Clearpoint Stock Based Compensation vs Depreciation Analysis

CLPT Stock  USD 12.37  0.26  2.15%   
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 Stock Based Compensation and its Depreciation 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.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearpoint Neuro Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Clearpoint Neuro's Stock Based Compensation and Depreciation is 0.93. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation 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 Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Clearpoint Neuro are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Clearpoint Neuro's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Clearpoint Neuro value has been used up. For tax purposes Clearpoint Neuro can deduct the cost of the tangible assets it purchases as business expenses. However, Clearpoint Neuro must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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

0.810.460.21-0.350.840.820.33-0.67-0.730.720.84-0.140.740.93-0.350.440.930.930.890.180.810.8-0.66-0.350.5
0.810.560.32-0.220.920.630.07-0.87-0.590.960.65-0.070.980.69-0.150.510.770.850.890.280.581.0-0.43-0.140.42
0.460.560.28-0.040.320.640.1-0.2-0.310.530.62-0.140.530.47-0.020.940.390.440.40.730.570.53-0.18-0.010.18
0.210.320.280.760.090.340.5-0.130.240.220.29-0.130.270.260.110.30.360.380.10.670.330.310.440.11-0.1
-0.35-0.22-0.040.76-0.46-0.030.540.290.74-0.25-0.13-0.34-0.23-0.230.10.05-0.2-0.18-0.480.6-0.03-0.230.710.11-0.62
0.840.920.320.09-0.460.57-0.04-0.92-0.740.890.620.080.920.74-0.120.240.80.860.92-0.060.540.93-0.53-0.120.59
0.820.630.640.34-0.030.570.61-0.42-0.410.550.98-0.380.550.91-0.20.640.810.790.590.530.990.6-0.36-0.190.16
0.330.070.10.50.54-0.040.610.010.30.00.51-0.680.00.43-0.360.30.380.33-0.010.580.640.050.0-0.36-0.46
-0.67-0.87-0.2-0.130.29-0.92-0.420.010.51-0.93-0.43-0.03-0.92-0.540.15-0.16-0.6-0.68-0.770.03-0.39-0.890.380.14-0.41
-0.73-0.59-0.310.240.74-0.74-0.410.30.51-0.54-0.5-0.29-0.55-0.670.07-0.13-0.61-0.61-0.820.3-0.4-0.590.680.07-0.78
0.720.960.530.22-0.250.890.550.0-0.93-0.540.56-0.020.990.6-0.120.490.620.720.810.250.50.97-0.39-0.120.41
0.840.650.620.29-0.130.620.980.51-0.43-0.50.56-0.290.570.94-0.110.590.860.830.650.430.980.62-0.37-0.10.25
-0.14-0.07-0.14-0.13-0.340.08-0.38-0.68-0.03-0.29-0.02-0.29-0.04-0.10.4-0.35-0.11-0.170.09-0.48-0.36-0.050.210.40.76
0.740.980.530.27-0.230.920.550.0-0.92-0.550.990.57-0.040.61-0.130.480.690.790.830.250.50.99-0.39-0.120.41
0.930.690.470.26-0.230.740.910.43-0.54-0.670.60.94-0.10.61-0.180.410.920.880.780.230.920.67-0.47-0.170.46
-0.35-0.15-0.020.110.1-0.12-0.2-0.360.150.07-0.12-0.110.4-0.13-0.18-0.2-0.19-0.22-0.23-0.1-0.18-0.150.631.00.07
0.440.510.940.30.050.240.640.3-0.16-0.130.490.59-0.350.480.41-0.20.360.40.320.820.570.49-0.23-0.19-0.03
0.930.770.390.36-0.20.80.810.38-0.6-0.610.620.86-0.110.690.92-0.190.360.980.830.210.810.76-0.45-0.190.45
0.930.850.440.38-0.180.860.790.33-0.68-0.610.720.83-0.170.790.88-0.220.40.980.850.250.770.84-0.47-0.220.4
0.890.890.40.1-0.480.920.59-0.01-0.77-0.820.810.650.090.830.78-0.230.320.830.85-0.010.570.88-0.66-0.220.66
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
0.810.580.570.33-0.030.540.990.64-0.39-0.40.50.98-0.360.50.92-0.180.570.810.770.570.480.55-0.34-0.170.17
0.81.00.530.31-0.230.930.60.05-0.89-0.590.970.62-0.050.990.67-0.150.490.760.840.880.260.55-0.43-0.140.43
-0.66-0.43-0.180.440.71-0.53-0.360.00.380.68-0.39-0.370.21-0.39-0.470.63-0.23-0.45-0.47-0.660.22-0.34-0.430.63-0.35
-0.35-0.14-0.010.110.11-0.12-0.19-0.360.140.07-0.12-0.10.4-0.12-0.171.0-0.19-0.19-0.22-0.22-0.1-0.17-0.140.630.08
0.50.420.18-0.1-0.620.590.16-0.46-0.41-0.780.410.250.760.410.460.07-0.030.450.40.66-0.370.170.43-0.350.08
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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 Other722.0K648K644K581K495.0K582.8K
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 Assets357.2K488K1.0M1.7M1.2M1.2M
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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