Apyx Net Income Common Stock vs Shareholders Equity Analysis

APYX Stock  USD 1.41  0.13  10.16%   
Trend analysis of Apyx Medical balance sheet accounts such as Short Long Term Debt Total of 40.4 M, Other Current Liabilities of 9.6 M or Total Current Liabilities of 13.4 M provides information on Apyx Medical's total assets, liabilities, and equity, which is the actual value of Apyx Medical to its prevalent stockholders. By breaking down trends over time using Apyx Medical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.

About Apyx Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Apyx Medical at a specified time, usually calculated after every quarter, six months, or one year. Apyx Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Apyx Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Apyx currently owns. An asset can also be divided into two categories, current and non-current.

Apyx Medical Balance Sheet Chart

Apyx Medical Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Apyx Medical uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Apyx Medical's Non Current Liabilities Total is fairly stable compared to the past year. Other Current Assets is likely to rise to about 2.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 24.4 M in 2024.

Total Assets

Total assets refers to the total amount of Apyx Medical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Apyx Medical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Apyx Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Apyx Medical are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Apyx Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apyx Medical 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 Apyx Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.At this time, Apyx Medical's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 88.8 M in 2024, despite the fact that Tax Provision is likely to grow to (2.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit33.6M29.1M14.1M12.4M
Total Revenue48.5M44.5M52.3M26.2M

Apyx Medical fundamental ratios Correlations

0.390.540.820.810.320.19-0.60.150.670.82-0.110.410.940.66-0.45-0.050.740.320.110.770.780.50.41.00.54
0.390.710.46-0.2-0.04-0.440.25-0.680.550.480.040.750.280.3-0.2-0.160.060.970.190.410.560.960.290.370.09
0.540.710.650.11-0.02-0.210.17-0.550.70.35-0.230.540.430.48-0.220.090.420.660.320.440.790.740.230.550.16
0.820.460.650.530.230.09-0.54-0.270.950.82-0.230.580.660.89-0.310.140.710.40.210.850.880.620.360.830.33
0.81-0.20.110.530.330.43-0.770.630.290.55-0.14-0.060.840.45-0.310.060.73-0.29-0.020.520.44-0.10.230.820.56
0.32-0.04-0.020.230.330.25-0.320.00.260.260.760.280.130.3-0.7-0.750.610.00.710.370.390.070.880.250.24
0.19-0.44-0.210.090.430.25-0.510.350.030.15-0.14-0.550.290.0-0.26-0.030.49-0.39-0.27-0.120.14-0.310.060.210.17
-0.60.250.17-0.54-0.77-0.32-0.51-0.46-0.35-0.730.170.09-0.6-0.480.19-0.16-0.60.30.22-0.63-0.320.11-0.18-0.61-0.41
0.15-0.68-0.55-0.270.630.00.35-0.46-0.49-0.07-0.1-0.590.34-0.270.080.090.04-0.71-0.36-0.11-0.41-0.68-0.230.160.34
0.670.550.70.950.290.260.03-0.35-0.490.7-0.130.640.470.82-0.350.040.610.520.340.770.870.710.40.670.25
0.820.480.350.820.550.260.15-0.73-0.070.7-0.120.450.740.65-0.320.030.580.42-0.060.850.690.580.370.820.43
-0.110.04-0.23-0.23-0.140.76-0.140.17-0.1-0.13-0.120.3-0.28-0.12-0.6-0.910.040.110.68-0.04-0.010.030.64-0.2-0.1
0.410.750.540.58-0.060.28-0.550.09-0.590.640.450.30.150.65-0.35-0.30.20.720.520.620.60.780.480.370.04
0.940.280.430.660.840.130.29-0.60.340.470.74-0.280.150.42-0.280.080.620.21-0.140.610.590.360.210.950.58
0.660.30.480.890.450.30.0-0.48-0.270.820.65-0.120.650.42-0.30.110.660.240.280.780.790.450.360.660.19
-0.45-0.2-0.22-0.31-0.31-0.7-0.260.190.08-0.35-0.32-0.6-0.35-0.28-0.30.78-0.47-0.23-0.42-0.32-0.55-0.28-0.49-0.38-0.2
-0.05-0.160.090.140.06-0.75-0.03-0.160.090.040.03-0.91-0.30.080.110.78-0.09-0.25-0.550.0-0.11-0.18-0.610.03-0.06
0.740.060.420.710.730.610.49-0.60.040.610.580.040.20.620.66-0.47-0.09-0.010.380.570.80.190.620.730.4
0.320.970.660.4-0.290.0-0.390.3-0.710.520.420.110.720.210.24-0.23-0.25-0.010.20.350.50.970.310.30.0
0.110.190.320.21-0.020.71-0.270.22-0.360.34-0.060.680.52-0.140.28-0.42-0.550.380.20.220.380.230.760.050.01
0.770.410.440.850.520.37-0.12-0.63-0.110.770.85-0.040.620.610.78-0.320.00.570.350.220.680.530.440.760.47
0.780.560.790.880.440.390.14-0.32-0.410.870.69-0.010.60.590.79-0.55-0.110.80.50.380.680.670.510.770.27
0.50.960.740.62-0.10.07-0.310.11-0.680.710.580.030.780.360.45-0.28-0.180.190.970.230.530.670.370.480.09
0.40.290.230.360.230.880.06-0.18-0.230.40.370.640.480.210.36-0.49-0.610.620.310.760.440.510.370.340.26
1.00.370.550.830.820.250.21-0.610.160.670.82-0.20.370.950.66-0.380.030.730.30.050.760.770.480.340.54
0.540.090.160.330.560.240.17-0.410.340.250.43-0.10.040.580.19-0.2-0.060.40.00.010.470.270.090.260.54
Click cells to compare fundamentals

Apyx Medical Account Relationship Matchups

Apyx Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.7M74.1M68.7M51.8M79.2M83.2M
Short Long Term Debt Total1.1M676K305K796K38.5M40.4M
Other Current Liab1.5M1.7M1.9M8.1M9.2M9.6M
Total Current Liabilities12.2M9.2M13.2M11.9M12.7M13.4M
Total Stockholder Equity71.3M63.7M53.7M37.6M26.7M24.4M
Property Plant And Equipment Net7.6M7.2M6.9M7.6M7.1M5.3M
Net Debt(57.7M)(41.2M)(30.6M)(9.4M)(5.2M)(5.4M)
Retained Earnings14.5M2.6M(12.6M)(35.7M)(54.4M)(51.7M)
Accounts Payable2.4M1.5M2.6M2.7M2.7M2.8M
Cash58.8M41.9M30.9M10.2M43.7M45.8M
Non Current Assets Total8.0M8.0M8.0M8.8M8.9M8.2M
Non Currrent Assets Other391K807K1.1M1.2M1.7M1.8M
Cash And Short Term Investments58.8M41.9M30.9M10.2M43.7M45.8M
Net Receivables9.2M17.3M21.2M18.2M14.1M14.8M
Common Stock Shares Outstanding34.1M34.2M34.3M34.5M34.6M22.4M
Liabilities And Stockholders Equity84.7M74.1M68.7M51.8M79.2M83.2M
Non Current Liabilities Total1.2M1.1M1.5M2.1M39.6M41.6M
Inventory5.1M4.1M6.8M11.8M9.9M5.3M
Other Current Assets3.6M2.8M1.9M2.7M2.7M2.9M
Other Stockholder Equity56.7M61.1M66.2M73.3M81.1M85.2M
Total Liab13.4M10.3M14.7M14.0M52.3M54.9M
Property Plant And Equipment Gross7.5M7.2M6.9M7.6M10.7M5.4M
Total Current Assets76.7M66.1M60.7M43.0M70.4M73.9M
Other Assets191K1.5M1.1M1.2M1.4M1.1M
Property Plant Equipment6.6M7.2M6.6M6.8M7.8M5.8M
Net Tangible Assets71.3M63.7M53.7M37.6M43.2M40.5M
Retained Earnings Total Equity14.5M2.6M(12.6M)(35.7M)(41.1M)(39.0M)
Capital Surpluse56.7M61.1M66.2M73.3M84.3M51.5M

Pair Trading with Apyx 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 Apyx 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 Apyx Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apyx Stock

  0.7DH Definitive Healthcare Financial Report 2nd of May 2024 PairCorr
  0.7DYNT Dynatronics Financial Report 9th of May 2024 PairCorr

Moving against Apyx Stock

  0.71CAH Cardinal Health Financial Report 2nd of May 2024 PairCorr
  0.63FEMY Femasys Report 4th of April 2024 PairCorr
  0.52NYXH Nyxoah Financial Report 21st of May 2024 PairCorr
  0.46NVNO EnVVeno Medical Corp Financial Report 6th of May 2024 PairCorr
The ability to find closely correlated positions to Apyx 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 Apyx 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 Apyx 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 Apyx Medical to buy it.
The correlation of Apyx 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 Apyx Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apyx Medical 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 Apyx 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.
Pair CorrelationCorrelation Matching
When determining whether Apyx Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apyx Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apyx Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apyx Medical Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Apyx Stock analysis

When running Apyx Medical's price analysis, check to measure Apyx 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 Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to predict the probability of Apyx 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 Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.
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Is Apyx 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 Apyx Medical. If investors know Apyx 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 Apyx Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
1.512
Quarterly Revenue Growth
0.163
Return On Assets
(0.19)
Return On Equity
(0.58)
The market value of Apyx Medical is measured differently than its book value, which is the value of Apyx that is recorded on the company's balance sheet. Investors also form their own opinion of Apyx Medical's value that differs from its market value or its book value, called intrinsic value, which is Apyx 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 Apyx Medical's market value can be influenced by many factors that don't directly affect Apyx 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 Apyx Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apyx Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apyx 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.