Cutera Common Stock Total Equity vs Inventory Analysis

CUTR Stock

USD 2.23 0.08 3.72%

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 Total Equity and its Inventory 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 Total Equity vs Inventory

Common Stock Total Equity vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Common Stock Total Equity account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cutera's Common Stock Total Equity and Inventory is 0.64. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Inventory 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 Total Equity and Inventory 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 Total Equity of Cutera Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Total Equity i.e., Cutera's Common Stock Total Equity and Inventory go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Inventory

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 06/04/2024, 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

Gross Profit Total Revenue

Cutera fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Common Stock
Total Assets		-0.63	0.87	-0.77	0.91	0.14	0.88	0.77	0.58	0.95	0.99	0.85	0.92	0.93	0.91	0.91	0.8	0.9	0.69	0.46	0.93	0.89	0.77	0.91	0.24	0.7
Total Stockholder Equity	-0.63		-0.89	0.95	-0.69	0.18	-0.27	-0.34	-0.09	-0.85	-0.56	-0.67	-0.68	-0.82	-0.66	-0.86	-0.93	-0.81	-0.27	0.29	-0.87	-0.82	-0.14	-0.87	-0.03	-0.31
Net Debt	0.87	-0.89		-0.92	0.78	-0.1	0.63	0.53	0.33	0.97	0.83	0.73	0.8	0.94	0.86	0.94	0.9	0.88	0.45	0.15	0.98	0.88	0.43	0.96	0.11	0.49
Retained Earnings	-0.77	0.95	-0.92		-0.8	0.17	-0.43	-0.58	-0.39	-0.92	-0.71	-0.75	-0.78	-0.91	-0.73	-0.93	-0.98	-0.9	-0.52	0.13	-0.93	-0.9	-0.27	-0.95	-0.13	-0.56
Cash	0.91	-0.69	0.78	-0.8		0.13	0.72	0.75	0.51	0.91	0.89	0.91	0.9	0.88	0.76	0.88	0.86	0.9	0.67	0.22	0.89	0.88	0.68	0.88	0.24	0.65
Other Assets	0.14	0.18	-0.1	0.17	0.13		0.14	0.23	0.03	0.02	0.14	0.34	0.29	0.13	0.22	0.13	-0.09	0.15	0.17	0.06	-0.03	0.14	0.55	0.06	0.17	0.14
Cash And Short Term Investments	0.88	-0.27	0.63	-0.43	0.72	0.14		0.71	0.64	0.71	0.92	0.59	0.68	0.69	0.73	0.61	0.45	0.6	0.66	0.8	0.7	0.57	0.84	0.63	0.23	0.65
Common Stock Shares Outstanding	0.77	-0.34	0.53	-0.58	0.75	0.23	0.71		0.89	0.66	0.77	0.72	0.78	0.68	0.62	0.68	0.59	0.74	0.98	0.33	0.63	0.71	0.64	0.66	0.35	0.98
Other Stockholder Equity	0.58	-0.09	0.33	-0.39	0.51	0.03	0.64	0.89		0.43	0.61	0.42	0.51	0.47	0.39	0.42	0.36	0.47	0.93	0.44	0.41	0.44	0.48	0.44	0.33	0.93
Total Liab	0.95	-0.85	0.97	-0.92	0.91	0.02	0.71	0.66	0.43		0.91	0.86	0.91	0.98	0.89	0.98	0.94	0.95	0.58	0.18	1.0	0.95	0.58	0.98	0.18	0.6
Total Current Assets	0.99	-0.56	0.83	-0.71	0.89	0.14	0.92	0.77	0.61	0.91		0.82	0.89	0.9	0.89	0.86	0.74	0.86	0.7	0.54	0.89	0.84	0.81	0.86	0.24	0.7
Other Current Liab	0.85	-0.67	0.73	-0.75	0.91	0.34	0.59	0.72	0.42	0.86	0.82		0.97	0.88	0.84	0.89	0.85	0.94	0.65	0.06	0.83	0.94	0.7	0.86	0.19	0.64
Total Current Liabilities	0.92	-0.68	0.8	-0.78	0.9	0.29	0.68	0.78	0.51	0.91	0.89	0.97		0.92	0.92	0.92	0.85	0.97	0.71	0.17	0.87	0.96	0.74	0.9	0.23	0.71
Property Plant And Equipment Net	0.93	-0.82	0.94	-0.91	0.88	0.13	0.69	0.68	0.47	0.98	0.9	0.88	0.92		0.91	0.98	0.92	0.95	0.6	0.16	0.97	0.94	0.63	0.99	0.19	0.63
Accounts Payable	0.91	-0.66	0.86	-0.73	0.76	0.22	0.73	0.62	0.39	0.89	0.89	0.84	0.92	0.91		0.88	0.78	0.88	0.55	0.3	0.87	0.89	0.73	0.87	0.22	0.59
Non Current Assets Total	0.91	-0.86	0.94	-0.93	0.88	0.13	0.61	0.68	0.42	0.98	0.86	0.89	0.92	0.98	0.88		0.95	0.97	0.6	0.06	0.97	0.98	0.54	0.99	0.23	0.63
Non Currrent Assets Other	0.8	-0.93	0.9	-0.98	0.86	-0.09	0.45	0.59	0.36	0.94	0.74	0.85	0.85	0.92	0.78	0.95		0.93	0.53	-0.13	0.93	0.95	0.36	0.95	0.19	0.56
Net Receivables	0.9	-0.81	0.88	-0.9	0.9	0.15	0.6	0.74	0.47	0.95	0.86	0.94	0.97	0.95	0.88	0.97	0.93		0.66	0.05	0.93	0.99	0.58	0.95	0.2	0.68
Common Stock Total Equity	0.69	-0.27	0.45	-0.52	0.67	0.17	0.66	0.98	0.93	0.58	0.7	0.65	0.71	0.6	0.55	0.6	0.53	0.66		0.31	0.54	0.64	0.57	0.58	0.36	0.99
Short Term Investments	0.46	0.29	0.15	0.13	0.22	0.06	0.8	0.33	0.44	0.18	0.54	0.06	0.17	0.16	0.3	0.06	-0.13	0.05	0.31		0.18	0.01	0.62	0.08	0.08	0.29
Non Current Liabilities Total	0.93	-0.87	0.98	-0.93	0.89	-0.03	0.7	0.63	0.41	1.0	0.89	0.83	0.87	0.97	0.87	0.97	0.93	0.93	0.54	0.18		0.93	0.54	0.98	0.16	0.57
Inventory	0.89	-0.82	0.88	-0.9	0.88	0.14	0.57	0.71	0.44	0.95	0.84	0.94	0.96	0.94	0.89	0.98	0.95	0.99	0.64	0.01	0.93		0.55	0.95	0.23	0.67
Other Current Assets	0.77	-0.14	0.43	-0.27	0.68	0.55	0.84	0.64	0.48	0.58	0.81	0.7	0.74	0.63	0.73	0.54	0.36	0.58	0.57	0.62	0.54	0.55		0.54	0.18	0.54
Property Plant And Equipment Gross	0.91	-0.87	0.96	-0.95	0.88	0.06	0.63	0.66	0.44	0.98	0.86	0.86	0.9	0.99	0.87	0.99	0.95	0.95	0.58	0.08	0.98	0.95	0.54		0.18	0.61
Intangible Assets	0.24	-0.03	0.11	-0.13	0.24	0.17	0.23	0.35	0.33	0.18	0.24	0.19	0.23	0.19	0.22	0.23	0.19	0.2	0.36	0.08	0.16	0.23	0.18	0.18		0.36
Common Stock	0.7	-0.31	0.49	-0.56	0.65	0.14	0.65	0.98	0.93	0.6	0.7	0.64	0.71	0.63	0.59	0.63	0.56	0.68	0.99	0.29	0.57	0.67	0.54	0.61	0.36

Click cells to compare fundamentals

Cutera Account Relationship Matchups

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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Cutera Common Stock Total Equity vs Inventory Analysis

Common Stock Total Equity vs Inventory

Common Stock Total Equity vs Inventory Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Inventory

Cutera fundamental ratios Correlations

Cutera Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cutera fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Cutera Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Liab
Total Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Inventory	+ 0.99	Net Receivables
Common Stock	+ 0.99	Common Stock Total Equity

Non Currrent Assets Other	- 0.98	Retained Earnings
Property Plant And Equipment Gross	- 0.95	Retained Earnings
Non Current Liabilities Total	- 0.93	Retained Earnings
Non Current Assets Total	- 0.93	Retained Earnings
Non Currrent Assets Other	- 0.93	Total Stockholder Equity
Total Liab	- 0.92	Retained Earnings