Electromed Net Income vs Stock Based Compensation Analysis

ELMD Stock

USD 28.81 0.28 0.96%

Electromed financial indicator trend analysis is much more than just examining Electromed latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electromed is a good investment. Please check the relationship between Electromed Net Income and its Stock Based Compensation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

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

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electromed Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Electromed's Net Income and Stock Based Compensation is 0.86. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Electromed, assuming nothing else is changed. The correlation between historical values of Electromed's Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Electromed are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Electromed's Net Income and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Electromed financial statement analysis. It represents the amount of money remaining after all of Electromed operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Electromed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electromed 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 Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.At present, Electromed's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.88, whereas Selling General Administrative is forecasted to decline to about 18.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	25K	78K	89.7K	85.2K
Depreciation And Amortization	628K	613K	841K	684.7K

Interest Expense Depreciation And Amortization

Electromed fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		-0.73	0.81	0.89	0.99	0.83	-0.79	0.87	0.8	0.74	0.88	0.31	0.47	0.74	0.98	0.77	0.74	-0.8	0.85	0.4	0.74	0.67	0.57	1.0	-0.21	-0.25
Short Long Term Debt Total	-0.73		-0.64	-0.46	-0.78	-0.67	0.82	-0.75	-0.46	-0.74	-0.65	-0.23	-0.38	-0.74	-0.66	-0.7	-0.81	0.89	-0.63	-0.07	-0.72	-0.13	-0.49	-0.73	0.66	0.25
Other Current Liab	0.81	-0.64		0.85	0.78	0.71	-0.79	0.93	0.75	0.79	0.74	0.35	0.35	0.79	0.83	0.49	0.5	-0.67	0.64	0.39	0.43	0.76	0.76	0.81	-0.25	-0.49
Total Current Liabilities	0.89	-0.46	0.85		0.84	0.76	-0.59	0.77	0.93	0.57	0.82	0.41	0.49	0.57	0.93	0.54	0.49	-0.6	0.77	0.65	0.57	0.91	0.53	0.88	0.03	-0.29
Total Stockholder Equity	0.99	-0.78	0.78	0.84		0.82	-0.81	0.86	0.75	0.75	0.86	0.28	0.47	0.75	0.96	0.8	0.78	-0.84	0.85	0.35	0.77	0.58	0.54	0.99	-0.25	-0.23
Property Plant And Equipment Net	0.83	-0.67	0.71	0.76	0.82		-0.55	0.71	0.78	0.48	0.98	0.28	0.42	0.48	0.85	0.74	0.63	-0.63	0.85	0.47	0.71	0.61	0.61	0.8	-0.36	0.02
Net Debt	-0.79	0.82	-0.79	-0.59	-0.81	-0.55		-0.93	-0.46	-0.99	-0.6	-0.1	-0.12	-0.99	-0.7	-0.71	-0.75	0.85	-0.61	0.05	-0.63	-0.36	-0.74	-0.8	0.37	0.38
Retained Earnings	0.87	-0.75	0.93	0.77	0.86	0.71	-0.93		0.68	0.93	0.75	0.2	0.26	0.93	0.84	0.68	0.71	-0.8	0.72	0.21	0.6	0.61	0.8	0.87	-0.27	-0.37
Accounts Payable	0.8	-0.46	0.75	0.93	0.75	0.78	-0.46	0.68		0.43	0.83	0.5	0.57	0.43	0.87	0.55	0.55	-0.58	0.77	0.79	0.63	0.84	0.45	0.79	0.01	-0.09
Cash	0.74	-0.74	0.79	0.57	0.75	0.48	-0.99	0.93	0.43		0.54	0.06	0.04	1.0	0.65	0.66	0.69	-0.78	0.56	-0.09	0.56	0.38	0.78	0.75	-0.29	-0.38
Non Current Assets Total	0.88	-0.65	0.74	0.82	0.86	0.98	-0.6	0.75	0.83	0.54		0.3	0.39	0.54	0.9	0.78	0.66	-0.65	0.86	0.47	0.75	0.68	0.65	0.85	-0.29	0.02
Non Currrent Assets Other	0.31	-0.23	0.35	0.41	0.28	0.28	-0.1	0.2	0.5	0.06	0.3		0.54	0.06	0.36	0.08	0.17	-0.22	0.22	0.7	0.17	0.37	0.01	0.3	-0.1	-0.15
Other Assets	0.47	-0.38	0.35	0.49	0.47	0.42	-0.12	0.26	0.57	0.04	0.39	0.54		0.04	0.55	0.04	0.27	-0.36	0.43	0.69	0.22	0.35	-0.25	0.48	-0.21	-0.29
Cash And Short Term Investments	0.74	-0.74	0.79	0.57	0.75	0.48	-0.99	0.93	0.43	1.0	0.54	0.06	0.04		0.65	0.66	0.69	-0.78	0.56	-0.09	0.56	0.38	0.78	0.75	-0.29	-0.38
Net Receivables	0.98	-0.66	0.83	0.93	0.96	0.85	-0.7	0.84	0.87	0.65	0.9	0.36	0.55	0.65		0.7	0.68	-0.75	0.83	0.53	0.69	0.74	0.53	0.97	-0.15	-0.22
Common Stock Total Equity	0.77	-0.7	0.49	0.54	0.8	0.74	-0.71	0.68	0.55	0.66	0.78	0.08	0.04	0.66	0.7		0.9	-0.79	0.76	0.11	0.93	0.28	0.62	0.75	-0.17	0.29
Common Stock Shares Outstanding	0.74	-0.81	0.5	0.49	0.78	0.63	-0.75	0.71	0.55	0.69	0.66	0.17	0.27	0.69	0.68	0.9		-0.92	0.72	0.19	0.92	0.16	0.46	0.73	-0.19	0.17
Non Current Liabilities Total	-0.8	0.89	-0.67	-0.6	-0.84	-0.63	0.85	-0.8	-0.58	-0.78	-0.65	-0.22	-0.36	-0.78	-0.75	-0.79	-0.92		-0.72	-0.23	-0.82	-0.25	-0.48	-0.81	0.26	0.16
Inventory	0.85	-0.63	0.64	0.77	0.85	0.85	-0.61	0.72	0.77	0.56	0.86	0.22	0.43	0.56	0.83	0.76	0.72	-0.72		0.49	0.77	0.57	0.5	0.84	-0.13	-0.06
Other Current Assets	0.4	-0.07	0.39	0.65	0.35	0.47	0.05	0.21	0.79	-0.09	0.47	0.7	0.69	-0.09	0.53	0.11	0.19	-0.23	0.49		0.27	0.64	-0.05	0.39	0.25	-0.01
Other Stockholder Equity	0.74	-0.72	0.43	0.57	0.77	0.71	-0.63	0.6	0.63	0.56	0.75	0.17	0.22	0.56	0.69	0.93	0.92	-0.82	0.77	0.27		0.28	0.45	0.73	-0.16	0.26
Total Liab	0.67	-0.13	0.76	0.91	0.58	0.61	-0.36	0.61	0.84	0.38	0.68	0.37	0.35	0.38	0.74	0.28	0.16	-0.25	0.57	0.64	0.28		0.52	0.66	0.15	-0.29
Property Plant And Equipment Gross	0.57	-0.49	0.76	0.53	0.54	0.61	-0.74	0.8	0.45	0.78	0.65	0.01	-0.25	0.78	0.53	0.62	0.46	-0.48	0.5	-0.05	0.45	0.52		0.55	-0.25	-0.12
Total Current Assets	1.0	-0.73	0.81	0.88	0.99	0.8	-0.8	0.87	0.79	0.75	0.85	0.3	0.48	0.75	0.97	0.75	0.73	-0.81	0.84	0.39	0.73	0.66	0.55		-0.2	-0.28
Short Term Debt	-0.21	0.66	-0.25	0.03	-0.25	-0.36	0.37	-0.27	0.01	-0.29	-0.29	-0.1	-0.21	-0.29	-0.15	-0.17	-0.19	0.26	-0.13	0.25	-0.16	0.15	-0.25	-0.2		0.31
Intangible Assets	-0.25	0.25	-0.49	-0.29	-0.23	0.02	0.38	-0.37	-0.09	-0.38	0.02	-0.15	-0.29	-0.38	-0.22	0.29	0.17	0.16	-0.06	-0.01	0.26	-0.29	-0.12	-0.28	0.31

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Electromed Account Relationship Matchups

Electromed fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.2M	37.1M	41.4M	45.8M	52.2M	28.3M
Short Long Term Debt Total	45.1K	81.2K	87K	41K	161K	82.7K
Other Current Liab	2.4M	3.7M	5.8M	6.3M	6.4M	6.7M
Total Current Liabilities	3.0M	4.6M	7.2M	8.1M	7.7M	4.5M
Total Stockholder Equity	30.2M	32.4M	34.2M	37.7M	44.5M	22.6M
Property Plant And Equipment Net	3.9M	3.7M	4.7M	5.7M	5.3M	4.0M
Net Debt	(10.4M)	(11.8M)	(8.1M)	(7.2M)	(16.1M)	(15.3M)
Retained Earnings	13.7M	14.9M	15.8M	18.8M	23.7M	24.9M
Accounts Payable	555.5K	685K	1.3M	1.4M	1.0M	814.3K
Cash	10.5M	11.9M	8.2M	7.4M	16.1M	16.9M
Non Current Assets Total	5.2M	5.4M	6.8M	8.0M	8.1M	5.6M
Non Currrent Assets Other	80.2K	88K	120M	161K	87K	82.7K
Other Assets	755K	1.1M	1.5M	1.6M	1.0	0.95
Cash And Short Term Investments	10.5M	11.9M	8.2M	7.4M	16.1M	16.9M
Net Receivables	14.1M	17.4M	21.3M	24.6M	24.1M	13.3M
Common Stock Total Equity	84.1K	85.7K	85K	86K	98.9K	86.6K
Common Stock Shares Outstanding	8.8M	8.9M	8.8M	8.7M	8.9M	8.9M
Liabilities And Stockholders Equity	33.2M	37.1M	41.4M	45.8M	52.2M	28.3M
Non Current Liabilities Total	8.9K	54K	41K	86K	12K	11.4K
Inventory	3.1M	2.1M	3.2M	4.2M	3.7M	2.6M
Other Current Assets	353.3K	276K	1.9M	1.6M	329.0K	312.6K
Other Stockholder Equity	16.5M	17.4M	18.3M	18.8M	20.8M	16.5M
Total Liab	3.0M	4.7M	7.2M	8.1M	7.7M	5.6M
Property Plant And Equipment Gross	3.8M	3.6M	4.7M	5.7M	10.4M	10.9M
Total Current Assets	28.0M	31.7M	34.5M	37.8M	44.2M	22.7M
Short Term Debt	30.3K	72.3K	33K	80K	72K	68.4K
Intangible Assets	598.4K	663K	599K	605K	657K	624.2K
Common Stock	84.1K	85.7K	85K	86K	87K	87.1K
Property Plant Equipment	3.9M	3.6M	4.6M	5.7M	6.5M	3.9M
Current Deferred Revenue	(72.3K)	(33K)	1.5B	(80K)	277K	263.2K
Net Tangible Assets	29.7M	31.8M	33.6M	37.1M	42.6M	24.2M
Retained Earnings Total Equity	13.7M	14.9M	15.8M	18.8M	21.6M	22.7M
Capital Surpluse	16.5M	17.4M	18.3M	18.8M	21.6M	16.7M
Net Invested Capital	30.2M	32.4M	34.2M	37.7M	44.5M	34.1M

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When determining whether Electromed is a strong investment it is important to analyze Electromed's 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 Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:

How To Invest In Electromed

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Is Electromed Stock a good investment?

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What is Electromed's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

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

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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 Electromed. If investors know Electromed 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 Electromed 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

0.809

Earnings Share

0.72

Revenue Per Share

6.39

Quarterly Revenue Growth

0.09

Return On Assets

0.0839

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

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Net Income

Stock Based Compensation

Electromed fundamental ratios Correlations

Electromed Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Electromed fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Retained Earnings	- 0.93	Net Debt
Non Current Liabilities Total	- 0.92	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.84	Total Stockholder Equity
Other Stockholder Equity	- 0.82	Non Current Liabilities Total