Electromed Total Debt To Capitalization from 2010 to 2024

ELMD Stock  USD 16.15  0.26  1.58%   
Electromed's Total Debt To Capitalization is decreasing over the years with slightly volatile fluctuation. Total Debt To Capitalization is expected to dwindle to 0. During the period from 2010 to 2024 Electromed Total Debt To Capitalization annual values regression line had geometric mean of  0.02 and mean square error of  0.01. View All Fundamentals
 
Total Debt To Capitalization  
First Reported
2010-12-31
Previous Quarter
0.002437
Current Value
0.002315
Quarterly Volatility
0.1133781
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electromed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electromed main balance sheet or income statement drivers, such as Depreciation And Amortization of 669.7 K, Interest Expense of 85.2 K or Selling General Administrative of 38.2 M, as well as many exotic indicators such as Short Term Coverage Ratios of 24.35, Price Earnings Ratio of 31.21 or Price To Sales Ratio of 1.35. Electromed financial statements analysis is a perfect complement when working with Electromed Valuation or Volatility modules.
  
This module can also supplement Electromed's financial leverage analysis and stock options assessment as well as various Electromed Technical models . Check out the analysis of Electromed Correlation against competitors.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.

Latest Electromed's Total Debt To Capitalization Growth Pattern

Below is the plot of the Total Debt To Capitalization of Electromed over the last few years. It is Electromed's Total Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electromed's overall financial position and show how it may be relating to other accounts over time.
Total Debt To Capitalization10 Years Trend
Slightly volatile
   Total Debt To Capitalization   
       Timeline  

Electromed Total Debt To Capitalization Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.02
Coefficient Of Variation158.76
Mean Deviation0.07
Median0.05
Standard Deviation0.11
Sample Variance0.01
Range0.4333
R-Value(0.75)
Mean Square Error0.01
R-Squared0.57
Significance0
Slope(0.02)
Total Sum of Squares0.18

Electromed Total Debt To Capitalization History

2024 0.002315
2023 0.002437
2021 0.002119
2020 0.001017
2019 0.002385
2018 0.001177
2017 0.0479

About Electromed Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Electromed income statement, its balance sheet, and the statement of cash flows. Electromed investors use historical funamental indicators, such as Electromed's Total Debt To Capitalization, to determine how well the company is positioned to perform in the future. Although Electromed investors may use each financial statement separately, they are all related. The changes in Electromed's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Electromed'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 Electromed Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Electromed. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Total Debt To Capitalization 0  0 

Pair Trading with Electromed

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

Moving against Electromed Stock

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The ability to find closely correlated positions to Electromed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electromed 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 Electromed - 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 Electromed to buy it.
The correlation of Electromed 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 Electromed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electromed 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 Electromed 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 Electromed is a strong investment it is important to analyze Electromed's 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 Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
Check out the analysis of Electromed Correlation against competitors.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Electromed Stock analysis

When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
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Is Electromed'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 Electromed. If investors know Electromed 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 Electromed 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
0.727
Earnings Share
0.45
Revenue Per Share
6.072
Quarterly Revenue Growth
0.167
Return On Assets
0.0721
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed'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 Electromed's market value can be influenced by many factors that don't directly affect Electromed'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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed'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.