Icecure Property Plant Equipment vs Depreciation And Amortization Analysis

ICCM Stock  USD 0.83  0.04  5.06%   
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 Property Plant Equipment and its Depreciation And Amortization 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.

Property Plant Equipment vs Depreciation And Amortization

Property Plant Equipment vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Icecure Medical Property Plant Equipment account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Icecure Medical's Property Plant Equipment and Depreciation And Amortization is 0.47. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization 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 Property Plant Equipment and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Icecure Medical are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., Icecure Medical's Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 30th 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 Expenses11.9M18.2M16.9M17.7M
Cost Of Revenue1.9M1.6M1.9M1.1M

Icecure Medical fundamental ratios Correlations

0.740.770.790.70.97-0.7-0.990.740.680.960.280.690.71-0.140.860.110.90.720.730.94-0.48-0.50.890.520.78
0.740.70.810.990.8-0.98-0.70.880.980.840.660.990.850.130.920.280.890.761.00.75-0.2-0.480.880.50.94
0.770.70.890.630.75-0.57-0.840.780.580.750.220.590.740.260.840.550.890.860.690.85-0.44-0.070.820.370.73
0.790.810.890.730.76-0.72-0.830.90.720.770.370.730.870.350.870.440.890.980.80.91-0.58-0.10.890.660.85
0.70.990.630.730.78-0.99-0.650.830.990.820.670.990.790.050.90.210.850.670.990.68-0.11-0.560.830.440.9
0.970.80.750.760.78-0.78-0.940.720.761.00.370.770.73-0.180.880.10.890.680.790.87-0.31-0.60.870.390.78
-0.7-0.98-0.57-0.72-0.99-0.780.64-0.82-1.0-0.81-0.68-1.0-0.79-0.02-0.87-0.14-0.82-0.65-0.98-0.670.130.58-0.81-0.48-0.9
-0.99-0.7-0.84-0.83-0.65-0.940.64-0.74-0.63-0.92-0.2-0.63-0.720.08-0.85-0.17-0.9-0.76-0.69-0.950.540.39-0.89-0.53-0.76
0.740.880.780.90.830.72-0.82-0.740.820.740.580.820.80.420.850.540.850.910.880.88-0.56-0.130.920.740.97
0.680.980.580.720.990.76-1.0-0.630.820.790.681.00.80.040.870.150.820.660.990.66-0.12-0.570.810.480.9
0.960.840.750.770.821.0-0.81-0.920.740.790.440.80.76-0.140.880.110.90.70.820.87-0.28-0.610.880.40.81
0.280.660.220.370.670.37-0.68-0.20.580.680.440.680.60.350.370.220.380.410.670.340.19-0.360.460.230.59
0.690.990.590.730.990.77-1.0-0.630.821.00.80.680.80.030.880.140.830.660.990.67-0.12-0.570.820.480.9
0.710.850.740.870.790.73-0.79-0.720.80.80.760.60.80.320.770.330.810.860.850.79-0.24-0.250.760.420.79
-0.140.130.260.350.05-0.18-0.020.080.420.04-0.140.350.030.320.00.840.030.510.140.19-0.310.720.120.250.25
0.860.920.840.870.90.88-0.87-0.850.850.870.880.370.880.770.00.260.980.780.910.84-0.36-0.450.940.520.88
0.110.280.550.440.210.1-0.14-0.170.540.150.110.220.140.330.840.260.270.580.290.38-0.370.610.330.180.42
0.90.890.890.890.850.89-0.82-0.90.850.820.90.380.830.810.030.980.270.810.870.89-0.39-0.420.960.520.86
0.720.760.860.980.670.68-0.65-0.760.910.660.70.410.660.860.510.780.580.810.750.88-0.610.050.830.650.83
0.731.00.690.80.990.79-0.98-0.690.880.990.820.670.990.850.140.910.290.870.750.74-0.2-0.470.860.50.94
0.940.750.850.910.680.87-0.67-0.950.880.660.870.340.670.790.190.840.380.890.880.74-0.66-0.210.930.670.86
-0.48-0.2-0.44-0.58-0.11-0.310.130.54-0.56-0.12-0.280.19-0.12-0.24-0.31-0.36-0.37-0.39-0.61-0.2-0.66-0.34-0.52-0.83-0.48
-0.5-0.48-0.07-0.1-0.56-0.60.580.39-0.13-0.57-0.61-0.36-0.57-0.250.72-0.450.61-0.420.05-0.47-0.21-0.34-0.360.01-0.3
0.890.880.820.890.830.87-0.81-0.890.920.810.880.460.820.760.120.940.330.960.830.860.93-0.52-0.360.680.91
0.520.50.370.660.440.39-0.48-0.530.740.480.40.230.480.420.250.520.180.520.650.50.67-0.830.010.680.69
0.780.940.730.850.90.78-0.9-0.760.970.90.810.590.90.790.250.880.420.860.830.940.86-0.48-0.30.910.69
Click cells to compare fundamentals

Icecure Medical Account Relationship Matchups

Icecure Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding13.6M17.1M28.5M37.0M45.6M47.9M
Total Assets7.3M10.3M32.3M30.2M16.4M12.7M
Other Current Liab1.1M3.1M2.0M2.8M3.0M1.8M
Total Current Liabilities3.6M3.9M4.0M4.3M3.9M2.7M
Total Stockholder Equity2.6M4.6M27.0M25.4M12.2M9.1M
Property Plant And Equipment Net377.4K621.7K1.6M2.0M2.2M2.3M
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 Payable425.7K645K881K714K502K452.6K
Cash5.8M3.5M25.6M23.7M10.5M9.3M
Non Current Assets Total417.6K658.4K2.0M2.1M2.2M2.3M
Non Currrent Assets Other19.9K36.7K333K34K39.1K67.8K
Cash And Short Term Investments5.8M3.5M25.6M23.7M11.1M9.4M
Net Receivables104.8K165K771K366K103K108.2K
Liabilities And Stockholders Equity7.3M10.3M32.3M30.2M16.4M12.7M
Non Current Liabilities Total1.1M1.8M1.3M430K376K357.2K
Inventory717.3K1.1M2.0M2.9M2.3M1.2M
Other Current Assets301.1K5.0M2.0M1.2M523K496.9K
Other Stockholder Equity45.4M62.6M85.4M100.8M102.2M62.7M
Total Liab4.7M5.8M5.3M4.8M4.2M3.6M
Total Current Assets6.9M9.7M30.3M28.1M14.2M11.8M
Common Stock1.3M2.7M3.5M5.0M5.8M6.1M
Other Assets139K118K333K34K39.1K37.1K
Other Liab2.7M3.3M5.7M618K556.2K528.4K
Net Tangible Assets9.1M14.7M27.0M25.4M29.2M16.1M
Net Invested Capital9.1M14.7M27.0M25.4M12.2M16.3M
Non Current Liabilities Other2.7M2.1M759K618K556.2K528.4K
Net Working Capital11.3M18.6M26.3M23.8M10.3M16.7M
Property Plant Equipment1.3M2.0M1.6M2.0M2.3M1.4M

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When determining whether Icecure Medical is a strong investment it is important to analyze Icecure Medical'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 Icecure Medical's future performance. For an informed investment choice regarding Icecure Stock, refer to the following important reports:
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.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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
(0.28)
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.