Deltex Other Current Assets vs Cash Analysis

DEMG Stock

0.08 0.01 6.67%

Deltex Medical financial indicator trend analysis is much more than just examining Deltex Medical Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deltex Medical Group is a good investment. Please check the relationship between Deltex Medical Other Current Assets and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deltex Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deltex Medical Group Other Current Assets account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Deltex Medical's Other Current Assets and Cash is -0.03. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Deltex Medical Group, assuming nothing else is changed. The correlation between historical values of Deltex Medical's Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Deltex Medical Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Deltex Medical's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of Deltex Medical Group, which is listed under current asset account on Deltex Medical Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Deltex Medical customers. The amounts must be unrestricted with restricted cash listed in a different Deltex Medical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Deltex Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deltex Medical Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deltex Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Deltex Medical's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is likely to drop slightly above 1.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	173K	199K	230K	116.1K
Depreciation And Amortization	114K	128K	133K	231.8K

Interest Expense Depreciation And Amortization

Deltex Medical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Receivables
Total Assets		0.78	0.66	0.6	0.9	0.72	-0.21	-0.61	0.3	0.63	-0.05	-0.11	0.63	0.09	-0.01	0.21	0.88	0.18	0.41	0.83	0.0	0.79	0.37	0.08	0.54	0.57
Short Long Term Debt Total	0.78		0.35	0.52	0.6	0.42	0.26	-0.53	0.48	0.26	0.03	-0.1	0.26	0.05	-0.01	0.34	0.68	0.29	0.59	0.76	0.25	0.59	0.48	0.08	0.65	0.52
Other Current Liab	0.66	0.35		0.84	0.44	0.8	-0.33	-0.17	0.26	0.47	-0.5	-0.44	0.47	-0.33	-0.43	-0.45	0.48	0.08	-0.14	0.73	-0.37	0.68	0.7	-0.36	0.34	0.62
Total Current Liabilities	0.6	0.52	0.84		0.23	0.67	0.02	-0.18	0.6	0.18	-0.57	-0.61	0.18	-0.44	-0.59	-0.42	0.45	0.36	0.11	0.88	-0.37	0.64	0.86	-0.45	0.53	0.71
Total Stockholder Equity	0.9	0.6	0.44	0.23		0.59	-0.41	-0.56	-0.01	0.75	0.19	0.12	0.75	0.29	0.23	0.38	0.82	0.0	0.29	0.5	0.15	0.63	0.05	0.27	0.28	0.3
Property Plant And Equipment Net	0.72	0.42	0.8	0.67	0.59		-0.49	-0.05	0.36	0.71	-0.49	-0.37	0.71	-0.39	-0.43	-0.4	0.6	0.33	-0.03	0.65	-0.37	0.87	0.6	-0.42	0.43	0.67
Net Debt	-0.21	0.26	-0.33	0.02	-0.41	-0.49		-0.38	0.22	-0.84	0.24	0.18	-0.84	0.31	0.27	0.17	-0.3	0.16	0.45	0.13	0.34	-0.43	0.04	0.33	0.15	-0.17
Retained Earnings	-0.61	-0.53	-0.17	-0.18	-0.56	-0.05	-0.38		0.07	0.03	-0.48	-0.33	0.03	-0.74	-0.6	-0.43	-0.48	0.08	-0.55	-0.53	-0.43	-0.09	0.11	-0.72	-0.18	0.07
Accounts Payable	0.3	0.48	0.26	0.6	-0.01	0.36	0.22	0.07		-0.01	-0.42	-0.34	-0.01	-0.57	-0.54	-0.11	0.39	0.72	0.58	0.56	-0.39	0.58	0.63	-0.56	0.85	0.73
Cash	0.63	0.26	0.47	0.18	0.75	0.71	-0.84	0.03	-0.01		-0.14	-0.08	1.0	-0.19	-0.15	0.0	0.67	-0.03	-0.1	0.26	-0.12	0.73	0.15	-0.2	0.22	0.39
Non Current Assets Total	-0.05	0.03	-0.5	-0.57	0.19	-0.49	0.24	-0.48	-0.42	-0.14		0.63	-0.14	0.85	0.85	0.59	0.08	-0.24	0.29	-0.31	0.79	-0.48	-0.55	0.87	-0.33	-0.69
Non Currrent Assets Other	-0.11	-0.1	-0.44	-0.61	0.12	-0.37	0.18	-0.33	-0.34	-0.08	0.63		-0.08	0.59	0.87	0.32	-0.15	-0.11	0.17	-0.37	0.58	-0.34	-0.54	0.61	-0.09	-0.56
Cash And Short Term Investments	0.63	0.26	0.47	0.18	0.75	0.71	-0.84	0.03	-0.01	1.0	-0.14	-0.08		-0.19	-0.15	0.0	0.67	-0.03	-0.1	0.26	-0.12	0.73	0.15	-0.2	0.22	0.39
Common Stock Total Equity	0.09	0.05	-0.33	-0.44	0.29	-0.39	0.31	-0.74	-0.57	-0.19	0.85	0.59	-0.19		0.9	0.54	0.05	-0.37	0.26	-0.14	0.69	-0.46	-0.6	0.99	-0.42	-0.66
Common Stock Shares Outstanding	-0.01	-0.01	-0.43	-0.59	0.23	-0.43	0.27	-0.6	-0.54	-0.15	0.85	0.87	-0.15	0.9		0.48	-0.06	-0.33	0.2	-0.28	0.75	-0.47	-0.62	0.92	-0.32	-0.7
Non Current Liabilities Total	0.21	0.34	-0.45	-0.42	0.38	-0.4	0.17	-0.43	-0.11	0.0	0.59	0.32	0.0	0.54	0.48		0.33	-0.14	0.6	-0.06	0.35	-0.09	-0.57	0.54	0.06	-0.12
Inventory	0.88	0.68	0.48	0.45	0.82	0.6	-0.3	-0.48	0.39	0.67	0.08	-0.15	0.67	0.05	-0.06	0.33		0.23	0.55	0.68	-0.02	0.79	0.26	0.04	0.58	0.56
Other Current Assets	0.18	0.29	0.08	0.36	0.0	0.33	0.16	0.08	0.72	-0.03	-0.24	-0.11	-0.03	-0.37	-0.33	-0.14	0.23		0.45	0.32	-0.24	0.35	0.43	-0.36	0.53	0.36
Other Stockholder Equity	0.41	0.59	-0.14	0.11	0.29	-0.03	0.45	-0.55	0.58	-0.1	0.29	0.17	-0.1	0.26	0.2	0.6	0.55	0.45		0.43	0.13	0.27	-0.03	0.25	0.62	0.28
Total Liab	0.83	0.76	0.73	0.88	0.5	0.65	0.13	-0.53	0.56	0.26	-0.31	-0.37	0.26	-0.14	-0.28	-0.06	0.68	0.32	0.43		-0.17	0.72	0.65	-0.15	0.67	0.71
Property Plant And Equipment Gross	0.0	0.25	-0.37	-0.37	0.15	-0.37	0.34	-0.43	-0.39	-0.12	0.79	0.58	-0.12	0.69	0.75	0.35	-0.02	-0.24	0.13	-0.17		-0.42	-0.21	0.74	-0.27	-0.64
Total Current Assets	0.79	0.59	0.68	0.64	0.63	0.87	-0.43	-0.09	0.58	0.73	-0.48	-0.34	0.73	-0.46	-0.47	-0.09	0.79	0.35	0.27	0.72	-0.42		0.54	-0.48	0.75	0.88
Short Term Debt	0.37	0.48	0.7	0.86	0.05	0.6	0.04	0.11	0.63	0.15	-0.55	-0.54	0.15	-0.6	-0.62	-0.57	0.26	0.43	-0.03	0.65	-0.21	0.54		-0.57	0.51	0.6
Common Stock	0.08	0.08	-0.36	-0.45	0.27	-0.42	0.33	-0.72	-0.56	-0.2	0.87	0.61	-0.2	0.99	0.92	0.54	0.04	-0.36	0.25	-0.15	0.74	-0.48	-0.57		-0.41	-0.68
Other Liab	0.54	0.65	0.34	0.53	0.28	0.43	0.15	-0.18	0.85	0.22	-0.33	-0.09	0.22	-0.42	-0.32	0.06	0.58	0.53	0.62	0.67	-0.27	0.75	0.51	-0.41		0.8
Net Receivables	0.57	0.52	0.62	0.71	0.3	0.67	-0.17	0.07	0.73	0.39	-0.69	-0.56	0.39	-0.66	-0.7	-0.12	0.56	0.36	0.28	0.71	-0.64	0.88	0.6	-0.68	0.8

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Deltex Medical Account Relationship Matchups

Deltex Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	5.5M	5.4M	6.2M	5.9M	5.5M
Short Long Term Debt Total	1.6M	1.5M	2.0M	2.2M	1.9M	1.7M
Other Current Liab	1.7M	975K	908K	784K	530K	503.5K
Total Current Liabilities	2.4M	1.6M	2.2M	2.6M	934K	887.3K
Total Stockholder Equity	2.8M	2.8M	2.0M	2.3M	3.3M	2.5M
Property Plant And Equipment Net	395K	305K	264K	269K	198K	347.6K
Net Debt	704K	614K	1.6M	1.8M	1.2M	1.3M
Retained Earnings	(53.8M)	(54.6M)	(55.6M)	(56.6M)	(57.8M)	(60.7M)
Accounts Payable	381K	201K	298K	507K	173K	164.4K
Cash	908K	853K	413K	471K	705K	920.5K
Non Current Assets Total	3.2M	3.0M	3.6M	4.2M	4.2M	4.4M
Non Currrent Assets Other	(461K)	(371K)	(330K)	(335K)	3.9M	4.1M
Cash And Short Term Investments	908K	853K	413K	471K	705K	920.5K
Common Stock Total Equity	3.1M	4.9M	5.2M	5.8M	6.6M	7.0M
Common Stock Shares Outstanding	509.7M	526.4M	580.7M	685.5M	1.2B	1.2B
Liabilities And Stockholders Equity	6.5M	5.5M	5.4M	6.2M	5.9M	5.5M
Non Current Liabilities Total	1.5M	1.3M	1.3M	1.3M	1.9M	977.1K
Inventory	915K	895K	796K	821K	716K	782.2K
Other Current Assets	49K	198K	175K	227K	171K	162.5K
Other Stockholder Equity	33.2M	33.4M	33.5M	33.7M	35.7M	34.5M
Total Liab	3.8M	2.9M	3.5M	3.9M	2.8M	3.1M
Property Plant And Equipment Gross	395K	305K	2.7M	2.4M	2.1M	2.2M
Total Current Assets	3.3M	2.5M	1.8M	2.0M	1.8M	2.7M
Accumulated Other Comprehensive Income	18.1M	18.2M	18.3M	18.3M	18.2M	19.1M
Short Term Debt	220K	200K	748K	987K	137K	130.2K
Common Stock	5.2M	5.8M	5.8M	7.0M	7.2M	7.6M
Other Liab	62K	51K	57K	64K	73.6K	92.9K
Net Receivables	1.4M	737K	455K	456K	177K	168.2K
Property Plant Equipment	395K	305K	264K	269K	309.4K	354.3K
Long Term Debt	1.0M	1.1M	993K	1.1M	1.7M	996.9K
Current Deferred Revenue	53K	58K	57K	39K	468K	491.4K
Intangible Assets	2.7M	2.6M	3.1M	3.8M	3.9M	4.1M
Other Assets	2.7M	2.6M	1.0	3.9M	4.4M	4.7M
Net Tangible Assets	2.7M	2.7M	2.0M	2.3M	2.1M	2.1M
Deferred Long Term Liab	2.6M	2.5M	3.1M	3.7M	4.3M	2.6M
Short Long Term Debt	188K	159K	702K	935K	79K	75.1K
Capital Lease Obligations	352K	315K	274K	229K	177K	194.8K
Net Invested Capital	4.1M	3.9M	3.8M	4.4M	5.0M	4.5M

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Deltex Other Current Assets vs Cash Analysis

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

Correlation Coefficient

Other Current Assets

Cash

Deltex Medical fundamental ratios Correlations

Deltex Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Deltex Medical fundamental ratios Accounts

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Additional Tools for Deltex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Common Stock Total Equity
Common Stock	+ 0.92	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.9	Total Assets
Common Stock Shares Outstanding	+ 0.9	Common Stock Total Equity
Inventory	+ 0.88	Total Assets

Cash And Short Term Investments	- 0.84	Net Debt
Cash	- 0.84	Net Debt
Common Stock Total Equity	- 0.74	Retained Earnings
Common Stock	- 0.72	Retained Earnings
Net Receivables	- 0.7	Common Stock Shares Outstanding
Net Receivables	- 0.69	Non Current Assets Total