Orthofix Intangible Assets vs Short Long Term Debt Total 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 Intangible Assets and its Short Long Term Debt Total 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.

Intangible Assets vs Short Long Term Debt Total

Intangible Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Intangible Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orthofix Medical's Intangible Assets and Short Long Term Debt Total is 0.48. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Long Term Debt Total 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 Intangible Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Orthofix Medical are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Intangible Assets i.e., Orthofix Medical's Intangible Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Long Term Debt Total

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 Profit349.6M337.2M468.9M258.6M
Total Revenue464.5M460.7M746.6M784.0M

Orthofix Medical fundamental ratios Correlations

0.920.470.850.780.950.990.51-0.780.98-0.030.950.1-0.030.320.510.980.080.990.50.870.460.180.860.690.73
0.920.690.790.940.950.910.66-0.580.920.030.970.090.030.620.750.940.40.90.750.760.690.460.840.740.68
0.470.690.380.830.450.490.91-0.320.48-0.270.640.16-0.270.750.950.530.830.440.920.360.640.930.480.350.46
0.850.790.380.710.820.80.33-0.560.780.090.80.170.090.30.40.80.150.810.450.730.450.090.660.680.61
0.780.940.830.710.80.770.72-0.50.780.090.90.250.090.660.850.810.590.760.870.660.680.680.760.640.58
0.950.950.450.820.80.920.44-0.580.940.090.92-0.030.090.490.530.950.170.940.550.790.630.170.810.80.71
0.990.910.490.80.770.920.55-0.820.98-0.060.950.13-0.060.30.540.980.070.990.510.870.420.210.880.650.73
0.510.660.910.330.720.440.55-0.430.54-0.570.610.04-0.570.650.840.580.680.490.740.430.460.840.470.190.37
-0.78-0.58-0.32-0.56-0.5-0.58-0.82-0.43-0.810.13-0.73-0.360.130.11-0.32-0.760.21-0.83-0.27-0.860.0-0.13-0.81-0.34-0.6
0.980.920.480.780.780.940.980.54-0.81-0.010.940.15-0.010.350.530.990.080.990.520.920.460.230.90.690.73
-0.030.03-0.270.090.090.09-0.06-0.570.13-0.010.050.341.0-0.14-0.13-0.06-0.20.00.00.020.08-0.220.160.310.0
0.950.970.640.80.90.920.950.61-0.730.940.050.230.050.450.70.950.250.950.690.810.530.40.920.680.7
0.10.090.160.170.25-0.030.130.04-0.360.150.340.230.34-0.250.20.12-0.050.130.220.22-0.180.190.33-0.030.06
-0.030.03-0.270.090.090.09-0.06-0.570.13-0.011.00.050.34-0.14-0.13-0.06-0.20.00.00.020.08-0.220.160.310.0
0.320.620.750.30.660.490.30.650.110.35-0.140.45-0.25-0.140.780.410.820.280.80.190.880.670.270.540.41
0.510.750.950.40.850.530.540.84-0.320.53-0.130.70.2-0.130.780.580.760.490.970.370.730.850.580.480.55
0.980.940.530.80.810.950.980.58-0.760.99-0.060.950.12-0.060.410.580.150.980.560.870.520.260.880.690.72
0.080.40.830.150.590.170.070.680.210.08-0.20.25-0.05-0.20.820.760.150.020.78-0.040.680.840.010.230.14
0.990.90.440.810.760.940.990.49-0.830.990.00.950.130.00.280.490.980.020.480.910.420.170.90.690.73
0.50.750.920.450.870.550.510.74-0.270.520.00.690.220.00.80.970.560.780.480.380.810.810.560.60.61
0.870.760.360.730.660.790.870.43-0.860.920.020.810.220.020.190.370.87-0.040.910.380.310.160.850.630.66
0.460.690.640.450.680.630.420.460.00.460.080.53-0.180.080.880.730.520.680.420.810.310.470.360.810.65
0.180.460.930.090.680.170.210.84-0.130.23-0.220.40.19-0.220.670.850.260.840.170.810.160.470.30.090.16
0.860.840.480.660.760.810.880.47-0.810.90.160.920.330.160.270.580.880.010.90.560.850.360.30.60.65
0.690.740.350.680.640.80.650.19-0.340.690.310.68-0.030.310.540.480.690.230.690.60.630.810.090.60.83
0.730.680.460.610.580.710.730.37-0.60.730.00.70.060.00.410.550.720.140.730.610.660.650.160.650.83
Click cells to compare fundamentals

Orthofix Medical Account Relationship Matchups

Orthofix Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding18.9M19.4M19.7M20.1M36.7M38.6M
Total Assets495.6M525.9M476.6M458.6M925.3M971.6M
Other Current Liab64.7M24.7M72.0M55.4M101.4M106.5M
Total Current Liabilities84.9M103.9M105.8M83.6M165.2M173.5M
Total Stockholder Equity327.6M356.9M336.9M336.9M598.7M628.7M
Property Plant And Equipment Net62.7M63.6M59.3M58.2M178.9M187.9M
Net Debt(48.7M)(71.4M)(65.4M)(30.8M)96.4M101.3M
Retained Earnings57.7M59.4M21M1.3M(150.1M)(142.6M)
Accounts Payable19.9M23.1M26.5M27.6M58.4M61.3M
Cash69.7M96.3M87.8M50.7M37.8M39.8M
Non Current Assets Total235.1M255.5M207.1M202.6M504.9M530.1M
Non Currrent Assets Other11.9M17.3M16.7M25.7M11.1M11.7M
Cash And Short Term Investments69.7M96.3M87.8M50.7M37.8M39.8M
Net Receivables86.8M72.4M78.6M82.9M128.1M79.5M
Liabilities And Stockholders Equity495.6M525.9M476.6M458.6M925.3M971.6M
Non Current Liabilities Total83.1M65.1M33.9M38.1M161.4M92.9M
Inventory82.4M84.6M83.0M100.2M222.2M233.3M
Other Current Assets20.9M16.5M20.1M22.3M32.4M20.9M
Other Stockholder Equity271.0M292.3M314.0M335.0M746.5M783.8M
Total Liab168.0M169.0M139.7M121.8M326.6M165.1M
Property Plant And Equipment Gross62.7M63.6M242.2M221.2M347.7M365.1M
Total Current Assets260.6M270.4M269.5M256.0M420.4M217.2M
Accumulated Other Comprehensive Income3.3M(3.0M)3.3M(1.4M)(1.3M)(1.2M)
Short Term Debt323K2.6M2.6M652K5.4M4.7M
Intangible Assets54.1M60.5M52.7M47.4M117.5M123.4M
Common Stock Total Equity1.9M1.9M2.0M2.0M2.3M1.9M
Common Stock1.9M1.9M2.0M2.0M3.7M2.0M
Other Liab58.4M39.8M14.0M13.5M15.6M16.4M
Other Assets41.0M47.3M23.9M12.8M14.8M28.8M
Good Will72.4M71.2M84.0M71.3M194.9M98.1M
Property Plant Equipment62.7M63.6M59.3M58.2M67.0M43.5M
Net Tangible Assets202.3M212.3M213.0M218.2M250.9M234.7M
Retained Earnings Total Equity57.7M59.4M21M1.3M1.1M1.1M
Capital Surpluse271.0M292.3M314.0M335.0M385.2M280.6M

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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:
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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.