Icecure Selling And Marketing Expenses vs Net Interest Income 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 Selling And Marketing Expenses and its Net Interest Income 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.

Selling And Marketing Expenses vs Net Interest Income

Selling And Marketing Expenses vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Icecure Medical Selling And Marketing Expenses account and Net Interest Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Icecure Medical's Selling And Marketing Expenses and Net Interest Income is 0.91. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Net Interest Income 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 Selling And Marketing Expenses and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Icecure Medical are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Selling And Marketing Expenses i.e., Icecure Medical's Selling And Marketing Expenses and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling And Marketing Expenses

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 Expenses11.9M18.2M16.9M17.7M
Cost Of Revenue1.9M1.6M1.9M1.1M

Icecure Medical fundamental ratios Correlations

0.740.770.790.70.97-0.7-0.990.740.680.960.280.690.71-0.140.860.270.90.720.730.94-0.48-0.50.890.520.78
0.740.70.810.990.8-0.98-0.70.880.980.840.660.990.850.130.920.320.890.761.00.75-0.2-0.480.880.50.94
0.770.70.890.630.75-0.57-0.840.780.580.750.220.590.740.260.840.620.890.860.690.85-0.44-0.070.820.370.73
0.790.810.890.730.76-0.72-0.830.90.720.770.370.730.870.350.870.510.890.980.80.91-0.58-0.10.890.660.85
0.70.990.630.730.78-0.99-0.650.830.990.820.670.990.790.050.90.240.850.670.990.68-0.11-0.560.830.440.9
0.970.80.750.760.78-0.78-0.940.720.761.00.370.770.73-0.180.880.240.890.680.790.87-0.31-0.60.870.390.78
-0.7-0.98-0.57-0.72-0.99-0.780.64-0.82-1.0-0.81-0.68-1.0-0.79-0.02-0.87-0.18-0.82-0.65-0.98-0.670.130.58-0.81-0.48-0.9
-0.99-0.7-0.84-0.83-0.65-0.940.64-0.74-0.63-0.92-0.2-0.63-0.720.08-0.85-0.32-0.9-0.76-0.69-0.950.540.39-0.89-0.53-0.76
0.740.880.780.90.830.72-0.82-0.740.820.740.580.820.80.420.850.590.850.910.880.88-0.56-0.130.920.740.97
0.680.980.580.720.990.76-1.0-0.630.820.790.681.00.80.040.870.180.820.660.990.66-0.12-0.570.810.480.9
0.960.840.750.770.821.0-0.81-0.920.740.790.440.80.76-0.140.880.250.90.70.820.87-0.28-0.610.880.40.81
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
0.690.990.590.730.990.77-1.0-0.630.821.00.80.680.80.030.880.180.830.660.990.67-0.12-0.570.820.480.9
0.710.850.740.870.790.73-0.79-0.720.80.80.760.60.80.320.770.390.810.860.850.79-0.24-0.250.760.420.79
-0.140.130.260.350.05-0.18-0.020.080.420.04-0.140.350.030.320.00.770.030.510.140.19-0.310.720.120.250.25
0.860.920.840.870.90.88-0.87-0.850.850.870.880.370.880.770.00.330.980.780.910.84-0.36-0.450.940.520.88
0.270.320.620.510.240.24-0.18-0.320.590.180.250.220.180.390.770.330.360.630.320.51-0.440.520.410.210.48
0.90.890.890.890.850.89-0.82-0.90.850.820.90.380.830.810.030.980.360.810.870.89-0.39-0.420.960.520.86
0.720.760.860.980.670.68-0.65-0.760.910.660.70.410.660.860.510.780.630.810.750.88-0.610.050.830.650.83
0.731.00.690.80.990.79-0.98-0.690.880.990.820.670.990.850.140.910.320.870.750.74-0.2-0.470.860.50.94
0.940.750.850.910.680.87-0.67-0.950.880.660.870.340.670.790.190.840.510.890.880.74-0.66-0.210.930.670.86
-0.48-0.2-0.44-0.58-0.11-0.310.130.54-0.56-0.12-0.280.19-0.12-0.24-0.31-0.36-0.44-0.39-0.61-0.2-0.66-0.34-0.52-0.83-0.48
-0.5-0.48-0.07-0.1-0.56-0.60.580.39-0.13-0.57-0.61-0.36-0.57-0.250.72-0.450.52-0.420.05-0.47-0.21-0.34-0.360.01-0.3
0.890.880.820.890.830.87-0.81-0.890.920.810.880.460.820.760.120.940.410.960.830.860.93-0.52-0.360.680.91
0.520.50.370.660.440.39-0.48-0.530.740.480.40.230.480.420.250.520.210.520.650.50.67-0.830.010.680.69
0.780.940.730.850.90.78-0.9-0.760.970.90.810.590.90.790.250.880.480.860.830.940.86-0.48-0.30.910.69
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 Assets301.1K5.0M2.0M1.2M965K1.4M
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.