ResMed Financial Ratios Analysis
RMD Stock | USD 196.33 2.15 1.11% |
ResMed |
Most ratios from ResMed's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into ResMed Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out ResMed Valuation and ResMed Correlation analysis. At present, ResMed's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Of Payables Outstanding is expected to grow to 61.48, whereas Price Earnings Ratio is forecasted to decline to 28.14.
2021 | 2022 | 2024 (projected) | Price Earnings Ratio | 39.28 | 35.73 | 28.14 | Short Term Coverage Ratios | 11.05 | 21.79 | 18.63 |
ResMed fundamentals Correlations
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ResMed Account Relationship Matchups
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ResMed fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price Earnings Ratio | 43.78 | 44.58 | 75.49 | 39.28 | 35.73 | 28.14 | |
Price To Sales Ratio | 9.37 | 11.21 | 8.56 | 7.59 | 6.83 | 4.25 | |
Dividend Yield | 0.008122 | 0.006329 | 0.008012 | 0.008054 | 0.009262 | 0.0183 | |
Operating Cycle | 181.39 | 193.0 | 233.5 | 256.0 | 294.4 | 244.27 | |
Payables Turnover | 9.13 | 9.84 | 9.76 | 12.39 | 11.15 | 5.77 | |
Effective Tax Rate | 0.39 | 0.22 | 0.15 | 0.46 | 0.21 | 0.32 | |
Cash Per Share | 3.21 | 2.03 | 1.94 | 1.64 | 1.47 | 1.73 | |
Interest Coverage | 20.05 | 37.67 | (44.83) | (23.89) | (27.47) | (26.1) | |
Quick Ratio | 1.22 | 1.56 | 1.0 | 1.25 | 1.43 | 2.64 | |
Net Income Per E B T | 0.61 | 0.78 | 0.85 | 0.54 | 0.73 | 0.57 | |
Cash Ratio | 0.26 | 0.77 | 0.32 | 0.4 | 0.3 | 0.27 | |
Price To Book Ratio | 11.1 | 12.41 | 9.11 | 7.76 | 6.99 | 4.78 | |
Current Ratio | 2.53 | 1.73 | 2.8 | 3.12 | 3.59 | 4.04 |
ResMed Investors Sentiment
The influence of ResMed'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 ResMed. 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 ResMed's public news can be used to forecast risks associated with an investment in ResMed. The trend in average sentiment can be used to explain how an investor holding ResMed can time the market purely based on public headlines and social activities around ResMed Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ResMed'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 ResMed'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 ResMed's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ResMed.
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 ResMed 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, ResMed's short interest history, or implied volatility extrapolated from ResMed options trading.
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When determining whether ResMed Inc is a strong investment it is important to analyze ResMed'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 ResMed's future performance. For an informed investment choice regarding ResMed Stock, refer to the following important reports:Check out ResMed Valuation and ResMed Correlation analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running ResMed's price analysis, check to measure ResMed'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 ResMed is operating at the current time. Most of ResMed's value examination focuses on studying past and present price action to predict the probability of ResMed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ResMed's price. Additionally, you may evaluate how the addition of ResMed to your portfolios can decrease your overall portfolio volatility.
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Is ResMed'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 ResMed. If investors know ResMed 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 ResMed 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 (0.07) | Dividend Share 1.84 | Earnings Share 6.04 | Revenue Per Share 30.633 | Quarterly Revenue Growth 0.125 |
The market value of ResMed Inc is measured differently than its book value, which is the value of ResMed that is recorded on the company's balance sheet. Investors also form their own opinion of ResMed's value that differs from its market value or its book value, called intrinsic value, which is ResMed'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 ResMed's market value can be influenced by many factors that don't directly affect ResMed'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 ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed'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.