Cutera Net Current Assets as percentage of Total Assets from 2010 to 2024
| CUTR Stock | USD 1.96 0.19 8.84% |
Check Cutera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cutera main balance sheet or income statement drivers, such as Interest Expense of 14.7 M, Selling General Administrative of 72.5 M or Selling And Marketing Expenses of 118.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0 or Days Sales Outstanding of 78.27. Cutera financial statements analysis is a perfect complement when working with Cutera Valuation or Volatility modules.
Cutera | Net Current Assets as percentage of Total Assets |
About Cutera Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cutera income statement, its balance sheet, and the statement of cash flows. Cutera investors use historical funamental indicators, such as Cutera's Net Current Assets as percentage of Total Assets, to determine how well the company is positioned to perform in the future. Although Cutera investors may use each financial statement separately, they are all related. The changes in Cutera's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cutera'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 Cutera Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cutera. Please read more on our technical analysis and fundamental analysis pages.
Cutera, Inc., a medical device company, researches, develops, manufactures, markets, and services laser and energy-based aesthetics systems for practitioners worldwide. Cutera, Inc. was incorporated in 1988 and is headquartered in Brisbane, California. Cutera operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 461 people.
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 against Cutera Stock
| 0.86 | ELEV | Elevation Oncology Earnings Call This Week | PairCorr |
| 0.79 | AGTI | Agiliti Financial Report 14th of May 2024 | PairCorr |
| 0.78 | VKTX | Viking Therapeutics Potential Growth | PairCorr |
| 0.75 | DSGN | Design Therapeutics Financial Report 14th of May 2024 | PairCorr |
| 0.63 | RCM | R1 RCM Inc 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 the analysis of Cutera Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 (5.76) | 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.