Cutera Inc Stock Working Capital

CUTR Stock

USD 0.32 0 1.06%

Cutera Inc fundamentals help investors to digest information that contributes to Cutera's financial success or failures. It also enables traders to predict the movement of Cutera Stock. The fundamental analysis module provides a way to measure Cutera's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cutera stock.

	Last Reported	Projected for Next Year
Net Working Capital	181.4 M	137.6 M
Change In Working Capital	-11.2 M	-10.6 M

As of 11/22/2024, Net Working Capital is likely to drop to about 137.6 M. In addition to that, Change In Working Capital is likely to grow to about (10.6 M).

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Cutera Inc Company Working Capital Analysis

Cutera's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Cutera Working Capital

181.44 M

Most of Cutera's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cutera Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cutera Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Cutera is extremely important. It helps to project a fair market value of Cutera Stock properly, considering its historical fundamentals such as Working Capital. Since Cutera's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cutera's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cutera's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Accounts Payable	Net Receivables	Short Term Investments	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt	Good Will	Capital Surpluse	Deferred Long Term Liab	Short Term Debt	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Debt Total	Short Long Term Debt
Total Assets		-0.63	0.87	-0.77	0.95	0.99	0.91	0.9	0.46	0.24	0.7	0.9	0.53	-0.86	0.93	0.36	0.67	0.63	-0.38	0.95	0.95	0.85	-0.51	-0.51
Total Stockholder Equity	-0.63		-0.89	0.95	-0.85	-0.56	-0.66	-0.81	0.29	-0.03	-0.31	-0.88	-0.12	0.82	-0.87	-0.17	-0.5	-0.6	0.29	-0.56	-0.51	-0.78	0.87	0.87
Net Debt	0.87	-0.89		-0.92	0.97	0.83	0.86	0.88	0.15	0.11	0.49	0.96	0.29	-0.9	0.98	0.24	0.58	0.56	-0.27	0.82	0.78	0.83	-0.76	-0.76
Retained Earnings	-0.77	0.95	-0.92		-0.92	-0.71	-0.73	-0.9	0.13	-0.13	-0.56	-0.96	-0.32	0.88	-0.93	-0.34	-0.62	-0.65	0.3	-0.65	-0.61	-0.88	0.87	0.87
Total Liab	0.95	-0.85	0.97	-0.92		0.91	0.89	0.95	0.18	0.18	0.6	0.98	0.41	-0.93	1.0	0.32	0.66	0.68	-0.38	0.87	0.85	0.9	-0.72	-0.72
Total Current Assets	0.99	-0.56	0.83	-0.71	0.91		0.89	0.86	0.54	0.24	0.7	0.85	0.53	-0.82	0.89	0.36	0.66	0.59	-0.36	0.95	0.96	0.81	-0.43	-0.43
Accounts Payable	0.91	-0.66	0.86	-0.73	0.89	0.89		0.88	0.3	0.22	0.59	0.85	0.58	-0.91	0.87	0.35	0.48	0.73	-0.53	0.86	0.86	0.75	-0.47	-0.47
Net Receivables	0.9	-0.81	0.88	-0.9	0.95	0.86	0.88		0.05	0.2	0.68	0.94	0.58	-0.95	0.93	0.5	0.57	0.83	-0.55	0.78	0.77	0.89	-0.7	-0.7
Short Term Investments	0.46	0.29	0.15	0.13	0.18	0.54	0.3	0.05		0.08	0.29	0.07	0.22	-0.06	0.18	0.01	0.23	-0.18	0.13	0.56	0.59	0.07	0.35	0.35
Intangible Assets	0.24	-0.03	0.11	-0.13	0.18	0.24	0.22	0.2	0.08		0.36	0.17	0.24	-0.11	0.16	0.39	0.28	0.12	-0.21	0.16	0.17	0.22	-0.05	-0.05
Common Stock	0.7	-0.31	0.49	-0.56	0.6	0.7	0.59	0.68	0.29	0.36		0.6	0.8	-0.63	0.56	0.63	0.6	0.57	-0.32	0.6	0.59	0.72	-0.24	-0.24
Property Plant Equipment	0.9	-0.88	0.96	-0.96	0.98	0.85	0.85	0.94	0.07	0.17	0.6		0.37	-0.92	0.98	0.31	0.69	0.67	-0.33	0.81	0.78	0.93	-0.77	-0.77
Current Deferred Revenue	0.53	-0.12	0.29	-0.32	0.41	0.53	0.58	0.58	0.22	0.24	0.8	0.37		-0.6	0.35	0.82	0.16	0.66	-0.48	0.42	0.44	0.42	-0.04	-0.04
Net Tangible Assets	-0.86	0.82	-0.9	0.88	-0.93	-0.82	-0.91	-0.95	-0.06	-0.11	-0.63	-0.92	-0.6		-0.91	-0.5	-0.49	-0.82	0.45	-0.77	-0.75	-0.83	0.66	0.66
Long Term Debt	0.93	-0.87	0.98	-0.93	1.0	0.89	0.87	0.93	0.18	0.16	0.56	0.98	0.35	-0.91		0.28	0.65	0.64	-0.33	0.86	0.84	0.89	-0.74	-0.74
Good Will	0.36	-0.17	0.24	-0.34	0.32	0.36	0.35	0.5	0.01	0.39	0.63	0.31	0.82	-0.5	0.28		0.1	0.51	-0.29	0.23	0.23	0.33	-0.19	-0.19
Capital Surpluse	0.67	-0.5	0.58	-0.62	0.66	0.66	0.48	0.57	0.23	0.28	0.6	0.69	0.16	-0.49	0.65	0.1		0.33	-0.15	0.71	0.69	0.85	-0.29	-0.29
Deferred Long Term Liab	0.63	-0.6	0.56	-0.65	0.68	0.59	0.73	0.83	-0.18	0.12	0.57	0.67	0.66	-0.82	0.64	0.51	0.33		-0.63	0.51	0.53	0.67	-0.48	-0.48
Short Term Debt	-0.38	0.29	-0.27	0.3	-0.38	-0.36	-0.53	-0.55	0.13	-0.21	-0.32	-0.33	-0.48	0.45	-0.33	-0.29	-0.15	-0.63		-0.3	-0.32	-0.33	0.18	0.18
Net Invested Capital	0.95	-0.56	0.82	-0.65	0.87	0.95	0.86	0.78	0.56	0.16	0.6	0.81	0.42	-0.77	0.86	0.23	0.71	0.51	-0.3		0.99	0.81	-0.31	-0.31
Net Working Capital	0.95	-0.51	0.78	-0.61	0.85	0.96	0.86	0.77	0.59	0.17	0.59	0.78	0.44	-0.75	0.84	0.23	0.69	0.53	-0.32	0.99		0.78	-0.28	-0.28
Capital Stock	0.85	-0.78	0.83	-0.88	0.9	0.81	0.75	0.89	0.07	0.22	0.72	0.93	0.42	-0.83	0.89	0.33	0.85	0.67	-0.33	0.81	0.78		-0.58	-0.58
Long Term Debt Total	-0.51	0.87	-0.76	0.87	-0.72	-0.43	-0.47	-0.7	0.35	-0.05	-0.24	-0.77	-0.04	0.66	-0.74	-0.19	-0.29	-0.48	0.18	-0.31	-0.28	-0.58		1.0
Short Long Term Debt	-0.51	0.87	-0.76	0.87	-0.72	-0.43	-0.47	-0.7	0.35	-0.05	-0.24	-0.77	-0.04	0.66	-0.74	-0.19	-0.29	-0.48	0.18	-0.31	-0.28	-0.58	1.0

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Cutera

Working Capital Over Time

Cutera Capital Surpluse

Capital Surpluse

100.19 Million

At this time, Cutera's Capital Surpluse is relatively stable compared to the past year.

In accordance with the company's disclosures, Cutera Inc has a Working Capital of 181.44 M. This is 57.37% lower than that of the Health Care Equipment & Supplies sector and 86.67% lower than that of the Health Care industry. The working capital for all United States stocks is 87.73% higher than that of the company.

Cutera Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cutera's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cutera could also be used in its relative valuation, which is a method of valuing Cutera by comparing valuation metrics of similar companies.

Cutera is currently under evaluation in working capital category among its peers.

Cutera Fundamentals

	Return On Equity	-44.47
	Return On Asset	-0.26
	Profit Margin	(0.93) %
	Operating Margin	(1.11) %
	Current Valuation	380.69 M
	Shares Outstanding	20.19 M
	Shares Owned By Insiders	1.98 %
	Shares Owned By Institutions	37.65 %
	Number Of Shares Shorted	4.09 M
	Price To Earning	116.17 X
	Price To Book	61.48 X
	Price To Sales	0.04 X
	Revenue	212.37 M
	Gross Profit	139.83 M
	EBITDA	(136.56 M)
	Net Income	(162.83 M)
	Cash And Equivalents	278.18 M
	Cash Per Share	14.21 X
	Total Debt	431.91 M
	Current Ratio	4.36 X
	Book Value Per Share	(12.55) X
	Cash Flow From Operations	(137.87 M)
	Short Ratio	23.50 X
	Earnings Per Share	(7.18) X
	Price To Earnings To Growth	9.05 X
	Target Price	1.5
	Number Of Employees	430
	Beta	1.35
	Market Capitalization	6.38 M
	Total Asset	346.29 M
	Retained Earnings	(303.35 M)
	Working Capital	181.44 M
	Current Asset	73.83 M
	Current Liabilities	24.43 M
	Net Asset	346.29 M

About Cutera Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cutera Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cutera using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cutera Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Cutera

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cutera position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cutera will appreciate offsetting losses from the drop in the long position's value.

Moving against Cutera Stock

0.83	FOXO	FOXO Technologies	Pair Corr
0.79	DOCS	Doximity	Pair Corr
0.73	ITGR	Integer Holdings Corp	Pair Corr
0.58	VMD	Viemed Healthcare	Pair Corr
0.52	VEEV	Veeva Systems Class	Pair Corr

The ability to find closely correlated positions to Cutera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cutera when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cutera - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cutera Inc to buy it.

The correlation of Cutera is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cutera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cutera Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cutera can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Cutera Stock Analysis

When running Cutera's price analysis, check to measure Cutera'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 Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.

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