Apyx Net Income From Continuing Ops vs Minority Interest Analysis

APYX Stock  USD 1.45  0.01  0.69%   
Apyx Medical financial indicator trend analysis is way more than just evaluating Apyx Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apyx Medical is a good investment. Please check the relationship between Apyx Medical Net Income From Continuing Ops and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.

Net Income From Continuing Ops vs Minority Interest

Net Income From Continuing Ops vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apyx Medical Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Apyx Medical's Net Income From Continuing Ops and Minority Interest is 0.52. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Apyx Medical, assuming nothing else is changed. The correlation between historical values of Apyx Medical's Net Income From Continuing Ops and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Apyx Medical are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income From Continuing Ops i.e., Apyx Medical's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Apyx Medical whose combined shares represent less than 50% of the total outstanding shares issued by Apyx Medical have a minority interest in Apyx Medical.
Most indicators from Apyx Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apyx Medical current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.At this time, Apyx Medical's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 88.8 M in 2024, despite the fact that Tax Provision is likely to grow to (2.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense10K15K2.5M2.6M
Depreciation And Amortization903K890K692K736.2K

Apyx Medical fundamental ratios Correlations

0.30.570.820.810.320.19-0.60.150.670.82-0.110.420.940.66-0.45-0.050.740.320.110.770.780.50.41.00.71
0.30.290.38-0.3-0.01-0.40.31-0.70.50.40.110.70.20.21-0.22-0.26-0.031.00.190.330.480.960.310.280.24
0.570.290.810.320.13-0.07-0.12-0.420.80.37-0.240.580.360.86-0.230.180.610.320.380.570.820.50.250.580.61
0.820.380.810.530.230.09-0.54-0.270.950.82-0.230.570.660.89-0.310.140.710.40.210.850.880.620.360.830.71
0.81-0.30.320.530.330.43-0.770.630.290.55-0.14-0.040.840.45-0.310.060.73-0.29-0.020.520.44-0.10.230.820.54
0.32-0.010.130.230.330.25-0.320.00.260.260.760.280.130.3-0.7-0.750.610.00.710.370.390.070.880.250.31
0.19-0.4-0.070.090.430.25-0.510.350.030.15-0.14-0.560.290.0-0.26-0.030.49-0.39-0.27-0.120.14-0.310.060.21-0.02
-0.60.31-0.12-0.54-0.77-0.32-0.51-0.46-0.35-0.730.170.08-0.6-0.480.19-0.16-0.60.30.22-0.63-0.320.11-0.18-0.61-0.46
0.15-0.7-0.42-0.270.630.00.35-0.46-0.49-0.07-0.1-0.560.34-0.270.080.090.04-0.71-0.36-0.11-0.41-0.68-0.230.16-0.04
0.670.50.80.950.290.260.03-0.35-0.490.7-0.130.630.470.82-0.350.040.610.520.340.770.870.710.40.670.6
0.820.40.370.820.550.260.15-0.73-0.070.7-0.120.450.740.65-0.320.030.580.42-0.060.850.690.580.370.820.65
-0.110.11-0.24-0.23-0.140.76-0.140.17-0.1-0.13-0.120.29-0.28-0.12-0.6-0.910.040.110.68-0.04-0.010.030.64-0.2-0.12
0.420.70.580.57-0.040.28-0.560.08-0.560.630.450.290.160.65-0.33-0.30.180.710.510.620.580.770.470.380.51
0.940.20.360.660.840.130.29-0.60.340.470.74-0.280.160.42-0.280.080.620.21-0.140.610.590.360.210.950.58
0.660.210.860.890.450.30.0-0.48-0.270.820.65-0.120.650.42-0.30.110.660.240.280.780.790.450.360.660.74
-0.45-0.22-0.23-0.31-0.31-0.7-0.260.190.08-0.35-0.32-0.6-0.33-0.28-0.30.78-0.47-0.23-0.42-0.32-0.55-0.28-0.49-0.38-0.18
-0.05-0.260.180.140.06-0.75-0.03-0.160.090.040.03-0.91-0.30.080.110.78-0.09-0.25-0.550.0-0.11-0.18-0.610.030.05
0.74-0.030.610.710.730.610.49-0.60.040.610.580.040.180.620.66-0.47-0.09-0.010.380.570.80.190.620.730.62
0.321.00.320.4-0.290.0-0.390.3-0.710.520.420.110.710.210.24-0.23-0.25-0.010.20.350.50.970.310.30.25
0.110.190.380.21-0.020.71-0.270.22-0.360.34-0.060.680.51-0.140.28-0.42-0.550.380.20.220.380.230.760.050.21
0.770.330.570.850.520.37-0.12-0.63-0.110.770.85-0.040.620.610.78-0.320.00.570.350.220.680.530.440.760.76
0.780.480.820.880.440.390.14-0.32-0.410.870.69-0.010.580.590.79-0.55-0.110.80.50.380.680.670.510.770.62
0.50.960.50.62-0.10.07-0.310.11-0.680.710.580.030.770.360.45-0.28-0.180.190.970.230.530.670.370.480.41
0.40.310.250.360.230.880.06-0.18-0.230.40.370.640.470.210.36-0.49-0.610.620.310.760.440.510.370.340.47
1.00.280.580.830.820.250.21-0.610.160.670.82-0.20.380.950.66-0.380.030.730.30.050.760.770.480.340.71
0.710.240.610.710.540.31-0.02-0.46-0.040.60.65-0.120.510.580.74-0.180.050.620.250.210.760.620.410.470.71
Click cells to compare fundamentals

Apyx Medical Account Relationship Matchups

Apyx Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.7M74.1M68.7M51.8M79.2M83.2M
Short Long Term Debt Total1.1M676K305K796K38.5M40.4M
Other Current Liab1.5M6.3M9.6M13.6M8.8M9.2M
Total Current Liabilities12.2M9.2M13.2M11.9M12.7M13.4M
Total Stockholder Equity71.3M63.7M53.7M37.6M26.7M24.4M
Property Plant And Equipment Net7.6M7.2M6.9M7.6M7.1M5.3M
Net Debt(57.7M)(41.2M)(30.6M)(9.4M)(5.2M)(5.4M)
Retained Earnings14.5M2.6M(12.6M)(35.7M)(54.4M)(51.7M)
Accounts Payable2.4M1.5M2.6M2.7M2.7M2.8M
Cash58.8M41.9M30.9M10.2M43.7M45.8M
Non Current Assets Total8.0M8.0M8.0M8.8M8.9M8.2M
Non Currrent Assets Other391K807K1.1M1.2M1.7M1.8M
Cash And Short Term Investments58.8M41.9M30.9M10.2M43.7M45.8M
Net Receivables9.2M17.3M21.2M18.2M14.1M14.8M
Common Stock Shares Outstanding34.1M34.2M34.3M34.5M34.6M22.4M
Liabilities And Stockholders Equity84.7M74.1M68.7M51.8M79.2M83.2M
Non Current Liabilities Total1.2M1.1M1.5M2.1M39.6M41.6M
Inventory5.1M4.1M6.8M11.8M9.9M5.3M
Other Current Assets3.6M2.8M1.9M2.7M2.7M2.9M
Other Stockholder Equity56.7M61.1M66.2M73.3M81.1M85.2M
Total Liab13.4M10.3M14.7M14.0M52.3M54.9M
Property Plant And Equipment Gross7.5M7.2M6.9M7.6M10.7M5.4M
Total Current Assets76.7M66.1M60.7M43.0M70.4M73.9M
Other Assets191K1.5M1.1M1.2M1.4M1.1M
Property Plant Equipment6.6M7.2M6.6M6.8M7.8M5.8M
Net Tangible Assets71.3M63.7M53.7M37.6M43.2M40.5M
Retained Earnings Total Equity14.5M2.6M(12.6M)(35.7M)(41.1M)(39.0M)
Capital Surpluse56.7M61.1M66.2M73.3M84.3M51.5M

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