Icad Enterprise Value vs Invested Capital Analysis

ICAD Stock

USD 1.56 0.04 2.63%

Icad financial indicator trend analysis is infinitely more than just investigating icad inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether icad inc is a good investment. Please check the relationship between Icad Enterprise Value and its Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad 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 nation.

Enterprise Value vs Invested Capital

Enterprise Value vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of icad inc Enterprise Value account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Icad's Enterprise Value and Invested Capital is -0.19. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Invested Capital in the same time period over historical financial statements of icad inc, assuming nothing else is changed. The correlation between historical values of Icad's Enterprise Value and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of icad inc are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Enterprise Value i.e., Icad's Enterprise Value and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Icad theoretical takeover price. In the event of an acquisition, an acquirer would have to take on icad inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of Icad value than its market capitalization because it takes into account all of icad inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to icad inc. There are two different methods for calculating icad inc invested capital: operating approach and financing approach. Understanding Icad invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Most indicators from Icad's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into icad 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad 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 nation.

The current year's Selling General Administrative is expected to grow to about 9.6 M, whereas Tax Provision is projected to grow to (97.8 K).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	35.0M	33.7M	22.2M	20.0M
Cost Of Revenue	9.4M	8.1M	2.8M	2.6M

Total Operating Expenses Cost Of Revenue

Icad fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.26	0.28	0.75	0.87	0.6	-0.44	-0.18	0.7	0.74	0.15	0.7	0.55	0.22	0.07	0.16	0.19	0.34	0.45	0.47	0.69	0.57	0.48	0.08	0.12	0.11
Short Long Term Debt Total	0.26		0.36	0.61	-0.19	0.04	0.64	0.22	-0.16	0.42	-0.07	-0.16	0.21	-0.34	0.84	-0.26	-0.17	-0.27	0.85	-0.26	-0.07	0.52	0.88	0.16	0.09	0.07
Other Current Liab	0.28	0.36		0.71	0.04	0.17	0.08	-0.1	0.18	0.06	0.03	0.18	0.57	0.03	0.2	0.26	0.36	0.08	0.49	0.12	0.35	0.04	0.19	0.32	0.0	-0.03
Total Current Liabilities	0.75	0.61	0.71		0.39	0.37	0.06	-0.11	0.4	0.55	-0.07	0.4	0.69	0.03	0.45	0.2	0.22	0.16	0.82	0.18	0.52	0.46	0.61	0.14	-0.09	-0.12
Total Stockholder Equity	0.87	-0.19	0.04	0.39		0.59	-0.76	-0.28	0.72	0.57	0.2	0.72	0.38	0.39	-0.41	0.24	0.24	0.47	-0.06	0.6	0.67	0.38	0.11	-0.01	0.31	0.32
Property Plant And Equipment Net	0.6	0.04	0.17	0.37	0.59		-0.43	-0.27	0.58	0.27	-0.04	0.58	0.51	0.35	-0.08	0.41	0.32	0.35	0.15	0.66	0.6	0.11	0.2	0.15	0.15	0.15
Net Debt	-0.44	0.64	0.08	0.06	-0.76	-0.43		0.56	-0.8	0.05	-0.36	-0.8	-0.35	-0.69	0.72	-0.3	-0.5	-0.68	0.48	-0.72	-0.7	0.26	0.47	0.04	-0.23	-0.25
Retained Earnings	-0.18	0.22	-0.1	-0.11	-0.28	-0.27	0.56		-0.63	0.32	-0.09	-0.63	-0.62	-0.98	0.36	-0.17	-0.66	-0.97	0.14	-0.46	-0.61	0.57	0.41	0.5	-0.18	-0.2
Cash	0.7	-0.16	0.18	0.4	0.72	0.58	-0.8	-0.63		0.1	0.34	1.0	0.7	0.7	-0.21	0.2	0.56	0.72	0.1	0.73	0.93	-0.13	-0.08	-0.01	0.0	0.01
Non Current Assets Total	0.74	0.42	0.06	0.55	0.57	0.27	0.05	0.32	0.1		-0.04	0.1	-0.02	-0.28	0.22	-0.21	-0.41	-0.14	0.45	-0.06	0.02	0.93	0.71	-0.01	0.18	0.16
Non Currrent Assets Other	0.15	-0.07	0.03	-0.07	0.2	-0.04	-0.36	-0.09	0.34	-0.04		0.34	0.03	0.16	-0.05	-0.09	0.21	0.11	-0.07	0.18	0.26	-0.02	-0.12	0.43	0.24	0.25
Cash And Short Term Investments	0.7	-0.16	0.18	0.4	0.72	0.58	-0.8	-0.63	1.0	0.1	0.34		0.7	0.7	-0.21	0.2	0.56	0.72	0.1	0.73	0.93	-0.13	-0.08	-0.01	0.0	0.01
Net Receivables	0.55	0.21	0.57	0.69	0.38	0.51	-0.35	-0.62	0.7	-0.02	0.03	0.7		0.56	0.09	0.35	0.62	0.61	0.42	0.47	0.84	-0.17	0.09	-0.01	-0.07	-0.07
Common Stock Shares Outstanding	0.22	-0.34	0.03	0.03	0.39	0.35	-0.69	-0.98	0.7	-0.28	0.16	0.7	0.56		-0.46	0.17	0.64	0.98	-0.24	0.55	0.63	-0.56	-0.45	-0.46	0.21	0.24
Non Current Liabilities Total	0.07	0.84	0.2	0.45	-0.41	-0.08	0.72	0.36	-0.21	0.22	-0.05	-0.21	0.09	-0.46		-0.27	-0.24	-0.43	0.88	-0.34	-0.14	0.36	0.7	0.23	-0.4	-0.42
Inventory	0.16	-0.26	0.26	0.2	0.24	0.41	-0.3	-0.17	0.2	-0.21	-0.09	0.2	0.35	0.17	-0.27		0.68	0.16	-0.11	0.56	0.46	-0.21	-0.23	0.4	0.04	0.01
Other Current Assets	0.19	-0.17	0.36	0.22	0.24	0.32	-0.5	-0.66	0.56	-0.41	0.21	0.56	0.62	0.64	-0.24	0.68		0.61	-0.06	0.75	0.72	-0.49	-0.32	0.23	0.18	0.16
Other Stockholder Equity	0.34	-0.27	0.08	0.16	0.47	0.35	-0.68	-0.97	0.72	-0.14	0.11	0.72	0.61	0.98	-0.43	0.16	0.61		-0.16	0.51	0.66	-0.44	-0.36	-0.51	0.22	0.24
Total Liab	0.45	0.85	0.49	0.82	-0.06	0.15	0.48	0.14	0.1	0.45	-0.07	0.1	0.42	-0.24	0.88	-0.11	-0.06	-0.16		-0.13	0.18	0.47	0.77	0.18	-0.31	-0.34
Property Plant And Equipment Gross	0.47	-0.26	0.12	0.18	0.6	0.66	-0.72	-0.46	0.73	-0.06	0.18	0.73	0.47	0.55	-0.34	0.56	0.75	0.51	-0.13		0.77	-0.17	-0.11	0.26	0.21	0.22
Total Current Assets	0.69	-0.07	0.35	0.52	0.67	0.6	-0.7	-0.61	0.93	0.02	0.26	0.93	0.84	0.63	-0.14	0.46	0.72	0.66	0.18	0.77		-0.15	-0.04	0.14	-0.01	0.0
Intangible Assets	0.57	0.52	0.04	0.46	0.38	0.11	0.26	0.57	-0.13	0.93	-0.02	-0.13	-0.17	-0.56	0.36	-0.21	-0.49	-0.44	0.47	-0.17	-0.15		0.79	0.19	0.16	0.14
Short Term Debt	0.48	0.88	0.19	0.61	0.11	0.2	0.47	0.41	-0.08	0.71	-0.12	-0.08	0.09	-0.45	0.7	-0.23	-0.32	-0.36	0.77	-0.11	-0.04	0.79		0.22	0.12	0.1
Accounts Payable	0.08	0.16	0.32	0.14	-0.01	0.15	0.04	0.5	-0.01	-0.01	0.43	-0.01	-0.01	-0.46	0.23	0.4	0.23	-0.51	0.18	0.26	0.14	0.19	0.22		0.03	0.0
Common Stock Total Equity	0.12	0.09	0.0	-0.09	0.31	0.15	-0.23	-0.18	0.0	0.18	0.24	0.0	-0.07	0.21	-0.4	0.04	0.18	0.22	-0.31	0.21	-0.01	0.16	0.12	0.03		1.0
Common Stock	0.11	0.07	-0.03	-0.12	0.32	0.15	-0.25	-0.2	0.01	0.16	0.25	0.01	-0.07	0.24	-0.42	0.01	0.16	0.24	-0.34	0.22	0.0	0.14	0.1	0.0	1.0

Click cells to compare fundamentals

Icad Account Relationship Matchups

Icad fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	41.7M	55.6M	62.2M	51.7M	41.4M	43.2M
Short Long Term Debt Total	22.5M	8.8M	1.2M	3.4M	461K	438.0K
Other Current Liab	6.6M	7.0M	5.6M	4.7M	2.4M	3.2M
Total Current Liabilities	18.8M	16.8M	15.0M	13.5M	6.7M	9.3M
Total Stockholder Equity	5.1M	30.5M	46.5M	34.9M	33.4M	28.7M
Property Plant And Equipment Net	3.0M	2.5M	1.9M	4.4M	2.3M	2.1M
Net Debt	7.2M	(18.4M)	(33.1M)	(17.9M)	(21.2M)	(20.1M)
Retained Earnings	(224.3M)	(241.9M)	(253.2M)	(266.8M)	(271.7M)	(258.1M)
Cash	15.3M	27.2M	34.3M	21.3M	21.7M	22.8M
Non Current Assets Total	12.6M	13.3M	11.9M	13.5M	11.7M	23.3M
Non Currrent Assets Other	50K	1.5M	899K	54K	692.0K	416.7K
Cash And Short Term Investments	15.3M	27.2M	34.3M	21.3M	21.7M	22.8M
Net Receivables	9.8M	10.0M	8.9M	8.9M	6.4M	5.7M
Common Stock Shares Outstanding	18.4M	22.1M	24.8M	25.2M	25.6M	26.9M
Liabilities And Stockholders Equity	41.7M	55.6M	62.2M	51.7M	41.4M	43.2M
Non Current Liabilities Total	17.8M	8.3M	712K	3.4M	1.3M	1.2M
Inventory	2.6M	3.1M	4.2M	5.4M	917K	871.2K
Other Current Assets	1.5M	1.9M	3.0M	2.6M	699K	681.0K
Other Stockholder Equity	229.2M	272.2M	299.4M	301.5M	304.8M	320.1M
Total Liab	36.7M	25.1M	15.7M	16.8M	8.0M	14.5M
Property Plant And Equipment Gross	3.0M	2.5M	8.0M	6.6M	3.3M	2.3M
Total Current Assets	29.2M	42.3M	50.3M	38.2M	29.7M	19.9M
Intangible Assets	1.2M	889K	683K	482K	148K	140.6K
Short Term Debt	5.0M	726K	889K	582K	188K	178.6K
Accounts Payable	2.0M	2.9M	2.8M	2.0M	712K	676.4K
Common Stock Total Equity	171K	196K	236K	253K	227.7K	216.1K
Common Stock	196K	236K	253K	254K	265K	215.4K
Other Assets	50K	3.3M	899K	185K	1.0	0.95
Long Term Debt	5.1M	4.3M	2.0M	7.0M	8.0M	4.3M
Property Plant Equipment	551K	2.5M	1.9M	4.4M	5.1M	5.4M
Current Deferred Revenue	5.2M	6.1M	5.7M	6.2M	3.4M	4.6M
Other Liab	361K	359K	271K	446K	401.4K	381.3K
Net Tangible Assets	(4.5M)	21.3M	37.5M	26.1M	23.5M	16.2M
Retained Earnings Total Equity	(201.9M)	(210.8M)	(224.3M)	(253.2M)	(227.9M)	(216.5M)
Capital Surpluse	217.4M	218.9M	230.6M	300.9M	346.0M	236.9M
Deferred Long Term Liab	520K	334K	359K	446K	401.4K	653.4K
Non Current Liabilities Other	119K	7.0M	13.6M	266K	305.9K	290.6K

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

How To Invest In Icad

Details

Is Icad Stock a good investment?

Details

What is Icad's Net Worth?

Details

Largest Health Care Technology Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad 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 nation.

Note that the icad inc information on this page should be used as a complementary analysis to other Icad'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Icad Stock analysis

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

	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation

Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.27)

Revenue Per Share

0.676

Quarterly Revenue Growth

0.023

Return On Assets

(0.10)

Return On Equity

(0.21)

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Icad Enterprise Value vs Invested Capital Analysis

Enterprise Value vs Invested Capital

Enterprise Value vs Invested Capital Correlation Analysis

Correlation Coefficient

Enterprise Value

Invested Capital

Icad fundamental ratios Correlations

Icad Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Icad fundamental ratios Accounts

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

Complementary Tools for Icad Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding
Total Current Assets	+ 0.93	Cash
Intangible Assets	+ 0.93	Non Current Assets Total
Total Current Assets	+ 0.93	Cash And Short Term Investments

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.8	Net Debt
Net Debt	- 0.76	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.72	Net Debt