Helius Operating Profit Margin vs Gross Profit Margin Analysis

HSDT Stock  USD 0.49  0.03  6.52%   
Helius Medical financial indicator trend analysis is much more than just examining Helius Medical Techn latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helius Medical Techn is a good investment. Please check the relationship between Helius Medical Operating Profit Margin and its Gross Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Operating Profit Margin vs Gross Profit Margin

Operating Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helius Medical Techn Operating Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Helius Medical's Operating Profit Margin and Gross Profit Margin is -0.55. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Helius Medical Technologies, assuming nothing else is changed. The correlation between historical values of Helius Medical's Operating Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Helius Medical Technologies are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Operating Profit Margin i.e., Helius Medical's Operating Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Profit Margin

Gross Profit Margin

Most indicators from Helius Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helius Medical Techn 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Helius Medical's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.02 in 2024, despite the fact that Enterprise Value is likely to grow to (225.7 K).

Helius Medical fundamental ratios Correlations

-0.19-0.14-0.15-0.180.170.30.21-0.18-0.190.240.26-0.14-0.23-0.170.150.24-0.09-0.07-0.020.060.360.12-0.09-0.32-0.31
-0.190.620.740.7-0.98-0.680.350.990.99-0.180.590.770.710.990.53-0.180.610.130.450.42-0.72-0.090.330.690.71
-0.140.620.02-0.04-0.68-0.130.810.660.660.47-0.010.90.390.640.710.470.98-0.330.20.42-0.240.160.170.060.05
-0.150.740.020.89-0.69-0.62-0.230.70.69-0.70.580.140.450.710.17-0.70.040.140.240.03-0.63-0.04-0.010.740.79
-0.180.7-0.040.89-0.62-0.79-0.320.650.65-0.70.690.190.60.680.09-0.7-0.030.510.550.2-0.72-0.470.120.890.86
0.17-0.98-0.68-0.69-0.620.55-0.36-1.0-1.00.14-0.51-0.79-0.59-0.99-0.620.14-0.69-0.07-0.35-0.310.6-0.01-0.36-0.56-0.6
0.3-0.68-0.13-0.62-0.790.55-0.01-0.59-0.590.27-0.77-0.41-0.92-0.640.130.27-0.02-0.55-0.81-0.640.960.52-0.33-0.96-0.94
0.210.350.81-0.23-0.32-0.36-0.010.350.350.80.060.730.360.350.520.80.72-0.420.20.57-0.130.250.09-0.13-0.11
-0.180.990.660.70.65-1.0-0.590.351.0-0.160.530.790.621.00.6-0.160.670.110.370.33-0.63-0.070.360.590.62
-0.190.990.660.690.65-1.0-0.590.351.0-0.160.530.80.621.00.61-0.160.670.110.370.33-0.62-0.070.360.590.61
0.24-0.180.47-0.7-0.70.140.270.8-0.16-0.16-0.170.390.04-0.150.151.00.38-0.30.030.370.210.20.16-0.48-0.47
0.260.59-0.010.580.69-0.51-0.770.060.530.53-0.170.320.680.590.05-0.17-0.060.540.720.52-0.7-0.290.440.710.77
-0.140.770.90.140.19-0.79-0.410.730.790.80.390.320.630.80.620.390.860.050.430.58-0.47-0.090.490.310.29
-0.230.710.390.450.6-0.59-0.920.360.620.620.040.680.630.680.070.040.260.360.80.78-0.91-0.440.280.850.8
-0.170.990.640.710.68-0.99-0.640.351.01.0-0.150.590.80.680.57-0.150.640.150.440.39-0.67-0.10.380.640.66
0.150.530.710.170.09-0.620.130.520.60.610.150.050.620.070.570.150.8-0.3-0.01-0.050.050.20.0-0.07-0.08
0.24-0.180.47-0.7-0.70.140.270.8-0.16-0.161.0-0.170.390.04-0.150.150.38-0.30.030.370.210.20.17-0.48-0.47
-0.090.610.980.04-0.03-0.69-0.020.720.670.670.38-0.060.860.260.640.80.38-0.340.10.26-0.120.190.15-0.02-0.02
-0.070.13-0.330.140.51-0.07-0.55-0.420.110.11-0.30.540.050.360.15-0.3-0.3-0.340.570.29-0.33-0.780.610.50.43
-0.020.450.20.240.55-0.35-0.810.20.370.370.030.720.430.80.44-0.010.030.10.570.8-0.73-0.60.30.720.69
0.060.420.420.030.2-0.31-0.640.570.330.330.370.520.580.780.39-0.050.370.260.290.8-0.61-0.330.340.490.48
0.36-0.72-0.24-0.63-0.720.60.96-0.13-0.63-0.620.21-0.7-0.47-0.91-0.670.050.21-0.12-0.33-0.73-0.610.36-0.22-0.93-0.92
0.12-0.090.16-0.04-0.47-0.010.520.25-0.07-0.070.2-0.29-0.09-0.44-0.10.20.20.19-0.78-0.6-0.330.36-0.16-0.52-0.3
-0.090.330.17-0.010.12-0.36-0.330.090.360.360.160.440.490.280.380.00.170.150.610.30.34-0.22-0.160.170.24
-0.320.690.060.740.89-0.56-0.96-0.130.590.59-0.480.710.310.850.64-0.07-0.48-0.020.50.720.49-0.93-0.520.170.95
-0.310.710.050.790.86-0.6-0.94-0.110.620.61-0.470.770.290.80.66-0.08-0.47-0.020.430.690.48-0.92-0.30.240.95
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Helius Medical Account Relationship Matchups

Helius Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding15.1K24.0K49.1K269.9K607.9K577.5K
Total Assets10.3M6.5M14.1M17.3M7.7M9.9M
Total Current Liabilities3.8M2.4M2.7M2.0M1.9M1.8M
Total Stockholder Equity5.8M3.9M11.3M8.2M2.4M2.9M
Net Tangible Assets4.0M3.9M10.2M8.0M9.2M9.7M
Net Debt(4.8M)(3.2M)(11.0M)(14.4M)(5.1M)(5.4M)
Retained Earnings(104.8M)(118.9M)(137.0M)(151.1M)(160.0M)(152.0M)
Accounts Payable1.7M747K1.1M627K531K504.5K
Cash5.5M3.3M11.0M14.5M5.2M7.6M
Cash And Short Term Investments5.5M3.3M11.0M14.5M5.2M7.7M
Common Stock Total Equity52.2M26K31K1K900.0855.0
Liabilities And Stockholders Equity10.3M6.5M14.1M17.3M7.7M9.9M
Other Current Assets610K735K862K1.2M1.0M777.2K
Total Liab4.5M2.7M2.8M9.1M5.3M7.1M
Total Current Assets7.2M4.7M12.6M16.7M7.4M9.1M
Short Term Debt172K118K6K108K90K85.5K
Common Stock26K31K1K4K28K950.0
Other Current Liab1.5M1.3M1.2M1.2M1.0M994.7K
Net Receivables574K230K251K343K637K401.2K
Non Current Liabilities Total710K252K193K7.1M3.5M2.6M
Capital Surpluse6.6M105.4M111.5M123.9M142.5M149.6M
Other Stockholder Equity111.5M123.9M149.4M159.6M163.0M91.3M
Accumulated Other Comprehensive Income(902K)(1.1M)(1.1M)(388K)(673K)(706.7K)
Non Current Assets Total3.1M1.9M1.5M590K254K241.3K
Property Plant And Equipment Net1.3M576K412K450K230K418.2K
Net Invested Capital5.8M3.9M11.3M8.2M2.4M2.2M
Property Plant And Equipment Gross1.3M576K412K450K589K631.4K
Net Working Capital3.4M2.3M9.9M14.7M5.6M5.8M
Property Plant Equipment1.3M486K412K450K517.5K612.2K
Inventory598K389K476K589K457K531.9K

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Additional Tools for Helius Stock Analysis

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