Cutera Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis
CUTR Stock | USD 2.02 0.04 1.94% |
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 Shares Outstanding and its Cash And Short Term Investments 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 Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cutera's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.71. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments 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 Shares Outstanding and Cash 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 Common Stock Shares Outstanding of Cutera Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Cutera's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cutera Inc balance sheet. This account contains Cutera investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cutera Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 05/29/2024, 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 Profit | 133.1M | 139.8M | 41.5M | 61.7M | Total Revenue | 231.3M | 252.4M | 212.4M | 112.8M |
Cutera fundamental ratios Correlations
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Cutera Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cutera fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 113.7M | 132.7M | 280.3M | 521.0M | 346.3M | 363.6M | |
Total Stockholder Equity | 45.9M | 56.9M | 56.6M | (15.2M) | (171.8M) | (163.2M) | |
Net Debt | (18.4M) | (21.7M) | (14.0M) | 284.7M | 288.3M | 302.7M | |
Retained Earnings | (36.4M) | (60.2M) | (58.2M) | (140.5M) | (303.3M) | (288.2M) | |
Cash | 26.3M | 47.0M | 164.2M | 145.9M | 143.6M | 150.8M | |
Other Assets | 6.8M | 22.8M | 11.6M | 15.2M | 1.0 | 0.95 | |
Cash And Short Term Investments | 33.9M | 47.0M | 164.2M | 317.3M | 143.6M | 87.1M | |
Common Stock Shares Outstanding | 14.1M | 16.7M | 18.4M | 18.7M | 19.9M | 15.1M | |
Liabilities And Stockholders Equity | 113.7M | 132.7M | 280.3M | 521.0M | 346.3M | 363.6M | |
Other Stockholder Equity | 82.3M | 117.1M | 114.7M | 125.4M | 131.5M | 80.7M | |
Total Liab | 67.8M | 75.9M | 223.7M | 536.2M | 518.1M | 544.0M | |
Total Current Assets | 95.0M | 106.3M | 249.7M | 451.2M | 269.2M | 282.6M | |
Other Current Liab | 32.3M | 32.3M | 54.1M | 57.5M | 54.2M | 56.9M | |
Total Current Liabilities | 55.8M | 50.7M | 73.9M | 105.8M | 87.7M | 92.1M | |
Property Plant And Equipment Net | 10.5M | 19.4M | 17.6M | 53.2M | 47.3M | 49.7M | |
Accounts Payable | 12.7M | 6.7M | 7.9M | 33.7M | 19.8M | 20.8M | |
Non Current Assets Total | 18.7M | 26.4M | 30.6M | 69.7M | 77.1M | 81.0M | |
Non Currrent Assets Other | 6.4M | 5.1M | 10.2M | 14.6M | 27.9M | 29.3M | |
Net Receivables | 21.6M | 22.0M | 31.4M | 45.6M | 49.4M | 51.9M | |
Short Term Investments | 21.7M | 9.5M | 7.6M | 0.0 | 74.0M | 171.4M | |
Non Current Liabilities Total | 12.0M | 25.1M | 149.8M | 430.3M | 430.4M | 451.9M | |
Inventory | 33.9M | 28.5M | 39.5M | 63.6M | 72.1M | 75.7M | |
Other Current Assets | 5.6M | 8.8M | 14.5M | 24.0M | 4.0M | 4.3M | |
Property Plant And Equipment Gross | 10.5M | 19.4M | 17.6M | 53.2M | 57.7M | 60.5M | |
Property Plant Equipment | 2.8M | 19.4M | 17.6M | 53.2M | 61.2M | 64.2M | |
Other Liab | 3.5M | 1.7M | 1.3M | 1.7M | 1.5M | 2.8M | |
Current Deferred Revenue | 10.8M | 9.5M | 9.5M | 11.8M | 10.4M | 7.7M | |
Accumulated Other Comprehensive Income | (60K) | 0.0 | (11K) | (94K) | (108.1K) | (113.5K) | |
Net Tangible Assets | 45.9M | 55.5M | 55.2M | (16.5M) | (14.9M) | (14.1M) | |
Retained Earnings Total Equity | (24.0M) | (36.4M) | (60.2M) | (140.5M) | (126.5M) | (120.1M) | |
Capital Surpluse | 70.5M | 82.3M | 117.1M | 125.4M | 144.2M | 100.2M | |
Deferred Long Term Liab | 5.2M | 3.4M | 3.4M | 4.2M | 4.8M | 5.1M | |
Short Term Debt | 24K | 2.3M | 2.4M | 2.8M | 3.3M | 3.8M | |
Short Long Term Debt Total | 7.9M | 25.4M | 150.1M | 430.6M | 431.9M | 453.5M | |
Non Current Liabilities Other | 5.8M | 242K | 763K | 862K | 1.3M | 1.4M | |
Capital Lease Obligations | 7.9M | 18.2M | 15.9M | 14.2M | 11.3M | 10.8M |
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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 (0.23) | 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.