STRATA Selling General Administrative vs Total Other Income Expense Net Analysis
| SSKN Stock | USD 0.37 0.01 2.63% |
STRATA Skin financial indicator trend analysis is much more than just breaking down STRATA Skin Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STRATA Skin Sciences is a good investment. Please check the relationship between STRATA Skin Selling General Administrative and its Total Other Income Expense Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STRATA Skin Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Selling General Administrative vs Total Other Income Expense Net
Selling General Administrative vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STRATA Skin Sciences Selling General Administrative account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between STRATA Skin's Selling General Administrative and Total Other Income Expense Net is 0.72. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of STRATA Skin Sciences, assuming nothing else is changed. The correlation between historical values of STRATA Skin's Selling General Administrative and Total Other Income Expense 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 Selling General Administrative of STRATA Skin Sciences are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Selling General Administrative i.e., STRATA Skin's Selling General Administrative and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Selling General Administrative
Total Other Income Expense Net
Most indicators from STRATA Skin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STRATA Skin Sciences 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 STRATA Skin Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. As of the 1st of June 2024, Enterprise Value is likely to grow to about 34.2 M, while Selling General Administrative is likely to drop about 8.9 M.
STRATA Skin fundamental ratios Correlations
Click cells to compare fundamentals
STRATA Skin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
STRATA Skin fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 27.2M | 33.6M | 34.1M | 34.7M | 34.9M | 36.7M | |
| Other Current Liab | 4.5M | 4.7M | 6.4M | 6.9M | 6.4M | 6.7M | |
| Accounts Payable | 1.8M | 2.8M | 2.8M | 3.4M | 3.3M | 2.5M | |
| Other Assets | 428K | 347K | 1.3M | 216K | 248.4K | 301.5K | |
| Property Plant Equipment | 5.3M | 5.4M | 6.5M | 7.5M | 8.6M | 4.7M | |
| Other Liab | 499K | 178K | 288K | 666K | 765.9K | 1.1M | |
| Net Tangible Assets | 12.7M | 11.9M | 10.7M | 6.5M | 5.9M | 6.7M | |
| Retained Earnings Total Equity | (229.4M) | (210.8M) | (214.6M) | (219.0M) | (197.1M) | (206.9M) | |
| Capital Surpluse | 251.6M | 242.0M | 243.2M | 244.8M | 281.6M | 235.9M |
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Is STRATA Skin'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 STRATA Skin. If investors know STRATA 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 STRATA Skin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 0.955 | Quarterly Revenue Growth (0.18) | Return On Assets (0.08) | Return On Equity (0.63) |
The market value of STRATA Skin Sciences is measured differently than its book value, which is the value of STRATA that is recorded on the company's balance sheet. Investors also form their own opinion of STRATA Skin's value that differs from its market value or its book value, called intrinsic value, which is STRATA Skin'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 STRATA Skin's market value can be influenced by many factors that don't directly affect STRATA Skin'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 STRATA Skin's value and its price as these two are different measures arrived at by different means. Investors typically determine if STRATA Skin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STRATA Skin'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.