EDAP Total Assets vs Retained Earnings Analysis
EDAP Stock | USD 7.10 0.03 0.42% |
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 Total Assets and its Retained Earnings 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.
Total Assets vs Retained Earnings
Total Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EDAP TMS SA Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EDAP TMS's Total Assets and Retained Earnings is -0.25. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of EDAP TMS SA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., EDAP TMS's Total Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of EDAP TMS assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in EDAP TMS SA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 05/11/2024, 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 Profit | 18.4M | 24.2M | 23.9M | 14.0M | Total Revenue | 44.1M | 55.1M | 59.2M | 33.0M |
EDAP TMS fundamental ratios Correlations
Click cells to compare fundamentals
EDAP TMS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EDAP TMS fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 53.1M | 55.2M | 77.2M | 101.1M | 91.6M | 50.7M | |
Short Long Term Debt Total | 8.7M | 5.4M | 8.2M | 6.7M | 5.8M | 7.3M | |
Other Current Liab | 4.2M | 5.7M | 7.1M | 9.2M | 2.6M | 5.2M | |
Total Current Liabilities | 17.5M | 21.5M | 18.0M | 21.7M | 27.6M | 16.2M | |
Total Stockholder Equity | 27.4M | 26.2M | 50.1M | 71.6M | 57.0M | 59.8M | |
Property Plant And Equipment Net | 6.7M | 5.6M | 5.2M | 6.0M | 8.2M | 8.6M | |
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 Payable | 6.0M | 10.5M | 5.5M | 6.6M | 18.5M | 19.4M | |
Cash | 20.9M | 24.7M | 47.2M | 63.1M | 43.5M | 45.6M | |
Non Current Assets Total | 11.0M | 9.8M | 9.8M | 10.6M | 13.1M | 8.8M | |
Non Currrent Assets Other | 640K | 1.8M | 2.3M | 1.4M | 2.5M | 2.6M | |
Cash And Short Term Investments | 20.9M | 24.7M | 47.2M | 63.1M | 43.5M | 45.7M | |
Net Receivables | 12.6M | 12.3M | 12.1M | 14.9M | 19.3M | 13.7M | |
Common Stock Shares Outstanding | 29.6M | 29.1M | 32.4M | 34.4M | 37.0M | 19.3M | |
Liabilities And Stockholders Equity | 53.1M | 55.2M | 77.2M | 101.1M | 91.6M | 50.7M | |
Non Current Liabilities Total | 8.2M | 7.4M | 9.2M | 7.8M | 7.0M | 7.3M | |
Inventory | 8.2M | 8.0M | 7.5M | 11.8M | 15.1M | 15.9M | |
Other Current Assets | 21.2M | 369K | 582K | 659K | 659.5K | 626.6K | |
Other Stockholder Equity | 65.4M | 65.6M | 88.7M | 113.1M | 120.2M | 126.2M | |
Total Liab | 25.7M | 28.9M | 27.2M | 29.5M | 34.7M | 23.5M | |
Property Plant And Equipment Gross | 6.7M | 5.6M | 15.1M | 15.7M | 18.6M | 19.5M | |
Total Current Assets | 42.1M | 45.4M | 67.4M | 90.5M | 78.5M | 41.9M | |
Accumulated Other Comprehensive Income | (3.4M) | (3.1M) | (3.6M) | (3.8M) | (4.5M) | (4.3M) | |
Short Term Debt | 5.3M | 2.6M | 1.9M | 1.8M | 2.5M | 3.4M | |
Intangible Assets | 770K | 760K | 728K | 724K | 1.1M | 1.1M | |
Common Stock | 3.8M | 3.8M | 4.4M | 4.8M | 4.9M | 2.6M | |
Current Deferred Revenue | 1.9M | 2.7M | 3.4M | 4.1M | 4.1M | 4.3M | |
Other Liab | 4.8M | 4.9M | 4.6M | 3.0M | 3.4M | 4.3M | |
Long Term Debt | 957K | 1.1M | 4.9M | 3.6M | 2.0M | 3.2M | |
Property Plant Equipment | 6.7M | 5.6M | 5.2M | 6.0M | 6.9M | 4.3M | |
Net Tangible Assets | 24.2M | 23.1M | 46.9M | 68.5M | 78.8M | 82.7M | |
Short Long Term Debt | 4.0M | 2.6M | 1.9M | 1.8M | 4.0M | 2.7M |
Pair Trading with EDAP TMS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EDAP TMS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EDAP TMS will appreciate offsetting losses from the drop in the long position's value.Moving against EDAP Stock
0.65 | HSTM | HealthStream | PairCorr |
The ability to find closely correlated positions to EDAP TMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDAP TMS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EDAP TMS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EDAP TMS SA to buy it.
The correlation of EDAP TMS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EDAP TMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDAP TMS SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EDAP TMS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running EDAP TMS's price analysis, check to measure EDAP TMS's 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 EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.
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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 (0.61) | 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.