AtriCure Financial Statements From 2010 to 2024

ATRC Stock  USD 23.17  0.46  2.03%   
AtriCure financial statements provide useful quarterly and yearly information to potential AtriCure investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on AtriCure financial statements helps investors assess AtriCure's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting AtriCure's valuation are summarized below:
Gross Profit
245.9 M
Profit Margin
(0.08)
Market Capitalization
1.1 B
Enterprise Value Revenue
2.7616
Revenue
399.2 M
We have found one hundred twenty available fundamental signals for AtriCure, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to validate all of AtriCure's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. As of April 24, 2024, Market Cap is expected to decline to about 60.5 M. In addition to that, Enterprise Value is expected to decline to about 54.9 M

AtriCure Total Revenue

419.21 Million

Check AtriCure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AtriCure main balance sheet or income statement drivers, such as Interest Expense of 7.3 M, Total Revenue of 419.2 M or Gross Profit of 312.3 M, as well as many exotic indicators such as Price To Sales Ratio of 3.93, Dividend Yield of 0.0 or PTB Ratio of 3.76. AtriCure financial statements analysis is a perfect complement when working with AtriCure Valuation or Volatility modules.
  
This module can also supplement AtriCure's financial leverage analysis and stock options assessment as well as various AtriCure Technical models . Check out the analysis of AtriCure Correlation against competitors.
For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.

AtriCure Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets644.6 M613.9 M349.6 M
Slightly volatile
Total Stockholder Equity489.5 M466.2 M237.1 M
Slightly volatile
Other Assets0.951.01.7 M
Pretty Stable
Common Stock Shares Outstanding24.2 M46.3 M29.9 M
Slightly volatile
Liabilities And Stockholders Equity644.6 M613.9 M349.6 M
Slightly volatile
Other Stockholder Equity865.4 M824.2 M455.4 M
Slightly volatile
Total Liabilities80.4 M147.8 M107.5 M
Slightly volatile
Other Current Liabilities46.9 M44.7 M22.2 M
Slightly volatile
Total Current Liabilities78.3 M74.6 M38.4 M
Slightly volatile
Accounts Payable28.7 M27.4 M13 M
Slightly volatile
Cash88.5 M84.3 M34.5 M
Slightly volatile
Inventory71.3 M67.9 M27.1 M
Slightly volatile
Other Current AssetsM8.6 M3.6 M
Slightly volatile
Common Stock28.1 K48 K32 K
Slightly volatile
Property Plant Equipment51.5 M49 M25.5 M
Slightly volatile
Property Plant And Equipment Net49.1 M46.8 M25.6 M
Slightly volatile
Non Current Assets Total365.1 M347.7 M214.3 M
Slightly volatile
Non Currrent Assets Other2.3 M2.2 M790.5 K
Slightly volatile
Cash And Short Term Investments144.1 M137.3 M80.2 M
Slightly volatile
Net Receivables55.1 M52.5 M25.2 M
Slightly volatile
Common Stock Total Equity28.2 K54 K32.4 K
Slightly volatile
Non Current Liabilities Total60 M73.2 M75.5 M
Slightly volatile
Property Plant And Equipment Gross104.1 M99.2 M32.8 M
Slightly volatile
Total Current Assets279.6 M266.2 M136 M
Slightly volatile
Short and Long Term Debt Total78.2 M74.5 M41.2 M
Slightly volatile
Long Term Debt63.6 M60.6 M31.2 M
Slightly volatile
Good Will283.5 M270 M132.6 M
Slightly volatile
Short Term Investments40.8 M53 M45.4 M
Slightly volatile
Short Term Debt2.5 M2.5 M2.7 M
Slightly volatile
Intangible Assets36.9 M64 M44.8 M
Slightly volatile
Other Liabilities1.3 M1.4 M35.4 M
Pretty Stable
Current Deferred Revenue978.9 K797.4 K1.1 M
Slightly volatile
Long Term Debt Total34.9 M65.4 M32.4 M
Slightly volatile
Capital Surpluse470.9 M905.5 M442.1 M
Slightly volatile
Non Current Liabilities Other1.2 M1.2 M39.1 M
Pretty Stable
Short and Long Term Debt3.3 M2.5 MM
Slightly volatile
Capital Lease Obligations10.4 M11.4 M13 M
Slightly volatile
Net Invested Capital447.1 M529.3 M306.2 M
Slightly volatile
Net Working Capital160.9 M191.7 M102.5 M
Slightly volatile
Capital Stock48.6 K48 K41.7 K
Slightly volatile

AtriCure Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue419.2 M399.2 M189.7 M
Slightly volatile
Gross Profit312.3 M297.4 M139.4 M
Slightly volatile
Other Operating Expenses451.9 M430.3 M214.6 M
Slightly volatile
Cost Of Revenue106.9 M101.8 M50.3 M
Slightly volatile
Total Operating Expenses344.9 M328.5 M164.3 M
Slightly volatile
Income Tax Expense797.4 K591 K413.4 K
Pretty Stable
Selling General Administrative265.8 M253.1 M117 M
Slightly volatile
Research Development77.6 M73.9 M35.4 M
Slightly volatile
Tax Provision620.5 K591 K165.1 K
Slightly volatile
Interest IncomeM3.8 M1.2 M
Slightly volatile
Reconciled Depreciation11.6 M14.8 M9.9 M
Slightly volatile
Non Recurring65.8 M74.1 M80.7 M
Slightly volatile

AtriCure Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures44.1 M42 M12.8 M
Slightly volatile
End Period Cash Flow88.5 M84.3 M34.5 M
Slightly volatile
Begin Period Cash Flow61 M58.1 M27.4 M
Slightly volatile
Depreciation15.6 M14.8 M7.8 M
Slightly volatile
Stock Based Compensation37.5 M35.7 M16.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.934.139787.769
Slightly volatile
Dividend Yield0.00.00.027
Slightly volatile
PTB Ratio3.763.54545.8277
Slightly volatile
Days Sales Outstanding57.247.997851.5203
Slightly volatile
Book Value Per Share10.5710.06656.2219
Slightly volatile
Invested Capital0.150.13540.2057
Pretty Stable
Average PayablesM3.7 M3.7 M
Very volatile
Stock Based Compensation To Revenue0.05730.08950.0724
Slightly volatile
PB Ratio3.763.54545.8277
Slightly volatile
EV To Sales3.914.115187.7895
Slightly volatile
Inventory Turnover2.661.49972.3997
Slightly volatile
Days Of Inventory On Hand130243165
Slightly volatile
Payables Turnover4.383.72264.1498
Very volatile
Sales General And Administrative To Revenue0.780.740.683
Very volatile
Average Inventory3.8 M5.5 M5.6 M
Pretty Stable
Research And Ddevelopement To Revenue0.220.18510.191
Very volatile
Cash Per Share1.722.96452.2205
Slightly volatile
Days Payables Outstanding11098.049894.6309
Very volatile
Intangibles To Total Assets0.260.48660.3855
Slightly volatile
Current Ratio3.83.57053.3154
Slightly volatile
Receivables Turnover5.727.60457.1683
Slightly volatile
Graham Number14.0912.201310.3905
Slightly volatile
Shareholders Equity Per Share10.5710.06656.2219
Slightly volatile
Debt To Equity0.150.13540.2057
Pretty Stable
Average Receivables4.8 M7.5 M7.6 M
Pretty Stable
Revenue Per Share9.058.62135.2939
Slightly volatile
Debt To Assets0.0880.10280.115
Very volatile
Operating Cycle172291215
Slightly volatile
Price Book Value Ratio3.763.54545.8277
Slightly volatile
Days Of Payables Outstanding11098.049894.6309
Very volatile
Company Equity Multiplier1.11.3171.5893
Slightly volatile
Long Term Debt To Capitalization0.10.1150.1403
Very volatile
Total Debt To Capitalization0.120.11930.1576
Pretty Stable
Debt Equity Ratio0.150.13540.2057
Pretty Stable
Quick Ratio3.042.54512.6228
Slightly volatile
Net Income Per E B T1.111.01981.0116
Slightly volatile
Cash Ratio1.251.13060.8946
Very volatile
Cash Conversion Cycle203193130
Slightly volatile
Days Of Inventory Outstanding130243165
Slightly volatile
Days Of Sales Outstanding57.247.997851.5203
Slightly volatile
Price To Book Ratio3.763.54545.8277
Slightly volatile
Fixed Asset Turnover12.368.538410.1231
Slightly volatile
Debt Ratio0.0880.10280.115
Very volatile
Price Sales Ratio3.934.139787.769
Slightly volatile
Asset Turnover0.940.65030.7363
Slightly volatile
Gross Profit Margin0.580.74490.7092
Very volatile
Price Fair Value3.763.54545.8277
Slightly volatile

AtriCure Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap60.5 M79.2 M81.3 M
Pretty Stable
Enterprise Value54.9 M73.6 M75.6 M
Pretty Stable

AtriCure Fundamental Market Drivers

Cash And Short Term Investments137.3 M

AtriCure Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About AtriCure Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AtriCure income statement, its balance sheet, and the statement of cash flows. AtriCure investors use historical funamental indicators, such as AtriCure's revenue or net income, to determine how well the company is positioned to perform in the future. Although AtriCure investors may use each financial statement separately, they are all related. The changes in AtriCure's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AtriCure's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AtriCure Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AtriCure. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue797.4 K978.9 K
Total Revenue399.2 M419.2 M
Cost Of Revenue101.8 M106.9 M
Stock Based Compensation To Revenue 0.09  0.06 
Sales General And Administrative To Revenue 0.74  0.78 
Research And Ddevelopement To Revenue 0.19  0.22 
Capex To Revenue(0.11)(0.11)
Revenue Per Share 8.62  9.05 
Ebit Per Revenue(0.08)(0.08)

AtriCure Investors Sentiment

The influence of AtriCure's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AtriCure. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AtriCure's public news can be used to forecast risks associated with an investment in AtriCure. The trend in average sentiment can be used to explain how an investor holding AtriCure can time the market purely based on public headlines and social activities around AtriCure. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AtriCure's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AtriCure's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AtriCure's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AtriCure.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AtriCure in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AtriCure's short interest history, or implied volatility extrapolated from AtriCure options trading.

Pair Trading with AtriCure

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

Moving together with AtriCure Stock

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Moving against AtriCure Stock

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The ability to find closely correlated positions to AtriCure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AtriCure 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 AtriCure - 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 AtriCure to buy it.
The correlation of AtriCure 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 AtriCure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AtriCure 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 AtriCure 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 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:
Check out the analysis of AtriCure Correlation against competitors.
For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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
(0.66)
Revenue Per Share
8.621
Quarterly Revenue Growth
0.21
Return On Assets
(0.03)
Return On Equity
(0.07)
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.