Tactile Capital Lease Obligations from 2010 to 2024

TCMD Stock  USD 19.54  0.61  3.22%   
Tactile Systems' Capital Lease Obligations is increasing over the years with slightly volatile fluctuation. Overall, Capital Lease Obligations is expected to go to about 23.9 M this year. Capital Lease Obligations is the total obligations of Tactile Systems Technology under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-03-31
Previous Quarter
19.9 M
Current Value
19.6 M
Quarterly Volatility
5.9 M
 
Covid
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.

Latest Tactile Systems' Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Tactile Systems Technology over the last few years. Tactile Systems Tech capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Tactile Systems asset purchases. For example, Tactile Systems can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Tactile Systems control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Tactile Systems' Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tactile Systems' overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Tactile Capital Lease Obligations Regression Statistics

Arithmetic Mean18,773,481
Geometric Mean18,519,154
Coefficient Of Variation17.89
Mean Deviation2,913,975
Median16,588,000
Standard Deviation3,358,397
Sample Variance11.3T
Range9.3M
R-Value0.78
Mean Square Error4.7T
R-Squared0.61
Significance0.0006
Slope586,516
Total Sum of Squares157.9T

Tactile Capital Lease Obligations History

202423.9 M
202321.2 M
202223.4 M
202125.9 M
202021.4 M

About Tactile Systems Financial Statements

Tactile Systems stakeholders use historical fundamental indicators, such as Tactile Systems' Capital Lease Obligations, 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
Capital Lease Obligations21.2 M23.9 M

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.