Orthofix Retained Earnings vs Short Term Debt Analysis
OFIX Stock | USD 15.37 0.24 1.59% |
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 Retained Earnings and its Short Term Debt 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.
Retained Earnings vs Short Term Debt
Retained Earnings vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Orthofix Medical's Retained Earnings and Short Term Debt is -0.13. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt 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 Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Orthofix Medical are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Orthofix Medical's Retained Earnings and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Debt
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 |
Orthofix Medical fundamental ratios Correlations
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Orthofix Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.
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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 (3.36) | 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.