Electromed Long Term Debt Total vs Capital Surpluse Analysis
ELMD Stock | USD 17.06 0.38 2.18% |
Electromed financial indicator trend analysis is much more than just examining Electromed latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electromed is a good investment. Please check the relationship between Electromed Long Term Debt Total and its Capital Surpluse accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.
Long Term Debt Total vs Capital Surpluse
Long Term Debt Total vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electromed Long Term Debt Total account and Capital Surpluse. At this time, the significance of the direction appears to have pay attention.
The correlation between Electromed's Long Term Debt Total and Capital Surpluse is -0.76. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Electromed, assuming nothing else is changed. The correlation between historical values of Electromed's Long Term Debt Total and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Electromed are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Long Term Debt Total i.e., Electromed's Long Term Debt Total and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt Total
Capital Surpluse
Most indicators from Electromed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electromed 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 Electromed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.At present, Electromed's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.06, whereas Tax Provision is forecasted to decline to about 954.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 25K | 78K | 89.7K | 85.2K | Depreciation And Amortization | 628K | 613K | 705.0K | 669.7K |
Electromed fundamental ratios Correlations
Click cells to compare fundamentals
Electromed Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Electromed fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.2M | 37.1M | 41.4M | 45.8M | 52.7M | 26.4M | |
Short Long Term Debt Total | 81.2K | 87K | 41K | 161K | 144.9K | 137.7K | |
Other Current Liab | 2.4M | 4.0M | (1.5B) | 6.7M | 6.0M | 6.3M | |
Total Current Liabilities | 3.0M | 4.6M | 7.2M | 8.1M | 9.3M | 9.7M | |
Total Stockholder Equity | 30.2M | 32.4M | 34.2M | 37.7M | 43.3M | 45.5M | |
Property Plant And Equipment Net | 3.9M | 3.7M | 4.7M | 5.7M | 6.5M | 3.9M | |
Net Debt | (10.4M) | (11.8M) | (8.1M) | (7.2M) | (6.5M) | (6.2M) | |
Retained Earnings | 13.7M | 14.9M | 15.8M | 18.8M | 21.6M | 22.7M | |
Accounts Payable | 555.5K | 685K | 1.3M | 1.4M | 1.6M | 795.8K | |
Cash | 10.5M | 11.9M | 8.2M | 7.4M | 8.5M | 5.3M | |
Non Current Assets Total | 5.2M | 5.4M | 6.8M | 8.0M | 9.2M | 5.4M | |
Non Currrent Assets Other | 80.2K | 88K | 120M | 161K | 185.2K | 175.9K | |
Other Assets | 755K | 1.1M | 1.5M | 1.6M | 1.8M | 1.9M | |
Cash And Short Term Investments | 10.5M | 11.9M | 8.2M | 7.4M | 8.5M | 5.3M | |
Net Receivables | 14.1M | 17.4M | 21.3M | 24.6M | 28.3M | 29.7M | |
Common Stock Total Equity | 84.1K | 85.7K | 85K | 86K | 98.9K | 86.6K | |
Common Stock Shares Outstanding | 8.8M | 8.9M | 8.8M | 8.7M | 10.0M | 8.8M | |
Liabilities And Stockholders Equity | 33.2M | 37.1M | 41.4M | 45.8M | 52.7M | 26.4M | |
Non Current Liabilities Total | 8.9K | 54K | 41K | 86K | 77.4K | 73.5K | |
Inventory | 3.1M | 2.1M | 3.2M | 4.2M | 4.9M | 2.5M | |
Other Current Assets | 353.3K | 276K | 2.2M | 1.6M | 1.8M | 1.9M | |
Other Stockholder Equity | 16.5M | 17.4M | 18.3M | 18.8M | 21.6M | 16.1M | |
Total Liab | 3.0M | 4.7M | 7.2M | 8.1M | 9.4M | 5.4M | |
Property Plant And Equipment Gross | 3.8M | 3.6M | 4.7M | 5.7M | 6.5M | 3.9M | |
Total Current Assets | 28.0M | 31.7M | 34.5M | 37.8M | 43.5M | 45.6M | |
Short Term Debt | 30.3K | 72.3K | 33K | 80K | 72K | 68.4K | |
Intangible Assets | 598.4K | 663K | 599K | 605K | 544.5K | 517.3K | |
Common Stock | 84.1K | 85.7K | 85K | 86K | 98.9K | 86.6K | |
Property Plant Equipment | 3.9M | 3.6M | 4.6M | 5.7M | 6.5M | 3.9M | |
Current Deferred Revenue | (72.3K) | (33K) | 1.5B | (80K) | (92K) | (87.4K) | |
Net Tangible Assets | 29.7M | 31.8M | 33.6M | 37.1M | 42.6M | 24.2M | |
Retained Earnings Total Equity | 13.7M | 14.9M | 15.8M | 18.8M | 21.6M | 22.7M | |
Capital Surpluse | 16.5M | 17.4M | 18.3M | 18.8M | 21.6M | 16.7M | |
Net Invested Capital | 30.2M | 32.4M | 34.2M | 37.7M | 43.3M | 32.0M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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Is Electromed'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 Electromed. If investors know Electromed 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 Electromed 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 0.727 | Earnings Share 0.45 | Revenue Per Share 6.072 | Quarterly Revenue Growth 0.167 | Return On Assets 0.0721 |
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed'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 Electromed's market value can be influenced by many factors that don't directly affect Electromed'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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed'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.