LeMaitre Long Term Debt vs Other Current Assets Analysis

LMAT Stock  USD 106.99  1.19  1.12%   
LeMaitre Vascular financial indicator trend analysis is infinitely more than just investigating LeMaitre Vascular recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LeMaitre Vascular is a good investment. Please check the relationship between LeMaitre Vascular Long Term Debt and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeMaitre Vascular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy LeMaitre Stock please use our How to Invest in LeMaitre Vascular guide.

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeMaitre Vascular Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between LeMaitre Vascular's Long Term Debt and Other Current Assets is 0.69. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of LeMaitre Vascular, assuming nothing else is changed. The correlation between historical values of LeMaitre Vascular's Long Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of LeMaitre Vascular are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., LeMaitre Vascular's Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that LeMaitre Vascular has held for over one year. Long-term debt appears on LeMaitre Vascular balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on LeMaitre Vascular balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from LeMaitre Vascular's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeMaitre Vascular 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeMaitre Vascular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy LeMaitre Stock please use our How to Invest in LeMaitre Vascular guide.At this time, LeMaitre Vascular's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 26.92 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit101.4M104.9M127.0M133.4M
Total Revenue154.4M161.7M193.5M203.2M

LeMaitre Vascular fundamental ratios Correlations

0.30.530.970.990.50.970.210.670.820.970.840.970.530.270.920.650.440.980.320.990.960.340.90.830.98
0.3-0.030.390.20.570.44-0.320.46-0.060.170.70.140.860.55-0.010.820.480.310.560.230.230.940.310.470.42
0.53-0.030.590.57-0.280.370.140.40.630.60.250.670.270.520.730.020.030.43-0.450.520.61-0.070.370.380.39
0.970.390.590.950.460.940.10.730.730.920.870.940.560.380.870.680.520.960.320.960.970.40.920.850.95
0.990.20.570.950.410.950.20.670.840.990.770.990.480.260.950.550.390.960.240.980.960.240.870.820.96
0.50.57-0.280.460.410.660.340.10.330.30.790.310.43-0.240.180.880.370.60.770.510.440.730.570.390.63
0.970.440.370.940.950.660.180.650.740.910.920.90.610.230.810.780.50.970.50.960.910.50.90.831.0
0.21-0.320.140.10.20.340.18-0.510.630.110.130.23-0.24-0.490.270.11-0.220.24-0.110.290.24-0.020.22-0.130.18
0.670.460.40.730.670.10.65-0.510.250.710.570.650.650.670.590.420.640.620.270.620.630.270.580.90.66
0.82-0.060.630.730.840.330.740.630.250.80.560.860.240.030.880.370.130.780.030.850.810.10.690.510.75
0.970.170.60.920.990.30.910.110.710.80.70.980.480.310.960.470.330.910.170.940.930.170.810.810.92
0.840.70.250.870.770.790.920.130.570.560.70.710.70.30.580.950.60.880.610.820.80.770.840.750.9
0.970.140.670.940.990.310.90.230.650.860.980.710.430.290.980.480.350.930.130.970.970.170.850.790.91
0.530.860.270.560.480.430.61-0.240.650.240.480.70.430.670.330.710.340.470.350.450.430.770.410.710.6
0.270.550.520.380.26-0.240.23-0.490.670.030.310.30.290.670.260.230.360.16-0.120.20.260.360.170.470.24
0.92-0.010.730.870.950.180.810.270.590.880.960.580.980.330.260.320.230.86-0.030.920.920.020.770.720.83
0.650.820.020.680.550.880.780.110.420.370.470.950.480.710.230.320.570.710.710.620.590.90.670.590.76
0.440.480.030.520.390.370.5-0.220.640.130.330.60.350.340.360.230.570.510.580.460.440.450.520.620.5
0.980.310.430.960.960.60.970.240.620.780.910.880.930.470.160.860.710.510.430.980.970.380.930.810.97
0.320.56-0.450.320.240.770.5-0.110.270.030.170.610.130.35-0.12-0.030.710.580.430.310.230.590.460.360.47
0.990.230.520.960.980.510.960.290.620.850.940.820.970.450.20.920.620.460.980.310.960.310.920.810.97
0.960.230.610.970.960.440.910.240.630.810.930.80.970.430.260.920.590.440.970.230.960.270.880.780.92
0.340.94-0.070.40.240.730.5-0.020.270.10.170.770.170.770.360.020.90.450.380.590.310.270.370.40.48
0.90.310.370.920.870.570.90.220.580.690.810.840.850.410.170.770.670.520.930.460.920.880.370.760.9
0.830.470.380.850.820.390.83-0.130.90.510.810.750.790.710.470.720.590.620.810.360.810.780.40.760.84
0.980.420.390.950.960.631.00.180.660.750.920.90.910.60.240.830.760.50.970.470.970.920.480.90.84
Click cells to compare fundamentals

LeMaitre Vascular Account Relationship Matchups

LeMaitre Vascular fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets188.3M252.8M292.8M310.5M346.8M364.1M
Other Current Liab2.5M5.3M4.9M7.4M20.8M21.9M
Total Current Liabilities20.9M25.1M21.8M25.3M29.9M31.4M
Total Stockholder Equity148.1M172.6M254.2M268.2M297.9M312.8M
Net Debt3.9M28.0M2.1M(2.5M)(5.2M)(5.4M)
Non Current Assets Total96.2M158.5M152.9M148.7M152.2M159.8M
Non Currrent Assets Other259K909K568K991K3.7M3.9M
Common Stock Shares Outstanding20.3M20.5M21.5M22.2M22.4M17.3M
Liabilities And Stockholders Equity188.3M252.8M292.8M310.5M346.8M364.1M
Other Current Assets3.3M5.2M8.4M6.7M12.1M12.7M
Other Stockholder Equity94.9M103.3M169.2M176.2M186.9M196.2M
Total Liab40.2M80.2M38.7M42.3M48.9M51.3M
Total Current Assets92.1M94.3M139.9M161.7M194.6M204.3M
Short Term Debt1.8M6.4M3.7M3.8M4.9M2.5M
Cash11.8M26.8M13.9M19.1M24.3M18.3M
Cash And Short Term Investments32.7M27.0M70.0M82.7M105.1M110.3M
Non Current Liabilities Total19.3M55.1M16.8M16.9M19.0M19.9M
Other Liab5.4M4.8M2.8M2.2M2.6M1.8M
Property Plant And Equipment Net30.1M31.1M32.1M33.5M39.8M41.8M
Current Deferred Revenue14.0M17.5M16.3M390K448.5K426.1K
Retained Earnings57.0M70.6M88.1M97.8M115.4M121.2M
Accounts Payable2.6M2.4M2.3M2.9M3.7M3.9M
Other Assets1.3M18.4M2.1M2.7M3.1M2.3M
Net Receivables16.6M19.6M19.6M22.0M25.1M13.3M
Good Will23.8M29.9M41.7M65.9M65.9M69.2M
Common Stock Total Equity217K221K235K237K272.6K194.7K
Short Term Investments20.9M214K56.1M63.6M80.8M84.8M
Inventory39.5M45.1M46.1M50.3M52.3M54.9M
Property Plant And Equipment Gross30.1M31.1M17.1M33.5M61.3M64.3M
Accumulated Other Comprehensive Income(4.0M)(1.5M)(3.4M)(6.0M)(4.6M)(4.4M)
Treasury Stock(11.0M)(11.6M)(12.4M)(13.0M)(11.7M)(11.2M)
Intangible Assets23.2M58.9M52.7M46.5M41.7M43.8M
Common Stock217K221K235K237K239K198.1K
Property Plant Equipment14.9M15.0M32.1M17.9M20.6M21.6M
Net Tangible Assets108.2M113.7M135.5M155.7M179.1M188.0M
Retained Earnings Total Equity57.0M70.6M88.1M97.8M112.4M118.1M
Capital Surpluse105.9M114.9M181.6M189.3M217.7M111.9M

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