Orthofix Common Stock Total Equity vs Inventory Analysis

OFIX Stock

USD 13.73 0.49 3.45%

Orthofix Medical financial indicator trend analysis is much more than just breaking down Orthofix Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orthofix Medical is a good investment. Please check the relationship between Orthofix Medical Common Stock Total Equity and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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

Common Stock Total Equity vs Inventory

Common Stock Total Equity vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Common Stock Total Equity account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Orthofix Medical's Common Stock Total Equity and Inventory is 0.69. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Inventory in the same time period over historical financial statements of Orthofix Medical, assuming nothing else is changed. The correlation between historical values of Orthofix Medical's Common Stock Total Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Orthofix Medical are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Total Equity i.e., Orthofix Medical's Common Stock Total Equity and Inventory go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Inventory

Most indicators from Orthofix Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orthofix Medical 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.At this time, Orthofix Medical's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	349.6M	337.2M	468.9M	258.6M
Total Revenue	464.5M	460.7M	746.6M	784.0M

Gross Profit Total Revenue

Orthofix Medical fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Common Stock Shares Outstanding		0.92	0.47	0.85	0.78	0.95	0.99	0.51	-0.78	0.98	-0.03	0.95	0.1	-0.03	0.32	0.51	0.98	0.08	0.99	0.5	0.87	0.46	0.18	0.86	0.69	0.73
Total Assets	0.92		0.69	0.79	0.94	0.95	0.91	0.66	-0.58	0.92	0.03	0.97	0.09	0.03	0.62	0.75	0.94	0.4	0.9	0.75	0.76	0.69	0.46	0.84	0.74	0.68
Short Long Term Debt Total	0.47	0.69		0.38	0.83	0.45	0.49	0.91	-0.32	0.48	-0.27	0.64	0.16	-0.27	0.75	0.95	0.53	0.83	0.44	0.92	0.36	0.64	0.93	0.48	0.35	0.46
Other Current Liab	0.85	0.79	0.38		0.71	0.82	0.8	0.33	-0.56	0.78	0.09	0.8	0.17	0.09	0.3	0.4	0.8	0.15	0.81	0.45	0.73	0.45	0.09	0.66	0.68	0.61
Total Current Liabilities	0.78	0.94	0.83	0.71		0.8	0.77	0.72	-0.5	0.78	0.09	0.9	0.25	0.09	0.66	0.85	0.81	0.59	0.76	0.87	0.66	0.68	0.68	0.76	0.64	0.58
Total Stockholder Equity	0.95	0.95	0.45	0.82	0.8		0.92	0.44	-0.58	0.94	0.09	0.92	-0.03	0.09	0.49	0.53	0.95	0.17	0.94	0.55	0.79	0.63	0.17	0.81	0.8	0.71
Property Plant And Equipment Net	0.99	0.91	0.49	0.8	0.77	0.92		0.55	-0.82	0.98	-0.06	0.95	0.13	-0.06	0.3	0.54	0.98	0.07	0.99	0.51	0.87	0.42	0.21	0.88	0.65	0.73
Net Debt	0.51	0.66	0.91	0.33	0.72	0.44	0.55		-0.43	0.54	-0.57	0.61	0.04	-0.57	0.65	0.84	0.58	0.68	0.49	0.74	0.43	0.46	0.84	0.47	0.19	0.37
Retained Earnings	-0.78	-0.58	-0.32	-0.56	-0.5	-0.58	-0.82	-0.43		-0.81	0.13	-0.73	-0.36	0.13	0.11	-0.32	-0.76	0.21	-0.83	-0.27	-0.86	0.0	-0.13	-0.81	-0.34	-0.6
Accounts Payable	0.98	0.92	0.48	0.78	0.78	0.94	0.98	0.54	-0.81		-0.01	0.94	0.15	-0.01	0.35	0.53	0.99	0.08	0.99	0.52	0.92	0.46	0.23	0.9	0.69	0.73
Cash	-0.03	0.03	-0.27	0.09	0.09	0.09	-0.06	-0.57	0.13	-0.01		0.05	0.34	1.0	-0.14	-0.13	-0.06	-0.2	0.0	0.0	0.02	0.08	-0.22	0.16	0.31	0.0
Non Current Assets Total	0.95	0.97	0.64	0.8	0.9	0.92	0.95	0.61	-0.73	0.94	0.05		0.23	0.05	0.45	0.7	0.95	0.25	0.95	0.69	0.81	0.53	0.4	0.92	0.68	0.7
Non Currrent Assets Other	0.1	0.09	0.16	0.17	0.25	-0.03	0.13	0.04	-0.36	0.15	0.34	0.23		0.34	-0.25	0.2	0.12	-0.05	0.13	0.22	0.22	-0.18	0.19	0.33	-0.03	0.06
Cash And Short Term Investments	-0.03	0.03	-0.27	0.09	0.09	0.09	-0.06	-0.57	0.13	-0.01	1.0	0.05	0.34		-0.14	-0.13	-0.06	-0.2	0.0	0.0	0.02	0.08	-0.22	0.16	0.31	0.0
Net Receivables	0.32	0.62	0.75	0.3	0.66	0.49	0.3	0.65	0.11	0.35	-0.14	0.45	-0.25	-0.14		0.78	0.41	0.82	0.28	0.8	0.19	0.88	0.67	0.27	0.54	0.41
Non Current Liabilities Total	0.51	0.75	0.95	0.4	0.85	0.53	0.54	0.84	-0.32	0.53	-0.13	0.7	0.2	-0.13	0.78		0.58	0.76	0.49	0.97	0.37	0.73	0.85	0.58	0.48	0.55
Inventory	0.98	0.94	0.53	0.8	0.81	0.95	0.98	0.58	-0.76	0.99	-0.06	0.95	0.12	-0.06	0.41	0.58		0.15	0.98	0.56	0.87	0.52	0.26	0.88	0.69	0.72
Other Current Assets	0.08	0.4	0.83	0.15	0.59	0.17	0.07	0.68	0.21	0.08	-0.2	0.25	-0.05	-0.2	0.82	0.76	0.15		0.02	0.78	-0.04	0.68	0.84	0.01	0.23	0.14
Other Stockholder Equity	0.99	0.9	0.44	0.81	0.76	0.94	0.99	0.49	-0.83	0.99	0.0	0.95	0.13	0.0	0.28	0.49	0.98	0.02		0.48	0.91	0.42	0.17	0.9	0.69	0.73
Total Liab	0.5	0.75	0.92	0.45	0.87	0.55	0.51	0.74	-0.27	0.52	0.0	0.69	0.22	0.0	0.8	0.97	0.56	0.78	0.48		0.38	0.81	0.81	0.56	0.6	0.61
Property Plant And Equipment Gross	0.87	0.76	0.36	0.73	0.66	0.79	0.87	0.43	-0.86	0.92	0.02	0.81	0.22	0.02	0.19	0.37	0.87	-0.04	0.91	0.38		0.31	0.16	0.85	0.63	0.66
Total Current Assets	0.46	0.69	0.64	0.45	0.68	0.63	0.42	0.46	0.0	0.46	0.08	0.53	-0.18	0.08	0.88	0.73	0.52	0.68	0.42	0.81	0.31		0.47	0.36	0.81	0.65
Short Term Debt	0.18	0.46	0.93	0.09	0.68	0.17	0.21	0.84	-0.13	0.23	-0.22	0.4	0.19	-0.22	0.67	0.85	0.26	0.84	0.17	0.81	0.16	0.47		0.3	0.09	0.16
Intangible Assets	0.86	0.84	0.48	0.66	0.76	0.81	0.88	0.47	-0.81	0.9	0.16	0.92	0.33	0.16	0.27	0.58	0.88	0.01	0.9	0.56	0.85	0.36	0.3		0.6	0.65
Common Stock Total Equity	0.69	0.74	0.35	0.68	0.64	0.8	0.65	0.19	-0.34	0.69	0.31	0.68	-0.03	0.31	0.54	0.48	0.69	0.23	0.69	0.6	0.63	0.81	0.09	0.6		0.83
Common Stock	0.73	0.68	0.46	0.61	0.58	0.71	0.73	0.37	-0.6	0.73	0.0	0.7	0.06	0.0	0.41	0.55	0.72	0.14	0.73	0.61	0.66	0.65	0.16	0.65	0.83

Click cells to compare fundamentals

Orthofix Medical Account Relationship Matchups

Orthofix Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	18.9M	19.4M	19.7M	20.1M	36.7M	38.6M
Total Assets	495.6M	525.9M	476.6M	458.6M	925.3M	971.6M
Other Current Liab	64.7M	24.7M	72.0M	55.4M	101.4M	106.5M
Total Current Liabilities	84.9M	103.9M	105.8M	83.6M	165.2M	173.5M
Total Stockholder Equity	327.6M	356.9M	336.9M	336.9M	598.7M	628.7M
Property Plant And Equipment Net	62.7M	63.6M	59.3M	58.2M	178.9M	187.9M
Net Debt	(48.7M)	(71.4M)	(65.4M)	(30.8M)	96.4M	101.3M
Retained Earnings	57.7M	59.4M	21M	1.3M	(150.1M)	(142.6M)
Accounts Payable	19.9M	23.1M	26.5M	27.6M	58.4M	61.3M
Cash	69.7M	96.3M	87.8M	50.7M	37.8M	39.8M
Non Current Assets Total	235.1M	255.5M	207.1M	202.6M	504.9M	530.1M
Non Currrent Assets Other	11.9M	17.3M	16.7M	25.7M	11.1M	11.7M
Cash And Short Term Investments	69.7M	96.3M	87.8M	50.7M	37.8M	39.8M
Net Receivables	86.8M	72.4M	78.6M	82.9M	128.1M	79.5M
Liabilities And Stockholders Equity	495.6M	525.9M	476.6M	458.6M	925.3M	971.6M
Non Current Liabilities Total	83.1M	65.1M	33.9M	38.1M	161.4M	92.9M
Inventory	82.4M	84.6M	83.0M	100.2M	222.2M	233.3M
Other Current Assets	20.9M	16.5M	20.1M	22.3M	32.4M	20.9M
Other Stockholder Equity	271.0M	292.3M	314.0M	335.0M	746.5M	783.8M
Total Liab	168.0M	169.0M	139.7M	121.8M	326.6M	165.1M
Property Plant And Equipment Gross	62.7M	63.6M	242.2M	221.2M	347.7M	365.1M
Total Current Assets	260.6M	270.4M	269.5M	256.0M	420.4M	217.2M
Accumulated Other Comprehensive Income	3.3M	(3.0M)	3.3M	(1.4M)	(1.3M)	(1.2M)
Short Term Debt	323K	2.6M	2.6M	652K	5.4M	4.7M
Intangible Assets	54.1M	60.5M	52.7M	47.4M	117.5M	123.4M
Common Stock Total Equity	1.9M	1.9M	2.0M	2.0M	2.3M	1.9M
Common Stock	1.9M	1.9M	2.0M	2.0M	3.7M	2.0M
Other Liab	58.4M	39.8M	14.0M	13.5M	15.6M	16.4M
Other Assets	41.0M	47.3M	23.9M	12.8M	14.8M	28.8M
Good Will	72.4M	71.2M	84.0M	71.3M	194.9M	98.1M
Property Plant Equipment	62.7M	63.6M	59.3M	58.2M	67.0M	43.5M
Net Tangible Assets	202.3M	212.3M	213.0M	218.2M	250.9M	234.7M
Retained Earnings Total Equity	57.7M	59.4M	21M	1.3M	1.1M	1.1M
Capital Surpluse	271.0M	292.3M	314.0M	335.0M	385.2M	280.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
BAC	Bank of America
GM	General Motors

When determining whether Orthofix Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orthofix Medical'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 Orthofix Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orthofix Medical Stock:

How To Invest In Orthofix

Details

Is Orthofix Stock a good investment?

Details

What is Orthofix Medical's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Orthofix Stock analysis

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

	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities

Is Orthofix 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 Orthofix Medical. If investors know Orthofix 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 Orthofix 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

(3.30)

Revenue Per Share

20.414

Quarterly Revenue Growth

0.077

Return On Assets

(0.03)

Return On Equity

(0.20)

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

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

Orthofix Common Stock Total Equity vs Inventory Analysis

Common Stock Total Equity vs Inventory

Common Stock Total Equity vs Inventory Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Inventory

Orthofix Medical fundamental ratios Correlations

Orthofix Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Orthofix Medical fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Orthofix Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Accounts Payable
Other Stockholder Equity	+ 0.99	Accounts Payable

Property Plant And Equipment Gross	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.83	Retained Earnings
Retained Earnings	- 0.82	Property Plant And Equipment Net
Intangible Assets	- 0.81	Retained Earnings
Accounts Payable	- 0.81	Retained Earnings
Retained Earnings	- 0.78	Common Stock Shares Outstanding