Catheter Capital Expenditures vs Change To Netincome Analysis

VTAK Stock   0.35  0.02  5.41%   
Catheter Precision financial indicator trend analysis is way more than just evaluating Catheter Precision prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Catheter Precision is a good investment. Please check the relationship between Catheter Precision Capital Expenditures and its Change To Netincome accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Catheter Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.

Capital Expenditures vs Change To Netincome

Capital Expenditures vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Catheter Precision Capital Expenditures account and Change To Netincome. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Catheter Precision's Capital Expenditures and Change To Netincome is 0.46. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Catheter Precision, assuming nothing else is changed. The correlation between historical values of Catheter Precision's Capital Expenditures and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Catheter Precision are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Capital Expenditures i.e., Catheter Precision's Capital Expenditures and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Expenditures

Capital Expenditures are funds used by Catheter Precision to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Catheter Precision operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Netincome

Most indicators from Catheter Precision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Catheter Precision 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 Catheter Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.At this time, Catheter Precision's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 2.6 M this year, although Enterprise Value Multiple will most likely fall to (1.32).
 2021 2023 2024 (projected)
Interest Expense3.1M3.5M3.7M
Depreciation And Amortization1.6M2.1M1.3M

Catheter Precision fundamental ratios Correlations

0.470.440.560.980.680.4-0.82-0.440.650.840.430.390.890.530.23-0.150.510.680.590.20.880.590.060.22-0.18
0.470.440.730.420.870.31-0.25-0.320.510.330.090.80.44-0.09-0.16-0.080.720.920.430.340.470.930.420.380.12
0.440.440.810.430.340.29-0.36-0.710.040.390.20.120.4-0.30.2-0.37-0.010.640.750.10.390.450.860.74-0.62
0.560.730.810.550.730.12-0.55-0.360.350.61-0.120.560.680.06-0.25-0.340.540.890.540.20.680.640.730.44-0.12
0.980.420.430.550.650.36-0.84-0.40.660.850.390.320.890.540.2-0.310.480.650.560.020.890.530.060.2-0.16
0.680.870.340.730.650.25-0.51-0.150.820.580.00.870.730.36-0.29-0.090.890.860.340.320.750.770.210.090.28
0.40.310.290.120.360.250.18-0.780.33-0.140.850.26-0.01-0.20.750.02-0.060.260.730.150.00.45-0.030.49-0.62
-0.82-0.25-0.36-0.55-0.84-0.510.180.05-0.44-1.00.07-0.17-0.95-0.660.190.24-0.49-0.54-0.26-0.06-0.94-0.29-0.16-0.01-0.1
-0.44-0.32-0.71-0.36-0.4-0.15-0.780.05-0.05-0.07-0.80.02-0.090.46-0.780.080.28-0.39-0.94-0.18-0.07-0.47-0.47-0.870.88
0.650.510.040.350.660.820.33-0.44-0.050.470.120.660.630.58-0.15-0.130.720.470.190.080.660.42-0.17-0.180.31
0.840.330.390.610.850.58-0.14-1.0-0.070.47-0.060.240.970.63-0.2-0.240.550.610.290.090.960.360.190.050.11
0.430.090.2-0.120.390.00.850.07-0.80.12-0.06-0.08-0.04-0.220.950.11-0.280.10.670.14-0.050.36-0.150.51-0.7
0.390.80.120.560.320.870.26-0.170.020.660.24-0.080.430.29-0.340.170.880.690.10.490.470.690.02-0.110.38
0.890.440.40.680.890.73-0.01-0.95-0.090.630.97-0.040.430.69-0.22-0.230.680.690.320.131.00.440.150.00.14
0.53-0.09-0.30.060.540.36-0.2-0.660.460.580.63-0.220.290.69-0.350.010.570.07-0.290.020.69-0.09-0.52-0.660.5
0.23-0.160.2-0.250.2-0.290.750.19-0.78-0.15-0.20.95-0.34-0.22-0.350.09-0.56-0.110.610.04-0.240.13-0.10.53-0.83
-0.15-0.08-0.37-0.34-0.31-0.090.020.240.08-0.13-0.240.110.17-0.230.010.090.04-0.21-0.140.85-0.22-0.04-0.32-0.120.11
0.510.72-0.010.540.480.89-0.06-0.490.280.720.55-0.280.880.680.57-0.560.040.69-0.070.320.710.6-0.06-0.30.63
0.680.920.640.890.650.860.26-0.54-0.390.470.610.10.690.690.07-0.11-0.210.690.560.30.70.90.510.43-0.03
0.590.430.750.540.560.340.73-0.26-0.940.190.290.670.10.32-0.290.61-0.14-0.070.560.20.30.540.530.88-0.76
0.20.340.10.20.020.320.15-0.06-0.180.080.090.140.490.130.020.040.850.320.30.20.150.360.060.14-0.01
0.880.470.390.680.890.750.0-0.94-0.070.660.96-0.050.471.00.69-0.24-0.220.710.70.30.150.460.14-0.010.17
0.590.930.450.640.530.770.45-0.29-0.470.420.360.360.690.44-0.090.13-0.040.60.90.540.360.460.30.45-0.07
0.060.420.860.730.060.21-0.03-0.16-0.47-0.170.19-0.150.020.15-0.52-0.1-0.32-0.060.510.530.060.140.30.72-0.39
0.220.380.740.440.20.090.49-0.01-0.87-0.180.050.51-0.110.0-0.660.53-0.12-0.30.430.880.14-0.010.450.72-0.75
-0.180.12-0.62-0.12-0.160.28-0.62-0.10.880.310.11-0.70.380.140.5-0.830.110.63-0.03-0.76-0.010.17-0.07-0.39-0.75
Click cells to compare fundamentals

Catheter Precision Account Relationship Matchups

Catheter Precision fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.1M33.4M21.0M16.8M30.7M32.6M
Short Long Term Debt Total3.5M4.9M2.3M124.2K372K353.4K
Other Current Liab2.6M4.4M4.1M7.5M1.7M3.3M
Total Current Liabilities6.8M7.8M5.4M7.6M2.5M2.3M
Total Stockholder Equity33.2M21.1M13.7M9.3M21.2M21.6M
Property Plant And Equipment Net7.9M5.7M3.9M145.0K249K236.6K
Current Deferred Revenue1.7M1.7M2.0M1.8M2.1M2.0M
Net Debt(11.1M)(19.0M)(12.8M)(15.7M)(3.2M)(3.4M)
Retained Earnings(117.2M)(153.2M)(178.3M)(205.1M)(275.7M)(261.9M)
Accounts Payable1.5M471K988K92K464K557.1K
Cash14.6M23.9M15.0M15.9M3.6M3.4M
Non Current Assets Total8.1M5.8M4.0M145.0K26.6M27.9M
Non Currrent Assets Other196K123K36K8K7.2K6.8K
Cash And Short Term Investments30.6M23.9M15.0M15.9M3.6M3.4M
Net Receivables786K24K21K75.6K137K130.2K
Common Stock Shares Outstanding10.5K34.0K101K1.0M5.5M5.8M
Liabilities And Stockholders Equity44.1M33.4M21.0M16.8M30.7M32.6M
Non Current Liabilities Total4.1M4.5M2.0M247.0K7.1M3.9M
Inventory2.8M2.2M986K52.4K44K41.8K
Other Current Assets1.9M2.8M1.0M977K415K394.3K
Other Stockholder Equity150.3M174.3M191.9M214.4M296.9M163.7M
Total Liab10.9M12.3M7.4M7.6M9.5M8.0M
Total Current Assets36M27.6M17.1M16.8M4.2M4.0M
Short Term Debt611K1.0M283K36.7K275K361.2K

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When determining whether Catheter Precision is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Catheter Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Catheter Precision Stock. Highlighted below are key reports to facilitate an investment decision about Catheter Precision Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Catheter Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Catheter Precision. If investors know Catheter 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 Catheter Precision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
30.61
Revenue Per Share
0.604
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.22)
Return On Equity
(0.50)
The market value of Catheter Precision is measured differently than its book value, which is the value of Catheter that is recorded on the company's balance sheet. Investors also form their own opinion of Catheter Precision's value that differs from its market value or its book value, called intrinsic value, which is Catheter Precision'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 Catheter Precision's market value can be influenced by many factors that don't directly affect Catheter Precision'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 Catheter Precision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Catheter Precision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Catheter Precision'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.