SurModics Retained Earnings vs Current Deferred Revenue Analysis

SRDX Stock

USD 35.27 0.38 1.09%

SurModics financial indicator trend analysis is much more than just breaking down SurModics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SurModics is a good investment. Please check the relationship between SurModics Retained Earnings and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SurModics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SurModics Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between SurModics' Retained Earnings and Current Deferred Revenue is 0.33. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of SurModics, assuming nothing else is changed. The correlation between historical values of SurModics' Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SurModics are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., SurModics' Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.At this time, SurModics' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 1.3 M in 2024, despite the fact that Discontinued Operations is likely to grow to (150.5 K).

	2021	2022	2023	2024 (projected)
Gross Profit	29M	61.0M	70.2M	47.1M
Total Revenue	100.0M	132.6M	152.5M	160.1M

Gross Profit Total Revenue

SurModics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Short Term Investments	Common Stock	Other Liab	Other Assets
Total Assets		0.69	0.8	0.93	0.94	0.05	0.76	0.82	0.45	0.93	-0.52	0.59	0.8	-0.27	0.74	0.64	0.06	0.23	0.82	0.73	0.89	0.58	0.19	0.59	0.89	0.57
Other Current Liab	0.69		0.91	0.54	0.76	0.2	0.31	0.66	0.33	0.65	-0.18	0.35	0.73	-0.19	0.69	0.63	0.14	0.39	0.83	0.68	0.61	0.26	0.16	0.27	0.63	0.4
Total Current Liabilities	0.8	0.91		0.64	0.87	0.31	0.4	0.76	0.25	0.83	-0.21	0.28	0.8	-0.29	0.75	0.68	0.08	0.44	0.91	0.8	0.61	0.29	0.15	0.29	0.83	0.38
Total Stockholder Equity	0.93	0.54	0.64		0.89	-0.17	0.9	0.65	0.53	0.85	-0.7	0.67	0.72	-0.15	0.62	0.53	0.07	0.0	0.67	0.6	0.85	0.73	0.22	0.74	0.75	0.76
Property Plant And Equipment Net	0.94	0.76	0.87	0.89		0.05	0.73	0.77	0.35	0.87	-0.5	0.6	0.8	-0.3	0.71	0.57	0.01	0.18	0.83	0.67	0.84	0.52	0.37	0.52	0.9	0.61
Net Debt	0.05	0.2	0.31	-0.17	0.05		-0.43	0.38	-0.53	0.32	0.5	-0.63	0.23	0.14	0.36	0.4	0.31	0.69	0.36	0.41	-0.29	-0.3	-0.1	-0.29	0.21	-0.57
Retained Earnings	0.76	0.31	0.4	0.9	0.73	-0.43		0.45	0.41	0.63	-0.86	0.75	0.4	-0.12	0.25	0.16	-0.09	-0.41	0.34	0.25	0.77	0.83	0.37	0.83	0.59	0.81
Accounts Payable	0.82	0.66	0.76	0.65	0.77	0.38	0.45		0.2	0.8	-0.36	0.31	0.71	-0.2	0.71	0.7	0.2	0.41	0.78	0.71	0.68	0.41	0.13	0.43	0.77	0.09
Cash	0.45	0.33	0.25	0.53	0.35	-0.53	0.41	0.2		0.24	-0.44	0.57	0.54	-0.34	0.51	0.53	-0.14	0.06	0.43	0.47	0.61	0.27	-0.33	0.28	0.15	0.49
Non Current Assets Total	0.93	0.65	0.83	0.85	0.87	0.32	0.63	0.8	0.24		-0.38	0.28	0.79	-0.13	0.74	0.68	0.17	0.36	0.83	0.81	0.65	0.53	0.09	0.54	0.87	0.45
Non Currrent Assets Other	-0.52	-0.18	-0.21	-0.7	-0.5	0.5	-0.86	-0.36	-0.44	-0.38		-0.74	-0.2	0.01	-0.16	-0.09	0.04	0.55	-0.19	-0.08	-0.58	-0.81	-0.37	-0.81	-0.33	-0.64
Cash And Short Term Investments	0.59	0.35	0.28	0.67	0.6	-0.63	0.75	0.31	0.57	0.28	-0.74		0.26	-0.35	0.27	0.06	-0.23	-0.42	0.29	0.04	0.84	0.49	0.55	0.49	0.45	0.67
Net Receivables	0.8	0.73	0.8	0.72	0.8	0.23	0.4	0.71	0.54	0.79	-0.2	0.26		-0.28	0.88	0.89	0.1	0.58	0.91	0.92	0.65	0.27	-0.17	0.28	0.68	0.37
Common Stock Shares Outstanding	-0.27	-0.19	-0.29	-0.15	-0.3	0.14	-0.12	-0.2	-0.34	-0.13	0.01	-0.35	-0.28		-0.36	-0.21	0.81	0.0	-0.36	-0.24	-0.39	0.36	-0.08	0.35	-0.41	0.04
Non Current Liabilities Total	0.74	0.69	0.75	0.62	0.71	0.36	0.25	0.71	0.51	0.74	-0.16	0.27	0.88	-0.36		0.92	0.05	0.62	0.96	0.9	0.59	0.1	-0.08	0.12	0.66	0.16
Inventory	0.64	0.63	0.68	0.53	0.57	0.4	0.16	0.7	0.53	0.68	-0.09	0.06	0.89	-0.21	0.92		0.18	0.71	0.88	0.95	0.47	0.16	-0.36	0.17	0.47	0.07
Other Current Assets	0.06	0.14	0.08	0.07	0.01	0.31	-0.09	0.2	-0.14	0.17	0.04	-0.23	0.1	0.81	0.05	0.18		0.39	0.07	0.16	-0.08	0.29	-0.12	0.29	-0.07	0.03
Other Stockholder Equity	0.23	0.39	0.44	0.0	0.18	0.69	-0.41	0.41	0.06	0.36	0.55	-0.42	0.58	0.0	0.62	0.71	0.39		0.59	0.7	0.03	-0.32	-0.47	-0.3	0.26	-0.35
Total Liab	0.82	0.83	0.91	0.67	0.83	0.36	0.34	0.78	0.43	0.83	-0.19	0.29	0.91	-0.36	0.96	0.88	0.07	0.59		0.92	0.64	0.19	0.02	0.2	0.78	0.27
Property Plant And Equipment Gross	0.73	0.68	0.8	0.6	0.67	0.41	0.25	0.71	0.47	0.81	-0.08	0.04	0.92	-0.24	0.9	0.95	0.16	0.7	0.92		0.49	0.19	-0.34	0.2	0.64	0.19
Total Current Assets	0.89	0.61	0.61	0.85	0.84	-0.29	0.77	0.68	0.61	0.65	-0.58	0.84	0.65	-0.39	0.59	0.47	-0.08	0.03	0.64	0.49		0.52	0.28	0.54	0.73	0.6
Common Stock Total Equity	0.58	0.26	0.29	0.73	0.52	-0.3	0.83	0.41	0.27	0.53	-0.81	0.49	0.27	0.36	0.1	0.16	0.29	-0.32	0.19	0.19	0.52		0.19	1.0	0.33	0.68
Short Term Investments	0.19	0.16	0.15	0.22	0.37	-0.1	0.37	0.13	-0.33	0.09	-0.37	0.55	-0.17	-0.08	-0.08	-0.36	-0.12	-0.47	0.02	-0.34	0.28	0.19		0.18	0.35	0.27
Common Stock	0.59	0.27	0.29	0.74	0.52	-0.29	0.83	0.43	0.28	0.54	-0.81	0.49	0.28	0.35	0.12	0.17	0.29	-0.3	0.2	0.2	0.54	1.0	0.18		0.34	0.67
Other Liab	0.89	0.63	0.83	0.75	0.9	0.21	0.59	0.77	0.15	0.87	-0.33	0.45	0.68	-0.41	0.66	0.47	-0.07	0.26	0.78	0.64	0.73	0.33	0.35	0.34		0.38
Other Assets	0.57	0.4	0.38	0.76	0.61	-0.57	0.81	0.09	0.49	0.45	-0.64	0.67	0.37	0.04	0.16	0.07	0.03	-0.35	0.27	0.19	0.6	0.68	0.27	0.67	0.38

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SurModics Account Relationship Matchups

SurModics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	168.8M	194.6M	158.4M	185.7M	213.6M	140.7M
Other Current Liab	11.7M	13.4M	14.8M	15.7M	18.1M	19.0M
Total Current Liabilities	18.9M	29.8M	32.1M	24.0M	27.5M	28.9M
Total Stockholder Equity	131.1M	140.1M	108.4M	119.9M	137.9M	116.0M
Property Plant And Equipment Net	30.1M	30.1M	27.1M	26.0M	29.9M	26.5M
Net Debt	(30.3M)	(21.2M)	(5.2M)	(12.0M)	(10.8M)	(11.4M)
Retained Earnings	111.8M	116.1M	88.8M	87.3M	100.3M	71.6M
Accounts Payable	1.5M	1.8M	3.1M	3.0M	3.4M	1.9M
Cash	30.8M	31.2M	19.0M	41.4M	47.6M	50.0M
Non Current Assets Total	82.2M	124.3M	100.8M	99.0M	113.9M	88.0M
Non Currrent Assets Other	4.3M	3.7M	4.8M	3.9M	3.5M	3.3M
Cash And Short Term Investments	61.1M	38.9M	19.0M	45.4M	52.2M	35.1M
Net Receivables	13.8M	16.3M	17.6M	18.6M	21.4M	22.5M
Common Stock Shares Outstanding	13.8M	14.0M	13.9M	14.0M	12.6M	13.7M
Liabilities And Stockholders Equity	168.8M	194.6M	158.4M	185.7M	213.6M	140.7M
Non Current Liabilities Total	18.8M	24.7M	17.9M	41.9M	48.1M	50.6M
Inventory	6.0M	6.8M	11.8M	14.8M	17.1M	17.9M
Other Current Assets	5.8M	8.4M	9.2M	7.9M	9.0M	8.0M
Other Stockholder Equity	15.4M	21.6M	28.8M	36.7M	33.0M	31.8M
Total Liab	37.7M	54.5M	50.0M	65.8M	75.7M	79.5M
Property Plant And Equipment Gross	32.6M	80.2M	82.1M	85.5M	98.3M	103.2M
Total Current Assets	86.6M	70.3M	57.6M	86.7M	99.7M	52.8M
Accumulated Other Comprehensive Income	3.2M	1.7M	(9.9M)	(4.8M)	(4.3M)	(4.1M)
Common Stock Total Equity	670K	675K	684K	701K	630.9K	615.8K
Short Term Investments	24.9M	30.3M	7.7M	3.9M	4.5M	4.3M
Other Liab	17.1M	15.5M	24.7M	17.9M	20.6M	10.9M
Other Assets	7.8M	9.1M	9.6M	4.8M	5.5M	6.7M
Property Plant Equipment	29.7M	30.1M	30.1M	27.1M	31.2M	28.0M
Current Deferred Revenue	5.2M	4.6M	4.2M	4.4M	5.0M	5.3M
Intangible Assets	13.3M	37.1M	28.1M	26.2M	30.1M	17.1M
Short Term Debt	2.1M	436K	10M	872K	784.8K	745.6K
Good Will	27.2M	45.6M	40.7M	42.9M	49.4M	51.9M
Retained Earnings Total Equity	110.7M	111.8M	116.1M	88.8M	102.1M	87.6M
Capital Surpluse	10.7M	15.4M	21.6M	28.8M	25.9M	14.1M
Deferred Long Term Liab	11.6M	10.8M	13.0M	7.1M	8.2M	5.4M
Non Current Liabilities Other	8.0M	14.4M	12.8M	10.1M	11.6M	9.8M

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When determining whether SurModics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SurModics' 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 Surmodics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Surmodics Stock:

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What is SurModics' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SurModics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.

Note that the SurModics information on this page should be used as a complementary analysis to other SurModics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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

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Is SurModics' 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 SurModics. If investors know SurModics 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 SurModics 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

4.358

Earnings Share

0.96

Revenue Per Share

10.147

Quarterly Revenue Growth

0.175

Return On Assets

0.0661

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

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Retained Earnings

Current Deferred Revenue

SurModics fundamental ratios Correlations

SurModics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SurModics fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.96	Non Current Liabilities Total
Property Plant And Equipment Gross	+ 0.95	Inventory
Property Plant And Equipment Net	+ 0.94	Total Assets
Total Stockholder Equity	+ 0.93	Total Assets
Non Current Assets Total	+ 0.93	Total Assets

Non Currrent Assets Other	- 0.86	Retained Earnings
Common Stock	- 0.81	Non Currrent Assets Other
Common Stock Total Equity	- 0.81	Non Currrent Assets Other
Cash And Short Term Investments	- 0.74	Non Currrent Assets Other
Non Currrent Assets Other	- 0.7	Total Stockholder Equity
Other Assets	- 0.64	Non Currrent Assets Other