Neuronetics Other Current Liab vs Non Currrent Assets Other Analysis

STIM Stock  USD 0.96  0.01  1.05%   
Neuronetics financial indicator trend analysis is infinitely more than just investigating Neuronetics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neuronetics is a good investment. Please check the relationship between Neuronetics Other Current Liab and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Neuronetics. 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.
To learn how to invest in Neuronetics Stock, please use our How to Invest in Neuronetics guide.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neuronetics Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Neuronetics' Other Current Liab and Non Currrent Assets Other is 0.52. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Neuronetics, assuming nothing else is changed. The correlation between historical values of Neuronetics' Other Current Liab and Non Currrent Assets Other 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 Current Liab of Neuronetics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Neuronetics' Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Neuronetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neuronetics 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 Neuronetics. 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.
To learn how to invest in Neuronetics Stock, please use our How to Invest in Neuronetics guide.As of the 28th of November 2024, Selling General Administrative is likely to drop to about 19.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2023 2024 (projected)
Depreciation And Amortization2.0M1.4M
Interest Income4.2M3.3M

Neuronetics fundamental ratios Correlations

0.610.670.590.970.610.970.810.86-0.73-0.820.880.960.850.830.50.70.960.740.940.920.61-0.940.960.80.79
0.610.620.330.520.640.550.550.58-0.13-0.710.710.490.630.510.140.850.490.720.650.650.74-0.450.630.680.72
0.670.620.880.630.280.650.70.43-0.27-0.770.50.550.620.52-0.050.490.550.860.730.750.34-0.620.710.840.68
0.590.330.880.610.220.610.760.42-0.32-0.640.430.50.580.520.00.180.50.660.640.70.11-0.650.640.680.52
0.970.520.630.610.61.00.820.85-0.72-0.810.880.950.810.780.410.650.950.70.940.910.63-0.990.960.730.77
0.610.640.280.220.60.580.370.86-0.61-0.350.730.690.340.350.210.460.690.210.470.440.8-0.570.510.240.33
0.970.550.650.611.00.580.830.83-0.67-0.850.90.930.830.780.380.690.940.730.960.920.64-0.980.960.750.82
0.810.550.70.760.820.370.830.64-0.37-0.850.750.650.940.880.440.570.670.790.870.960.38-0.830.880.850.79
0.860.580.430.420.850.860.830.64-0.76-0.620.820.910.640.70.520.50.910.390.750.70.72-0.810.740.510.58
-0.73-0.13-0.27-0.32-0.72-0.61-0.67-0.37-0.760.23-0.57-0.86-0.38-0.47-0.48-0.2-0.86-0.17-0.47-0.47-0.370.71-0.61-0.29-0.17
-0.82-0.71-0.77-0.64-0.81-0.35-0.85-0.85-0.620.23-0.74-0.67-0.87-0.78-0.26-0.76-0.68-0.88-0.96-0.91-0.570.77-0.85-0.89-0.98
0.880.710.50.430.880.730.90.750.82-0.57-0.740.850.770.670.370.80.850.650.860.830.69-0.850.870.60.77
0.960.490.550.50.950.690.930.650.91-0.86-0.670.850.680.70.460.571.00.550.840.780.61-0.910.860.610.64
0.850.630.620.580.810.340.830.940.64-0.38-0.870.770.680.960.610.720.690.820.890.960.43-0.780.90.90.84
0.830.510.520.520.780.350.780.880.7-0.47-0.780.670.70.960.770.580.710.660.820.890.39-0.740.830.850.74
0.50.14-0.050.00.410.210.380.440.52-0.48-0.260.370.460.610.770.240.470.110.360.430.08-0.340.410.380.27
0.70.850.490.180.650.460.690.570.5-0.2-0.760.80.570.720.580.240.570.80.760.740.71-0.580.760.70.82
0.960.490.550.50.950.690.940.670.91-0.86-0.680.851.00.690.710.470.570.550.840.780.62-0.910.870.620.64
0.740.720.860.660.70.210.730.790.39-0.17-0.880.650.550.820.660.110.80.550.840.880.45-0.680.850.930.85
0.940.650.730.640.940.470.960.870.75-0.47-0.960.860.840.890.820.360.760.840.840.950.61-0.910.940.860.94
0.920.650.750.70.910.440.920.960.7-0.47-0.910.830.780.960.890.430.740.780.880.950.54-0.90.970.910.86
0.610.740.340.110.630.80.640.380.72-0.37-0.570.690.610.430.390.080.710.620.450.610.54-0.60.60.430.56
-0.94-0.45-0.62-0.65-0.99-0.57-0.98-0.83-0.810.710.77-0.85-0.91-0.78-0.74-0.34-0.58-0.91-0.68-0.91-0.9-0.6-0.94-0.69-0.71
0.960.630.710.640.960.510.960.880.74-0.61-0.850.870.860.90.830.410.760.870.850.940.970.6-0.940.860.81
0.80.680.840.680.730.240.750.850.51-0.29-0.890.60.610.90.850.380.70.620.930.860.910.43-0.690.860.83
0.790.720.680.520.770.330.820.790.58-0.17-0.980.770.640.840.740.270.820.640.850.940.860.56-0.710.810.83
Click cells to compare fundamentals

Neuronetics Account Relationship Matchups

Neuronetics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets100.2M78.7M141.2M116.9M115.8M100.9M
Short Long Term Debt Total34.3M38.3M39.5M39.7M62.5M44.7M
Other Current Liab9.0M6.0M6.9M13.4M10.9M9.3M
Total Current Liabilities27.7M13.7M15.7M33.2M19.8M20.5M
Total Stockholder Equity47.9M25.5M85.2M57.1M34.2M35.9M
Other Liab2.1M1.7M1.5M829K746.1K1.2M
Net Tangible Assets46.7M25.5M85.2M57.1M65.6M68.9M
Property Plant And Equipment Net4.9M4.1M5.1M5.3M4.8M3.9M
Current Deferred Revenue2.2M2.0M2.5M2.0M1.6M2.2M
Net Debt(41.4M)(10.6M)(54.6M)(30.6M)2.8M2.9M
Retained Earnings(250.1M)(277.5M)(308.7M)(345.9M)(376.1M)(394.9M)
Accounts Payable4.6M3.7M4.3M2.4M4.8M3.8M
Cash75.7M49.0M94.1M70.3M59.7M68.7M
Non Current Assets Total11.7M13.6M25.9M18.1M22.0M13.4M
Non Currrent Assets Other5.1M7.2M19.1M11.6M8.6M7.4M
Other Assets5.6M12.9M167.1M9.2M1.00.95
Long Term Debt19.9M34.6M35.3M22.8M59.3M34.0M
Cash And Short Term Investments76.6M50.8M96.3M71.9M60.6M69.7M
Net Receivables6.6M7.2M7.8M13.8M17.8M9.2M
Common Stock Total Equity177K186K191K273K314.0K329.6K
Common Stock Shares Outstanding18.4M18.8M25.5M26.9M28.7M17.5M
Long Term Debt Total30.4M19.9M34.6M22.8M26.3M28.2M
Liabilities And Stockholders Equity100.2M78.7M141.2M116.9M115.8M100.9M
Non Current Liabilities Total24.6M39.5M40.3M26.6M61.8M63.4M
Capital Surpluse291.9M297.8M302.8M402.7M463.1M238.9M
Inventory2.8M3.7M6.6M8.9M8.1M5.0M
Other Current Assets2.5M3.3M4.6M4.2M7.3M7.6M
Other Stockholder Equity297.8M302.8M393.6M402.7M410.0M274.4M
Total Liab52.3M53.2M56.0M59.8M81.6M78.2M
Property Plant And Equipment Gross4.9M4.1M5.1M5.3M7.6M4.3M
Total Current Assets88.5M65.0M115.3M98.8M93.8M87.4M
Common Stock186K191K264K273K291K190.6K
Property Plant Equipment4.9M730K5.1M2.0M2.3M2.7M
Net Invested Capital79M60.1M120.5M93.0M93.5M60.4M
Net Working Capital60.8M51.3M99.6M65.6M74.0M75.0M

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When determining whether Neuronetics is a strong investment it is important to analyze Neuronetics' 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 Neuronetics' future performance. For an informed investment choice regarding Neuronetics Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Neuronetics. 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.
To learn how to invest in Neuronetics Stock, please use our How to Invest in Neuronetics guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 Neuronetics. If investors know Neuronetics 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 Neuronetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.23)
Revenue Per Share
2.453
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.17)
Return On Equity
(1.00)
The market value of Neuronetics is measured differently than its book value, which is the value of Neuronetics that is recorded on the company's balance sheet. Investors also form their own opinion of Neuronetics' value that differs from its market value or its book value, called intrinsic value, which is Neuronetics' 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 Neuronetics' market value can be influenced by many factors that don't directly affect Neuronetics' 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 Neuronetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuronetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuronetics' 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.