Stereotaxis Historical Balance Sheet
STXS Stock | USD 2.10 0.01 0.48% |
Trend analysis of Stereotaxis balance sheet accounts such as Other Assets of 0.95, Common Stock Shares Outstanding of 84.7 M, Liabilities And Stockholders Equity of 33.6 M or Non Current Liabilities Total of 9.6 M provides information on Stereotaxis' total assets, liabilities, and equity, which is the actual value of Stereotaxis to its prevalent stockholders. By breaking down trends over time using Stereotaxis balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Stereotaxis latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Stereotaxis is a good buy for the upcoming year.
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About Stereotaxis Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Stereotaxis at a specified time, usually calculated after every quarter, six months, or one year. Stereotaxis Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Stereotaxis and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Stereotaxis currently owns. An asset can also be divided into two categories, current and non-current.
Stereotaxis Balance Sheet Chart
Stereotaxis Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Stereotaxis uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Stereotaxis' Net Receivables is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 90.6 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.1 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Stereotaxis assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stereotaxis books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Accounts Payable
An accounting item on the balance sheet that represents Stereotaxis obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Stereotaxis are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Stereotaxis' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Stereotaxis current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Stereotaxis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.At this time, Stereotaxis' Net Receivables is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 90.6 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Non Currrent Assets Other | 278.2K | 208K | 356K | 338.2K | Non Current Assets Total | 9.6M | 10.2M | 8.6M | 4.7M |
Stereotaxis balance sheet Correlations
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Stereotaxis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stereotaxis balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 43.6M | 55.5M | 61.0M | 53.4M | 41.9M | 33.6M | |
Total Stockholder Equity | 28.5M | 40.2M | 39.4M | 31.9M | 16.3M | 10.1M | |
Retained Earnings | (481.3M) | (488.0M) | (498.7M) | (517.0M) | (537.7M) | (564.6M) | |
Non Current Assets Total | 4.8M | 503.6K | 9.6M | 10.2M | 8.6M | 4.7M | |
Non Currrent Assets Other | 218.1K | 308.5K | 278.2K | 208K | 356K | 338.2K | |
Other Assets | 218.1K | 2.5M | 1.2M | 952K | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 63.1M | 72.7M | 75.6M | 76.1M | 80.7M | 84.7M | |
Liabilities And Stockholders Equity | 43.6M | 55.5M | 61.0M | 53.4M | 41.9M | 33.6M | |
Non Current Liabilities Total | 2.9M | 1.7M | 8.3M | 7.2M | 6.7M | 9.6M | |
Other Stockholder Equity | 504.0M | 522.5M | 532.4M | 543.2M | 553.9M | 393.4M | |
Total Liab | 15.1M | 15.2M | 21.6M | 21.5M | 20.0M | 32.1M | |
Other Current Liab | 2.7M | 3.2M | 2.5M | 3.3M | 3.0M | 5.8M | |
Total Current Liabilities | 12.2M | 13.6M | 13.3M | 14.3M | 13.2M | 17.1M | |
Other Liab | 809.8K | 680.1K | 2.5M | 1.7M | 2.0M | 1.1M | |
Property Plant And Equipment Net | 4.5M | 195.1K | 8.4M | 9.2M | 8.3M | 8.7M | |
Current Deferred Revenue | 5.1M | 5.3M | 6.3M | 7.3M | 6.7M | 6.9M | |
Net Debt | (25.8M) | (39.5M) | (32.6M) | (2.7M) | (14.3M) | (13.6M) | |
Accounts Payable | 2.1M | 1.6M | 4.2M | 3.3M | 3.2M | 2.8M | |
Cash | 30.2M | 43.9M | 38.7M | 8.6M | 19.8M | 20.7M | |
Cash And Short Term Investments | 30.2M | 43.9M | 38.7M | 28.4M | 19.8M | 18.2M | |
Net Receivables | 5.3M | 3.5M | 5.4M | 5.1M | 3.8M | 5.9M | |
Common Stock Total Equity | 68.5K | 73.7K | 74.6K | 75K | 86.3K | 90.6K | |
Inventory | 1.8M | 3.3M | 4.4M | 7.9M | 8.4M | 4.3M | |
Other Current Assets | 1.5M | 4.2M | 2.4M | 1.3M | 1.2M | 1.8M | |
Property Plant And Equipment Gross | 4.5M | 2.4M | 8.4M | 9.2M | 12.2M | 12.8M | |
Total Current Assets | 38.8M | 55.0M | 51.4M | 43.2M | 33.3M | 30.2M | |
Common Stock | 68.5K | 73.7K | 74.6K | 75K | 81K | 43.9K | |
Property Plant Equipment | 250.4K | 195.1K | 8.4M | 3.8M | 3.4M | 2.2M | |
Net Tangible Assets | 28.5M | 40.2M | 33.8M | 31.9M | 36.7M | 38.5M | |
Retained Earnings Total Equity | (481.3M) | (488.0M) | (498.7M) | (517.0M) | (465.3M) | (488.5M) | |
Capital Surpluse | 504.2M | 522.7M | 532.6M | 543.4M | 625.0M | 508.0M |
Pair Trading with Stereotaxis
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 Stereotaxis 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 Stereotaxis will appreciate offsetting losses from the drop in the long position's value.Moving together with Stereotaxis Stock
0.74 | DH | Definitive Healthcare | PairCorr |
Moving against Stereotaxis Stock
0.7 | RMD | ResMed Inc Financial Report 1st of August 2024 | PairCorr |
0.66 | DGX | Quest Diagnostics | PairCorr |
0.63 | HAE | Haemonetics | PairCorr |
0.53 | ESTA | Establishment Labs | PairCorr |
0.5 | EHC | Encompass Health Corp | PairCorr |
The ability to find closely correlated positions to Stereotaxis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stereotaxis 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 Stereotaxis - 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 Stereotaxis to buy it.
The correlation of Stereotaxis 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 Stereotaxis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stereotaxis 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 Stereotaxis 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stereotaxis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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Is Stereotaxis' 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 Stereotaxis. If investors know Stereotaxis 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 Stereotaxis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.329 | Quarterly Revenue Growth 0.051 | Return On Assets (0.29) | Return On Equity (0.81) |
The market value of Stereotaxis is measured differently than its book value, which is the value of Stereotaxis that is recorded on the company's balance sheet. Investors also form their own opinion of Stereotaxis' value that differs from its market value or its book value, called intrinsic value, which is Stereotaxis' 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 Stereotaxis' market value can be influenced by many factors that don't directly affect Stereotaxis' 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 Stereotaxis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stereotaxis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stereotaxis' 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.