Beauty Other Non Cash Items vs Stock Based Compensation Analysis

SKIN Stock  USD 1.65  0.04  2.48%   
Beauty Health financial indicator trend analysis is way more than just evaluating Beauty Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beauty Health is a good investment. Please check the relationship between Beauty Health Other Non Cash Items and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Beauty Health Co. 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.

Other Non Cash Items vs Stock Based Compensation

Other Non Cash Items vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beauty Health Other Non Cash Items account and Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beauty Health's Other Non Cash Items and Stock Based Compensation is 0.2. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Beauty Health Co, assuming nothing else is changed. The correlation between historical values of Beauty Health's Other Non Cash Items 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 Other Non Cash Items of Beauty Health Co 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 Other Non Cash Items i.e., Beauty Health's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

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 Beauty Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beauty Health 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Beauty Health Co. 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.
At this time, Beauty Health's Selling General Administrative is very stable compared to the past year. As of the 5th of January 2025, Enterprise Value is likely to grow to about 811.9 M, while Tax Provision is likely to drop (3.4 M).
 2022 2023 2024 2025 (projected)
Interest Expense13.4M13.6M12.3M11.6M
Depreciation And Amortization22.0M34.7M39.9M41.9M

Beauty Health fundamental ratios Correlations

0.270.30.240.360.16-0.020.220.32-0.580.14-0.240.280.220.370.320.250.290.220.350.320.280.310.390.290.27
0.270.980.720.870.870.710.980.99-0.17-0.4-0.970.860.990.930.850.840.980.990.910.940.990.990.820.821.0
0.30.980.810.930.770.570.930.98-0.29-0.23-0.980.930.950.970.930.91.00.950.940.971.00.990.90.890.98
0.240.720.810.860.360.180.650.74-0.570.21-0.850.880.650.870.90.970.810.650.760.880.780.750.850.980.72
0.360.870.930.860.530.390.790.85-0.420.0-0.910.990.820.970.950.870.930.820.810.950.910.870.860.90.88
0.160.870.770.360.530.910.930.850.11-0.76-0.770.510.910.640.50.540.770.910.740.680.810.840.510.520.86
-0.020.710.570.180.390.910.820.630.39-0.92-0.60.370.790.470.260.310.580.790.430.50.640.630.190.330.7
0.220.980.930.650.790.930.820.95-0.08-0.55-0.940.780.990.860.750.770.930.990.840.880.960.950.710.770.98
0.320.990.980.740.850.850.630.95-0.28-0.32-0.960.840.970.920.870.860.980.970.970.940.981.00.880.840.98
-0.58-0.17-0.29-0.57-0.420.110.39-0.08-0.28-0.590.28-0.35-0.07-0.41-0.46-0.49-0.27-0.07-0.41-0.36-0.22-0.26-0.56-0.54-0.17
0.14-0.4-0.230.210.0-0.76-0.92-0.55-0.32-0.590.260.03-0.51-0.090.130.06-0.24-0.51-0.13-0.13-0.31-0.310.160.05-0.39
-0.24-0.97-0.98-0.85-0.91-0.77-0.6-0.94-0.960.280.26-0.91-0.95-0.94-0.9-0.92-0.98-0.95-0.9-0.95-0.98-0.97-0.86-0.92-0.97
0.280.860.930.880.990.510.370.780.84-0.350.03-0.910.810.960.960.890.930.810.80.950.910.870.870.90.87
0.220.990.950.650.820.910.790.990.97-0.07-0.51-0.950.810.880.790.770.961.00.870.90.970.970.750.770.99
0.370.930.970.870.970.640.470.860.92-0.41-0.09-0.940.960.880.940.910.960.880.880.990.950.930.890.930.93
0.320.850.930.90.950.50.260.750.87-0.460.13-0.90.960.790.940.940.930.790.90.940.90.890.970.910.86
0.250.840.90.970.870.540.310.770.86-0.490.06-0.920.890.770.910.940.90.770.890.930.880.870.920.980.83
0.290.981.00.810.930.770.580.930.98-0.27-0.24-0.980.930.960.960.930.90.960.940.971.00.990.90.880.99
0.220.990.950.650.820.910.790.990.97-0.07-0.51-0.950.811.00.880.790.770.960.870.90.970.970.750.770.99
0.350.910.940.760.810.740.430.840.97-0.41-0.13-0.90.80.870.880.90.890.940.870.90.930.960.950.840.91
0.320.940.970.880.950.680.50.880.94-0.36-0.13-0.950.950.90.990.940.930.970.90.90.960.940.890.930.94
0.280.991.00.780.910.810.640.960.98-0.22-0.31-0.980.910.970.950.90.881.00.970.930.960.990.870.861.0
0.310.990.990.750.870.840.630.951.0-0.26-0.31-0.970.870.970.930.890.870.990.970.960.940.990.880.840.99
0.390.820.90.850.860.510.190.710.88-0.560.16-0.860.870.750.890.970.920.90.750.950.890.870.880.880.82
0.290.820.890.980.90.520.330.770.84-0.540.05-0.920.90.770.930.910.980.880.770.840.930.860.840.880.83
0.271.00.980.720.880.860.70.980.98-0.17-0.39-0.970.870.990.930.860.830.990.990.910.941.00.990.820.83
Click cells to compare fundamentals

Beauty Health Account Relationship Matchups

Beauty Health fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding34.3M102.1M148.5M131.7M151.4M105.3M
Total Assets222.8M1.2B1.0B929.1M1.1B793.3M
Short Long Term Debt Total216.5M733.6M751.8M752.3M865.1M581.7M
Other Current Liab9.0M3.7M37.3M62.9M72.3M75.9M
Total Current Liabilities30.9M76.4M73.1M115.0M132.3M73.3M
Total Stockholder Equity(30.0M)302.3M171.5M59.4M68.3M110.4M
Property Plant And Equipment Net9.2M31.2M33.8M26.3M30.3M24.5M
Net Debt207.1M(172.0M)183.6M229.3M263.7M138.7M
Retained Earnings(43.6M)(418.7M)(374.3M)(478.9M)(431.0M)(409.4M)
Accounts Payable18.5M29.0M28.5M44.8M51.5M29.7M
Cash9.5M901.9M568.2M523.0M601.5M442.2M
Non Current Assets Total163.7M217.9M219.8M230.9M265.5M221.0M
Non Currrent Assets Other4.8M6.7M14.2M16.0M18.4M9.7M
Long Term Debt216.0M729.9M734.1M738.4M849.1M571.8M
Cash And Short Term Investments9.5M901.9M568.2M523.0M601.5M442.2M
Net Receivables23.2M51.4M83.8M55.0M63.3M52.2M
Good Will98.5M123.7M124.6M125.8M144.7M125.7M
Liabilities And Stockholders Equity222.8M1.2B1.0B929.1M1.1B793.3M
Non Current Liabilities Total221.9M840.1M764.3M754.7M867.9M609.6M
Capital Lease Obligations0.016.5M17.6M13.9M16.0M10.7M
Inventory23.2M35.3M116.4M91.3M105.0M62.8M
Other Current Assets3.2M12.3M21.6M28.9M33.2M34.9M
Other Stockholder Equity14.0M722.3M550.3M541.3M622.5M405.0M
Total Liab252.8M916.5M837.4M869.7M1.0B682.9M
Net Invested Capital381.5M1.0B905.6M797.8M917.4M727.2M
Property Plant And Equipment Gross13.6M31.2M33.8M46.3M53.2M30.3M
Total Current Assets59.1M1.0B789.1M698.3M803.0M572.3M
Accumulated Other Comprehensive Income242K(1.3M)(4.5M)(3.0M)(2.7M)(2.9M)
Capital Stock4K16K14K12K13.8K10.1K
Non Current Liabilities Other65.6M12.8M28.2M2.8M2.5M2.4M
Net Working Capital3.1M924.5M716.0M583.2M670.7M493.5M
Short Term Debt512K3.7M5.0M4.6M4.1M3.6M
Intangible Assets50.9M56.0M46.4M62.1M55.9M44.1M

Pair Trading with Beauty Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beauty Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beauty Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Beauty Stock

  0.57PG Procter GamblePairCorr
  0.48HNST Honest CompanyPairCorr
  0.46YSG Yatsen Holding Downward RallyPairCorr
  0.46IPAR Inter ParfumsPairCorr
  0.42CENTA Central Garden PetPairCorr
The ability to find closely correlated positions to Beauty Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beauty Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beauty Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beauty Health Co to buy it.
The correlation of Beauty Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beauty Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beauty Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Beauty Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Beauty Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beauty Health'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 Beauty Health Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beauty Health Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Beauty Health Co. 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.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Personal Care Products 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 Beauty Health. If investors know Beauty 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 Beauty Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
2.783
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.06)
Return On Equity
(0.38)
The market value of Beauty Health is measured differently than its book value, which is the value of Beauty that is recorded on the company's balance sheet. Investors also form their own opinion of Beauty Health's value that differs from its market value or its book value, called intrinsic value, which is Beauty Health'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 Beauty Health's market value can be influenced by many factors that don't directly affect Beauty Health'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 Beauty Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beauty Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beauty Health'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.