Icad Depreciation vs Change In Cash Analysis

ICAD Stock

USD 3.42 0.09 2.70%

Icad financial indicator trend analysis is infinitely more than just investigating icad inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether icad inc is a good investment. Please check the relationship between Icad Depreciation and its Change In Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad inc. 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.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of icad inc Depreciation account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Icad's Depreciation and Change In Cash is -0.09. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash in the same time period over historical financial statements of icad inc, assuming nothing else is changed. The correlation between historical values of Icad's Depreciation and Change In 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 Depreciation of icad inc are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., Icad's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of icad inc value has been used up. For tax purposes Icad can deduct the cost of the tangible assets it purchases as business expenses. However, icad inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Cash

Most indicators from Icad's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into icad inc 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 icad inc. 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 present, Icad's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.53, whereas Enterprise Value Over EBITDA is forecasted to decline to (6.75).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	33.7M	22.2M	22.9M	20.1M
Cost Of Revenue	8.1M	2.8M	3.0M	5.9M

Total Operating Expenses Cost Of Revenue

Icad 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	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	Intangible Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.28	0.31	0.75	0.85	0.6	-0.42	-0.13	0.71	0.75	0.1	0.71	0.54	0.16	0.1	0.2	0.08	0.28	0.47	0.46	0.68	0.59	0.48	0.07	0.11	0.1
Short Long Term Debt Total	0.28		0.52	0.64	-0.19	0.05	0.64	0.29	-0.07	0.5	-0.14	-0.07	0.18	-0.4	0.85	-0.14	-0.16	-0.32	0.86	-0.27	-0.07	0.54	0.82	0.07	0.06	0.04
Other Current Liab	0.31	0.52		0.61	0.0	0.51	0.2	-0.11	0.21	0.16	-0.21	0.21	0.3	0.04	0.45	0.55	0.67	0.08	0.6	0.33	0.34	0.1	0.35	0.17	0.0	-0.02
Total Current Liabilities	0.75	0.64	0.61		0.36	0.37	0.08	0.0	0.45	0.61	-0.16	0.45	0.64	-0.07	0.49	0.29	0.1	0.05	0.83	0.15	0.5	0.49	0.68	0.17	-0.12	-0.14
Total Stockholder Equity	0.85	-0.19	0.0	0.36		0.58	-0.77	-0.28	0.71	0.54	0.21	0.71	0.39	0.37	-0.41	0.21	0.13	0.46	-0.07	0.6	0.67	0.37	0.09	-0.08	0.32	0.32
Property Plant And Equipment Net	0.6	0.05	0.51	0.37	0.58		-0.43	-0.24	0.58	0.27	-0.05	0.58	0.33	0.31	-0.06	0.4	0.52	0.33	0.16	0.65	0.6	0.12	0.12	0.07	0.15	0.15
Net Debt	-0.42	0.64	0.2	0.08	-0.77	-0.43		0.56	-0.74	0.11	-0.4	-0.74	-0.41	-0.67	0.72	-0.26	-0.18	-0.67	0.49	-0.74	-0.72	0.27	0.52	-0.01	-0.25	-0.26
Retained Earnings	-0.13	0.29	-0.11	0.0	-0.28	-0.24	0.56		-0.51	0.4	-0.18	-0.51	-0.54	-0.98	0.4	-0.03	-0.35	-0.98	0.23	-0.46	-0.57	0.6	0.5	0.45	-0.2	-0.22
Cash	0.71	-0.07	0.21	0.45	0.71	0.58	-0.74	-0.51		0.12	0.34	1.0	0.79	0.54	-0.12	0.3	0.17	0.59	0.15	0.75	0.98	-0.07	-0.08	0.17	0.0	0.01
Non Current Assets Total	0.75	0.5	0.16	0.61	0.54	0.27	0.11	0.4	0.12		-0.09	0.12	0.01	-0.4	0.31	-0.04	-0.14	-0.27	0.51	-0.06	0.05	0.96	0.8	-0.04	0.14	0.14
Non Currrent Assets Other	0.1	-0.14	-0.21	-0.16	0.21	-0.05	-0.4	-0.18	0.34	-0.09		0.34	0.17	0.23	-0.12	-0.18	-0.32	0.2	-0.16	0.19	0.26	-0.08	-0.27	0.34	0.26	0.27
Cash And Short Term Investments	0.71	-0.07	0.21	0.45	0.71	0.58	-0.74	-0.51	1.0	0.12	0.34		0.79	0.54	-0.12	0.3	0.17	0.59	0.15	0.75	0.98	-0.07	-0.08	0.17	0.0	0.01
Net Receivables	0.54	0.18	0.3	0.64	0.39	0.33	-0.41	-0.54	0.79	0.01	0.17	0.79		0.49	0.07	0.23	0.07	0.55	0.37	0.45	0.84	-0.16	0.04	0.14	-0.07	-0.07
Common Stock Shares Outstanding	0.16	-0.4	0.04	-0.07	0.37	0.31	-0.67	-0.98	0.54	-0.4	0.23	0.54	0.49		-0.5	0.02	0.33	0.99	-0.32	0.54	0.59	-0.59	-0.56	-0.38	0.23	0.25
Non Current Liabilities Total	0.1	0.85	0.45	0.49	-0.41	-0.06	0.72	0.4	-0.12	0.31	-0.12	-0.12	0.07	-0.5		-0.16	-0.17	-0.47	0.88	-0.35	-0.13	0.39	0.66	0.3	-0.42	-0.43
Inventory	0.2	-0.14	0.55	0.29	0.21	0.4	-0.26	-0.03	0.3	-0.04	-0.18	0.3	0.23	0.02	-0.16		0.63	0.04	0.02	0.49	0.43	-0.12	-0.05	0.3	0.0	-0.02
Other Current Assets	0.08	-0.16	0.67	0.1	0.13	0.52	-0.18	-0.35	0.17	-0.14	-0.32	0.17	0.07	0.33	-0.17	0.63		0.34	-0.06	0.44	0.3	-0.24	-0.26	-0.18	0.04	0.04
Other Stockholder Equity	0.28	-0.32	0.08	0.05	0.46	0.33	-0.67	-0.98	0.59	-0.27	0.2	0.59	0.55	0.99	-0.47	0.04	0.34		-0.24	0.53	0.64	-0.48	-0.46	-0.43	0.25	0.26
Total Liab	0.47	0.86	0.6	0.83	-0.07	0.16	0.49	0.23	0.15	0.51	-0.16	0.15	0.37	-0.32	0.88	0.02	-0.06	-0.24		-0.15	0.17	0.5	0.77	0.27	-0.33	-0.35
Property Plant And Equipment Gross	0.46	-0.27	0.33	0.15	0.6	0.65	-0.74	-0.46	0.75	-0.06	0.19	0.75	0.45	0.54	-0.35	0.49	0.44	0.53	-0.15		0.77	-0.19	-0.23	0.18	0.22	0.22
Total Current Assets	0.68	-0.07	0.34	0.5	0.67	0.6	-0.72	-0.57	0.98	0.05	0.26	0.98	0.84	0.59	-0.13	0.43	0.3	0.64	0.17	0.77		-0.14	-0.11	0.17	0.0	0.0
Intangible Assets	0.59	0.54	0.1	0.49	0.37	0.12	0.27	0.6	-0.07	0.96	-0.08	-0.07	-0.16	-0.59	0.39	-0.12	-0.24	-0.48	0.5	-0.19	-0.14		0.82	0.05	0.13	0.12
Short Term Debt	0.48	0.82	0.35	0.68	0.09	0.12	0.52	0.5	-0.08	0.8	-0.27	-0.08	0.04	-0.56	0.66	-0.05	-0.26	-0.46	0.77	-0.23	-0.11	0.82		0.08	0.01	-0.01
Accounts Payable	0.07	0.07	0.17	0.17	-0.08	0.07	-0.01	0.45	0.17	-0.04	0.34	0.17	0.14	-0.38	0.3	0.3	-0.18	-0.43	0.27	0.18	0.17	0.05	0.08		-0.33	-0.35
Common Stock Total Equity	0.11	0.06	0.0	-0.12	0.32	0.15	-0.25	-0.2	0.0	0.14	0.26	0.0	-0.07	0.23	-0.42	0.0	0.04	0.25	-0.33	0.22	0.0	0.13	0.01	-0.33		1.0
Common Stock	0.1	0.04	-0.02	-0.14	0.32	0.15	-0.26	-0.22	0.01	0.14	0.27	0.01	-0.07	0.25	-0.43	-0.02	0.04	0.26	-0.35	0.22	0.0	0.12	-0.01	-0.35	1.0

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Icad Account Relationship Matchups

Icad fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	55.6M	62.2M	51.7M	41.4M	37.5M	43.2M
Short Long Term Debt Total	8.8M	1.2M	3.4M	461K	362K	343.9K
Other Current Liab	7.0M	5.6M	11.8M	2.4M	2.6M	3.7M
Total Current Liabilities	16.8M	15.0M	13.5M	6.7M	7.6M	9.3M
Total Stockholder Equity	30.5M	46.5M	34.9M	33.4M	28.7M	28.8M
Property Plant And Equipment Net	2.5M	1.9M	4.4M	2.3M	1.9M	2.1M
Net Debt	(18.4M)	(33.1M)	(17.9M)	(21.2M)	(16.8M)	(16.0M)
Retained Earnings	(241.9M)	(253.2M)	(266.8M)	(271.7M)	(277.3M)	(263.4M)
Cash	27.2M	34.3M	21.3M	21.7M	17.2M	9.7M
Non Current Assets Total	13.3M	11.9M	13.5M	11.7M	11.1M	10.6M
Non Currrent Assets Other	1.5M	899K	54K	849K	757K	425.9K
Cash And Short Term Investments	27.2M	34.3M	21.3M	21.7M	17.2M	9.7M
Net Receivables	10.5M	10.8M	6.5M	6.4M	7.2M	5.7M
Common Stock Shares Outstanding	22.1M	24.8M	25.2M	25.6M	26.4M	27.7M
Liabilities And Stockholders Equity	55.6M	62.2M	51.7M	41.4M	37.5M	43.2M
Non Current Liabilities Total	8.3M	712K	3.4M	1.3M	1.3M	1.2M
Inventory	3.1M	4.2M	5.4M	917K	756K	718.2K
Other Current Assets	1.5M	1.1M	9.2M	699K	1.3M	997.0K
Other Stockholder Equity	272.2M	299.4M	301.5M	304.8M	305.7M	321.0M
Total Liab	25.1M	15.7M	16.8M	8.0M	8.9M	14.4M
Property Plant And Equipment Gross	2.5M	8.0M	6.6M	3.3M	3.4M	2.4M
Total Current Assets	42.3M	50.3M	38.2M	29.7M	26.4M	20.1M
Intangible Assets	889K	683K	482K	148K	101K	96.0K
Short Term Debt	726K	889K	217K	188K	229K	217.6K
Accounts Payable	2.9M	2.8M	1.4M	712K	1.1M	1.6M
Common Stock Total Equity	171K	196K	236K	253K	227.7K	216.1K
Common Stock	236K	253K	254K	265K	238.5K	215.3K
Other Assets	3.3M	899K	185K	1.0	1.15	1.09
Property Plant Equipment	551K	2.5M	1.9M	4.4M	5.1M	5.4M
Current Deferred Revenue	6.1M	5.7M	6.2M	3.4M	3.9M	4.6M
Other Liab	361K	359K	271K	446K	401.4K	381.3K
Net Tangible Assets	(4.5M)	21.3M	37.5M	26.1M	23.5M	16.2M
Non Current Liabilities Other	7.0M	13.6M	266K	17K	19.6K	18.6K

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When determining whether icad inc is a strong investment it is important to analyze Icad'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 Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports:

How To Invest In Icad

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Is Icad Stock a good investment?

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What is Icad's Net Worth?

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Largest Health Care Technology Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad inc. 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.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Health Care Technology 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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.21)

Revenue Per Share

0.744

Quarterly Revenue Growth

0.141

Return On Assets

(0.1)

Return On Equity

(0.18)

The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.

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Icad Depreciation vs Change In Cash Analysis

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

Correlation Coefficient

Depreciation

Change In Cash

Icad fundamental ratios Correlations

Icad Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Icad fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Intangible Assets	+ 0.96	Non Current Assets Total

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Net Debt	- 0.77	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.74	Net Debt
Cash And Short Term Investments	- 0.74	Net Debt
Cash	- 0.74	Net Debt