Stereotaxis Enterprise Value vs Book Value per Share Analysis

STXS Stock  USD 2.70  0.01  0.37%   
Stereotaxis financial indicator trend analysis is much more than just breaking down Stereotaxis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stereotaxis is a good investment. Please check the relationship between Stereotaxis Enterprise Value and its Book Value Per Share accounts. 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.

Enterprise Value vs Book Value Per Share

Enterprise Value vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stereotaxis Enterprise Value account and Book Value per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Stereotaxis' Enterprise Value and Book Value per Share is -0.23. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Stereotaxis, assuming nothing else is changed. The correlation between historical values of Stereotaxis' Enterprise Value and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Stereotaxis are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Enterprise Value i.e., Stereotaxis' Enterprise Value and Book Value per Share go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as Stereotaxis theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Stereotaxis debt, but would also pocket its cash. Enterprise Value is more accurate representation of Stereotaxis value than its market capitalization because it takes into account all of Stereotaxis existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Stereotaxis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stereotaxis 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 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.Selling General Administrative is likely to drop to about 13.3 M in 2024. Issuance Of Capital Stock is likely to drop to about 110.2 K in 2024

Stereotaxis fundamental ratios Correlations

0.75-0.230.2-0.16-0.090.62-0.050.37-0.18-0.06-0.45-0.250.240.630.0-0.430.440.7-0.240.840.030.670.360.590.59
0.75-0.030.420.220.290.74-0.520.18-0.77-0.61-0.54-0.730.170.49-0.55-0.84-0.140.81-0.650.94-0.560.64-0.060.160.49
-0.23-0.030.740.920.91-0.64-0.06-0.92-0.20.12-0.09-0.07-0.57-0.41-0.550.0-0.140.110.130.06-0.22-0.61-0.26-0.14-0.45
0.20.420.740.860.86-0.08-0.17-0.67-0.45-0.18-0.33-0.39-0.160.26-0.6-0.270.040.32-0.210.41-0.42-0.10.08-0.240.2
-0.160.220.920.860.99-0.35-0.25-0.87-0.49-0.21-0.18-0.36-0.43-0.21-0.74-0.28-0.310.26-0.150.23-0.53-0.4-0.26-0.31-0.2
-0.090.290.910.860.99-0.31-0.29-0.84-0.52-0.24-0.2-0.39-0.43-0.21-0.77-0.33-0.320.32-0.180.31-0.56-0.37-0.27-0.25-0.21
0.620.74-0.64-0.08-0.35-0.31-0.40.63-0.48-0.58-0.36-0.520.50.72-0.09-0.62-0.050.48-0.650.58-0.320.920.140.120.78
-0.05-0.52-0.06-0.17-0.25-0.29-0.4-0.040.730.82-0.20.310.16-0.020.530.760.49-0.380.93-0.410.72-0.280.470.21-0.07
0.370.18-0.92-0.67-0.87-0.840.63-0.040.05-0.170.01-0.030.620.340.44-0.110.110.0-0.180.10.130.580.270.170.34
-0.18-0.77-0.2-0.45-0.49-0.52-0.480.730.050.840.380.86-0.06-0.10.820.830.63-0.540.73-0.590.88-0.280.390.34-0.13
-0.06-0.610.12-0.18-0.21-0.24-0.580.82-0.170.84-0.030.64-0.16-0.190.570.830.65-0.370.87-0.420.88-0.330.340.44-0.25
-0.45-0.54-0.09-0.33-0.18-0.2-0.36-0.20.010.38-0.030.69-0.31-0.30.330.190.01-0.41-0.07-0.460.09-0.39-0.14-0.12-0.3
-0.25-0.73-0.07-0.39-0.36-0.39-0.520.31-0.030.860.640.69-0.27-0.220.70.650.53-0.490.4-0.540.68-0.330.190.29-0.25
0.240.17-0.57-0.16-0.43-0.430.50.160.62-0.06-0.16-0.31-0.270.510.21-0.050.11-0.06-0.080.04-0.060.410.36-0.220.45
0.630.49-0.410.26-0.21-0.210.72-0.020.34-0.1-0.19-0.3-0.220.510.14-0.20.460.22-0.350.390.00.740.510.030.96
0.0-0.55-0.55-0.6-0.74-0.77-0.090.530.440.820.570.330.70.210.140.660.57-0.530.45-0.480.79-0.010.540.320.1
-0.43-0.840.0-0.27-0.28-0.33-0.620.76-0.110.830.830.190.65-0.05-0.20.660.42-0.820.81-0.790.77-0.460.370.0-0.27
0.44-0.14-0.140.04-0.31-0.32-0.050.490.110.630.650.010.530.110.460.570.42-0.040.350.010.690.220.570.440.35
0.70.810.110.320.260.320.48-0.380.0-0.54-0.37-0.41-0.49-0.060.22-0.53-0.82-0.04-0.440.91-0.390.47-0.210.440.28
-0.24-0.650.13-0.21-0.15-0.18-0.650.93-0.180.730.87-0.070.4-0.08-0.350.450.810.35-0.44-0.510.71-0.520.280.21-0.4
0.840.940.060.410.230.310.58-0.410.1-0.59-0.42-0.46-0.540.040.39-0.48-0.790.010.91-0.51-0.420.55-0.040.390.39
0.03-0.56-0.22-0.42-0.53-0.56-0.320.720.130.880.880.090.68-0.060.00.790.770.69-0.390.71-0.42-0.110.290.51-0.07
0.670.64-0.61-0.1-0.4-0.370.92-0.280.58-0.28-0.33-0.39-0.330.410.74-0.01-0.460.220.47-0.520.55-0.110.20.250.8
0.36-0.06-0.260.08-0.26-0.270.140.470.270.390.34-0.140.190.360.510.540.370.57-0.210.28-0.040.290.20.120.49
0.590.16-0.14-0.24-0.31-0.250.120.210.170.340.44-0.120.29-0.220.030.320.00.440.440.210.390.510.250.120.08
0.590.49-0.450.2-0.2-0.210.78-0.070.34-0.13-0.25-0.3-0.250.450.960.1-0.270.350.28-0.40.39-0.070.80.490.08
Click cells to compare fundamentals

Stereotaxis Account Relationship Matchups

Stereotaxis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.6M55.5M61.0M53.4M41.9M33.6M
Total Stockholder Equity28.5M40.2M39.4M31.9M16.3M10.1M
Retained Earnings(481.3M)(488.0M)(498.7M)(517.0M)(537.7M)(564.6M)
Non Current Assets Total4.8M503.6K9.6M10.2M8.6M4.7M
Non Currrent Assets Other218.1K308.5K278.2K208K356K338.2K
Other Assets218.1K2.5M1.2M952K1.00.95
Common Stock Shares Outstanding63.1M72.7M75.6M76.1M80.7M84.7M
Liabilities And Stockholders Equity43.6M55.5M61.0M53.4M41.9M33.6M
Non Current Liabilities Total2.9M1.7M8.3M7.2M6.7M9.6M
Other Stockholder Equity504.0M522.5M532.4M543.2M553.9M393.4M
Total Liab15.1M15.2M21.6M21.5M20.0M32.1M
Other Current Liab2.7M3.2M2.5M3.3M3.0M5.8M
Total Current Liabilities12.2M13.6M13.3M14.3M13.2M17.1M
Other Liab809.8K680.1K2.5M1.7M2.0M1.1M
Property Plant And Equipment Net4.5M195.1K8.4M9.2M8.3M8.7M
Current Deferred Revenue5.1M5.3M6.3M7.3M6.7M6.9M
Net Debt(25.8M)(39.5M)(32.6M)(2.7M)(14.3M)(13.6M)
Accounts Payable2.1M1.6M4.2M3.3M3.2M2.8M
Cash30.2M43.9M38.7M8.6M19.8M20.7M
Cash And Short Term Investments30.2M43.9M38.7M28.4M19.8M18.2M
Net Receivables5.3M3.5M5.4M5.1M3.8M5.9M
Common Stock Total Equity68.5K73.7K74.6K75K86.3K90.6K
Inventory1.8M3.3M4.4M7.9M8.4M4.3M
Other Current Assets1.5M4.2M2.4M1.3M1.2M1.8M
Property Plant And Equipment Gross4.5M2.4M8.4M9.2M12.2M12.8M
Total Current Assets38.8M55.0M51.4M43.2M33.3M30.2M
Common Stock68.5K73.7K74.6K75K81K43.9K
Property Plant Equipment250.4K195.1K8.4M3.8M3.4M2.2M
Net Tangible Assets28.5M40.2M33.8M31.9M36.7M38.5M
Retained Earnings Total Equity(481.3M)(488.0M)(498.7M)(517.0M)(465.3M)(488.5M)
Capital Surpluse504.2M522.7M532.6M543.4M625.0M508.0M

Currently Active Assets on Macroaxis

When determining whether Stereotaxis is a strong investment it is important to analyze Stereotaxis' 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 Stereotaxis' future performance. For an informed investment choice regarding Stereotaxis 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 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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
(0.27)
Revenue Per Share
0.332
Quarterly Revenue Growth
(0.38)
Return On Assets
(0.29)
Return On Equity
(0.77)
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.