AtriCure Net Debt vs Cash Analysis

ATRC Stock

USD 22.63 0.51 2.31%

AtriCure financial indicator trend analysis is way more than just evaluating AtriCure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AtriCure is a good investment. Please check the relationship between AtriCure Net Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AtriCure Net Debt account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between AtriCure's Net Debt and Cash is -0.04. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of AtriCure, assuming nothing else is changed. The correlation between historical values of AtriCure's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of AtriCure are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., AtriCure's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of AtriCure, which is listed under current asset account on AtriCure balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AtriCure customers. The amounts must be unrestricted with restricted cash listed in a different AtriCure account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from AtriCure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AtriCure 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.At present, AtriCure's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.78, whereas Enterprise Value Over EBITDA is projected to grow to (95.86).

	2021	2022	2023	2024 (projected)
Gross Profit	205.9M	245.9M	297.4M	312.3M
Total Revenue	274.3M	330.4M	399.2M	419.2M

Gross Profit Total Revenue

AtriCure fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Inventory	Other Current Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total
Total Assets		0.96	-0.95	0.39	0.84	0.97	0.77	0.93	0.93	0.84	0.81	0.86	0.85	0.85	0.88	0.9	0.5	0.98	0.67	0.89	0.83	0.84	0.66	0.75	0.94	0.96
Total Stockholder Equity	0.96		-0.93	0.26	0.81	0.99	0.57	0.94	0.95	0.89	0.89	0.92	0.9	0.81	0.9	0.9	0.32	0.92	0.77	0.84	0.9	0.82	0.43	0.8	0.94	0.91
Retained Earnings	-0.95	-0.93		-0.27	-0.87	-0.97	-0.71	-0.94	-0.95	-0.88	-0.83	-0.89	-0.86	-0.89	-0.91	-0.92	-0.43	-0.92	-0.71	-0.84	-0.89	-0.89	-0.56	-0.79	-0.93	-0.94
Other Assets	0.39	0.26	-0.27		0.25	0.26	0.57	0.08	0.1	-0.04	0.06	0.08	0.05	0.25	0.03	0.07	0.38	0.33	-0.12	0.66	-0.06	0.23	0.63	-0.06	0.46	0.29
Common Stock Shares Outstanding	0.84	0.81	-0.87	0.25		0.83	0.71	0.76	0.77	0.68	0.58	0.65	0.63	0.99	0.76	0.78	0.51	0.84	0.45	0.7	0.68	0.99	0.52	0.51	0.74	0.8
Other Stockholder Equity	0.97	0.99	-0.97	0.26	0.83		0.62	0.96	0.97	0.91	0.89	0.93	0.91	0.84	0.92	0.92	0.35	0.93	0.77	0.85	0.92	0.85	0.48	0.82	0.95	0.94
Total Liab	0.77	0.57	-0.71	0.57	0.71	0.62		0.58	0.56	0.41	0.33	0.43	0.41	0.72	0.54	0.6	0.78	0.81	0.18	0.7	0.39	0.7	0.97	0.33	0.64	0.76
Other Current Liab	0.93	0.94	-0.94	0.08	0.76	0.96	0.58		0.99	0.95	0.91	0.95	0.95	0.78	0.92	0.92	0.29	0.9	0.81	0.75	0.95	0.79	0.44	0.89	0.9	0.92
Total Current Liabilities	0.93	0.95	-0.95	0.1	0.77	0.97	0.56	0.99		0.97	0.93	0.97	0.97	0.78	0.93	0.92	0.24	0.88	0.82	0.76	0.97	0.8	0.4	0.9	0.91	0.9
Accounts Payable	0.84	0.89	-0.88	-0.04	0.68	0.91	0.41	0.95	0.97		0.94	0.98	0.98	0.69	0.93	0.91	0.09	0.8	0.88	0.62	0.98	0.72	0.26	0.95	0.81	0.81
Cash	0.81	0.89	-0.83	0.06	0.58	0.89	0.33	0.91	0.93	0.94		0.98	0.97	0.59	0.87	0.84	-0.04	0.73	0.91	0.7	0.97	0.63	0.2	0.95	0.87	0.77
Inventory	0.86	0.92	-0.89	0.08	0.65	0.93	0.43	0.95	0.97	0.98	0.98		0.99	0.66	0.91	0.89	0.1	0.8	0.91	0.72	0.98	0.69	0.3	0.96	0.89	0.84
Other Current Assets	0.85	0.9	-0.86	0.05	0.63	0.91	0.41	0.95	0.97	0.98	0.97	0.99		0.64	0.9	0.88	0.05	0.79	0.88	0.68	0.97	0.68	0.28	0.96	0.86	0.81
Common Stock	0.85	0.81	-0.89	0.25	0.99	0.84	0.72	0.78	0.78	0.69	0.59	0.66	0.64		0.79	0.81	0.5	0.84	0.45	0.72	0.69	0.99	0.53	0.53	0.76	0.81
Property Plant Equipment	0.88	0.9	-0.91	0.03	0.76	0.92	0.54	0.92	0.93	0.93	0.87	0.91	0.9	0.79		1.0	0.27	0.87	0.79	0.65	0.93	0.8	0.4	0.89	0.81	0.87
Property Plant And Equipment Net	0.9	0.9	-0.92	0.07	0.78	0.92	0.6	0.92	0.92	0.91	0.84	0.89	0.88	0.81	1.0		0.34	0.9	0.75	0.67	0.91	0.81	0.47	0.86	0.81	0.89
Net Debt	0.5	0.32	-0.43	0.38	0.51	0.35	0.78	0.29	0.24	0.09	-0.04	0.1	0.05	0.5	0.27	0.34		0.59	-0.06	0.4	0.09	0.46	0.79	-0.02	0.31	0.6
Non Current Assets Total	0.98	0.92	-0.92	0.33	0.84	0.93	0.81	0.9	0.88	0.8	0.73	0.8	0.79	0.84	0.87	0.9	0.59		0.61	0.79	0.78	0.83	0.71	0.69	0.86	0.95
Non Currrent Assets Other	0.67	0.77	-0.71	-0.12	0.45	0.77	0.18	0.81	0.82	0.88	0.91	0.91	0.88	0.45	0.79	0.75	-0.06	0.61		0.48	0.92	0.49	0.07	0.88	0.7	0.69
Cash And Short Term Investments	0.89	0.84	-0.84	0.66	0.7	0.85	0.7	0.75	0.76	0.62	0.7	0.72	0.68	0.72	0.65	0.67	0.4	0.79	0.48		0.64	0.72	0.62	0.57	0.96	0.82
Net Receivables	0.83	0.9	-0.89	-0.06	0.68	0.92	0.39	0.95	0.97	0.98	0.97	0.98	0.97	0.69	0.93	0.91	0.09	0.78	0.92	0.64		0.72	0.23	0.95	0.83	0.83
Common Stock Total Equity	0.84	0.82	-0.89	0.23	0.99	0.85	0.7	0.79	0.8	0.72	0.63	0.69	0.68	0.99	0.8	0.81	0.46	0.83	0.49	0.72	0.72		0.51	0.58	0.77	0.81
Non Current Liabilities Total	0.66	0.43	-0.56	0.63	0.52	0.48	0.97	0.44	0.4	0.26	0.2	0.3	0.28	0.53	0.4	0.47	0.79	0.71	0.07	0.62	0.23	0.51		0.22	0.53	0.66
Property Plant And Equipment Gross	0.75	0.8	-0.79	-0.06	0.51	0.82	0.33	0.89	0.9	0.95	0.95	0.96	0.96	0.53	0.89	0.86	-0.02	0.69	0.88	0.57	0.95	0.58	0.22		0.77	0.74
Total Current Assets	0.94	0.94	-0.93	0.46	0.74	0.95	0.64	0.9	0.91	0.81	0.87	0.89	0.86	0.76	0.81	0.81	0.31	0.86	0.7	0.96	0.83	0.77	0.53	0.77		0.89
Short Long Term Debt Total	0.96	0.91	-0.94	0.29	0.8	0.94	0.76	0.92	0.9	0.81	0.77	0.84	0.81	0.81	0.87	0.89	0.6	0.95	0.69	0.82	0.83	0.81	0.66	0.74	0.89

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AtriCure Account Relationship Matchups

AtriCure fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	557.9M	714.5M	615.3M	585.4M	613.9M	644.6M
Total Stockholder Equity	247.3M	412.4M	483.8M	456.8M	466.2M	489.5M
Retained Earnings	(282.2M)	(330.4M)	(280.2M)	(326.6M)	(357.1M)	(339.2M)
Other Assets	705K	16.5M	955K	2.0M	1.0	0.95
Common Stock Shares Outstanding	37.6M	42.1M	46.0M	45.7M	46.3M	24.2M
Liabilities And Stockholders Equity	557.9M	714.5M	615.3M	585.4M	613.9M	644.6M
Other Stockholder Equity	529.7M	742.4M	764.8M	787.4M	824.2M	865.4M
Total Liab	310.5M	302.1M	131.6M	128.7M	147.8M	80.4M
Other Current Liab	32.8M	28.0M	36.1M	33.0M	44.7M	46.9M
Total Current Liabilities	49.9M	49.1M	56.4M	58.4M	74.6M	78.3M
Accounts Payable	14.9M	12.7M	18.6M	19.9M	27.4M	28.7M
Cash	28.5M	41.9M	43.7M	58.1M	84.3M	88.5M
Inventory	29.4M	35.0M	39.0M	45.9M	67.9M	71.3M
Other Current Assets	3.9M	4.3M	5.0M	5.5M	8.6M	9.0M
Common Stock	40K	45K	46K	47K	48K	28.1K
Property Plant Equipment	32.6M	28.3M	36.2M	42.6M	49.0M	51.5M
Property Plant And Equipment Net	36.7M	30.2M	36.2M	42.6M	46.8M	49.1M
Net Debt	47.9M	32.1M	32.0M	11.0M	(9.8M)	(9.3M)
Non Current Assets Total	414.7M	407.8M	419.2M	370.2M	347.7M	365.1M
Non Currrent Assets Other	705K	440K	955K	2.0M	2.2M	2.3M
Cash And Short Term Investments	81.8M	244.2M	119.1M	121.1M	137.3M	144.1M
Net Receivables	28.0M	23.1M	33.0M	42.7M	52.5M	55.1M
Common Stock Total Equity	40K	45K	46K	47K	54.1K	28.2K
Non Current Liabilities Total	260.6M	253.0M	75.1M	70.3M	73.2M	60.0M
Property Plant And Equipment Gross	36.7M	30.2M	36.2M	42.6M	99.2M	104.1M
Total Current Assets	143.2M	306.7M	196.1M	215.2M	266.2M	279.6M
Accumulated Other Comprehensive Income	(158K)	312K	(948K)	(4.1M)	(993K)	(943.4K)
Short Long Term Debt Total	76.4M	74.0M	75.6M	69.1M	74.5M	78.2M
Long Term Debt	59.6M	53.4M	59.7M	56.8M	60.6M	63.6M
Short Term Investments	53.3M	202.3M	75.4M	63.0M	53.0M	40.8M
Short Term Debt	2.2M	8.4M	1.8M	5.5M	2.5M	2.5M
Intangible Assets	129.9M	128.2M	43.0M	39.3M	64.0M	36.9M
Other Liab	186.4M	187.4M	1.2M	1.2M	1.4M	1.3M
Net Tangible Assets	(117.3M)	49.4M	206.0M	182.6M	210.0M	220.5M
Retained Earnings Total Equity	(282.2M)	(330.4M)	(280.2M)	(326.6M)	(294.0M)	(308.7M)
Long Term Debt Total	59.6M	53.4M	59.7M	56.8M	65.4M	34.9M
Capital Surpluse	529.7M	742.4M	764.8M	787.4M	905.5M	470.9M
Non Current Liabilities Other	201.0M	199.6M	15.4M	13.5M	1.2M	1.2M

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When determining whether AtriCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AtriCure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atricure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atricure Stock:

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running AtriCure's price analysis, check to measure AtriCure'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 AtriCure is operating at the current time. Most of AtriCure's value examination focuses on studying past and present price action to predict the probability of AtriCure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AtriCure's price. Additionally, you may evaluate how the addition of AtriCure to your portfolios can decrease your overall portfolio volatility.

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Is AtriCure'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 AtriCure. If investors know AtriCure 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 AtriCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.80)

Revenue Per Share

8.923

Quarterly Revenue Growth

0.164

Return On Assets

(0.04)

Return On Equity

(0.08)

The market value of AtriCure is measured differently than its book value, which is the value of AtriCure that is recorded on the company's balance sheet. Investors also form their own opinion of AtriCure's value that differs from its market value or its book value, called intrinsic value, which is AtriCure'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 AtriCure's market value can be influenced by many factors that don't directly affect AtriCure'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 AtriCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AtriCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AtriCure'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.

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AtriCure Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

AtriCure fundamental ratios Correlations

AtriCure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AtriCure fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.99	Other Current Liab
Other Current Assets	+ 0.99	Inventory

Other Stockholder Equity	- 0.97	Retained Earnings
Total Current Liabilities	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Assets
Short Long Term Debt Total	- 0.94	Retained Earnings
Other Current Liab	- 0.94	Retained Earnings
Total Current Assets	- 0.93	Retained Earnings