Streamline Average Inventory vs Roic Analysis

STRM Stock  USD 2.62  0.16  5.76%   
Streamline Health financial indicator trend analysis is much more than just breaking down Streamline Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Streamline Health is a good investment. Please check the relationship between Streamline Health Average Inventory and its Roic accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Streamline Health Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Average Inventory vs Roic

Average Inventory vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Streamline Health Average Inventory account and Roic. At this time, the significance of the direction appears to have strong relationship.
The correlation between Streamline Health's Average Inventory and Roic is 0.72. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Roic in the same time period over historical financial statements of Streamline Health Solutions, assuming nothing else is changed. The correlation between historical values of Streamline Health's Average Inventory and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Streamline Health Solutions are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Average Inventory i.e., Streamline Health's Average Inventory and Roic go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Streamline Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Streamline 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 Streamline Health Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.47, while Selling General Administrative is likely to drop about 8.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue17.4M24.9M22.6M19.1M
Depreciation And Amortization3.6M4.9M4.9M2.9M

Streamline Health fundamental ratios Correlations

0.830.580.860.950.31-0.2-0.310.290.960.390.750.440.81-0.380.450.910.85-0.070.80.8-0.030.620.060.60.23
0.830.550.750.650.40.22-0.160.430.80.330.780.090.86-0.370.270.90.71-0.090.580.580.140.520.290.870.18
0.580.550.540.6-0.420.22-0.39-0.130.640.520.540.560.350.020.510.470.33-0.090.260.26-0.51-0.070.480.540.62
0.860.750.540.760.210.01-0.380.340.860.380.710.320.64-0.350.450.870.660.250.530.53-0.170.350.040.430.19
0.950.650.60.760.17-0.33-0.410.110.930.470.620.620.64-0.240.550.760.78-0.070.780.78-0.150.520.060.420.34
0.310.4-0.420.210.17-0.070.30.460.26-0.220.19-0.10.47-0.46-0.290.40.34-0.110.290.290.840.66-0.180.29-0.53
-0.20.220.220.01-0.33-0.07-0.30.02-0.070.350.01-0.25-0.030.270.23-0.02-0.390.02-0.57-0.57-0.07-0.510.560.230.38
-0.31-0.16-0.39-0.38-0.410.3-0.30.26-0.45-0.880.04-0.29-0.01-0.35-0.97-0.180.01-0.130.00.00.580.34-0.280.14-0.85
0.290.43-0.130.340.110.460.020.260.17-0.210.48-0.420.5-0.59-0.230.480.440.190.330.330.470.53-0.010.41-0.27
0.960.80.640.860.930.26-0.07-0.450.170.510.610.570.73-0.310.550.860.67-0.070.620.62-0.10.480.180.550.34
0.390.330.520.380.47-0.220.35-0.88-0.210.510.120.340.090.240.890.230.070.010.060.06-0.38-0.330.640.150.85
0.750.780.540.710.620.190.010.040.480.610.120.10.71-0.350.10.780.820.00.620.620.010.430.150.680.01
0.440.090.560.320.62-0.1-0.25-0.29-0.420.570.340.10.060.130.370.190.12-0.110.160.16-0.270.020.17-0.010.25
0.810.860.350.640.640.47-0.03-0.010.50.730.090.710.06-0.530.110.940.78-0.350.690.690.210.740.050.77-0.03
-0.38-0.370.02-0.35-0.24-0.460.27-0.35-0.59-0.310.24-0.350.13-0.530.34-0.51-0.420.32-0.43-0.43-0.55-0.670.07-0.50.37
0.450.270.510.450.55-0.290.23-0.97-0.230.550.890.10.370.110.340.270.160.120.160.16-0.58-0.240.29-0.030.88
0.910.90.470.870.760.4-0.02-0.180.480.860.230.780.190.94-0.510.270.8-0.110.690.690.060.640.050.690.06
0.850.710.330.660.780.34-0.390.010.440.670.070.820.120.78-0.420.160.8-0.060.950.950.10.74-0.170.56-0.02
-0.07-0.09-0.090.25-0.07-0.110.02-0.130.19-0.070.010.0-0.11-0.350.320.12-0.11-0.06-0.11-0.11-0.24-0.25-0.23-0.380.0
0.80.580.260.530.780.29-0.570.00.330.620.060.620.160.69-0.430.160.690.95-0.111.00.090.78-0.260.470.01
0.80.580.260.530.780.29-0.570.00.330.620.060.620.160.69-0.430.160.690.95-0.111.00.090.78-0.260.470.01
-0.030.14-0.51-0.17-0.150.84-0.070.580.47-0.1-0.380.01-0.270.21-0.55-0.580.060.1-0.240.090.090.52-0.010.29-0.59
0.620.52-0.070.350.520.66-0.510.340.530.48-0.330.430.020.74-0.67-0.240.640.74-0.250.780.780.52-0.390.49-0.4
0.060.290.480.040.06-0.180.56-0.28-0.010.180.640.150.170.050.070.290.05-0.17-0.23-0.26-0.26-0.01-0.390.440.49
0.60.870.540.430.420.290.230.140.410.550.150.68-0.010.77-0.5-0.030.690.56-0.380.470.470.290.490.440.09
0.230.180.620.190.34-0.530.38-0.85-0.270.340.850.010.25-0.030.370.880.06-0.020.00.010.01-0.59-0.40.490.09
Click cells to compare fundamentals

Streamline Health Account Relationship Matchups

Streamline Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.7M26.0M61.8M61.5M41.7M32.0M
Short Long Term Debt Total3.8M2.7M10.1M9.7M10.6M6.0M
Other Current Liab2.5M1.5M6.0M6.7M3.6M2.8M
Total Current Liabilities15.6M7.4M13.5M16.8M13.7M10.2M
Total Stockholder Equity16.0M17.5M34.0M35.5M18.8M15.7M
Property Plant And Equipment Net152K495K341K111K88K83.6K
Net Debt2.2M312K256K3.2M7.4M7.7M
Retained Earnings(79.4M)(79.1M)(85.7M)(97.0M)(115.7M)(109.9M)
Accounts Payable1.3M272K778K626K1.3M1.1M
Non Current Assets Total25.1M18.7M46.7M45.5M32.9M19.3M
Non Currrent Assets Other695K886K948K1.7M1.7M1.2M
Net Receivables4.0M3.1M4.7M8.7M5.0M5.1M
Common Stock Shares Outstanding22.7M30.2M42.8M49.3M3.8M3.6M
Liabilities And Stockholders Equity31.7M26.0M61.8M61.5M41.7M32.0M
Non Current Liabilities Total55K1.1M14.3M9.2M9.2M6.8M
Other Current Assets919K1.8M568K710K629K1.2M
Other Stockholder Equity95.1M96.3M119.2M132.0M133.9M140.6M
Total Liab15.6M8.5M27.8M26.0M22.9M16.6M
Total Current Assets6.6M7.3M15.1M16.0M8.8M12.7M
Short Term Debt3.8M1.7M454K785K1.5M1.2M
Cash1.6M2.4M9.9M6.6M3.2M5.6M
Cash And Short Term Investments1.6M2.4M9.9M6.6M3.2M5.6M
Property Plant And Equipment Gross152K495K341K357K379K360.1K
Other Liab55K130K4.6M271K311.7K296.1K
Other Assets695K886K948K1.7M1.5M1.0M
Common Stock Total Equity208K305K316K576K662.4K695.5K
Common Stock305K316K478K576K590K619.5K
Property Plant Equipment152K104K341K5.9M6.8M7.2M
Current Deferred Revenue8.0M3.9M5.8M8.4M7.1M6.8M
Intangible Assets8.7M6.6M22.3M20.6M17.9M13.0M
Inventory1.3M901K1.4M1.00.90.86
Net Tangible Assets(8.2M)208K(11.4M)(2.4M)(2.7M)(2.9M)
Retained Earnings Total Equity(76.6M)(79.4M)(79.1M)(97.0M)(87.3M)(91.7M)
Long Term Debt Total3.9M3.4M989K9.0M8.1M5.4M
Capital Surpluse82.5M95.1M96.3M132.0M151.8M89.1M
Deferred Long Term Liab55K130K806K167K150.3K142.8K

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When determining whether Streamline Health is a strong investment it is important to analyze Streamline Health's 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 Streamline Health's future performance. For an informed investment choice regarding Streamline 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 Streamline Health Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Health Care Technology 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 Streamline Health. If investors know Streamline 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 Streamline Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
12.131
Earnings Share
(4.80)
Revenue Per Share
5.249
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.11)
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline 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 Streamline Health's market value can be influenced by many factors that don't directly affect Streamline 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 Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline 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.