Icad Interest Coverage from 2010 to 2023

ICAD Stock  USD 1.25  0.04  3.10%   
Icad Interest Coverage is decreasing over the years with slightly volatile fluctuation. Interest Coverage is expected to dwindle to 0.28. During the period from 2010 to 2023 Icad Interest Coverage anual values regression line had geometric mean of 0.31 and mean square error of  0.00010178. Icad Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 10,000. The current year's Operating Expenses is expected to grow to about 36.6 M, whereas Consolidated Income is forecasted to decline to (14.7 M).
  
Check Icad financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icad main balance sheet or income statement drivers, such as Direct Expenses of 7.9 M, Cost of Revenue of 8.1 M or Gross Profit of 20 M, as well as many exotic indicators such as Interest Coverage of 0.28, Long Term Debt to Equity of 0.21 or PPandE Turnover of 26.43. Icad financial statements analysis is a perfect complement when working with Icad Valuation or Volatility modules. It can also supplement Icad's financial leverage analysis and stock options assessment as well as various Icad Technical models . Check out the analysis of Icad Correlation against competitors.
All Fundamentals

About Icad Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Icad income statement, its balance sheet, and the statement of cash flows. Icad investors use historical funamental indicators, such as Icad's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Icad investors may use each financial statement separately, they are all related. The changes in Icad's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Icad'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 Icad Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Icad. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Interest Coverage 0.28  0.28 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-12.5 M-13.5 M

Icad Investors Sentiment

The influence of Icad'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 Icad. 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 Icad's public news can be used to forecast risks associated with an investment in Icad. The trend in average sentiment can be used to explain how an investor holding Icad can time the market purely based on public headlines and social activities around Icad Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Icad'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 Icad'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 Icad's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Icad.
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 Icad 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, Icad's short interest history, or implied volatility extrapolated from Icad options trading.

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Check out the analysis of Icad Correlation against competitors. Note that the Icad Inc information on this page should be used as a complementary analysis to other Icad'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.56) 
Revenue Per Share
1.039
Quarterly Revenue Growth
(0.23) 
Return On Assets
(0.17) 
Return On Equity
(0.37) 
The market value of Icad Inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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. Check out the analysis of Icad Correlation against competitors.