Orthofix Other Stockholder Equity vs Total Stockholder Equity 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 Other Stockholder Equity and its Total Stockholder Equity 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.

Other Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orthofix Medical's Other Stockholder Equity and Total Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity 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 Other Stockholder Equity and Total Stockholder Equity 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 Stockholder Equity of Orthofix Medical are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Orthofix Medical's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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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.
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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.