Tandem Total Operating Expenses vs Non Recurring 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 Total Operating Expenses and its Non Recurring 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.

Total Operating Expenses vs Non Recurring

Total Operating Expenses vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tandem Diabetes Care Total Operating Expenses account and Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tandem Diabetes' Total Operating Expenses and Non Recurring is -0.69. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Non Recurring 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' Total Operating Expenses and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Tandem Diabetes Care are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Total Operating Expenses i.e., Tandem Diabetes' Total Operating Expenses and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Non Recurring

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 29th 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 Expense4.3M7.6M5.8M
Depreciation And Amortization13.8M15.7M9.4M

Tandem Diabetes fundamental ratios Correlations

0.970.940.960.880.980.940.9-0.860.820.650.940.770.690.910.990.230.890.970.940.920.860.860.960.891.0
0.970.850.930.760.960.960.97-0.820.840.570.970.860.670.830.940.150.780.920.980.940.890.770.990.940.95
0.940.850.950.850.950.870.81-0.890.750.510.850.680.660.850.960.260.970.930.820.870.820.880.880.820.94
0.960.930.950.770.980.960.91-0.930.880.50.960.860.610.790.960.120.920.90.90.970.930.840.950.950.94
0.880.760.850.770.810.720.63-0.760.650.760.70.420.640.970.880.360.860.90.680.670.580.930.720.620.9
0.980.960.950.980.810.940.94-0.920.850.520.950.830.70.840.980.20.90.950.930.960.910.860.970.920.97
0.940.960.870.960.720.940.92-0.840.890.591.00.880.590.760.920.070.810.860.940.970.890.770.970.980.91
0.90.970.810.910.630.940.92-0.790.810.350.930.90.650.720.890.10.730.870.970.930.920.680.970.920.88
-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
0.820.840.750.880.650.850.890.81-0.90.480.890.810.450.650.84-0.070.770.730.790.870.810.790.830.880.8
0.650.570.510.50.760.520.590.35-0.440.480.560.270.410.720.590.240.510.570.510.460.320.610.520.480.66
0.940.970.850.960.70.951.00.93-0.850.890.560.910.590.740.910.050.790.850.950.980.910.750.970.990.91
0.770.860.680.860.420.830.880.9-0.750.810.270.910.440.480.74-0.150.60.660.860.940.930.540.870.950.72
0.690.670.660.610.640.70.590.65-0.640.450.410.590.440.670.70.780.630.720.650.60.550.650.650.510.71
0.910.830.850.790.970.840.760.72-0.710.650.720.740.480.670.910.350.830.940.790.690.620.890.810.660.93
0.990.940.960.960.880.980.920.89-0.890.840.590.910.740.70.910.230.930.980.910.90.850.890.940.870.99
0.230.150.260.120.360.20.070.1-0.19-0.070.240.05-0.150.780.350.230.290.30.130.080.060.30.13-0.030.27
0.890.780.970.920.860.90.810.73-0.90.770.510.790.60.630.830.930.290.890.740.810.770.90.810.760.9
0.970.920.930.90.90.950.860.87-0.810.730.570.850.660.720.940.980.30.890.90.830.80.850.920.80.99
0.940.980.820.90.680.930.940.97-0.740.790.510.950.860.650.790.910.130.740.90.920.870.690.990.920.92
0.920.940.870.970.670.960.970.93-0.890.870.460.980.940.60.690.90.080.810.830.920.970.750.950.980.89
0.860.890.820.930.580.910.890.92-0.860.810.320.910.930.550.620.850.060.770.80.870.970.680.910.940.83
0.860.770.880.840.930.860.770.68-0.910.790.610.750.540.650.890.890.30.90.850.690.750.680.740.690.87
0.960.990.880.950.720.970.970.97-0.810.830.520.970.870.650.810.940.130.810.920.990.950.910.740.950.94
0.890.940.820.950.620.920.980.92-0.830.880.480.990.950.510.660.87-0.030.760.80.920.980.940.690.950.86
1.00.950.940.940.90.970.910.88-0.850.80.660.910.720.710.930.990.270.90.990.920.890.830.870.940.86
Click cells to compare fundamentals

Tandem Diabetes Account Relationship Matchups

Tandem Diabetes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets326.1M716.4M905.1M1.1B952.7M1.0B
Other Current Liab71.5M70.5M84.4M77.6M84.6M88.8M
Total Current Liabilities99.4M103.9M131.9M165.3M195.3M205.0M
Total Stockholder Equity195.0M366.3M433.1M439.9M313.6M160.8M
Other Liab17.7M27.4M34.8M36.1M41.5M43.6M
Property Plant And Equipment Net48.5M69.8M77.9M179.2M164.3M172.5M
Net Debt(30.8M)133.7M243.5M247.4M356.8M374.6M
Retained Earnings(624.8M)(659.2M)(634.6M)(729.2M)(951.8M)(904.2M)
Accounts Payable17.7M17.8M28.0M55.7M49.6M52.1M
Cash51.2M94.6M71.2M172.5M58.9M65.4M
Non Current Assets Total50.0M79.2M93.6M202.8M204.7M214.9M
Non Currrent Assets Other708K580K9.1M19.0M37.6M39.4M
Other Assets708K29.2M9.1M10.7M12.3M12.9M
Cash And Short Term Investments176.5M484.9M623.8M616.9M467.9M242.0M
Net Receivables46.6M82.2M110.7M114.7M105.6M110.8M
Common Stock Total Equity59K14.3M64K65K74.8K71.0K
Common Stock Shares Outstanding58.5M61.0M64.3M64.1M65.0M68.2M
Short Term Investments125.3M390.3M552.6M444.4M409.0M429.5M
Liabilities And Stockholders Equity326.1M716.4M905.1M1.1B952.7M1.0B
Non Current Liabilities Total31.7M246.3M340.2M447.5M443.8M466.0M
Inventory49.1M63.7M68.6M111.1M157.9M165.8M
Other Current Assets4.0M6.4M8.4M7.2M16.6M17.4M
Other Stockholder Equity819.6M1.0B1.1B1.2B1.3B669.8M
Total Liab131.1M350.1M472.0M612.8M639.0M671.0M
Property Plant And Equipment Gross48.5M50.0M77.9M179.2M217.1M228.0M
Total Current Assets276.1M637.2M811.5M850.0M748.0M785.4M
Accumulated Other Comprehensive Income122K220K(616K)(1.8M)1.4M1.4M
Common Stock59K62K64K65K66K41.6K
Property Plant Equipment32.9M50.0M50.4M68.6M78.8M82.8M
Current Deferred Revenue3.9M6.1M10.2M18.8M44.0M46.2M
Intangible Assets777K8.8M6.6M4.6M2.8M3.5M
Net Tangible Assets195.0M366.3M433.1M439.9M505.9M531.2M
Retained Earnings Total Equity(624.8M)(659.2M)(634.6M)(729.2M)(656.3M)(689.1M)
Capital Surpluse819.6M1.0B1.1B1.2B1.3B776.1M

Currently Active Assets on Macroaxis

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:
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Tandem Stock analysis

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.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
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.