Icecure Net Income From Continuing Ops vs Interest Expense Analysis
ICCM Stock | USD 0.71 0.11 18.33% |
Icecure Medical financial indicator trend analysis is infinitely more than just investigating Icecure Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Icecure Medical is a good investment. Please check the relationship between Icecure Medical Net Income From Continuing Ops and its Interest Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icecure Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.
Net Income From Continuing Ops vs Interest Expense
Net Income From Continuing Ops vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Icecure Medical Net Income From Continuing Ops account and Interest Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Icecure Medical's Net Income From Continuing Ops and Interest Expense is 0.35. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Icecure Medical, assuming nothing else is changed. The correlation between historical values of Icecure Medical's Net Income From Continuing Ops and Interest Expense 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 Income From Continuing Ops of Icecure Medical are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income From Continuing Ops i.e., Icecure Medical's Net Income From Continuing Ops and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income From Continuing Ops
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Icecure Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Icecure Medical 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 Icecure Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.As of the 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.56, while Selling General Administrative is likely to drop about 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 11.9M | 18.2M | 16.9M | 17.7M | Cost Of Revenue | 1.9M | 1.6M | 1.9M | 1.1M |
Icecure Medical fundamental ratios Correlations
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Icecure Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Icecure Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 13.6M | 17.1M | 28.5M | 37.0M | 45.6M | 47.9M | |
Total Assets | 7.3M | 10.3M | 32.3M | 30.2M | 16.4M | 12.7M | |
Other Current Liab | 1.1M | 3.1M | 2.0M | 2.8M | 3.0M | 1.8M | |
Total Current Liabilities | 3.6M | 3.9M | 4.0M | 4.3M | 3.9M | 2.7M | |
Total Stockholder Equity | 2.6M | 4.6M | 27.0M | 25.4M | 12.2M | 9.1M | |
Property Plant And Equipment Net | 377.4K | 621.7K | 1.6M | 2.0M | 2.2M | 2.3M | |
Net Debt | (5.5M) | (3.2M) | (24.7M) | (23.1M) | (9.9M) | (10.4M) | |
Retained Earnings | (48.5M) | (57.0M) | (58.4M) | (75.4M) | (90.1M) | (85.6M) | |
Accounts Payable | 425.7K | 645K | 881K | 714K | 502K | 452.6K | |
Cash | 5.8M | 3.5M | 25.6M | 23.7M | 10.5M | 9.3M | |
Non Current Assets Total | 417.6K | 658.4K | 2.0M | 2.1M | 2.2M | 2.3M | |
Non Currrent Assets Other | 19.9K | 36.7K | 333K | 34K | 39.1K | 67.8K | |
Cash And Short Term Investments | 5.8M | 3.5M | 25.6M | 23.7M | 11.1M | 9.4M | |
Net Receivables | 104.8K | 165K | 771K | 366K | 103K | 108.2K | |
Liabilities And Stockholders Equity | 7.3M | 10.3M | 32.3M | 30.2M | 16.4M | 12.7M | |
Non Current Liabilities Total | 1.1M | 1.8M | 1.3M | 430K | 376K | 357.2K | |
Inventory | 717.3K | 1.1M | 2.0M | 2.9M | 2.3M | 1.2M | |
Other Current Assets | 301.1K | 5.0M | 2.0M | 1.2M | 965K | 1.4M | |
Other Stockholder Equity | 45.4M | 62.6M | 85.4M | 100.8M | 102.2M | 62.7M | |
Total Liab | 4.7M | 5.8M | 5.3M | 4.8M | 4.2M | 3.6M | |
Total Current Assets | 6.9M | 9.7M | 30.3M | 28.1M | 14.2M | 11.8M | |
Common Stock | 1.3M | 2.7M | 3.5M | 5.0M | 5.8M | 6.1M | |
Other Assets | 139K | 118K | 333K | 34K | 39.1K | 37.1K | |
Other Liab | 2.7M | 3.3M | 5.7M | 618K | 556.2K | 528.4K | |
Net Tangible Assets | 9.1M | 14.7M | 27.0M | 25.4M | 29.2M | 16.1M | |
Net Invested Capital | 9.1M | 14.7M | 27.0M | 25.4M | 12.2M | 16.3M | |
Non Current Liabilities Other | 2.7M | 2.1M | 759K | 618K | 556.2K | 528.4K | |
Net Working Capital | 11.3M | 18.6M | 26.3M | 23.8M | 10.3M | 16.7M | |
Property Plant Equipment | 1.3M | 2.0M | 1.6M | 2.0M | 2.3M | 1.4M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icecure Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Health Care Equipment & Supplies 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 Icecure Medical. If investors know Icecure 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 Icecure Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.071 | Quarterly Revenue Growth 0.079 | Return On Assets (0.47) | Return On Equity (0.94) |
The market value of Icecure Medical is measured differently than its book value, which is the value of Icecure that is recorded on the company's balance sheet. Investors also form their own opinion of Icecure Medical's value that differs from its market value or its book value, called intrinsic value, which is Icecure Medical'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 Icecure Medical's market value can be influenced by many factors that don't directly affect Icecure Medical'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 Icecure Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icecure Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icecure Medical'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.