EDAP Non Current Assets Total vs Property Plant And Equipment Net Analysis

EDAP Stock  USD 6.02  0.01  0.17%   
EDAP TMS financial indicator trend analysis is much more than just examining EDAP TMS SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EDAP TMS SA is a good investment. Please check the relationship between EDAP TMS Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Property Plant And Equipment Net

Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EDAP TMS SA Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EDAP TMS's Non Current Assets Total and Property Plant And Equipment Net is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of EDAP TMS SA, assuming nothing else is changed. The correlation between historical values of EDAP TMS's Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of EDAP TMS SA are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., EDAP TMS's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from EDAP TMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EDAP TMS SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, EDAP TMS's Selling General Administrative is relatively stable compared to the past year. As of 05/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.26, while Enterprise Value Over EBITDA is likely to drop (8.80).
 2021 2022 2023 2024 (projected)
Gross Profit18.4M24.2M23.9M14.0M
Total Revenue44.1M55.1M59.2M33.0M

EDAP TMS fundamental ratios Correlations

0.090.490.730.890.7-0.9-0.250.40.90.830.580.90.550.640.350.69-0.40.730.780.81.0-0.310.160.480.67
0.09-0.080.410.050.280.05-0.20.060.120.090.130.130.320.00.11-0.02-0.380.150.40.250.090.78-0.33-0.08-0.02
0.49-0.080.070.510.09-0.520.42-0.190.490.30.150.490.19-0.020.10.15-0.310.120.10.250.5-0.320.44-0.150.01
0.730.410.070.550.66-0.52-0.40.520.580.670.450.580.690.550.140.56-0.430.580.930.610.720.23-0.090.440.54
0.890.050.510.550.81-0.95-0.30.60.960.770.720.960.50.450.30.87-0.450.850.590.920.89-0.360.240.260.48
0.70.280.090.660.81-0.72-0.510.810.780.810.730.770.490.490.360.89-0.340.840.720.880.67-0.070.060.360.48
-0.90.05-0.52-0.52-0.95-0.720.42-0.51-0.99-0.67-0.66-0.98-0.29-0.64-0.45-0.80.35-0.87-0.63-0.87-0.910.46-0.05-0.47-0.67
-0.25-0.20.42-0.4-0.3-0.510.42-0.6-0.45-0.06-0.36-0.460.14-0.68-0.5-0.510.0-0.75-0.54-0.53-0.27-0.060.75-0.65-0.67
0.40.06-0.190.520.60.81-0.51-0.60.530.510.770.530.440.250.20.88-0.410.770.530.750.38-0.140.030.150.24
0.90.120.490.580.960.78-0.99-0.450.530.670.681.00.340.620.460.8-0.410.90.680.910.91-0.32-0.010.440.65
0.830.090.30.670.770.81-0.67-0.060.510.670.620.660.680.420.240.69-0.340.550.670.70.78-0.270.450.30.42
0.580.130.150.450.720.73-0.66-0.360.770.680.620.690.390.210.330.72-0.740.710.520.840.56-0.340.170.070.24
0.90.130.490.580.960.77-0.98-0.460.531.00.660.690.340.620.460.8-0.420.90.680.920.91-0.31-0.020.440.65
0.550.320.190.690.50.49-0.290.140.440.340.680.390.34-0.05-0.20.48-0.510.280.530.480.530.170.52-0.18-0.06
0.640.0-0.020.550.450.49-0.64-0.680.250.620.420.210.62-0.050.580.420.160.640.70.470.66-0.21-0.480.981.0
0.350.110.10.140.30.36-0.45-0.50.20.460.240.330.46-0.20.580.26-0.050.460.490.390.36-0.36-0.380.550.59
0.69-0.020.150.560.870.89-0.8-0.510.880.80.690.720.80.480.420.26-0.330.90.590.890.68-0.280.140.270.42
-0.4-0.38-0.31-0.43-0.45-0.340.350.0-0.41-0.41-0.34-0.74-0.42-0.510.16-0.05-0.33-0.32-0.4-0.53-0.40.01-0.210.320.13
0.730.150.120.580.850.84-0.87-0.750.770.90.550.710.90.280.640.460.9-0.320.680.930.74-0.21-0.220.490.66
0.780.40.10.930.590.72-0.63-0.540.530.680.670.520.680.530.70.490.59-0.40.680.680.770.06-0.220.590.69
0.80.250.250.610.920.88-0.87-0.530.750.910.70.840.920.480.470.390.89-0.530.930.680.79-0.190.030.280.49
1.00.090.50.720.890.67-0.91-0.270.380.910.780.560.910.530.660.360.68-0.40.740.770.79-0.310.120.50.68
-0.310.78-0.320.23-0.36-0.070.46-0.06-0.14-0.32-0.27-0.34-0.310.17-0.21-0.36-0.280.01-0.210.06-0.19-0.31-0.35-0.2-0.25
0.16-0.330.44-0.090.240.06-0.050.750.03-0.010.450.17-0.020.52-0.48-0.380.14-0.21-0.22-0.220.030.12-0.35-0.53-0.48
0.48-0.08-0.150.440.260.36-0.47-0.650.150.440.30.070.44-0.180.980.550.270.320.490.590.280.5-0.2-0.530.96
0.67-0.020.010.540.480.48-0.67-0.670.240.650.420.240.65-0.061.00.590.420.130.660.690.490.68-0.25-0.480.96
Click cells to compare fundamentals

EDAP TMS Account Relationship Matchups

EDAP TMS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.1M55.2M77.2M101.1M91.6M50.7M
Short Long Term Debt Total8.7M5.4M8.2M6.7M5.8M7.3M
Other Current Liab4.2M5.7M7.1M9.2M2.6M5.2M
Total Current Liabilities17.5M21.5M18.0M21.7M27.6M16.2M
Total Stockholder Equity27.4M26.2M50.1M71.6M57.0M59.8M
Property Plant And Equipment Net6.7M5.6M5.2M6.0M8.2M8.6M
Net Debt(12.2M)(19.3M)(39.0M)(56.5M)(37.7M)(35.8M)
Retained Earnings(38.4M)(40.1M)(39.4M)(42.4M)(63.5M)(60.4M)
Accounts Payable6.0M10.5M5.5M6.6M18.5M19.4M
Cash20.9M24.7M47.2M63.1M43.5M45.6M
Non Current Assets Total11.0M9.8M9.8M10.6M13.1M8.8M
Non Currrent Assets Other640K1.8M2.3M1.4M2.5M2.6M
Cash And Short Term Investments20.9M24.7M47.2M63.1M43.5M45.7M
Net Receivables12.6M12.3M12.1M14.9M19.3M13.7M
Common Stock Shares Outstanding29.6M29.1M32.4M34.4M37.0M19.3M
Liabilities And Stockholders Equity53.1M55.2M77.2M101.1M91.6M50.7M
Non Current Liabilities Total8.2M7.4M9.2M7.8M7.0M7.3M
Inventory8.2M8.0M7.5M11.8M15.1M15.9M
Other Current Assets21.2M369K582K659K659.5K626.6K
Other Stockholder Equity65.4M65.6M88.7M113.1M120.2M126.2M
Total Liab25.7M28.9M27.2M29.5M34.7M23.5M
Property Plant And Equipment Gross6.7M5.6M15.1M15.7M18.6M19.5M
Total Current Assets42.1M45.4M67.4M90.5M78.5M41.9M
Accumulated Other Comprehensive Income(3.4M)(3.1M)(3.6M)(3.8M)(4.5M)(4.3M)
Short Term Debt5.3M2.6M1.9M1.8M2.5M3.4M
Intangible Assets770K760K728K724K1.1M1.1M
Common Stock3.8M3.8M4.4M4.8M4.9M2.6M
Current Deferred Revenue1.9M2.7M3.4M4.1M4.1M4.3M
Other Liab4.8M4.9M4.6M3.0M3.4M4.3M
Long Term Debt957K1.1M4.9M3.6M2.0M3.2M
Property Plant Equipment6.7M5.6M5.2M6.0M6.9M4.3M
Net Tangible Assets24.2M23.1M46.9M68.5M78.8M82.7M
Short Long Term Debt4.0M2.6M1.9M1.8M4.0M2.7M

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When determining whether EDAP TMS SA 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 EDAP 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 Edap Tms Sa Stock. Highlighted below are key reports to facilitate an investment decision about Edap Tms Sa Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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Is EDAP TMS's industry 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 EDAP TMS. If investors know EDAP 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 EDAP TMS 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
(0.62)
Earnings Share
(0.62)
Revenue Per Share
1.633
Quarterly Revenue Growth
0.248
Return On Assets
(0.11)
The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS'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 EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS'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 EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS'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.