Cutera Net Invested Capital vs Good Will 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 Net Invested Capital and its Good Will 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.

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have very week relationship.

The correlation between Cutera's Net Invested Capital and Good Will is 0.23. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will 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 Net Invested Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Cutera Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Cutera's Net Invested Capital and Good Will go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 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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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:

How To Invest In Cutera

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Is Cutera Stock a good investment?

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What is Cutera's Net Worth?

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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Cutera's price analysis, check to measure Cutera'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 Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.

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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.

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Cutera Net Invested Capital vs Good Will Analysis

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

Correlation Coefficient

Net Invested Capital

Good Will

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!

Complementary Tools for Cutera Stock analysis

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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