Catheter Intangible Assets vs Net Invested Capital 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 Intangible Assets and its Net Invested Capital 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.
Intangible Assets vs Net Invested Capital
Intangible Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Catheter Precision Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Catheter Precision's Intangible Assets and Net Invested Capital is -0.83. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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 Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Catheter Precision are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Catheter Precision's Intangible Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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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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.