Cutera Common Stock vs Net Working Capital Analysis

CUTR Stock  USD 2.28  0.02  0.88%   
Cutera financial indicator trend analysis is way more than just evaluating Cutera Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cutera Inc is a good investment. Please check the relationship between Cutera Common Stock and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cutera Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Common Stock vs Net Working Capital

Common Stock vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Common Stock account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cutera's Common Stock and Net Working Capital is 0.59. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Cutera Inc, assuming nothing else is changed. The correlation between historical values of Cutera's Common Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Cutera Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Common Stock i.e., Cutera's Common Stock and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Net Working Capital

Most indicators from Cutera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cutera Inc 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 Cutera Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Cutera's Selling General Administrative is relatively stable compared to the past year. As of 05/22/2024, Tax Provision is likely to grow to about 1.6 M, while Sales General And Administrative To Revenue is likely to drop 0.26.
 2021 2022 2023 2024 (projected)
Gross Profit133.1M139.8M41.5M61.7M
Total Revenue231.3M252.4M212.4M112.8M

Cutera fundamental ratios Correlations

-0.630.87-0.770.910.140.880.770.580.950.990.850.920.930.910.910.80.90.690.460.930.890.770.910.240.7
-0.63-0.890.95-0.690.18-0.27-0.34-0.09-0.85-0.56-0.67-0.68-0.82-0.66-0.86-0.93-0.81-0.270.29-0.87-0.82-0.14-0.87-0.03-0.31
0.87-0.89-0.920.78-0.10.630.530.330.970.830.730.80.940.860.940.90.880.450.150.980.880.430.960.110.49
-0.770.95-0.92-0.80.17-0.43-0.58-0.39-0.92-0.71-0.75-0.78-0.91-0.73-0.93-0.98-0.9-0.520.13-0.93-0.9-0.27-0.95-0.13-0.56
0.91-0.690.78-0.80.130.720.750.510.910.890.910.90.880.760.880.860.90.670.220.890.880.680.880.240.65
0.140.18-0.10.170.130.140.230.030.020.140.340.290.130.220.13-0.090.150.170.06-0.030.140.550.060.170.14
0.88-0.270.63-0.430.720.140.710.640.710.920.590.680.690.730.610.450.60.660.80.70.570.840.630.230.65
0.77-0.340.53-0.580.750.230.710.890.660.770.720.780.680.620.680.590.740.980.330.630.710.640.660.350.98
0.58-0.090.33-0.390.510.030.640.890.430.610.420.510.470.390.420.360.470.930.440.410.440.480.440.330.93
0.95-0.850.97-0.920.910.020.710.660.430.910.860.910.980.890.980.940.950.580.181.00.950.580.980.180.6
0.99-0.560.83-0.710.890.140.920.770.610.910.820.890.90.890.860.740.860.70.540.890.840.810.860.240.7
0.85-0.670.73-0.750.910.340.590.720.420.860.820.970.880.840.890.850.940.650.060.830.940.70.860.190.64
0.92-0.680.8-0.780.90.290.680.780.510.910.890.970.920.920.920.850.970.710.170.870.960.740.90.230.71
0.93-0.820.94-0.910.880.130.690.680.470.980.90.880.920.910.980.920.950.60.160.970.940.630.990.190.63
0.91-0.660.86-0.730.760.220.730.620.390.890.890.840.920.910.880.780.880.550.30.870.890.730.870.220.59
0.91-0.860.94-0.930.880.130.610.680.420.980.860.890.920.980.880.950.970.60.060.970.980.540.990.230.63
0.8-0.930.9-0.980.86-0.090.450.590.360.940.740.850.850.920.780.950.930.53-0.130.930.950.360.950.190.56
0.9-0.810.88-0.90.90.150.60.740.470.950.860.940.970.950.880.970.930.660.050.930.990.580.950.20.68
0.69-0.270.45-0.520.670.170.660.980.930.580.70.650.710.60.550.60.530.660.310.540.640.570.580.360.99
0.460.290.150.130.220.060.80.330.440.180.540.060.170.160.30.06-0.130.050.310.180.010.620.080.080.29
0.93-0.870.98-0.930.89-0.030.70.630.411.00.890.830.870.970.870.970.930.930.540.180.930.540.980.160.57
0.89-0.820.88-0.90.880.140.570.710.440.950.840.940.960.940.890.980.950.990.640.010.930.550.950.230.67
0.77-0.140.43-0.270.680.550.840.640.480.580.810.70.740.630.730.540.360.580.570.620.540.550.540.180.54
0.91-0.870.96-0.950.880.060.630.660.440.980.860.860.90.990.870.990.950.950.580.080.980.950.540.180.61
0.24-0.030.11-0.130.240.170.230.350.330.180.240.190.230.190.220.230.190.20.360.080.160.230.180.180.36
0.7-0.310.49-0.560.650.140.650.980.930.60.70.640.710.630.590.630.560.680.990.290.570.670.540.610.36
Click cells to compare fundamentals

Cutera Account Relationship Matchups

Cutera fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.7M132.7M280.3M521.0M346.3M363.6M
Total Stockholder Equity45.9M56.9M56.6M(15.2M)(171.8M)(163.2M)
Net Debt(18.4M)(21.7M)(14.0M)284.7M288.3M302.7M
Retained Earnings(36.4M)(60.2M)(58.2M)(140.5M)(303.3M)(288.2M)
Cash26.3M47.0M164.2M145.9M143.6M150.8M
Other Assets6.8M22.8M11.6M15.2M1.00.95
Cash And Short Term Investments33.9M47.0M164.2M317.3M143.6M87.1M
Common Stock Shares Outstanding14.1M16.7M18.4M18.7M19.9M15.1M
Liabilities And Stockholders Equity113.7M132.7M280.3M521.0M346.3M363.6M
Other Stockholder Equity82.3M117.1M114.7M125.4M131.5M80.7M
Total Liab67.8M75.9M223.7M536.2M518.1M544.0M
Total Current Assets95.0M106.3M249.7M451.2M269.2M282.6M
Other Current Liab32.3M32.3M54.1M57.5M54.2M56.9M
Total Current Liabilities55.8M50.7M73.9M105.8M87.7M92.1M
Property Plant And Equipment Net10.5M19.4M17.6M53.2M47.3M49.7M
Accounts Payable12.7M6.7M7.9M33.7M19.8M20.8M
Non Current Assets Total18.7M26.4M30.6M69.7M77.1M81.0M
Non Currrent Assets Other6.4M5.1M10.2M14.6M27.9M29.3M
Net Receivables21.6M22.0M31.4M45.6M49.4M51.9M
Short Term Investments21.7M9.5M7.6M0.074.0M171.4M
Non Current Liabilities Total12.0M25.1M149.8M430.3M430.4M451.9M
Inventory33.9M28.5M39.5M63.6M72.1M75.7M
Other Current Assets5.6M8.8M14.5M24.0M4.0M4.3M
Property Plant And Equipment Gross10.5M19.4M17.6M53.2M57.7M60.5M
Property Plant Equipment2.8M19.4M17.6M53.2M61.2M64.2M
Other Liab3.5M1.7M1.3M1.7M1.5M2.8M
Current Deferred Revenue10.8M9.5M9.5M11.8M10.4M7.7M
Accumulated Other Comprehensive Income(60K)0.0(11K)(94K)(108.1K)(113.5K)
Net Tangible Assets45.9M55.5M55.2M(16.5M)(14.9M)(14.1M)
Retained Earnings Total Equity(24.0M)(36.4M)(60.2M)(140.5M)(126.5M)(120.1M)
Capital Surpluse70.5M82.3M117.1M125.4M144.2M100.2M
Deferred Long Term Liab5.2M3.4M3.4M4.2M4.8M5.1M
Short Term Debt24K2.3M2.4M2.8M3.3M3.8M
Short Long Term Debt Total7.9M25.4M150.1M430.6M431.9M453.5M
Non Current Liabilities Other5.8M242K763K862K1.3M1.4M
Capital Lease Obligations7.9M18.2M15.9M14.2M11.3M10.8M

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When determining whether Cutera Inc is a strong investment it is important to analyze Cutera'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 Cutera's future performance. For an informed investment choice regarding Cutera Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cutera Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is Cutera'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 Cutera. If investors know Cutera 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 Cutera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.91)
Revenue Per Share
9.862
Quarterly Revenue Growth
(0.29)
Return On Assets
(0.24)
Return On Equity
(44.47)
The market value of Cutera Inc is measured differently than its book value, which is the value of Cutera that is recorded on the company's balance sheet. Investors also form their own opinion of Cutera's value that differs from its market value or its book value, called intrinsic value, which is Cutera'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 Cutera's market value can be influenced by many factors that don't directly affect Cutera'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 Cutera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cutera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cutera'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.