Cutera Retained Earnings vs Accounts Payable 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 Retained Earnings and its Accounts Payable 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.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Cutera's Retained Earnings and Accounts Payable is -0.73. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Cutera Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Cutera's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Cutera obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cutera Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 |
Cutera fundamental ratios Correlations
Click cells to compare fundamentals
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 (0.24) | 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.