Electromed Financials

ELMD Stock  USD 29.79  1.72  6.13%   
Based on the measurements of operating efficiency obtained from Electromed's historical financial statements, Electromed is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, Electromed's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 16.9 M, whereas Short and Long Term Debt Total is forecasted to decline to about 82.7 K. Key indicators impacting Electromed's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.05490.0578
Notably Down
Slightly volatile
Current Ratio4.135.7539
Way Down
Pretty Stable
Investors should never underestimate Electromed's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Electromed's cash flow, debt, and profitability to make informed and accurate decisions about investing in Electromed.

Net Income

5.41 Million

  
Understanding current and past Electromed Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Electromed's financial statements are interrelated, with each one affecting the others. For example, an increase in Electromed's assets may result in an increase in income on the income statement.
Please note, the presentation of Electromed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Electromed's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Electromed's management manipulating its earnings.

Electromed Stock Summary

Electromed competes with Neuropace, Orthopediatrics Corp, SurModics, Paragon 28, and LivaNova PLC. Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation therapy in pulmonary care for patients of various ages in the United States and internationally. The company was incorporated in 1992 and is headquartered in New Prague, Minnesota. Electromed operates under Medical Devices classification in the United States and is traded on AMEX Exchange. It employs 156 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS2854091087
CUSIP285409108
LocationMinnesota; U.S.A
Business Address500 Sixth Avenue
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitesmartvest.com
Phone952 758 9299
CurrencyUSD - US Dollar

Electromed Key Financial Ratios

Electromed Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets33.2M37.1M41.4M45.8M52.2M28.3M
Other Current Liab2.4M3.7M5.8M6.3M6.4M6.7M
Net Debt(10.4M)(11.8M)(8.1M)(7.2M)(16.1M)(15.3M)
Retained Earnings13.7M14.9M15.8M18.8M23.7M24.9M
Accounts Payable555.5K685K1.3M1.4M1.0M814.3K
Cash10.5M11.9M8.2M7.4M16.1M16.9M
Other Assets755K1.1M1.5M1.6M1.00.95
Net Receivables14.1M17.4M21.3M24.6M24.1M13.3M
Inventory3.1M2.1M3.2M4.2M3.7M2.6M
Other Current Assets353.3K276K1.9M1.6M329.0K312.6K
Total Liab3.0M4.7M7.2M8.1M7.7M5.6M
Total Current Assets28.0M31.7M34.5M37.8M44.2M22.7M
Short Term Debt30.3K72.3K33K80K72K68.4K
Intangible Assets598.4K663K599K605K657K624.2K
Common Stock84.1K85.7K85K86K87K87.1K
Net Tangible Assets29.7M31.8M33.6M37.1M42.6M24.2M
Capital Surpluse16.5M17.4M18.3M18.8M21.6M16.7M
Net Invested Capital30.2M32.4M34.2M37.7M44.5M34.1M

Electromed Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense120.7K27K25K78K89.7K85.2K
Total Revenue32.5M35.8M41.7M48.1M54.7M28.9M
Gross Profit25.2M27.3M31.4M36.5M41.7M21.8M
Operating Income5.1M3.1M3.0M4.0M6.6M6.9M
Ebit5.1M3.1M3.0M4.0M6.6M6.9M
Research Development1.0M1.7M1.4M916K656K781.7K
Ebitda5.9M3.8M3.6M4.6M7.4M7.8M
Cost Of Revenue7.3M8.5M10.2M11.5M13.0M7.1M
Income Before Tax5.2M3.2M3.0M4.1M7.0M7.4M
Net Income4.2M2.4M2.3M3.2M5.2M5.4M
Income Tax Expense1.1M805K692K920K1.9M2.0M
Tax Provision1.1M805K692K920K1.9M1.1M
Net Interest Income120.7K39K25K78K455K477.8K

Electromed Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(449.3K)971K(1.1M)(1.0M)459K482.0K
Change In Cash2.7M1.4M(3.7M)(781K)8.7M9.1M
Free Cash Flow3.2M2.6M(2.2M)(401K)8.7M9.1M
Depreciation738.2K610K628K613K841K684.7K
Other Non Cash Items2.6K3.3M4.8M5.8M3.6M3.7M
Capital Expenditures977.2K448K1.5M1.7M395K375.3K
Net Income4.2M2.4M2.3M3.2M5.2M5.4M
End Period Cash Flow10.5M11.9M8.2M7.4M16.1M16.9M
Change Receivables(180.6K)(4.1M)(4.0M)(3.1M)(2.8M)(2.6M)
Change To Netincome778.6K730K487K665K764.8K561.5K
Investments(977.2K)(448K)(1.5M)(1.7M)(395K)(414.8K)

Electromed Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Electromed's current stock value. Our valuation model uses many indicators to compare Electromed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Electromed competition to find correlations between indicators driving Electromed's intrinsic value. More Info.
Electromed is rated # 3 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about  0.67  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Electromed is roughly  1.49 . At present, Electromed's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Electromed by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Electromed Systematic Risk

Electromed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Electromed volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Electromed correlated with the market. If Beta is less than 0 Electromed generally moves in the opposite direction as compared to the market. If Electromed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Electromed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Electromed is generally in the same direction as the market. If Beta > 1 Electromed moves generally in the same direction as, but more than the movement of the benchmark.

Electromed Thematic Clasifications

Electromed is part of Medical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Medical EquipmentView
This theme covers USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Electromed Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Electromed's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Electromed growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.4

At present, Electromed's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Electromed November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Electromed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Electromed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Electromed based on widely used predictive technical indicators. In general, we focus on analyzing Electromed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Electromed's daily price indicators and compare them against related drivers.

Complementary Tools for Electromed Stock analysis

When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Money Managers
Screen money managers from public funds and ETFs managed around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities