Deltex Research Development vs Income Tax Expense Analysis

DEMG Stock   0.08  0.00  0.00%   
Deltex Medical financial indicator trend analysis is much more than just examining Deltex Medical Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deltex Medical Group is a good investment. Please check the relationship between Deltex Medical Research Development and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deltex Medical 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 board of governors.

Research Development vs Income Tax Expense

Research Development vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deltex Medical Group Research Development account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Deltex Medical's Research Development and Income Tax Expense is 0.11. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Deltex Medical Group, assuming nothing else is changed. The correlation between historical values of Deltex Medical's Research Development and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Deltex Medical Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Research Development i.e., Deltex Medical's Research Development and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Research Development

Income Tax Expense

Most indicators from Deltex Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deltex Medical Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deltex Medical 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 board of governors.
At this time, Deltex Medical's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is likely to drop slightly above 1.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense173K199K230K116.1K
Depreciation And Amortization114K128K133K231.8K

Deltex Medical fundamental ratios Correlations

0.780.660.60.90.72-0.21-0.610.30.63-0.05-0.110.630.09-0.010.210.880.180.410.830.00.790.370.080.540.57
0.780.350.520.60.420.26-0.530.480.260.03-0.10.260.05-0.010.340.680.290.590.760.250.590.480.080.650.52
0.660.350.840.440.8-0.33-0.170.260.47-0.5-0.440.47-0.33-0.43-0.450.480.08-0.140.73-0.370.680.7-0.360.340.62
0.60.520.840.230.670.02-0.180.60.18-0.57-0.610.18-0.44-0.59-0.420.450.360.110.88-0.370.640.86-0.450.530.71
0.90.60.440.230.59-0.41-0.56-0.010.750.190.120.750.290.230.380.820.00.290.50.150.630.050.270.280.3
0.720.420.80.670.59-0.49-0.050.360.71-0.49-0.370.71-0.39-0.43-0.40.60.33-0.030.65-0.370.870.6-0.420.430.67
-0.210.26-0.330.02-0.41-0.49-0.380.22-0.840.240.18-0.840.310.270.17-0.30.160.450.130.34-0.430.040.330.15-0.17
-0.61-0.53-0.17-0.18-0.56-0.05-0.380.070.03-0.48-0.330.03-0.74-0.6-0.43-0.480.08-0.55-0.53-0.43-0.090.11-0.72-0.180.07
0.30.480.260.6-0.010.360.220.07-0.01-0.42-0.34-0.01-0.57-0.54-0.110.390.720.580.56-0.390.580.63-0.560.850.73
0.630.260.470.180.750.71-0.840.03-0.01-0.14-0.081.0-0.19-0.150.00.67-0.03-0.10.26-0.120.730.15-0.20.220.39
-0.050.03-0.5-0.570.19-0.490.24-0.48-0.42-0.140.63-0.140.850.850.590.08-0.240.29-0.310.79-0.48-0.550.87-0.33-0.69
-0.11-0.1-0.44-0.610.12-0.370.18-0.33-0.34-0.080.63-0.080.590.870.32-0.15-0.110.17-0.370.58-0.34-0.540.61-0.09-0.56
0.630.260.470.180.750.71-0.840.03-0.011.0-0.14-0.08-0.19-0.150.00.67-0.03-0.10.26-0.120.730.15-0.20.220.39
0.090.05-0.33-0.440.29-0.390.31-0.74-0.57-0.190.850.59-0.190.90.540.05-0.370.26-0.140.69-0.46-0.60.99-0.42-0.66
-0.01-0.01-0.43-0.590.23-0.430.27-0.6-0.54-0.150.850.87-0.150.90.48-0.06-0.330.2-0.280.75-0.47-0.620.92-0.32-0.7
0.210.34-0.45-0.420.38-0.40.17-0.43-0.110.00.590.320.00.540.480.33-0.140.6-0.060.35-0.09-0.570.540.06-0.12
0.880.680.480.450.820.6-0.3-0.480.390.670.08-0.150.670.05-0.060.330.230.550.68-0.020.790.260.040.580.56
0.180.290.080.360.00.330.160.080.72-0.03-0.24-0.11-0.03-0.37-0.33-0.140.230.450.32-0.240.350.43-0.360.530.36
0.410.59-0.140.110.29-0.030.45-0.550.58-0.10.290.17-0.10.260.20.60.550.450.430.130.27-0.030.250.620.28
0.830.760.730.880.50.650.13-0.530.560.26-0.31-0.370.26-0.14-0.28-0.060.680.320.43-0.170.720.65-0.150.670.71
0.00.25-0.37-0.370.15-0.370.34-0.43-0.39-0.120.790.58-0.120.690.750.35-0.02-0.240.13-0.17-0.42-0.210.74-0.27-0.64
0.790.590.680.640.630.87-0.43-0.090.580.73-0.48-0.340.73-0.46-0.47-0.090.790.350.270.72-0.420.54-0.480.750.88
0.370.480.70.860.050.60.040.110.630.15-0.55-0.540.15-0.6-0.62-0.570.260.43-0.030.65-0.210.54-0.570.510.6
0.080.08-0.36-0.450.27-0.420.33-0.72-0.56-0.20.870.61-0.20.990.920.540.04-0.360.25-0.150.74-0.48-0.57-0.41-0.68
0.540.650.340.530.280.430.15-0.180.850.22-0.33-0.090.22-0.42-0.320.060.580.530.620.67-0.270.750.51-0.410.8
0.570.520.620.710.30.67-0.170.070.730.39-0.69-0.560.39-0.66-0.7-0.120.560.360.280.71-0.640.880.6-0.680.8
Click cells to compare fundamentals

Deltex Medical Account Relationship Matchups

Deltex Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5M5.5M5.4M6.2M5.9M5.5M
Short Long Term Debt Total1.6M1.5M2.0M2.2M1.9M1.7M
Other Current Liab1.7M975K908K784K530K503.5K
Total Current Liabilities2.4M1.6M2.2M2.6M934K887.3K
Total Stockholder Equity2.8M2.8M2.0M2.3M3.3M2.5M
Property Plant And Equipment Net395K305K264K269K198K347.6K
Net Debt704K614K1.6M1.8M1.2M1.3M
Retained Earnings(53.8M)(54.6M)(55.6M)(56.6M)(57.8M)(60.7M)
Accounts Payable381K201K298K507K173K164.4K
Cash908K853K413K471K705K920.5K
Non Current Assets Total3.2M3.0M3.6M4.2M4.2M4.4M
Non Currrent Assets Other(461K)(371K)(330K)(335K)3.9M4.1M
Cash And Short Term Investments908K853K413K471K705K920.5K
Common Stock Total Equity3.1M4.9M5.2M5.8M6.6M7.0M
Common Stock Shares Outstanding509.7M526.4M580.7M685.5M1.2B1.2B
Liabilities And Stockholders Equity6.5M5.5M5.4M6.2M5.9M5.5M
Non Current Liabilities Total1.5M1.3M1.3M1.3M1.9M977.1K
Inventory915K895K796K821K716K782.2K
Other Current Assets49K198K175K227K171K162.5K
Other Stockholder Equity33.2M33.4M33.5M33.7M35.7M34.5M
Total Liab3.8M2.9M3.5M3.9M2.8M3.1M
Property Plant And Equipment Gross395K305K2.7M2.4M2.1M2.2M
Total Current Assets3.3M2.5M1.8M2.0M1.8M2.7M
Accumulated Other Comprehensive Income18.1M18.2M18.3M18.3M18.2M19.1M
Short Term Debt220K200K748K987K137K130.2K
Common Stock5.2M5.8M5.8M7.0M7.2M7.6M
Other Liab62K51K57K64K73.6K92.9K
Net Receivables1.4M737K455K456K177K168.2K
Property Plant Equipment395K305K264K269K309.4K354.3K
Long Term Debt1.0M1.1M993K1.1M1.7M996.9K
Current Deferred Revenue53K58K57K39K468K491.4K
Intangible Assets2.7M2.6M3.1M3.8M3.9M4.1M
Other Assets2.7M2.6M1.03.9M4.4M4.7M
Net Tangible Assets2.7M2.7M2.0M2.3M2.1M2.1M
Deferred Long Term Liab2.6M2.5M3.1M3.7M4.3M2.6M
Short Long Term Debt188K159K702K935K79K75.1K
Capital Lease Obligations352K315K274K229K177K194.8K
Net Invested Capital4.1M3.9M3.8M4.4M5.0M4.5M

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.

Additional Tools for Deltex Stock Analysis

When running Deltex Medical's price analysis, check to measure Deltex Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deltex Medical is operating at the current time. Most of Deltex Medical's value examination focuses on studying past and present price action to predict the probability of Deltex Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deltex Medical's price. Additionally, you may evaluate how the addition of Deltex Medical to your portfolios can decrease your overall portfolio volatility.