Masimo Other Assets vs Total Assets Analysis

MASI Stock  USD 124.10  3.49  2.89%   
Masimo financial indicator trend analysis is infinitely more than just investigating Masimo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masimo is a good investment. Please check the relationship between Masimo Other Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masimo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.

Other Assets vs Total Assets

Other Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Masimo Other Assets account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Masimo's Other Assets and Total Assets is -0.41. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Masimo, assuming nothing else is changed. The correlation between historical values of Masimo's Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Masimo are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Masimo's Other Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Assets

Total Assets

Total assets refers to the total amount of Masimo 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 Masimo 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.
Most indicators from Masimo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masimo 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masimo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.As of now, Masimo's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense355K25.7M50.3M43.0M
Depreciation And Amortization35.6M136.1M98.3M103.2M

Masimo fundamental ratios Correlations

-0.28-0.47-0.4-0.37-0.04-0.37-0.49-0.22-0.350.26-0.380.440.26-0.32-0.45-0.34-0.170.61-0.43-0.4-0.1-0.450.4-0.4-0.04
-0.280.870.920.970.880.980.570.960.950.280.97-0.430.270.970.890.970.94-0.90.920.940.930.86-0.410.950.73
-0.470.870.850.940.540.850.90.710.97-0.210.96-0.63-0.220.951.00.950.73-0.930.990.910.640.96-0.750.960.49
-0.40.920.850.960.730.910.630.840.90.120.92-0.460.110.930.870.910.86-0.890.90.890.80.83-0.410.90.71
-0.370.970.940.960.760.940.710.870.980.080.99-0.490.070.990.950.980.89-0.940.970.940.830.91-0.530.970.71
-0.040.880.540.730.760.880.110.970.690.690.74-0.180.680.760.560.760.9-0.640.620.760.990.570.020.710.73
-0.370.980.850.910.940.880.540.960.910.30.94-0.510.30.940.860.950.9-0.90.890.960.920.87-0.360.930.64
-0.490.570.90.630.710.110.540.320.79-0.630.75-0.67-0.620.720.880.730.4-0.750.840.680.240.84-0.910.770.18
-0.220.960.710.840.870.970.960.320.820.530.86-0.320.520.870.720.870.93-0.80.780.880.990.73-0.170.840.74
-0.350.950.970.90.980.690.910.790.82-0.030.99-0.54-0.040.990.980.990.84-0.930.990.940.770.95-0.660.980.62
0.260.28-0.210.120.080.690.3-0.630.53-0.030.040.350.990.07-0.190.060.410.02-0.110.110.6-0.160.680.00.44
-0.380.970.960.920.990.740.940.750.860.990.04-0.540.030.990.970.990.87-0.950.990.960.810.94-0.590.990.65
0.44-0.43-0.63-0.46-0.49-0.18-0.51-0.67-0.32-0.540.35-0.540.34-0.52-0.58-0.58-0.160.52-0.56-0.69-0.23-0.780.6-0.620.23
0.260.27-0.220.110.070.680.3-0.620.52-0.040.990.030.340.06-0.190.050.40.03-0.110.10.6-0.170.65-0.010.4
-0.320.970.950.930.990.760.940.720.870.990.070.99-0.520.060.960.990.87-0.930.980.950.830.93-0.560.980.67
-0.450.891.00.870.950.560.860.880.720.98-0.190.97-0.58-0.190.960.950.76-0.941.00.90.660.95-0.740.960.54
-0.340.970.950.910.980.760.950.730.870.990.060.99-0.580.050.990.950.87-0.920.970.970.830.95-0.580.990.61
-0.170.940.730.860.890.90.90.40.930.840.410.87-0.160.40.870.760.87-0.80.810.80.930.68-0.260.820.85
0.61-0.9-0.93-0.89-0.94-0.64-0.9-0.75-0.8-0.930.02-0.950.520.03-0.93-0.94-0.92-0.8-0.95-0.91-0.72-0.90.59-0.94-0.61
-0.430.920.990.90.970.620.890.840.780.99-0.110.99-0.56-0.110.981.00.970.81-0.950.920.720.95-0.680.980.6
-0.40.940.910.890.940.760.960.680.880.940.110.96-0.690.10.950.90.970.8-0.910.920.820.96-0.520.970.49
-0.10.930.640.80.830.990.920.240.990.770.60.81-0.230.60.830.660.830.93-0.720.720.820.65-0.090.780.76
-0.450.860.960.830.910.570.870.840.730.95-0.160.94-0.78-0.170.930.950.950.68-0.90.950.960.65-0.720.970.37
0.4-0.41-0.75-0.41-0.530.02-0.36-0.91-0.17-0.660.68-0.590.60.65-0.56-0.74-0.58-0.260.59-0.68-0.52-0.09-0.72-0.630.0
-0.40.950.960.90.970.710.930.770.840.980.00.99-0.62-0.010.980.960.990.82-0.940.980.970.780.97-0.630.57
-0.040.730.490.710.710.730.640.180.740.620.440.650.230.40.670.540.610.85-0.610.60.490.760.370.00.57
Click cells to compare fundamentals

Masimo Account Relationship Matchups

Masimo fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding57.1M58.0M57.7M55.2M54.1M52.5M
Total Assets1.4B1.7B1.9B3.2B3.0B3.2B
Other Current Liab87.1M118.9M134.9M238.8M222.4M233.5M
Total Current Liabilities172.2M233.8M267.7M630M563.8M592.0M
Total Stockholder Equity1.2B1.4B1.6B1.3B1.4B1.4B
Property Plant And Equipment Net219.6M272.5M272.8M402.5M485M509.3M
Net Debt(547.2M)(607.1M)(712.6M)772.5M804M844.2M
Retained Earnings1.1B1.3B1.6B1.7B1.8B1.9B
Accounts Payable54.5M64.1M75.6M276.8M251.5M264.1M
Cash567.7M641.4M745.3M202.9M166M221.9M
Non Current Assets Total400.1M611.4M648.6M1.9B1.8B1.9B
Non Currrent Assets Other88.5M114.4M136.5M215.2M(506.8M)(481.5M)
Cash And Short Term Investments687.7M641.4M745.3M202.9M166M230.3M
Net Receivables132.4M141.4M200.8M445.9M421M442.1M
Liabilities And Stockholders Equity1.4B1.7B1.9B3.2B3.0B3.2B
Non Current Liabilities Total56.0M71.1M69.0M1.2B1.1B1.2B
Inventory115.9M216.0M201.4M501M545M572.3M
Other Current Assets60.1M102.4M91.0M158.8M99.9M104.9M
Other Stockholder Equity74.0M65.0M(15.1M)(387M)(385.8M)(366.5M)
Total Liab228.3M304.9M336.8M1.9B1.7B1.8B
Property Plant And Equipment Gross238.7M304.8M463.4M673.6M1.1B1.1B
Total Current Assets996.1M1.1B1.2B1.3B1.2B1.3B
Accumulated Other Comprehensive Income(6.7M)1.4M(5.5M)11.5M(45.3M)(43.0M)
Intangible Assets27.3M73.9M72.5M722.6M1.2B1.3B
Other Assets105.3M161.7M203.0M300K345K327.8K
Other Liab40.2M71.1M69.0M246.7M283.7M297.9M
Current Deferred Revenue25.9M44.9M50.9M80.6M37.4M30.8M
Good Will22.4M103.2M100.3M445.4M407.7M428.1M
Short Term Debt4.7M6.0M6.4M33.8M52.5M55.1M
Common Stock53K54K55K100K115K60.7K
Property Plant Equipment219.6M272.5M272.8M402.5M462.9M486.0M
Treasury Stock(526.6M)(638.7M)(767.7M)(1.2B)(1.1B)(999.7M)
Net Tangible Assets1.1B1.2B1.4B631.5M726.2M670.8M
Retained Earnings Total Equity1.1B1.3B1.6B1.7B2.0B2.1B

Currently Active Assets on Macroaxis

When determining whether Masimo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Masimo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Masimo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Masimo Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masimo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Masimo Stock analysis

When running Masimo's price analysis, check to measure Masimo'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 Masimo is operating at the current time. Most of Masimo's value examination focuses on studying past and present price action to predict the probability of Masimo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masimo's price. Additionally, you may evaluate how the addition of Masimo to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Masimo'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 Masimo. If investors know Masimo 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 Masimo 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
(0.10)
Earnings Share
1.46
Revenue Per Share
37.352
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0294
The market value of Masimo is measured differently than its book value, which is the value of Masimo that is recorded on the company's balance sheet. Investors also form their own opinion of Masimo's value that differs from its market value or its book value, called intrinsic value, which is Masimo'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 Masimo's market value can be influenced by many factors that don't directly affect Masimo'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 Masimo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masimo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masimo'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.