Hyperfine Net Debt vs Common Stock Shares Outstanding Analysis

HYPR Stock

USD 0.98 0 0.12%

Hyperfine financial indicator trend analysis is much more than just examining Hyperfine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyperfine is a good investment. Please check the relationship between Hyperfine Net Debt and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyperfine. 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.

To learn how to invest in Hyperfine Stock, please use our How to Invest in Hyperfine guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hyperfine Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.

The correlation between Hyperfine's Net Debt and Common Stock Shares Outstanding is 0.05. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hyperfine, assuming nothing else is changed. The correlation between historical values of Hyperfine's Net Debt and Common Stock Shares Outstanding 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 Debt of Hyperfine are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Hyperfine's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Hyperfine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hyperfine 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 Hyperfine. 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.

To learn how to invest in Hyperfine Stock, please use our How to Invest in Hyperfine guide.As of 11/28/2024, Selling General Administrative is likely to drop to about 20.2 M. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Interest Income	18K	761K	3.5M	3.7M
Net Interest Income	18K	761K	3.5M	3.7M

Interest Income Net Interest Income

Hyperfine fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.99	0.99	0.95	0.91	0.96	-0.99	-0.73	0.42	1.0	0.89	-0.76	-0.57	1.0	0.45	-0.05	-0.73	0.9	0.93	-0.67	0.95	0.89	1.0	1.0	0.92	0.51
Other Current Liab	0.99		0.99	0.98	0.94	0.94	-0.98	-0.74	0.47	0.98	0.9	-0.66	-0.55	0.98	0.48	0.1	-0.81	0.83	0.97	-0.76	0.98	0.88	0.99	0.99	0.91	0.54
Total Current Liabilities	0.99	0.99		0.96	0.94	0.96	-0.97	-0.76	0.48	0.98	0.91	-0.66	-0.63	0.98	0.51	0.01	-0.78	0.87	0.96	-0.72	0.96	0.9	0.99	0.98	0.94	0.6
Total Stockholder Equity	0.95	0.98	0.96		0.96	0.92	-0.94	-0.79	0.4	0.94	0.92	-0.55	-0.53	0.94	0.56	0.23	-0.89	0.78	0.99	-0.85	1.0	0.9	0.95	0.94	0.91	0.6
Net Tangible Assets	0.91	0.94	0.94	0.96		0.93	-0.86	-0.9	0.31	0.89	0.96	-0.45	-0.71	0.89	0.74	0.21	-0.93	0.79	0.98	-0.89	0.96	0.93	0.91	0.9	0.92	0.77
Property Plant And Equipment Net	0.96	0.94	0.96	0.92	0.93		-0.92	-0.87	0.22	0.94	0.97	-0.69	-0.7	0.94	0.62	-0.13	-0.74	0.96	0.93	-0.69	0.92	0.98	0.95	0.95	0.99	0.68
Net Debt	-0.99	-0.98	-0.97	-0.94	-0.86	-0.92		0.64	-0.49	-0.99	-0.84	0.78	0.46	-0.99	-0.33	0.05	0.68	-0.86	-0.92	0.62	-0.94	-0.84	-0.99	-0.99	-0.89	-0.41
Retained Earnings	-0.73	-0.74	-0.76	-0.79	-0.9	-0.87	0.64		0.09	-0.69	-0.94	0.32	0.82	-0.69	-0.93	-0.07	0.83	-0.78	-0.82	0.81	-0.79	-0.94	-0.72	-0.72	-0.89	-0.9
Accounts Payable	0.42	0.47	0.48	0.4	0.31	0.22	-0.49	0.09		0.45	0.1	-0.17	-0.1	0.45	-0.26	0.22	-0.24	0.08	0.41	-0.2	0.4	0.11	0.42	0.42	0.21	0.0
Cash	1.0	0.98	0.98	0.94	0.89	0.94	-0.99	-0.69	0.45		0.86	-0.77	-0.53	1.0	0.41	-0.05	-0.71	0.88	0.92	-0.65	0.94	0.85	1.0	1.0	0.89	0.46
Non Current Assets Total	0.89	0.9	0.91	0.92	0.96	0.97	-0.84	-0.94	0.1	0.86		-0.53	-0.71	0.86	0.76	0.03	-0.84	0.89	0.94	-0.81	0.92	0.99	0.89	0.88	0.98	0.78
Non Currrent Assets Other	-0.76	-0.66	-0.66	-0.55	-0.45	-0.69	0.78	0.32	-0.17	-0.77	-0.53		0.2	-0.77	0.01	0.56	0.16	-0.82	-0.49	0.09	-0.55	-0.55	-0.76	-0.77	-0.61	0.01
Other Assets	-0.57	-0.55	-0.63	-0.53	-0.71	-0.7	0.46	0.82	-0.1	-0.53	-0.71	0.2		-0.53	-0.8	0.17	0.54	-0.66	-0.59	0.51	-0.53	-0.74	-0.56	-0.55	-0.73	-0.9
Cash And Short Term Investments	1.0	0.98	0.98	0.94	0.89	0.94	-0.99	-0.69	0.45	1.0	0.86	-0.77	-0.53		0.41	-0.05	-0.71	0.88	0.92	-0.65	0.94	0.85	1.0	1.0	0.89	0.46
Net Receivables	0.45	0.48	0.51	0.56	0.74	0.62	-0.33	-0.93	-0.26	0.41	0.76	0.01	-0.8	0.41		0.21	-0.76	0.52	0.61	-0.77	0.56	0.74	0.44	0.44	0.66	0.92
Common Stock Shares Outstanding	-0.05	0.1	0.01	0.23	0.21	-0.13	0.05	-0.07	0.22	-0.05	0.03	0.56	0.17	-0.05	0.21		-0.55	-0.4	0.23	-0.6	0.23	-0.05	-0.06	-0.06	-0.11	0.13
Non Current Liabilities Total	-0.73	-0.81	-0.78	-0.89	-0.93	-0.74	0.68	0.83	-0.24	-0.71	-0.84	0.16	0.54	-0.71	-0.76	-0.55		-0.53	-0.9	1.0	-0.89	-0.79	-0.73	-0.72	-0.74	-0.72
Other Current Assets	0.9	0.83	0.87	0.78	0.79	0.96	-0.86	-0.78	0.08	0.88	0.89	-0.82	-0.66	0.88	0.52	-0.4	-0.53		0.78	-0.47	0.78	0.91	0.9	0.9	0.93	0.56
Other Stockholder Equity	0.93	0.97	0.96	0.99	0.98	0.93	-0.92	-0.82	0.41	0.92	0.94	-0.49	-0.59	0.92	0.61	0.23	-0.9	0.78		-0.86	0.99	0.92	0.93	0.93	0.92	0.67
Total Liab	-0.67	-0.76	-0.72	-0.85	-0.89	-0.69	0.62	0.81	-0.2	-0.65	-0.81	0.09	0.51	-0.65	-0.77	-0.6	1.0	-0.47	-0.86		-0.85	-0.75	-0.67	-0.66	-0.7	-0.71
Net Invested Capital	0.95	0.98	0.96	1.0	0.96	0.92	-0.94	-0.79	0.4	0.94	0.92	-0.55	-0.53	0.94	0.56	0.23	-0.89	0.78	0.99	-0.85		0.9	0.95	0.95	0.91	0.6
Property Plant And Equipment Gross	0.89	0.88	0.9	0.9	0.93	0.98	-0.84	-0.94	0.11	0.85	0.99	-0.55	-0.74	0.85	0.74	-0.05	-0.79	0.91	0.92	-0.75	0.9		0.88	0.88	0.99	0.79
Total Current Assets	1.0	0.99	0.99	0.95	0.91	0.95	-0.99	-0.72	0.42	1.0	0.89	-0.76	-0.56	1.0	0.44	-0.06	-0.73	0.9	0.93	-0.67	0.95	0.88		1.0	0.92	0.5
Net Working Capital	1.0	0.99	0.98	0.94	0.9	0.95	-0.99	-0.72	0.42	1.0	0.88	-0.77	-0.55	1.0	0.44	-0.06	-0.72	0.9	0.93	-0.66	0.95	0.88	1.0		0.91	0.49
Property Plant Equipment	0.92	0.91	0.94	0.91	0.92	0.99	-0.89	-0.89	0.21	0.89	0.98	-0.61	-0.73	0.89	0.66	-0.11	-0.74	0.93	0.92	-0.7	0.91	0.99	0.92	0.91		0.75
Short Long Term Debt Total	0.51	0.54	0.6	0.6	0.77	0.68	-0.41	-0.9	0.0	0.46	0.78	0.01	-0.9	0.46	0.92	0.13	-0.72	0.56	0.67	-0.71	0.6	0.79	0.5	0.49	0.75

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Hyperfine Account Relationship Matchups

Pair Trading with Hyperfine

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 Hyperfine 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 Hyperfine will appreciate offsetting losses from the drop in the long position's value.

Moving against Hyperfine Stock

0.62	LNSR	LENSAR Inc	Pair Corr
0.57	CAH	Cardinal Health	Pair Corr
0.52	LH	Laboratory	Pair Corr
0.48	WGS	GeneDx Holdings Corp	Pair Corr
0.47	VMD	Viemed Healthcare	Pair Corr

The ability to find closely correlated positions to Hyperfine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyperfine 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 Hyperfine - 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 Hyperfine to buy it.

The correlation of Hyperfine 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 Hyperfine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyperfine 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 Hyperfine 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 Hyperfine Stock Analysis

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

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Hyperfine Net Debt vs Common Stock Shares Outstanding Analysis

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock Shares Outstanding

Hyperfine fundamental ratios Correlations

Hyperfine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Hyperfine

Moving against Hyperfine Stock

Additional Tools for Hyperfine Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Net Working Capital	- 0.99	Net Debt
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Assets
Net Debt	- 0.98	Other Current Liab