Profound Other Operating Expenses from 2010 to 2024
PROF Stock | USD 8.12 0.03 0.37% |
Other Operating Expenses | First Reported 2014-03-31 | Previous Quarter -5.6 M | Current Value 11.8 M | Quarterly Volatility 3.7 M |
Check Profound Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Profound Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 731 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 25.53, Dividend Yield of 0.0 or PTB Ratio of 3.51. Profound financial statements analysis is a perfect complement when working with Profound Medical Valuation or Volatility modules.
Profound | Other Operating Expenses |
Latest Profound Medical's Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of Profound Medical Corp over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Profound Medical Corp. It is also known as Profound Medical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Profound Medical's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Profound Medical's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses | 10 Years Trend |
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Other Operating Expenses |
Timeline |
Profound Other Operating Expenses Regression Statistics
Arithmetic Mean | 16,957,244 | |
Geometric Mean | 12,391,880 | |
Coefficient Of Variation | 73.50 | |
Mean Deviation | 10,333,496 | |
Median | 16,737,571 | |
Standard Deviation | 12,463,493 | |
Sample Variance | 155.3T | |
Range | 32.8M | |
R-Value | 0.91 | |
Mean Square Error | 29.9T | |
R-Squared | 0.82 | |
Slope | 2,525,198 | |
Total Sum of Squares | 2174.7T |
Profound Other Operating Expenses History
About Profound Medical Financial Statements
Profound Medical stakeholders use historical fundamental indicators, such as Profound Medical's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Profound Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Profound Medical's assets and liabilities are reflected in the revenues and expenses on Profound Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Profound Medical Corp. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Other Operating Expenses | 35.8 M | 23.5 M |
Currently Active Assets on Macroaxis
When determining whether Profound Medical Corp is a strong investment it is important to analyze Profound 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 Profound Medical's future performance. For an informed investment choice regarding Profound Stock, refer to the following important reports:Check out the analysis of Profound Medical Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Health Care Equipment & Supplies space 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 Profound Medical. If investors know Profound 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 Profound Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.34) | Revenue Per Share 0.38 | Quarterly Revenue Growth 0.639 | Return On Assets (0.45) | Return On Equity (0.90) |
The market value of Profound Medical Corp is measured differently than its book value, which is the value of Profound that is recorded on the company's balance sheet. Investors also form their own opinion of Profound Medical's value that differs from its market value or its book value, called intrinsic value, which is Profound 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 Profound Medical's market value can be influenced by many factors that don't directly affect Profound 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 Profound Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profound Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profound 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.