Senseonics Other Stockholder Equity vs Property Plant And Equipment Net Analysis

SENS Stock  USD 0.49  0.01  2.00%   
Senseonics Holdings financial indicator trend analysis is much more than just breaking down Senseonics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senseonics Holdings is a good investment. Please check the relationship between Senseonics Holdings Other Stockholder Equity and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Senseonics Stock please use our How to Invest in Senseonics Holdings guide.

Other Stockholder Equity vs Property Plant And Equipment Net

Other Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senseonics Holdings Other Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Senseonics Holdings' Other Stockholder Equity and Property Plant And Equipment Net is 0.63. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Senseonics Holdings, assuming nothing else is changed. The correlation between historical values of Senseonics Holdings' Other Stockholder Equity and Property Plant And Equipment Net 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 Senseonics Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Stockholder Equity i.e., Senseonics Holdings' Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Senseonics Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senseonics Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Senseonics Stock please use our How to Invest in Senseonics Holdings guide.Issuance Of Capital Stock is likely to gain to about 35.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 21.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income243K1.8M4.8M5.1M
Income Tax Expense15.3M18.7M21.5M22.6M

Senseonics Holdings fundamental ratios Correlations

0.760.610.48-0.110.45-0.03-0.80.210.670.690.620.50.990.770.650.410.870.760.99-0.20.770.6-0.080.740.62
0.760.310.86-0.230.390.3-0.690.270.60.420.890.220.710.620.450.240.710.680.77-0.130.630.37-0.190.570.83
0.610.310.070.540.63-0.45-0.540.140.570.070.34-0.190.70.670.110.80.590.130.68-0.550.660.020.540.520.36
0.480.860.070.020.240.19-0.30.40.580.080.66-0.030.460.270.020.030.330.320.53-0.040.28-0.010.050.070.87
-0.11-0.230.540.020.36-0.720.260.310.36-0.64-0.25-0.710.03-0.04-0.730.43-0.18-0.690.03-0.44-0.06-0.720.97-0.420.18
0.450.390.630.240.36-0.27-0.70.390.440.150.4-0.030.450.810.140.730.630.210.48-0.910.790.20.190.410.48
-0.030.3-0.450.19-0.72-0.27-0.23-0.26-0.560.350.520.28-0.130.10.4-0.060.170.43-0.110.30.120.34-0.640.2-0.17
-0.8-0.69-0.54-0.30.26-0.7-0.23-0.13-0.33-0.71-0.74-0.47-0.75-0.97-0.75-0.62-0.95-0.8-0.750.51-0.97-0.720.32-0.87-0.43
0.210.270.140.40.310.39-0.26-0.130.44-0.150.04-0.160.230.22-0.190.00.2-0.060.27-0.210.21-0.140.270.00.61
0.670.60.570.580.360.44-0.56-0.330.440.050.32-0.040.730.360.040.150.460.210.76-0.190.350.020.350.310.85
0.690.420.070.08-0.640.150.35-0.71-0.150.050.370.940.590.580.940.110.640.910.56-0.060.590.96-0.660.670.07
0.620.890.340.66-0.250.40.52-0.740.040.320.370.10.590.680.430.480.750.610.63-0.170.690.33-0.20.610.58
0.50.22-0.19-0.03-0.71-0.030.28-0.47-0.16-0.040.940.10.390.320.86-0.180.410.810.350.10.330.92-0.740.48-0.06
0.990.710.70.460.030.45-0.13-0.750.230.730.590.590.390.740.550.460.830.661.0-0.210.740.480.070.70.63
0.770.620.670.27-0.040.810.1-0.970.220.360.580.680.320.740.60.760.910.650.74-0.661.00.58-0.110.790.44
0.650.450.110.02-0.730.140.4-0.75-0.190.040.940.430.860.550.60.10.660.950.53-0.030.620.97-0.730.830.06
0.410.240.80.030.430.73-0.06-0.620.00.150.110.48-0.180.460.760.10.590.10.44-0.730.750.050.390.40.13
0.870.710.590.33-0.180.630.17-0.950.20.460.640.750.410.830.910.660.590.730.84-0.350.910.64-0.210.850.5
0.760.680.130.32-0.690.210.43-0.8-0.060.210.910.610.810.660.650.950.10.730.66-0.040.670.91-0.680.810.32
0.990.770.680.530.030.48-0.11-0.750.270.760.560.630.351.00.740.530.440.840.66-0.210.740.460.060.70.7
-0.2-0.13-0.55-0.04-0.44-0.910.30.51-0.21-0.19-0.06-0.170.1-0.21-0.66-0.03-0.73-0.35-0.04-0.21-0.64-0.09-0.26-0.21-0.22
0.770.630.660.28-0.060.790.12-0.970.210.350.590.690.330.741.00.620.750.910.670.74-0.640.59-0.120.80.43
0.60.370.02-0.01-0.720.20.34-0.72-0.140.020.960.330.920.480.580.970.050.640.910.46-0.090.59-0.770.750.04
-0.08-0.190.540.050.970.19-0.640.320.270.35-0.66-0.2-0.740.07-0.11-0.730.39-0.21-0.680.06-0.26-0.12-0.77-0.410.17
0.740.570.520.07-0.420.410.2-0.870.00.310.670.610.480.70.790.830.40.850.810.7-0.210.80.75-0.410.28
0.620.830.360.870.180.48-0.17-0.430.610.850.070.58-0.060.630.440.060.130.50.320.7-0.220.430.040.170.28
Click cells to compare fundamentals

Senseonics Holdings Account Relationship Matchups

Senseonics Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets132.6M35.9M198.9M177.7M138.2M95.7M
Short Long Term Debt Total119.2M62.7M63.3M74.7M47.8M49.2M
Other Current Liab37K151K3K15.5M12.3M12.9M
Total Current Liabilities126.7M16.6M18.4M31.5M17.3M28.6M
Total Stockholder Equity(8.9M)(144.1M)(185.5M)(2.6M)73.5M77.1M
Property Plant And Equipment Net2.0M1.6M1.3M1.1M6.4M6.7M
Net Debt23.3M44.7M29.8M38.9M(27.9M)(26.5M)
Retained Earnings(473.3M)(648.5M)(951.0M)(808.9M)(869.3M)(825.8M)
Accounts Payable4.3M1.8M1.2M419K4.6M3.0M
Cash95.9M18.0M33.5M35.8M75.7M46.7M
Non Current Assets Total5.0M5.7M54.5M16.5M8.2M9.5M
Non Currrent Assets Other3.0M2.2M1.3M3.1M1.8M1.2M
Other Assets(204K)4.1M198.9M76K1.00.95
Cash And Short Term Investments95.9M18.0M129.9M144.0M109.5M73.3M
Common Stock Total Equity203K266K447K480K552K579.6K
Liabilities And Stockholders Equity132.6M35.9M198.9M177.7M138.2M95.7M
Non Current Liabilities Total14.7M163.4M366.1M148.8M47.5M85.9M
Other Current Assets223K84K29K7.4M7.0M7.3M
Other Stockholder Equity464.3M504.2M765.2M768.8M904.5M473.9M
Total Liab141.4M180.0M384.5M180.2M64.8M114.5M
Total Current Assets127.8M30.2M144.4M161.2M130.0M86.2M
Accumulated Other Comprehensive Income0.0(2.8M)(212K)(678K)(11K)(11.6K)
Common Stock203K266K447K480K530K556.5K
Other Liab664K103.3M306.3M52.1M59.9M59.1M
Net Tangible Assets(8.6M)(141.3M)(185.5M)35.1M31.6M33.2M
Long Term Debt12.5M57.2M59.8M56.4M41.2M34.6M
Net Receivables10.5M3.0M2.0M2.5M4.8M4.1M
Retained Earnings Total Equity(473.3M)(648.5M)(951.0M)(808.9M)(728.0M)(764.4M)
Common Stock Shares Outstanding188.8M227.9M422.3M618.2M568.0M596.4M
Capital Surpluse464.5M504.2M765.2M806.5M927.5M973.8M
Inventory16.9M5.3M6.3M7.3M8.8M6.5M
Property Plant And Equipment Gross2.0M1.6M2.8M3.2M3.7M1.9M
Short Long Term Debt103.8M3.2M2.9M15.6M17.9M19.7M
Short Term Debt104.5M4.0M2.9M15.6M368K349.6K
Property Plant Equipment2.0M1.6M1.3M1.1M1.3M1.2M
Current Deferred Revenue628K17.9M10.7M14.3M16.4M8.9M
Long Term Debt Total12.5M57.2M59.8M56.4M64.8M36.3M
Capital Lease Obligations696K794K904K2.7M6.6M6.9M
Non Current Liabilities Other2.3M41.2M70.0M2.7M3.1M2.9M

Pair Trading with Senseonics Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Senseonics Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Senseonics Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Senseonics Stock

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Moving against Senseonics Stock

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The ability to find closely correlated positions to Senseonics Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Senseonics Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Senseonics Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Senseonics Holdings to buy it.
The correlation of Senseonics Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Senseonics Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Senseonics Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Senseonics Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Senseonics Holdings is a strong investment it is important to analyze Senseonics Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Senseonics Holdings' future performance. For an informed investment choice regarding Senseonics Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Senseonics Stock please use our How to Invest in Senseonics Holdings 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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When running Senseonics Holdings' price analysis, check to measure Senseonics Holdings' 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 Senseonics Holdings is operating at the current time. Most of Senseonics Holdings' value examination focuses on studying past and present price action to predict the probability of Senseonics Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senseonics Holdings' price. Additionally, you may evaluate how the addition of Senseonics Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Senseonics Holdings' 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 Senseonics Holdings. If investors know Senseonics 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 Senseonics Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.14)
Revenue Per Share
0.039
Quarterly Revenue Growth
0.22
Return On Assets
(0.33)
Return On Equity
(1.02)
The market value of Senseonics Holdings is measured differently than its book value, which is the value of Senseonics that is recorded on the company's balance sheet. Investors also form their own opinion of Senseonics Holdings' value that differs from its market value or its book value, called intrinsic value, which is Senseonics Holdings' 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 Senseonics Holdings' market value can be influenced by many factors that don't directly affect Senseonics Holdings' 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 Senseonics Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Senseonics Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Senseonics Holdings' 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.