Glaukos Total Current Assets vs Net Debt Analysis

GKOS Stock

USD 105.14 6.23 6.30%

Glaukos Corp financial indicator trend analysis is much more than just examining Glaukos Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glaukos Corp is a good investment. Please check the relationship between Glaukos Corp Total Current Assets and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glaukos Corp Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Glaukos Corp's Total Current Assets and Net Debt is 0.8. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Glaukos Corp, assuming nothing else is changed. The correlation between historical values of Glaukos Corp's Total Current Assets and Net Debt 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 Current Assets of Glaukos Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Glaukos Corp's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Glaukos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glaukos Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.Tax Provision is likely to gain to about 980.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 133.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	227.4M	213.9M	239.1M	151.6M
Total Revenue	294.0M	282.9M	314.7M	194.7M

Gross Profit Total Revenue

Glaukos Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.91	0.97	0.95	0.95	0.93	0.89	0.8	-0.73	0.71	0.98	0.99	-0.58	0.68	0.88	0.95	0.96	0.84	0.9	0.92	0.68	0.8	0.9	0.96	0.74	0.72
Short Long Term Debt Total	0.91		0.89	0.89	0.78	0.87	0.9	0.92	-0.86	0.82	0.94	0.86	-0.8	0.55	0.86	0.93	0.84	0.77	0.88	0.9	0.8	0.71	0.93	0.87	0.84	0.73
Other Current Liab	0.97	0.89		0.99	0.95	0.91	0.89	0.76	-0.76	0.79	0.95	0.95	-0.6	0.56	0.9	0.91	0.99	0.9	0.94	0.88	0.6	0.87	0.9	0.98	0.68	0.75
Total Current Liabilities	0.95	0.89	0.99		0.91	0.9	0.9	0.78	-0.79	0.84	0.95	0.93	-0.64	0.51	0.89	0.9	0.96	0.89	0.9	0.86	0.61	0.88	0.9	0.96	0.69	0.76
Total Stockholder Equity	0.95	0.78	0.95	0.91		0.86	0.79	0.64	-0.62	0.6	0.91	0.92	-0.4	0.68	0.81	0.92	0.97	0.91	0.87	0.9	0.45	0.8	0.81	0.97	0.53	0.66
Other Liab	0.93	0.87	0.91	0.9	0.86		0.97	0.9	-0.87	0.71	0.91	0.93	-0.64	0.62	0.94	0.86	0.9	0.76	0.86	0.82	0.8	0.9	0.97	0.88	0.86	0.91
Property Plant And Equipment Net	0.89	0.9	0.89	0.9	0.79	0.97		0.94	-0.93	0.8	0.89	0.88	-0.79	0.47	0.94	0.83	0.85	0.75	0.85	0.79	0.83	0.91	0.99	0.85	0.89	0.91
Net Debt	0.8	0.92	0.76	0.78	0.64	0.9	0.94		-0.93	0.72	0.83	0.78	-0.86	0.47	0.86	0.8	0.7	0.6	0.75	0.77	0.94	0.73	0.95	0.73	0.96	0.84
Retained Earnings	-0.73	-0.86	-0.76	-0.79	-0.62	-0.87	-0.93	-0.93		-0.81	-0.77	-0.69	0.8	-0.37	-0.85	-0.72	-0.72	-0.69	-0.74	-0.69	-0.8	-0.82	-0.94	-0.74	-0.85	-0.93
Accounts Payable	0.71	0.82	0.79	0.84	0.6	0.71	0.8	0.72	-0.81		0.79	0.69	-0.74	0.19	0.77	0.67	0.73	0.7	0.74	0.6	0.61	0.77	0.78	0.74	0.67	0.68
Cash	0.98	0.94	0.95	0.95	0.91	0.91	0.89	0.83	-0.77	0.79		0.95	-0.65	0.65	0.88	0.96	0.92	0.83	0.88	0.93	0.71	0.78	0.91	0.94	0.76	0.7
Non Current Assets Total	0.99	0.86	0.95	0.93	0.92	0.93	0.88	0.78	-0.69	0.69	0.95		-0.55	0.64	0.85	0.89	0.94	0.77	0.87	0.85	0.69	0.82	0.86	0.92	0.75	0.73
Non Currrent Assets Other	-0.58	-0.8	-0.6	-0.64	-0.4	-0.64	-0.79	-0.86	0.8	-0.74	-0.65	-0.55		0.0	-0.69	-0.59	-0.48	-0.46	-0.57	-0.55	-0.8	-0.59	-0.76	-0.52	-0.81	-0.61
Other Assets	0.68	0.55	0.56	0.51	0.68	0.62	0.47	0.47	-0.37	0.19	0.65	0.64	0.0		0.5	0.72	0.63	0.51	0.57	0.74	0.41	0.33	0.55	0.63	0.43	0.44
Long Term Debt	0.88	0.86	0.9	0.89	0.81	0.94	0.94	0.86	-0.85	0.77	0.88	0.85	-0.69	0.5		0.84	0.86	0.76	0.86	0.8	0.74	0.88	0.94	0.86	0.8	0.84
Cash And Short Term Investments	0.95	0.93	0.91	0.9	0.92	0.86	0.83	0.8	-0.72	0.67	0.96	0.89	-0.59	0.72	0.84		0.9	0.87	0.88	0.99	0.62	0.68	0.88	0.94	0.68	0.65
Net Receivables	0.96	0.84	0.99	0.96	0.97	0.9	0.85	0.7	-0.72	0.73	0.92	0.94	-0.48	0.63	0.86	0.9		0.92	0.94	0.88	0.52	0.87	0.87	0.99	0.6	0.75
Common Stock Total Equity	0.84	0.77	0.9	0.89	0.91	0.76	0.75	0.6	-0.69	0.7	0.83	0.77	-0.46	0.51	0.76	0.87	0.92		0.85	0.86	0.32	0.77	0.79	0.95	0.41	0.66
Common Stock Shares Outstanding	0.9	0.88	0.94	0.9	0.87	0.86	0.85	0.75	-0.74	0.74	0.88	0.87	-0.57	0.57	0.86	0.88	0.94	0.85		0.87	0.59	0.81	0.88	0.93	0.66	0.73
Short Term Investments	0.92	0.9	0.88	0.86	0.9	0.82	0.79	0.77	-0.69	0.6	0.93	0.85	-0.55	0.74	0.8	0.99	0.88	0.86	0.87		0.58	0.63	0.85	0.92	0.64	0.61
Non Current Liabilities Total	0.68	0.8	0.6	0.61	0.45	0.8	0.83	0.94	-0.8	0.61	0.71	0.69	-0.8	0.41	0.74	0.62	0.52	0.32	0.59	0.58		0.59	0.81	0.52	0.99	0.73
Inventory	0.8	0.71	0.87	0.88	0.8	0.9	0.91	0.73	-0.82	0.77	0.78	0.82	-0.59	0.33	0.88	0.68	0.87	0.77	0.81	0.63	0.59		0.87	0.83	0.67	0.89
Other Current Assets	0.9	0.93	0.9	0.9	0.81	0.97	0.99	0.95	-0.94	0.78	0.91	0.86	-0.76	0.55	0.94	0.88	0.87	0.79	0.88	0.85	0.81	0.87		0.88	0.87	0.9
Other Stockholder Equity	0.96	0.87	0.98	0.96	0.97	0.88	0.85	0.73	-0.74	0.74	0.94	0.92	-0.52	0.63	0.86	0.94	0.99	0.95	0.93	0.92	0.52	0.83	0.88		0.6	0.73
Total Liab	0.74	0.84	0.68	0.69	0.53	0.86	0.89	0.96	-0.85	0.67	0.76	0.75	-0.81	0.43	0.8	0.68	0.6	0.41	0.66	0.64	0.99	0.67	0.87	0.6		0.79
Property Plant And Equipment Gross	0.72	0.73	0.75	0.76	0.66	0.91	0.91	0.84	-0.93	0.68	0.7	0.73	-0.61	0.44	0.84	0.65	0.75	0.66	0.73	0.61	0.73	0.89	0.9	0.73	0.79

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Glaukos Corp Account Relationship Matchups

Glaukos Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	818.4M	1.0B	1.0B	1.0B	940.4M	549.7M
Other Current Liab	51.9M	45.3M	56.0M	58.0M	60.6M	34.7M
Total Current Liabilities	57.7M	49.7M	63.4M	72.4M	74.0M	43.7M
Total Stockholder Equity	673.3M	667.4M	587.2M	530.0M	461.8M	315.2M
Other Liab	14.8M	17.5M	16.8M	17.5M	20.2M	21.2M
Property Plant And Equipment Net	91.8M	95.5M	146.1M	166.8M	174.5M	183.3M
Net Debt	10.2M	174.2M	281.7M	263.0M	290.3M	304.8M
Retained Earnings	(189.7M)	(310.1M)	(365.2M)	(464.4M)	(599.1M)	(569.1M)
Accounts Payable	5.8M	4.4M	7.3M	14.4M	13.4M	7.1M
Cash	62.4M	96.6M	100.7M	119.5M	93.5M	56.4M
Non Current Assets Total	555.5M	536.1M	563.6M	558.5M	545.0M	286.7M
Non Currrent Assets Other	15.0M	16.8M	(70.0M)	(61.2M)	(51.1M)	(48.5M)
Other Assets	15.0M	88.2M	18.5M	17.7M	20.3M	16.8M
Cash And Short Term Investments	174.0M	404.4M	414.1M	352.7M	295.4M	209.6M
Net Receivables	38.4M	36.1M	33.4M	36.1M	39.9M	24.9M
Common Stock Total Equity	44K	45K	47K	48K	55.2K	36.5K
Common Stock Shares Outstanding	41.1M	44.5M	46.4M	47.4M	48.4M	40.1M
Short Term Investments	111.6M	307.8M	313.3M	233.2M	202.0M	153.2M
Liabilities And Stockholders Equity	818.4M	1.0B	1.0B	1.0B	940.4M	549.7M
Non Current Liabilities Total	87.4M	288.4M	399.2M	400.0M	404.6M	424.9M
Inventory	42.6M	15.8M	23.0M	37.8M	42.0M	44.1M
Other Current Assets	7.9M	13.2M	15.6M	17.3M	18.2M	19.1M
Other Stockholder Equity	861.6M	976.5M	952.3M	997.3M	1.1B	574.1M
Total Liab	145.1M	338.1M	462.5M	472.4M	478.6M	502.6M
Property Plant And Equipment Gross	91.8M	95.5M	69.0M	94.4M	209.0M	219.5M
Total Current Assets	262.9M	469.4M	486.1M	443.9M	395.5M	263.0M
Accumulated Other Comprehensive Income	1.3M	1.0M	15K	(3.0M)	1.2M	1.2M
Common Stock	44K	45K	47K	48K	49K	38.1K
Property Plant Equipment	22.1M	24.0M	146.1M	94.4M	108.6M	114.0M
Net Tangible Assets	673.3M	667.4M	188.2M	530.0M	609.5M	640.0M
Retained Earnings Total Equity	(189.7M)	(310.1M)	(365.2M)	(464.4M)	(418.0M)	(438.9M)
Capital Surpluse	861.7M	976.6M	952.4M	997.5M	1.1B	701.0M
Non Current Liabilities Other	5.2M	7.0M	9.5M	10.3M	13.8M	14.4M
Net Invested Capital	673.3M	856.9M	867.2M	811.4M	744.5M	670.3M
Net Working Capital	205.2M	419.7M	422.8M	371.5M	321.4M	315.8M

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When determining whether Glaukos Corp is a strong investment it is important to analyze Glaukos Corp'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 Glaukos Corp's future performance. For an informed investment choice regarding Glaukos Stock, refer to the following important reports:

How To Invest In Glaukos

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Is Glaukos Stock a good investment?

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What is Glaukos Corp's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Glaukos Corp's price analysis, check to measure Glaukos Corp'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 Glaukos Corp is operating at the current time. Most of Glaukos Corp's value examination focuses on studying past and present price action to predict the probability of Glaukos Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glaukos Corp's price. Additionally, you may evaluate how the addition of Glaukos Corp to your portfolios can decrease your overall portfolio volatility.

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Is Glaukos Corp'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 Glaukos Corp. If investors know Glaukos 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 Glaukos Corp 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

18.963

Earnings Share

(2.78)

Revenue Per Share

6.498

Quarterly Revenue Growth

0.156

Return On Assets

(0.08)

The market value of Glaukos Corp is measured differently than its book value, which is the value of Glaukos that is recorded on the company's balance sheet. Investors also form their own opinion of Glaukos Corp's value that differs from its market value or its book value, called intrinsic value, which is Glaukos Corp'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 Glaukos Corp's market value can be influenced by many factors that don't directly affect Glaukos Corp'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 Glaukos Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glaukos Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glaukos Corp'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.

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Glaukos Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

Glaukos Corp fundamental ratios Correlations

Glaukos Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Glaukos Corp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Glaukos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Other Current Liab
Other Current Assets	+ 0.99	Property Plant And Equipment Net
Short Term Investments	+ 0.99	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Net Receivables

Other Current Assets	- 0.94	Retained Earnings
Property Plant And Equipment Gross	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Net Debt
Retained Earnings	- 0.93	Property Plant And Equipment Net
Retained Earnings	- 0.87	Other Liab
Non Currrent Assets Other	- 0.86	Net Debt