Tactile Financial Statements From 2010 to 2024

TCMD Stock  USD 18.92  1.07  5.99%   
Tactile Systems financial statements provide useful quarterly and yearly information to potential Tactile Systems Technology investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tactile Systems financial statements helps investors assess Tactile Systems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tactile Systems' valuation are summarized below:
Gross Profit
176 M
Profit Margin
0.0542
Market Capitalization
454 M
Enterprise Value Revenue
1.419
Revenue
285.1 M
There are over one hundred nineteen available fundamental trend indicators for Tactile Systems Technology, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Tactile Systems' current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 367.6 M. The current year's Enterprise Value is expected to grow to about 365.4 M

Tactile Systems Total Revenue

159.12 Million

Check Tactile Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tactile Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.9 M, Interest Expense of 13.1 M or Selling General Administrative of 38.3 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0449 or PTB Ratio of 1.61. Tactile financial statements analysis is a perfect complement when working with Tactile Systems Valuation or Volatility modules.
  
Check out the analysis of Tactile Systems Correlation against competitors.

Tactile Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets147.4 M281.4 M113.9 M
Slightly volatile
Short and Long Term Debt Total52.9 M50.4 M19.9 M
Slightly volatile
Other Current Liabilities15.4 M27 M11.3 M
Slightly volatile
Total Current Liabilities25.4 M41.1 M19.7 M
Slightly volatile
Total Stockholder Equity97.6 M193.6 M76 M
Slightly volatile
Property Plant And Equipment Net14.8 M25.3 M11.1 M
Slightly volatile
Accounts Payable5.2 M6.7 M4.2 M
Slightly volatile
Cash64.1 M61 M24 M
Slightly volatile
Non Current Assets Total143 M136.1 M48.1 M
Slightly volatile
Non Currrent Assets Other14 M13.4 MM
Slightly volatile
Cash And Short Term Investments40.2 M61 M30.8 M
Slightly volatile
Net Receivables37.5 M57.4 M29.4 M
Slightly volatile
Common Stock Total Equity16.3 K23 K13.7 K
Slightly volatile
Common Stock Shares Outstanding19.1 M23.2 M16.7 M
Slightly volatile
Liabilities And Stockholders Equity147.4 M281.4 M113.9 M
Slightly volatile
Non Current Liabilities Total24.4 M46.7 M18.1 M
Slightly volatile
Inventory14.3 M22.5 M11.1 M
Slightly volatile
Other Current Assets3.4 M4.4 M3.2 M
Pretty Stable
Other Stockholder Equity183.5 M174.7 M68.9 M
Slightly volatile
Total Liabilities49.7 M87.8 M37.9 M
Slightly volatile
Property Plant And Equipment Gross35.6 M33.9 M11.7 M
Slightly volatile
Total Current Assets91.4 M145.3 M71.6 M
Slightly volatile
Short Term Debt6.1 M5.8 M1.8 M
Slightly volatile
Intangible Assets49.1 M46.7 M15.6 M
Slightly volatile
Common Stock17.2 K24 K13.8 K
Slightly volatile
Other Liabilities2.3 M2.9 M1.8 M
Slightly volatile
Other Assets31.5 M30 M12.5 M
Slightly volatile
Short Term Investments17.9 M13.9 M15 M
Slightly volatile
Long Term Investments766.6 K585 K896.7 K
Slightly volatile
Short and Long Term Debt3.3 MM3.5 M
Slightly volatile
Property Plant Equipment6.8 MMM
Slightly volatile
Capital Surpluse103.7 M150.7 M85.9 M
Slightly volatile
Non Current Liabilities Other15.2 M26.9 M9.5 M
Slightly volatile
Deferred Long Term Asset Charges5.2 M10.1 M5.4 M
Slightly volatile
Net Invested Capital153.8 M222.8 M109.5 M
Slightly volatile
Net Working Capital87 M104.2 M71.8 M
Slightly volatile
Capital Stock22.2 K24 K19.7 K
Slightly volatile
Capital Lease Obligations23.9 M21.2 M18.8 M
Slightly volatile
Long Term Debt Total39.1 M41.3 M49.9 M
Slightly volatile

Tactile Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization6.9 M6.5 M2.7 M
Slightly volatile
Selling General Administrative38.3 M62.1 M29.7 M
Slightly volatile
Selling And Marketing Expenses65.4 M107.1 M50.8 M
Slightly volatile
Total Revenue159.1 M274.4 M124.1 M
Slightly volatile
Gross Profit113.9 M195.1 M89 M
Slightly volatile
Other Operating Expenses156.2 M258.7 M121.5 M
Slightly volatile
Research Development5.5 M7.8 M4.6 M
Slightly volatile
Cost Of Revenue45.2 M79.3 M35.1 M
Slightly volatile
Total Operating Expenses110.8 M177.1 M86.2 M
Slightly volatile
Preferred Stock And Other Adjustments997.6 K1.1 M1.2 M
Slightly volatile
Reconciled Depreciation4.4 M6.5 MM
Slightly volatile

Tactile Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation6.3 M7.5 M4.6 M
Slightly volatile
Begin Period Cash Flow22.4 M21.9 M18.3 M
Slightly volatile
Depreciation6.9 M6.5 M2.7 M
Slightly volatile
Capital ExpendituresM2.3 M2.3 M
Slightly volatile
End Period Cash Flow64.1 M61 M24 M
Slightly volatile
Change To Netincome25.9 M24.7 M9.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.131.19463.3518
Slightly volatile
Dividend Yield0.04490.05050.055
Slightly volatile
PTB Ratio1.611.6935.5825
Slightly volatile
Days Sales Outstanding68.776.303186.3469
Pretty Stable
Book Value Per Share8.878.44664.5541
Slightly volatile
Stock Based Compensation To Revenue0.02560.02750.0259
Slightly volatile
Capex To Depreciation0.340.35540.9081
Very volatile
PB Ratio1.611.6935.5825
Slightly volatile
EV To Sales1.11.15583.2582
Slightly volatile
Inventory Turnover3.523.51983.2555
Pretty Stable
Days Of Inventory On Hand92.14104112
Very volatile
Payables Turnover6.7511.90727.6387
Slightly volatile
Sales General And Administrative To Revenue0.190.22620.23
Pretty Stable
Research And Ddevelopement To Revenue0.0470.02850.0476
Slightly volatile
Capex To Revenue0.01530.00850.017
Pretty Stable
Cash Per Share1.753.26831.8201
Slightly volatile
Payout Ratio2.282.572.7939
Slightly volatile
Days Payables Outstanding56.1930.653755.843
Slightly volatile
Intangibles To Total Assets0.290.27640.1301
Slightly volatile
Current Ratio4.483.53884.0925
Pretty Stable
Tangible Book Value Per Share2.985.05353.2214
Slightly volatile
Receivables Turnover4.864.78364.3436
Pretty Stable
Graham Number16.1415.37486.5372
Slightly volatile
Shareholders Equity Per Share8.878.44664.5541
Slightly volatile
Debt To Equity0.0960.15040.0947
Slightly volatile
Capex Per Share0.120.10140.124
Slightly volatile
Revenue Per Share6.4611.97026.907
Slightly volatile
Interest Debt Per Share0.661.27070.6436
Slightly volatile
Debt To Assets0.05590.10350.0551
Slightly volatile
Operating Cycle161180199
Pretty Stable
Price Book Value Ratio1.611.6935.5825
Slightly volatile
Days Of Payables Outstanding56.1930.653755.843
Slightly volatile
Dividend Payout Ratio2.282.572.7939
Slightly volatile
Ebt Per Ebit0.980.87411.1602
Slightly volatile
Company Equity Multiplier1.151.45341.3936
Slightly volatile
Long Term Debt To Capitalization0.10.11910.1007
Slightly volatile
Total Debt To Capitalization0.0740.13080.073
Slightly volatile
Debt Equity Ratio0.0960.15040.0947
Slightly volatile
Quick Ratio3.822.99023.5005
Pretty Stable
Net Income Per E B T1.141.80821.3835
Pretty Stable
Cash Ratio1.341.48651.2142
Very volatile
Cash Conversion Cycle120149144
Slightly volatile
Days Of Inventory Outstanding92.14104112
Very volatile
Days Of Sales Outstanding68.776.303186.3469
Pretty Stable
Price To Book Ratio1.611.6935.5825
Slightly volatile
Fixed Asset Turnover10.310.836923.7421
Slightly volatile
Debt Ratio0.05590.10350.0551
Slightly volatile
Price Sales Ratio1.131.19463.3518
Slightly volatile
Asset Turnover1.330.97511.2316
Slightly volatile
Gross Profit Margin0.790.71110.7288
Very volatile
Price Fair Value1.611.6935.5825
Slightly volatile

Tactile Systems Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap367.6 M327.8 M391 M
Slightly volatile
Enterprise Value365.4 M317.2 M387.6 M
Slightly volatile

Tactile Fundamental Market Drivers

Forward Price Earnings20.5761
Cash And Short Term Investments61 M

Tactile Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Tactile Systems Financial Statements

Tactile Systems stakeholders use historical fundamental indicators, such as Tactile Systems' revenue or net income, to determine how well the company is positioned to perform in the future. Although Tactile Systems investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tactile Systems' assets and liabilities are reflected in the revenues and expenses on Tactile Systems' 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 Tactile Systems Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue27.8 M29.2 M
Total Revenue274.4 M159.1 M
Cost Of Revenue79.3 M45.2 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.23  0.19 
Research And Ddevelopement To Revenue 0.03  0.05 
Capex To Revenue 0.01  0.02 
Revenue Per Share 11.97  6.46 
Ebit Per Revenue 0.07  0.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' 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 Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:
Check out the analysis of Tactile Systems Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 Tactile Systems. If investors know Tactile 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 Tactile Systems 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
(0.78)
Earnings Share
0.65
Revenue Per Share
11.991
Quarterly Revenue Growth
0.05
Return On Assets
0.0462
The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' 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 Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' 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 Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' 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.