Cutera Short Term Investments vs Other Stockholder Equity 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 Short Term Investments and its Other Stockholder Equity 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.

Short Term Investments vs Other Stockholder Equity

Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cutera's Short Term Investments and Other Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Stockholder Equity 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 Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Cutera Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Investments i.e., Cutera's Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Cutera balance sheet. It contains any investments Cutera Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Cutera Inc can easily liquidate in the marketplace.

Other Stockholder Equity

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 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
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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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Additional Tools for Cutera Stock Analysis

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