Aesthetic Other Liab vs Short Term Investments Analysis
AIH Stock | USD 0.41 0.04 8.89% |
Aesthetic Medical financial indicator trend analysis is way more than just evaluating Aesthetic Medical Intl prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aesthetic Medical Intl is a good investment. Please check the relationship between Aesthetic Medical Other Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aesthetic Medical Intl. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Other Liab vs Short Term Investments
Other Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aesthetic Medical Intl Other Liab account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aesthetic Medical's Other Liab and Short Term Investments is 0.61. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Aesthetic Medical Intl, assuming nothing else is changed. The correlation between historical values of Aesthetic Medical's Other Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Aesthetic Medical Intl are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Liab i.e., Aesthetic Medical's Other Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Short Term Investments
Short Term Investments is an item under the current assets section of Aesthetic Medical balance sheet. It contains any investments Aesthetic Medical Intl undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Aesthetic Medical Intl can easily liquidate in the marketplace.Most indicators from Aesthetic Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aesthetic Medical Intl current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aesthetic Medical Intl. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. As of now, Aesthetic Medical's Selling General Administrative is increasing as compared to previous years. The Aesthetic Medical's current Enterprise Value Over EBITDA is estimated to increase to 16.37, while Tax Provision is forecasted to increase to (14.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.2M | 21.6M | 14.5M | 18.6M | Depreciation And Amortization | 99.1M | 61.5M | 65.9M | 71.1M |
Aesthetic Medical fundamental ratios Correlations
Click cells to compare fundamentals
Aesthetic Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aesthetic Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.0B | 576.9M | 546.4M | 560.7M | 554.2M | |
Short Long Term Debt Total | 342.3M | 460.8M | 405.9M | 393.1M | 244.6M | 343.8M | |
Other Current Liab | 79.0M | 87.7M | 89.4M | 62.7M | 47.0M | 56.9M | |
Total Current Liabilities | 265.3M | 301.7M | 541.7M | 543.8M | 411.4M | 346.5M | |
Total Stockholder Equity | 547.5M | 390.9M | (156.7M) | (113.7M) | 48.9M | 46.4M | |
Other Liab | 2.3M | 12.7M | 21.6M | 285K | 327.8K | 311.4K | |
Net Tangible Assets | 372.1M | 182.5M | (193.9M) | (150.9M) | (135.8M) | (129.0M) | |
Retained Earnings | (242.2M) | (477.9M) | (1.1B) | (1.1B) | (1.2B) | (1.1B) | |
Accounts Payable | 17.0M | 33.7M | 31.3M | 46.8M | 42.4M | 29.5M | |
Cash | 154.5M | 44.4M | 39.3M | 12.2M | 62.3M | 64.9M | |
Non Current Assets Total | 782.4M | 831.9M | 463.2M | 468.8M | 449.1M | 514.2M | |
Non Currrent Assets Other | 57.7M | 51.9M | 16.6M | 48.4M | 108.0M | 113.4M | |
Other Assets | 77.4M | 83.2M | 62.3M | 109.5M | 126.0M | 77.3M | |
Long Term Debt | 12.9M | 110.1M | 115.7M | 29.1M | 31.4M | 29.8M | |
Cash And Short Term Investments | 154.5M | 44.4M | 39.3M | 12.2M | 62.3M | 66.9M | |
Net Receivables | 84.1M | 119.7M | 43.9M | 10.5M | 12.9M | 12.3M | |
Good Will | 115.2M | 161.5M | 54.4M | 33.0M | 29.7M | 53.2M | |
Common Stock Shares Outstanding | 23.6M | 21.7M | 22.0M | 27.3M | 43.9M | 31.0M | |
Short Term Investments | 1.24 | 62.4M | 42.2M | 23.7M | 19.6M | 23.3M | |
Liabilities And Stockholders Equity | 1.0B | 1.0B | 576.9M | 546.4M | 560.7M | 690.8M | |
Non Current Liabilities Total | 191.2M | 310.7M | 221.7M | 128.4M | 115.7M | 152.7M | |
Capital Lease Obligations | 201.9M | 214.9M | 134.0M | 126.7M | 119.7M | 109.6M | |
Inventory | 26.1M | 33.3M | 30.6M | 27.9M | 15.6M | 26.6M | |
Other Stockholder Equity | 260.5M | 901.2M | (41K) | (2.0M) | (1.8M) | (1.7M) | |
Total Liab | 456.5M | 612.4M | 763.4M | 672.3M | 527.0M | 602.8M | |
Long Term Investments | 26.2M | 10.3M | 8.3M | 4.9M | 1.2M | 0.0 | |
Property Plant And Equipment Gross | 534.7M | 531.9M | 735.7M | 698.3M | 720.0M | 510.6M | |
Short Long Term Debt | 127.5M | 135.8M | 156.2M | 237.3M | 93.4M | 116.8M | |
Total Current Assets | 264.7M | 206.2M | 113.7M | 77.6M | 111.6M | 151.6M | |
Accumulated Other Comprehensive Income | 789.3M | 870.4M | 909.4M | 1.0B | 1.2B | 776.8M | |
Short Term Debt | 163.7M | 171.7M | 184.5M | 264.7M | 128.9M | 139.2M | |
Intangible Assets | 60.2M | 46.9M | (17.2M) | 4.3M | 3.9M | 3.7M | |
Property Plant Equipment | 519.3M | 531.9M | 358.7M | 320.8M | 368.9M | 370.1M | |
Property Plant And Equipment Net | 519.3M | 531.9M | 358.7M | 320.8M | 304.2M | 389.8M | |
Current Deferred Revenue | 5.5M | 8.6M | 236.5M | 169.7M | 193.0M | 98.1M | |
Net Debt | 187.8M | 416.4M | 366.6M | 380.9M | 182.2M | 311.2M | |
Net Invested Capital | 687.9M | 636.8M | 115.2M | 152.8M | 173.7M | 315.1M |
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 Aesthetic Medical 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, Aesthetic Medical's short interest history, or implied volatility extrapolated from Aesthetic Medical options trading.
Pair Trading with Aesthetic Medical
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 Aesthetic Medical 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 Aesthetic Medical will appreciate offsetting losses from the drop in the long position's value.Moving together with Aesthetic Stock
0.63 | OM | Outset MedicalInc | PairCorr |
Moving against Aesthetic Stock
0.61 | EW | Edwards Lifesciences Corp Earnings Call This Week | PairCorr |
0.51 | DXCM | DexCom Inc | PairCorr |
0.5 | HIMS | Hims Hers Health Earnings Call Tomorrow | PairCorr |
0.44 | SEM | Select Medical Holdings | PairCorr |
The ability to find closely correlated positions to Aesthetic Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aesthetic Medical 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 Aesthetic Medical - 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 Aesthetic Medical Intl to buy it.
The correlation of Aesthetic Medical 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 Aesthetic Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aesthetic Medical Intl 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 Aesthetic Medical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aesthetic Medical Intl. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running Aesthetic Medical's price analysis, check to measure Aesthetic Medical'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 Aesthetic Medical is operating at the current time. Most of Aesthetic Medical's value examination focuses on studying past and present price action to predict the probability of Aesthetic Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aesthetic Medical's price. Additionally, you may evaluate how the addition of Aesthetic Medical to your portfolios can decrease your overall portfolio volatility.
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Is Aesthetic Medical'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 Aesthetic Medical. If investors know Aesthetic 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 Aesthetic Medical 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 12.19 | Earnings Share (0.12) | Revenue Per Share 15.554 | Quarterly Revenue Growth 0.105 | Return On Assets (0.06) |
The market value of Aesthetic Medical Intl is measured differently than its book value, which is the value of Aesthetic that is recorded on the company's balance sheet. Investors also form their own opinion of Aesthetic Medical's value that differs from its market value or its book value, called intrinsic value, which is Aesthetic Medical'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 Aesthetic Medical's market value can be influenced by many factors that don't directly affect Aesthetic Medical'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 Aesthetic Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aesthetic Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aesthetic Medical'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.