Integra Depreciation And Amortization vs Reconciled Depreciation Analysis

IART Stock  USD 27.54  0.05  0.18%   
Integra LifeSciences financial indicator trend analysis is infinitely more than just investigating Integra LifeSciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integra LifeSciences is a good investment. Please check the relationship between Integra LifeSciences Depreciation And Amortization and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra LifeSciences 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 metropolitan statistical area.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integra LifeSciences Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Integra LifeSciences' Depreciation And Amortization and Reconciled Depreciation is 0.28. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Integra LifeSciences Holdings, assuming nothing else is changed. The correlation between historical values of Integra LifeSciences' Depreciation And Amortization and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Integra LifeSciences Holdings are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Integra LifeSciences' Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

Most indicators from Integra LifeSciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integra LifeSciences 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra LifeSciences 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 metropolitan statistical area.
At this time, Integra LifeSciences' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 442.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 339.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit944.6M970.3M888.4M458.0M
Total Revenue1.5B1.6B1.5B1.6B

Integra LifeSciences fundamental ratios Correlations

0.970.870.970.950.940.830.860.810.99-0.270.830.960.810.990.930.680.780.990.850.960.970.980.850.680.01
0.970.890.920.870.940.750.810.80.97-0.120.810.940.820.970.90.690.780.980.770.940.960.980.840.610.0
0.870.890.810.730.840.550.750.780.85-0.230.770.840.830.860.740.840.870.880.560.860.870.890.90.370.0
0.970.920.810.960.840.870.820.850.96-0.340.860.920.80.920.920.650.790.920.880.960.920.910.840.70.03
0.950.870.730.960.840.910.870.760.94-0.270.790.910.730.910.950.530.660.90.930.920.870.880.760.76-0.01
0.940.940.840.840.840.690.880.620.95-0.110.640.950.760.980.880.620.70.980.710.840.960.980.80.57-0.04
0.830.750.550.870.910.690.710.770.8-0.360.810.740.510.780.860.450.390.780.970.860.710.760.580.88-0.11
0.860.810.750.820.870.880.710.550.87-0.310.570.930.680.860.850.430.630.860.740.780.850.860.720.48-0.16
0.810.80.780.850.760.620.770.550.76-0.411.00.670.60.750.680.760.650.760.750.910.720.770.680.640.01
0.990.970.850.960.940.950.80.870.76-0.250.780.970.810.990.930.640.790.990.840.930.990.980.860.660.02
-0.27-0.12-0.23-0.34-0.27-0.11-0.36-0.31-0.41-0.25-0.4-0.22-0.18-0.21-0.14-0.21-0.21-0.2-0.35-0.3-0.23-0.2-0.24-0.150.04
0.830.810.770.860.790.640.810.571.00.78-0.40.680.590.770.710.750.630.780.790.920.730.780.690.690.0
0.960.940.840.920.910.950.740.930.670.97-0.220.680.850.950.930.60.790.960.760.890.960.950.850.530.0
0.810.820.830.80.730.760.510.680.60.81-0.180.590.850.790.80.620.880.790.520.780.830.780.870.250.27
0.990.970.860.920.910.980.780.860.750.99-0.210.770.950.790.920.660.741.00.810.920.981.00.830.660.0
0.930.90.740.920.950.880.860.850.680.93-0.140.710.930.80.920.540.640.920.850.910.880.90.750.670.0
0.680.690.840.650.530.620.450.430.760.64-0.210.750.60.620.660.540.680.690.380.770.640.70.680.40.01
0.780.780.870.790.660.70.390.630.650.79-0.210.630.790.880.740.640.680.750.440.730.820.740.870.210.2
0.990.980.880.920.90.980.780.860.760.99-0.20.780.960.791.00.920.690.750.80.930.981.00.840.650.0
0.850.770.560.880.930.710.970.740.750.84-0.350.790.760.520.810.850.380.440.80.840.760.780.620.88-0.08
0.960.940.860.960.920.840.860.780.910.93-0.30.920.890.780.920.910.770.730.930.840.880.930.80.69-0.01
0.970.960.870.920.870.960.710.850.720.99-0.230.730.960.830.980.880.640.820.980.760.880.970.870.580.04
0.980.980.890.910.880.980.760.860.770.98-0.20.780.950.781.00.90.70.741.00.780.930.970.830.63-0.03
0.850.840.90.840.760.80.580.720.680.86-0.240.690.850.870.830.750.680.870.840.620.80.870.830.420.28
0.680.610.370.70.760.570.880.480.640.66-0.150.690.530.250.660.670.40.210.650.880.690.580.630.42-0.12
0.010.00.00.03-0.01-0.04-0.11-0.160.010.020.040.00.00.270.00.00.010.20.0-0.08-0.010.04-0.030.28-0.12
Click cells to compare fundamentals

Integra LifeSciences Account Relationship Matchups

Integra LifeSciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.6B3.8B3.9B3.8B4.0B
Other Current Liab156.2M182.1M213.1M158.8M176.3M185.1M
Total Current Liabilities331.3M401.0M340.0M320.9M307.0M158.9M
Total Stockholder Equity1.4B1.5B1.7B1.8B1.6B1.7B
Property Plant And Equipment Net431.9M371.2M396.2M459.6M496.4M521.2M
Net Debt1.3B1.2B1.1B1.2B1.4B1.5B
Retained Earnings398.6M532.3M698.6M879.1M946.9M994.2M
Accounts Payable113.1M54.6M61.8M102.1M92.3M96.9M
Cash198.9M470.2M513.4M456.7M276.4M290.2M
Non Current Assets Total2.4B2.4B2.6B2.7B2.7B2.9B
Non Currrent Assets Other11.2M11.3M10.0M(510.2M)26.0M27.3M
Cash And Short Term Investments198.9M470.2M513.4M456.7M309.1M324.6M
Net Receivables275.3M225.5M231.8M263.5M259.3M272.3M
Common Stock Shares Outstanding86.5M85.2M85.5M83.5M80.3M67.2M
Liabilities And Stockholders Equity3.3B3.6B3.8B3.9B3.8B4.0B
Non Current Liabilities Total1.6B1.7B1.8B1.8B1.9B2.0B
Inventory316.1M310.1M317.4M324.6M389.6M409.1M
Other Current Assets67.9M231.4M91.1M116.8M100.0M51.5M
Other Stockholder Equity1.1B1.1B1.0B914.1M655.2M467.2M
Total Liab1.9B2.1B2.1B2.1B2.2B2.3B
Property Plant And Equipment Gross431.9M371.2M711.1M789.3M863.8M907.0M
Total Current Assets858.2M1.2B1.2B1.2B1.1B1.1B
Accumulated Other Comprehensive Income(76.4M)(74.1M)(45.2M)10.3M(15.1M)(15.9M)
Intangible Assets1.0B989.4M1.1B1.1B1.1B1.1B
Short Long Term Debt Total1.5B1.7B1.7B1.6B1.7B1.8B
Common Stock Total Equity887K893K896K905K1.0M528.7K
Short Term Investments1.5M4.7M12K16.7M32.7M34.3M
Short Term Debt57.3M159.1M59.8M52.7M29.8M28.3M
Common Stock887K893K896K905K909K547.5K
Other Liab116.1M131.2M135.9M201.8M232.1M243.7M
Other Assets27.3M168.6M3.8B63.2M72.6M69.0M
Long Term Debt1.2B1.4B1.4B1.3B1.5B749.7M
Treasury Stock(119.9M)(235.1M)(234.4M)(362.9M)(326.6M)(310.2M)
Property Plant Equipment337.4M287.5M311.7M311.3M358.0M375.9M
Current Deferred Revenue4.8M5.3M5.3M7.3M8.5M5.3M
Good Will954.3M932.4M1.0B1.0B1.1B1.1B
Net Tangible Assets(569.1M)(406.9M)(474.2M)(361.1M)(325.0M)(341.2M)
Retained Earnings Total Equity398.6M532.3M698.6M879.1M1.0B1.1B
Long Term Debt Total1.2B1.4B1.4B1.3B1.5B1.0B
Capital Surpluse1.2B1.3B1.3B1.3B1.5B1.0B

Pair Trading with Integra LifeSciences

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 Integra LifeSciences 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 Integra LifeSciences will appreciate offsetting losses from the drop in the long position's value.

Moving together with Integra Stock

  0.87DOCS Doximity Upward RallyPairCorr
  0.62VEEV Veeva Systems Class Financial Report 29th of May 2024 PairCorr
  0.65ENSG Ensign GroupPairCorr

Moving against Integra Stock

  0.88HAE HaemoneticsPairCorr
  0.84EHC Encompass Health CorpPairCorr
  0.71ELV Elevance Health Financial Report 17th of July 2024 PairCorr
  0.69DVA DaVita HealthCarePairCorr
The ability to find closely correlated positions to Integra LifeSciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Integra LifeSciences 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 Integra LifeSciences - 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 Integra LifeSciences Holdings to buy it.
The correlation of Integra LifeSciences 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 Integra LifeSciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Integra LifeSciences 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 Integra LifeSciences 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.
Pair CorrelationCorrelation Matching
When determining whether Integra LifeSciences is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Integra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Integra Lifesciences Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Integra Lifesciences Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra LifeSciences 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 metropolitan statistical area.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Integra LifeSciences' 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 Integra LifeSciences. If investors know Integra 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 Integra LifeSciences 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
(0.60)
Earnings Share
0.51
Revenue Per Share
19.349
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0383
The market value of Integra LifeSciences is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra LifeSciences' value that differs from its market value or its book value, called intrinsic value, which is Integra LifeSciences' 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 Integra LifeSciences' market value can be influenced by many factors that don't directly affect Integra LifeSciences' 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 Integra LifeSciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra LifeSciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra LifeSciences' 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.