Orthopediatrics Revenue Per Share vs Current Deferred Revenue Analysis

KIDS Stock  USD 25.98  0.59  2.32%   
Orthopediatrics Corp financial indicator trend analysis is much more than just breaking down Orthopediatrics Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orthopediatrics Corp is a good investment. Please check the relationship between Orthopediatrics Corp Revenue Per Share and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Orthopediatrics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Orthopediatrics Stock please use our How to Invest in Orthopediatrics Corp guide.

Revenue Per Share vs Current Deferred Revenue

Revenue Per Share vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthopediatrics Corp Revenue Per Share account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Orthopediatrics Corp's Revenue Per Share and Current Deferred Revenue is 0.08. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Orthopediatrics Corp, assuming nothing else is changed. The correlation between historical values of Orthopediatrics Corp's Revenue Per Share and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Orthopediatrics Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Revenue Per Share i.e., Orthopediatrics Corp's Revenue Per Share and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Orthopediatrics Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orthopediatrics Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Orthopediatrics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Orthopediatrics Stock please use our How to Invest in Orthopediatrics Corp guide.Selling General Administrative is likely to gain to about 79.2 M in 2024, whereas Discontinued Operations is likely to drop (988.5 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.2M2.4M198K188.1K
Depreciation And Amortization10.7M13.1M17.4M18.3M

Orthopediatrics Corp fundamental ratios Correlations

-0.540.950.981.00.720.960.930.61-0.53-0.980.910.250.99-0.540.850.970.890.910.520.971.01.00.80.960.95
-0.54-0.66-0.56-0.53-0.77-0.3-0.53-0.64-0.220.45-0.440.55-0.641.0-0.34-0.39-0.42-0.58-0.29-0.47-0.56-0.5-0.5-0.5-0.42
0.95-0.660.990.940.830.850.870.71-0.38-0.930.850.080.97-0.660.70.920.80.850.530.940.950.930.810.920.87
0.98-0.560.990.960.790.910.90.69-0.5-0.970.90.210.98-0.560.780.950.850.870.570.950.970.960.840.930.93
1.0-0.530.940.960.670.960.920.55-0.51-0.960.890.230.98-0.530.840.980.880.90.440.980.990.990.750.970.94
0.72-0.770.830.790.670.530.690.96-0.28-0.740.71-0.040.79-0.770.550.60.660.730.80.620.740.690.890.610.68
0.96-0.30.850.910.960.530.870.44-0.68-0.950.870.470.9-0.30.880.970.880.840.430.940.940.970.70.920.93
0.93-0.530.870.90.920.690.870.62-0.52-0.910.960.260.92-0.530.880.880.970.970.530.860.930.930.840.860.97
0.61-0.640.710.690.550.960.440.62-0.39-0.660.680.110.66-0.640.550.480.630.660.890.470.620.580.910.440.62
-0.53-0.22-0.38-0.5-0.51-0.28-0.68-0.52-0.390.61-0.57-0.93-0.43-0.21-0.73-0.56-0.67-0.54-0.59-0.46-0.51-0.58-0.6-0.38-0.61
-0.980.45-0.93-0.97-0.96-0.74-0.95-0.91-0.660.61-0.93-0.35-0.960.46-0.85-0.96-0.91-0.9-0.61-0.94-0.97-0.98-0.85-0.93-0.97
0.91-0.440.850.90.890.710.870.960.68-0.57-0.930.330.89-0.450.90.850.950.910.610.820.90.90.890.810.98
0.250.550.080.210.23-0.040.470.260.11-0.93-0.350.330.130.540.510.320.430.250.40.20.230.30.330.130.37
0.99-0.640.970.980.980.790.90.920.66-0.43-0.960.890.13-0.640.790.950.860.910.540.960.990.980.820.950.92
-0.541.0-0.66-0.56-0.53-0.77-0.3-0.53-0.64-0.210.46-0.450.54-0.64-0.34-0.39-0.43-0.59-0.29-0.47-0.56-0.51-0.51-0.5-0.42
0.85-0.340.70.780.840.550.880.880.55-0.73-0.850.90.510.79-0.340.780.930.870.540.730.830.870.770.710.9
0.97-0.390.920.950.980.60.970.880.48-0.56-0.960.850.320.95-0.390.780.840.860.430.990.970.980.720.970.92
0.89-0.420.80.850.880.660.880.970.63-0.67-0.910.950.430.86-0.430.930.840.960.560.80.890.910.840.790.97
0.91-0.580.850.870.90.730.840.970.66-0.54-0.90.910.250.91-0.590.870.860.960.560.830.920.920.840.830.94
0.52-0.290.530.570.440.80.430.530.89-0.59-0.610.610.40.54-0.290.540.430.560.560.370.540.510.890.340.57
0.97-0.470.940.950.980.620.940.860.47-0.46-0.940.820.20.96-0.470.730.990.80.830.370.960.960.680.990.89
1.0-0.560.950.970.990.740.940.930.62-0.51-0.970.90.230.99-0.560.830.970.890.920.540.960.990.810.960.94
1.0-0.50.930.960.990.690.970.930.58-0.58-0.980.90.30.98-0.510.870.980.910.920.510.960.990.790.950.95
0.8-0.50.810.840.750.890.70.840.91-0.6-0.850.890.330.82-0.510.770.720.840.840.890.680.810.790.650.85
0.96-0.50.920.930.970.610.920.860.44-0.38-0.930.810.130.95-0.50.710.970.790.830.340.990.960.950.650.89
0.95-0.420.870.930.940.680.930.970.62-0.61-0.970.980.370.92-0.420.90.920.970.940.570.890.940.950.850.89
Click cells to compare fundamentals

Orthopediatrics Corp Account Relationship Matchups

Orthopediatrics Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets194.6M320.4M304.3M427.7M438.7M460.7M
Short Long Term Debt Total26.3M1.5M1.0M907K10.1M10.4M
Other Current Liab2.7M24.9M20.3M19.6M28.9M30.3M
Total Current Liabilities13.7M35.0M29.7M30.9M41.7M43.7M
Total Stockholder Equity142.4M234.8M225.4M378.6M377.0M395.9M
Net Tangible Assets109.6M100.0M83.3M211.9M243.7M255.9M
Property Plant And Equipment Net21.3M27.2M28.5M34.3M41.0M21.9M
Current Deferred Revenue4.3M23.1M18.2M6.0M6.8M7.8M
Net Debt(44.5M)(27.3M)(6.6M)(8.1M)(21.0M)(22.0M)
Retained Earnings(128.8M)(161.8M)(178.0M)(176.8M)(197.7M)(207.6M)
Accounts Payable6.5M10.0M9.3M11.2M12.6M7.2M
Cash70.8M28.8M7.6M9.0M31.1M28.9M
Non Current Assets Total66.5M162.0M170.6M201.0M212.2M222.9M
Long Term Debt26.1M1.0M907K763K9.9M10.3M
Cash And Short Term Investments70.8M83.9M53.5M118.3M80.3M57.4M
Net Receivables16.6M17.5M17.9M24.8M34.6M36.3M
Common Stock Shares Outstanding14.6M18.1M19.3M20.9M22.7M14.9M
Liabilities And Stockholders Equity194.6M320.4M304.3M427.7M438.7M460.7M
Non Current Liabilities Total38.5M50.6M49.2M18.2M20.1M29.5M
Inventory38M53.0M57.6M78.2M105.9M111.1M
Other Current Assets2.7M4.0M4.6M5.4M5.7M6.0M
Other Stockholder Equity271.2M388.6M394.9M560.8M580.3M609.3M
Total Liab52.2M85.6M78.9M49.1M61.7M50.0M
Property Plant And Equipment Gross21.3M27.2M51.6M65.1M80.6M84.7M
Short Long Term Debt124K131K137K144K152K134.6K
Total Current Assets128.1M158.4M133.6M226.7M226.5M122.2M
Accumulated Other Comprehensive Income(3K)7.9M8.5M(5.4M)(5.5M)(5.2M)
Short Term Debt124K131K137K144K152K134.6K
Intangible Assets19.0M64.2M69.8M79.9M84.6M88.8M
Property Plant Equipment21.3M27.2M28.5M34.3M39.4M41.4M
Other Assets1.6M1.9M2.2M14.0K12.6K11.9K
Capital Surpluse271.2M388.6M394.9M560.8M644.9M677.2M
Non Currrent Assets Other(54.1M)8.2M9.5M(6.0M)2.9M3.1M
Retained Earnings Total Equity(128.8M)(161.8M)(178.0M)(176.8M)(159.1M)(167.0M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Orthopediatrics Stock Analysis

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