Cutera Total Assets vs Non Current Assets Total 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 Total Assets and its Non Current Assets Total 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.
Total Assets vs Non Current Assets Total
Total Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Total Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cutera's Total Assets and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Assets Total 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 Total Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Cutera Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Assets i.e., Cutera's Total Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Cutera assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cutera Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 |
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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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.