Clearpoint Net Interest Income vs Non Operating Income Net Other Analysis

CLPT Stock  USD 11.67  0.17  1.44%   
Clearpoint Neuro financial indicator trend analysis is way more than just evaluating Clearpoint Neuro prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearpoint Neuro is a good investment. Please check the relationship between Clearpoint Neuro Net Interest Income and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearpoint Neuro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Clearpoint Stock please use our How to Invest in Clearpoint Neuro guide.

Net Interest Income vs Non Operating Income Net Other

Net Interest Income vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearpoint Neuro Net Interest Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Clearpoint Neuro's Net Interest Income and Non Operating Income Net Other is -0.8. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Clearpoint Neuro, assuming nothing else is changed. The correlation between historical values of Clearpoint Neuro's Net Interest Income and Non Operating Income Net Other 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 Interest Income of Clearpoint Neuro are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Net Interest Income i.e., Clearpoint Neuro's Net Interest Income and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Non Operating Income Net Other

Most indicators from Clearpoint Neuro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearpoint Neuro 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 Clearpoint Neuro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Clearpoint Stock please use our How to Invest in Clearpoint Neuro guide.At this time, Clearpoint Neuro's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 165.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense973K81K386K366.7K
Depreciation And Amortization692K777K1.5M1.5M

Clearpoint Neuro fundamental ratios Correlations

0.810.460.21-0.350.840.820.33-0.67-0.730.720.84-0.140.740.93-0.350.440.930.90.890.180.810.8-0.66-0.350.5
0.810.560.32-0.220.920.630.07-0.87-0.590.960.65-0.070.980.69-0.150.510.770.670.890.280.581.0-0.43-0.140.42
0.460.560.28-0.040.320.640.1-0.2-0.310.530.62-0.140.530.47-0.020.940.390.390.40.730.570.53-0.18-0.010.18
0.210.320.280.760.090.340.5-0.130.240.220.29-0.130.270.260.110.30.360.340.10.670.330.310.440.11-0.1
-0.35-0.22-0.040.76-0.46-0.030.540.290.74-0.25-0.13-0.34-0.23-0.230.10.05-0.2-0.13-0.480.6-0.03-0.230.710.11-0.62
0.840.920.320.09-0.460.57-0.04-0.92-0.740.890.620.080.920.74-0.120.240.80.710.92-0.060.540.93-0.53-0.120.59
0.820.630.640.34-0.030.570.61-0.42-0.410.550.98-0.380.550.91-0.20.640.810.910.590.530.990.6-0.36-0.190.16
0.330.070.10.50.54-0.040.610.010.30.00.51-0.680.00.43-0.360.30.380.52-0.010.580.640.050.0-0.36-0.46
-0.67-0.87-0.2-0.130.29-0.92-0.420.010.51-0.93-0.43-0.03-0.92-0.540.15-0.16-0.6-0.52-0.770.03-0.39-0.890.380.14-0.41
-0.73-0.59-0.310.240.74-0.74-0.410.30.51-0.54-0.5-0.29-0.55-0.670.07-0.13-0.61-0.55-0.820.3-0.4-0.590.680.07-0.78
0.720.960.530.22-0.250.890.550.0-0.93-0.540.56-0.020.990.6-0.120.490.620.550.810.250.50.97-0.39-0.120.41
0.840.650.620.29-0.130.620.980.51-0.43-0.50.56-0.290.570.94-0.110.590.860.940.650.430.980.62-0.37-0.10.25
-0.14-0.07-0.14-0.13-0.340.08-0.38-0.68-0.03-0.29-0.02-0.29-0.04-0.10.4-0.35-0.11-0.20.09-0.48-0.36-0.050.210.40.76
0.740.980.530.27-0.230.920.550.0-0.92-0.550.990.57-0.040.61-0.130.480.690.580.830.250.50.99-0.39-0.120.41
0.930.690.470.26-0.230.740.910.43-0.54-0.670.60.94-0.10.61-0.180.410.920.970.780.230.920.67-0.47-0.170.46
-0.35-0.15-0.020.110.1-0.12-0.2-0.360.150.07-0.12-0.110.4-0.13-0.18-0.2-0.19-0.19-0.23-0.1-0.18-0.150.631.00.07
0.440.510.940.30.050.240.640.3-0.16-0.130.490.59-0.350.480.41-0.20.360.370.320.820.570.49-0.23-0.19-0.03
0.930.770.390.36-0.20.80.810.38-0.6-0.610.620.86-0.110.690.92-0.190.360.960.830.210.810.76-0.45-0.190.45
0.90.670.390.34-0.130.710.910.52-0.52-0.550.550.94-0.20.580.97-0.190.370.960.740.250.930.65-0.41-0.180.35
0.890.890.40.1-0.480.920.59-0.01-0.77-0.820.810.650.090.830.78-0.230.320.830.74-0.010.570.88-0.66-0.220.66
0.180.280.730.670.6-0.060.530.580.030.30.250.43-0.480.250.23-0.10.820.210.25-0.010.480.260.22-0.1-0.37
0.810.580.570.33-0.030.540.990.64-0.39-0.40.50.98-0.360.50.92-0.180.570.810.930.570.480.55-0.34-0.170.17
0.81.00.530.31-0.230.930.60.05-0.89-0.590.970.62-0.050.990.67-0.150.490.760.650.880.260.55-0.43-0.140.43
-0.66-0.43-0.180.440.71-0.53-0.360.00.380.68-0.39-0.370.21-0.39-0.470.63-0.23-0.45-0.41-0.660.22-0.34-0.430.63-0.35
-0.35-0.14-0.010.110.11-0.12-0.19-0.360.140.07-0.12-0.10.4-0.12-0.171.0-0.19-0.19-0.18-0.22-0.1-0.17-0.140.630.08
0.50.420.18-0.1-0.620.590.16-0.46-0.41-0.780.410.250.760.410.460.07-0.030.450.350.66-0.370.170.43-0.350.08
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Clearpoint Neuro Account Relationship Matchups

Clearpoint Neuro fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding13.2M15.8M20.7M24.2M24.6M25.8M
Total Assets11.9M29.6M65.6M55.5M42.7M23.2M
Short Long Term Debt Total2.5M24.2M12.3M12.0M13.9M9.9M
Other Current Liab1.7M1.9M2.6M4.3M3.6M2.5M
Total Current Liabilities4.0M3.2M4.8M6.8M7.4M4.7M
Total Stockholder Equity4.6M2.4M48.8M36.9M21.2M22.2M
Property Plant And Equipment Net821.4K3.2M2.8M2.7M5.0M5.2M
Current Deferred Revenue1.2M562K678K1.1M2.6M2.7M
Net Debt(3.2M)4.1M(41.8M)(15.6M)(9.2M)(8.7M)
Accounts Payable965.8K300K427K272K393K373.4K
Cash5.7M20.1M54.1M27.6M23.1M14.1M
Non Current Assets Total1.5M4.2M3.7M4.3M6.5M6.8M
Non Currrent Assets Other722.0K648K644K581K495K582.8K
Cash And Short Term Investments5.7M20.1M54.1M37.5M23.1M14.9M
Net Receivables1.1M1.9M2.3M2.7M3.9M4.1M
Common Stock Total Equity152.4K170K237K246K221.4K263.6K
Liabilities And Stockholders Equity11.9M29.6M65.6M55.5M42.7M23.2M
Non Current Liabilities Total3.3M24.0M12.0M11.8M14.1M9.6M
Inventory3.2M3.2M4.9M9.3M7.9M8.3M
Other Current Assets357.2K488K1.0M1.7M2.4M2.5M
Other Stockholder Equity117.2M121.7M182.5M187.0M193.4M121.2M
Total Liab7.3M27.3M16.8M18.6M21.5M16.1M
Property Plant And Equipment Gross821.4K3.1M2.8M2.7M5.9M6.2M
Total Current Assets10.4M25.5M61.9M51.2M36.2M20.4M
Common Stock152.4K170K237K246K247K258.6K
Retained Earnings(112.7M)(119.5M)(133.9M)(150.4M)(172.5M)(181.1M)
Other Assets722K3.7M644K581K668.2K1.3M
Long Term Debt2.1M21.3M9.8M9.9M9.9M8.3M
Long Term Debt Total2.1M21.3M9.8M9.9M11.4M7.9M
Capital Surpluse117.2M121.7M182.5M187.0M215.1M137.6M
Property Plant Equipment821K3.1M2.8M1.3M1.4M1.3M
Other Liab1.2M215K264K390K351K505.7K
Net Tangible Assets4.6M2.0M48.5M35.9M41.2M43.3M
Net Invested Capital6.7M23.7M58.6M46.8M31.1M28.7M
Net Working Capital6.6M22.3M57.1M44.4M28.7M27.0M
Capital Stock152.4K170K237K246K247K213.1K

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