EDAP Interest Expense vs Cost of Revenue Analysis

EDAP Stock  USD 7.10  0.20  2.74%   
EDAP TMS financial indicator trend analysis is much more than just examining EDAP TMS SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EDAP TMS SA is a good investment. Please check the relationship between EDAP TMS Interest Expense and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EDAP TMS SA Interest Expense account and Cost of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EDAP TMS's Interest Expense and Cost of Revenue is -0.44. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of EDAP TMS SA, assuming nothing else is changed. The correlation between historical values of EDAP TMS's Interest Expense and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of EDAP TMS SA are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Interest Expense i.e., EDAP TMS's Interest Expense and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Cost Of Revenue

Cost of Revenue is found on EDAP TMS SA income statement and represents the costs associated with goods and services EDAP TMS provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from EDAP TMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EDAP TMS SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, EDAP TMS's Selling General Administrative is relatively stable compared to the past year. As of 03/28/2024, Issuance Of Capital Stock is likely to grow to about 26.5 M, while Tax Provision is likely to drop slightly above 90.2 K.
 2021 2022 2023 2024 (projected)
Gross Profit18.4M24.2M23.1M14.0M
Total Revenue44.1M55.1M56.5M32.9M

EDAP TMS fundamental ratios Correlations

0.220.720.570.990.65-0.94-0.080.30.990.460.450.990.490.760.430.96-0.480.930.640.971.0-0.260.10.240.79
0.220.020.550.150.34-0.05-0.2-0.030.210.10.030.220.420.160.150.05-0.410.230.50.330.220.75-0.33-0.020.14
0.720.020.660.740.59-0.740.230.310.690.620.510.690.670.340.290.67-0.50.550.650.670.72-0.380.360.20.37
0.570.550.660.520.77-0.53-0.210.570.560.530.290.560.620.470.280.51-0.420.530.930.570.570.25-0.150.440.46
0.990.150.740.520.62-0.95-0.030.250.980.470.440.980.490.720.380.96-0.470.910.570.960.99-0.310.170.210.76
0.650.340.590.770.62-0.66-0.190.610.630.840.370.620.430.630.50.64-0.20.60.830.670.62-0.090.010.60.61
-0.94-0.05-0.74-0.53-0.95-0.660.21-0.35-0.97-0.49-0.54-0.96-0.31-0.82-0.51-0.910.39-0.92-0.64-0.93-0.950.43-0.02-0.43-0.84
-0.08-0.20.23-0.21-0.03-0.190.21-0.26-0.210.260.01-0.210.54-0.65-0.54-0.1-0.24-0.42-0.38-0.18-0.11-0.110.94-0.75-0.62
0.3-0.030.310.570.250.61-0.35-0.260.30.480.420.290.120.40.410.36-0.230.310.630.250.29-0.27-0.080.520.4
0.990.210.690.560.980.63-0.97-0.210.30.40.471.00.380.820.490.94-0.460.970.650.980.99-0.28-0.020.330.86
0.460.10.620.530.470.84-0.490.260.480.40.440.390.530.250.280.45-0.210.260.540.460.43-0.270.480.280.22
0.450.030.510.290.440.37-0.540.010.420.470.440.470.10.330.490.32-0.670.360.430.540.44-0.480.150.130.3
0.990.220.690.560.980.62-0.96-0.210.291.00.390.470.380.820.490.94-0.460.970.650.980.99-0.27-0.030.330.86
0.490.420.670.620.490.43-0.310.540.120.380.530.10.38-0.06-0.110.4-0.510.220.460.410.470.190.53-0.27-0.02
0.760.160.340.470.720.63-0.82-0.650.40.820.250.330.82-0.060.660.77-0.050.910.640.780.76-0.22-0.420.710.99
0.430.150.290.280.380.5-0.51-0.540.410.490.280.490.49-0.110.660.4-0.110.550.630.50.43-0.38-0.370.620.64
0.960.050.670.510.960.64-0.91-0.10.360.940.450.320.940.40.770.4-0.310.910.570.880.96-0.330.110.30.82
-0.48-0.41-0.5-0.42-0.47-0.20.39-0.24-0.23-0.46-0.21-0.67-0.46-0.51-0.05-0.11-0.31-0.33-0.39-0.53-0.480.02-0.190.32-0.08
0.930.230.550.530.910.6-0.92-0.420.310.970.260.360.970.220.910.550.91-0.330.650.930.94-0.21-0.230.450.94
0.640.50.650.930.570.83-0.64-0.380.630.650.540.430.650.460.640.630.57-0.390.650.660.630.05-0.270.60.63
0.970.330.670.570.960.67-0.93-0.180.250.980.460.540.980.410.780.50.88-0.530.930.660.97-0.21-0.010.290.81
1.00.220.720.570.990.62-0.95-0.110.290.990.430.440.990.470.760.430.96-0.480.940.630.97-0.250.070.250.8
-0.260.75-0.380.25-0.31-0.090.43-0.11-0.27-0.28-0.27-0.48-0.270.19-0.22-0.38-0.330.02-0.210.05-0.21-0.25-0.34-0.21-0.24
0.1-0.330.36-0.150.170.01-0.020.94-0.08-0.020.480.15-0.030.53-0.42-0.370.11-0.19-0.23-0.27-0.010.07-0.34-0.56-0.4
0.24-0.020.20.440.210.6-0.43-0.750.520.330.280.130.33-0.270.710.620.30.320.450.60.290.25-0.21-0.560.67
0.790.140.370.460.760.61-0.84-0.620.40.860.220.30.86-0.020.990.640.82-0.080.940.630.810.8-0.24-0.40.67
Click cells to compare fundamentals

EDAP TMS Account Relationship Matchups

EDAP TMS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.1M55.2M77.2M101.1M116.3M122.1M
Short Long Term Debt Total8.7M5.4M8.2M6.7M7.7M7.4M
Other Current Liab4.2M5.7M7.1M9.2M10.5M5.3M
Total Current Liabilities17.5M21.5M18.0M21.7M25.0M15.7M
Total Stockholder Equity27.4M26.2M50.1M71.6M82.4M86.5M
Property Plant And Equipment Net6.7M5.6M5.2M6.0M6.9M3.6M
Net Debt(12.2M)(19.3M)(39.0M)(56.5M)(50.8M)(48.3M)
Retained Earnings(38.4M)(40.1M)(39.4M)(42.4M)(38.1M)(36.2M)
Accounts Payable6.0M10.5M5.5M6.6M7.6M5.6M
Cash20.9M24.7M47.2M63.1M72.6M76.2M
Non Current Assets Total11.0M9.8M9.8M10.6M9.5M6.2M
Non Currrent Assets Other640K1.8M2.3M1.4M1.2M1.2M
Cash And Short Term Investments20.9M24.7M47.2M63.1M72.6M76.2M
Net Receivables12.6M12.3M12.1M14.9M17.2M13.4M
Common Stock Shares Outstanding29.6M29.1M35.8M34.4M39.6M41.5M
Liabilities And Stockholders Equity53.1M55.2M77.2M101.1M116.3M122.1M
Non Current Liabilities Total8.2M7.4M9.2M7.8M9.0M7.3M
Inventory8.2M8.0M7.5M11.8M13.5M14.2M
Other Current Assets21.2M369K582K659K757.9K720.0K
Other Stockholder Equity65.4M65.6M88.7M113.1M130.0M136.5M
Total Liab25.7M28.9M27.2M29.5M33.9M23.0M
Property Plant And Equipment Gross6.7M5.6M15.1M15.7M18.1M19.0M
Total Current Assets42.1M45.4M67.4M90.5M104.1M109.3M
Accumulated Other Comprehensive Income(3.4M)(3.1M)(3.6M)(3.8M)(3.4M)(3.6M)
Short Term Debt5.3M2.6M1.9M1.8M2.1M3.4M
Intangible Assets770K760K728K724K651.6K1.1M
Common Stock3.8M3.8M4.4M4.8M5.5M5.8M
Current Deferred Revenue1.9M2.7M3.4M4.1M4.7M4.9M
Other Liab4.8M4.9M4.6M3.0M3.4M4.3M
Long Term Debt957K1.1M4.9M3.6M3.2M3.2M
Property Plant Equipment6.7M5.6M5.2M6.0M6.9M4.3M
Net Tangible Assets24.2M23.1M46.9M68.5M78.8M82.7M
Short Long Term Debt4.0M2.6M1.9M1.8M2.1M2.5M
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 EDAP TMS 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, EDAP TMS's short interest history, or implied volatility extrapolated from EDAP TMS options trading.

Pair Trading with EDAP TMS

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 EDAP TMS 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 EDAP TMS will appreciate offsetting losses from the drop in the long position's value.

Moving against EDAP Stock

  0.81NEOG Neogen Report 4th of April 2024 PairCorr
  0.8FIGS Figs Inc Financial Report 2nd of May 2024 PairCorr
  0.79SSY SunLink Health SystemsPairCorr
  0.78DH Definitive Healthcare Financial Report 2nd of May 2024 PairCorr
  0.75DYNT Dynatronics Financial Report 9th of May 2024 PairCorr
The ability to find closely correlated positions to EDAP TMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDAP TMS 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 EDAP TMS - 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 EDAP TMS SA to buy it.
The correlation of EDAP TMS 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 EDAP TMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDAP TMS SA 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 EDAP TMS 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 EDAP TMS SA is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EDAP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Edap Tms Sa Stock. Highlighted below are key reports to facilitate an investment decision about Edap Tms Sa Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for EDAP Stock analysis

When running EDAP TMS's price analysis, check to measure EDAP TMS'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 EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
CEOs Directory
Screen CEOs from public companies around the world
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is EDAP TMS'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 EDAP TMS. If investors know EDAP 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 EDAP TMS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Earnings Share
(0.65)
Revenue Per Share
1.529
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.11)
The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS'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 EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS'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 EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS'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.