Beauty Net Receivables vs Short Term Investments Analysis

SKIN Stock  USD 2.74  0.03  1.08%   
Beauty Health financial indicator trend analysis is way more than just evaluating Beauty Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beauty Health is a good investment. Please check the relationship between Beauty Health Net Receivables and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Beauty Health Co. 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.

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beauty Health Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beauty Health's Net Receivables and Short Term Investments is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Beauty Health Co, assuming nothing else is changed. The correlation between historical values of Beauty Health's Net Receivables and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Beauty Health Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., Beauty Health's Net Receivables and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Short Term Investments

Short Term Investments is an item under the current assets section of Beauty Health balance sheet. It contains any investments Beauty Health Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Beauty Health can easily liquidate in the marketplace.
Most indicators from Beauty Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beauty Health 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 Beauty Health Co. 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.
As of the 18th of May 2024, Enterprise Value is likely to grow to about 811.9 M, while Tax Provision is likely to drop (3.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit181.8M250.3M155.1M152.9M
Total Revenue260.1M365.9M398.0M260.7M

Beauty Health fundamental ratios Correlations

0.170.190.10.240.14-0.030.150.24-0.550.07-0.140.130.130.250.190.140.180.130.270.180.170.220.290.290.17
0.170.980.660.880.920.780.990.98-0.06-0.59-0.950.870.990.950.830.80.990.990.920.961.00.990.780.861.0
0.190.980.760.930.840.660.950.98-0.17-0.44-0.980.940.960.980.920.881.00.960.970.981.00.990.870.90.98
0.10.660.760.820.370.190.610.68-0.490.1-0.850.870.590.830.890.970.760.590.820.830.720.70.830.70.66
0.240.880.930.820.640.510.840.86-0.31-0.25-0.940.980.840.950.920.870.920.840.910.920.910.880.820.750.89
0.140.920.840.370.640.910.950.90.14-0.82-0.790.630.950.790.570.550.850.950.730.820.880.890.550.730.92
-0.030.780.660.190.510.910.860.680.41-0.95-0.660.480.850.620.320.340.670.850.460.650.720.690.220.410.78
0.150.990.950.610.840.950.860.950.0-0.69-0.940.830.990.930.740.740.950.990.850.940.970.960.680.780.99
0.240.980.980.680.860.90.680.95-0.18-0.49-0.940.860.960.950.860.820.980.960.950.960.981.00.860.930.98
-0.55-0.06-0.17-0.49-0.310.140.410.0-0.18-0.550.2-0.240.04-0.31-0.37-0.43-0.160.04-0.37-0.24-0.1-0.16-0.5-0.37-0.05
0.07-0.59-0.440.1-0.25-0.82-0.95-0.69-0.49-0.550.41-0.21-0.68-0.37-0.05-0.06-0.45-0.68-0.22-0.41-0.51-0.490.03-0.21-0.59
-0.14-0.95-0.98-0.85-0.94-0.79-0.66-0.94-0.940.20.41-0.95-0.93-0.99-0.9-0.93-0.98-0.93-0.93-1.0-0.97-0.95-0.83-0.83-0.96
0.130.870.940.870.980.630.480.830.86-0.24-0.21-0.950.830.940.960.920.930.830.920.930.910.880.850.770.89
0.130.990.960.590.840.950.850.990.960.04-0.68-0.930.830.920.760.730.961.00.860.930.980.970.70.80.99
0.250.950.980.830.950.790.620.930.95-0.31-0.37-0.990.940.920.910.920.980.920.960.990.970.960.860.860.95
0.190.830.920.890.920.570.320.740.86-0.37-0.05-0.90.960.760.910.940.910.760.970.910.880.880.960.880.83
0.140.80.880.970.870.550.340.740.82-0.43-0.06-0.930.920.730.920.940.870.730.920.920.840.830.90.830.8
0.180.991.00.760.920.850.670.950.98-0.16-0.45-0.980.930.960.980.910.870.960.960.981.00.990.860.890.99
0.130.990.960.590.840.950.850.990.960.04-0.68-0.930.831.00.920.760.730.960.860.930.980.970.70.80.99
0.270.920.970.820.910.730.460.850.95-0.37-0.22-0.930.920.860.960.970.920.960.860.950.940.960.960.960.91
0.180.960.980.830.920.820.650.940.96-0.24-0.41-1.00.930.930.990.910.920.980.930.950.980.970.850.880.96
0.171.01.00.720.910.880.720.970.98-0.1-0.51-0.970.910.980.970.880.841.00.980.940.980.990.820.881.0
0.220.990.990.70.880.890.690.961.0-0.16-0.49-0.950.880.970.960.880.830.990.970.960.970.990.860.920.99
0.290.780.870.830.820.550.220.680.86-0.50.03-0.830.850.70.860.960.90.860.70.960.850.820.860.950.78
0.290.860.90.70.750.730.410.780.93-0.37-0.21-0.830.770.80.860.880.830.890.80.960.880.880.920.950.85
0.171.00.980.660.890.920.780.990.98-0.05-0.59-0.960.890.990.950.830.80.990.990.910.961.00.990.780.85
Click cells to compare fundamentals

Beauty Health Account Relationship Matchups

Beauty Health fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding32.1M34.3M102.1M148.5M131.7M105.3M

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When determining whether Beauty Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beauty Health'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 Beauty Health Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beauty Health Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Beauty Health Co. 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.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Beauty Health's price analysis, check to measure Beauty Health'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 Beauty Health is operating at the current time. Most of Beauty Health's value examination focuses on studying past and present price action to predict the probability of Beauty Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beauty Health's price. Additionally, you may evaluate how the addition of Beauty Health to your portfolios can decrease your overall portfolio volatility.
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Is Beauty Health'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 Beauty Health. If investors know Beauty 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 Beauty Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
3.039
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.09)
Return On Equity
(0.76)
The market value of Beauty Health is measured differently than its book value, which is the value of Beauty that is recorded on the company's balance sheet. Investors also form their own opinion of Beauty Health's value that differs from its market value or its book value, called intrinsic value, which is Beauty Health'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 Beauty Health's market value can be influenced by many factors that don't directly affect Beauty Health'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 Beauty Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beauty Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beauty Health'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.