Stratasys Other Current Assets vs Net Receivables Analysis

SSYS Stock  USD 10.02  0.26  2.66%   
Stratasys financial indicator trend analysis is much more than just breaking down Stratasys prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stratasys is a good investment. Please check the relationship between Stratasys Other Current Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stratasys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stratasys Stock please use our How to Invest in Stratasys guide.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stratasys Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Stratasys' Other Current Assets and Net Receivables is 0.9. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Stratasys, assuming nothing else is changed. The correlation between historical values of Stratasys' Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Stratasys are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Stratasys' Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

Most indicators from Stratasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stratasys 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 Stratasys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stratasys Stock please use our How to Invest in Stratasys guide.At this time, Stratasys' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit260.1M276.5M299.1M314.0M
Total Revenue607.2M651.5M627.6M659.0M

Stratasys fundamental ratios Correlations

0.60.330.61.00.160.43-0.810.220.340.810.960.80.430.350.830.210.550.450.72-0.040.780.60.890.410.23
0.6-0.050.00.64-0.33-0.11-0.40.63-0.040.370.70.28-0.09-0.170.32-0.290.03-0.180.11-0.450.180.320.710.470.23
0.33-0.050.780.270.630.57-0.28-0.470.590.370.190.40.70.620.470.620.750.640.730.590.55-0.210.070.44-0.09
0.60.00.780.540.810.84-0.55-0.560.790.620.430.660.910.820.680.80.890.90.960.640.820.330.290.6-0.06
1.00.640.270.540.090.36-0.790.290.280.780.980.760.380.270.790.160.50.380.66-0.10.720.610.920.370.22
0.16-0.330.630.810.090.9-0.32-0.90.660.39-0.050.40.870.870.410.890.690.920.740.790.610.07-0.180.59-0.13
0.43-0.110.570.840.360.9-0.61-0.720.640.640.210.630.80.950.610.760.650.890.80.580.830.230.030.610.13
-0.81-0.4-0.28-0.55-0.79-0.32-0.61-0.03-0.2-0.99-0.7-0.88-0.36-0.44-0.75-0.16-0.35-0.48-0.650.06-0.82-0.52-0.57-0.36-0.52
0.220.63-0.47-0.560.29-0.9-0.72-0.03-0.57-0.030.43-0.12-0.69-0.75-0.15-0.81-0.47-0.76-0.46-0.83-0.340.210.51-0.360.26
0.34-0.040.590.790.280.660.64-0.2-0.570.240.180.440.780.70.450.770.720.750.730.590.60.060.090.62-0.14
0.810.370.370.620.780.390.64-0.99-0.030.240.690.870.440.460.750.230.420.540.70.010.820.490.540.390.46
0.960.70.190.430.98-0.050.21-0.70.430.180.690.630.280.120.690.040.420.250.55-0.20.580.60.960.30.18
0.80.280.40.660.760.40.63-0.88-0.120.440.870.630.450.580.910.310.520.610.80.180.930.450.540.430.36
0.43-0.090.70.910.380.870.8-0.36-0.690.780.440.280.450.770.530.930.90.940.860.780.660.180.150.64-0.35
0.35-0.170.620.820.270.870.95-0.44-0.750.70.460.120.580.770.610.780.670.860.790.640.810.13-0.030.590.02
0.830.320.470.680.790.410.61-0.75-0.150.450.750.690.910.530.610.40.610.660.850.250.90.380.640.480.16
0.21-0.290.620.80.160.890.76-0.16-0.810.770.230.040.310.930.780.40.810.910.740.80.550.06-0.070.57-0.38
0.550.030.750.890.50.690.65-0.35-0.470.720.420.420.520.90.670.610.810.820.870.720.680.260.320.58-0.31
0.45-0.180.640.90.380.920.89-0.48-0.760.750.540.250.610.940.860.660.910.820.890.760.770.210.130.6-0.18
0.720.110.730.960.660.740.8-0.65-0.460.730.70.550.80.860.790.850.740.870.890.580.90.370.440.61-0.02
-0.04-0.450.590.64-0.10.790.580.06-0.830.590.01-0.20.180.780.640.250.80.720.760.580.34-0.08-0.240.43-0.59
0.780.180.550.820.720.610.83-0.82-0.340.60.820.580.930.660.810.90.550.680.770.90.340.40.450.540.27
0.60.32-0.210.330.610.070.23-0.520.210.060.490.60.450.180.130.380.060.260.210.37-0.080.40.60.150.11
0.890.710.070.290.92-0.180.03-0.570.510.090.540.960.540.15-0.030.64-0.070.320.130.44-0.240.450.60.230.11
0.410.470.440.60.370.590.61-0.36-0.360.620.390.30.430.640.590.480.570.580.60.610.430.540.150.23-0.06
0.230.23-0.09-0.060.22-0.130.13-0.520.26-0.140.460.180.36-0.350.020.16-0.38-0.31-0.18-0.02-0.590.270.110.11-0.06
Click cells to compare fundamentals

Stratasys Account Relationship Matchups

Stratasys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B990.0M1.3B1.3B1.1B729.5M
Short Long Term Debt Total21.7M21.8M15.0M17.8M18.7M14.2M
Other Current Liab62.5M56.7M100.0M80.3M70.5M74.1M
Total Current Liabilities159.9M132.2M210.5M210.7M176.4M185.2M
Total Stockholder Equity1.2B759.4M956.0M959.4M884.8M610.5M
Property Plant And Equipment Net210.6M222.5M217.9M213.2M216.4M227.3M
Current Deferred Revenue52.3M49.2M51.2M50.2M52.6M32.5M
Net Debt(271.7M)(250.2M)(228.2M)(132.6M)(63.9M)(67.1M)
Retained Earnings(1.5B)(2.0B)(2.0B)(2.1B)(2.2B)(2.1B)
Accounts Payable35.8M17.0M52.0M72.9M46.8M49.1M
Cash293.5M272.1M243.2M150.5M82.6M128.5M
Non Current Assets Total722.4M429.5M476.5M559.6M573.8M423.1M
Cash And Short Term Investments321.8M299.1M502.2M327.8M162.6M163.1M
Net Receivables132.6M106.1M129.4M144.7M172.0M180.6M
Common Stock Shares Outstanding54.3M54.9M63.5M66.5M68.7M35.4M
Liabilities And Stockholders Equity1.4B990.0M1.3B1.3B1.1B729.5M
Non Current Liabilities Total64.4M98.5M110.7M89.7M72.6M48.2M
Inventory168.5M131.7M129.1M194.1M193.0M202.6M
Other Current Assets29.7M16.9M33.1M27.8M32.5M34.2M
Other Stockholder Equity2.7B2.8B3.0B3.0B3.1B3.2B
Total Liab224.4M230.6M321.2M300.4M249.1M261.5M
Property Plant And Equipment Gross210.6M222.5M437.3M213.2M440.6M462.7M
Total Current Assets659.1M560.5M800.7M700.2M560.1M306.4M
Accumulated Other Comprehensive Income(7.7M)(8.8M)(8.8M)(12.8M)(7.1M)(6.7M)
Short Term Debt9.3M9.3M7.3M7.2M6.5M12.2M
Intangible Assets87.3M131.6M152.2M121.4M127.8M111.0M
Common Stock148K155K182K187K195K204.8K
Non Currrent Assets Other38.8M9.9M11.2M17.1M(113.3M)(107.7M)
Common Stock Total Equity145K146K148K155K178.3K164.9K
Short Term Investments28.3M27M259M177.4M80M51.0M
Other Assets38.8M24.0M12.5M18.4M21.2M12.6M
Property Plant Equipment210.6M222.5M217.9M213.2M245.2M257.4M
Good Will385.7M35.7M65.1M65.0M100.1M95.0M
Other Liab51.4M85.7M103.0M79.0M90.9M57.1M
Net Tangible Assets684.2M592.1M738.6M773.1M889.0M705.8M

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When determining whether Stratasys is a strong investment it is important to analyze Stratasys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stratasys' future performance. For an informed investment choice regarding Stratasys Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stratasys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stratasys Stock please use our How to Invest in Stratasys guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Stratasys' 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 Stratasys. If investors know Stratasys 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 Stratasys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.79)
Revenue Per Share
9.14
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.04)
Return On Equity
(0.13)
The market value of Stratasys is measured differently than its book value, which is the value of Stratasys that is recorded on the company's balance sheet. Investors also form their own opinion of Stratasys' value that differs from its market value or its book value, called intrinsic value, which is Stratasys' 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 Stratasys' market value can be influenced by many factors that don't directly affect Stratasys' 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 Stratasys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stratasys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stratasys' 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.