Establishment Labs Financials
| ESTA Stock | USD 48.95 0.74 1.49% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Current Ratio | 2.66 | 3.0604 |
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The financial analysis of Establishment Labs is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Establishment Labs includes many different criteria found on its balance sheet. For example, investors should never minimize Establishment Labs' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Establishment Labs' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Establishment Labs.
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With this module, you can analyze Establishment financials for your investing period. You should be able to track the changes in Establishment Labs individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Establishment | Select Account or Indicator |
Understanding current and past Establishment Labs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Establishment Labs' financial statements are interrelated, with each one affecting the others. For example, an increase in Establishment Labs' assets may result in an increase in income on the income statement.
The data published in Establishment Labs' official financial statements usually reflect Establishment Labs' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Establishment Labs. For example, before you start analyzing numbers published by Establishment accountants, it's critical to develop an understanding of what Establishment Labs' liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of Establishment Labs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Establishment Labs' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Establishment Labs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Establishment Labs Holdings. Please utilize our Beneish M Score to check the likelihood of Establishment Labs' management manipulating its earnings.
Establishment Labs Stock Summary
Establishment Labs competes with Thermogenesis Holdings. Establishment Labs Holdings Inc., a medical technology company, manufactures and markets medical devices for aesthetic and reconstructive plastic surgery. Establishment Labs Holdings Inc. was incorporated in 2004 and is headquartered in Alajuela, Costa Rica. Establishment Labs is traded on NASDAQ Exchange in the United States.| Foreign Associate | Indonesia |
Specialization | Health Care, Health Care Equipment & Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | VGG312491084 |
| CUSIP | G31249108 |
| Location | British Virgin Islands |
| Business Address | Building B15 and |
| Sector | Health Care Equipment & Supplies |
| Industry | Health Care |
| Benchmark | NYSE Composite |
| Website | www.establishmentlabs.com |
| Phone | 506 2434 2400 |
| Currency | USD - US Dollar |
You should never invest in Establishment Labs without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Establishment Stock, because this is throwing your money away. Analyzing the key information contained in Establishment Labs' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Establishment Labs Key Financial Ratios
Generally speaking, Establishment Labs' financial ratios allow both analysts and investors to convert raw data from Establishment Labs' financial statements into concise, actionable information that can be used to evaluate the performance of Establishment Labs over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Establishment Labs reports annually and quarterly.| Return On Equity | -15.38 | ||||
| Profit Margin | (0.48) % | ||||
| Operating Margin | (0.70) % |
Establishment Labs Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 116.5M | 156.4M | 139.5M | 211.1M | 268.6M | 150.6M | |
| Other Current Liab | 11.8M | 14.0M | 16.2M | 16.5M | 12.9M | 14.5M | |
| Other Liab | 5.5M | 3.8M | 3.1M | 1.6M | 1.5M | 1.4M | |
| Net Tangible Assets | 35.7M | 70.3M | 45.9M | (13.3M) | (15.2M) | (14.5M) | |
| Net Debt | 10.5M | (32.8M) | 391K | 112.3M | 152.2M | 159.8M | |
| Retained Earnings | (127.1M) | (165.2M) | (206.4M) | (281.6M) | (360.1M) | (342.1M) | |
| Accounts Payable | 10.4M | 9.7M | 14.5M | 20.0M | 41.6M | 43.7M | |
| Cash | 37.7M | 84.5M | 53.4M | 66.4M | 40.0M | 47.6M | |
| Other Assets | 368K | 664K | 558K | 1.3M | 1.5M | 785.7K | |
| Net Receivables | 22.8M | 19.1M | 24.4M | 35.4M | 46.9M | 25.6M | |
| Capital Surpluse | 21.2M | 26.7M | 36.6M | 49.9M | 57.4M | 60.3M | |
| Inventory | 28.7M | 23.2M | 28.4M | 36.6M | 79.9M | 83.9M | |
| Other Current Assets | 1.3M | 2.6M | 2.6M | 11.5M | 8.0M | 4.6M | |
| Total Liab | 76.9M | 81.4M | 88.8M | 219.2M | 250.2M | 262.8M | |
| Total Current Assets | 95.8M | 132.3M | 113.3M | 149.9M | 174.9M | 112.4M | |
| Short Term Debt | 258K | 948K | 402K | 688K | 773K | 734.4K | |
| Intangible Assets | 3.4M | 4.1M | 4.4M | 4.6M | 8.0M | 4.6M | |
| Common Stock | 147.7M | 213.5M | 219.7M | 223.6M | 315.6M | 180.7M | |
| Long Term Debt | 48.1M | 49.8M | 51.9M | 175.5M | 188.7M | 198.2M | |
| Net Invested Capital | 87.8M | 124.8M | 102.6M | 175.5M | 207.1M | 127.1M | |
| Net Working Capital | 72.6M | 106.4M | 81.4M | 110.9M | 117.8M | 87.1M |
Establishment Labs Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Establishment Labs' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 4K | 15K | 23K | 87K | 541K | 568.1K | |
| Interest Expense | 8.7M | 9.4M | 9.1M | 11.8M | 15.4M | 9.4M | |
| Total Revenue | 89.6M | 84.7M | 126.7M | 161.7M | 165.2M | 92.0M | |
| Gross Profit | 54.9M | 52.5M | 85.4M | 106.6M | 107.0M | 58.1M | |
| Operating Income | (30.9M) | (27.9M) | (25.1M) | (39.7M) | (65.0M) | (61.8M) | |
| Cost Of Revenue | 34.7M | 32.2M | 41.3M | 55.1M | 58.2M | 34.0M | |
| Income Before Tax | (37.5M) | (38.0M) | (39.7M) | (72.8M) | (78.6M) | (74.7M) | |
| Net Income | (38.2M) | (38.1M) | (41.1M) | (75.2M) | (78.5M) | (74.6M) | |
| Tax Provision | 640K | 104K | 1.4M | 2.4M | 3.2M | 3.4M | |
| Net Interest Income | (8.7M) | (9.4M) | (9.0M) | (11.7M) | (12.7M) | (13.3M) | |
| Ebit | (30.9M) | (27.9M) | (25.1M) | (39.7M) | (65.0M) | (61.8M) | |
| Research Development | 15.0M | 13.8M | 18.3M | 20.3M | 26.4M | 16.0M | |
| Ebitda | (32.1M) | (30.6M) | (31.4M) | (42.7M) | (60.1M) | (57.1M) | |
| Income Tax Expense | 640K | 104K | 1.4M | 2.4M | (81K) | (77.0K) |
Establishment Labs Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Establishment Labs. It measures of how well Establishment is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Establishment Labs brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Establishment had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Establishment Labs has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (3.4M) | 4.8M | (7.6M) | (10.9M) | (42.2M) | (40.1M) | |
| Investments | (7.8M) | (5.6M) | (7.2M) | (34.8M) | (24.5M) | (23.3M) | |
| Change In Cash | (15.0M) | 46.9M | (31.1M) | 12.9M | (26.3M) | (25.0M) | |
| Net Borrowings | 24.5M | (277K) | (175K) | 96.4M | 110.9M | 116.4M | |
| Free Cash Flow | (37.0M) | (16.4M) | (34.3M) | (86.4M) | (112.4M) | (106.8M) | |
| Depreciation | 3.3M | 3.7M | 4.1M | 4.3M | 4.9M | 3.5M | |
| Other Non Cash Items | 2.2M | 1.4M | 5.5M | 26.8M | 8.1M | 8.1M | |
| Capital Expenditures | 7.0M | 3.9M | 6.7M | 34.3M | 24.5M | 12.3M | |
| Net Income | (38.2M) | (38.1M) | (41.1M) | (75.2M) | (78.5M) | (74.6M) | |
| End Period Cash Flow | 37.7M | 84.5M | 53.4M | 66.4M | 40.0M | 47.6M | |
| Change To Netincome | 7.1M | 2.2M | 13.8M | 22.1M | 25.4M | 26.6M |
Establishment Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Establishment Labs's current stock value. Our valuation model uses many indicators to compare Establishment Labs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Establishment Labs competition to find correlations between indicators driving Establishment Labs's intrinsic value. More Info.Establishment Labs Holdings is rated # 3 in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . At present, Establishment Labs' Return On Equity is projected to slightly decrease based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Establishment Labs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Establishment Labs' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Establishment Labs' earnings, one of the primary drivers of an investment's value.Establishment Labs Systematic Risk
Establishment Labs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Establishment Labs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Establishment Labs correlated with the market. If Beta is less than 0 Establishment Labs generally moves in the opposite direction as compared to the market. If Establishment Labs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Establishment Labs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Establishment Labs is generally in the same direction as the market. If Beta > 1 Establishment Labs moves generally in the same direction as, but more than the movement of the benchmark.
About Establishment Labs Financials
What exactly are Establishment Labs Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Establishment Labs' income statement, its balance sheet, and the statement of cash flows. Potential Establishment Labs investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Establishment Labs investors may use each financial statement separately, they are all related. The changes in Establishment Labs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Establishment Labs's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Establishment Labs Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Establishment Labs is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Establishment has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Establishment Labs' financials are consistent with your investment objective using the following steps:- Review Establishment Labs' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Establishment Labs' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Establishment Labs' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Establishment Labs' stock is overvalued or undervalued.
Establishment Labs Thematic Clasifications
Establishment Labs Holdings is part of Medical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Medical Equipment | View |
Today, most investors in Establishment Labs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Establishment Labs' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Establishment Labs growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Establishment Labs April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Establishment Labs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Establishment Labs Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Establishment Labs Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Establishment Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Establishment Labs's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.78 | |||
| Information Ratio | 0.1128 | |||
| Maximum Drawdown | 28.65 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 7.02 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Establishment Labs Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Establishment Stock analysis
When running Establishment Labs' price analysis, check to measure Establishment Labs' 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 Establishment Labs is operating at the current time. Most of Establishment Labs' value examination focuses on studying past and present price action to predict the probability of Establishment Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Establishment Labs' price. Additionally, you may evaluate how the addition of Establishment Labs to your portfolios can decrease your overall portfolio volatility.
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Is Establishment Labs' 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 Establishment Labs. If investors know Establishment 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 Establishment Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.07) | Revenue Per Share 6.451 | Quarterly Revenue Growth (0.28) | Return On Assets (0.17) | Return On Equity (15.38) |
The market value of Establishment Labs is measured differently than its book value, which is the value of Establishment that is recorded on the company's balance sheet. Investors also form their own opinion of Establishment Labs' value that differs from its market value or its book value, called intrinsic value, which is Establishment Labs' 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 Establishment Labs' market value can be influenced by many factors that don't directly affect Establishment Labs' 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 Establishment Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Establishment Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Establishment Labs' 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.