Monogram Other Current Assets vs Other Stockholder Equity Analysis

MGRM Stock   2.84  0.40  12.35%   
Monogram Orthopaedics financial indicator trend analysis is infinitely more than just investigating Monogram Orthopaedics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monogram Orthopaedics is a good investment. Please check the relationship between Monogram Orthopaedics Other Current Assets and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monogram Orthopaedics Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Current Assets vs Other Stockholder Equity

Other Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monogram Orthopaedics Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Monogram Orthopaedics' Other Current Assets and Other Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Monogram Orthopaedics Common, assuming nothing else is changed. The correlation between historical values of Monogram Orthopaedics' Other Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Monogram Orthopaedics Common are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., Monogram Orthopaedics' Other Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Stockholder Equity

Most indicators from Monogram Orthopaedics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monogram Orthopaedics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monogram Orthopaedics Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 20th of September 2024, Selling General Administrative is likely to grow to about 4.3 M, while Issuance Of Capital Stock is likely to drop about 12.3 M.
 2021 2023 2024 (projected)
Interest Expense21.7K19.5K18.5K
Depreciation And Amortization322.0K412.3K433.0K

Monogram Orthopaedics fundamental ratios Correlations

-0.50.50.760.940.92-1.0-0.990.881.00.891.0-0.89-0.630.980.741.00.93-0.920.88-0.17-0.740.490.890.96-0.74
-0.5-0.45-0.27-0.49-0.560.540.48-0.26-0.45-0.64-0.450.32-0.02-0.48-0.31-0.47-0.410.7-0.68-0.030.2-0.43-0.39-0.580.2
0.5-0.450.880.20.59-0.48-0.440.050.440.760.44-0.05-0.390.380.90.450.16-0.650.60.740.140.00.050.540.14
0.76-0.270.880.50.75-0.72-0.710.430.720.860.72-0.42-0.70.660.990.730.5-0.770.710.46-0.240.110.390.72-0.24
0.94-0.490.20.50.83-0.95-0.940.950.960.740.96-0.97-0.520.970.480.950.99-0.830.8-0.47-0.870.60.980.89-0.87
0.92-0.560.590.750.83-0.93-0.890.710.90.940.9-0.75-0.630.870.730.910.8-0.930.95-0.05-0.470.620.750.98-0.47
-1.00.54-0.48-0.72-0.95-0.930.99-0.88-0.99-0.88-0.990.890.57-0.99-0.71-1.0-0.940.91-0.880.190.73-0.51-0.9-0.970.73
-0.990.48-0.44-0.71-0.94-0.890.99-0.91-0.99-0.85-0.990.910.54-1.0-0.7-0.99-0.940.87-0.810.190.76-0.39-0.9-0.950.76
0.88-0.260.050.430.950.71-0.88-0.910.910.60.91-0.98-0.470.940.40.90.97-0.670.62-0.53-0.930.420.980.8-0.93
1.0-0.450.440.720.960.9-0.99-0.990.910.851.0-0.91-0.60.990.711.00.95-0.880.84-0.22-0.780.480.910.95-0.78
0.89-0.640.760.860.740.94-0.88-0.850.60.850.85-0.63-0.650.820.840.860.71-0.970.930.16-0.370.430.620.92-0.37
1.0-0.450.440.720.960.9-0.99-0.990.911.00.85-0.91-0.60.990.711.00.95-0.880.84-0.22-0.780.480.910.95-0.78
-0.890.32-0.05-0.42-0.97-0.750.890.91-0.98-0.91-0.63-0.910.52-0.93-0.38-0.91-0.990.7-0.670.560.89-0.52-0.98-0.820.89
-0.63-0.02-0.39-0.7-0.52-0.630.570.54-0.47-0.6-0.65-0.60.52-0.54-0.6-0.61-0.550.64-0.640.070.32-0.42-0.45-0.550.32
0.98-0.480.380.660.970.87-0.99-1.00.940.990.820.99-0.93-0.540.650.990.97-0.860.8-0.27-0.820.440.940.93-0.82
0.74-0.310.90.990.480.73-0.71-0.70.40.710.840.71-0.38-0.60.650.710.47-0.750.680.51-0.220.060.360.71-0.22
1.0-0.470.450.730.950.91-1.0-0.990.91.00.861.0-0.91-0.610.990.710.95-0.90.86-0.21-0.760.490.910.95-0.76
0.93-0.410.160.50.990.8-0.94-0.940.970.950.710.95-0.99-0.550.970.470.95-0.790.75-0.49-0.890.540.990.87-0.89
-0.920.7-0.65-0.77-0.83-0.930.910.87-0.67-0.88-0.97-0.880.70.64-0.86-0.75-0.9-0.79-0.970.010.51-0.57-0.72-0.920.51
0.88-0.680.60.710.80.95-0.88-0.810.620.840.930.84-0.67-0.640.80.680.860.75-0.97-0.07-0.450.720.70.91-0.45
-0.17-0.030.740.46-0.47-0.050.190.19-0.53-0.220.16-0.220.560.07-0.270.51-0.21-0.490.01-0.070.64-0.54-0.58-0.110.64
-0.740.20.14-0.24-0.87-0.470.730.76-0.93-0.78-0.37-0.780.890.32-0.82-0.22-0.76-0.890.51-0.450.64-0.37-0.92-0.581.0
0.49-0.430.00.110.60.62-0.51-0.390.420.480.430.48-0.52-0.420.440.060.490.54-0.570.72-0.54-0.370.570.55-0.37
0.89-0.390.050.390.980.75-0.9-0.90.980.910.620.91-0.98-0.450.940.360.910.99-0.720.7-0.58-0.920.570.83-0.92
0.96-0.580.540.720.890.98-0.97-0.950.80.950.920.95-0.82-0.550.930.710.950.87-0.920.91-0.11-0.580.550.83-0.58
-0.740.20.14-0.24-0.87-0.470.730.76-0.93-0.78-0.37-0.780.890.32-0.82-0.22-0.76-0.890.51-0.450.641.0-0.37-0.92-0.58
Click cells to compare fundamentals

Monogram Orthopaedics Account Relationship Matchups

Monogram Orthopaedics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M8.1M8.7M13.7M16.6M17.4M
Short Long Term Debt Total2.1M205.5K211.5K610.2K492.0K777.0K
Other Current Liab229.2K2.5M4.1M7.5M227.7K216.3K
Total Current Liabilities2.8M3.0M5.1M9.0M2.8M4.0M
Total Stockholder Equity(274.6K)5.0M3.5M4.1M13.4M14.1M
Property Plant And Equipment Net235.7K989.3K695.2K1.1M1.4M765.2K
Net Debt(195.4K)(5.4M)(5.3M)(9.9M)(13.1M)(12.4M)
Retained Earnings(3.2M)(12.3M)(24.1M)(37.8M)(51.5M)(48.9M)
Accounts Payable250.4K182.8K449.0K663.2K2.5M2.6M
Cash2.3M5.6M5.5M10.5M13.6M14.3M
Non Current Assets Total235.7K1.7M2.2M2.4M2.1M1.4M
Cash And Short Term Investments2.3M5.6M5.5M10.5M13.6M14.3M
Liabilities And Stockholders Equity2.6M8.1M8.7M13.7M16.6M17.4M
Non Current Liabilities Total48K147.9K118.6K492.0K363.7K274.0K
Other Stockholder Equity2.9M17.2M27.6M41.9M64.9M68.1M
Total Liab2.9M3.1M5.2M9.5M3.2M4.3M
Total Current Assets2.4M6.4M6.5M11.3M14.5M15.2M
Short Term Debt2.1M57.5K92.9K118.2K128.3K121.9K

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Additional Information and Resources on Investing in Monogram Stock

When determining whether Monogram Orthopaedics is a strong investment it is important to analyze Monogram Orthopaedics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Monogram Orthopaedics' future performance. For an informed investment choice regarding Monogram Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monogram Orthopaedics Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Monogram Orthopaedics. If investors know Monogram 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 Monogram Orthopaedics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.012
Return On Assets
(0.61)
Return On Equity
(1.22)
The market value of Monogram Orthopaedics is measured differently than its book value, which is the value of Monogram that is recorded on the company's balance sheet. Investors also form their own opinion of Monogram Orthopaedics' value that differs from its market value or its book value, called intrinsic value, which is Monogram Orthopaedics' 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 Monogram Orthopaedics' market value can be influenced by many factors that don't directly affect Monogram Orthopaedics' 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 Monogram Orthopaedics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Monogram Orthopaedics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monogram Orthopaedics' 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.