Orthofix Change To Netincome vs Cash Flows Other Operating Analysis

OFIX Stock  USD 18.61  0.29  1.58%   
Orthofix Medical financial indicator trend analysis is much more than just breaking down Orthofix Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orthofix Medical is a good investment. Please check the relationship between Orthofix Medical Change To Netincome and its Cash Flows Other Operating accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.

Change To Netincome vs Cash Flows Other Operating

Change To Netincome vs Cash Flows Other Operating Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Change To Netincome account and Cash Flows Other Operating. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orthofix Medical's Change To Netincome and Cash Flows Other Operating is -0.25. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Cash Flows Other Operating in the same time period over historical financial statements of Orthofix Medical, assuming nothing else is changed. The correlation between historical values of Orthofix Medical's Change To Netincome and Cash Flows Other Operating is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Orthofix Medical are associated (or correlated) with its Cash Flows Other Operating. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flows Other Operating has no effect on the direction of Change To Netincome i.e., Orthofix Medical's Change To Netincome and Cash Flows Other Operating go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Cash Flows Other Operating

Most indicators from Orthofix Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orthofix Medical 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.At this time, Orthofix Medical's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.25 in 2025, whereas Selling General Administrative is likely to drop slightly above 87.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit337.2M486.3M559.2M587.2M
Total Revenue460.7M746.6M858.6M901.6M

Orthofix Medical fundamental ratios Correlations

0.950.580.890.850.971.00.57-0.830.99-0.090.970.19-0.140.410.620.990.360.990.820.910.870.210.730.660.99
0.950.740.880.950.970.950.69-0.70.95-0.040.980.18-0.090.630.780.960.580.940.940.850.960.430.760.710.93
0.580.740.480.840.560.60.92-0.470.59-0.280.70.22-0.320.790.960.620.870.560.90.50.740.860.580.420.58
0.890.880.480.840.910.880.34-0.620.850.270.90.280.230.370.550.860.320.870.760.760.810.140.70.750.84
0.850.950.840.840.860.860.75-0.630.860.010.930.31-0.030.660.850.870.720.840.980.770.920.630.730.660.83
0.970.970.560.910.860.960.53-0.70.960.00.950.09-0.040.530.630.970.40.960.820.870.930.210.730.760.94
1.00.950.60.880.860.960.59-0.850.99-0.090.970.22-0.140.410.640.990.360.990.830.920.860.230.760.650.99
0.570.690.920.340.750.530.59-0.490.59-0.570.650.1-0.60.70.850.620.820.550.840.510.70.810.450.220.6
-0.83-0.7-0.47-0.62-0.63-0.7-0.85-0.49-0.850.16-0.8-0.420.21-0.08-0.48-0.82-0.09-0.87-0.62-0.9-0.52-0.19-0.75-0.37-0.87
0.990.950.590.850.860.960.990.59-0.85-0.080.970.24-0.130.440.640.990.350.990.830.950.860.260.780.660.99
-0.09-0.04-0.280.270.010.0-0.09-0.570.16-0.08-0.030.31.0-0.16-0.16-0.11-0.25-0.06-0.11-0.05-0.07-0.190.180.31-0.15
0.970.980.70.90.930.950.970.65-0.80.97-0.030.29-0.070.510.750.970.480.970.910.880.890.380.810.660.96
0.190.180.220.280.310.090.220.1-0.420.240.30.290.29-0.180.250.210.020.220.290.280.010.230.390.020.2
-0.14-0.09-0.320.23-0.03-0.04-0.14-0.60.21-0.131.0-0.070.29-0.19-0.21-0.16-0.26-0.11-0.15-0.1-0.11-0.20.130.27-0.2
0.410.630.790.370.660.530.410.7-0.080.44-0.160.51-0.18-0.190.810.480.810.390.70.320.750.660.460.610.37
0.620.780.960.550.850.630.640.85-0.480.64-0.160.750.25-0.210.810.670.790.610.910.520.770.770.720.540.61
0.990.960.620.860.870.970.990.62-0.820.99-0.110.970.21-0.160.480.670.40.990.850.920.890.270.760.660.98
0.360.580.870.320.720.40.360.82-0.090.35-0.250.480.02-0.260.810.790.40.320.760.240.690.850.220.320.33
0.990.940.560.870.840.960.990.55-0.870.99-0.060.970.22-0.110.390.610.990.320.810.940.840.210.780.660.99
0.820.940.90.760.980.820.830.84-0.620.83-0.110.910.29-0.150.70.910.850.760.810.720.910.690.710.570.81
0.910.850.50.760.770.870.920.51-0.90.95-0.050.880.28-0.10.320.520.920.240.940.720.740.240.770.630.92
0.870.960.740.810.920.930.860.7-0.520.86-0.070.890.01-0.110.750.770.890.690.840.910.740.470.640.740.83
0.210.430.860.140.630.210.230.81-0.190.26-0.190.380.23-0.20.660.770.270.850.210.690.240.470.330.130.22
0.730.760.580.70.730.730.760.45-0.750.780.180.810.390.130.460.720.760.220.780.710.770.640.330.670.73
0.660.710.420.750.660.760.650.22-0.370.660.310.660.020.270.610.540.660.320.660.570.630.740.130.670.59
0.990.930.580.840.830.940.990.6-0.870.99-0.150.960.2-0.20.370.610.980.330.990.810.920.830.220.730.59
Click cells to compare fundamentals

Orthofix Medical Account Relationship Matchups

Orthofix Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding19.4M19.7M20.1M36.7M42.2M44.4M
Total Assets525.9M476.6M458.6M925.3M1.1B1.1B
Short Long Term Debt Total24.9M22.5M19.9M134.2M154.3M89.0M
Other Current Liab72.7M70.3M47.2M93.8M107.9M113.3M
Total Current Liabilities103.9M105.8M83.6M165.2M190.0M199.5M
Total Stockholder Equity356.9M336.9M336.9M598.7M688.5M723.0M
Property Plant And Equipment Net63.6M59.3M58.2M159.1M182.9M192.1M
Net Debt(71.4M)(65.4M)(30.8M)96.4M86.8M91.1M
Retained Earnings59.4M21M1.3M(150.1M)(135.1M)(128.4M)
Accounts Payable23.1M26.5M27.6M58.4M67.1M70.5M
Cash96.3M87.8M50.7M37.8M43.4M39.8M
Non Current Assets Total255.5M207.1M202.6M504.9M580.6M609.6M
Non Currrent Assets Other17.3M16.7M25.7M33.4M30.0M31.6M
Cash And Short Term Investments96.3M87.8M50.7M33.1M38.1M39.7M
Net Receivables72.4M78.6M82.9M128.1M147.3M79.5M
Liabilities And Stockholders Equity525.9M476.6M458.6M925.3M1.1B1.1B
Non Current Liabilities Total65.1M33.9M38.1M161.4M185.6M92.9M
Inventory84.6M83.0M100.2M222.2M255.5M268.3M
Other Current Assets17.0M20.1M22.3M37.1M42.6M44.8M
Other Stockholder Equity292.3M314.0M335.0M746.5M858.4M901.3M
Total Liab169.0M139.7M121.8M326.6M375.6M394.4M
Property Plant And Equipment Gross63.6M242.2M221.2M347.7M399.8M419.8M
Total Current Assets270.4M269.5M256.0M420.4M483.5M507.7M
Accumulated Other Comprehensive Income(3.0M)3.3M(1.4M)(1.3M)(1.5M)(1.4M)
Short Term Debt2.6M4.4M2.3M5.4M4.9M4.8M
Intangible Assets60.5M52.7M47.4M117.5M105.7M57.1M
Common Stock Total Equity1.9M1.9M2.0M2.0M2.3M1.9M
Common Stock1.9M2.0M2.0M3.7M4.3M4.5M
Other Liab58.4M39.8M14.0M13.5M15.6M16.4M
Other Assets41.0M47.3M23.9M12.8M14.8M28.8M
Good Will71.2M84.0M71.3M194.9M175.4M98.1M
Property Plant Equipment62.7M63.6M59.3M58.2M67.0M43.5M
Net Tangible Assets202.3M212.3M213.0M218.2M250.9M234.7M
Retained Earnings Total Equity57.7M59.4M21M1.3M1.1M1.1M
Capital Surpluse271.0M292.3M314.0M335.0M385.2M280.6M

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