M	182.6M	210.0M	220.5M
Retained Earnings Total Equity	(282.2M)	(330.4M)	(280.2M)	(326.6M)	(294.0M)	(308.7M)
Long Term Debt Total	59.6M	53.4M	59.7M	56.8M	65.4M	34.9M
Capital Surpluse	529.7M	742.4M	764.8M	787.4M	905.5M	470.9M
Non Current Liabilities Other	199.6M	15.4M	13.5M	1.2M	1.2M	1.1M

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When determining whether AtriCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AtriCure'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 Atricure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atricure Stock:

How To Invest In AtriCure

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Is AtriCure Stock a good investment?

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What is AtriCure's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

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Largest Health Care Equipment & Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Is Health Care Equipment & Supplies 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 AtriCure. If investors know AtriCure 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 AtriCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.95)

Revenue Per Share

9.908

Quarterly Revenue Growth

0.166

Return On Assets

(0.04)

Return On Equity

(0.1)

The market value of AtriCure is measured differently than its book value, which is the value of AtriCure that is recorded on the company's balance sheet. Investors also form their own opinion of AtriCure's value that differs from its market value or its book value, called intrinsic value, which is AtriCure'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 AtriCure's market value can be influenced by many factors that don't directly affect AtriCure'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 AtriCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AtriCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AtriCure'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.

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AtriCure Common Stock Total Equity vs Non Current Assets Total Analysis

Common Stock Total Equity vs Non Current Assets Total

Common Stock Total Equity vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Non Current Assets Total

AtriCure fundamental ratios Correlations

AtriCure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AtriCure fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock Total Equity	+ 1.0	Common Stock
Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding

Other Stockholder Equity	- 0.98	Retained Earnings
Total Current Liabilities	- 0.97	Retained Earnings
Other Current Liab	- 0.96	Retained Earnings
Retained Earnings	- 0.95	Total Assets
Short Long Term Debt Total	- 0.94	Retained Earnings
Total Current Assets	- 0.94	Retained Earnings