MDxHealth Common Stock Shares Outstanding vs Intangible Assets Analysis
| MDXH Stock | USD 2.00 0.04 2.04% |
MDxHealth financial indicator trend analysis is infinitely more than just investigating MDxHealth SA ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MDxHealth SA ADR is a good investment. Please check the relationship between MDxHealth Common Stock Shares Outstanding and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDxHealth SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Common Stock Shares Outstanding vs Intangible Assets
Common Stock Shares Outstanding vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MDxHealth SA ADR Common Stock Shares Outstanding account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MDxHealth's Common Stock Shares Outstanding and Intangible Assets is 0.88. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of MDxHealth SA ADR, assuming nothing else is changed. The correlation between historical values of MDxHealth's Common Stock Shares Outstanding and Intangible 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 Common Stock Shares Outstanding of MDxHealth SA ADR are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., MDxHealth's Common Stock Shares Outstanding and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from MDxHealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MDxHealth SA ADR 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 MDxHealth SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. As of now, MDxHealth's Selling General Administrative is increasing as compared to previous years. The MDxHealth's current Tax Provision is estimated to increase to about 134.4 K, while Issuance Of Capital Stock is projected to decrease to under 39.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.9M | 6.1M | 5.6M | 5.9M | Depreciation And Amortization | 3.0M | 4.9M | 6.9M | 7.2M |
MDxHealth fundamental ratios Correlations
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MDxHealth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MDxHealth fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 40.6M | 31.9M | 75.1M | 119.1M | 129.1M | 135.6M | |
| Short Long Term Debt Total | 11.0M | 15.9M | 15.6M | 39.8M | 41.3M | 43.3M | |
| Other Current Liab | 909K | 4.1M | 3.7M | 6.3M | 8.6M | 9.0M | |
| Total Current Liabilities | 10.4M | 13.0M | 16.4M | 18.3M | 19.5M | 10.0M | |
| Total Stockholder Equity | 19.7M | 5.8M | 46.9M | 9.3M | 7.2M | 6.8M | |
| Property Plant And Equipment Net | 2.5M | 3.7M | 5.0M | 7.9M | 9.9M | 10.4M | |
| Net Debt | (11.0M) | (82K) | (42.9M) | 24.3M | 18.9M | 19.8M | |
| Retained Earnings | (186.6M) | (215.3M) | (244.3M) | (288.3M) | (331.4M) | (314.9M) | |
| Cash | 22.1M | 16.0M | 58.5M | 15.5M | 22.4M | 27.4M | |
| Non Current Assets Total | 9.7M | 8.8M | 8.5M | 90.0M | 91.0M | 95.5M | |
| Cash And Short Term Investments | 22.1M | 16.0M | 58.5M | 15.5M | 22.4M | 27.4M | |
| Common Stock Shares Outstanding | 6.3M | 8.3M | 12.2M | 15.9M | 25.9M | 27.2M | |
| Liabilities And Stockholders Equity | 40.6M | 31.9M | 75.1M | 119.1M | 129.1M | 135.6M | |
| Non Current Liabilities Total | 10.5M | 13.0M | 11.7M | 91.5M | 102.4M | 107.5M | |
| Other Stockholder Equity | 141.8M | 144.4M | 136.3M | 153.2M | 176.2M | 185.0M | |
| Total Liab | 20.9M | 26.0M | 28.2M | 109.8M | 121.9M | 128.0M | |
| Total Current Assets | 30.9M | 23.1M | 66.6M | 29.1M | 38.2M | 37.6M | |
| Short Term Debt | 1.2M | 3.6M | 5.3M | 1.8M | 2.1M | 1.2M | |
| Intangible Assets | 7.3M | 5.1M | 3.4M | 46.2M | 44.3M | 46.6M | |
| Common Stock | 62.8M | 76.7M | 128.5M | 133.5M | 173.9M | 182.6M | |
| Accounts Payable | 5.0M | 5.3M | 7.5M | 10.2M | 8.8M | 6.5M | |
| Current Deferred Revenue | 3.3M | 3.2M | 2.7M | 472K | 424.8K | 403.6K | |
| Net Receivables | 6.7M | 3.9M | 4.8M | 9.4M | 11.3M | 10.8M | |
| Inventory | 1.2M | 2.3M | 1.9M | 2.3M | 2.8M | 1.7M | |
| Accumulated Other Comprehensive Income | (918K) | (1.3M) | (1.0M) | (444K) | 11.5M | 12.1M | |
| Net Tangible Assets | 12.5M | 791K | 43.5M | (72.8M) | (65.5M) | (62.2M) | |
| Net Invested Capital | 29.3M | 18.9M | 59.0M | 44.8M | 43.4M | 45.8M | |
| Net Working Capital | 20.5M | 10.1M | 50.2M | 10.9M | 18.6M | 19.8M | |
| Property Plant Equipment | 2.5M | 3.7M | 5.0M | 7.9M | 9.1M | 9.5M | |
| Long Term Debt | 9.1M | 10.3M | 7.7M | 34.9M | 35.6M | 17.9M | |
| Capital Lease Obligations | 1.4M | 2.8M | 3.5M | 4.3M | 5.1M | 3.2M | |
| Short Long Term Debt | 565K | 2.8M | 4.4M | 616K | 643K | 610.9K | |
| Capital Stock | 62.8M | 76.7M | 128.5M | 133.5M | 173.9M | 115.4M |
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When determining whether MDxHealth SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MDxHealth'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 Mdxhealth Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mdxhealth Sa Adr Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDxHealth SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Biotechnology 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 MDxHealth. If investors know MDxHealth 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 MDxHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 3.099 | Quarterly Revenue Growth 0.205 | Return On Assets (0.11) | Return On Equity (2.41) |
The market value of MDxHealth SA ADR is measured differently than its book value, which is the value of MDxHealth that is recorded on the company's balance sheet. Investors also form their own opinion of MDxHealth's value that differs from its market value or its book value, called intrinsic value, which is MDxHealth'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 MDxHealth's market value can be influenced by many factors that don't directly affect MDxHealth'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 MDxHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if MDxHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDxHealth'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.