Tandem Net Income vs Gross Profit Analysis

TNDM Stock

USD 35.24 0.32 0.90%

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

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tandem Diabetes Care Net Income account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tandem Diabetes' Net Income and Gross Profit is -0.39. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Tandem Diabetes Care, assuming nothing else is changed. The correlation between historical values of Tandem Diabetes' Net Income and Gross Profit 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 Income of Tandem Diabetes Care are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Tandem Diabetes' Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tandem Diabetes Care financial statement analysis. It represents the amount of money remaining after all of Tandem Diabetes Care operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tandem Diabetes Care minus its cost of goods sold. It is profit before Tandem Diabetes operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

At this time, Tandem Diabetes' Selling General Administrative is very stable compared to the past year. As of the 30th of April 2024, Tax Provision is likely to grow to about 2.5 M, while Enterprise Value Over EBITDA is likely to drop (20.24).

	2021	2023	2024 (projected)
Interest Expense	4.3M	7.6M	5.8M
Depreciation And Amortization	13.8M	15.7M	9.4M

Interest Expense Depreciation And Amortization

Tandem Diabetes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.97	0.94	0.96	0.88	0.98	0.94	0.9	-0.86	0.82	0.65	0.94	0.77	0.69	0.91	0.99	0.23	0.89	0.97	0.94	0.92	0.86	0.86	0.96	0.89	1.0
Short Long Term Debt Total	0.97		0.85	0.93	0.76	0.96	0.96	0.97	-0.82	0.84	0.57	0.97	0.86	0.67	0.83	0.94	0.15	0.78	0.92	0.98	0.94	0.89	0.77	0.99	0.94	0.95
Other Current Liab	0.94	0.85		0.95	0.85	0.95	0.87	0.81	-0.89	0.75	0.51	0.85	0.68	0.66	0.85	0.96	0.26	0.97	0.93	0.82	0.87	0.82	0.88	0.88	0.82	0.94
Total Current Liabilities	0.96	0.93	0.95		0.77	0.98	0.96	0.91	-0.93	0.88	0.5	0.96	0.86	0.61	0.79	0.96	0.12	0.92	0.9	0.9	0.97	0.93	0.84	0.95	0.95	0.94
Total Stockholder Equity	0.88	0.76	0.85	0.77		0.81	0.72	0.63	-0.76	0.65	0.76	0.7	0.42	0.64	0.97	0.88	0.36	0.86	0.9	0.68	0.67	0.58	0.93	0.72	0.62	0.9
Other Liab	0.98	0.96	0.95	0.98	0.81		0.94	0.94	-0.92	0.85	0.52	0.95	0.83	0.7	0.84	0.98	0.2	0.9	0.95	0.93	0.96	0.91	0.86	0.97	0.92	0.97
Property Plant And Equipment Net	0.94	0.96	0.87	0.96	0.72	0.94		0.92	-0.84	0.89	0.59	1.0	0.88	0.59	0.76	0.92	0.07	0.81	0.86	0.94	0.97	0.89	0.77	0.97	0.98	0.91
Net Debt	0.9	0.97	0.81	0.91	0.63	0.94	0.92		-0.79	0.81	0.35	0.93	0.9	0.65	0.72	0.89	0.1	0.73	0.87	0.97	0.93	0.92	0.68	0.97	0.92	0.88
Retained Earnings	-0.86	-0.82	-0.89	-0.93	-0.76	-0.92	-0.84	-0.79		-0.9	-0.44	-0.85	-0.75	-0.64	-0.71	-0.89	-0.19	-0.9	-0.81	-0.74	-0.89	-0.86	-0.91	-0.81	-0.83	-0.85
Accounts Payable	0.82	0.84	0.75	0.88	0.65	0.85	0.89	0.81	-0.9		0.48	0.89	0.81	0.45	0.65	0.84	-0.07	0.77	0.73	0.79	0.87	0.81	0.79	0.83	0.88	0.8
Cash	0.65	0.57	0.51	0.5	0.76	0.52	0.59	0.35	-0.44	0.48		0.56	0.27	0.41	0.72	0.59	0.24	0.51	0.57	0.51	0.46	0.32	0.61	0.52	0.48	0.66
Non Current Assets Total	0.94	0.97	0.85	0.96	0.7	0.95	1.0	0.93	-0.85	0.89	0.56		0.91	0.59	0.74	0.91	0.05	0.79	0.85	0.95	0.98	0.91	0.75	0.97	0.99	0.91
Non Currrent Assets Other	0.77	0.86	0.68	0.86	0.42	0.83	0.88	0.9	-0.75	0.81	0.27	0.91		0.44	0.48	0.74	-0.15	0.6	0.66	0.86	0.94	0.93	0.54	0.87	0.95	0.72
Other Assets	0.69	0.67	0.66	0.61	0.64	0.7	0.59	0.65	-0.64	0.45	0.41	0.59	0.44		0.67	0.7	0.78	0.63	0.72	0.65	0.6	0.55	0.65	0.65	0.51	0.71
Cash And Short Term Investments	0.91	0.83	0.85	0.79	0.97	0.84	0.76	0.72	-0.71	0.65	0.72	0.74	0.48	0.67		0.91	0.35	0.83	0.94	0.79	0.69	0.62	0.89	0.81	0.66	0.93
Net Receivables	0.99	0.94	0.96	0.96	0.88	0.98	0.92	0.89	-0.89	0.84	0.59	0.91	0.74	0.7	0.91		0.23	0.93	0.98	0.91	0.9	0.85	0.89	0.94	0.87	0.99
Common Stock Total Equity	0.23	0.15	0.26	0.12	0.36	0.2	0.07	0.1	-0.19	-0.07	0.24	0.05	-0.15	0.78	0.35	0.23		0.29	0.3	0.13	0.08	0.06	0.3	0.13	-0.03	0.27
Common Stock Shares Outstanding	0.89	0.78	0.97	0.92	0.86	0.9	0.81	0.73	-0.9	0.77	0.51	0.79	0.6	0.63	0.83	0.93	0.29		0.89	0.74	0.81	0.77	0.9	0.81	0.76	0.9
Short Term Investments	0.97	0.92	0.93	0.9	0.9	0.95	0.86	0.87	-0.81	0.73	0.57	0.85	0.66	0.72	0.94	0.98	0.3	0.89		0.9	0.83	0.8	0.85	0.92	0.8	0.99
Non Current Liabilities Total	0.94	0.98	0.82	0.9	0.68	0.93	0.94	0.97	-0.74	0.79	0.51	0.95	0.86	0.65	0.79	0.91	0.13	0.74	0.9		0.92	0.87	0.69	0.99	0.92	0.92
Inventory	0.92	0.94	0.87	0.97	0.67	0.96	0.97	0.93	-0.89	0.87	0.46	0.98	0.94	0.6	0.69	0.9	0.08	0.81	0.83	0.92		0.97	0.75	0.95	0.98	0.89
Other Current Assets	0.86	0.89	0.82	0.93	0.58	0.91	0.89	0.92	-0.86	0.81	0.32	0.91	0.93	0.55	0.62	0.85	0.06	0.77	0.8	0.87	0.97		0.68	0.91	0.94	0.83
Other Stockholder Equity	0.86	0.77	0.88	0.84	0.93	0.86	0.77	0.68	-0.91	0.79	0.61	0.75	0.54	0.65	0.89	0.89	0.3	0.9	0.85	0.69	0.75	0.68		0.74	0.69	0.87
Total Liab	0.96	0.99	0.88	0.95	0.72	0.97	0.97	0.97	-0.81	0.83	0.52	0.97	0.87	0.65	0.81	0.94	0.13	0.81	0.92	0.99	0.95	0.91	0.74		0.95	0.94
Property Plant And Equipment Gross	0.89	0.94	0.82	0.95	0.62	0.92	0.98	0.92	-0.83	0.88	0.48	0.99	0.95	0.51	0.66	0.87	-0.03	0.76	0.8	0.92	0.98	0.94	0.69	0.95		0.86
Total Current Assets	1.0	0.95	0.94	0.94	0.9	0.97	0.91	0.88	-0.85	0.8	0.66	0.91	0.72	0.71	0.93	0.99	0.27	0.9	0.99	0.92	0.89	0.83	0.87	0.94	0.86

Click cells to compare fundamentals

Tandem Diabetes Account Relationship Matchups

Tandem Diabetes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	326.1M	716.4M	905.1M	1.1B	952.7M	1.0B
Other Current Liab	71.5M	70.5M	84.4M	77.6M	84.6M	88.8M
Total Current Liabilities	99.4M	103.9M	131.9M	165.3M	195.3M	205.0M
Total Stockholder Equity	195.0M	366.3M	433.1M	439.9M	313.6M	160.8M
Other Liab	17.7M	27.4M	34.8M	36.1M	41.5M	43.6M
Property Plant And Equipment Net	48.5M	69.8M	77.9M	179.2M	164.3M	172.5M
Net Debt	(30.8M)	133.7M	243.5M	247.4M	356.8M	374.6M
Retained Earnings	(624.8M)	(659.2M)	(634.6M)	(729.2M)	(951.8M)	(904.2M)
Accounts Payable	17.7M	17.8M	28.0M	55.7M	49.6M	52.1M
Cash	51.2M	94.6M	71.2M	172.5M	58.9M	65.4M
Non Current Assets Total	50.0M	79.2M	93.6M	202.8M	204.7M	214.9M
Non Currrent Assets Other	708K	580K	9.1M	19.0M	37.6M	39.4M
Other Assets	708K	29.2M	9.1M	10.7M	12.3M	12.9M
Cash And Short Term Investments	176.5M	484.9M	623.8M	616.9M	467.9M	242.0M
Net Receivables	46.6M	82.2M	110.7M	114.7M	105.6M	110.8M
Common Stock Total Equity	59K	14.3M	64K	65K	74.8K	71.0K
Common Stock Shares Outstanding	58.5M	61.0M	64.3M	64.1M	65.0M	68.2M
Short Term Investments	125.3M	390.3M	552.6M	444.4M	409.0M	429.5M
Liabilities And Stockholders Equity	326.1M	716.4M	905.1M	1.1B	952.7M	1.0B
Non Current Liabilities Total	31.7M	246.3M	340.2M	447.5M	443.8M	466.0M
Inventory	49.1M	63.7M	68.6M	111.1M	157.9M	165.8M
Other Current Assets	4.0M	6.4M	8.4M	7.2M	16.6M	17.4M
Other Stockholder Equity	819.6M	1.0B	1.1B	1.2B	1.3B	669.8M
Total Liab	131.1M	350.1M	472.0M	612.8M	639.0M	671.0M
Property Plant And Equipment Gross	48.5M	50.0M	77.9M	179.2M	217.1M	228.0M
Total Current Assets	276.1M	637.2M	811.5M	850.0M	748.0M	785.4M
Accumulated Other Comprehensive Income	122K	220K	(616K)	(1.8M)	1.4M	1.4M
Common Stock	59K	62K	64K	65K	66K	41.6K
Property Plant Equipment	32.9M	50.0M	50.4M	68.6M	78.8M	82.8M
Current Deferred Revenue	3.9M	6.1M	10.2M	18.8M	44.0M	46.2M
Intangible Assets	777K	8.8M	6.6M	4.6M	2.8M	3.5M
Net Tangible Assets	195.0M	366.3M	433.1M	439.9M	505.9M	531.2M
Retained Earnings Total Equity	(624.8M)	(659.2M)	(634.6M)	(729.2M)	(656.3M)	(689.1M)
Capital Surpluse	819.6M	1.0B	1.1B	1.2B	1.3B	776.1M

Tandem Diabetes Investors Sentiment

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

Tandem Diabetes' 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 Tandem Diabetes' 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 Tandem Diabetes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tandem Diabetes.

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 Tandem Diabetes 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, Tandem Diabetes' short interest history, or implied volatility extrapolated from Tandem Diabetes options trading.

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

How To Invest In Tandem

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Is Tandem Stock a good investment?

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What is Tandem Diabetes' Net Worth?

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

Note that the Tandem Diabetes Care information on this page should be used as a complementary analysis to other Tandem Diabetes' 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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

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Is Tandem Diabetes' 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 Tandem Diabetes. If investors know Tandem 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 Tandem Diabetes 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

(0.37)

Earnings Share

(3.43)

Revenue Per Share

11.509

Quarterly Revenue Growth

(0.11)

Return On Assets

(0.1)

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

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Tandem Diabetes fundamental ratios Correlations

Tandem Diabetes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tandem Diabetes fundamental ratios Accounts

Tandem Diabetes Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Net Receivables

Retained Earnings	- 0.93	Total Current Liabilities
Retained Earnings	- 0.92	Other Liab
Other Stockholder Equity	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Accounts Payable	- 0.9	Retained Earnings
Inventory	- 0.89	Retained Earnings