Sanara Medtech Stock Total Asset

SMTI Stock  USD 37.70  0.38  1.02%   
Sanara Medtech fundamentals help investors to digest information that contributes to Sanara Medtech's financial success or failures. It also enables traders to predict the movement of Sanara Stock. The fundamental analysis module provides a way to measure Sanara Medtech'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 Sanara Medtech stock.
Last ReportedProjected for Next Year
Total Assets73.9 M77.6 M
Intangibles To Total Assets 0.66  0.33 
The Sanara Medtech's current Total Assets is estimated to increase to about 77.6 M, while Intangibles To Total Assets are projected to decrease to 0.33.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sanara Medtech Company Total Asset Analysis

Sanara Medtech's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Sanara Medtech Total Asset

    
  73.87 M  
Most of Sanara Medtech's fundamental indicators, such as Total Asset, 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, Sanara Medtech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sanara Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Sanara Medtech is extremely important. It helps to project a fair market value of Sanara Stock properly, considering its historical fundamentals such as Total Asset. Since Sanara Medtech'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 Sanara Medtech'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 Sanara Medtech's interrelated accounts and indicators.
0.99-0.020.260.970.990.950.9-0.07-0.58-0.510.960.620.880.250.860.990.60.68-0.11-0.770.89
0.99-0.160.320.940.960.90.95-0.13-0.59-0.580.920.690.910.260.90.980.70.73-0.1-0.70.92
-0.02-0.16-0.380.160.080.25-0.440.360.250.270.23-0.57-0.170.04-0.39-0.02-0.75-0.47-0.17-0.45-0.34
0.260.32-0.380.260.280.150.42-0.32-0.69-0.480.180.340.43-0.050.540.20.470.080.45-0.040.26
0.970.940.160.260.980.960.80.02-0.57-0.490.990.520.850.260.780.960.440.55-0.13-0.830.8
0.990.960.080.280.980.970.84-0.07-0.6-0.50.980.550.880.270.820.970.50.58-0.13-0.790.84
0.950.90.250.150.960.970.750.05-0.53-0.340.980.440.780.210.710.940.380.52-0.13-0.850.76
0.90.95-0.440.420.80.840.75-0.21-0.66-0.560.750.830.870.220.950.890.890.820.02-0.530.93
-0.07-0.130.36-0.320.02-0.070.05-0.21-0.030.510.04-0.05-0.19-0.02-0.27-0.03-0.310.02-0.31-0.06-0.05
-0.58-0.590.25-0.69-0.57-0.6-0.53-0.66-0.030.22-0.5-0.62-0.65-0.02-0.73-0.53-0.55-0.33-0.240.34-0.54
-0.51-0.580.27-0.48-0.49-0.5-0.34-0.560.510.22-0.43-0.33-0.59-0.55-0.62-0.48-0.5-0.29-0.190.3-0.47
0.960.920.230.180.990.980.980.750.04-0.5-0.430.430.80.240.710.950.370.52-0.16-0.840.77
0.620.69-0.570.340.520.550.440.83-0.05-0.62-0.330.430.750.150.830.670.850.87-0.27-0.30.78
0.880.91-0.170.430.850.880.780.87-0.19-0.65-0.590.80.750.240.940.90.650.63-0.21-0.620.83
0.250.260.04-0.050.260.270.210.22-0.02-0.02-0.550.240.150.240.220.240.120.130.0-0.260.18
0.860.9-0.390.540.780.820.710.95-0.27-0.73-0.620.710.830.940.220.850.840.710.03-0.540.86
0.990.98-0.020.20.960.970.940.89-0.03-0.53-0.480.950.670.90.240.850.60.74-0.24-0.770.9
0.60.7-0.750.470.440.50.380.89-0.31-0.55-0.50.370.850.650.120.840.60.810.14-0.210.77
0.680.73-0.470.080.550.580.520.820.02-0.33-0.290.520.870.630.130.710.740.81-0.35-0.370.86
-0.11-0.1-0.170.45-0.13-0.13-0.130.02-0.31-0.24-0.19-0.16-0.27-0.210.00.03-0.240.14-0.350.12-0.19
-0.77-0.7-0.45-0.04-0.83-0.79-0.85-0.53-0.060.340.3-0.84-0.3-0.62-0.26-0.54-0.77-0.21-0.370.12-0.45
0.890.92-0.340.260.80.840.760.93-0.05-0.54-0.470.770.780.830.180.860.90.770.86-0.19-0.45
Click cells to compare fundamentals

Sanara Total Asset Historical Pattern

Today, most investors in Sanara Medtech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sanara Medtech's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sanara Medtech total asset as a starting point in their analysis.
   Sanara Medtech Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Sanara Total Assets

Total Assets

77.56 Million

As of now, Sanara Medtech's Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, Sanara Medtech has a Total Asset of 73.87 M. This is 99.02% lower than that of the Health Care Equipment & Supplies sector and 97.77% lower than that of the Health Care industry. The total asset for all United States stocks is 99.75% higher than that of the company.

Sanara Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sanara Medtech's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sanara Medtech could also be used in its relative valuation, which is a method of valuing Sanara Medtech by comparing valuation metrics of similar companies.
Sanara Medtech is currently under evaluation in total asset category among its peers.

Sanara Medtech ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sanara Medtech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sanara Medtech's managers, analysts, and investors.
Environmental
Governance
Social

Sanara Medtech Institutional Holders

Institutional Holdings refers to the ownership stake in Sanara Medtech that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sanara Medtech's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sanara Medtech's value.
Shares
Bank Of New York Mellon Corp2024-06-30
13.3 K
Ameriprise Financial Inc2024-06-30
13.2 K
Charles Schwab Investment Management Inc2024-09-30
11.4 K
Salem Investment Counselors Inc2024-06-30
11.2 K
Stephens Inc2024-09-30
10.8 K
Dimensional Fund Advisors, Inc.2024-09-30
7.4 K
State Board Of Admin Of Florida Retir2024-09-30
7.1 K
Lazard Asset Management Llc2024-06-30
4.6 K
Rhumbline Advisers2024-06-30
3.3 K
Blackrock Inc2024-06-30
197 K
Vanguard Group Inc2024-09-30
173 K

Sanara Fundamentals

About Sanara Medtech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sanara Medtech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sanara Medtech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sanara Medtech 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.

Currently Active Assets on Macroaxis

When determining whether Sanara Medtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sanara Medtech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sanara Medtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sanara Medtech Stock:
Check out Sanara Medtech Piotroski F Score and Sanara Medtech Altman Z Score analysis.
For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Sanara Medtech. If investors know Sanara 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 Sanara Medtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
9.241
Quarterly Revenue Growth
0.352
Return On Assets
(0.05)
Return On Equity
(0.20)
The market value of Sanara Medtech is measured differently than its book value, which is the value of Sanara that is recorded on the company's balance sheet. Investors also form their own opinion of Sanara Medtech's value that differs from its market value or its book value, called intrinsic value, which is Sanara Medtech'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 Sanara Medtech's market value can be influenced by many factors that don't directly affect Sanara Medtech'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 Sanara Medtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanara Medtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanara Medtech'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.