Catheter Cash And Short Term Investments vs Net Debt 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 Cash And Short Term Investments and its Net Debt 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.
Cash And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Catheter Precision Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Catheter Precision's Cash And Short Term Investments and Net Debt is -0.95. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt 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 Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Catheter Precision are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Catheter Precision's Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Catheter Precision balance sheet. This account contains Catheter Precision investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Catheter Precision fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Expense | 3.1M | 3.5M | 3.7M | Depreciation And Amortization | 1.6M | 2.1M | 1.3M |
Catheter Precision fundamental ratios Correlations
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Catheter Precision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Catheter Precision fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.1M | 33.4M | 21.0M | 16.8M | 30.7M | 32.6M | |
Short Long Term Debt Total | 3.5M | 4.9M | 2.3M | 124.2K | 372K | 353.4K | |
Other Current Liab | 2.6M | 4.4M | 4.1M | 7.5M | 1.7M | 3.3M | |
Total Current Liabilities | 6.8M | 7.8M | 5.4M | 7.6M | 2.5M | 2.3M | |
Total Stockholder Equity | 33.2M | 21.1M | 13.7M | 9.3M | 21.2M | 21.6M | |
Property Plant And Equipment Net | 7.9M | 5.7M | 3.9M | 145.0K | 249K | 236.6K | |
Current Deferred Revenue | 1.7M | 1.7M | 2.0M | 1.8M | 2.1M | 2.0M | |
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 Payable | 1.5M | 471K | 988K | 92K | 464K | 557.1K | |
Cash | 14.6M | 23.9M | 15.0M | 15.9M | 3.6M | 3.4M | |
Non Current Assets Total | 8.1M | 5.8M | 4.0M | 145.0K | 26.6M | 27.9M | |
Non Currrent Assets Other | 196K | 123K | 36K | 8K | 7.2K | 6.8K | |
Cash And Short Term Investments | 30.6M | 23.9M | 15.0M | 15.9M | 3.6M | 3.4M | |
Net Receivables | 786K | 24K | 21K | 75.6K | 137K | 130.2K | |
Common Stock Shares Outstanding | 10.5K | 34.0K | 101K | 1.0M | 5.5M | 5.8M | |
Liabilities And Stockholders Equity | 44.1M | 33.4M | 21.0M | 16.8M | 30.7M | 32.6M | |
Non Current Liabilities Total | 4.1M | 4.5M | 2.0M | 247.0K | 7.1M | 3.9M | |
Inventory | 2.8M | 2.2M | 986K | 52.4K | 44K | 41.8K | |
Other Current Assets | 1.9M | 2.8M | 1.0M | 977K | 415K | 394.3K | |
Other Stockholder Equity | 150.3M | 174.3M | 191.9M | 214.4M | 296.9M | 163.7M | |
Total Liab | 10.9M | 12.3M | 7.4M | 7.6M | 9.5M | 8.0M | |
Total Current Assets | 36M | 27.6M | 17.1M | 16.8M | 4.2M | 4.0M | |
Short Term Debt | 611K | 1.0M | 283K | 36.7K | 275K | 361.2K |
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Try AI Portfolio ArchitectCheck 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.