Electromed Historical Balance Sheet

ELMD Stock  USD 14.66  0.10  0.69%   
Trend analysis of Electromed balance sheet accounts such as Other Current Liabilities of 6.3 M or Total Current Liabilities of 9.7 M provides information on Electromed's total assets, liabilities, and equity, which is the actual value of Electromed to its prevalent stockholders. By breaking down trends over time using Electromed balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Electromed latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Electromed is a good buy for the upcoming year.

Electromed Inventory

2.48 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.

About Electromed Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Electromed at a specified time, usually calculated after every quarter, six months, or one year. Electromed Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Electromed and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Electromed currently owns. An asset can also be divided into two categories, current and non-current.

Electromed Balance Sheet Chart

At present, Electromed's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 45.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 137.7 K.

Total Assets

Total assets refers to the total amount of Electromed 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 Electromed 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.

Total Current Liabilities

Total Current Liabilities is an item on Electromed balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Electromed are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Cash

Cash refers to the most liquid asset of Electromed, which is listed under current asset account on Electromed balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Electromed customers. The amounts must be unrestricted with restricted cash listed in a different Electromed account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from Electromed's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Electromed current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.At present, Electromed's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 45.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 137.7 K.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total41K161K144.9K137.7K
Total Assets41.4M45.8M52.7M26.4M

Electromed balance sheet Correlations

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0.8-0.66-0.320.930.930.73-0.590.950.770.550.760.330.550.960.570.64-0.640.680.810.490.730.720.95-0.33-0.49
0.77-0.77-0.190.420.70.4-0.980.720.421.00.440.190.550.540.550.68-0.830.560.20.590.240.380.69-0.28-0.42
0.82-0.65-0.230.960.970.75-0.580.970.80.540.780.230.960.540.690.74-0.720.730.830.60.710.740.98-0.18-0.34
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0.84-0.76-0.110.620.830.76-0.690.760.70.680.790.120.640.680.740.98-0.850.810.490.930.410.750.79-0.190.03
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0.89-0.59-0.160.690.750.89-0.530.730.850.560.90.160.680.560.730.80.81-0.670.630.790.680.890.74-0.14-0.14
0.63-0.34-0.530.910.720.66-0.230.720.830.20.70.540.810.20.830.480.49-0.450.630.450.810.660.760.05-0.23
0.76-0.7-0.160.50.680.72-0.60.60.690.590.760.170.490.590.60.940.93-0.810.790.450.360.720.65-0.150.2
0.71-0.16-0.310.820.580.71-0.160.610.90.240.750.310.730.240.710.370.41-0.260.680.810.360.720.640.11-0.34
0.84-0.59-0.210.690.721.0-0.380.690.870.380.990.210.720.380.740.770.75-0.560.890.660.720.720.7-0.32-0.08
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Electromed Account Relationship Matchups

Electromed balance sheet Accounts

201920202021202220232024 (projected)
Total Assets33.2M37.1M41.4M45.8M52.7M26.4M
Short Long Term Debt Total81.2K87K41K161K144.9K137.7K
Other Current Liab2.4M4.0M(1.5B)6.7M6.0M6.3M
Total Current Liabilities3.0M4.6M7.2M8.1M9.3M9.7M
Total Stockholder Equity30.2M32.4M34.2M37.7M43.3M45.5M
Property Plant And Equipment Net3.9M3.7M4.7M5.7M6.5M3.9M
Net Debt(10.4M)(11.8M)(8.1M)(7.2M)(6.5M)(6.2M)
Retained Earnings13.7M14.9M15.8M18.8M21.6M22.7M
Accounts Payable555.5K685K1.3M1.4M1.6M795.8K
Cash10.5M11.9M8.2M7.4M8.5M5.3M
Non Current Assets Total5.2M5.4M6.8M8.0M9.2M5.4M
Non Currrent Assets Other80.2K88K120M161K185.2K175.9K
Other Assets755K1.1M1.5M1.6M1.8M1.9M
Cash And Short Term Investments10.5M11.9M8.2M7.4M8.5M5.3M
Net Receivables14.1M17.4M21.3M24.6M28.3M29.7M
Common Stock Total Equity84.1K85.7K85K86K98.9K86.6K
Common Stock Shares Outstanding8.8M8.9M8.8M8.7M10.0M8.8M
Liabilities And Stockholders Equity33.2M37.1M41.4M45.8M52.7M26.4M
Non Current Liabilities Total8.9K54K41K86K77.4K73.5K
Inventory3.1M2.1M3.2M4.2M4.9M2.5M
Other Current Assets353.3K276K2.2M1.6M1.8M1.9M
Other Stockholder Equity16.5M17.4M18.3M18.8M21.6M16.1M
Total Liab3.0M4.7M7.2M8.1M9.4M5.4M
Property Plant And Equipment Gross3.8M3.6M4.7M5.7M6.5M3.9M
Total Current Assets28.0M31.7M34.5M37.8M43.5M45.6M
Short Term Debt30.3K72.3K33K80K72K68.4K
Intangible Assets598.4K663K599K605K544.5K517.3K
Common Stock84.1K85.7K85K86K98.9K86.6K
Property Plant Equipment3.9M3.6M4.6M5.7M6.5M3.9M
Current Deferred Revenue(72.3K)(33K)1.5B(80K)(92K)(87.4K)
Net Tangible Assets29.7M31.8M33.6M37.1M42.6M24.2M
Retained Earnings Total Equity13.7M14.9M15.8M18.8M21.6M22.7M
Capital Surpluse16.5M17.4M18.3M18.8M21.6M16.7M
Net Invested Capital30.2M32.4M34.2M37.7M43.3M32.0M

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Additional Information and Resources on Investing in Electromed Stock

When determining whether Electromed is a strong investment it is important to analyze Electromed'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 Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Health Care Equipment & Supplies space 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 Electromed. If investors know Electromed 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 Electromed 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
0.417
Earnings Share
0.49
Revenue Per Share
6.265
Quarterly Revenue Growth
0.149
Return On Assets
0.0782
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed'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 Electromed's market value can be influenced by many factors that don't directly affect Electromed'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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed'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.