Shockwave Intangible Assets vs Net Invested Capital Analysis

SWAV Stock

USD 330.38 0.38 0.12%

Shockwave Medical financial indicator trend analysis is much more than just breaking down Shockwave Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shockwave Medical is a good investment. Please check the relationship between Shockwave Medical Intangible Assets and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shockwave Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Shockwave Stock please use our How to Invest in Shockwave Medical guide.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shockwave Medical Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Shockwave Medical's Intangible Assets and Net Invested Capital is -0.89. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Shockwave Medical, assuming nothing else is changed. The correlation between historical values of Shockwave Medical's Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Shockwave Medical are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Shockwave Medical's Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Shockwave Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shockwave Medical 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 Shockwave Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Shockwave Stock please use our How to Invest in Shockwave Medical guide.At this time, Shockwave Medical's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 100 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	196.6M	300.6M	468.8M	492.3M
Cost Of Revenue	41.4M	65.0M	95.4M	100.2M

Total Operating Expenses Cost Of Revenue

Shockwave Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.98	0.97	0.93	0.76	0.91	0.94	0.93	0.72	0.97	0.98	0.99	0.96	0.94	1.0	0.98	0.64	0.74	0.99	0.9	0.65	0.97	0.98	0.7	0.93	1.0
Other Current Liab	0.98		1.0	0.97	0.82	0.95	0.99	0.85	0.62	0.98	0.95	0.98	0.97	0.94	0.96	0.99	0.73	0.84	0.95	0.81	0.74	1.0	0.99	0.81	0.86	0.98
Total Current Liabilities	0.97	1.0		0.98	0.85	0.96	0.99	0.84	0.59	0.98	0.95	0.97	0.96	0.93	0.95	0.99	0.76	0.86	0.95	0.79	0.77	0.99	0.99	0.82	0.84	0.98
Total Stockholder Equity	0.93	0.97	0.98		0.91	0.99	0.98	0.75	0.5	0.96	0.91	0.94	0.93	0.92	0.91	0.96	0.85	0.91	0.9	0.69	0.84	0.98	0.96	0.88	0.74	0.95
Other Liab	0.76	0.82	0.85	0.91		0.93	0.85	0.52	0.14	0.79	0.75	0.73	0.7	0.69	0.74	0.77	0.93	0.89	0.73	0.44	0.95	0.83	0.78	0.9	0.5	0.8
Net Tangible Assets	0.91	0.95	0.96	0.99	0.93		0.97	0.69	0.46	0.95	0.89	0.91	0.89	0.9	0.88	0.94	0.84	0.9	0.87	0.65	0.87	0.96	0.94	0.88	0.71	0.93
Property Plant And Equipment Net	0.94	0.99	0.99	0.98	0.85	0.97		0.77	0.56	0.98	0.91	0.96	0.95	0.94	0.91	0.98	0.76	0.89	0.9	0.73	0.79	0.99	0.98	0.85	0.78	0.95
Net Debt	0.93	0.85	0.84	0.75	0.52	0.69	0.77		0.77	0.81	0.89	0.89	0.86	0.79	0.95	0.86	0.41	0.53	0.96	0.98	0.39	0.83	0.86	0.48	0.98	0.91
Retained Earnings	0.72	0.62	0.59	0.5	0.14	0.46	0.56	0.77		0.68	0.74	0.75	0.73	0.76	0.72	0.69	0.01	0.19	0.7	0.86	0.02	0.62	0.69	0.11	0.85	0.67
Accounts Payable	0.97	0.98	0.98	0.96	0.79	0.95	0.98	0.81	0.68		0.96	0.98	0.98	0.97	0.94	0.99	0.7	0.8	0.92	0.8	0.7	0.98	0.99	0.76	0.84	0.97
Cash	0.98	0.95	0.95	0.91	0.75	0.89	0.91	0.89	0.74	0.96		0.97	0.93	0.92	0.98	0.96	0.61	0.68	0.96	0.89	0.62	0.93	0.96	0.63	0.92	0.98
Non Current Assets Total	0.99	0.98	0.97	0.94	0.73	0.91	0.96	0.89	0.75	0.98	0.97		0.98	0.97	0.97	0.99	0.63	0.76	0.96	0.88	0.63	0.98	0.99	0.71	0.91	0.98
Non Currrent Assets Other	0.96	0.97	0.96	0.93	0.7	0.89	0.95	0.86	0.73	0.98	0.93	0.98		0.97	0.93	0.98	0.65	0.79	0.93	0.83	0.61	0.97	0.98	0.73	0.86	0.96
Other Assets	0.94	0.94	0.93	0.92	0.69	0.9	0.94	0.79	0.76	0.97	0.92	0.97	0.97		0.91	0.96	0.61	0.75	0.89	0.79	0.62	0.96	0.97	0.7	0.83	0.93
Cash And Short Term Investments	1.0	0.96	0.95	0.91	0.74	0.88	0.91	0.95	0.72	0.94	0.98	0.97	0.93	0.91		0.96	0.62	0.71	1.0	0.92	0.62	0.95	0.96	0.66	0.95	0.99
Net Receivables	0.98	0.99	0.99	0.96	0.77	0.94	0.98	0.86	0.69	0.99	0.96	0.99	0.98	0.96	0.96		0.68	0.81	0.95	0.84	0.69	0.99	1.0	0.76	0.88	0.98
Common Stock Total Equity	0.64	0.73	0.76	0.85	0.93	0.84	0.76	0.41	0.01	0.7	0.61	0.63	0.65	0.61	0.62	0.68		0.94	0.62	0.28	0.95	0.74	0.69	0.94	0.35	0.7
Common Stock Shares Outstanding	0.74	0.84	0.86	0.91	0.89	0.9	0.89	0.53	0.19	0.8	0.68	0.76	0.79	0.75	0.71	0.81	0.94		0.71	0.41	0.91	0.86	0.81	0.99	0.48	0.78
Short Term Investments	0.99	0.95	0.95	0.9	0.73	0.87	0.9	0.96	0.7	0.92	0.96	0.96	0.93	0.89	1.0	0.95	0.62	0.71		0.92	0.62	0.94	0.95	0.67	0.95	0.99
Non Current Liabilities Total	0.9	0.81	0.79	0.69	0.44	0.65	0.73	0.98	0.86	0.8	0.89	0.88	0.83	0.79	0.92	0.84	0.28	0.41	0.92		0.3	0.79	0.83	0.36	1.0	0.87
Capital Surpluse	0.65	0.74	0.77	0.84	0.95	0.87	0.79	0.39	0.02	0.7	0.62	0.63	0.61	0.62	0.62	0.69	0.95	0.91	0.62	0.3		0.76	0.7	0.94	0.37	0.69
Inventory	0.97	1.0	0.99	0.98	0.83	0.96	0.99	0.83	0.62	0.98	0.93	0.98	0.97	0.96	0.95	0.99	0.74	0.86	0.94	0.79	0.76		0.99	0.83	0.83	0.97
Other Current Assets	0.98	0.99	0.99	0.96	0.78	0.94	0.98	0.86	0.69	0.99	0.96	0.99	0.98	0.97	0.96	1.0	0.69	0.81	0.95	0.83	0.7	0.99		0.77	0.87	0.98
Other Stockholder Equity	0.7	0.81	0.82	0.88	0.9	0.88	0.85	0.48	0.11	0.76	0.63	0.71	0.73	0.7	0.66	0.76	0.94	0.99	0.67	0.36	0.94	0.83	0.77		0.43	0.74
Total Liab	0.93	0.86	0.84	0.74	0.5	0.71	0.78	0.98	0.85	0.84	0.92	0.91	0.86	0.83	0.95	0.88	0.35	0.48	0.95	1.0	0.37	0.83	0.87	0.43		0.9
Net Invested Capital	1.0	0.98	0.98	0.95	0.8	0.93	0.95	0.91	0.67	0.97	0.98	0.98	0.96	0.93	0.99	0.98	0.7	0.78	0.99	0.87	0.69	0.97	0.98	0.74	0.9

Click cells to compare fundamentals

Shockwave Medical Account Relationship Matchups

High Positive Relationship

Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Inventory	+ 1.0	Other Current Liab
Short Term Investments	+ 1.0	Cash And Short Term Investments
Other Current Assets	+ 1.0	Net Receivables

High Negative Relationship

Not Found

Shockwave Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	231.9M	272.0M	345.7M	646.1M	1.6B	1.6B
Other Current Liab	13.8M	19.9M	40.9M	55.4M	91.7M	96.3M
Total Current Liabilities	24.0M	25.6M	51.6M	63.4M	104.2M	109.4M
Total Stockholder Equity	192.7M	225.7M	241.8M	511.3M	668.7M	702.1M
Net Tangible Assets	192.7M	225.7M	241.8M	511.3M	588.0M	617.4M
Property Plant And Equipment Net	13.7M	23.9M	51.9M	80.5M	98.6M	103.6M
Net Debt	(116.3M)	(25.4M)	(42.0M)	(96.2M)	442.2M	464.3M
Retained Earnings	(178.0M)	(243.7M)	(252.8M)	(36.8M)	110.5M	116.0M
Accounts Payable	2.8M	1.5M	3.5M	6.7M	8.9M	9.3M
Cash	139.0M	50.4M	89.2M	156.6M	328.4M	344.8M
Non Current Assets Total	15.2M	25.7M	59.8M	186.8M	341.3M	358.4M
Non Currrent Assets Other	56K	362K	1.9M	5.2M	8.0M	8.4M
Other Assets	1.5M	9.4M	1.9M	102.8M	118.2M	124.1M
Cash And Short Term Investments	195.3M	202.4M	201.0M	304.5M	990.6M	1.0B
Net Receivables	7.4M	11.7M	37.4M	71.4M	114.6M	120.3M
Common Stock Shares Outstanding	23.9M	33.1M	35.1M	37.9M	38.2M	33.7M
Short Term Investments	56.3M	151.9M	111.8M	147.9M	662.1M	695.2M
Liabilities And Stockholders Equity	231.9M	272.0M	345.7M	646.1M	1.6B	1.6B
Non Current Liabilities Total	15.3M	20.8M	52.2M	71.4M	793.7M	833.4M
Capital Surpluse	4.3M	370.6M	469.3M	494.8M	569.0M	295.1M
Inventory	12.1M	29.9M	43.0M	75.1M	107.6M	113.0M
Other Current Assets	1.9M	2.4M	4.5M	8.3M	12.6M	13.2M
Other Stockholder Equity	138.6M	469.3M	494.8M	549.0M	557.9M	372.3M
Total Liab	39.3M	46.4M	103.9M	134.8M	897.9M	942.8M
Net Invested Capital	206.5M	242.3M	259.0M	535.5M	1.4B	1.5B
Property Plant And Equipment Gross	13.7M	16.4M	51.9M	80.5M	115.7M	121.5M
Total Current Assets	216.7M	246.3M	285.9M	459.3M	1.2B	1.3B
Accumulated Other Comprehensive Income	35K	9K	(202K)	(867K)	293K	307.7K
Net Working Capital	192.7M	220.7M	234.3M	395.9M	1.1B	1.2B
Common Stock	21K	31K	35K	36K	37K	31.0K
Property Plant Equipment	13.7M	16.4M	51.9M	80.5M	92.6M	97.2M
Short Long Term Debt Total	22.7M	25.0M	47.2M	60.4M	770.6M	809.1M
Long Term Debt	7.2M	13.3M	11.6M	24.2M	731.9M	768.5M
Short Term Debt	7.4M	4.2M	7.2M	1.3M	3.6M	3.4M

Shockwave Medical Investors Sentiment

The influence of Shockwave Medical's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shockwave. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Shockwave Medical's public news can be used to forecast risks associated with an investment in Shockwave. The trend in average sentiment can be used to explain how an investor holding Shockwave can time the market purely based on public headlines and social activities around Shockwave Medical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Shockwave Medical's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Shockwave Medical's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Shockwave Medical's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Shockwave Medical.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shockwave Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shockwave Medical's short interest history, or implied volatility extrapolated from Shockwave Medical options trading.

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When determining whether Shockwave Medical is a strong investment it is important to analyze Shockwave Medical's 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 Shockwave Medical's future performance. For an informed investment choice regarding Shockwave Stock, refer to the following important reports:

How To Invest In Shockwave

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Is Shockwave Stock a good investment?

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What is Shockwave Medical's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shockwave Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Shockwave Stock please use our How to Invest in Shockwave Medical guide.

Note that the Shockwave Medical information on this page should be used as a complementary analysis to other Shockwave Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Shockwave Medical's price analysis, check to measure Shockwave Medical'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 Shockwave Medical is operating at the current time. Most of Shockwave Medical's value examination focuses on studying past and present price action to predict the probability of Shockwave Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shockwave Medical's price. Additionally, you may evaluate how the addition of Shockwave Medical to your portfolios can decrease your overall portfolio volatility.

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Is Shockwave Medical'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 Shockwave Medical. If investors know Shockwave 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 Shockwave Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.69)

Earnings Share

3.87

Revenue Per Share

19.894

Quarterly Revenue Growth

0.409

Return On Assets

0.0938

The market value of Shockwave Medical is measured differently than its book value, which is the value of Shockwave that is recorded on the company's balance sheet. Investors also form their own opinion of Shockwave Medical's value that differs from its market value or its book value, called intrinsic value, which is Shockwave Medical'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 Shockwave Medical's market value can be influenced by many factors that don't directly affect Shockwave Medical'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 Shockwave Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shockwave Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shockwave Medical'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.

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Shockwave Intangible Assets vs Net Invested Capital Analysis

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Invested Capital

Shockwave Medical fundamental ratios Correlations

Shockwave Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shockwave Medical fundamental ratios Accounts

Shockwave Medical Investors Sentiment

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