Helius Cost of Revenue vs Net Income Analysis
HSDT Stock | USD 5.60 0.02 0.36% |
Helius Medical financial indicator trend analysis is much more than just examining Helius Medical Techn latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helius Medical Techn is a good investment. Please check the relationship between Helius Medical Cost Of Revenue and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Cost Of Revenue vs Net Income
Cost of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helius Medical Techn Cost of Revenue account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Helius Medical's Cost of Revenue and Net Income is 0.27. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Helius Medical Technologies, assuming nothing else is changed. The correlation between historical values of Helius Medical's Cost of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Helius Medical Technologies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost of Revenue i.e., Helius Medical's Cost of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Helius Medical Techn income statement and represents the costs associated with goods and services Helius Medical 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Helius Medical Techn financial statement analysis. It represents the amount of money remaining after all of Helius Medical Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Helius Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helius Medical Techn 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 Helius Medical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. At this time, Helius Medical's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 0.60 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 269.8 K in 2024.
Helius Medical fundamental ratios Correlations
Click cells to compare fundamentals
Helius Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Helius Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 15.1K | 24.0K | 49.1K | 269.9K | 242.9K | 230.8K | |
Total Assets | 10.3M | 6.5M | 14.1M | 17.3M | 19.9M | 10.1M | |
Total Current Liabilities | 3.8M | 2.4M | 2.7M | 2.0M | 2.3M | 2.2M | |
Total Stockholder Equity | 5.8M | 3.9M | 11.3M | 8.2M | 9.4M | 9.8M | |
Net Tangible Assets | 4.0M | 3.9M | 10.2M | 8.0M | 9.2M | 9.7M | |
Net Debt | (4.8M) | (3.2M) | (11.0M) | (14.4M) | (13.0M) | (12.3M) | |
Retained Earnings | (104.8M) | (118.9M) | (137.0M) | (151.1M) | (136.0M) | (129.2M) | |
Accounts Payable | 1.7M | 747K | 1.1M | 627K | 564.3K | 536.1K | |
Cash | 5.5M | 3.3M | 11.0M | 14.5M | 16.7M | 17.6M | |
Cash And Short Term Investments | 5.5M | 3.3M | 11.0M | 14.5M | 16.7M | 17.6M | |
Common Stock Total Equity | 52.2M | 26K | 31K | 1K | 900.0 | 855.0 | |
Liabilities And Stockholders Equity | 10.3M | 6.5M | 14.1M | 17.3M | 19.9M | 10.1M | |
Other Current Assets | 610K | 735K | 862K | 1.2M | 1.4M | 742.5K | |
Total Liab | 4.5M | 2.7M | 2.8M | 9.1M | 10.5M | 7.2M | |
Total Current Assets | 7.2M | 4.7M | 12.6M | 16.7M | 19.2M | 20.2M | |
Short Term Debt | 172K | 59K | 3K | 54K | 48.6K | 46.2K | |
Common Stock | 31K | 1K | 4K | 28K | 25.2K | 23.9K | |
Other Current Liab | 1.5M | 1.3M | 1.4M | 1.3M | 1.2M | 1.1M | |
Net Receivables | 574K | 230K | 251K | 343K | 394.5K | 367.9K | |
Non Current Liabilities Total | 710K | 252K | 193K | 7.1M | 8.2M | 8.6M | |
Capital Surpluse | 6.6M | 105.4M | 111.5M | 123.9M | 142.5M | 149.6M | |
Other Stockholder Equity | 111.5M | 123.9M | 149.4M | 159.6M | 183.6M | 192.7M | |
Accumulated Other Comprehensive Income | (902K) | (1.1M) | (1.1M) | (388K) | (446.2K) | (468.5K) | |
Non Current Assets Total | 3.1M | 1.9M | 1.5M | 590K | 678.5K | 1.3M | |
Property Plant And Equipment Net | 1.3M | 576K | 412K | 450K | 517.5K | 628.7K | |
Net Invested Capital | 5.8M | 3.9M | 11.3M | 8.2M | 9.4M | 5.8M | |
Property Plant And Equipment Gross | 1.3M | 576K | 412K | 450K | 517.5K | 628.7K | |
Net Working Capital | 3.4M | 2.3M | 9.9M | 14.7M | 16.9M | 17.8M | |
Property Plant Equipment | 1.3M | 486K | 412K | 450K | 517.5K | 612.2K | |
Inventory | 598K | 389K | 476K | 589K | 677.4K | 537.7K | |
Capital Stock | 31K | 1K | 4K | 28K | 25.2K | 14.4K |
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 Helius Medical 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, Helius Medical's short interest history, or implied volatility extrapolated from Helius Medical options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Helius Medical Techn information on this page should be used as a complementary analysis to other Helius Medical'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 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.
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Is Helius Medical'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 Helius Medical. If investors know Helius 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 Helius Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.83) | Revenue Per Share 1.384 | Quarterly Revenue Growth (0.27) | Return On Assets (0.57) | Return On Equity (1.59) |
The market value of Helius Medical Techn is measured differently than its book value, which is the value of Helius that is recorded on the company's balance sheet. Investors also form their own opinion of Helius Medical's value that differs from its market value or its book value, called intrinsic value, which is Helius Medical'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 Helius Medical's market value can be influenced by many factors that don't directly affect Helius Medical'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 Helius Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helius Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helius Medical'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.