CONMED Short Long Term Debt Total vs Net Debt Analysis

CNMD Stock  USD 71.71  1.02  1.44%   
CONMED financial indicator trend analysis is way more than just evaluating CONMED prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CONMED is a good investment. Please check the relationship between CONMED Short Long Term Debt Total and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONMED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade CONMED Stock refer to our How to Trade CONMED Stock guide.

Short Long Term Debt Total vs Net Debt

Short Long Term Debt Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CONMED Short Long Term Debt Total account and Net Debt. At this time, the significance of the direction appears to have totally related.
The correlation between CONMED's Short Long Term Debt Total and Net Debt is 1.0. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of CONMED, assuming nothing else is changed. The correlation between historical values of CONMED's Short Long Term Debt Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of CONMED are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Long Term Debt Total i.e., CONMED's Short Long Term Debt Total and Net Debt go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from CONMED's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CONMED 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 CONMED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade CONMED Stock refer to our How to Trade CONMED Stock guide.At present, CONMED's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit568.0M571.2M643.1M675.2M
Total Revenue1.0B1.0B1.2B1.3B

CONMED fundamental ratios Correlations

0.960.770.970.680.390.950.53-0.060.990.6-0.060.950.670.980.940.790.970.980.830.940.410.840.960.880.7
0.960.680.930.530.141.00.37-0.230.970.57-0.230.840.470.990.860.660.870.990.780.820.430.840.960.90.48
0.770.680.850.410.320.670.19-0.020.730.42-0.020.750.440.730.870.670.850.760.870.850.220.460.740.560.52
0.970.930.850.580.320.920.38-0.140.960.53-0.130.910.570.950.970.780.970.970.890.940.480.750.960.820.62
0.680.530.410.580.810.510.950.270.660.490.270.730.960.570.60.60.70.580.450.70.310.820.550.750.89
0.390.140.320.320.810.110.820.570.330.210.570.550.90.230.40.540.50.240.210.560.160.440.220.30.92
0.951.00.670.920.510.110.35-0.280.970.58-0.280.830.450.990.850.620.860.980.780.80.440.830.960.90.45
0.530.370.190.380.950.820.350.390.510.40.390.620.940.40.40.510.540.40.230.550.160.720.390.590.86
-0.06-0.23-0.02-0.140.270.57-0.280.39-0.13-0.41.00.00.36-0.16-0.010.39-0.03-0.15-0.130.16-0.220.06-0.19-0.160.4
0.990.970.730.960.660.330.970.51-0.130.63-0.130.930.630.990.90.730.950.990.810.90.410.860.970.90.65
0.60.570.420.530.490.210.580.4-0.40.63-0.40.550.450.580.470.220.590.580.410.440.130.480.530.610.39
-0.06-0.23-0.02-0.130.270.57-0.280.391.0-0.13-0.40.00.36-0.15-0.010.39-0.03-0.15-0.130.16-0.220.06-0.19-0.160.4
0.950.840.750.910.730.550.830.620.00.930.550.00.770.870.870.790.960.880.750.940.30.760.920.760.82
0.670.470.440.570.960.90.450.940.360.630.450.360.770.530.620.670.730.540.450.740.280.70.530.620.97
0.980.990.730.950.570.230.990.4-0.160.990.58-0.150.870.530.90.710.911.00.820.870.420.850.960.90.55
0.940.860.870.970.60.40.850.4-0.010.90.47-0.010.870.620.90.850.960.920.930.970.50.710.90.770.66
0.790.660.670.780.60.540.620.510.390.730.220.390.790.670.710.850.810.730.760.910.230.620.760.570.74
0.970.870.850.970.70.50.860.54-0.030.950.59-0.030.960.730.910.960.810.930.870.970.410.750.920.80.76
0.980.990.760.970.580.240.980.4-0.150.990.58-0.150.880.541.00.920.730.930.840.890.440.840.970.890.57
0.830.780.870.890.450.210.780.23-0.130.810.41-0.130.750.450.820.930.760.870.840.860.380.590.840.690.47
0.940.820.850.940.70.560.80.550.160.90.440.160.940.740.870.970.910.970.890.860.390.730.890.740.8
0.410.430.220.480.310.160.440.16-0.220.410.13-0.220.30.280.420.50.230.410.440.380.390.420.340.490.22
0.840.840.460.750.820.440.830.720.060.860.480.060.760.70.850.710.620.750.840.590.730.420.780.950.66
0.960.960.740.960.550.220.960.39-0.190.970.53-0.190.920.530.960.90.760.920.970.840.890.340.780.830.57
0.880.90.560.820.750.30.90.59-0.160.90.61-0.160.760.620.90.770.570.80.890.690.740.490.950.830.55
0.70.480.520.620.890.920.450.860.40.650.390.40.820.970.550.660.740.760.570.470.80.220.660.570.55
Click cells to compare fundamentals

CONMED Account Relationship Matchups

CONMED fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.8B1.8B2.3B2.3B2.4B
Short Long Term Debt Total768.8M775.9M684.7M1.1B991.3M1.0B
Other Current Liab64.8M111.0M126.2M153.4M222.5M233.6M
Total Current Liabilities188.1M190.2M196.6M296.6M310.7M326.3M
Total Stockholder Equity710.5M709.0M785.4M745.5M834.2M428.2M
Property Plant And Equipment Net118.9M111.4M108.9M115.6M137.3M92.9M
Net Debt743.0M748.5M663.8M1.0B967.0M1.0B
Retained Earnings470.8M457.4M496.6M412.6M452.5M246.1M
Cash25.9M27.4M20.8M28.9M24.3M17.2M
Non Current Assets Total1.4B1.3B1.3B1.7B1.7B1.8B
Non Currrent Assets Other102.3M96.8M98.8M93.9M79.5M83.5M
Cash And Short Term Investments25.9M27.4M20.8M28.9M24.3M17.5M
Net Receivables189.1M177.2M183.9M191.3M242.3M254.4M
Common Stock Shares Outstanding29.5M29.5M32.2M30.0M31.5M25.9M
Liabilities And Stockholders Equity1.8B1.8B1.8B2.3B2.3B2.4B
Non Current Liabilities Total876.5M852.4M783.9M1.3B1.2B1.2B
Inventory164.6M194.9M231.6M332.3M318.3M334.2M
Other Current Assets17.8M17.3M23.8M28.6M30.8M32.3M
Other Stockholder Equity298.6M315.0M342.7M390.5M431.5M453.1M
Total Liab1.1B1.0B980.6M1.6B1.5B1.5B
Property Plant And Equipment Gross118.9M111.4M372.6M393.1M412.9M433.5M
Total Current Assets397.4M416.7M460.1M581.2M615.6M646.4M
Accumulated Other Comprehensive Income(59.3M)(63.7M)(54.2M)(57.9M)(50.2M)(47.7M)
Short Term Debt13.6M25.9M12.2M69.7M16.4M16.8M
Intangible Assets532.8M501.5M471.0M681.8M649.5M331.7M
Accounts Payable56.0M53.3M58.2M73.4M88.2M92.6M
Good Will618.0M618.4M617.5M815.4M806.8M430.8M
Other Liab104.2M102.5M98.8M258.7M297.5M312.3M
Other Assets84.9M103.6M89.0M85.8M98.7M103.6M
Long Term Debt755.2M734.8M672.4M985.1M973.1M1.0B
Treasury Stock(80.7M)(67.6M)(54.1M)(22.8M)(20.5M)(21.5M)
Property Plant Equipment118.9M111.4M108.9M115.6M133.0M129.3M
Current Deferred Revenue53.7M50.2M60.5M9.7M(8.2M)(7.8M)
Net Tangible Assets(440.4M)(410.9M)(340.8M)(751.7M)(676.5M)(642.7M)
Retained Earnings Total Equity470.8M457.4M496.6M412.6M474.5M467.3M
Long Term Debt Total755.2M735.2M672.4M985.1M1.1B1.2B
Capital Surpluse379.3M382.6M396.8M413.2M475.2M384.5M
Deferred Long Term Liab74.5M57.9M68.5M66.7M60.1M72.4M

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When determining whether CONMED is a strong investment it is important to analyze CONMED's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CONMED's future performance. For an informed investment choice regarding CONMED Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONMED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade CONMED Stock refer to our How to Trade CONMED Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 CONMED. If investors know CONMED 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 CONMED listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.14
Dividend Share
0.8
Earnings Share
4.22
Revenue Per Share
41.821
Quarterly Revenue Growth
0.04
The market value of CONMED is measured differently than its book value, which is the value of CONMED that is recorded on the company's balance sheet. Investors also form their own opinion of CONMED's value that differs from its market value or its book value, called intrinsic value, which is CONMED'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 CONMED's market value can be influenced by many factors that don't directly affect CONMED'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 CONMED's value and its price as these two are different measures arrived at by different means. Investors typically determine if CONMED is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CONMED'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.