Icad Total Current Liabilities vs Non Currrent Assets Other Analysis
ICAD Stock | USD 1.47 0.01 0.68% |
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 Total Current Liabilities and its Non Currrent Assets Other 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.
Total Current Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of icad inc Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Icad's Total Current Liabilities and Non Currrent Assets Other is -0.07. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Total Current Liabilities and Non Currrent Assets Other 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 Liabilities of icad inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Icad's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Icad balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of icad inc 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 |
Icad fundamental ratios Correlations
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Icad Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Icad 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, Icad's short interest history, or implied volatility extrapolated from Icad 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 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.
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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.