Cutera Total Stockholder Equity vs Long Term Debt Total Analysis

CUTR Stock  USD 2.59  0.12  4.86%   
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 Stockholder Equity and its Long Term Debt 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 Stockholder Equity vs Long Term Debt Total

Total Stockholder Equity vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cutera Inc Total Stockholder Equity account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cutera's Total Stockholder Equity and Long Term Debt Total is 0.87. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt 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 Stockholder Equity and Long Term Debt 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 Stockholder Equity of Cutera Inc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Cutera's Total Stockholder Equity and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt Total

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 05/16/2024, Tax Provision is likely to grow to about 2 M, while Sales General And Administrative To Revenue is likely to drop 0.28.
 2021 2022 2023 2024 (projected)
Gross Profit133.1M139.8M41.5M61.7M
Total Revenue231.3M252.4M212.4M112.8M

Cutera fundamental ratios Correlations

-0.630.87-0.770.910.140.880.770.580.950.990.850.920.930.910.910.80.90.690.850.930.890.770.90.240.7
-0.63-0.890.95-0.690.18-0.27-0.34-0.09-0.85-0.56-0.67-0.68-0.82-0.66-0.86-0.93-0.81-0.27-0.76-0.87-0.82-0.14-0.89-0.03-0.31
0.87-0.89-0.920.78-0.10.630.530.330.970.830.730.80.940.860.940.90.880.450.920.980.880.430.960.110.49
-0.770.95-0.92-0.80.17-0.43-0.58-0.39-0.92-0.71-0.75-0.78-0.91-0.73-0.93-0.98-0.9-0.52-0.87-0.93-0.9-0.27-0.96-0.13-0.56
0.91-0.690.78-0.80.130.720.750.510.910.890.910.90.880.760.880.860.90.670.780.890.880.680.870.240.65
0.140.18-0.10.170.130.140.230.030.020.140.340.290.130.220.13-0.090.150.17-0.3-0.030.140.550.040.170.14
0.88-0.270.63-0.430.720.140.710.640.710.920.590.680.690.730.610.450.60.660.690.70.570.840.610.230.65
0.77-0.340.53-0.580.750.230.710.890.660.770.720.780.680.620.680.590.740.980.60.630.710.640.650.350.98
0.58-0.090.33-0.390.510.030.640.890.430.610.420.510.470.390.420.360.470.930.50.410.440.480.430.330.93
0.95-0.850.97-0.920.910.020.710.660.430.910.860.910.980.890.980.940.950.580.91.00.950.580.980.180.6
0.99-0.560.83-0.710.890.140.920.770.610.910.820.890.90.890.860.740.860.70.830.890.840.810.850.240.7
0.85-0.670.73-0.750.910.340.590.720.420.860.820.970.880.840.890.850.940.650.620.830.940.70.850.190.64
0.92-0.680.8-0.780.90.290.680.780.510.910.890.970.920.920.920.850.970.710.70.870.960.740.890.230.71
0.93-0.820.94-0.910.880.130.690.680.470.980.90.880.920.910.980.920.950.60.840.970.940.630.990.190.63
0.91-0.660.86-0.730.760.220.730.620.390.890.890.840.920.910.880.780.880.550.710.870.890.730.860.220.59
0.91-0.860.94-0.930.880.130.610.680.420.980.860.890.920.980.880.950.970.60.850.970.980.540.990.230.63
0.8-0.930.9-0.980.86-0.090.450.590.360.940.740.850.850.920.780.950.930.530.830.930.950.360.960.190.56
0.9-0.810.88-0.90.90.150.60.740.470.950.860.940.970.950.880.970.930.660.790.930.990.580.950.20.68
0.69-0.270.45-0.520.670.170.660.980.930.580.70.650.710.60.550.60.530.660.540.540.640.570.570.360.99
0.85-0.760.92-0.870.78-0.30.690.60.50.90.830.620.70.840.710.850.830.790.540.920.790.350.870.160.57
0.93-0.870.98-0.930.89-0.030.70.630.411.00.890.830.870.970.870.970.930.930.540.920.930.540.980.160.57
0.89-0.820.88-0.90.880.140.570.710.440.950.840.940.960.940.890.980.950.990.640.790.930.550.950.230.67
0.77-0.140.43-0.270.680.550.840.640.480.580.810.70.740.630.730.540.360.580.570.350.540.550.510.180.54
0.9-0.890.96-0.960.870.040.610.650.430.980.850.850.890.990.860.990.960.950.570.870.980.950.510.180.61
0.24-0.030.11-0.130.240.170.230.350.330.180.240.190.230.190.220.230.190.20.360.160.160.230.180.180.36
0.7-0.310.49-0.560.650.140.650.980.930.60.70.640.710.630.590.630.560.680.990.570.570.670.540.610.36
Click cells to compare fundamentals

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 Investments7.6M0.074.0M171.4M197.1M207.0M
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 Gross10.5M19.4M17.6M53.2M61.2M64.2M
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 Other5.8M242K763K862K991.3K1.5M
Capital Lease Obligations7.9M18.2M15.9M14.2M16.3M10.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cutera in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cutera's short interest history, or implied volatility extrapolated from Cutera options trading.

Pair Trading with Cutera

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cutera position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cutera will appreciate offsetting losses from the drop in the long position's value.

Moving against Cutera Stock

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The ability to find closely correlated positions to Cutera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cutera when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cutera - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cutera Inc to buy it.
The correlation of Cutera is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cutera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cutera Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cutera can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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:
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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
(7.59)
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.