EDAP Net Invested Capital vs Total Assets Analysis

EDAP Stock

USD 2.49 0.04 1.63%

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

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EDAP TMS SA Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between EDAP TMS's Net Invested Capital and Total Assets is -0.1. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of EDAP TMS SA, assuming nothing else is changed. The correlation between historical values of EDAP TMS's Net Invested Capital and Total Assets 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 Invested Capital of EDAP TMS SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., EDAP TMS's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of EDAP TMS assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in EDAP TMS SA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from EDAP TMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EDAP TMS SA 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 EDAP TMS SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, EDAP TMS's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value is likely to grow to about 148.8 M, while Tax Provision is likely to drop slightly above 90.2 K.

	2021	2022	2023	2024 (projected)
Gross Profit	18.4M	24.2M	24.4M	14.0M
Total Revenue	44.1M	55.1M	60.4M	33.0M

Gross Profit Total Revenue

EDAP TMS 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	Net Receivables	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	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.19	0.83	0.73	0.89	0.7	-0.9	-0.25	0.65	0.9	0.83	0.57	0.9	0.49	0.64	0.35	0.69	-0.39	0.73	0.78	0.8	1.0	-0.08	0.16	0.48	0.67
Short Long Term Debt Total	0.19		0.06	0.55	0.13	0.38	-0.01	-0.3	0.17	0.19	0.2	0.14	0.2	0.4	0.09	0.11	0.11	-0.42	0.26	0.53	0.36	0.19	0.84	-0.32	0.0	0.07
Other Current Liab	0.83	0.06		0.72	0.72	0.56	-0.74	-0.1	0.48	0.72	0.73	0.71	0.72	0.47	0.43	0.24	0.56	-0.6	0.53	0.73	0.62	0.83	-0.11	0.26	0.3	0.45
Total Current Liabilities	0.73	0.55	0.72		0.55	0.66	-0.51	-0.4	0.7	0.58	0.67	0.34	0.58	0.67	0.55	0.13	0.56	-0.44	0.58	0.93	0.61	0.72	0.49	-0.09	0.44	0.54
Total Stockholder Equity	0.89	0.13	0.72	0.55		0.81	-0.94	-0.3	0.51	0.96	0.77	0.56	0.96	0.44	0.45	0.3	0.87	-0.44	0.85	0.59	0.92	0.89	-0.17	0.24	0.26	0.48
Property Plant And Equipment Net	0.7	0.38	0.56	0.66	0.81		-0.7	-0.51	0.59	0.78	0.81	0.44	0.77	0.46	0.49	0.36	0.89	-0.34	0.84	0.72	0.88	0.67	0.12	0.06	0.36	0.48
Net Debt	-0.9	-0.01	-0.74	-0.51	-0.94	-0.7		0.39	-0.48	-0.98	-0.66	-0.57	-0.98	-0.21	-0.64	-0.45	-0.77	0.32	-0.85	-0.62	-0.85	-0.91	0.28	-0.04	-0.48	-0.68
Retained Earnings	-0.25	-0.3	-0.1	-0.4	-0.3	-0.51	0.39		-0.5	-0.45	-0.06	-0.06	-0.46	0.14	-0.68	-0.5	-0.51	-0.01	-0.75	-0.54	-0.53	-0.27	-0.2	0.75	-0.65	-0.67
Accounts Payable	0.65	0.17	0.48	0.7	0.51	0.59	-0.48	-0.5		0.48	0.64	0.22	0.48	0.55	0.6	0.27	0.65	-0.16	0.61	0.72	0.57	0.63	0.01	-0.01	0.55	0.6
Cash	0.9	0.19	0.72	0.58	0.96	0.78	-0.98	-0.45	0.48		0.67	0.58	1.0	0.27	0.62	0.46	0.8	-0.4	0.9	0.68	0.91	0.91	-0.13	-0.01	0.44	0.65
Non Current Assets Total	0.83	0.2	0.73	0.67	0.77	0.81	-0.66	-0.06	0.64	0.67		0.55	0.66	0.63	0.42	0.24	0.69	-0.34	0.55	0.67	0.7	0.78	-0.06	0.45	0.3	0.42
Non Currrent Assets Other	0.57	0.14	0.71	0.34	0.56	0.44	-0.57	-0.06	0.22	0.58	0.55		0.58	0.11	0.23	0.39	0.34	-0.71	0.41	0.44	0.59	0.56	-0.24	0.21	0.11	0.26
Cash And Short Term Investments	0.9	0.2	0.72	0.58	0.96	0.77	-0.98	-0.46	0.48	1.0	0.66	0.58		0.27	0.62	0.46	0.8	-0.41	0.9	0.68	0.92	0.91	-0.12	-0.02	0.44	0.65
Net Receivables	0.49	0.4	0.47	0.67	0.44	0.46	-0.21	0.14	0.55	0.27	0.63	0.11	0.27		-0.09	-0.26	0.47	-0.47	0.24	0.49	0.41	0.46	0.35	0.51	-0.21	-0.1
Common Stock Shares Outstanding	0.64	0.09	0.43	0.55	0.45	0.49	-0.64	-0.68	0.6	0.62	0.42	0.23	0.62	-0.09		0.58	0.42	0.18	0.64	0.7	0.47	0.66	-0.04	-0.48	0.98	1.0
Non Current Liabilities Total	0.35	0.11	0.24	0.13	0.3	0.36	-0.45	-0.5	0.27	0.46	0.24	0.39	0.46	-0.26	0.58		0.26	-0.03	0.46	0.49	0.39	0.36	-0.29	-0.38	0.55	0.59
Inventory	0.69	0.11	0.56	0.56	0.87	0.89	-0.77	-0.51	0.65	0.8	0.69	0.34	0.8	0.47	0.42	0.26		-0.33	0.9	0.59	0.89	0.68	-0.09	0.14	0.27	0.42
Other Current Assets	-0.39	-0.42	-0.6	-0.44	-0.44	-0.34	0.32	-0.01	-0.16	-0.4	-0.34	-0.71	-0.41	-0.47	0.18	-0.03	-0.33		-0.31	-0.39	-0.52	-0.38	-0.16	-0.21	0.33	0.15
Other Stockholder Equity	0.73	0.26	0.53	0.58	0.85	0.84	-0.85	-0.75	0.61	0.9	0.55	0.41	0.9	0.24	0.64	0.46	0.9	-0.31		0.68	0.93	0.74	-0.01	-0.22	0.49	0.66
Total Liab	0.78	0.53	0.73	0.93	0.59	0.72	-0.62	-0.54	0.72	0.68	0.67	0.44	0.68	0.49	0.7	0.49	0.59	-0.39	0.68		0.68	0.77	0.33	-0.22	0.59	0.69
Property Plant And Equipment Gross	0.8	0.36	0.62	0.61	0.92	0.88	-0.85	-0.53	0.57	0.91	0.7	0.59	0.92	0.41	0.47	0.39	0.89	-0.52	0.93	0.68		0.79	0.02	0.03	0.28	0.49
Total Current Assets	1.0	0.19	0.83	0.72	0.89	0.67	-0.91	-0.27	0.63	0.91	0.78	0.56	0.91	0.46	0.66	0.36	0.68	-0.38	0.74	0.77	0.79		-0.08	0.12	0.5	0.68
Short Term Debt	-0.08	0.84	-0.11	0.49	-0.17	0.12	0.28	-0.2	0.01	-0.13	-0.06	-0.24	-0.12	0.35	-0.04	-0.29	-0.09	-0.16	-0.01	0.33	0.02	-0.08		-0.36	-0.06	-0.07
Intangible Assets	0.16	-0.32	0.26	-0.09	0.24	0.06	-0.04	0.75	-0.01	-0.01	0.45	0.21	-0.02	0.51	-0.48	-0.38	0.14	-0.21	-0.22	-0.22	0.03	0.12	-0.36		-0.53	-0.48
Common Stock Total Equity	0.48	0.0	0.3	0.44	0.26	0.36	-0.48	-0.65	0.55	0.44	0.3	0.11	0.44	-0.21	0.98	0.55	0.27	0.33	0.49	0.59	0.28	0.5	-0.06	-0.53		0.96
Common Stock	0.67	0.07	0.45	0.54	0.48	0.48	-0.68	-0.67	0.6	0.65	0.42	0.26	0.65	-0.1	1.0	0.59	0.42	0.15	0.66	0.69	0.49	0.68	-0.07	-0.48	0.96

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EDAP TMS Account Relationship Matchups

EDAP TMS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.1M	55.2M	77.2M	101.1M	91.5M	50.7M
Short Long Term Debt Total	8.7M	5.4M	8.2M	6.7M	8.4M	7.5M
Other Current Liab	4.2M	11.9M	9.0M	11.9M	11.1M	6.0M
Total Current Liabilities	17.5M	21.5M	18.0M	21.7M	27.6M	16.2M
Total Stockholder Equity	27.4M	26.2M	50.1M	71.6M	56.9M	59.8M
Property Plant And Equipment Net	6.7M	5.6M	5.2M	6.0M	8.2M	8.6M
Net Debt	(12.2M)	(19.3M)	(39.0M)	(56.5M)	(35.0M)	(33.3M)
Retained Earnings	(38.4M)	(40.1M)	(39.4M)	(42.4M)	(63.5M)	(60.4M)
Accounts Payable	6.0M	5.7M	5.5M	6.6M	11.2M	5.7M
Cash	20.9M	24.7M	47.2M	63.1M	43.5M	45.6M
Non Current Assets Total	11.0M	9.8M	9.8M	10.6M	13.1M	8.8M
Non Currrent Assets Other	640K	1.8M	2.3M	1.4M	1.4M	1.2M
Cash And Short Term Investments	20.9M	24.7M	47.2M	63.1M	43.5M	45.6M
Net Receivables	12.6M	12.3M	10.2M	14.9M	19.2M	13.6M
Common Stock Shares Outstanding	29.6M	29.1M	32.4M	34.4M	37.0M	19.3M
Liabilities And Stockholders Equity	53.1M	55.2M	77.2M	101.1M	91.5M	50.7M
Non Current Liabilities Total	8.2M	7.4M	9.2M	7.8M	7.0M	7.3M
Inventory	8.2M	8.0M	7.5M	11.8M	15.1M	15.9M
Other Current Assets	21.2M	369K	2.5M	660K	659K	626.1K
Other Stockholder Equity	65.4M	65.6M	88.7M	113.1M	120.1M	126.1M
Total Liab	25.7M	28.9M	27.2M	29.5M	34.6M	23.5M
Property Plant And Equipment Gross	6.7M	5.6M	15.1M	15.7M	18.6M	19.5M
Total Current Assets	42.1M	45.4M	67.4M	90.5M	78.5M	41.9M
Accumulated Other Comprehensive Income	(3.4M)	(3.1M)	(3.6M)	(3.8M)	(4.5M)	(4.3M)
Short Term Debt	5.3M	3.8M	2.9M	3.0M	5.1M	3.6M
Intangible Assets	770K	760K	728K	724K	1.1M	1.1M
Common Stock	3.8M	3.8M	4.4M	4.8M	4.9M	2.6M
Current Deferred Revenue	1.9M	2.7M	3.4M	4.1M	83.8K	79.6K
Other Liab	4.8M	4.9M	4.6M	3.0M	3.4M	4.3M
Long Term Debt	957K	1.1M	4.9M	3.6M	2.0M	3.2M
Property Plant Equipment	6.7M	5.6M	5.2M	6.0M	6.9M	4.3M
Net Tangible Assets	24.2M	23.1M	46.9M	68.5M	78.8M	82.7M
Short Long Term Debt	4.0M	2.6M	1.9M	1.8M	4.0M	2.7M

Pair Trading with EDAP TMS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EDAP TMS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EDAP TMS will appreciate offsetting losses from the drop in the long position's value.

Moving against EDAP Stock

0.66	DOCS	Doximity	Pair Corr
0.64	VMD	Viemed Healthcare	Pair Corr
0.51	ITGR	Integer Holdings Corp	Pair Corr
0.39	FOXO	FOXO Technologies	Pair Corr

The ability to find closely correlated positions to EDAP TMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDAP TMS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EDAP TMS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EDAP TMS SA to buy it.

The correlation of EDAP TMS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EDAP TMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDAP TMS SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for EDAP TMS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for EDAP Stock Analysis

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

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