Stereotaxis Short Term Investments vs Deferred Long Term Liab Analysis

STXS Stock  USD 2.23  0.06  2.62%   
Stereotaxis financial indicator trend analysis is much more than just breaking down Stereotaxis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stereotaxis is a good investment. Please check the relationship between Stereotaxis Short Term Investments and its Deferred Long Term Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stereotaxis. 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.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.

Short Term Investments vs Deferred Long Term Liab

Short Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stereotaxis Short Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stereotaxis' Short Term Investments and Deferred Long Term Liab is -0.12. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Stereotaxis, assuming nothing else is changed. The correlation between historical values of Stereotaxis' Short Term Investments and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Stereotaxis are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Term Investments i.e., Stereotaxis' Short Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Stereotaxis balance sheet. It contains any investments Stereotaxis undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Stereotaxis can easily liquidate in the marketplace.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Stereotaxis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stereotaxis 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 Stereotaxis. 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.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.Selling General Administrative is likely to drop to about 13.3 M in 2024. Issuance Of Capital Stock is likely to drop to about 110.2 K in 2024
 2021 2022 2023 2024 (projected)
Total Revenue35.0M28.1M26.8M34.4M
Depreciation And Amortization105.7K429K595K961.3K

Stereotaxis fundamental ratios Correlations

0.75-0.230.2-0.16-0.090.62-0.05-0.47-0.18-0.12-0.46-0.250.240.630.0-0.430.440.7-0.240.840.030.670.360.590.59
0.75-0.030.420.220.290.74-0.52-0.39-0.77-0.64-0.55-0.730.170.49-0.55-0.84-0.140.81-0.650.94-0.560.64-0.060.030.49
-0.23-0.030.740.920.91-0.64-0.060.03-0.20.11-0.09-0.07-0.57-0.41-0.550.0-0.140.110.130.06-0.22-0.61-0.26-0.15-0.45
0.20.420.740.860.86-0.08-0.17-0.24-0.45-0.2-0.33-0.39-0.160.26-0.6-0.270.040.32-0.210.41-0.42-0.10.08-0.10.2
-0.160.220.920.860.99-0.35-0.25-0.01-0.49-0.22-0.18-0.36-0.43-0.21-0.74-0.28-0.310.26-0.150.23-0.53-0.4-0.26-0.35-0.2
-0.090.290.910.860.99-0.31-0.29-0.04-0.52-0.25-0.2-0.39-0.43-0.21-0.77-0.33-0.320.32-0.180.31-0.56-0.37-0.27-0.33-0.21
0.620.74-0.64-0.08-0.35-0.31-0.4-0.24-0.48-0.59-0.37-0.520.50.72-0.09-0.62-0.050.48-0.650.58-0.320.920.140.050.78
-0.05-0.52-0.06-0.17-0.25-0.29-0.40.020.730.87-0.190.310.16-0.020.530.760.49-0.380.93-0.410.72-0.280.470.41-0.07
-0.47-0.390.03-0.24-0.01-0.04-0.240.020.140.130.180.17-0.47-0.360.090.36-0.34-0.470.17-0.440.05-0.190.03-0.35-0.23
-0.18-0.77-0.2-0.45-0.49-0.52-0.480.730.140.830.390.86-0.06-0.10.820.830.63-0.540.73-0.590.88-0.280.390.53-0.13
-0.12-0.640.11-0.2-0.22-0.25-0.590.870.130.83-0.080.57-0.08-0.230.560.850.57-0.410.92-0.460.85-0.370.350.52-0.28
-0.46-0.55-0.09-0.33-0.18-0.2-0.37-0.190.180.39-0.080.69-0.31-0.310.330.20.01-0.41-0.07-0.470.09-0.4-0.15-0.1-0.3
-0.25-0.73-0.07-0.39-0.36-0.39-0.520.310.170.860.570.69-0.27-0.220.70.650.53-0.490.4-0.540.68-0.330.190.42-0.25
0.240.17-0.57-0.16-0.43-0.430.50.16-0.47-0.06-0.08-0.31-0.270.510.21-0.050.11-0.06-0.080.04-0.060.410.36-0.050.45
0.630.49-0.410.26-0.21-0.210.72-0.02-0.36-0.1-0.23-0.31-0.220.510.14-0.20.460.22-0.350.390.00.740.510.310.96
0.0-0.55-0.55-0.6-0.74-0.77-0.090.530.090.820.560.330.70.210.140.660.57-0.530.45-0.480.79-0.010.540.520.1
-0.43-0.840.0-0.27-0.28-0.33-0.620.760.360.830.850.20.65-0.05-0.20.660.42-0.820.81-0.790.77-0.460.370.26-0.27
0.44-0.14-0.140.04-0.31-0.32-0.050.49-0.340.630.570.010.530.110.460.570.42-0.040.350.010.690.220.570.780.35
0.70.810.110.320.260.320.48-0.38-0.47-0.54-0.41-0.41-0.49-0.060.22-0.53-0.82-0.04-0.440.91-0.390.47-0.210.190.28
-0.24-0.650.13-0.21-0.15-0.18-0.650.930.170.730.92-0.070.4-0.08-0.350.450.810.35-0.44-0.510.71-0.520.280.32-0.4
0.840.940.060.410.230.310.58-0.41-0.44-0.59-0.46-0.47-0.540.040.39-0.48-0.790.010.91-0.51-0.420.55-0.040.220.39
0.03-0.56-0.22-0.42-0.53-0.56-0.320.720.050.880.850.090.68-0.060.00.790.770.69-0.390.71-0.42-0.110.290.75-0.07
0.670.64-0.61-0.1-0.4-0.370.92-0.28-0.19-0.28-0.37-0.4-0.330.410.74-0.01-0.460.220.47-0.520.55-0.110.20.210.8
0.36-0.06-0.260.08-0.26-0.270.140.470.030.390.35-0.150.190.360.510.540.370.57-0.210.28-0.040.290.20.30.49
0.590.03-0.15-0.1-0.35-0.330.050.41-0.350.530.52-0.10.42-0.050.310.520.260.780.190.320.220.750.210.30.24
0.590.49-0.450.2-0.2-0.210.78-0.07-0.23-0.13-0.28-0.3-0.250.450.960.1-0.270.350.28-0.40.39-0.070.80.490.24
Click cells to compare fundamentals

Stereotaxis Account Relationship Matchups

Stereotaxis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.6M55.5M61.0M53.4M41.9M33.6M
Total Stockholder Equity28.5M40.2M39.4M31.9M16.3M10.1M
Retained Earnings(481.3M)(488.0M)(498.7M)(517.0M)(537.7M)(564.6M)
Non Current Assets Total4.8M503.6K9.6M10.2M8.6M4.7M
Non Currrent Assets Other218.1K308.5K278.2K208K356K338.2K
Other Assets218.1K2.5M1.2M952K1.00.95
Common Stock Shares Outstanding63.1M72.7M75.6M76.1M80.7M84.7M
Liabilities And Stockholders Equity43.6M55.5M61.0M53.4M41.9M33.6M
Non Current Liabilities Total2.9M1.7M8.3M7.2M6.7M9.6M
Other Stockholder Equity504.0M522.5M(5.0B)543.2M553.9M581.6M
Total Liab15.1M15.2M21.6M21.5M20.0M32.1M
Other Current Liab2.7M3.0M2.4M2.9M3.0M5.8M
Total Current Liabilities12.2M13.6M13.3M14.3M13.2M17.1M
Other Liab809.8K680.1K2.5M1.7M2.0M1.1M
Property Plant And Equipment Net4.5M195.1K8.4M9.2M8.3M8.7M
Current Deferred Revenue5.1M5.3M6.3M7.3M6.7M6.9M
Net Debt(25.8M)(39.5M)(32.6M)(2.7M)(14.3M)(13.6M)
Accounts Payable2.1M1.6M4.2M3.3M3.2M2.8M
Cash30.2M43.9M38.7M8.6M19.8M20.7M
Cash And Short Term Investments30.2M43.9M38.7M28.4M19.8M18.2M
Net Receivables5.3M3.5M5.4M5.1M3.8M5.9M
Common Stock Total Equity68.5K73.7K74.6K75K86.3K90.6K
Inventory1.8M3.3M4.4M7.9M8.4M4.3M
Other Current Assets1.5M2.0M2.8M1.9M1.2M1.7M
Property Plant And Equipment Gross4.5M2.4M8.4M9.2M12.2M12.8M
Total Current Assets38.8M55.0M51.4M43.2M33.3M30.2M
Common Stock68.5K73.7K74.6K75K81K43.9K
Property Plant Equipment250.4K195.1K8.4M3.8M3.4M2.2M
Net Tangible Assets28.5M40.2M33.8M31.9M36.7M38.5M
Retained Earnings Total Equity(481.3M)(488.0M)(498.7M)(517.0M)(465.3M)(488.5M)
Capital Surpluse504.2M522.7M532.6M543.4M625.0M508.0M

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Additional Tools for Stereotaxis Stock Analysis

When running Stereotaxis' price analysis, check to measure Stereotaxis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.