Cutera Historical Income Statement
| CUTR Stock | USD 2.53 0.04 1.56% |
Historical analysis of Cutera income statement accounts such as Selling General Administrative of 72.5 M, Selling And Marketing Expenses of 118.7 M or Total Revenue of 112.8 M can show how well Cutera Inc performed in making a profits. Evaluating Cutera income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cutera's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Cutera Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cutera Inc is a good buy for the upcoming year.
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About Cutera Income Statement Analysis
Cutera Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cutera shareholders. The income statement also shows Cutera investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Cutera Income Statement Chart
Cutera Inc Income Statement is one of the three primary financial statements used for reporting Cutera's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cutera Inc revenue and expense. Cutera Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cutera's Depreciation And Amortization is relatively stable compared to the past year. As of 05/04/2024, Tax Provision is likely to grow to about 2 M, though Operating Income is likely to grow to (135.9 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Cutera Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cutera Inc minus its cost of goods sold. It is profit before Cutera operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Cutera Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cutera Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Cutera's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cutera Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Cutera Inc. 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. At this time, Cutera's Depreciation And Amortization is relatively stable compared to the past year. As of 05/04/2024, Tax Provision is likely to grow to about 2 M, though Operating Income is likely to grow to (135.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 133.1M | 139.8M | 60.4M | 62.6M | Total Revenue | 231.3M | 252.4M | 212.4M | 112.8M |
Cutera income statement Correlations
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Cutera Account Relationship Matchups
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Cutera income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 199K | 579K | 2.5M | 5.7M | 14.0M | 14.7M | |
| Selling General Administrative | 24.0M | 31.5M | 32.9M | 45.9M | 69.0M | 72.5M | |
| Selling And Marketing Expenses | 71.1M | 52.8M | 76.8M | 106.9M | 113.0M | 118.7M | |
| Total Revenue | 181.7M | 147.7M | 231.3M | 252.4M | 212.4M | 112.8M | |
| Gross Profit | 98.2M | 75.8M | 133.1M | 139.8M | 60.4M | 62.6M | |
| Other Operating Expenses | 193.8M | 170.5M | 229.4M | 290.6M | 355.4M | 373.2M | |
| Operating Income | (12.1M) | (22.8M) | (1.3M) | (38.2M) | (143.0M) | (135.9M) | |
| Ebit | (12.1M) | (22.8M) | (1.3M) | (38.2M) | (143.0M) | (135.9M) | |
| Research Development | 15.1M | 14.3M | 21.6M | 25.2M | 21.4M | 10.9M | |
| Ebitda | (10.5M) | (21.4M) | 58K | (38M) | (125.6M) | (119.3M) | |
| Cost Of Revenue | 83.5M | 71.9M | 98.2M | 112.6M | 152.0M | 159.6M | |
| Total Operating Expenses | 110.2M | 98.6M | 131.3M | 178.0M | 203.4M | 213.6M | |
| Income Before Tax | (12.3M) | (23.4M) | 3.4M | (80.7M) | (149.3M) | (141.8M) | |
| Total Other Income Expense Net | (199K) | (579K) | 4.7M | (42.5M) | (6.3M) | (6.0M) | |
| Net Income | (12.3M) | (23.9M) | 2.1M | (82.3M) | (150.8M) | (143.3M) | |
| Income Tax Expense | 85K | 470K | 1.3M | 1.6M | 1.5M | 889.1K | |
| Depreciation And Amortization | 1.5M | 1.4M | 1.3M | 190K | 17.4M | 18.3M | |
| Net Income Applicable To Common Shares | (12.3M) | (23.9M) | 2.1M | (82.3M) | (74.1M) | (70.4M) | |
| Net Income From Continuing Ops | (12.3M) | (23.9M) | 2.1M | (82.3M) | (74.1M) | (70.4M) | |
| Non Operating Income Net Other | (123K) | (199K) | (579K) | (39.5M) | (35.5M) | (33.7M) | |
| Tax Provision | 85K | 470K | 1.3M | 1.6M | 1.9M | 2.0M | |
| Interest Income | 884K | 123K | 199K | 2.6M | 3.0M | 3.1M | |
| Net Interest Income | (199K) | (579K) | (3.2M) | (4.4M) | (4.0M) | (3.8M) | |
| Reconciled Depreciation | 1.5M | 1.4M | 1.3M | 2.6M | 3.0M | 1.7M |
Pair Trading with Cutera
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 Cutera 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 Cutera will appreciate offsetting losses from the drop in the long position's value.Moving together with Cutera Stock
| 0.61 | GH | Guardant Health Earnings Call This Week | PairCorr |
Moving against Cutera Stock
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| 0.77 | WORX | Scworx Corp | PairCorr |
| 0.76 | EDAP | EDAP TMS SA Financial Report 15th of May 2024 | PairCorr |
| 0.76 | ESTA | Establishment Labs Earnings Call This Week | PairCorr |
| 0.73 | EW | Edwards Lifesciences Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cutera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cutera 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 Cutera - 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 Cutera Inc to buy it.
The correlation of Cutera 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 Cutera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cutera Inc 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 Cutera 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cutera Inc. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Cutera Stock analysis
When running Cutera's price analysis, check to measure Cutera'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 Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.
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Is Cutera'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 Cutera. If investors know Cutera 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 Cutera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.59) | Revenue Per Share 10.68 | Quarterly Revenue Growth (0.26) | Return On Assets (0.20) | Return On Equity (44.47) |
The market value of Cutera Inc is measured differently than its book value, which is the value of Cutera that is recorded on the company's balance sheet. Investors also form their own opinion of Cutera's value that differs from its market value or its book value, called intrinsic value, which is Cutera'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 Cutera's market value can be influenced by many factors that don't directly affect Cutera'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 Cutera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cutera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cutera'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.