EDAP Debt To Equity from 2010 to 2024
| EDAP Stock | USD 7.15 0.11 1.52% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.07840553 | Current Value 0.0745 | Quarterly Volatility 0.39312974 |
Check EDAP TMS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EDAP main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 447.2 K or Selling General Administrative of 15.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0 or PTB Ratio of 2.0. EDAP financial statements analysis is a perfect complement when working with EDAP TMS Valuation or Volatility modules.
EDAP | Debt To Equity |
Latest EDAP TMS's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of EDAP TMS SA over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. EDAP TMS's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EDAP TMS's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.13 % | 10 Years Trend |
|
Debt To Equity |
| Timeline |
EDAP Debt To Equity Regression Statistics
| Arithmetic Mean | 0.32 | |
| Geometric Mean | 0.21 | |
| Coefficient Of Variation | 121.09 | |
| Mean Deviation | 0.25 | |
| Median | 0.21 | |
| Standard Deviation | 0.39 | |
| Sample Variance | 0.15 | |
| Range | 1.4278 | |
| R-Value | (0.54) | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.29 | |
| Significance | 0.04 | |
| Slope | (0.05) | |
| Total Sum of Squares | 2.16 |
EDAP Debt To Equity History
About EDAP TMS Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EDAP TMS income statement, its balance sheet, and the statement of cash flows. EDAP TMS investors use historical funamental indicators, such as EDAP TMS's Debt To Equity, to determine how well the company is positioned to perform in the future. Although EDAP TMS investors may use each financial statement separately, they are all related. The changes in EDAP TMS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EDAP TMS'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 EDAP TMS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EDAP TMS. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.08 | 0.07 |
Pair Trading with EDAP TMS
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 EDAP TMS 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 EDAP TMS will appreciate offsetting losses from the drop in the long position's value.Moving against EDAP Stock
| 0.79 | SIBN | Si Bone Financial Report 6th of May 2024 | PairCorr |
| 0.78 | SRDX | SurModics Financial Report 24th of April 2024 | PairCorr |
| 0.75 | DH | Definitive Healthcare Financial Report 2nd of May 2024 | PairCorr |
| 0.69 | GH | Guardant Health Upward Rally | PairCorr |
| 0.68 | HCAT | Health Catalyst Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to EDAP TMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDAP TMS 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 EDAP TMS - 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 EDAP TMS SA to buy it.
The correlation of EDAP TMS 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 EDAP TMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDAP TMS SA 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 EDAP TMS 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 EDAP TMS Correlation against competitors. Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS's 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for EDAP Stock analysis
When running EDAP TMS's price analysis, check to measure EDAP TMS'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 EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is EDAP TMS'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 EDAP TMS. If investors know EDAP 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 EDAP TMS 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 (0.62) | Earnings Share (0.61) | Revenue Per Share 1.633 | Quarterly Revenue Growth 0.248 | Return On Assets (0.11) |
The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS'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 EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS'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 EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS'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.